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Polish (WIG) Software Industry Analysis

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies35
  • 7D1.0%
  • 3M-0.6%
  • 1Y62.8%
  • YTD-1.0%

The Software industry is up 1.0% in the last week, with Asseco Poland up 2.0%. This takes the industry's 12 month performance to a gain of 63%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Polish Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Jan 2026zł26.8bzł21.8bzł1.0b24.1x26.2x1.2x
Thu, 25 Dec 2025zł26.1bzł21.7bzł1.0b23.1x25.4x1.2x
Sat, 22 Nov 2025zł23.0bzł21.2bzł996.5m12.7x23x1.1x
Mon, 20 Oct 2025zł25.5bzł21.2bzł986.7m18.6x25.8x1.2x
Wed, 17 Sep 2025zł25.3bzł21.2bzł977.8m19.3x25.9x1.2x
Fri, 15 Aug 2025zł22.7bzł20.8bzł1.0b21.6x22.4x1.1x
Sun, 13 Jul 2025zł24.7bzł20.8bzł1.0b21.5x24.4x1.2x
Tue, 10 Jun 2025zł22.9bzł20.8bzł1.0b19.7x22.5x1.1x
Thu, 08 May 2025zł21.1bzł20.4bzł995.6m19.9x21.2x1x
Sat, 05 Apr 2025zł18.8bzł20.4bzł980.9m17x19.1x0.9x
Mon, 03 Mar 2025zł19.0bzł20.0bzł923.5m17.6x20.5x0.9x
Wed, 29 Jan 2025zł16.2bzł20.1bzł927.0m15.7x17.5x0.8x
Fri, 27 Dec 2024zł15.7bzł20.1bzł926.9m14x16.9x0.8x
Sun, 24 Nov 2024zł14.6bzł19.9bzł893.3m16.6x16.4x0.7x
Tue, 22 Oct 2024zł15.2bzł19.8bzł861.3m14.9x17.7x0.8x
Thu, 19 Sep 2024zł15.5bzł19.8bzł857.4m16.7x18.1x0.8x
Sat, 17 Aug 2024zł15.4bzł19.7bzł915.3m20.5x16.8x0.8x
Mon, 15 Jul 2024zł15.7bzł19.7bzł909.9m19.4x17.2x0.8x
Wed, 12 Jun 2024zł15.6bzł19.7bzł942.6m20.5x16.5x0.8x
Fri, 10 May 2024zł15.9bzł19.8bzł880.7m19.8x18x0.8x
Sun, 07 Apr 2024zł15.7bzł19.8bzł867.1m24x18.1x0.8x
Tue, 05 Mar 2024zł14.5bzł20.2bzł843.1m23.1x17.2x0.7x
Thu, 01 Feb 2024zł15.3bzł20.0bzł831.1m27.3x18.4x0.8x
Sat, 30 Dec 2023zł15.6bzł20.0bzł831.0m27x18.8x0.8x
Mon, 27 Nov 2023zł15.7bzł20.0bzł814.0m22.7x19.3x0.8x
Wed, 25 Oct 2023zł15.5bzł20.4bzł816.6m23.2x18.9x0.8x
Fri, 22 Sep 2023zł16.3bzł20.4bzł816.9m22x20x0.8x
Sun, 20 Aug 2023zł16.2bzł20.4bzł772.7m23.1x21x0.8x
Tue, 18 Jul 2023zł16.9bzł20.3bzł754.9m21.4x22.4x0.8x
Thu, 15 Jun 2023zł16.5bzł20.3bzł738.1m18.7x22.4x0.8x
Sat, 13 May 2023zł17.0bzł19.9bzł708.3m24.8x24.1x0.9x
Mon, 10 Apr 2023zł15.1bzł19.6bzł705.4m20.3x21.5x0.8x
Wed, 08 Mar 2023zł15.8bzł19.5bzł698.6m22.8x22.6x0.8x
Fri, 03 Feb 2023zł14.8bzł19.4bzł686.8m14.9x21.6x0.8x
Price to Earnings Ratio

21.6x


Total Market Cap: zł14.8bTotal Earnings: zł686.8mTotal Revenue: zł19.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Software Industry Price to Earnings3Y Average 20.6x202420252026
Current Industry PE
  • Investors are optimistic on the Polish Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.2x which is higher than its 3-year average PE of 20.6x.
  • The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 3.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Polish Tech industry?

PL Market1.08%
Tech0.21%
Software1.04%
Systems Software1.70%
Application Software-0.44%
Industry PE
  • Investors are most optimistic about the Application Software industry, which is trading close to its 3-year average PE ratio of 32.7x.
    • Analysts expect its future annual earnings growth (19.2%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Systems Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.0x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ACP Asseco Polandzł217.200.9%
+zł136.4m		107.8%PE24.4x
TXT Textzł43.422.3%
+zł24.7m		-24.5%PE8.1x
WAS Waskozł3.955.3%
+zł18.2m		157.3%PE21.8x
ALL Ailleronzł17.268.1%
+zł16.1m		-24.3%PE8.1x
IFI Ifirmazł36.005.9%
+zł12.8m		57.9%PE16.7x

Latest News

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zł6.60
Silvair
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1Y
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ACP
zł217.20
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7D
0.9%
1Y
107.8%
WAS
zł3.95
Wasko
7D
5.3%
1Y
157.3%
ALL
zł17.26
Ailleron
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PAC
zł1.01
Proacta
7D
-3.8%
1Y
36.1%
TXT
zł43.42
Text
7D
2.3%
1Y
-24.5%
WPR
zł4.37
Woodpecker.co
7D
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1Y
6.7%
BIG
zł54.10
Baseig Spolka Akcyjna
7D
2.2%
1Y
n/a
CST
zł1.93
CStore
7D
-5.9%
1Y
n/a
ABS
zł85.60
Asseco Business Solutions
7D
-0.9%
1Y
40.8%