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Polish (WIG) Software Industry Analysis
UpdatedJan 13, 2026
DataAggregated Company Financials
Companies34
- 7D1.3%
- 3M10.5%
- 1Y78.0%
- YTD2.5%
Last week, the Software industry hasn't moved much but DataWalk is up 19% in that time. The past year has been better, since the industry has gained 76% in that time. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Polish Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 13 Jan 2026 | zł27.6b | zł21.7b | zł1.0b | 24.1x | 26.9x | 1.3x |
| Thu, 11 Dec 2025 | zł26.2b | zł21.7b | zł1.0b | 12.6x | 25.4x | 1.2x |
| Sat, 08 Nov 2025 | zł24.1b | zł21.2b | zł991.9m | 18.2x | 24.3x | 1.1x |
| Mon, 06 Oct 2025 | zł27.7b | zł21.2b | zł986.7m | 18.2x | 28.1x | 1.3x |
| Wed, 03 Sep 2025 | zł22.3b | zł20.8b | zł999.1m | 21.9x | 22.4x | 1.1x |
| Fri, 01 Aug 2025 | zł24.3b | zł20.8b | zł1.0b | 21.3x | 23.9x | 1.2x |
| Sun, 29 Jun 2025 | zł23.5b | zł20.8b | zł1.0b | 22x | 23.2x | 1.1x |
| Tue, 27 May 2025 | zł21.5b | zł20.5b | zł1.0b | 18.6x | 21.4x | 1.1x |
| Thu, 24 Apr 2025 | zł19.9b | zł3.3b | zł988.6m | 16.8x | 20.1x | 6.1x |
| Sat, 22 Mar 2025 | zł20.1b | zł20.1b | zł924.8m | 19.1x | 21.7x | 1x |
| Mon, 17 Feb 2025 | zł18.1b | zł20.1b | zł927.1m | 16.4x | 19.5x | 0.9x |
| Wed, 15 Jan 2025 | zł15.4b | zł20.1b | zł926.8m | 15.5x | 16.6x | 0.8x |
| Fri, 13 Dec 2024 | zł15.6b | zł20.1b | zł927.0m | 14.7x | 16.8x | 0.8x |
| Sun, 10 Nov 2024 | zł15.1b | zł19.8b | zł866.0m | 14.9x | 17.5x | 0.8x |
| Tue, 08 Oct 2024 | zł15.1b | zł19.8b | zł858.6m | 15x | 17.6x | 0.8x |
| Thu, 05 Sep 2024 | zł16.1b | zł19.7b | zł842.6m | 18.9x | 19.1x | 0.8x |
| Sat, 03 Aug 2024 | zł15.1b | zł19.7b | zł910.5m | 19.9x | 16.6x | 0.8x |
| Mon, 01 Jul 2024 | zł15.6b | zł19.7b | zł934.5m | 20.9x | 16.7x | 0.8x |
| Wed, 29 May 2024 | zł16.0b | zł19.8b | zł925.3m | 17.9x | 17.3x | 0.8x |
| Fri, 26 Apr 2024 | zł15.5b | zł19.8b | zł871.0m | 21.2x | 17.8x | 0.8x |
| Sun, 24 Mar 2024 | zł14.9b | zł20.2b | zł842.8m | 24.8x | 17.7x | 0.7x |
| Tue, 20 Feb 2024 | zł14.4b | zł20.1b | zł837.9m | 24.9x | 17.2x | 0.7x |
| Thu, 18 Jan 2024 | zł15.0b | zł20.0b | zł831.1m | 26.7x | 18x | 0.7x |
| Sat, 16 Dec 2023 | zł15.7b | zł20.0b | zł818.4m | 25.9x | 19.1x | 0.8x |
| Mon, 13 Nov 2023 | zł15.8b | zł20.4b | zł823.3m | 21.8x | 19.2x | 0.8x |
| Wed, 11 Oct 2023 | zł15.9b | zł20.4b | zł816.5m | 23.7x | 19.5x | 0.8x |
| Fri, 08 Sep 2023 | zł16.2b | zł20.4b | zł763.0m | 23.9x | 21.3x | 0.8x |
| Sun, 06 Aug 2023 | zł16.7b | zł20.4b | zł757.0m | 21.3x | 22.1x | 0.8x |
| Tue, 04 Jul 2023 | zł16.2b | zł20.3b | zł733.0m | 22.2x | 22.2x | 0.8x |
| Thu, 01 Jun 2023 | zł16.2b | zł20.3b | zł718.9m | 21.6x | 22.6x | 0.8x |
| Sat, 29 Apr 2023 | zł16.4b | zł19.9b | zł705.6m | 22.4x | 23.2x | 0.8x |
| Mon, 27 Mar 2023 | zł15.2b | zł19.5b | zł703.8m | 20x | 21.5x | 0.8x |
| Wed, 22 Feb 2023 | zł15.6b | zł19.5b | zł688.1m | 24.2x | 22.7x | 0.8x |
| Fri, 20 Jan 2023 | zł14.5b | zł19.4b | zł686.4m | 15.4x | 21.1x | 0.7x |
Price to Earnings Ratio
21.1x
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 26.7x which is higher than its 3-year average PE of 20.5x.
- The 3-year average PS ratio of 0.93x is lower than the industry's current PS ratio of 1.3x.
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 Market | 1.31% | |
| Tech | 1.90% | |
| Software | 1.32% | |
| Application Software | 4.90% | |
| Systems Software | -0.081% | |
Industry PE
- Investors are most optimistic about the Application Software industry, which is trading close to its 3-year average PE ratio of 33.1x.
- Analysts expect its future annual earnings growth (19.5%) 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 16.9x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DAT DataWalk | zł139.00 | 18.8% +zł140.6m | 132.1% | PS22.1x | |
| VRC Vercom | zł137.60 | 3.6% +zł105.4m | 20.7% | PE34.6x | |
| WAS Wasko | zł2.90 | 29.5% +zł60.2m | 88.3% | PE16x | |
| TXT Text | zł42.20 | 5.0% +zł51.5m | -23.4% | PE7.9x | |
| SHO Shoper | zł56.60 | 2.9% +zł45.0m | 39.8% | PE36.7x |
