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Jun 13
Polish (WIG) Market Analysis & Valuation
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies649
- 7D-1.2%
- 3M0.5%
- 1Y15.2%
- YTD4.6%
Over the last 7 days, the market has dropped 1.2%, driven by a decline of 2.9% in the Consumer Discretionary sector. As for the longer term, the market has actually risen by 15% in the last year. Looking forward, earnings are forecast to grow by 15% annually.
Market Valuation and Performance
Has the Polish Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | zł852.7b | zł1.2t | zł58.4b | 12.3x | 14.6x | 0.7x |
| Mon, 13 May 2024 | zł888.1b | zł1.3t | zł67.0b | 12x | 13.3x | 0.7x |
| Wed, 10 Apr 2024 | zł881.6b | zł1.3t | zł78.2b | 12.3x | 11.3x | 0.7x |
| Fri, 08 Mar 2024 | zł844.1b | zł1.3t | zł85.3b | 12.5x | 9.9x | 0.7x |
| Sun, 04 Feb 2024 | zł853.4b | zł1.3t | zł91.3b | 13x | 9.3x | 0.7x |
| Tue, 02 Jan 2024 | zł840.0b | zł1.3t | zł90.5b | 12.9x | 9.3x | 0.7x |
| Thu, 30 Nov 2023 | zł799.3b | zł1.3t | zł91.8b | 12.3x | 8.7x | 0.6x |
| Sat, 28 Oct 2023 | zł752.6b | zł1.3t | zł93.0b | 12x | 8.1x | 0.6x |
| Mon, 25 Sep 2023 | zł717.1b | zł1.3t | zł90.4b | 12.5x | 7.9x | 0.6x |
| Wed, 23 Aug 2023 | zł740.2b | zł1.2t | zł93.8b | 12.5x | 7.9x | 0.6x |
| Fri, 21 Jul 2023 | zł781.6b | zł1.2t | zł92.8b | 13.1x | 8.4x | 0.6x |
| Sun, 18 Jun 2023 | zł748.7b | zł1.2t | zł92.9b | 12.4x | 8.1x | 0.6x |
| Tue, 16 May 2023 | zł711.4b | zł1.1t | zł88.0b | 12x | 8.1x | 0.6x |
| Thu, 13 Apr 2023 | zł676.4b | zł1.1t | zł89.0b | 11.5x | 7.6x | 0.6x |
| Sat, 11 Mar 2023 | zł669.0b | zł1.1t | zł94.7b | 11.3x | 7.1x | 0.6x |
| Mon, 06 Feb 2023 | zł686.2b | zł1.0t | zł76.7b | 10.7x | 8.9x | 0.7x |
| Wed, 04 Jan 2023 | zł663.2b | zł1.0t | zł76.8b | 10.2x | 8.6x | 0.6x |
| Fri, 02 Dec 2022 | zł645.5b | zł1.0t | zł77.3b | 10.3x | 8.4x | 0.6x |
| Sun, 30 Oct 2022 | zł565.2b | zł1.1t | zł88.3b | 9.5x | 6.4x | 0.5x |
| Tue, 27 Sep 2022 | zł546.6b | zł1.1t | zł90.4b | 9.5x | 6x | 0.5x |
| Thu, 25 Aug 2022 | zł611.0b | zł1.1t | zł95.9b | 9.6x | 6.4x | 0.6x |
| Sat, 23 Jul 2022 | zł622.0b | zł1.0t | zł88.3b | 9.8x | 7x | 0.6x |
| Mon, 20 Jun 2022 | zł614.1b | zł1.0t | zł89.2b | 9.8x | 6.9x | 0.6x |
| Wed, 18 May 2022 | zł651.5b | zł960.0b | zł82.5b | 10.4x | 7.9x | 0.7x |
| Fri, 15 Apr 2022 | zł732.2b | zł907.7b | zł77.0b | 11.2x | 9.5x | 0.8x |
| Sun, 13 Mar 2022 | zł709.1b | zł862.3b | zł65.4b | 10.8x | 10.8x | 0.8x |
| Tue, 08 Feb 2022 | zł772.2b | zł842.4b | zł60.3b | 11.7x | 12.8x | 0.9x |
| Thu, 06 Jan 2022 | zł813.9b | zł823.2b | zł56.7b | 12.2x | 14.3x | 1x |
| Sat, 04 Dec 2021 | zł775.1b | zł820.4b | zł55.9b | 11.8x | 13.9x | 0.9x |
| Mon, 01 Nov 2021 | zł841.0b | zł788.9b | zł48.4b | 13.1x | 17.4x | 1.1x |
| Wed, 29 Sep 2021 | zł800.2b | zł769.6b | zł40.8b | 12.8x | 19.6x | 1x |
| Fri, 27 Aug 2021 | zł809.4b | zł764.2b | zł39.2b | 13.5x | 20.6x | 1.1x |
| Sat, 03 Jul 2021 | zł767.9b | zł763.2b | zł39.2b | 13.6x | 19.6x | 1x |
Price to Earnings Ratio
19.6x
Current Market PE
- Investors are optimistic on the Polish market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 14.6x which is higher than its 3-year average PE of 10.6x.
Past Earnings Growth
- The earnings for Polish listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Polish Market?
| PL Market | -1.18% | |
| Consumer Staples | 2.22% | |
| Energy | 0.56% | |
| Financials | -0.53% | |
| Materials | -0.81% | |
| Utilities | -1.95% | |
| Industrials | -2.55% | |
| Telecom | -2.58% | |
| Tech | -2.80% | |
| Healthcare | -2.80% | |
| Consumer Discretionary | -2.95% | |
| Real Estate | -5.07% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 30.7x.
- Analysts are expecting annual earnings growth of 20.4%, which is lower than the prior year's growth of 93.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 3.2% 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 | Sector | |
|---|---|---|---|---|---|---|
| DNP Dino Polska | zł398.10 | 2.8% +zł1.0b | -16.6% | PE27.3x | Consumer Staples | |
| JSW Jastrzebska Spólka Weglowa | zł29.10 | 15.6% +zł460.3m | -31.3% | PS0.2x | Materials | |
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł57.30 | 0.6% +zł450.0m | 58.4% | PB1.5x | Financials | |
| PKN Orlen | zł63.45 | 0.6% +zł417.6m | -5.0% | PE5.2x | Energy | |
| BHW Bank Handlowy w Warszawie | zł105.00 | 2.5% +zł339.6m | 19.5% | PB1.3x | Financials |
