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Polish (WIG) Software Industry Analysis

UpdatedMay 17, 2024
DataAggregated Company Financials
Companies34
  • 7D3.5%
  • 3M17.4%
  • 1Y6.1%
  • YTD12.8%

In the last week, the Software industry is up 3.7%, with Asseco Poland leading the way, up 5.5%. In the last 12 months, the industry was up 6.2%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Polish Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 May 2024zł16.5bzł19.8bzł880.8m20.1x18.7x0.8x
Sun, 14 Apr 2024zł15.5bzł19.8bzł878.9m22.1x17.7x0.8x
Tue, 12 Mar 2024zł14.6bzł20.2bzł843.1m25.3x17.4x0.7x
Thu, 08 Feb 2024zł15.2bzł20.0bzł830.9m25.6x18.3x0.8x
Sat, 06 Jan 2024zł15.4bzł20.0bzł831.1m25.7x18.6x0.8x
Mon, 04 Dec 2023zł15.6bzł20.0bzł818.0m24.9x19.1x0.8x
Wed, 01 Nov 2023zł15.8bzł20.4bzł823.4m23.4x19.2x0.8x
Fri, 29 Sep 2023zł15.9bzł20.4bzł814.7m22.7x19.5x0.8x
Sun, 27 Aug 2023zł15.9bzł20.4bzł772.7m22.9x20.5x0.8x
Tue, 25 Jul 2023zł16.8bzł20.3bzł754.3m21.6x22.3x0.8x
Thu, 22 Jun 2023zł16.2bzł20.3bzł732.9m20.9x22x0.8x
Sat, 20 May 2023zł17.1bzł19.9bzł715.8m23x23.9x0.9x
Mon, 17 Apr 2023zł15.6bzł19.5bzł684.3m20.2x22.9x0.8x
Wed, 15 Mar 2023zł15.5bzł19.5bzł705.8m21.4x21.9x0.8x
Fri, 10 Feb 2023zł16.1bzł19.4bzł686.3m17.2x23.4x0.8x
Sun, 08 Jan 2023zł14.1bzł19.4bzł686.4m15.2x20.5x0.7x
Tue, 06 Dec 2022zł14.0bzł19.4bzł692.2m16.6x20.2x0.7x
Thu, 03 Nov 2022zł13.7bzł18.3bzł681.6m17.4x20x0.7x
Sat, 01 Oct 2022zł13.5bzł18.3bzł688.4m16.9x19.5x0.7x
Mon, 29 Aug 2022zł14.2bzł17.3bzł764.2m18.5x18.6x0.8x
Wed, 27 Jul 2022zł14.0bzł17.3bzł755.0m16.3x18.5x0.8x
Fri, 24 Jun 2022zł13.7bzł17.3bzł752.9m15.9x18.2x0.8x
Sun, 22 May 2022zł14.1bzł16.5bzł750.0m16.3x18.9x0.9x
Tue, 19 Apr 2022zł15.3bzł16.5bzł737.3m20x20.7x0.9x
Thu, 17 Mar 2022zł15.6bzł15.5bzł732.1m19.5x21.3x1x
Sat, 12 Feb 2022zł16.1bzł15.5bzł732.7m17.2x22x1x
Mon, 10 Jan 2022zł17.6bzł15.5bzł735.8m18x24x1.1x
Wed, 08 Dec 2021zł18.1bzł15.5bzł811.1m15.5x22.3x1.2x
Fri, 05 Nov 2021zł19.1bzł14.9bzł773.6m16.5x24.7x1.3x
Sun, 03 Oct 2021zł17.5bzł14.8bzł766.1m16.4x22.9x1.2x
Tue, 31 Aug 2021zł17.3bzł14.8bzł759.8m16.3x22.8x1.2x
Wed, 07 Jul 2021zł15.2bzł14.8bzł745.2m15.1x20.4x1x
Price to Earnings Ratio

20.5x


Total Market Cap: zł14.1bTotal Earnings: zł687.4mTotal Revenue: zł14.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Software Industry Price to Earnings3Y Average 21.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Polish Software 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 18.7x which is lower than its 3-year average PE of 21.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 8.6% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Tech industry?

PL Market0.037%
Tech2.94%
Software3.55%
Systems Software3.60%
Application Software3.49%
Industry PE
  • Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 48.8x.
    • Analysts are expecting annual earnings growth of 14.6%, which is lower than the prior year's growth of 21.3% per year.
  • Investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 14.4x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 21% per year.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 8.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ACP Asseco Polandzł87.905.7%
+zł323.9m
-0.06%PE12.4x
VRC Vercomzł129.0011.2%
+zł287.7m
135.4%PE40.6x
WAS Waskozł1.738.2%
+zł11.9m
3.0%PS0.3x
M4B M4Bzł11.4014.0%
+zł10.4m
-12.3%PE177.7x
CLD Cloud Technologieszł71.001.4%
+zł4.5m
-13.2%PE36x
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Latest News

ACP

zł87.90

Asseco Poland

7D

5.7%

1Y

-0.06%

SHO

zł39.50

Shoper

7D

0.3%

1Y

23.4%

CLD

zł71.00

Cloud Technologies

7D

1.4%

1Y

-13.2%

WAS

zł1.73

Wasko

7D

8.2%

1Y

3.0%

IFI

zł22.80

Ifirma

7D

2.2%

1Y

-8.1%

ABS

zł59.60

Asseco Business Solutions

7D

-2.0%

1Y

50.9%

TXT

zł91.80

Text

7D

-0.6%

1Y

-34.9%

YTF

zł1.20

YetiForce

7D

-4.0%

1Y

n/a

DAT

zł58.70

DataWalk

7D

-5.5%

1Y

-13.0%

EON

zł16.90

eo Networks

7D

5.6%

1Y

-15.5%

UFC

zł0.22

Unified Factory

7D

-32.9%

1Y

-15.4%

SNG

zł0.61

Synerga.Fund

7D

-14.1%

1Y

-53.8%

MLM

zł1.30

Milisystem

7D

-13.3%

1Y

-10.3%

EMP

zł8.40

Emplocity Spolka Akcyjna

7D

-16.8%

1Y

-28.8%