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Polish (WIG) Software Industry Analysis

UpdatedMar 12, 2026
DataAggregated Company Financials
Companies36
  • 7D3.5%
  • 3M-13.1%
  • 1Y19.2%
  • YTD-15.6%

Over the last 7 days, the Software industry has risen 5.5%, driven by gains from Asseco Poland of 3.7%. In the last 12 months, the industry was up 21%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Mar 2026zł23.7bzł21.8bzł1.1b21.1x22.5x1.1x
Sat, 07 Feb 2026zł24.3bzł21.8bzł1.0b22.7x23.8x1.1x
Mon, 05 Jan 2026zł26.9bzł21.7bzł1.0b25.1x26.2x1.2x
Wed, 03 Dec 2025zł24.3bzł21.1bzł986.9m12.6x24.7x1.2x
Fri, 31 Oct 2025zł26.1bzł21.2bzł986.8m18.9x26.4x1.2x
Sun, 28 Sep 2025zł24.6bzł21.2bzł983.4m17.5x25x1.2x
Tue, 26 Aug 2025zł23.6bzł20.8bzł1.0b21.8x23.4x1.1x
Thu, 24 Jul 2025zł24.4bzł20.8bzł1.0b22.8x24.1x1.2x
Sat, 21 Jun 2025zł22.7bzł20.8bzł1.0b21.2x22.5x1.1x
Mon, 19 May 2025zł22.1bzł20.4bzł994.1m18.5x22.2x1.1x
Wed, 16 Apr 2025zł19.5bzł20.4bzł985.3m16.5x19.8x1x
Fri, 14 Mar 2025zł19.1bzł20.1bzł932.6m18.9x20.5x1x
Sun, 09 Feb 2025zł17.3bzł20.1bzł927.0m16.1x18.7x0.9x
Tue, 07 Jan 2025zł16.3bzł20.1bzł926.9m15.6x17.6x0.8x
Thu, 05 Dec 2024zł15.4bzł20.1bzł927.0m15.7x16.6x0.8x
Sat, 02 Nov 2024zł15.1bzł19.8bzł863.2m14.9x17.5x0.8x
Mon, 30 Sep 2024zł15.9bzł19.8bzł862.8m16.6x18.4x0.8x
Wed, 28 Aug 2024zł15.6bzł19.7bzł909.9m18.7x17.2x0.8x
Fri, 26 Jul 2024zł15.4bzł19.7bzł909.8m18.4x16.9x0.8x
Sun, 23 Jun 2024zł15.6bzł19.7bzł934.5m20.8x16.7x0.8x
Tue, 21 May 2024zł16.1bzł19.8bzł920.9m20.5x17.5x0.8x
Thu, 18 Apr 2024zł15.3bzł19.8bzł878.2m21.6x17.4x0.8x
Sat, 16 Mar 2024zł14.9bzł20.2bzł842.9m22.5x17.7x0.7x
Mon, 12 Feb 2024zł15.3bzł20.1bzł830.5m24.7x18.4x0.8x
Wed, 10 Jan 2024zł15.4bzł20.0bzł831.1m26.6x18.5x0.8x
Fri, 08 Dec 2023zł15.6bzł20.0bzł815.9m26x19.1x0.8x
Sun, 05 Nov 2023zł16.0bzł20.4bzł823.5m23.1x19.4x0.8x
Tue, 03 Oct 2023zł16.0bzł20.4bzł813.2m22.8x19.7x0.8x
Thu, 31 Aug 2023zł16.0bzł20.4bzł763.4m23.3x21x0.8x
Sat, 29 Jul 2023zł17.0bzł20.3bzł754.3m21.5x22.5x0.8x
Mon, 26 Jun 2023zł15.9bzł20.3bzł732.9m20.4x21.7x0.8x
Wed, 24 May 2023zł17.4bzł20.0bzł713.0m22.6x24.4x0.9x
Fri, 21 Apr 2023zł16.1bzł19.6bzł685.3m22.4x23.5x0.8x
Sun, 19 Mar 2023zł15.3bzł19.5bzł705.7m21.7x21.7x0.8x
Price to Earnings Ratio

21.7x


Total Market Cap: zł15.3bTotal Earnings: zł705.7mTotal 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 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
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 Market-0.76%
Tech1.74%
Software3.53%
Systems Software3.71%
Application Software3.21%
Industry PE
  • Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 31.4x.
    • Analysts are expecting annual earnings growth of 18.5%, 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 17.3x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 19% 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
ACP Asseco Polandzł173.302.6%
+zł300.0m
23.0%PE19.4x
ABS Asseco Business Solutionszł77.006.1%
+zł145.2m
6.9%PE19.1x
VRC Vercomzł125.004.2%
+zł109.8m
12.1%PE31.4x
WAS Waskozł6.4022.1%
+zł105.8m
236.8%PE11.4x
EUV Euviczł25.0012.6%
+zł98.4m
n/an/a

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