Kalkulacja wyceny (mln)
Wartość firmy (EV)	-
Dług netto	-
Gotówka	-
Udziały mniejszościowe	-
Ilość akcji	-
Wartość godziwa firmy	-
Wartość godziwa akcji	Brak danych

Kalkulacja WACC - koszt kapitału
Stopa wolna od ryzyka	-
Premia rynkowa	-
Beta	-
Udział kapitału własnego	-
Udział długu	-
Koszt kapitału własnego	-
Koszt długu	-
WACC	-

Brak modelowania Monte Carlo

Metoda mnożnikowa – opiera się na porównaniu mnożników firm z branży, w której działa wyceniana spółka (np. EV/EBITDA, P/E, P/BV). Metoda ta bardzo dobrze odzwierciedla bieżący stan rynku, wymaga mniejszej liczby założeń oraz jest prostsza w zastosowaniu. Do jej wad można zaliczyć dużą podatność wyceny na zmienność cen porównywanych spółek, subiektywny dobór porównywalnych firm oraz uproszczenie obrazu spółki prowadzące do pominięcia bardzo istotnych parametrów (np. przewaga konkurencyjna, tempo wzrostu, poziom rentowności, strukturę zadłużenia).

	EV/EBITDA TTM	P/E TTM	P/B TTM
Mediana dla branży	6.3	14.8	1.3
TASCO Bhd	2.3	15.6	0.6
Mediana / TASCO Bhd	2.7	0.9	2.1

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Pozostałe spółki z branży Integrated Freight & Logistics

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
S.F. Holding Co., Ltd.	002352.SZ	33,949	10.1	23.6	2.6	Shenzhen
Hyundai Glovis Co., Ltd.	086280.KS	7,535	3.8	9.4	1.2	KSE
Sebang Co., Ltd	004360.KS	228	2.4	3.8	0.3	KSE
Hubei Three Gorges Tourism Group Co., Ltd.	002627.SZ	516	24.1	30.8	1.2	Shenzhen
J.B. Hunt Transport Services, Inc.	0J71.L	14,341	8.1	25.7	3.7	London Stock Exchange
GDEX Berhad	0078.KL	209	21.1	-58.2	1.9	Kuala Lumpur
Kerry Logistics Network Limited	0636.HK	1,721	2.0	8.7	0.8	HKSE
STO Express Co., Ltd.	002468.SZ	2,286	2.9	14.5	1.6	Shenzhen
YUNDA Holding Co., Ltd.	002120.SZ	2,698	5.4	10.7	0.9	Shenzhen
Shenzhen Prolto Supply Chain Management Co.,Ltd.	002769.SZ	490	-593.3	-112.7	3.0	Shenzhen
CJ Logistics Corporation	000120.KS	1,306	-1.3	7.2	0.5	KSE
Xinjiang Tianshun Supply Chain Co., Ltd.	002800.SZ	304	90.6	314.1	4.2	Shenzhen
Guangdong Jushen Logistics Co., Ltd.	001202.SZ	232	10.8	23.0	2.3	Shenzhen
Sinotrans Limited	0598.HK	4,633	6.1	6.6	0.7	HKSE
KCTC Co. Ltd	009070.KS	92	-1.7	6.2	0.5	KSE
CITIC Offshore Helicopter Co., Ltd.	000099.SZ	2,275	31.3	53.3	3.1	Shenzhen
Sebang Co., Ltd	004365.KS	239	2.4	3.8	0.3	KSE
Shenzhen Easttop Supply Chain Management Co., Ltd.	002889.SZ	758	18.6	21.2	1.6	Shenzhen
Dongbang Transport Logistics Co., Ltd.	004140.KS	94	-0.9	7.2	0.9	KSE
Hanjin Transportation Co., Ltd.	002320.KS	216	-5.4	-68.8	0.2	KSE
Hanjin Kal	18064K.KS	6,461	26.8	5.0	0.8	KSE
ZTO Express (Cayman) Inc.	2057.HK	13,769	7.6	10.9	1.6	HKSE
Hanjin Kal	180640.KS	6,155	25.1	16.5	2.6	KSE
Intergis Co., Ltd	129260.KS	57	0.3	5.9	0.3	KSE
Chinese Maritime Transport Ltd.	2612.TW	300	0.2	8.7	0.6	Taiwan
LC Logistics Inc	2490.HK	686	47.2	12.4	3.3	HKSE
J&T Global Express Ltd	1519.HK	7,581	15.6	75.7	2.7	HKSE
Changan Minsheng APLL Logistics Co., Ltd.	1292.HK	62	6.7	7.4	0.2	HKSE
Infinity Logistics and Transport Ventures Limited	1442.HK	88	2.7	12.6	1.0	HKSE
Soonest Express Co., Ltd.	2643.TWO	84	7.1	10.7	1.3	Taipei Exchange
Taiwan Pelican Express Co., Ltd.	2642.TW	83	6.5	-33.3	1.2	Taiwan
CN Logistics International Holdings Limited	2130.HK	130	6.0	31.3	2.0	HKSE
T3EX Global Holdings Corp.	2636.TW	334	4.6	7.5	1.0	Taiwan
Guangdong Yueyun Transportation Company Limited	3399.HK	157	-1.1	4.9	0.6	HKSE
SBS Holdings, Inc.	2384.T	764	1.0	19.2	1.3	Tokyo
FAR Intl Hldg Grp Co Ltd	2516.HK	81	1.4	8.3	0.8	HKSE
JD Logistics, Inc.	2618.HK	10,417	7.6	12.0	1.3	HKSE
YTO Express (International) Holdings Limited	6123.HK	59	-61.4	-11.3	0.4	HKSE
Shanghai Zhonggu Logistics Co., Ltd.	603565.SS	2,829	6.7	10.2	1.7	Shanghai
Swift Haulage Berhad	5303.KL	84	-2.6	9.0	0.5	Kuala Lumpur
Guangzhou Jiacheng International Logistics Co.,Ltd.	603535.SS	743	15.1	17.9	1.4	Shanghai
Sinotrans Limited	601598.SS	4,650	6.0	9.5	0.9	Shanghai
Hextar Technologies Solutions Berhad	5136.KL	549	-102.0	-95.5	25.1	Kuala Lumpur
Eastern Air Logistics Co., Ltd.	601156.SS	2,876	4.7	7.9	1.2	Shanghai
Shanghai Shine-Link International Logistics Co., Ltd.	603648.SS	540	18.1	31.7	2.1	Shanghai
CCS Supply Chain Management Co., Ltd.	600180.SS	666	6.9	-1,716.4	0.6	Shanghai
Antong Holdings Co., Ltd.	600179.SS	2,392	16.2	14.7	1.1	Shanghai
SAL Saudi Logistics Services Co	4263.SR	3,860	17.4	21.6	10.2	Saudi
YTO Express Group Co.,Ltd.	600233.SS	6,114	7.5	11.4	1.4	Shanghai
Milkyway Chemical Supply Chain Service Co., Ltd.	603713.SS	1,145	4.8	14.8	1.9	Shanghai
TASCO Bhd	5140.KL	93	2.2	15.1	0.6	Kuala Lumpur
Y.U.D.Yangtze River Investment Industry Co.,Ltd.	600119.SS	394	-38.1	-35.7	20.3	Shanghai
Huaihe Energy (Group) Co.,Ltd	600575.SS	1,902	8.8	16.4	1.1	Shanghai
Sea & Land Integrated Corp.	5603.TWO	73	8.1	19.7	1.1	Taipei Exchange
Bondex Supply Chain Management Co., Ltd.	603836.SS	384	19.4	61.2	1.4	Shanghai
China Master Logistics Co., Ltd.	603967.SS	535	8.8	14.8	1.6	Shanghai
CTS International Logistics Corporation Limited	603128.SS	1,126	12.4	16.4	1.3	Shanghai
Orient International Enterprise, Ltd.	600278.SS	851	22.3	31.1	0.9	Shanghai
Xiamen Xiangyu Co., Ltd.	600057.SS	2,629	2.4	13.9	0.7	Shanghai
CMST Development Co.,Ltd.	600787.SS	1,749	23.6	64.4	0.9	Shanghai
Shinki Bus Co.,Ltd.	9083.T	147	4.2	8.6	0.4	Tokyo
Nippon Express Holdings,Inc.	9147.T	5,014	0.3	22.6	0.9	Tokyo
Nissin Corporation	9066.T	821	6.9	10.9	1.4	Tokyo
AIT Corporation	9381.T	284	11.0	13.4	2.2	Tokyo
NIKKON Holdings Co.,Ltd.	9072.T	2,680	8.5	24.0	1.6	Tokyo
The Shibusawa Warehouse Co., Ltd.	9304.T	404	5.2	12.0	0.9	Tokyo
NANSO Transport Co.,Ltd.	9034.T	84	2.6	9.2	0.6	Tokyo
Worldgate Global Logistics Ltd	8292.HK	52	-29.9	-29.5	7.3	HKSE
Japan Transcity Corporation	9310.T	459	4.1	10.9	0.7	Tokyo
Sankyu Inc.	9065.T	2,809	5.6	13.2	1.4	Tokyo
Konoike Transport Co., Ltd.	9025.T	1,065	5.8	11.0	1.0	Tokyo
Naigai Trans Line Ltd.	9384.T	273	12.0	13.0	1.8	Tokyo
Toyo Wharf & Warehouse Co., Ltd.	9351.T	69	-0.4	8.9	0.4	Tokyo
K.R.S. Corporation	9369.T	496	2.4	26.4	1.6	Tokyo
The Sumitomo Warehouse Co., Ltd.	9303.T	1,583	5.3	11.3	0.9	Tokyo
Hamakyorex Co., Ltd.	9037.T	713	4.5	11.3	1.1	Tokyo
Higashi Twenty One Co., Ltd.	9029.T	143	4.2	11.7	1.6	Tokyo
Inui Global Logistics Co., Ltd.	9308.T	209	2.6	6.0	0.8	Tokyo
Meiji Shipping Co., Ltd.	9115.T	160	-3.0	8.2	0.5	Tokyo
Toyo Logistics Co., Ltd.	9306.T	85	1.1	8.2	0.5	Tokyo
Jiayou International Logistics Co.,Ltd	603871.SS	1,899	8.7	7.8	1.6	Shanghai
SG Holdings Co.,Ltd.	9143.T	7,082	7.2	17.5	1.8	Tokyo
MITSUI-SOKO HOLDINGS Co., Ltd.	9302.T	2,014	8.2	3.2	0.3	Tokyo
Kamigumi Co., Ltd.	9364.T	2,803	8.6	14.9	1.1	Tokyo
Maruwa Unyu Kikan Co.,Ltd.	9090.T	959	9.4	21.3	2.7	Tokyo
Maruzen Showa Unyu Co., Ltd.	9068.T	981	6.2	14.3	1.1	Tokyo
Mitsubishi Logistics Corporation	9301.T	2,903	7.6	13.5	1.1	Tokyo
Allcargo Gati Limited	ACLGATI.BO	117	23.4	80.4	1.2	Bombay Stock Exchange
Trancom Co., Ltd.	9058.T	655	12.8	21.7	1.8	Tokyo
The Keihin Co., Ltd.	9312.T	114	4.1	7.5	0.5	Tokyo
Being Holdings Co., Ltd.	9145.T	131	5.4	12.5	2.7	Tokyo
Allcargo Gati Limited	ACLGATI.NS	117	23.4	80.4	1.2	National Stock Exchange of India
Tonami Holdings Co., Ltd.	9070.T	637	7.0	26.4	1.0	Tokyo
SENKO Group Holdings Co., Ltd.	9069.T	2,272	1.2	17.6	1.5	Tokyo
Aramex PJSC	ARMX.AE	1,088	4.4	35.7	1.6	Dubai
Asian Television Network International	ANI.BK	177	5.2	8.6	0.7	Thailand
Air T, Inc.	AIRT	61	-5.0	-69.6	11.0	NASDAQ Global Market
Allcargo Terminals Limited	ATL.NS	86	1.9	24.8	2.8	National Stock Exchange of India
Allcargo Terminals Limited	ATL.BO	83	1.9	24.8	2.8	Bombay Stock Exchange
Clasquin SA	ALCLA.PA	384	9.3	21.4	5.7	Paris
AVG Logistics Limited	AVG.BO	50	3.1	18.7	1.6	Bombay Stock Exchange
Allcargo Logistics Limited	ALLCARGO.BO	405	5.1	99.0	1.5	Bombay Stock Exchange
Andlauer Healthcare Group Inc.	AND.TO	1,489	11.1	30.0	4.7	Toronto Stock Exchange
Allcargo Logistics Limited	ALLCARGO.NS	405	5.1	99.0	1.5	National Stock Exchange of India
Air T, Inc.	AIRTP	409	-5.0	-69.6	11.0	NASDAQ Global Market
AVG Logistics Limited	AVG.NS	50	3.1	18.7	1.6	National Stock Exchange of India
Prosegur Cash, S.A.	CASH.MC	1,388	0.9	12.5	4.3	Madrid Stock Exchange
bpost NV/SA	BPOST.BR	501	-2.5	-2.2	0.5	Brussels
Blue Dart Express Limited	BLUEDART.BO	1,747	24.2	59.6	9.6	Bombay Stock Exchange
Blue Dart Express Limited	BLUEDART.NS	1,750	24.2	59.6	9.6	National Stock Exchange of India
Armlogi Holding Corp. common stock	BTOC	64	7.6	-6.3	2.0	Nasdaq
CTT - Correios De Portugal, S.A.	CTT.LS	1,178	9.0	22.4	4.0	Lisbon
DSV A/S	DSV.CO	56,139	16.4	31.1	2.9	Copenhagen
Deutsche Post AG	DHL.DE	51,519	2.3	13.3	1.9	Frankfurt Stock Exchange
Cryoport, Inc.	CYRX	362	-2.3	-3.4	0.9	NASDAQ Capital Market
Dalrymple Bay Infrastructure Limited	DBI.AX	1,316	0.7	23.5	1.8	Australian Securities Exchange
Cargojet Inc.	CJT.TO	1,080	1.9	12.0	1.9	Toronto Stock Exchange
Delhivery Limited	DELHIVERY.BO	3,397	82.8	179.9	3.1	Bombay Stock Exchange
Freightos Limited Ordinary shares	CRGO	110	-6.6	-5.0	2.0	NASDAQ Global Market
C.H. Robinson Worldwide, Inc.	CHRW	11,087	11.9	22.4	6.6	NASDAQ Global Select
CTI Logistics Limited	CLX.AX	91	0.2	8.9	1.1	Australian Securities Exchange
Delhivery Limited	DELHIVERY.NS	3,379	82.8	179.9	3.1	National Stock Exchange of India
Eimskipafélag Íslands hf.	EIM.IC	494	1.8	14.4	1.4	Iceland
Forward Air Corporation	FWRD	672	1.5	-0.8	4.4	NASDAQ Global Select
FedEx Corporation	FDX.DE	51,815	2.2	14.2	2.1	Frankfurt Stock Exchange
Expeditors International of Washington, Inc.	EXPD	15,586	14.2	18.6	6.9	New York Stock Exchange
Gateway Distriparks Limited	GATEWAY.NS	383	5.1	8.7	1.5	National Stock Exchange of India
Gateway Distriparks Limited	GATEWAY.BO	383	5.1	8.7	1.5	Bombay Stock Exchange
Far-Eastern Shipping Company PLC.	FESH.ME	2,152	4.4	19.5	1.3	Moscow Stock Exchange
COSCO SHIPPING International (Singapore) Co., Ltd.	F83.SI	221	1.3	43.9	0.6	Stock Exchange of Singapore
Freightways Group Limited	FRW.NZ	1,178	6.5	26.6	3.9	NZSE
FedEx Corporation	FDX	54,910	1.7	14.1	2.1	New York Stock Exchange
International Distributions Services plc	IDS.L	4,712	1.7	13.6	1.0	London Stock Exchange
Hargreaves Services Plc	HSP.L	326	13.5	15.5	1.2	London Stock Exchange
Hub Group, Inc.	HUBG	2,047	5.3	19.6	1.2	NASDAQ Global Select
GXO Logistics, Inc.	GXO	5,557	0.7	76.2	2.0	New York Stock Exchange
Gulf Warehousing Company Q.P.S.C.	GWCS.QA	452	-0.7	10.3	0.7	Qatar
Hidrovias do Brasil S.A.	HBSA3.SA	917	5.5	-5.3	2.9	São Paulo
Kerry Express (Thailand) Public Company Limited	KEX.BK	158	-1.6	-0.8	1.9	Thailand
J.B. Hunt Transport Services, Inc.	JBHT	14,263	8.0	25.4	1.7	NASDAQ Global Select
JSW Infrastructure Limited	JSWINFRA.NS	7,478	27.8	42.6	6.6	National Stock Exchange of India
JITF Infralogistics Limited	JITFINFRA.NS	112	-4.7	18.5	-1.9	National Stock Exchange of India
PT Indonesia Kendaraan Terminal Tbk	IPCC.JK	114	7.1	8.3	1.4	Jakarta Stock Exchange
Jetpak Top Holding AB (publ)	JETPAK.ST	132	7.6	15.7	1.4	Stockholm Stock Exchange
Logistics Development Group plc	LDG.L	87	-13.6	-8.4	0.8	London Stock Exchange
Triple i Logistics Public Company Limited	III.BK	91	7.3	8.1	0.9	Thailand
JSW Infrastructure Limited	JSWINFRA.BO	7,575	27.8	42.6	6.6	Bombay Stock Exchange
Compañía de Distribución Integral Logista Holdings, S.A.	LOG.MC	4,280	6.0	12.4	6.3	Madrid Stock Exchange
Kuehne + Nagel International AG	KNIN.SW	25,884	7.5	17.4	7.2	Swiss Exchange
Landstar System, Inc.	LSTR	4,872	18.3	27.4	5.3	NASDAQ Global Select
K&S Corporation Limited	KSC.AX	301	5.5	15.6	1.3	Australian Securities Exchange
Mainfreight Limited	MFT.NZ	4,002	7.0	33.9	3.6	NZSE
Mahindra Logistics Limited	MAHLOG.NS	283	8.6	-68.3	5.6	National Stock Exchange of India
Mahindra Logistics Limited	MAHLOG.BO	283	8.6	-68.3	5.6	Bombay Stock Exchange
Pkp Cargo S.A.	PKP.WA	196	0.8	-0.3	1.0	Warsaw Stock Exchange
NTG Nordic Transport Group A/S	NTG.CO	629	4.0	13.2	3.1	Copenhagen
OT Logistics S.A.	OTS.WA	55	-3.5	42.8	1.4	Warsaw Stock Exchange
Navkar Corporation Limited	NAVKARCORP.BO	196	-169.6	-37.0	0.9	Bombay Stock Exchange
Pitney Bowes Inc.	PBI	1,900	1.9	-11.4	-3.5	New York Stock Exchange
Proficient Auto Logistics, Inc. Common Stock	PAL	188	0.2	-93.8	0.6	Nasdaq
Navkar Corporation Limited	NAVKARCORP.NS	196	-169.6	-37.0	0.9	National Stock Exchange of India
Ritco Logistics Limited	RITCO.BO	92	5.9	18.8	2.5	Bombay Stock Exchange
PostNL N.V.	PNL.AS	523	-0.3	26.1	2.2	Amsterdam
Ritco Logistics Limited	RITCO.NS	92	5.9	18.8	2.5	National Stock Exchange of India
Radiant Logistics, Inc.	RLGT	287	5.5	16.7	1.3	American Stock Exchange
Österreichische Post AG	POST.VI	2,353	6.6	14.8	2.7	Vienna
Qube Holdings Limited	QUB.AX	4,892	7.5	33.1	2.3	Australian Securities Exchange
Shengfeng Development Limited	SFWL	78	1.2	7.2	0.7	NASDAQ Capital Market
Sical Logistics Limited	SICALLOG.BO	84	8.2	-28.0	-158.8	Bombay Stock Exchange
Singapore Post Limited	S08.SI	1,064	4.3	20.1	1.3	Stock Exchange of Singapore
Silk Logistics Holdings Limited	SLH.AX	80	-3.8	-134.9	1.5	Australian Securities Exchange
Sical Logistics Limited	SICALLOG.NS	88	8.2	-28.0	-158.8	National Stock Exchange of India
Steamships Trading Company Limited	SST.AX	302	4.1	26.6	1.1	Australian Securities Exchange
SCGJWD Logistics Public Company Limited	SJWD.BK	445	0.3	12.9	0.6	Thailand
Snowman Logistics Limited	SNOWMAN.BO	119	12.8	175.9	2.5	Bombay Stock Exchange
Snowman Logistics Limited	SNOWMAN.NS	123	12.8	175.9	2.5	National Stock Exchange of India
TVS Supply Chain Solutions Limited	TVSSCS.NS	706	9.7	-434.0	3.3	National Stock Exchange of India
United Parcel Service, Inc.	UPS	85,196	5.4	14.6	5.5	New York Stock Exchange
TVS Supply Chain Solutions Limited	TVSSCS.BO	705	9.7	-434.0	3.3	Bombay Stock Exchange
TCI Express Limited	TCIEXP.BO	334	21.7	30.9	3.5	Bombay Stock Exchange
Transport Corporation of India Limited	TCI.NS	1,015	17.9	21.3	4.1	National Stock Exchange of India
United Parcel Service, Inc.	UPS.MX	89,034	5.7	15.2	5.7	Mexico
Logwin AG	TGHN.DE	804	4.5	6.7	1.8	Frankfurt Stock Exchange
Transport Corporation of India Limited	TCI.BO	1,016	17.9	21.3	4.1	Bombay Stock Exchange
STEF SA	STF.PA	1,895	0.6	11.0	1.3	Paris
TCI Express Limited	TCIEXP.NS	335	21.7	30.9	3.5	National Stock Exchange of India
ZTO Express (Cayman) Inc.	ZTO	14,331	7.8	10.7	1.6	New York Stock Exchange
VL E-Governance & IT Solutions Limited	VLEGOV.BO	61	401.7	-3.1	0.2	Bombay Stock Exchange
VL E-Governance & IT Solutions Limited	VLEGOV.NS	61	401.7	-3.1	0.2	National Stock Exchange of India
XPO Logistics, Inc.	XPO	15,025	9.3	37.9	9.0	New York Stock Exchange