Why Investors Shouldn't Be Surprised By Digital Network SA's (WSE:DIG) 25% Share Price Plunge
Aug 11
Polish (WIG) Media Industry Analysis
UpdatedAug 24, 2024
DataAggregated Company Financials
Companies19
- 7D11.1%
- 3M7.0%
- 1Y2.3%
- YTD13.1%
In the last week, the Media industry is up 1.7%, with Cyfrowy Polsat up 2.0%. In contrast, the industry has lost 5.3% in the last 12 months. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Polish Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 24 Aug 2024 | zł10.9b | zł16.4b | zł664.5m | 11.7x | 16.4x | 0.7x |
| Mon, 22 Jul 2024 | zł9.1b | zł16.3b | zł530.8m | 10.4x | 17.1x | 0.6x |
| Wed, 19 Jun 2024 | zł9.4b | zł16.3b | zł532.0m | 10.2x | 17.7x | 0.6x |
| Fri, 17 May 2024 | zł10.1b | zł16.0b | zł459.0m | 11.3x | 21.9x | 0.6x |
| Sun, 14 Apr 2024 | zł8.3b | zł16.0b | zł454.3m | 9.5x | 18.2x | 0.5x |
| Tue, 12 Mar 2024 | zł8.7b | zł15.7b | zł448.5m | 9.8x | 19.5x | 0.6x |
| Thu, 08 Feb 2024 | zł8.8b | zł15.7b | zł430.2m | 12.8x | 20.4x | 0.6x |
| Sat, 06 Jan 2024 | zł9.4b | zł15.7b | zł429.9m | 12.8x | 21.8x | 0.6x |
| Mon, 04 Dec 2023 | zł9.9b | zł15.6b | zł423.8m | 13.3x | 23.4x | 0.6x |
| Wed, 01 Nov 2023 | zł10.0b | zł15.4b | zł535.9m | 11x | 18.6x | 0.6x |
| Fri, 29 Sep 2023 | zł9.1b | zł15.4b | zł521.5m | 10.8x | 17.4x | 0.6x |
| Sun, 27 Aug 2023 | zł10.7b | zł15.4b | zł539.5m | 10.1x | 19.8x | 0.7x |
| Tue, 25 Jul 2023 | zł12.1b | zł15.3b | zł818.8m | 10.6x | 14.8x | 0.8x |
| Thu, 22 Jun 2023 | zł12.0b | zł15.3b | zł815.2m | 10.1x | 14.8x | 0.8x |
| Sat, 20 May 2023 | zł12.6b | zł15.3b | zł750.6m | 9.7x | 16.8x | 0.8x |
| Mon, 17 Apr 2023 | zł11.9b | zł14.9b | zł1.1b | 10x | 11.1x | 0.8x |
| Wed, 15 Mar 2023 | zł12.0b | zł14.9b | zł1.1b | 9.9x | 10.6x | 0.8x |
| Fri, 10 Feb 2023 | zł12.8b | zł14.9b | zł1.1b | 10x | 11.3x | 0.9x |
| Sun, 08 Jan 2023 | zł13.1b | zł14.9b | zł1.1b | 7.9x | 11.6x | 0.9x |
| Tue, 06 Dec 2022 | zł12.8b | zł14.8b | zł1.1b | 8.1x | 11.3x | 0.9x |
| Thu, 03 Nov 2022 | zł13.0b | zł14.5b | zł4.1b | 6.3x | 3.2x | 0.9x |
| Sat, 01 Oct 2022 | zł11.3b | zł14.5b | zł4.1b | 7.5x | 2.8x | 0.8x |
| Mon, 29 Aug 2022 | zł14.0b | zł14.5b | zł13.8b | 8.8x | 1x | 1x |
| Wed, 27 Jul 2022 | zł13.5b | zł14.3b | zł4.3b | 8.6x | 3.1x | 0.9x |
| Fri, 24 Jun 2022 | zł13.8b | zł14.3b | zł4.3b | 8.8x | 3.2x | 1x |
| Sun, 22 May 2022 | zł15.2b | zł14.2b | zł4.3b | 8.9x | 3.6x | 1.1x |
| Tue, 19 Apr 2022 | zł18.8b | zł14.2b | zł4.4b | 12.1x | 4.2x | 1.3x |
| Thu, 17 Mar 2022 | zł19.1b | zł14.2b | zł4.4b | 13.2x | 4.4x | 1.3x |
| Sat, 12 Feb 2022 | zł20.6b | zł14.2b | zł4.4b | 12.7x | 4.7x | 1.5x |
| Mon, 10 Jan 2022 | zł22.9b | zł14.2b | zł4.4b | 12.6x | 5.3x | 1.6x |
| Wed, 08 Dec 2021 | zł23.5b | zł14.2b | zł4.4b | 12.6x | 5.4x | 1.7x |
| Fri, 05 Nov 2021 | zł24.2b | zł14.0b | zł1.5b | 14.6x | 15.6x | 1.7x |
| Sun, 03 Oct 2021 | zł24.0b | zł14.0b | zł1.5b | 13.9x | 15.5x | 1.7x |
| Tue, 31 Aug 2021 | zł24.9b | zł14.0b | zł1.5b | 13.4x | 16.2x | 1.8x |
Price to Earnings Ratio
16.2x
Current Industry PE
- Investors are optimistic on the Polish Media industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.4x which is higher than its 3-year average PE of 12.2x.
- The industry is trading close to its 3-year average PS ratio of 0.94x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 31% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.1% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Polish Telecom industry?
| PL Market | -0.71% | |
| Telecom | 3.25% | |
| Media | 11.06% | |
| Cable and Satellite | 13.06% | |
| Advertising | 4.98% | |
| Publishing | 0.27% | |
| Broadcasting | -2.06% | |
Industry PE
- Investors are most optimistic about the Publishing industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Broadcasting industry, which is trading close to its 3-year average of 6.3x.
Forecasted Growth
- Analysts are most optimistic on the Cable and Satellite industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 47% per year.
- In contrast, the Advertising industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| CPS Cyfrowy Polsat | zł14.46 | 13.1% +zł1.1b | 1.4% | PE16.9x | |
| DIG Digital Network | zł40.90 | 9.7% +zł15.0m | 158.0% | PE7.4x | |
| AGO Agora | zł10.72 | 0.9% +zł4.7m | 31.1% | PE38.5x | |
| RRH Roof Renovation | zł0.15 | 16.2% +zł3.7m | -63.7% | PS0.8x | |
| FAB Fabrity Holding | zł30.30 | 4.8% +zł3.2m | -10.6% | PE5.5x |