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	20.2	10.3	1.2
JPMorgan Chase & Co.	0.0	12.6	2.1
Mediana / JPMorgan Chase & Co.	inf	0.8	0.5

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Pozostałe spółki z branży Banks - Diversified

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
China Construction Bank Corporation	0939.HK	233,703	7.5	5.3	0.5	HKSE
HSBC Holdings plc	0005.HK	206,047	-527.8	10.1	1.1	HKSE
ProCredit Holding AG & Co. KGaA	0RL9.L	650	73.3	5.4	0.5	London Stock Exchange
Bank of China Limited	3988.HK	203,155	42.9	5.3	0.4	HKSE
Industrial and Commercial Bank of China Limited	1398.HK	332,011	45.8	5.6	0.5	HKSE
Bank of Communications Co., Ltd.	3328.HK	74,834	102.7	5.3	0.4	HKSE
Royal Bank of Canada	0QKU.L	180,756	15.3	21.1	2.0	London Stock Exchange
Agricultural Bank of China Limited	1288.HK	270,578	76.9	6.8	0.6	HKSE
Standard Chartered PLC	2888.HK	36,269	0.0	8.7	0.7	HKSE
China Construction Bank Corporation	601939.SS	236,946	-21.8	6.7	0.7	Shanghai
Agricultural Bank of China Limited	601288.SS	270,438	28.5	7.5	0.7	Shanghai
Bank of China Limited	601988.SS	208,905	17.9	6.8	0.6	Shanghai
Jiangsu Zijin Rural Commercial Bank Co.,Ltd	601860.SS	1,489	19.6	6.8	0.6	Shanghai
Bank of Communications Co., Ltd.	601328.SS	72,975	26.3	6.1	0.5	Shanghai
Industrial & Commercial Bank of China Ltd.	601398.SS	331,860	34.8	7.2	0.6	Shanghai
ABN AMRO Bank N.V.	ABN.AS	21,904	-5.6	8.1	0.7	Amsterdam
Sumitomo Mitsui Financial Group, Inc.	8316.T	95,989	18.6	11.7	0.9	Tokyo
TOMONY Holdings, Inc.	8600.T	713	-3.5	6.6	0.4	Tokyo
Mitsubishi UFJ Financial Group, Inc.	8306.T	154,500	16.4	12.7	1.2	Tokyo
Alior Bank S.A.	ALR.WA	3,407	10.2	5.4	1.1	Warsaw Stock Exchange
ANZ Group Holdings Limited	ANZ.NZ	56,571	-1,290.7	13.6	1.3	NZSE
ANZ Group Holdings Limited	ANZ.AX	57,111	21.1	13.6	1.3	Australian Securities Exchange
Banco Santander, S.A.	BSD2.DE	119,893	7.1	8.5	1.1	Frankfurt Stock Exchange
Barclays PLC	BARC.L	61,563	20.1	7.3	0.6	London Stock Exchange
Banco Bilbao Vizcaya Argentaria, S.A.	BBVA.MC	86,077	1.5	7.4	1.4	Madrid Stock Exchange
Banco Santander, S.A.	BNC.L	118,746	0.0	8.4	1.1	London Stock Exchange
CAB Payments Holdings Limited	CABP.L	142	55.6	7.4	0.7	London Stock Exchange
Banco Bilbao Vizcaya Argentaria, S.A.	BVA.L	83,718	1.7	6.9	1.3	London Stock Exchange
The Bank of Nova Scotia	BNS	67,659	-30.7	13.8	1.1	New York Stock Exchange
Citigroup Inc.	C	142,601	-11.0	10.7	0.7	New York Stock Exchange
Bank of America Corporation	BAC-PS	141,973	-2.3	12.2	1.1	New York Stock Exchange
Bank of Montreal	BMO.TO	77,576	-14.5	13.0	1.2	Toronto Stock Exchange
Bank of China Limited	BOCN.VI	204,250	77.3	5.3	0.4	Vienna
Commonwealth Bank of Australia	CBA.AX	194,782	6.5	30.6	4.0	Australian Securities Exchange
Barclays PLC	BCY.DE	62,036	-695.6	8.6	0.8	Frankfurt Stock Exchange
Bank of America Corporation	BAC-PQ	126,837	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BOFA.NE	337,078	124.3	4.7	0.4	NEO
Bank of America Corporation	BAC-PL	443,251	-2.3	12.2	1.1	New York Stock Exchange
The Bank of Nova Scotia	BNS.TO	67,710	-84.3	13.6	1.1	Toronto Stock Exchange
Barclays PLC	BCS	61,761	20.1	7.3	0.6	New York Stock Exchange
Bank of America Corporation	BML-PH	331,472	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BAC-PK	336,477	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BML-PJ	336,901	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BAC-PE	333,834	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BML-PG	333,646	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BAC-PM	159,676	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BAC-PB	336,171	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BAC	332,118	-2.3	12.2	1.1	New York Stock Exchange
Bank of Montreal	BMO	77,233	-17.0	12.8	1.2	New York Stock Exchange
Bank of America Corporation	BAC-PO	131,055	-2.3	12.2	1.1	New York Stock Exchange
Banco Bilbao Vizcaya Argentaria, S.A.	BOY.DE	86,143	2.1	7.2	1.4	Frankfurt Stock Exchange
Bank of America Corporation	BAC-PN	148,782	-2.3	12.2	1.1	New York Stock Exchange
Banco Bilbao Vizcaya Argentaria, S.A.	BBVA	86,800	2.2	7.4	1.4	New York Stock Exchange
Bank of America Corporation	BML-PL	332,361	-2.3	12.2	1.1	New York Stock Exchange
Bank of America Corporation	BAC-PP	123,749	-2.3	12.2	1.1	New York Stock Exchange
JPMorgan Chase & Co.	CMC.DE	739,881	0.0	12.6	2.1	Frankfurt Stock Exchange
China Construction Bank Corporation	CNCB.VI	233,584	61.0	5.3	0.5	Vienna
Canadian Imperial Bank of Commerce	CM	63,651	-18.6	11.1	1.4	New York Stock Exchange
Canadian Imperial Bank of Commerce	CM.TO	63,610	-6.8	11.5	1.4	Toronto Stock Exchange
Doha Bank Q.P.S.C.	DHBK.QA	2,100	33.8	8.8	0.5	Qatar
EFG International AG	EFGN.SW	5,206	61.7	13.5	1.8	Swiss Exchange
FirstRand Limited	FSR.JO	226	4.5	9.8	2.0	Johannesburg
Agricultural Bank of China Limited	EK7.VI	273,649	28.5	7.5	0.7	Vienna
East West Bancorp, Inc.	EWBC	12,614	7.1	10.8	1.6	NASDAQ Global Select
HSBC Holdings plc	HSBA.L	206,179	15.2	10.1	1.1	London Stock Exchange
HSBC Holdings plc	HBC1.DE	208,615	-505.6	10.2	1.1	Frankfurt Stock Exchange
HSBC Holdings plc	HSBC	207,506	15.5	10.2	1.1	New York Stock Exchange
ING Groep N.V.	INN1.DE	63,435	-3.9	8.9	1.1	Frankfurt Stock Exchange
ING Groep N.V.	INGA.AS	63,449	-3.9	8.9	1.1	Amsterdam
Industrial and Commercial Bank of China Limited	ICK.VI	328,658	78.3	5.6	0.5	Vienna
JPMorgan Chase & Co.	JPM-PK	52,136	1.9	12.5	2.1	New York Stock Exchange
JPMorgan Chase & Co.	JPM.NE	742,518	0.0	1.2	0.2	NEO
JPMorgan Chase & Co.	JPM-PL	53,165	1.9	12.5	2.1	New York Stock Exchange
JPMorgan Chase & Co.	JPM-PJ	54,970	1.9	12.5	2.1	New York Stock Exchange
JPMorgan Chase & Co.	JPM	736,459	1.9	12.5	2.1	New York Stock Exchange
ING Groep N.V.	ING	63,474	-3.9	8.9	1.1	New York Stock Exchange
JPMorgan Chase & Co.	JPM-PD	740,165	1.9	12.5	2.1	New York Stock Exchange
JPMorgan Chase & Co.	JPM-PC	739,232	1.9	12.5	2.1	New York Stock Exchange
JPMorgan Chase & Co.	JPM-PM	48,940	1.9	12.5	2.1	New York Stock Exchange
National Bank of Canada	NA.TO	38,930	2.5	11.9	1.7	Toronto Stock Exchange
National Australia Bank Limited	NAB.AX	77,130	-14.1	17.1	2.0	Australian Securities Exchange
National Bank of Canada	NA-PC.TO	19,337	0.0	2.3	0.3	Toronto Stock Exchange
National Bank of Canada	NA-PE.TO	19,985	0.0	2.2	0.3	Toronto Stock Exchange
Mitsubishi UFJ Financial Group, Inc.	MUFG	157,765	16.6	12.9	1.2	New York Stock Exchange
NatWest Group plc	NWG.L	56,311	75.4	8.4	1.0	London Stock Exchange
The Bank of N.T. Butterfield & Son Limited	NTB	1,760	13.7	8.3	1.7	New York Stock Exchange
Wells Fargo & Company	NWT.DE	238,349	0.0	12.0	1.3	Frankfurt Stock Exchange
NatWest Group plc	NWG	29,056	68.0	4.4	0.5	New York Stock Exchange
Nu Holdings Ltd.	NU	57,342	23.1	26.7	6.7	New York Stock Exchange
Bank of America Corporation	NCB.DE	333,479	16.8	12.2	1.2	Frankfurt Stock Exchange
Royal Bank of Canada	RY	180,206	-16.4	13.4	1.8	New York Stock Exchange
Banco Santander, S.A.	SAN	120,566	14.2	8.6	1.1	New York Stock Exchange
Qatar National Bank (Q.P.S.C.)	QNBK.QA	43,539	69.5	9.4	1.4	Qatar
Banco Santander, S.A.	SAN.MC	119,945	7.1	8.1	1.0	Madrid Stock Exchange
Svenska Handelsbanken AB (publ)	SHB-A.ST	25,773	0.0	9.2	1.4	Stockholm Stock Exchange
Standard Chartered PLC	STAN.L	36,609	3.7	8.8	0.7	London Stock Exchange
Svenska Handelsbanken AB (publ)	SHB-B.ST	25,767	0.0	9.2	1.4	Stockholm Stock Exchange
Banco de Sabadell, S.A.	SAB.MC	17,038	8.5	8.7	1.0	Madrid Stock Exchange
Royal Bank of Canada	RY.TO	180,590	-4.6	13.8	1.8	Toronto Stock Exchange
Banco Santander, S.A.	SAN.WA	118,910	13.9	8.4	1.1	Warsaw Stock Exchange
Sumitomo Mitsui Financial Group, Inc.	SMFG	97,164	27.1	7.1	0.6	New York Stock Exchange
UBS Group AG	UBSG.SW	102,610	0.0	20.5	1.2	Swiss Exchange
Citigroup Inc.	TRVC.DE	143,705	-10.9	10.8	0.7	Frankfurt Stock Exchange
Banco de Valores S.A.	VALO.BA	255	-47.8	15.3	2.2	Buenos Aires
UBS Group AG	UBS	101,930	-0.1	20.2	1.2	New York Stock Exchange
The Toronto-Dominion Bank	TD	124,038	-27.1	19.1	1.4	New York Stock Exchange
The Toronto-Dominion Bank	TD.TO	124,010	20.2	19.1	1.4	Toronto Stock Exchange
VP Bank AG	VPBN.SW	593	58.4	26.2	0.4	Swiss Exchange
Wells Fargo & Company	WFC-PZ	61,113	3.2	11.9	1.3	New York Stock Exchange
Westpac Banking Corporation	WBC.NZ	73,511	53.8	17.3	1.7	NZSE
ANZ Group Holdings Limited	X5Z.F	57,620	0.0	13.7	1.3	Frankfurt Stock Exchange
Wells Fargo & Company	WFC-PC	244,956	3.2	11.9	1.3	New York Stock Exchange
Wells Fargo & Company	WFC-PL	248,490	3.2	11.9	1.3	New York Stock Exchange
Westpac Banking Corporation	WBCPL.AX	230,409	-5.8	16.4	1.6	Australian Securities Exchange
Wells Fargo & Company	WFC	235,538	3.2	11.9	1.3	New York Stock Exchange
Wells Fargo & Company	WFC-PA	59,649	3.2	11.9	1.3	New York Stock Exchange
Wells Fargo & Company	WFC-PD	54,150	3.2	11.9	1.3	New York Stock Exchange
ANZ Group Holdings Limited	AN3PI.AX	198,970	21.1	13.6	1.3	Australian Securities Exchange
Wells Fargo & Company	WFC-PY	181,883	3.2	11.9	1.3	New York Stock Exchange
ANZ Group Holdings Limited	AN3PJ.AX	197,797	0.0	0.0	0.0	Australian Securities Exchange
The Toronto-Dominion Bank	TD-PFI.TO	121,739	20.2	19.1	1.4	Toronto Stock Exchange
Westpac Banking Corporation	WBC.AX	74,037	-5.8	16.4	1.6	Australian Securities Exchange