Is There An Opportunity With Globe Trade Centre S.A.'s (WSE:GTC) 36% Undervaluation?
Sep 30
Have your own idea? Try our Stock Screener
Polish (WIG) Market Analysis & Valuation
UpdatedOct 02, 2024
DataAggregated Company Financials
Companies636
- 7D-0.7%
- 3M-8.0%
- 1Y21.6%
- YTD0.5%
The Real Estate sector gained 3.9% while the market remained flat over the last week. More promisingly, the market is up 22% over the past 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 |
|---|---|---|---|---|---|---|
| Thu, 03 Oct 2024 | zł820.3b | zł1.2t | zł53.7b | 12x | 15.3x | 0.7x |
| Sat, 31 Aug 2024 | zł853.3b | zł1.2t | zł55.1b | 11.8x | 15.5x | 0.7x |
| Mon, 29 Jul 2024 | zł849.1b | zł1.2t | zł57.8b | 11.9x | 14.7x | 0.7x |
| Wed, 26 Jun 2024 | zł892.1b | zł1.2t | zł58.2b | 12.4x | 15.3x | 0.7x |
| Fri, 24 May 2024 | zł898.0b | zł1.2t | zł59.0b | 12.5x | 15.2x | 0.7x |
| Sun, 21 Apr 2024 | zł868.0b | zł1.3t | zł78.0b | 12x | 11.1x | 0.7x |
| Tue, 19 Mar 2024 | zł846.2b | zł1.3t | zł84.5b | 12.5x | 10x | 0.7x |
| Thu, 15 Feb 2024 | zł836.7b | zł1.3t | zł89.7b | 12.9x | 9.3x | 0.7x |
| Sat, 13 Jan 2024 | zł818.3b | zł1.3t | zł90.6b | 12.8x | 9x | 0.6x |
| Mon, 11 Dec 2023 | zł827.0b | zł1.3t | zł91.6b | 12.4x | 9x | 0.6x |
| Wed, 08 Nov 2023 | zł775.8b | zł1.3t | zł86.2b | 12.2x | 9x | 0.6x |
| Fri, 06 Oct 2023 | zł692.3b | zł1.3t | zł87.9b | 11.9x | 7.9x | 0.6x |
| Sun, 03 Sep 2023 | zł747.4b | zł1.2t | zł114.6b | 12.8x | 6.5x | 0.6x |
| Tue, 01 Aug 2023 | zł789.0b | zł1.2t | zł93.4b | 13x | 8.4x | 0.6x |
| Thu, 29 Jun 2023 | zł734.8b | zł1.2t | zł92.8b | 12.7x | 7.9x | 0.6x |
| Sat, 27 May 2023 | zł720.9b | zł1.2t | zł91.7b | 11.9x | 7.9x | 0.6x |
| Mon, 24 Apr 2023 | zł696.8b | zł1.2t | zł90.9b | 11.8x | 7.7x | 0.6x |
| Wed, 22 Mar 2023 | zł592.9b | zł1.1t | zł96.2b | 11.2x | 6.2x | 0.6x |
| Fri, 17 Feb 2023 | zł677.3b | zł1.0t | zł80.9b | 10.9x | 8.4x | 0.6x |
| Sun, 15 Jan 2023 | zł690.5b | zł1.0t | zł76.8b | 10.2x | 9x | 0.7x |
| Tue, 13 Dec 2022 | zł639.9b | zł1.0t | zł77.2b | 10.1x | 8.3x | 0.6x |
| Thu, 10 Nov 2022 | zł585.3b | zł974.8b | zł77.8b | 9.7x | 7.5x | 0.6x |
| Sat, 08 Oct 2022 | zł535.2b | zł1.1t | zł90.8b | 9.3x | 5.9x | 0.5x |
| Mon, 05 Sep 2022 | zł577.3b | zł1.1t | zł89.4b | 9.6x | 6.5x | 0.5x |
| Wed, 03 Aug 2022 | zł638.1b | zł1.0t | zł89.4b | 9.9x | 7.1x | 0.6x |
| Fri, 01 Jul 2022 | zł623.2b | zł1.0t | zł89.2b | 9.7x | 7x | 0.6x |
| Sun, 29 May 2022 | zł654.5b | zł1.0t | zł86.5b | 10x | 7.6x | 0.6x |
| Tue, 26 Apr 2022 | zł687.6b | zł912.9b | zł77.3b | 11x | 8.9x | 0.8x |
| Thu, 24 Mar 2022 | zł740.2b | zł862.1b | zł67.2b | 11x | 11x | 0.9x |
| Sat, 19 Feb 2022 | zł754.2b | zł846.0b | zł59.1b | 11.3x | 12.8x | 0.9x |
| Mon, 17 Jan 2022 | zł832.7b | zł823.3b | zł57.2b | 12.3x | 14.6x | 1x |
| Wed, 15 Dec 2021 | zł782.1b | zł822.0b | zł56.3b | 11.7x | 13.9x | 1x |
| Fri, 12 Nov 2021 | zł832.8b | zł798.6b | zł53.8b | 12.7x | 15.5x | 1x |
| Sun, 10 Oct 2021 | zł841.0b | zł775.3b | zł45.0b | 12.6x | 18.7x | 1.1x |
Price to Earnings Ratio
18.7x
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 15.3x which is higher than its 3-year average PE of 10.2x.
Past Earnings Growth
- The earnings for Polish listed companies have grown 6.1% per year over the last three years.
- Revenues for these companies have grown 16% 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 | -0.74% | |
| Real Estate | 3.91% | |
| Consumer Discretionary | 3.32% | |
| Materials | 2.55% | |
| Healthcare | 1.45% | |
| Consumer Staples | 1.23% | |
| Tech | 0.038% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Energy | -0.65% | |
| Utilities | -0.88% | |
| Industrials | -1.17% | |
| Telecom | -1.56% | |
| Financials | -3.26% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 40.5x.
- Analysts are expecting annual earnings growth of 31.9%, which is lower than the prior year's growth of 53.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 47% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 6.5% 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 | |
|---|---|---|---|---|---|---|
| LPP LPP | zł16.07k | 7.1% +zł2.0b | 31.0% | PE16.8x | Consumer Discretionary | |
| PKN Orlen | zł58.60 | 2.5% +zł1.7b | 2.4% | PE8.5x | Energy | |
| KGH KGHM Polska Miedz | zł163.35 | 4.7% +zł1.5b | 53.0% | PS1x | Materials | |
| JSW Jastrzebska Spólka Weglowa | zł26.55 | 11.8% +zł329.9m | -39.5% | PS0.2x | Materials | |
| PCO Pepco Group | zł19.60 | 2.1% +zł230.4m | 5.9% | PE22x | Consumer Discretionary |
