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	8.6	19.4	2.0
Carnival Corporation & plc	0.6	13.6	3.0
Mediana / Carnival Corporation & plc	13.2	1.4	0.6

---

Pozostałe spółki z branży Leisure

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
Compagnie des Alpes SA	0N7N.L	1,074	-1.3	7.3	0.9	London Stock Exchange
Carnival Corporation & plc	0EV1.L	29,370	0.3	14.4	3.2	London Stock Exchange
Guangzhou Pearl River Piano Group Co.,Ltd	002678.SZ	963	-28.3	-24.6	1.9	Shenzhen
Impulse (Qingdao) Health Tech Co.,Ltd.	002899.SZ	430	18.3	24.9	1.6	Shenzhen
Huayi Tencent Entertainment Company Limited	0419.HK	71	-4.9	-3.4	5.4	HKSE
China Travel International Investment Hong Kong Limited	0308.HK	748	6.6	55.4	0.4	HKSE
Playmates Toys Limited	0869.HK	84	17.8	5.0	0.6	HKSE
Goldlok Holdings(Guangdong) Co.,Ltd.	002348.SZ	511	-75.2	-62.0	8.3	Shenzhen
Shenzhen China Bicycle Company (Holdings) Limited	000017.SZ	480	134.3	249.6	13.9	Shenzhen
FILA Holdings Corporation	081660.KS	1,452	1.7	23.9	1.0	KSE
Kiu Hung International Holdings Limited	0381.HK	54	11.8	-3.7	1.3	HKSE
Guangdong Qunxing Toys Joint-Stock Co., Ltd.	002575.SZ	679	-123.4	-137.4	5.1	Shenzhen
Playmates Holdings Limited	0635.HK	134	106.1	-2.8	0.2	HKSE
HL Corp (Shenzhen)	002105.SZ	431	98.7	-128.8	3.5	Shenzhen
Shanghai Yaoji Technology Co., Ltd.	002605.SZ	1,700	17.6	23.0	3.3	Shenzhen
Xiamen Comfort Science&Technology Group Co., Ltd	002614.SZ	550	24.2	68.8	0.9	Shenzhen
E-World Co.,Ltd.	084680.KS	156	-6.3	-10.4	0.9	KSE
Shifeng Cultural Development Co., Ltd.	002862.SZ	510	185.9	345.7	5.6	Shenzhen
Sportsoul Co.,Ltd.	001300.SZ	457	181.2	203.8	3.2	Shenzhen
Gokurakuyu Holdings Co., Ltd.	2340.T	106	8.7	20.3	4.1	Tokyo
Hailun Piano Co.,Ltd.	300329.SZ	263	-15.2	-18.2	2.7	Shenzhen
Shenzhen China Bicycle Company (Holdings) Limited	200017.SZ	477	133.3	42.4	2.4	Shenzhen
Haichang Ocean Park Holdings Ltd.	2255.HK	703	-21.0	-6.8	2.9	HKSE
Guangdong Jinma Entertainment Corporation Limited	300756.SZ	581	-1,330.2	-1,281.6	2.8	Shenzhen
YaGuang Technology Group Company Limited	300123.SZ	889	-8.6	-7.0	4.2	Shenzhen
Li Ning Company Limited	2331.HK	5,079	6.9	12.1	1.4	HKSE
Jiangsu Jinling Sports Equipment Co.,Ltd.	300651.SZ	641	101.2	272.3	7.4	Shenzhen
ANTA Sports Products Limited	2020.HK	32,974	7.9	15.8	4.0	HKSE
Johnson Health Tech .Co., Ltd.	1736.TW	1,456	4.7	15.2	3.4	Taiwan
Dream International Limited	1126.HK	899	7.7	9.6	1.8	HKSE
Songcheng Performance Development Co.,Ltd	300144.SZ	3,266	18.8	22.5	2.8	Shenzhen
Goodbaby International Holdings Limited	1086.HK	251	1.5	5.6	0.3	HKSE
Cosonic Intelligent Technologies Co., Ltd.	300793.SZ	933	72.9	155.4	2.2	Shenzhen
Dyaco International Inc.	1598.TW	138	2.4	51.8	0.8	Taiwan
Leejam Sports Company	1830.SR	1,727	5.9	14.2	5.3	Saudi
Toread Holdings Group Co., Ltd.	300005.SZ	1,024	71.5	86.7	3.7	Shenzhen
Joy Kie Corporation Limited.	300994.SZ	518	24.6	25.5	3.0	Shenzhen
Topkey Corporation	4536.TW	569	7.9	9.8	1.8	Taiwan
Fujian Forecam Optics Co., Ltd.	688010.SS	642	79.5	463.6	2.7	Shanghai
Round One Corporation	4680.T	2,269	5.7	20.6	4.6	Tokyo
Heiwa Corporation	6412.T	1,402	-10.9	15.5	0.8	Tokyo
Universal Entertainment Corporation	6425.T	524	-3.8	-2.8	0.2	Tokyo
FURYU Corporation	6238.T	176	8.4	15.6	1.1	Tokyo
Izu Shaboten Resort Co.,Ltd	6819.T	60	6.3	9.6	1.5	Tokyo
Shanghai Rongtai Health Technology Corporation Limited	603579.SS	538	17.5	22.4	1.9	Shanghai
Zhonglu.Co.,Ltd	600818.SS	409	-693.4	-210.5	6.3	Shanghai
Shuhua Sports Co., Ltd.	605299.SS	549	32.4	48.8	3.2	Shanghai
Brogent Technologies Inc.	5263.TWO	230	18.8	88.0	1.6	Taipei Exchange
Dalian Sunasia Tourism Holding CO.,LTD	600593.SS	513	437.4	-46.3	26.3	Shanghai
Oriental Land Co., Ltd.	4661.T	36,040	29.8	41.8	5.3	Tokyo
BanBao Co., Ltd.	603398.SS	269	-1.6	-1.7	2.2	Shanghai
Aeon Fantasy Co., Ltd.	4343.T	355	2.0	-28.2	7.7	Tokyo
Phenix Optical Company Limited	600071.SS	783	43.1	189.2	15.7	Shanghai
Sports Gear Co., Ltd.	6768.TW	749	10.1	12.2	1.4	Taiwan
Zhejiang Natural Outdoor Goods Inc.	605080.SS	191	5.5	16.3	1.8	Shanghai
Shanghai Phoenix Enterprise (Group) Co., Ltd.	600679.SS	678	-50.1	-49.1	3.3	Shanghai
Central Sports Co., Ltd.	4801.T	185	8.8	19.6	1.0	Tokyo
FuSheng Precision Co., Ltd.	6670.TW	1,423	7.3	10.2	2.5	Taiwan
China United Travel Co.,Ltd	600358.SS	522	-62.5	-55.2	49.1	Shanghai
Honma Golf Limited	6858.HK	271	35.5	59.8	1.4	HKSE
SK Japan Co.,Ltd.	7608.T	57	9.1	8.8	1.5	Tokyo
Shoei Co., Limited	7839.T	579	9.1	12.5	2.9	Tokyo
CURVES HOLDINGS Co., Ltd.	7085.T	436	8.3	16.2	3.1	Tokyo
Advanced International Multitech Co., Ltd.	8938.TWO	329	3.5	7.6	1.3	Taipei Exchange
Bonny Worldwide Limited	8467.TW	303	11.6	14.1	2.9	Taiwan
Daiichikosho Co., Ltd.	7458.T	1,150	4.9	9.1	1.4	Tokyo
Yamaha Corporation	7951.T	3,376	12.6	34.2	1.0	Tokyo
GENDA Inc.	9166.T	1,009	11.8	46.9	4.4	Tokyo
Cashbox Partyworld Co., Ltd.	8359.TWO	393	5.9	13.0	1.5	Taipei Exchange
Abéo SA	ABEO.PA	81	-0.4	42.2	0.7	Paris
Roland Corporation	7944.T	589	6.3	12.7	2.3	Tokyo
Tosho Co., Ltd.	8920.T	158	3.0	18.6	0.6	Tokyo
Power Wind Health Industry Incorporated	8462.TW	352	2.3	23.1	4.8	Taiwan
Endo Manufacturing Co., Ltd.	7841.T	66	6.5	10.6	0.4	Tokyo
Holiday Entertainment Co.,Ltd	9943.TW	326	9.4	16.5	2.6	Taiwan
Fast Fitness Japan Incorporated	7092.T	199	8.4	14.3	2.1	Tokyo
Giant Manufacturing Co., Ltd.	9921.TW	1,447	5.8	38.3	1.2	Taiwan
Tamron Co.,Ltd.	7740.T	911	8.0	10.0	1.9	Tokyo
Zett Corporation	8135.T	57	13.0	2.7	0.6	Tokyo
Kawai Musical Instruments Manufacturing Co., Ltd.	7952.T	154	14.2	54.8	0.5	Tokyo
Shimano Inc.	7309.T	12,298	28.7	29.0	2.2	Tokyo
Kotobukiya Co., Ltd.	7809.T	86	4.4	11.2	1.7	Tokyo
Launch Technologies Co., Ltd.	8420.TWO	76	25.0	-101.7	2.5	Taipei Exchange
Alexander Marine Co., Ltd.	8478.TW	496	15.7	31.7	1.7	Taiwan
Globeride, Inc.	7990.T	329	2.5	9.9	0.8	Tokyo
Ideal Bike Corporation	8933.TWO	72	-10.5	-9.2	1.0	Taipei Exchange
O-TA Precision Industry Co., Ltd.	8924.TWO	172	12.7	11.7	1.3	Taipei Exchange
BANDAI NAMCO Holdings Inc.	7832.T	21,358	16.1	24.3	4.0	Tokyo
Pop Mart International Group Limited	9992.HK	46,126	74.6	106.1	31.0	HKSE
WW Holding Inc.	8442.TW	184	4.9	7.3	1.4	Taiwan
YONEX Co., Ltd.	7906.T	1,719	15.7	23.4	3.6	Tokyo
Armah Sports Co.	9590.SR	753	24.6	74.7	5.9	Saudi
Descente Ltd.	8114.T	2,274	29.2	36.1	2.9	Tokyo
Thunder Tiger Corp.	8033.TW	317	49.0	106.3	4.9	Taiwan
Nikon Corporation	7731.T	3,202	9.2	76.5	0.7	Tokyo
H.I.S. Co., Ltd.	9603.T	800	1.8	11.9	2.1	Tokyo
Goldwin Inc.	8111.T	2,531	13.8	14.9	3.3	Tokyo
TOMY Company, Ltd.	7867.T	1,954	9.9	17.2	2.6	Tokyo
Merida Industry Co., Ltd.	9914.TW	1,078	-535.4	-45.5	1.7	Taiwan
As Commercial Industrial Company of Computers and Toys S.A.	ASCO.AT	54	4.2	8.4	1.3	Athens
Piscines Desjoyaux SA	ALPDX.PA	138	6.7	10.4	1.0	Paris
Amer Sports, Inc.	AS	20,066	29.8	100.6	3.9	New York Stock Exchange
Racing Force S.P.A.	ALRFG.PA	151	12.6	21.5	2.1	Paris
American Outdoor Brands, Inc.	AOUT	143	21.1	-32.8	0.8	NASDAQ Global Select
Compagnie des Alpes SA	CDA.PA	1,074	-1.3	7.3	0.9	Paris
Carnival Corporation & plc	CCL.L	29,218	0.3	12.7	2.8	London Stock Exchange
Bénéteau S.A.	BEN.PA	776	3.5	4.2	0.8	Paris
The Character Group plc	CCT.L	61	6.2	9.5	1.2	London Stock Exchange
Benefit Systems S.A.	BFT.WA	2,728	8.9	20.3	7.9	Warsaw Stock Exchange
Hollywood Bowl Group plc	BOWL.L	566	3.0	14.2	2.8	London Stock Exchange
Basic-Fit N.V.	BFIT.AS	1,799	-3.8	194.6	3.8	Amsterdam
Carnival Corporation & plc	CCL	29,075	0.2	14.3	3.2	New York Stock Exchange
Cambuci S.A.	CAMB3.SA	74	3.9	5.3	1.4	São Paulo
Dometic Group AB (publ)	DOM.ST	1,222	-0.7	-4.8	0.5	Stockholm Stock Exchange
Dogness (International) Corporation	DOGZ	367	-349.8	-78.6	4.9	NASDAQ Global Market
Carnival Corporation & plc	CUK	26,413	0.2	14.3	3.2	New York Stock Exchange
Clarus Corporation	CLAR	136	-15.4	-1.7	0.6	NASDAQ Global Select
Games Workshop Group PLC	GAW.L	7,397	22.0	31.2	18.9	London Stock Exchange
Escalade, Incorporated	ESCA	191	7.3	13.7	1.1	NASDAQ Global Market
Eagle Football Group Société anonyme	EFG.PA	340	-2.1	-12.8	8.9	Paris
Experience Co Limited	EXP.AX	52	4.9	29.2	0.6	Australian Securities Exchange
Funko, Inc.	FNKO	278	0.4	-14.0	1.3	NASDAQ Global Select
Six Flags Entertainment Corporation	FUN	3,020	5.2	-9.4	0.3	New York Stock Exchange
Harvia Oyj	HARVIA.HE	1,073	19.4	36.9	7.2	Helsinki
The Gym Group plc	GYM.L	350	-1.7	58.5	2.0	London Stock Exchange
Hasbro, Inc.	HAS	9,502	7.3	22.3	7.9	NASDAQ Global Select
Acushnet Holdings Corp.	GOLF	4,109	8.6	19.0	5.5	New York Stock Exchange
JAKKS Pacific, Inc.	JAKK	231	3.4	5.0	1.0	NASDAQ Global Select
Johnson Outdoors Inc.	JOUT	302	-10.4	-6.7	0.7	NASDAQ Global Select
MIPS AB (publ)	MIPS.ST	1,263	64.8	81.0	18.5	Stockholm Stock Exchange
Mattel, Inc.	MTT.DE	8,168	7.7	14.8	3.5	Frankfurt Stock Exchange
Mattel, Inc.	MAT	6,071	5.1	11.6	2.9	NASDAQ Global Select
Life Time Group Holdings, Inc.	LTH	5,954	2.9	27.7	2.1	New York Stock Exchange
PLBY Group, Inc.	PLBY	132	-3.5	-1.8	19.1	NASDAQ Global Market
Topgolf Callaway Brands Corp.	MODG	1,420	-0.4	-1.0	0.6	New York Stock Exchange
OneSpaWorld Holdings Limited	OSW	1,905	18.8	29.0	3.7	NASDAQ Capital Market
Carnival Corporation & plc	POH1.DE	29,271	0.3	13.1	2.9	Frankfurt Stock Exchange
Rapala VMC Corporation	RAP1V.HE	55	-0.5	-9.0	0.3	Helsinki
Profoto Holding AB (publ)	PRFO.ST	99	3.6	9.2	2.5	Stockholm Stock Exchange
Peloton Interactive, Inc.	PTON	2,663	27.0	-16.0	-5.6	NASDAQ Global Select
Racing Force S.P.A.	RFG.MI	144	12.5	21.4	2.1	Milan
Planet Fitness, Inc.	PLNT	8,610	18.5	48.1	-39.3	New York Stock Exchange
United Parks & Resorts Inc.	PRKS	2,257	-0.0	10.1	-4.7	New York Stock Exchange
Sats ASA	SATS.OL	702	0.4	20.4	5.2	Oslo Stock Exchange
Smartphoto Group NV	SMAR.BR	115	11.5	18.4	2.0	Brussels
Technogym S.p.A.	TGYM.MI	2,835	14.9	28.2	6.5	Milan
Focusrite plc	TUNE.L	154	4.3	43.4	1.0	London Stock Exchange
The Italian Sea Group S.p.A.	TISG.MI	345	5.8	18.0	2.1	Milan
tonies SE	TNIE.DE	797	-1,910.4	-30.0	2.0	XETRA
Thule Group AB (publ)	THULE.ST	3,014	14.0	26.3	3.7	Stockholm Stock Exchange
TWC Enterprises Limited	TWC.TO	380	7.7	12.5	0.9	Toronto Stock Exchange
Bergbahnen Engelberg-Trübsee-Titlis AG	TIBN.SW	173	4.3	9.3	0.9	Swiss Exchange
Spin Master Corp.	TOY.TO	1,774	4.3	15.8	1.3	Toronto Stock Exchange
Tivoli A/S	TIV.CO	549	12.3	31.7	3.4	Copenhagen
Wonderla Holidays Limited	WONDERLA.BO	479	22.9	31.8	3.3	Bombay Stock Exchange
Vista Outdoor Inc.	VSTO	2,608	15.0	-286.2	2.1	New York Stock Exchange
YETI Holdings, Inc.	YETI	2,483	9.2	14.0	3.2	New York Stock Exchange
Viva Leisure Limited	VVA.AX	89	-5.0	37.3	1.3	Australian Securities Exchange
Xponential Fitness, Inc.	XPOF	396	-1.0	-4.0	-1.2	New York Stock Exchange
Wonderla Holidays Limited	WONDERLA.NS	480	22.9	31.8	3.3	National Stock Exchange of India
Compagnie Du Mont-Blanc	MLCMB.PA	175	2.2	7.7	0.8	Paris