Polish (WIG) Software Industry Analysis
UpdatedAug 04, 2024
DataAggregated Company Financials
Companies33
- 7D-1.1%
- 3M-1.8%
- 1Y0.5%
- YTD5.1%
Over the last 7 days, the Software industry has dropped 1.1%, driven by Asseco Poland declining 2.0%. In contrast, Fintech has gained 49%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Sun, 04 Aug 2024 | zł15.1b | zł19.7b | zł914.1m | 19.9x | 16.5x | 0.8x |
| Tue, 02 Jul 2024 | zł15.5b | zł19.7b | zł934.5m | 20.9x | 16.6x | 0.8x |
| Thu, 30 May 2024 | zł15.8b | zł19.8b | zł924.1m | 17.5x | 17.1x | 0.8x |
| Sat, 27 Apr 2024 | zł15.5b | zł19.8b | zł874.7m | 20.4x | 17.7x | 0.8x |
| Mon, 25 Mar 2024 | zł14.9b | zł20.2b | zł841.8m | 24.8x | 17.7x | 0.7x |
| Wed, 21 Feb 2024 | zł14.4b | zł20.1b | zł837.9m | 24.5x | 17.2x | 0.7x |
| Fri, 19 Jan 2024 | zł15.1b | zł20.0b | zł831.1m | 26.5x | 18.2x | 0.8x |
| Sun, 17 Dec 2023 | zł15.7b | zł20.0b | zł818.4m | 25.9x | 19.1x | 0.8x |
| Tue, 14 Nov 2023 | zł15.8b | zł20.4b | zł823.3m | 22.4x | 19.2x | 0.8x |
| Thu, 12 Oct 2023 | zł16.0b | zł20.4b | zł816.5m | 23.6x | 19.6x | 0.8x |
| Sat, 09 Sep 2023 | zł16.6b | zł20.4b | zł775.8m | 23.4x | 21.4x | 0.8x |
| Mon, 07 Aug 2023 | zł16.7b | zł20.4b | zł757.0m | 21.3x | 22.1x | 0.8x |
| Wed, 05 Jul 2023 | zł16.3b | zł20.3b | zł752.3m | 22x | 21.6x | 0.8x |
| Fri, 02 Jun 2023 | zł16.5b | zł20.3b | zł718.9m | 21.6x | 23x | 0.8x |
| Sun, 30 Apr 2023 | zł16.4b | zł19.9b | zł705.6m | 22.4x | 23.2x | 0.8x |
| Tue, 28 Mar 2023 | zł15.2b | zł19.5b | zł704.2m | 21x | 21.5x | 0.8x |
| Thu, 23 Feb 2023 | zł15.5b | zł19.5b | zł688.1m | 24.3x | 22.5x | 0.8x |
| Sat, 21 Jan 2023 | zł14.3b | zł19.4b | zł686.5m | 15.4x | 20.8x | 0.7x |
| Mon, 19 Dec 2022 | zł13.8b | zł19.4b | zł685.4m | 15.8x | 20.1x | 0.7x |
| Wed, 16 Nov 2022 | zł13.6b | zł18.3b | zł688.1m | 16.8x | 19.8x | 0.7x |
| Fri, 14 Oct 2022 | zł13.0b | zł18.3b | zł678.3m | 17.2x | 19.1x | 0.7x |
| Sun, 11 Sep 2022 | zł14.3b | zł10.4b | zł769.2m | 18.8x | 18.6x | 1.4x |
| Tue, 09 Aug 2022 | zł14.6b | zł17.3b | zł759.5m | 18.3x | 19.2x | 0.8x |
| Thu, 07 Jul 2022 | zł14.2b | zł17.3b | zł755.0m | 15.7x | 18.8x | 0.8x |
| Sat, 04 Jun 2022 | zł14.1b | zł17.3b | zł752.6m | 15.9x | 18.8x | 0.8x |
| Mon, 02 May 2022 | zł14.9b | zł16.5b | zł737.9m | 20x | 20.2x | 0.9x |
| Wed, 30 Mar 2022 | zł15.8b | zł16.4b | zł726.6m | 20x | 21.7x | 1x |
| Fri, 25 Feb 2022 | zł14.6b | zł15.5b | zł733.6m | 16.4x | 19.9x | 0.9x |
| Sun, 23 Jan 2022 | zł17.0b | zł15.5b | zł732.6m | 18.5x | 23.2x | 1.1x |
| Tue, 21 Dec 2021 | zł17.7b | zł15.5b | zł811.0m | 17.2x | 21.9x | 1.1x |
| Thu, 18 Nov 2021 | zł19.5b | zł14.9b | zł773.0m | 16.7x | 25.3x | 1.3x |
| Sat, 16 Oct 2021 | zł18.9b | zł14.8b | zł769.7m | 17.3x | 24.6x | 1.3x |
| Mon, 13 Sep 2021 | zł17.5b | zł14.8b | zł757.7m | 18.1x | 23x | 1.2x |
| Wed, 11 Aug 2021 | zł17.1b | zł14.8b | zł759.8m | 15.3x | 22.6x | 1.2x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are pessimistic on the Polish Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.5x which is lower than its 3-year average PE of 21.1x.
- The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 10.0% 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 | -2.31% | |
| Tech | -1.56% | |
| Software | -1.13% | |
| Systems Software | -1.13% | |
| Application Software | -1.13% | |
Industry PE
- Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 47.6x.
- Analysts are expecting annual earnings growth of 14.9%, which is lower than the prior year's growth of 41.2% per year.
- Investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 14.3x.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 6.6% 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 | |
|---|---|---|---|---|---|
| FTH Fintech | zł1.68 | 48.7% +zł40.2m | 50.0% | PE21.5x | |
| VRC Vercom | zł123.00 | 0.4% +zł11.1m | 84.7% | PE35.2x | |
| TXT Text | zł82.90 | 0.1% +zł2.6m | -41.9% | PE12.8x | |
| XPL Xplus | zł1.41 | 2.5% +zł2.4m | -14.0% | PS1.9x | |
| O2T One2Tribe | zł0.37 | 12.9% +zł2.3m | 15.7% | PE353.7x |