We Think You Can Look Beyond Orlen's (WSE:PKN) Lackluster Earnings
Nov 24
Have your own idea? Try our Stock Screener
Polish (WIG) Market Analysis & Valuation
UpdatedNov 30, 2024
DataAggregated Company Financials
Companies645
- 7D-0.4%
- 3M-8.2%
- 1Y-2.4%
- YTD-4.1%
In the last week, the market has been flat. Similarly, the market is flat for the past 12 months. 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, 30 Nov 2024 | zł803.3b | zł1.2t | zł45.1b | 11.3x | 17.8x | 0.7x |
| Mon, 28 Oct 2024 | zł819.5b | zł1.2t | zł53.6b | 11.7x | 15.3x | 0.7x |
| Wed, 25 Sep 2024 | zł826.4b | zł1.2t | zł54.1b | 11.8x | 15.3x | 0.7x |
| Fri, 23 Aug 2024 | zł845.4b | zł1.2t | zł59.0b | 11.7x | 14.3x | 0.7x |
| Sun, 21 Jul 2024 | zł871.2b | zł1.2t | zł58.1b | 12.2x | 15x | 0.7x |
| Tue, 18 Jun 2024 | zł865.8b | zł1.2t | zł58.3b | 12.4x | 14.9x | 0.7x |
| Thu, 16 May 2024 | zł896.4b | zł1.3t | zł67.0b | 12.2x | 13.4x | 0.7x |
| Sat, 13 Apr 2024 | zł871.7b | zł1.3t | zł78.2b | 12.4x | 11.2x | 0.7x |
| Mon, 11 Mar 2024 | zł847.3b | zł1.3t | zł85.2b | 12.6x | 9.9x | 0.7x |
| Wed, 07 Feb 2024 | zł835.8b | zł1.3t | zł90.4b | 12.8x | 9.2x | 0.7x |
| Fri, 05 Jan 2024 | zł824.5b | zł1.3t | zł90.6b | 12.6x | 9.1x | 0.6x |
| Sun, 03 Dec 2023 | zł816.8b | zł1.3t | zł92.0b | 12.5x | 8.9x | 0.6x |
| Tue, 31 Oct 2023 | zł760.7b | zł1.3t | zł94.0b | 11.9x | 8.1x | 0.6x |
| Thu, 28 Sep 2023 | zł700.2b | zł1.3t | zł90.6b | 12.2x | 7.7x | 0.6x |
| Sat, 26 Aug 2023 | zł734.6b | zł1.2t | zł91.9b | 12.6x | 8x | 0.6x |
| Mon, 24 Jul 2023 | zł781.0b | zł1.2t | zł92.8b | 13.2x | 8.4x | 0.6x |
| Wed, 21 Jun 2023 | zł740.3b | zł1.2t | zł92.8b | 12.7x | 8x | 0.6x |
| Fri, 19 May 2023 | zł709.9b | zł1.1t | zł88.3b | 12x | 8x | 0.6x |
| Sun, 16 Apr 2023 | zł686.0b | zł1.1t | zł88.6b | 11.6x | 7.7x | 0.6x |
| Tue, 14 Mar 2023 | zł653.6b | zł1.1t | zł94.5b | 11.2x | 6.9x | 0.6x |
| Thu, 09 Feb 2023 | zł681.9b | zł1.0t | zł78.4b | 10.7x | 8.7x | 0.7x |
| Sat, 07 Jan 2023 | zł673.8b | zł1.0t | zł76.8b | 10.4x | 8.8x | 0.6x |
| Mon, 05 Dec 2022 | zł637.8b | zł1.0t | zł77.6b | 10.4x | 8.2x | 0.6x |
| Wed, 02 Nov 2022 | zł576.1b | zł1.1t | zł88.3b | 9.5x | 6.5x | 0.5x |
| Fri, 30 Sep 2022 | zł529.8b | zł1.1t | zł91.1b | 9.5x | 5.8x | 0.5x |
| Sun, 28 Aug 2022 | zł605.9b | zł1.1t | zł95.3b | 9.7x | 6.4x | 0.6x |
| Tue, 26 Jul 2022 | zł625.5b | zł1.0t | zł88.4b | 9.8x | 7.1x | 0.6x |
| Thu, 23 Jun 2022 | zł618.2b | zł1.0t | zł89.2b | 9.7x | 6.9x | 0.6x |
| Sat, 21 May 2022 | zł861.7b | zł993.2b | zł84.2b | 10.3x | 10.2x | 0.9x |
| Mon, 18 Apr 2022 | zł733.7b | zł907.6b | zł76.3b | 11.2x | 9.6x | 0.8x |
| Wed, 16 Mar 2022 | zł701.0b | zł861.2b | zł65.4b | 10.9x | 10.7x | 0.8x |
| Fri, 11 Feb 2022 | zł779.7b | zł841.9b | zł58.8b | 11.6x | 13.3x | 0.9x |
| Sun, 09 Jan 2022 | zł818.1b | zł823.8b | zł57.3b | 12.3x | 14.3x | 1x |
| Tue, 07 Dec 2021 | zł775.8b | zł820.4b | zł55.9b | 11.8x | 13.9x | 0.9x |
Price to Earnings Ratio
13.9x
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 17.8x which is higher than its 3-year average PE of 10.1x.
Past Earnings Growth
- The earnings for Polish listed companies have declined 6.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% 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.
Sector Trends
Which sectors have driven the changes within the Polish Market?
| PL Market | -0.39% | |
| Telecom | 2.18% | |
| Tech | 1.93% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Discretionary | -0.12% | |
| Consumer Staples | -0.19% | |
| Financials | -0.44% | |
| Industrials | -0.55% | |
| Materials | -1.42% | |
| Healthcare | -1.52% | |
| Energy | -1.52% | |
| Utilities | -1.63% | |
| Real Estate | -2.26% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 51.2x.
- Analysts are expecting annual earnings growth of 2.7%, which is lower than the prior year's growth of 33.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 56% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Healthcare sector is expected to see its earnings grow by 2.7% 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 | |
|---|---|---|---|---|---|---|
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł55.90 | 2.8% +zł1.9b | 12.8% | PB1.4x | Financials | |
| ZAB Zabka Group | zł19.30 | 4.9% +zł900.0m | n/a | n/a | Consumer Staples | |
| PZU Powszechny Zaklad Ubezpieczen | zł44.20 | 2.0% +zł759.9m | -5.4% | PE7.7x | Financials | |
| CDR CD Projekt | zł167.20 | 3.9% +zł634.4m | 50.6% | PE38x | Telecom | |
| LPP LPP | zł15.66k | 1.9% +zł538.2m | 0.4% | PE16.3x | Consumer Discretionary |
