Grupa Kety (WSE:KTY) Will Pay A Smaller Dividend Than Last Year
Aug 19
Polish (WIG) Market Analysis & Valuation
UpdatedAug 22, 2024
DataAggregated Company Financials
Companies644
- 7D1.9%
- 3M-5.7%
- 1Y15.9%
- YTD3.7%
Over the last 7 days, the market has risen 1.9%, driven by gains of 2.2% in the Financials sector. The market is up 16% over the last 12 months. 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 |
|---|---|---|---|---|---|---|
| Thu, 22 Aug 2024 | zł845.5b | zł1.2t | zł58.3b | 11.8x | 14.5x | 0.7x |
| Sat, 20 Jul 2024 | zł871.2b | zł1.2t | zł58.1b | 12.2x | 15x | 0.7x |
| Mon, 17 Jun 2024 | zł852.7b | zł1.2t | zł58.3b | 12.3x | 14.6x | 0.7x |
| Wed, 15 May 2024 | zł899.5b | zł1.3t | zł66.9b | 12.2x | 13.4x | 0.7x |
| Fri, 12 Apr 2024 | zł878.5b | zł1.3t | zł78.2b | 12.4x | 11.2x | 0.7x |
| Sun, 10 Mar 2024 | zł847.3b | zł1.3t | zł85.2b | 12.6x | 9.9x | 0.7x |
| Tue, 06 Feb 2024 | zł834.9b | zł1.3t | zł90.3b | 12.8x | 9.2x | 0.7x |
| Thu, 04 Jan 2024 | zł826.7b | zł1.3t | zł90.6b | 12.7x | 9.1x | 0.6x |
| Sat, 02 Dec 2023 | zł816.8b | zł1.3t | zł92.1b | 12.3x | 8.9x | 0.6x |
| Mon, 30 Oct 2023 | zł752.6b | zł1.3t | zł94.0b | 12x | 8x | 0.6x |
| Wed, 27 Sep 2023 | zł708.7b | zł1.3t | zł90.6b | 12.2x | 7.8x | 0.6x |
| Fri, 25 Aug 2023 | zł738.3b | zł1.2t | zł91.3b | 12.5x | 8.1x | 0.6x |
| Sun, 23 Jul 2023 | zł781.0b | zł1.2t | zł92.8b | 13.2x | 8.4x | 0.6x |
| Tue, 20 Jun 2023 | zł744.4b | zł1.2t | zł92.8b | 12.8x | 8x | 0.6x |
| Thu, 18 May 2023 | zł709.9b | zł1.1t | zł88.1b | 12x | 8.1x | 0.6x |
| Sat, 15 Apr 2023 | zł686.0b | zł1.1t | zł88.6b | 11.6x | 7.7x | 0.6x |
| Mon, 13 Mar 2023 | zł669.1b | zł1.1t | zł94.5b | 11.3x | 7.1x | 0.6x |
| Wed, 08 Feb 2023 | zł675.8b | zł1.0t | zł76.7b | 10.7x | 8.8x | 0.6x |
| Fri, 06 Jan 2023 | zł673.8b | zł1.0t | zł76.8b | 10.4x | 8.8x | 0.6x |
| Sun, 04 Dec 2022 | zł637.8b | zł1.0t | zł77.7b | 10.3x | 8.2x | 0.6x |
| Tue, 01 Nov 2022 | zł576.1b | zł1.1t | zł88.3b | 9.5x | 6.5x | 0.5x |
| Thu, 29 Sep 2022 | zł548.3b | zł1.1t | zł90.5b | 9.4x | 6.1x | 0.5x |
| Sat, 27 Aug 2022 | zł605.9b | zł1.1t | zł95.3b | 9.7x | 6.4x | 0.6x |
| Mon, 25 Jul 2022 | zł629.2b | zł1.0t | zł88.5b | 9.8x | 7.1x | 0.6x |
| Wed, 22 Jun 2022 | zł629.2b | zł1.0t | zł89.1b | 9.7x | 7.1x | 0.6x |
| Fri, 20 May 2022 | zł859.2b | zł957.4b | zł81.6b | 10.3x | 10.5x | 0.9x |
| Sun, 17 Apr 2022 | zł733.7b | zł907.6b | zł76.4b | 11.2x | 9.6x | 0.8x |
| Tue, 15 Mar 2022 | zł695.3b | zł861.2b | zł65.4b | 10.7x | 10.6x | 0.8x |
| Thu, 10 Feb 2022 | zł785.3b | zł842.0b | zł58.8b | 11.6x | 13.3x | 0.9x |
| Sat, 08 Jan 2022 | zł818.2b | zł823.8b | zł57.3b | 12.3x | 14.3x | 1x |
| Mon, 06 Dec 2021 | zł775.3b | zł820.3b | zł55.9b | 11.8x | 13.9x | 0.9x |
| Wed, 03 Nov 2021 | zł843.9b | zł792.6b | zł49.0b | 13x | 17.2x | 1.1x |
| Fri, 01 Oct 2021 | zł810.2b | zł769.3b | zł43.8b | 12.8x | 18.5x | 1.1x |
| Sun, 29 Aug 2021 | zł809.4b | zł764.2b | zł39.2b | 13.5x | 20.6x | 1.1x |
Price to Earnings Ratio
20.6x
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 14.5x which is higher than its 3-year average PE of 10.4x.
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 | 1.89% | |
| Materials | 5.31% | |
| Healthcare | 3.44% | |
| Telecom | 2.47% | |
| Financials | 2.17% | |
| Consumer Discretionary | 1.68% | |
| Tech | 1.48% | |
| Energy | 1.34% | |
| Industrials | 0.59% | |
| Utilities | 0.58% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Staples | -0.13% | |
| Real Estate | -0.27% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 36.9x.
- Analysts are expecting annual earnings growth of 27.4%, which is lower than the prior year's growth of 84.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 45% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 3.3% 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 | |
|---|---|---|---|---|---|---|
| KGH KGHM Polska Miedz | zł139.85 | 11.6% +zł2.9b | 24.6% | PS0.8x | Materials | |
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł55.92 | 2.2% +zł1.5b | 51.1% | PB1.5x | Financials | |
| SPL Santander Bank Polska | zł510.40 | 3.0% +zł1.5b | 34.8% | PB1.8x | Financials | |
| PEO Bank Polska Kasa Opieki | zł158.45 | 3.2% +zł1.3b | 50.2% | PB1.5x | Financials | |
| LPP LPP | zł14.84k | 4.0% +zł1.1b | 18.5% | PE15.5x | Consumer Discretionary |
