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Polish (WIG) Software Industry Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies36
  • 7D-1.1%
  • 3M-11.3%
  • 1Y14.0%
  • YTD-16.1%

Last week, the Software industry hasn't moved much but Asseco Business Solutions is up 7.9% in that time. The past year has been better, since the industry has gained 14% in that time. 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
Wed, 18 Mar 2026zł23.6bzł21.8bzł1.1b21.4x22.4x1.1x
Fri, 13 Feb 2026zł23.8bzł21.8bzł1.0b22.3x23.3x1.1x
Sun, 11 Jan 2026zł27.4bzł21.7bzł1.0b24.1x26.7x1.3x
Tue, 09 Dec 2025zł25.2bzł21.7bzł1.0b12.7x24.5x1.2x
Thu, 06 Nov 2025zł25.4bzł21.2bzł992.0m18.3x25.6x1.2x
Sat, 04 Oct 2025zł27.7bzł21.2bzł983.7m18.2x28.1x1.3x
Mon, 01 Sep 2025zł22.7bzł20.8bzł999.1m21.8x22.8x1.1x
Wed, 30 Jul 2025zł24.6bzł20.8bzł1.0b21.9x24.3x1.2x
Fri, 27 Jun 2025zł23.6bzł20.8bzł1.0b21.6x23.3x1.1x
Sun, 25 May 2025zł21.1bzł20.5bzł1.0b18.8x21x1x
Tue, 22 Apr 2025zł19.5bzł3.3bzł985.4m16.8x19.8x6x
Thu, 20 Mar 2025zł20.1bzł20.1bzł924.8m19.7x21.7x1x
Sat, 15 Feb 2025zł18.1bzł20.1bzł927.1m16.4x19.5x0.9x
Mon, 13 Jan 2025zł15.5bzł20.1bzł926.8m15.7x16.8x0.8x
Wed, 11 Dec 2024zł15.5bzł20.1bzł927.0m14.7x16.8x0.8x
Fri, 08 Nov 2024zł15.0bzł19.8bzł865.6m14.9x17.3x0.8x
Sun, 06 Oct 2024zł14.9bzł19.8bzł858.6m15x17.4x0.8x
Tue, 03 Sep 2024zł15.8bzł19.7bzł895.6m19x17.7x0.8x
Thu, 01 Aug 2024zł15.5bzł19.7bzł910.4m19.9x17x0.8x
Sat, 29 Jun 2024zł15.6bzł19.7bzł934.5m20.9x16.7x0.8x
Mon, 27 May 2024zł16.1bzł19.8bzł925.3m17.8x17.4x0.8x
Wed, 24 Apr 2024zł15.4bzł19.8bzł871.0m21.1x17.7x0.8x
Fri, 22 Mar 2024zł14.9bzł20.2bzł842.9m23.5x17.7x0.7x
Sun, 18 Feb 2024zł14.1bzł20.1bzł837.9m24.8x16.8x0.7x
Tue, 16 Jan 2024zł15.3bzł20.0bzł831.1m26.9x18.4x0.8x
Thu, 14 Dec 2023zł15.6bzł20.0bzł818.5m26.6x19.1x0.8x
Sat, 11 Nov 2023zł15.8bzł20.4bzł823.5m21.8x19.2x0.8x
Mon, 09 Oct 2023zł16.0bzł20.4bzł816.5m23.6x19.6x0.8x
Wed, 06 Sep 2023zł16.3bzł20.4bzł763.3m22.5x21.3x0.8x
Fri, 04 Aug 2023zł16.9bzł20.4bzł754.7m22x22.5x0.8x
Sun, 02 Jul 2023zł16.3bzł20.3bzł733.0m21.7x22.2x0.8x
Tue, 30 May 2023zł16.6bzł20.0bzł714.4m21.2x23.2x0.8x
Thu, 27 Apr 2023zł16.2bzł19.9bzł705.6m22.9x23x0.8x
Sat, 25 Mar 2023zł15.2bzł19.5bzł704.0m20x21.5x0.8x
Price to Earnings Ratio

21.5x


Total Market Cap: zł15.2bTotal Earnings: zł704.0mTotal 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 0.96x 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 Market1.28%
Tech-0.28%
Software-1.13%
Systems Software-0.14%
Application Software-2.97%
Industry PE
  • Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 31.3x.
    • 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 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
ABS Asseco Business Solutionszł82.007.9%
+zł198.0m
18.5%PE20.4x
WAS Waskozł7.2023.3%
+zł124.0m
262.7%PE12.9x
CST CStorezł4.1556.6%
+zł17.7m
n/an/a
MAD Madkomzł5.0013.1%
+zł2.9m
145.1%PE11x
QNT Quantum softwarezł34.006.3%
+zł2.7m
71.7%PE7.7x

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