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Polish (WIG) Software Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies36
  • 7D-2.6%
  • 3M-17.5%
  • 1Y6.7%
  • YTD-19.6%

Over the last 7 days, the Software industry has dropped 2.6%, driven by a pullback from Asseco Poland of 3.3%. Meanwhile, Euvic actually outperformed within the industry, gaining 9.1% in the last week. In the past year, the industry has gained 6.7%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026zł22.6bzł21.8bzł1.1b20.5x21.5x1x
Sun, 22 Feb 2026zł24.4bzł21.7bzł1.0b23.7x23.8x1.1x
Tue, 20 Jan 2026zł26.5bzł21.8bzł1.0b23.9x25.9x1.2x
Thu, 18 Dec 2025zł25.5bzł21.7bzł1.0b22.5x24.8x1.2x
Sat, 15 Nov 2025zł24.0bzł21.2bzł996.1m18.4x24.1x1.1x
Mon, 13 Oct 2025zł24.8bzł21.2bzł986.8m18.9x25.2x1.2x
Wed, 10 Sep 2025zł25.7bzł21.2bzł978.9m22x26.2x1.2x
Fri, 08 Aug 2025zł24.7bzł20.8bzł1.0b21.4x24.3x1.2x
Sun, 06 Jul 2025zł25.7bzł20.8bzł1.0b22.2x25.3x1.2x
Tue, 03 Jun 2025zł22.8bzł20.8bzł1.0b19.4x22.4x1.1x
Thu, 01 May 2025zł20.5bzł20.4bzł991.2m18.9x20.7x1x
Sat, 29 Mar 2025zł20.3bzł20.1bzł924.9m18x21.9x1x
Mon, 24 Feb 2025zł18.8bzł20.0bzł920.8m18.5x20.5x0.9x
Wed, 22 Jan 2025zł15.7bzł20.1bzł926.9m15.7x16.9x0.8x
Fri, 20 Dec 2024zł15.6bzł20.1bzł926.9m13.9x16.8x0.8x
Sun, 17 Nov 2024zł14.9bzł19.8bzł865.9m17.2x17.2x0.8x
Tue, 15 Oct 2024zł15.0bzł19.8bzł861.4m14.4x17.4x0.8x
Thu, 12 Sep 2024zł15.5bzł19.7bzł844.0m18.5x18.4x0.8x
Sat, 10 Aug 2024zł14.9bzł19.7bzł913.2m21x16.3x0.8x
Mon, 08 Jul 2024zł15.7bzł19.7bzł909.8m20x17.3x0.8x
Wed, 05 Jun 2024zł15.7bzł19.7bzł939.7m20.1x16.7x0.8x
Fri, 03 May 2024zł15.6bzł19.8bzł880.1m20.5x17.7x0.8x
Sun, 31 Mar 2024zł15.2bzł19.8bzł852.8m24.2x17.9x0.8x
Tue, 27 Feb 2024zł14.3bzł20.1bzł837.9m22.7x17.1x0.7x
Thu, 25 Jan 2024zł15.1bzł20.0bzł831.1m27.2x18.2x0.8x
Sat, 23 Dec 2023zł15.7bzł20.0bzł831.0m26x18.9x0.8x
Mon, 20 Nov 2023zł16.1bzł20.5bzł839.9m21.5x19.1x0.8x
Wed, 18 Oct 2023zł15.9bzł20.4bzł816.5m23x19.4x0.8x
Fri, 15 Sep 2023zł16.4bzł20.5bzł777.8m22.8x21.1x0.8x
Sun, 13 Aug 2023zł16.6bzł20.4bzł771.2m22.7x21.5x0.8x
Tue, 11 Jul 2023zł16.9bzł20.3bzł752.3m22.8x22.5x0.8x
Thu, 08 Jun 2023zł16.4bzł20.3bzł735.8m20.9x22.3x0.8x
Sat, 06 May 2023zł16.5bzł19.9bzł708.3m23.4x23.3x0.8x
Mon, 03 Apr 2023zł15.2bzł19.5bzł704.3m20x21.6x0.8x
Price to Earnings Ratio

21.6x


Total Market Cap: zł15.2bTotal Earnings: zł704.3mTotal Revenue: zł19.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Software Industry Price to Earnings3Y Average 20.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Polish Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
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 3.7% 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 Market0.19%
Tech-3.02%
Software-2.58%
Application Software-1.42%
Systems Software-3.18%
Industry PE
  • Investors are most optimistic about the Application Software industry, which is trading close to its 3-year average PE ratio of 31.1x.
    • Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings growth of 3.7% per year.
  • Investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 3.7% per year.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 10% 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
EUV Euviczł24.009.1%
+zł70.3m
31.1%n/a
ABS Asseco Business Solutionszł79.801.3%
+zł33.0m
15.0%PE19.8x
PAC Proactazł0.8418.9%
+zł15.7m
-6.2%PS15.2x
IFI Ifirmazł30.501.8%
+zł3.5m
19.1%PE15x
PNT Pointpackzł13.957.3%
+zł1.1m
-6.7%PE2.9x

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