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	-	-	-
Saul Centers, Inc.	-	-	-
Mediana / Saul Centers, Inc.	-	-	-

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Pozostałe spółki z branży REIT - Retail

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
Regency Centers Corporation	0KUT.L	12,792	8.6	32.9	2.0	London Stock Exchange
Link Real Estate Investment Trust	0823.HK	13,883	6.3	-48.1	0.6	HKSE
Tanger Inc.	0LD4.L	3,475	6.9	35.1	5.3	London Stock Exchange
Fortune Real Estate Investment Trust	0778.HK	1,268	0.7	-19.1	0.4	HKSE
Champion Real Estate Investment Trust	2778.HK	1,666	-0.3	-6.2	0.3	HKSE
Escon Japan REIT Investment Corporation	2971.T	307	3.9	14.6	1.1	Tokyo
CapitaLand Malaysia Trust	5180.KL	456	-0.7	9.7	0.6	Kuala Lumpur
AEON REIT Investment Corporation	3292.T	1,853	4.1	20.0	1.1	Tokyo
IGB Real Estate Investment Trust	5227.KL	2,286	12.6	15.4	2.1	Kuala Lumpur
Nomura Real Estate Master Fund, Inc.	3462.T	4,797	3.9	20.5	1.1	Tokyo
Sunway Real Estate Investment Trust	5176.KL	1,791	11.0	19.6	1.1	Kuala Lumpur
Swicorp Wabel Reit Fund	4345.SR	149	6.6	48.6	0.7	Saudi
LOTTE REIT Co., Ltd.	330590.KS	817	-1.8	66.9	0.9	KSE
Pavilion Real Estate Investment Trust	5212.KL	1,531	4.8	14.0	1.2	Kuala Lumpur
Japan Metropolitan Fund Investment Corporation	8953.T	5,212	3.6	20.7	1.1	Tokyo
Ally Leasehold Real Estate Investment Trust	ALLY.BK	118	-1.0	10.3	0.4	Thailand
Alexander's, Inc.	ALX	1,177	3.1	29.2	7.1	New York Stock Exchange
Agree Realty Corporation	ADC	7,926	9.8	42.7	1.4	New York Stock Exchange
Agree Realty Corporation	ADC-PA	1,906	9.8	42.7	1.4	New York Stock Exchange
Acadia Realty Trust	AKR	2,425	11.1	118.8	1.0	New York Stock Exchange
Ascencio SA	ASCE.BR	374	0.9	16.7	0.7	Brussels
Saul Centers, Inc.	BFS-PE	519	-4.0	18.0	2.6	New York Stock Exchange
Saul Centers, Inc.	BFS-PD	816	-4.0	18.0	2.6	New York Stock Exchange
CapitaLand China Trust	AU8U.SI	991	-2.6	77.7	0.7	Stock Exchange of Singapore
Saul Centers, Inc.	BFS	856	-4.0	18.0	2.6	New York Stock Exchange
Capital & Regional Plc	CAL.L	199	-1.8	67.1	0.7	London Stock Exchange
CT Real Estate Investment Trust	CRT-UN.TO	2,790	4.5	14.6	2.0	Toronto Stock Exchange
Carmila S.A.	CARM.PA	2,864	-0.5	7.6	0.7	Paris
Cedar Realty Trust, Inc.	CDR-PC	204	-7.0	0.8	0.0	New York Stock Exchange
Carindale Property Trust	CDP.AX	272	10.3	13.3	0.7	Australian Securities Exchange
Cedar Realty Trust, Inc.	CDR-PB	216	9.6	38.2	6.3	New York Stock Exchange
Sasseur Real Estate Investment Trust	CRPU.SI	641	0.0	16.1	0.8	Stock Exchange of Singapore
Charter Hall Retail REIT	CQR.AX	1,516	73.7	13.8	0.9	Australian Securities Exchange
Brixmor Property Group Inc.	BRX	7,928	3.2	25.0	2.7	New York Stock Exchange
CapitaLand Integrated Commercial Trust	C38U.SI	12,822	5.2	15.3	0.9	Stock Exchange of Singapore
CBL & Associates Properties, Inc.	CBL	804	-4.3	11.6	2.7	New York Stock Exchange
Eurocommercial Properties N.V.	ECMPA.AS	1,710	-0.5	8.0	0.7	Amsterdam
Dexus Convenience Retail REIT	DXC.AX	277	3.1	25.2	1.9	Australian Securities Exchange
Choice Properties Real Estate Investment Trust	CHP-UN.TO	3,592	-1.6	19.5	2.3	Toronto Stock Exchange
Lippo Malls Indonesia Retail Trust	D5IU.SI	85	-8.1	-2.5	0.2	Stock Exchange of Singapore
Federal Realty Investment Trust	FRT	8,192	4.6	27.2	2.6	New York Stock Exchange
Four Corners Property Trust, Inc.	FCPT	2,727	7.6	26.8	1.9	New York Stock Exchange
Federal Realty Investment Trust	FRT-PC	8,311	4.6	27.2	2.6	New York Stock Exchange
Frey SA	FREY.PA	1,084	0.1	23.1	0.9	Paris
Fibra Shop	FSHOP13.MX	290	-1.8	3.0	0.4	Mexico
First Capital Real Estate Investment Trust	FCR-UN.TO	2,853	-0.4	17.4	0.9	Toronto Stock Exchange
Hammerson plc	HMSO.L	1,949	25.3	-2.7	0.8	London Stock Exchange
Investore Property Limited	IPL.NZ	274	15.4	47.3	0.7	NZSE
Getty Realty Corp.	GTY	1,550	4.0	23.0	1.7	New York Stock Exchange
HomeCo Daily Needs REIT	HDN.AX	1,759	-37.1	12.8	0.9	Australian Securities Exchange
Frasers Centrepoint Trust	J69U.SI	3,633	10.5	19.6	1.0	Stock Exchange of Singapore
InvenTrust Properties Corp.	IVT	2,124	13.1	123.5	1.2	New York Stock Exchange
Mercialys	MERY.PA	1,173	8.9	18.5	1.6	Paris
Klépierre	LI.PA	11,281	2.0	8.8	1.1	Paris
Lotus's Retail Growth Freehold and Leasehold Property Fund	LPF.BK	795	10.7	12.5	0.9	Thailand
Kimco Realty Corporation	KIM-PM	14,135	4.7	25.9	1.4	New York Stock Exchange
Kimco Realty Corporation	KIM	14,535	4.7	25.9	1.4	New York Stock Exchange
Kite Realty Group Trust	KRG	5,022	3.8	371.5	1.6	New York Stock Exchange
Kimco Realty Corporation	KIM-PL	14,263	4.7	25.9	1.4	New York Stock Exchange
Kimco Realty Corporation	KIM-PN	40,455	23.9	72.0	3.8	New York Stock Exchange
The Macerich Company	MAC	4,215	-1.6	-35.5	1.6	New York Stock Exchange
NewRiver REIT plc	NRR.L	480	4.2	16.8	0.6	London Stock Exchange
National Retail Properties, Inc.	NNN	8,228	4.3	20.1	1.8	New York Stock Exchange
Mapletree Pan Asia Commercial Trust	N2IU.SI	5,260	0.7	11.0	0.7	Stock Exchange of Singapore
Realty Income Corporation	O	52,175	5.9	52.8	1.3	New York Stock Exchange
NETSTREIT Corp.	NTST	1,376	4.1	-121.3	1.0	New York Stock Exchange
United Hampshire US Real Estate Investment Trust	ODBU.SI	278	-1.0	8.6	0.6	Stock Exchange of Singapore
Qrf Comm. VA	QRF.BR	95	-1.5	7.3	0.6	Brussels
Patrimoine et Commerce SA	PAT.PA	458	-0.6	9.2	0.8	Paris
Phillips Edison & Company, Inc.	PECO	4,399	4.8	62.5	1.9	NASDAQ Global Select
Starhill Global Real Estate Investment Trust	P40U.SI	921	1.5	17.8	0.7	Stock Exchange of Singapore
Primaris Real Estate Investment Trust	PMZ-UN.TO	1,100	-1.9	23.4	0.7	Toronto Stock Exchange
Plaza Retail REIT	PLZ-UN.TO	317	-4.8	17.2	0.8	Toronto Stock Exchange
Alpine Income Property Trust, Inc.	PINE	208	-3.6	193.7	0.9	New York Stock Exchange
Shaftesbury Capital PLC	SHC.L	4,082	9.1	11.8	0.8	London Stock Exchange
Retail Estates N.V.	RET.BR	1,108	-0.0	11.6	0.8	Brussels
Regency Centers Corporation	REGCP	4,279	7.2	32.6	1.9	NASDAQ Global Select
Slate Grocery REIT	SGR-UN.TO	617	-5.1	15.3	1.0	Toronto Stock Exchange
Region Group	RGN.AX	1,744	0.0	20.1	1.0	Australian Securities Exchange
Tanger Inc.	SKT	3,553	2.1	35.4	5.1	New York Stock Exchange
Retail Opportunity Investments Corp.	ROIC	2,255	3.1	38.0	1.7	NASDAQ Global Select
SITE Centers Corp.	SITC-PA	373	0.6	1.2	1.3	New York Stock Exchange
Scentre Group	SCG.AX	12,882	1.3	17.9	1.0	Australian Securities Exchange
Regency Centers Corporation	REG	12,852	7.2	32.6	1.9	NASDAQ Global Select
Regency Centers Corporation	REGCO	4,097	7.2	32.6	1.9	NASDAQ Global Select
RioCan Real Estate Investment Trust	REI-UN.TO	3,830	-4.3	19.9	0.7	Toronto Stock Exchange
Selectirente	SELER.PA	418	6.2	11.9	0.9	Paris
SITE Centers Corp.	SITC	616	0.6	1.2	1.3	New York Stock Exchange
Supermarket Income REIT plc	SUPR.L	1,446	8.9	15.0	0.9	London Stock Exchange
Seritage Growth Properties	SRG-PA	170	-6.4	-1.1	0.4	New York Stock Exchange
SPH REIT	SK6U.SI	2,175	8.2	11.0	1.0	Stock Exchange of Singapore
Simon Property Group, Inc.	SPG-PJ	51,845	6.1	25.5	20.1	New York Stock Exchange
Simon Property Group, Inc.	SPG	54,110	6.1	25.5	20.1	New York Stock Exchange
SmartCentres Real Estate Investment Trust	SRU-UN.TO	2,719	-3.0	17.6	0.8	Toronto Stock Exchange
Seritage Growth Properties	SRG	170	-6.4	-1.1	0.4	New York Stock Exchange
Unibail-Rodamco-Westfield SE	URW.PA	13,881	-6.0	77.5	0.6	Paris
Vastned Retail N.V.	VASTN.AS	433	0.0	-17.1	0.6	Amsterdam
Wereldhave Belgium	WEHB.BR	587	4.0	6.6	0.6	Brussels
Wereldhave N.V.	WHA.AS	946	-0.7	5.2	0.7	Amsterdam
Vastned Belgium	VASTB.BR	742	36.9	15.0	0.7	Brussels
Unibail-Rodamco-Westfield SE	URW.AX	13,711	-6.6	-11.0	0.6	Australian Securities Exchange
Vicinity Centres	VCX.AX	7,602	7.9	13.8	1.0	Australian Securities Exchange
Whitestone REIT	WSR	647	0.0	20.3	1.5	New York Stock Exchange