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Polish (WIG) Market Analysis & Valuation
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies648
- 7D1.5%
- 3M2.9%
- 1Y18.3%
- YTD6.1%
Over the last 7 days, the market has risen 1.5%, driven by gains of 3.2% in the Financials sector. In the last year, the market has climbed 18%. 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 |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | zł865.5b | zł1.2t | zł58.2b | 12.3x | 14.9x | 0.7x |
| Fri, 17 May 2024 | zł898.6b | zł1.3t | zł67.2b | 12.4x | 13.4x | 0.7x |
| Sun, 14 Apr 2024 | zł871.7b | zł1.3t | zł78.2b | 12.4x | 11.2x | 0.7x |
| Tue, 12 Mar 2024 | zł849.0b | zł1.3t | zł84.9b | 12.6x | 10x | 0.7x |
| Thu, 08 Feb 2024 | zł839.0b | zł1.3t | zł90.4b | 12.7x | 9.3x | 0.7x |
| Sat, 06 Jan 2024 | zł822.2b | zł1.3t | zł90.6b | 12.7x | 9.1x | 0.6x |
| Mon, 04 Dec 2023 | zł816.8b | zł1.3t | zł92.0b | 12.5x | 8.9x | 0.6x |
| Wed, 01 Nov 2023 | zł766.3b | zł1.3t | zł86.7b | 11.8x | 8.8x | 0.6x |
| Fri, 29 Sep 2023 | zł693.9b | zł1.3t | zł89.3b | 12.2x | 7.8x | 0.6x |
| Sun, 27 Aug 2023 | zł734.6b | zł1.2t | zł91.7b | 12.5x | 8x | 0.6x |
| Tue, 25 Jul 2023 | zł785.3b | zł1.2t | zł92.8b | 13.2x | 8.5x | 0.6x |
| Thu, 22 Jun 2023 | zł742.7b | zł1.2t | zł92.9b | 12.7x | 8x | 0.6x |
| Sat, 20 May 2023 | zł724.4b | zł1.1t | zł88.3b | 12.2x | 8.2x | 0.6x |
| Mon, 17 Apr 2023 | zł686.0b | zł1.1t | zł88.6b | 11.6x | 7.7x | 0.6x |
| Wed, 15 Mar 2023 | zł655.7b | zł1.1t | zł94.5b | 11.2x | 6.9x | 0.6x |
| Fri, 10 Feb 2023 | zł685.8b | zł1.0t | zł78.4b | 10.7x | 8.7x | 0.7x |
| Sun, 08 Jan 2023 | zł673.8b | zł1.0t | zł76.8b | 10.4x | 8.8x | 0.6x |
| Tue, 06 Dec 2022 | zł640.7b | zł1.0t | zł77.6b | 10.4x | 8.3x | 0.6x |
| Thu, 03 Nov 2022 | zł584.6b | zł1.1t | zł88.3b | 9.5x | 6.6x | 0.5x |
| Sat, 01 Oct 2022 | zł531.3b | zł1.1t | zł90.9b | 9.3x | 5.8x | 0.5x |
| Mon, 29 Aug 2022 | zł605.9b | zł1.1t | zł95.6b | 9.7x | 6.3x | 0.6x |
| Wed, 27 Jul 2022 | zł615.8b | zł1.0t | zł88.5b | 9.7x | 7x | 0.6x |
| Fri, 24 Jun 2022 | zł610.7b | zł1.0t | zł89.3b | 9.6x | 6.8x | 0.6x |
| Sun, 22 May 2022 | zł646.3b | zł993.5b | zł84.2b | 10.4x | 7.7x | 0.7x |
| Tue, 19 Apr 2022 | zł733.6b | zł907.6b | zł76.3b | 11.2x | 9.6x | 0.8x |
| Thu, 17 Mar 2022 | zł719.9b | zł860.2b | zł65.3b | 10.9x | 11x | 0.8x |
| Sat, 12 Feb 2022 | zł776.0b | zł842.6b | zł58.9b | 11.6x | 13.2x | 0.9x |
| Mon, 10 Jan 2022 | zł818.1b | zł823.8b | zł57.3b | 12.3x | 14.3x | 1x |
| Wed, 08 Dec 2021 | zł775.8b | zł820.4b | zł55.9b | 11.8x | 13.9x | 0.9x |
| Fri, 05 Nov 2021 | zł852.4b | zł793.1b | zł49.0b | 12.9x | 17.4x | 1.1x |
| Sun, 03 Oct 2021 | zł815.4b | zł769.3b | zł43.8b | 12.8x | 18.6x | 1.1x |
| Tue, 31 Aug 2021 | zł823.4b | zł764.2b | zł39.2b | 13.7x | 21x | 1.1x |
| Wed, 07 Jul 2021 | zł767.9b | zł763.2b | zł39.2b | 13.6x | 19.6x | 1x |
Price to Earnings Ratio
19.6x
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 14.9x which is higher than its 3-year average PE of 10.6x.
Past Earnings Growth
- The earnings for Polish listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Polish Market?
| PL Market | 1.51% | |
| Energy | 3.29% | |
| Financials | 3.17% | |
| Consumer Staples | 2.88% | |
| Industrials | 1.62% | |
| Utilities | 0.25% | |
| Healthcare | 0.14% | |
| Telecom | -0.01% | |
| Materials | -0.13% | |
| Tech | -0.63% | |
| Consumer Discretionary | -1.50% | |
| Real Estate | -3.30% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 31.1x.
- Analysts are expecting annual earnings growth of 20.4%, which is lower than the prior year's growth of 84.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 3.2% 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 | zł59.24 | 5.4% +zł3.8b | 66.7% | PB1.6x | Financials | |
| PKN Orlen | zł64.37 | 3.4% +zł2.4b | -3.3% | PE5.3x | Energy | |
| SPL Santander Bank Polska | zł504.60 | 3.0% +zł1.5b | 32.0% | PB1.6x | Financials | |
| PZU Powszechny Zaklad Ubezpieczen | zł49.80 | 3.6% +zł1.5b | 22.6% | PE8.7x | Financials | |
| PEO Bank Polska Kasa Opieki | zł158.10 | 2.8% +zł1.1b | 44.4% | PB1.3x | Financials |
