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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 pullback of 2.9% in the Consumer Discretionary sector. In the last year, the market is actually up 15%. As for the next few years, earnings are expected to grow by 15% per annum.
Market Valuation and Performance
Has the Polish Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Jun 2024 | zł852.7b | zł1.2t | zł58.4b | 12.3x | 14.6x | 0.7x |
| Tue, 14 May 2024 | zł896.1b | zł1.3t | zł66.9b | 12x | 13.4x | 0.7x |
| Thu, 11 Apr 2024 | zł888.2b | zł1.3t | zł78.3b | 12.4x | 11.3x | 0.7x |
| Sat, 09 Mar 2024 | zł847.3b | zł1.3t | zł85.3b | 12.6x | 9.9x | 0.7x |
| Mon, 05 Feb 2024 | zł853.4b | zł1.3t | zł91.3b | 13x | 9.3x | 0.7x |
| Wed, 03 Jan 2024 | zł830.9b | zł1.3t | zł90.6b | 12.8x | 9.2x | 0.6x |
| Fri, 01 Dec 2023 | zł796.8b | zł1.3t | zł91.8b | 12.3x | 8.7x | 0.6x |
| Sun, 29 Oct 2023 | zł752.6b | zł1.3t | zł94.0b | 12x | 8x | 0.6x |
| Tue, 26 Sep 2023 | zł709.5b | zł1.3t | zł90.6b | 12.5x | 7.8x | 0.6x |
| Thu, 24 Aug 2023 | zł739.1b | zł1.2t | zł91.3b | 12.5x | 8.1x | 0.6x |
| Sat, 22 Jul 2023 | zł781.0b | zł1.2t | zł92.8b | 13.2x | 8.4x | 0.6x |
| Mon, 19 Jun 2023 | zł748.7b | zł1.2t | zł92.9b | 12.5x | 8.1x | 0.6x |
| Wed, 17 May 2023 | zł714.3b | zł1.1t | zł88.1b | 12x | 8.1x | 0.6x |
| Fri, 14 Apr 2023 | zł683.0b | zł1.1t | zł88.7b | 11.5x | 7.7x | 0.6x |
| Sun, 12 Mar 2023 | zł669.1b | zł1.1t | zł94.5b | 11.3x | 7.1x | 0.6x |
| Tue, 07 Feb 2023 | zł674.9b | zł1.0t | zł76.8b | 10.6x | 8.8x | 0.6x |
| Thu, 05 Jan 2023 | zł673.8b | zł1.0t | zł76.8b | 10.2x | 8.8x | 0.6x |
| Sat, 03 Dec 2022 | zł637.8b | zł1.0t | zł77.7b | 10.4x | 8.2x | 0.6x |
| Mon, 31 Oct 2022 | zł565.2b | zł1.1t | zł88.3b | 9.5x | 6.4x | 0.5x |
| Wed, 28 Sep 2022 | zł553.8b | zł1.1t | zł90.5b | 9.4x | 6.1x | 0.5x |
| Fri, 26 Aug 2022 | zł614.9b | zł1.1t | zł95.8b | 9.7x | 6.4x | 0.6x |
| Sun, 24 Jul 2022 | zł629.2b | zł1.0t | zł88.5b | 9.8x | 7.1x | 0.6x |
| Tue, 21 Jun 2022 | zł617.7b | zł1.0t | zł89.2b | 9.7x | 6.9x | 0.6x |
| Thu, 19 May 2022 | zł883.7b | zł960.1b | zł82.5b | 10.7x | 10.7x | 0.9x |
| Sat, 16 Apr 2022 | zł733.7b | zł908.5b | zł77.0b | 11.2x | 9.5x | 0.8x |
| Mon, 14 Mar 2022 | zł709.1b | zł862.3b | zł65.5b | 10.8x | 10.8x | 0.8x |
| Wed, 09 Feb 2022 | zł781.6b | zł842.5b | zł60.3b | 11.6x | 13x | 0.9x |
| Fri, 07 Jan 2022 | zł815.1b | zł823.0b | zł56.7b | 12.2x | 14.4x | 1x |
| Sun, 05 Dec 2021 | zł775.3b | zł820.3b | zł55.9b | 11.8x | 13.9x | 0.9x |
| Tue, 02 Nov 2021 | zł841.2b | zł792.7b | zł49.0b | 13.2x | 17.2x | 1.1x |
| Thu, 30 Sep 2021 | zł804.9b | zł769.7b | zł43.8b | 12.8x | 18.4x | 1x |
| Sat, 28 Aug 2021 | zł809.4b | zł764.2b | zł39.2b | 13.5x | 20.6x | 1.1x |
| Sun, 04 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 |
