Polish (WIG) Software Industry Analysis
- 7D-3.9%
- 3M1.0%
- 1Y29.5%
- YTD21.0%
Over the last 7 days, the Software industry has dropped 5.5%, driven by a decline by Shoper of 19%. This takes the industry's 12 month performance to a gain of 31%.
Industry Valuation and Performance
Has the Polish Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | zł18.0b | zł15.5b | zł810.8m | 15.9x |
| Fri, 29 Oct 2021 | zł19.5b | zł14.8b | zł772.5m | 16.9x |
| Sun, 26 Sep 2021 | zł17.7b | zł14.8b | zł752.5m | 15.4x |
| Tue, 24 Aug 2021 | zł17.3b | zł14.8b | zł759.8m | 15.5x |
| Wed, 30 Jun 2021 | zł15.2b | zł14.8b | zł745.2m | 15.1x |
| Sat, 03 Apr 2021 | zł12.9b | zł14.1b | zł687.4m | 23.8x |
| Tue, 05 Jan 2021 | zł12.1b | zł13.7b | zł665.8m | 15.2x |
| Fri, 09 Oct 2020 | zł11.6b | zł13.1b | zł563.5m | 15.9x |
| Thu, 02 Jul 2020 | zł10.2b | zł12.9b | zł537.2m | 15.1x |
| Sun, 05 Apr 2020 | zł8.0b | zł12.5b | zł466.5m | 14x |
| Wed, 08 Jan 2020 | zł8.7b | zł12.0b | zł455.3m | 13x |
| Tue, 01 Oct 2019 | zł7.3b | zł11.7b | zł453.5m | 12.7x |
| Fri, 05 Jul 2019 | zł7.4b | zł11.1b | zł444.9m | 11x |
| Mon, 08 Apr 2019 | zł7.3b | zł10.8b | zł453.1m | 11x |
| Thu, 10 Jan 2019 | zł6.6b | zł10.5b | zł442.2m | 11.5x |
8.9x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Software industry have grown 24% per year over the last three years, and revenues for these companies have grown 15% 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 Software industry?
| Systems Software | -3.38% | |
| Application Software | -4.53% | |
Industry PE: Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 16.7x. However analysts are expecting annual earnings growth of 16%, which is lower than the prior year's growth of 62% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 14.2x.
Forecasted Growth: Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 16% over the next 5 years. However this is lower than its past earnings growth rate of 62% per year. Meanwhile, the Systems Software industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| CLD Cloud Technologies | 11.6%+zł11.8m | 79.8% | PE12.5x | |
| SVRS Silvair | 14.8%+zł10.8m | -17.9% | PS36.1x | |
| ABS Asseco Business Solutions | 0.7%+zł10.0m | 17.3% | PE16.7x | |
| PNT PointPack | 8.9%+zł5.6m | -10.3% | PE13.3x | |
| ALL Ailleron | 2.3%+zł3.7m | 68.4% | PE19.2x |