Polish (WIG) Capital Markets Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies37
- 7D4.5%
- 3M31.1%
- 1Y53.7%
- YTD47.6%
In the last week, the Capital Markets industry is up 4.5%, with XTB up 6.4%. During this same period, the Polska Grupa Militarna Spólka Akcyjna underperformed, falling 10%. In the last 12 months, the industry was up 54%. Looking forward, earnings are forecast to grow by 4.2% annually.
Industry Valuation and Performance
Has the Polish Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | zł13.7b | zł3.8b | zł1.3b | 10.8x | 10.6x | 3.6x |
| Sat, 13 Apr 2024 | zł12.1b | zł3.7b | zł1.3b | 11.3x | 9.6x | 3.2x |
| Mon, 11 Mar 2024 | zł11.3b | zł3.9b | zł1.3b | 14.9x | 8.5x | 2.9x |
| Wed, 07 Feb 2024 | zł10.3b | zł3.6b | zł1.0b | 20x | 9.8x | 2.9x |
| Fri, 05 Jan 2024 | zł9.8b | zł3.3b | zł859.5m | 19.3x | 11.4x | 2.9x |
| Sun, 03 Dec 2023 | zł9.1b | zł3.4b | zł858.6m | 17.8x | 10.6x | 2.7x |
| Tue, 31 Oct 2023 | zł8.8b | zł3.4b | zł831.2m | 19.1x | 10.6x | 2.6x |
| Thu, 28 Sep 2023 | zł8.4b | zł3.5b | zł879.9m | 19.4x | 9.5x | 2.4x |
| Sat, 26 Aug 2023 | zł9.0b | zł3.5b | zł867.3m | 21.8x | 10.3x | 2.6x |
| Mon, 24 Jul 2023 | zł10.0b | zł3.7b | zł984.5m | 23x | 10.2x | 2.7x |
| Wed, 21 Jun 2023 | zł9.8b | zł3.7b | zł986.9m | 21.6x | 9.9x | 2.7x |
| Fri, 19 May 2023 | zł9.3b | zł3.7b | zł1.0b | 17x | 9.3x | 2.5x |
| Sun, 16 Apr 2023 | zł9.0b | zł3.9b | zł1.0b | 17x | 8.9x | 2.3x |
| Tue, 14 Mar 2023 | zł8.8b | zł4.0b | zł1.0b | 17.4x | 8.6x | 2.2x |
| Thu, 09 Feb 2023 | zł8.4b | zł4.0b | zł1.0b | 19x | 8.3x | 2.1x |
| Sat, 07 Jan 2023 | zł8.5b | zł4.0b | zł1.0b | 16.7x | 8.2x | 2.1x |
| Mon, 05 Dec 2022 | zł8.1b | zł4.0b | zł1.1b | 15.6x | 7.6x | 2x |
| Wed, 02 Nov 2022 | zł7.6b | zł4.0b | zł1.1b | 10.3x | 7.1x | 1.9x |
| Fri, 30 Sep 2022 | zł6.8b | zł3.8b | zł935.0m | 10.8x | 7.2x | 1.8x |
| Sun, 28 Aug 2022 | zł7.1b | zł4.0b | zł1.3b | 13.5x | 5.6x | 1.8x |
| Tue, 26 Jul 2022 | zł7.2b | zł3.9b | zł1.3b | 16.6x | 5.6x | 1.8x |
| Thu, 23 Jun 2022 | zł7.2b | zł3.9b | zł1.3b | 14.6x | 5.7x | 1.8x |
| Sat, 21 May 2022 | zł7.4b | zł3.8b | zł1.3b | 21.5x | 5.9x | 2x |
| Mon, 18 Apr 2022 | zł7.6b | zł3.4b | zł1.1b | 14.1x | 6.9x | 2.2x |
| Wed, 16 Mar 2022 | zł7.0b | zł3.5b | zł1.1b | 11.6x | 6.7x | 2x |
| Fri, 11 Feb 2022 | zł7.1b | zł2.4b | zł890.0m | 14.6x | 8x | 3x |
| Sun, 09 Jan 2022 | zł7.5b | zł2.3b | zł1.0b | 16.6x | 7.4x | 3.2x |
| Tue, 07 Dec 2021 | zł7.2b | zł2.3b | zł1.0b | 16.7x | 7.1x | 3.1x |
| Thu, 04 Nov 2021 | zł7.7b | zł2.4b | zł989.5m | 13.8x | 7.8x | 3.2x |
| Sat, 02 Oct 2021 | zł7.4b | zł2.3b | zł978.1m | 12.1x | 7.5x | 3.2x |
| Mon, 30 Aug 2021 | zł7.4b | zł2.2b | zł558.1m | 15.1x | 13.3x | 3.3x |
| Tue, 06 Jul 2021 | zł8.0b | zł2.2b | zł558.1m | 15.2x | 14.3x | 3.6x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are pessimistic on the Polish Capital Markets 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 10.6x which is lower than its 3-year average PE of 15.9x.
- The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 14% 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 industry?
| PL Market | 0.23% | |
| Financials | -4.18% | |
| Capital Markets | 4.48% | |
| Investment Banking and Brokerage | 6.12% | |
| Financial Exchanges and Data | 2.15% | |
| Asset Management | 0.79% | |
| Diversified Capital Markets | 0% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 11.0x.
- Analysts are expecting annual earnings decline of 2.7%, which is lower than the prior year's growth of 7.6% per year.
- Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 40.8x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 5.8% over the next 5 years.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings decline 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 | |
|---|---|---|---|---|---|
| XTB XTB | zł71.30 | 6.4% +zł505.5m | 82.3% | PE10.6x | |
| GPW Gielda Papierów Wartosciowych w Warszawie | zł46.90 | 2.2% +zł42.0m | 27.7% | PE12.6x | |
| MCI MCI Capital Alternatywna Spólka Inwestycyjna | zł27.40 | 1.1% +zł15.7m | 30.5% | PE8.7x | |
| KLE Grupa Klepsydra | zł11.30 | 5.6% +zł14.3m | 185.4% | PE398.7x | |
| ALI Altus | zł3.17 | 10.5% +zł12.3m | 94.5% | PE12.3x |