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May 29
Polish (WIG) Financials Sector Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies66
- 7D0.06%
- 3M-0.8%
- 1Y57.6%
- YTD12.4%
In the last week, the Financials industry is flat overall, with Powszechny Zaklad Ubezpieczen standing out by going down 6.4%. The past year has been better, since the industry has gained 58% in that time. Looking forward, earnings are forecast to grow by 7.1% annually.
Sector Valuation and Performance
Has the Polish Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | zł351.4b | zł158.7b | zł36.2b | 8.7x | 9.7x | 2.2x |
| Fri, 26 Apr 2024 | zł370.9b | zł156.0b | zł35.1b | 8.9x | 10.6x | 2.4x |
| Sun, 24 Mar 2024 | zł368.4b | zł155.6b | zł34.9b | 11x | 10.6x | 2.4x |
| Tue, 20 Feb 2024 | zł341.7b | zł156.6b | zł35.3b | 10.9x | 9.7x | 2.2x |
| Thu, 18 Jan 2024 | zł303.0b | zł154.5b | zł35.3b | 10x | 8.6x | 2x |
| Sat, 16 Dec 2023 | zł314.8b | zł154.4b | zł35.3b | 10.6x | 8.9x | 2x |
| Mon, 13 Nov 2023 | zł288.2b | zł150.2b | zł34.4b | 9.7x | 8.4x | 1.9x |
| Wed, 11 Oct 2023 | zł250.2b | zł131.1b | zł19.5b | 10.4x | 12.9x | 1.9x |
| Fri, 08 Sep 2023 | zł231.7b | zł131.3b | zł42.2b | 10.5x | 5.5x | 1.8x |
| Sun, 06 Aug 2023 | zł258.7b | zł124.8b | zł18.3b | 15x | 14.1x | 2.1x |
| Tue, 04 Jul 2023 | zł244.3b | zł123.2b | zł17.1b | 13.3x | 14.3x | 2x |
| Thu, 01 Jun 2023 | zł217.5b | zł124.6b | zł17.1b | 11.6x | 12.7x | 1.7x |
| Sat, 29 Apr 2023 | zł218.5b | zł117.8b | zł15.9b | 11.7x | 13.7x | 1.9x |
| Mon, 27 Mar 2023 | zł184.7b | zł112.5b | zł15.5b | 10x | 11.9x | 1.6x |
| Wed, 22 Feb 2023 | zł202.2b | zł112.2b | zł14.4b | 10.8x | 14x | 1.8x |
| Fri, 20 Jan 2023 | zł211.3b | zł110.7b | zł10.0b | 12.3x | 21.2x | 1.9x |
| Sun, 18 Dec 2022 | zł188.3b | zł110.6b | zł9.9b | 12x | 18.9x | 1.7x |
| Tue, 15 Nov 2022 | zł191.7b | zł109.1b | zł9.9b | 10.9x | 19.5x | 1.8x |
| Thu, 13 Oct 2022 | zł146.5b | zł113.3b | zł17.3b | 7.8x | 8.5x | 1.3x |
| Sat, 10 Sep 2022 | zł163.0b | zł112.4b | zł17.1b | 9.1x | 9.5x | 1.5x |
| Mon, 08 Aug 2022 | zł165.2b | zł112.2b | zł17.1b | 10.5x | 9.7x | 1.5x |
| Wed, 06 Jul 2022 | zł167.8b | zł107.6b | zł16.3b | 10.9x | 10.3x | 1.6x |
| Fri, 03 Jun 2022 | zł196.3b | zł107.4b | zł17.0b | 12.6x | 11.5x | 1.8x |
| Sun, 01 May 2022 | zł202.0b | zł111.5b | zł17.8b | 11.1x | 11.4x | 1.8x |
| Tue, 29 Mar 2022 | zł226.7b | zł101.0b | zł14.3b | 13x | 15.9x | 2.2x |
| Thu, 24 Feb 2022 | zł254.7b | zł93.9b | zł8.4b | 13.7x | 30.4x | 2.7x |
| Sat, 22 Jan 2022 | zł270.0b | zł91.4b | zł9.5b | 15.9x | 28.5x | 3x |
| Mon, 20 Dec 2021 | zł247.7b | zł91.4b | zł9.5b | 14.7x | 26.1x | 2.7x |
| Wed, 17 Nov 2021 | zł280.1b | zł90.6b | zł9.6b | 15.7x | 29.2x | 3.1x |
| Fri, 15 Oct 2021 | zł270.4b | zł88.9b | zł8.7b | 15.6x | 31x | 3x |
| Sun, 12 Sep 2021 | zł240.9b | zł88.8b | zł8.3b | 15.5x | 29x | 2.7x |
| Tue, 10 Aug 2021 | zł223.3b | zł88.8b | zł8.3b | 13.6x | 26.9x | 2.5x |
Price to Earnings Ratio
35.3x
Current Industry PE
- Investors are pessimistic on the Polish Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.7x which is lower than its 3-year average PE of 17.2x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 81% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Polish Financials sector?
| PL Market | -1.76% | |
| Financials | 0.056% | |
| Diversified Financial | 6.14% | |
| Banks | 1.30% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -1.39% | |
| Consumer Finance | -3.42% | |
| Insurance | -6.48% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 15.9x.
- Analysts are expecting annual earnings growth of 4.2%, which is lower than the prior year's growth of 24.2% per year.
- Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 11.7x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 9.1% over the next 5 years.
- This is better than its past earnings decline of 10% per year.
- In contrast, the Insurance industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| PEO Bank Polska Kasa Opieki | zł160.20 | 2.6% +zł1.1b | 59.4% | PB1.3x | |
| ING ING Bank Slaski | zł295.50 | 2.8% +zł1.0b | 75.7% | PB2.2x | |
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł57.94 | 1.4% +zł1.0b | 74.9% | PB1.5x | |
| MIL Bank Millennium | zł8.81 | 2.4% +zł254.8m | 90.1% | PB1.5x | |
| BHW Bank Handlowy w Warszawie | zł110.00 | 1.1% +zł156.7m | 38.5% | PB1.4x |
