Comp S.A. (WSE:CMP) Soars 35% But It's A Story Of Risk Vs Reward
May 28
Polish (WIG) IT Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies30
- 7D1.3%
- 3M8.6%
- 1Y30.7%
- YTD15.1%
In the last week, the IT industry is up 1.8%, with Comarch leading the way with a 1.6% gain. This takes the industry's 12 month performance to a gain of 31%. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Polish IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | zł8.4b | zł7.4b | zł430.6m | 15.1x | 19.4x | 1.1x |
| Fri, 26 Apr 2024 | zł8.0b | zł7.4b | zł422.7m | 12.8x | 18.9x | 1.1x |
| Sun, 24 Mar 2024 | zł8.1b | zł7.3b | zł408.7m | 12x | 19.9x | 1.1x |
| Tue, 20 Feb 2024 | zł7.9b | zł7.2b | zł414.4m | 13.1x | 19x | 1.1x |
| Thu, 18 Jan 2024 | zł7.6b | zł7.3b | zł413.2m | 13.2x | 18.5x | 1.1x |
| Sat, 16 Dec 2023 | zł6.9b | zł7.2b | zł413.1m | 12.3x | 16.7x | 1x |
| Mon, 13 Nov 2023 | zł6.4b | zł7.3b | zł407.8m | 17.7x | 15.7x | 0.9x |
| Wed, 11 Oct 2023 | zł5.8b | zł7.3b | zł395.2m | 17.7x | 14.7x | 0.8x |
| Fri, 08 Sep 2023 | zł6.0b | zł7.3b | zł361.8m | 15.9x | 16.5x | 0.8x |
| Sun, 06 Aug 2023 | zł6.3b | zł7.1b | zł388.5m | 20.1x | 16.2x | 0.9x |
| Tue, 04 Jul 2023 | zł6.2b | zł7.1b | zł405.7m | 17.7x | 15.4x | 0.9x |
| Thu, 01 Jun 2023 | zł6.2b | zł6.9b | zł390.3m | 15.2x | 16x | 0.9x |
| Sat, 29 Apr 2023 | zł6.7b | zł6.8b | zł388.3m | 21.7x | 17.3x | 1x |
| Mon, 27 Mar 2023 | zł6.1b | zł6.7b | zł377.2m | 20.7x | 16.1x | 0.9x |
| Wed, 22 Feb 2023 | zł6.2b | zł6.6b | zł390.7m | 18.8x | 15.8x | 0.9x |
| Fri, 20 Jan 2023 | zł6.2b | zł6.5b | zł383.9m | 22.4x | 16.1x | 0.9x |
| Sun, 18 Dec 2022 | zł5.9b | zł6.5b | zł383.7m | 19.9x | 15.4x | 0.9x |
| Tue, 15 Nov 2022 | zł5.4b | zł6.3b | zł389.8m | 15.6x | 14x | 0.9x |
| Thu, 13 Oct 2022 | zł5.3b | zł6.2b | zł382.9m | 14.9x | 14x | 0.9x |
| Sat, 10 Sep 2022 | zł5.8b | zł6.2b | zł401.8m | 15.9x | 14.4x | 0.9x |
| Mon, 08 Aug 2022 | zł5.8b | zł5.9b | zł668.6m | 15.6x | 8.7x | 1x |
| Wed, 06 Jul 2022 | zł5.3b | zł5.8b | zł667.2m | 19.5x | 8x | 0.9x |
| Fri, 03 Jun 2022 | zł5.7b | zł5.8b | zł662.7m | 19.7x | 8.6x | 1x |
| Sun, 01 May 2022 | zł5.7b | zł5.7b | zł664.3m | 16.6x | 8.6x | 1x |
| Tue, 29 Mar 2022 | zł6.2b | zł5.8b | zł710.6m | 16.7x | 8.7x | 1.1x |
| Thu, 24 Feb 2022 | zł6.0b | zł5.8b | zł735.5m | 16x | 8.2x | 1x |
| Sat, 22 Jan 2022 | zł6.5b | zł5.7b | zł724.4m | 15.5x | 9x | 1.2x |
| Mon, 20 Dec 2021 | zł6.2b | zł5.6b | zł720.2m | 15.3x | 8.6x | 1.1x |
| Wed, 17 Nov 2021 | zł6.2b | zł5.6b | zł724.8m | 16.1x | 8.5x | 1.1x |
| Fri, 15 Oct 2021 | zł6.5b | zł5.6b | zł722.4m | 14.4x | 9x | 1.2x |
| Sun, 12 Sep 2021 | zł6.1b | zł5.6b | zł450.0m | 16.8x | 13.6x | 1.1x |
| Tue, 10 Aug 2021 | zł6.4b | zł5.6b | zł452.9m | 15.5x | 14x | 1.1x |
Price to Earnings Ratio
15.1x
Current Industry PE
- Investors are optimistic on the Polish IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.4x which is higher than its 3-year average PE of 13.7x.
- The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the IT industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Polish Tech industry?
| PL Market | -1.76% | |
| Tech | -1.36% | |
| IT | 1.31% | |
| IT Consulting | 1.32% | |
| Data Processing Services | 0% | |
| Internet Services and Infrastructure | -1.77% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 43.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.4x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings growth rate of 2.5% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| CMR Comarch | zł257.00 | 1.6% +zł32.5m | 76.0% | PE21x | |
| ASE Asseco South Eastern Europe | zł51.20 | 1.2% +zł31.1m | 2.0% | PE13.1x | |
| SGN Sygnity | zł63.40 | 1.9% +zł27.3m | 81.1% | PE36.1x | |
| CMP Comp | zł106.50 | 3.4% +zł15.3m | 81.1% | PE14.1x | |
| SWM Software Mansion Spolka Akcyjna | zł29.00 | 3.9% +zł11.4m | n/a | n/a |
