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	9.5	13.2	1.6
Intact Financial Corporation	13.9	24.2	3.0
Mediana / Intact Financial Corporation	0.7	0.5	0.5

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Pozostałe spółki z branży Insurance - Property & Casualty

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
Samsung Fire & Marine Insurance Co., Ltd.	000815.KS	12,984	8.6	9.0	1.2	KSE
Min Xin Holdings Limited	0222.HK	167	90.8	12.9	0.1	HKSE
The Hartford Financial Services Group, Inc.	0J3H.L	35,038	10.7	12.2	2.2	London Stock Exchange
Heungkuk Fire&Marine Insurance Co., Ltd.	000545.KS	199	5.6	2.3	0.4	KSE
The Progressive Corporation	0KOC.L	152,108	15.7	17.9	6.1	London Stock Exchange
Cincinnati Financial Corporation	0HYE.L	22,725	11.7	15.9	1.7	London Stock Exchange
Hanwha General Insurance Co., Ltd.	000370.KS	491	0.9	1.9	0.2	KSE
Lotte Non - Life Insurance Co., Ltd.	000400.KS	414	2.2	22.8	0.7	KSE
DB Insurance Co., Ltd.	005830.KS	5,482	3.4	4.0	0.8	KSE
W. R. Berkley Corporation	0HMZ.L	26,593	14.9	16.8	3.5	London Stock Exchange
Hyundai Marine & Fire Insurance Co., Ltd.	001450.KS	1,577	1.3	2.5	0.4	KSE
Heungkuk Fire&Marine Insurance Co., Ltd.	000540.KS	207	5.6	2.3	0.4	KSE
The Allstate Corporation	0HCZ.L	51,419	7.8	11.2	2.4	London Stock Exchange
Samsung Fire & Marine Insurance Co., Ltd.	000810.KS	13,288	8.6	9.0	1.2	KSE
Markel Corporation	0JYM.L	24,897	10.3	13.8	1.5	London Stock Exchange
Loews Corporation	0JVI.L	19,047	6.1	13.9	1.2	London Stock Exchange
The First Insurance Co., Ltd.	2852.TW	303	9.6	9.7	1.0	Taiwan
Shinkong Insurance Co., Ltd.	2850.TW	1,090	22.7	9.9	1.7	Taiwan
PICC Property and Casualty Company Limited	2328.HK	43,695	0.6	9.9	1.2	HKSE
The People's Insurance Company (Group) of China Limited	1339.HK	48,221	9,276.1	6.0	1.0	HKSE
Taiwan Fire & Marine Insurance Co., Ltd.	2832.TW	394	10.9	10.6	0.9	Taiwan
Chubb Limited	0VQD.L	112,881	11.7	13.6	1.8	London Stock Exchange
Anicom Holdings, Inc.	8715.T	360	19.2	16.0	1.8	Tokyo
Tokio Marine Holdings, Inc.	8766.T	80,620	14.0	10.6	2.2	Tokyo
Salama Cooperative Insurance Company	8050.SR	110	3.2	9.5	1.1	Saudi
LPI Capital Bhd	8621.KL	1,391	17.9	15.5	2.5	Kuala Lumpur
Malath Cooperative Insurance Company	8020.SR	180	2.9	24.4	1.5	Saudi
The People's Insurance Company (Group) of China Limited	601319.SS	49,656	3.6	8.6	1.4	Shanghai
Sompo Holdings, Inc.	8630.T	26,126	6.8	9.4	1.4	Tokyo
ZhongAn Online P & C Insurance Co., Ltd.	6060.HK	3,202	0.9	43.4	1.3	HKSE
MS&AD Insurance Group Holdings, Inc.	8725.T	33,170	9.5	7.1	1.2	Tokyo
Arabian Shield Cooperative Insurance Company	8070.SR	278	2.7	19.7	0.8	Saudi
Admiral Group plc	ADM.L	13,860	9.6	15.3	7.4	London Stock Exchange
American Financial Group, Inc.	AFG	10,457	15.9	13.2	2.4	New York Stock Exchange
Aspen Insurance Holdings Limited	AHL-PE	1,840	13.0	5.0	0.6	New York Stock Exchange
American Financial Group, Inc.	AFGE	10,709	15.9	13.2	2.4	New York Stock Exchange
The Allstate Corporation	ALL-PJ	7,039	7.5	12.8	2.3	New York Stock Exchange
The Allstate Corporation	ALL-PI	5,122	7.5	12.8	2.3	New York Stock Exchange
The Allstate Corporation	ALL-PH	52,414	7.5	12.8	2.3	New York Stock Exchange
American Financial Group, Inc.	AFGC	10,828	15.9	13.2	2.4	New York Stock Exchange
The Allstate Corporation	ALL-PB	50,947	7.5	12.8	2.3	New York Stock Exchange
American Financial Group, Inc.	AFGB	10,724	15.9	13.2	2.4	New York Stock Exchange
American Coastal Insurance Corporation	ACIC	522	-7.9	-2.7	1.9	NASDAQ Capital Market
American Financial Group, Inc.	AFGD	10,616	15.9	13.2	2.4	New York Stock Exchange
Aspen Insurance Holdings Limited	AHL-PD	1,193	13.0	5.0	0.6	New York Stock Exchange
Arabia Insurance Cooperative Company	8160.SR	172	4.0	4.2	0.2	Saudi
The Allstate Corporation	ALL	51,536	7.5	12.8	2.3	New York Stock Exchange
Beazley plc	BEZ.L	7,579	-19.1	6.4	2.0	London Stock Exchange
AXIS Capital Holdings Limited	AXS	7,759	8.5	9.5	1.4	New York Stock Exchange
Bowhead Specialty Holdings Inc.	BOW	1,166	21.9	28.5	3.1	New York Stock Exchange
AXIS Capital Holdings Limited	AXS-PE	7,943	8.5	9.5	1.4	New York Stock Exchange
Allianz Ayudhya Capital Public Company Limited	AYUD.BK	385	58.3	17.2	0.9	Thailand
Chubb Limited	CB	112,219	8.7	13.6	1.7	New York Stock Exchange
Cincinnati Financial Corporation	CINF	22,837	11.7	15.9	1.7	NASDAQ Global Select
Conifer Holdings, Inc.	CNFRZ	232	-0.2	0.4	0.4	NASDAQ Global Market
CNA Financial Corporation	CNA	12,292	10.7	14.0	1.2	New York Stock Exchange
Donegal Group Inc.	DGICA	674	7.9	9.9	1.2	NASDAQ Global Select
Definity Financial Corporation	DFY.TO	6,922	13.0	21.0	2.6	Toronto Stock Exchange
Donegal Group Inc.	DGICB	685	7.9	9.9	1.2	NASDAQ Global Select
FBD Holdings plc	EG7.IR	650	6.3	10.6	1.0	Irish
Fairfax Financial Holdings Limited	FFH.TO	40,109	6.9	9.8	1.6	Toronto Stock Exchange
Global Indemnity Group, LLC	GBLI	447	12.9	16.2	0.7	New York Stock Exchange
Helios Underwriting plc	HUW.L	216	29.2	9.5	1.2	London Stock Exchange
Hiscox Ltd	HSX.L	5,741	147.7	12.5	1.7	London Stock Exchange
Intact Financial Corporation	IFC.TO	40,563	13.9	24.3	3.0	Toronto Stock Exchange
Hagerty, Inc.	HGTY	914	8.3	33.9	5.6	New York Stock Exchange
HCI Group, Inc.	HCI	1,677	7.1	11.3	2.9	New York Stock Exchange
Intact Financial Corporation	IFC-PE.TO	12,553	13.9	24.3	3.0	Toronto Stock Exchange
Intact Financial Corporation	IFC-PA.TO	2,921	13.9	24.3	3.0	Toronto Stock Exchange
Horace Mann Educators Corporation	HMN	1,710	6.6	15.5	1.3	New York Stock Exchange
Insurance Australia Group Limited	IAG.AX	13,785	8.6	17.8	3.2	Australian Securities Exchange
Heritage Insurance Holdings, Inc.	HRTG	701	9.5	9.0	2.1	New York Stock Exchange
Intact Financial Corporation	IFC-PG.TO	15,923	13.9	24.3	3.0	Toronto Stock Exchange
Línea Directa Aseguradora, S.A.	LDA.MC	1,726	8.1	19.6	4.1	Madrid Stock Exchange
Kemper Corporation	KMPR	4,025	8.1	12.1	1.4	New York Stock Exchange
Loews Corporation	L	19,143	5.7	14.4	1.1	New York Stock Exchange
Kinsale Capital Group, Inc.	KNSL	11,044	22.9	27.3	7.0	New York Stock Exchange
Kemper Corporation 5.875% Fixed	KMPB	4,124	11.2	4.4	0.5	New York Stock Exchange
Lemonade, Inc.	LMND	3,082	-17.3	-15.1	6.0	New York Stock Exchange
Kingstone Companies, Inc.	KINS	212	1,197.3	9.9	2.5	NASDAQ Capital Market
Mercury General Corporation	MCY	3,645	12.3	12.6	2.0	New York Stock Exchange
Markel Corporation	MKL	24,885	10.3	13.8	1.5	New York Stock Exchange
Muang Thai Insurance Public Company Limited	MTI.BK	288	13.5	1.2	0.1	Thailand
Maiden Holdings, Ltd. 6.625 NT 2046	MHLA	1,289	-9.2	-7.0	39.3	New York Stock Exchange
NI Holdings, Inc.	NODK	264	8.4	52.9	1.1	NASDAQ Capital Market
Personal Group Holdings Plc	PGH.L	127	13.1	16.6	2.5	London Stock Exchange
Powszechny Zaklad Ubezpieczen SA	PZU.WA	15,304	1.3	9.9	1.6	Warsaw Stock Exchange
The Travelers Companies, Inc.	PA9.DE	61,743	14.5	14.2	2.2	Frankfurt Stock Exchange
The Progressive Corporation	PGR	151,070	12.9	17.9	5.4	New York Stock Exchange
ProAssurance Corporation	PRA	1,174	13.2	27.7	1.0	New York Stock Exchange
Palomar Holdings, Inc.	PLMR	3,837	33.1	31.8	5.4	NASDAQ Global Select
QBE Insurance Group Limited	QBE.AX	22,901	1.0	13.4	2.2	Australian Securities Exchange
Quálitas Controladora, S.A.B. de C.V.	Q.MX	3,985	20.5	12.7	2.9	Mexico
Safety Insurance Group, Inc.	SAFT	1,137	13.1	16.0	1.4	NASDAQ Global Select
Root, Inc.	ROOT	1,991	26.4	37.5	8.9	NASDAQ Global Select
Skyward Specialty Insurance Group, Inc.	SKWD	2,226	12.4	19.6	2.9	NASDAQ Global Select
Selective Insurance Group, Inc.	SIGI	5,160	12.4	22.5	1.6	NASDAQ Global Select
RLI Corp.	RLI	6,459	57.6	23.9	4.2	New York Stock Exchange
Selective Insurance Group, Inc.	SIGIP	1,028	12.4	22.5	1.6	NASDAQ Global Select
Suncorp Group Limited	SUN.AX	15,362	10.7	18.4	2.2	Australian Securities Exchange
Stewart Information Services Corporation	STC	1,847	8.4	24.9	1.3	New York Stock Exchange
Sjóvá-Almennar tryggingar hf.	SJOVA.IC	420	39.2	12.7	2.1	Iceland
The Hanover Insurance Group, Inc.	THG	5,816	9.5	13.8	2.0	New York Stock Exchange
Türkiye Sigorta Anonim Sirketi	TURSG.IS	2,114	5.8	3.0	1.3	Istanbul Stock Exchange
Tower Limited	TWR.AX	336	1.1	18.7	1.9	Australian Securities Exchange
W. R. Berkley Corporation 5.70% SB DB 2058	WRB-PE	29,067	12.5	16.8	3.3	New York Stock Exchange
Universal Insurance Holdings, Inc.	UVE	728	16.8	11.6	1.8	New York Stock Exchange
White Mountains Insurance Group, Ltd.	WTM	4,527	20.6	162.5	1.0	New York Stock Exchange
W. R. Berkley Corporation	WRB	26,832	12.5	16.8	3.3	New York Stock Exchange
Tower Limited	TWR.NZ	334	5.7	9.6	1.5	NZSE
The Travelers Companies, Inc.	TRV	58,354	3.7	14.1	2.1	New York Stock Exchange
United Fire Group, Inc.	UFCS	704	9.4	11.0	0.9	NASDAQ Global Select