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	5.9	14.2	1.1
Indian Oil Corporation Limited	1.4	14.3	1.0
Mediana / Indian Oil Corporation Limited	4.0	1.0	1.0

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Pozostałe spółki z branży Oil & Gas Refining & Marketing

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
Xinjiang International Industry Co.,Ltd	000159.SZ	386	-6.5	-6.3	1.4	Shenzhen
Sinopec Shanghai Petrochemical Company Limited	0338.HK	3,461	72.1	90.7	0.5	HKSE
Michang Oil Ind .Co.,Ltd.	003650.KS	126	2.0	3.3	0.4	KSE
SK Innovation Co., Ltd.	096770.KS	10,001	-11.4	-4.8	0.4	KSE
E1 Corporation	017940.KS	324	-5.3	7.0	0.3	KSE
SINOPEC Shandong Taishan Pectroleum CO.,LTD.	000554.SZ	479	18.2	25.7	3.1	Shenzhen
S-Oil Corporation	010955.KS	4,899	15.2	-18.4	0.9	KSE
SK Innovation Co., Ltd.	096775.KS	9,884	-11.7	-3.4	0.3	KSE
Shandong Shengli Co., Ltd.	000407.SZ	415	8.9	23.9	1.0	Shenzhen
Jiangsu Zhongsheng Gaoke Environmental Co.,Ltd.	002778.SZ	331	-31.0	-20.7	7.7	Shenzhen
Shenzhen Guangju Energy Co., Ltd.	000096.SZ	1,044	58.4	71.6	2.7	Shenzhen
SK Gas Co., Ltd.	018670.KS	1,457	-2.9	11.1	0.7	KSE
China LNG Group Limited	0931.HK	208	-122.1	-11.0	5.5	HKSE
Hankook Shell Oil Co.,Ltd.	002960.KS	409	11.4	15.3	4.4	KSE
Kunlun Energy Company Limited	0135.HK	8,891	4.1	10.7	1.0	HKSE
S-Oil Corporation	010950.KS	5,246	15.2	-18.4	0.9	KSE
Shanxi Meijin Energy Co.,Ltd.	000723.SZ	2,600	-30.0	-16.7	1.4	Shenzhen
China Oil And Gas Group Limited	0603.HK	84	-2.6	5.0	0.2	HKSE
Rabigh Refining and Petrochemical Company	2380.SR	3,068	-30.4	-2.5	1.2	Saudi
Alujain Corporation	2170.SR	678	28.7	-50.2	0.7	Saudi
Petron Malaysia Refining & Marketing Bhd	3042.KL	247	-0.3	58.1	0.4	Kuala Lumpur
Daesung Industrial Co., Ltd.	128820.KS	122	-4.7	25.8	0.3	KSE
United Strength Power Holdings Limited	2337.HK	90	-0.3	9.5	1.3	HKSE
Ningbo Bohui Chemical Technology Co.,Ltd	300839.SZ	343	-9.3	-9.6	6.9	Shenzhen
Hengyuan Refining Company Berhad	4324.KL	131	3.2	-1.6	0.5	Kuala Lumpur
HY Energy Group Co.,Ltd	600387.SS	91	-1.8	-2.0	0.3	Shanghai
PETRONAS Dagangan Berhad	5681.KL	4,902	11.2	19.1	3.5	Kuala Lumpur
Sinopec Shanghai Petrochemical Company Limited	600688.SS	3,472	50.8	226.8	1.3	Shanghai
Nagaoka International Corporation	6239.T	66	7.7	11.3	1.4	Tokyo
Fuji Kosan Company, Ltd.	5009.T	56	5.9	11.3	0.8	Tokyo
ENEOS Holdings, Inc.	5020.T	13,917	0.5	-594.8	0.7	Tokyo
Idemitsu Kosan Co.,Ltd.	5019.T	7,717	0.3	11.1	0.7	Tokyo
BP Castrol K.K.	5015.T	137	16.4	25.1	2.1	Tokyo
Formosa Petrochemical Corporation	6505.TW	12,839	24.3	81.2	1.3	Taiwan
Fuji Oil Company, Ltd.	5017.T	159	-40.3	-4.0	0.3	Tokyo
Shanghai Lonyer Fuels Co., Ltd.	603003.SS	133	-3.9	-2.8	0.3	Shanghai
Sinanen Holdings Co., Ltd.	8132.T	468	10.1	21.4	1.2	Tokyo
National Petroleum Co., Ltd.	9937.TW	648	10.2	26.3	3.3	Taiwan
Aqaseem Factory for Chemicals and Plastics Co.	9539.SR	51	8.8	2.1	0.3	Saudi
Jiangsu Lopal Tech. Co., Ltd.	603906.SS	1,110	-12.4	-15.8	3.2	Shanghai
Bangchak Corporation Public Company Limited	7BP.F	1,511	-1.4	26.3	0.8	Frankfurt Stock Exchange
Itochu Enex Co.,Ltd.	8133.T	1,356	3.1	11.4	1.1	Tokyo
Mitsuuroko Group Holdings Co.,Ltd.	8131.T	731	8.7	10.0	1.1	Tokyo
PTT Oil and Retail Business Public Company Limited	7F8.F	4,231	8.2	15.2	1.1	Frankfurt Stock Exchange
Sanrin Co., Ltd.	7486.T	58	6.4	10.3	0.4	Tokyo
San-Ai Obbli Co., Ltd.	8097.T	779	7.6	13.0	1.0	Tokyo
Kamei Corporation	8037.T	491	2.5	6.9	0.5	Tokyo
Ampol Limited	ALD.AX	3,995	2.3	50.2	1.9	Australian Securities Exchange
Aemetis, Inc.	AMTX	107	2.9	-1.2	-1.0	NASDAQ Global Market
Adams Resources & Energy, Inc.	AE	98	5.0	-9.5	1.2	American Stock Exchange
PT AKR Corporindo Tbk	AKRA.JK	1,595	8.2	11.8	2.1	Jakarta Stock Exchange
Bharat Petroleum Corporation Limited	BPCL.BO	15,756	2.7	6.8	1.6	Bombay Stock Exchange
BSRC_BANGCHAK SRIRACHA	BSRC.BK	550	-6.5	-7.4	0.7	Thailand
Bangchak Corporation Public Company Limited	BCP.BK	1,561	-1.3	27.5	0.8	Thailand
Bharat Petroleum Corporation Limited	BPCL.NS	15,738	2.7	6.8	1.6	National Stock Exchange of India
Castrol India Limited	CASTROLIND.NS	2,432	15.4	22.2	9.2	National Stock Exchange of India
CrossAmerica Partners LP	CAPL	835	-0.5	28.1	-9.7	New York Stock Exchange
Castrol India Limited	CASTROLIND.BO	2,433	15.4	22.2	9.2	Bombay Stock Exchange
DCC plc	DCC.L	6,278	3.6	21.7	1.6	London Stock Exchange
Delek US Holdings, Inc.	DK	1,240	5.1	-1.8	8.2	New York Stock Exchange
Channel Infrastructure NZ Limited	CHI.NZ	516	3.9	61.7	1.0	NZSE
Cosan S.A.	CSAN3.SA	2,744	-3.3	-1.4	1.9	São Paulo
Confidence Petroleum India Limited	CONFIPET.NS	229	4.2	21.4	1.4	National Stock Exchange of India
Clean Energy Fuels Corp.	CLNE	418	-6.3	-2.1	0.7	NASDAQ Global Select
Chennai Petroleum Corporation Limited	CHENNPETRO.NS	1,110	7.7	44.7	1.2	National Stock Exchange of India
Chennai Petroleum Corporation Limited	CHENNPETRO.BO	1,111	7.7	44.7	1.2	Bombay Stock Exchange
CVR Energy, Inc.	CVI	2,709	26.8	-13.7	4.7	New York Stock Exchange
Cosan S.A.	CSAN	2,746	-5.3	-1.6	1.4	New York Stock Exchange
Confidence Petroleum India Limited	CONFIPET.BO	229	4.2	21.4	1.4	Bombay Stock Exchange
Les Docks des Pétroles d'Ambès -SA	DPAM.PA	93	12.2	20.3	1.5	Paris
Esso S.A.F.	ES.PA	2,118	16.2	17.3	0.8	Paris
HF Sinclair Corporation	DINO	7,361	5.8	-52.0	0.8	New York Stock Exchange
China Aviation Oil (Singapore) Corporation Ltd	G92.SI	561	46.5	9.0	0.6	Stock Exchange of Singapore
Elinoil Hellenic Petroleum Company S.A.	ELIN.AT	64	-2.6	9.0	0.7	Athens
PT Surya Esa Perkasa Tbk	ESSA.JK	672	8.7	14.9	1.6	Jakarta Stock Exchange
Hindustan Petroleum Corporation Limited	HINDPETRO.BO	9,559	0.8	12.2	1.6	Bombay Stock Exchange
Hindustan Petroleum Corporation Limited	HINDPETRO.NS	9,547	0.8	12.2	1.6	National Stock Exchange of India
Gandhar Oil Refinery (India) Limited	GANDHAR.BO	195	8.1	22.0	1.4	Bombay Stock Exchange
Gandhar Oil Refinery (India) Limited	GANDHAR.NS	195	8.1	22.0	1.4	National Stock Exchange of India
Indian Oil Corporation Limited	IOC.BO	23,038	1.4	14.2	1.0	Bombay Stock Exchange
Public Joint Stock Company Slavneft-Yaroslavnefteorgsintez	JNOS.ME	285	0.9	3.0	0.2	Moscow Stock Exchange
Public Joint Stock Company Slavneft-Yaroslavnefteorgsintez	JNOSP.ME	227	0.9	3.0	0.2	Moscow Stock Exchange
IRPC Public Company Limited	IRPC.BK	504	-31.4	-2.0	0.2	Thailand
Indian Oil Corporation Limited	IOC.NS	23,020	1.4	14.2	1.0	National Stock Exchange of India
Motor Oil (Hellas) Corinth Refineries S.A.	MOH.AT	3,116	0.9	9.4	1.0	Athens
Mangalore Refinery and Petrochemicals Limited	MRPL.BO	2,830	5.4	434.1	1.9	Bombay Stock Exchange
Public Joint Stock Company Saratov Oil Refinery	KRKN.ME	79	2.2	113.7	0.1	Moscow Stock Exchange
Marathon Petroleum Corporation	MPC	51,030	2.5	21.4	3.2	New York Stock Exchange
Public Joint Stock Company Saratov Oil Refinery	KRKNP.ME	86	2.2	113.7	0.1	Moscow Stock Exchange
Thai Oil Public Company Limited	LQZ.F	1,996	-3.8	8.6	0.4	Frankfurt Stock Exchange
Mangalore Refinery and Petrochemicals Limited	MRPL.NS	2,828	5.4	434.1	1.9	National Stock Exchange of India
Neste Oyj	NESTE.HE	9,226	7.0	-27.0	1.1	Helsinki
NWF Group plc	NWF.L	114	1.7	10.6	1.0	London Stock Exchange
PTT Oil and Retail Business Public Company Limited	OR.BK	4,259	8.3	16.8	1.2	Thailand
PTT Oil and Retail Business Public Company Limited	OR-R.BK	4,259	8.3	16.8	1.2	Thailand
PBF Energy Inc.	PBF	2,450	0.2	-2.4	0.5	New York Stock Exchange
Panama Petrochem Limited	PANAMAPET.NS	255	9.3	11.8	1.8	National Stock Exchange of India
Par Pacific Holdings, Inc.	PARR	1,263	13.0	-22.6	1.2	New York Stock Exchange
Petronet LNG Limited	PETRONET.NS	5,245	9.5	11.4	2.3	National Stock Exchange of India
Panama Petrochem Limited	PANAMAPET.BO	254	9.3	11.8	1.8	Bombay Stock Exchange
Petronet LNG Limited	PETRONET.BO	5,243	9.5	11.4	2.3	Bombay Stock Exchange
Rubis	RUI.PA	3,453	1.8	8.9	1.1	Paris
Parkland Corporation	PKI.TO	4,859	0.2	33.5	2.1	Toronto Stock Exchange
Reliance Industries Limited	RLI.VI	224,537	11.2	27.8	2.3	Vienna
Phillips 66	R66.DE	44,650	5.0	23.4	1.6	Frankfurt Stock Exchange
Reliance Industries Limited	RLI.F	222,993	10.1	27.7	2.3	Frankfurt Stock Exchange
Reliance Industries Limited	RELIANCE.BO	224,411	9.3	27.7	2.3	Bombay Stock Exchange
Phillips 66	PSX	49,764	5.5	26.9	1.8	New York Stock Exchange
Reliance Industries Limited	RIGD.IL	227,956	11.2	27.9	2.4	International Order Book
Reliance Industries Limited	RELIANCE.NS	224,450	9.3	27.7	2.3	National Stock Exchange of India
Qatar Fuel Company Q.P.S.C.("WOQOD")	QFLS.QA	4,013	21.5	14.2	1.7	Qatar
Star Petroleum Refining Public Company Limited	SPRC.BK	763	7.2	-25.6	0.6	Thailand
Sunoco LP	SUN	7,249	-0.5	10.0	0.0	New York Stock Exchange
Siamgas and Petrochemicals Public Company Limited	SGP-R.BK	377	-3.0	9.3	0.7	Thailand
Star Group, L.P.	SGU	401	0.9	5.0	1.0	New York Stock Exchange
Sea Oil Public Company Limited	SEAOIL.BK	59	10.1	5.4	0.7	Thailand
Siamgas and Petrochemicals Public Company Limited	SGP.BK	377	-3.0	9.3	0.7	Thailand
Susco Public Company Limited	SUSCO.BK	84	0.1	9.3	0.6	Thailand
Türkiye Petrol Rafinerileri A.S.	TUPRS.IS	6,428	5.0	14.4	0.9	Istanbul Stock Exchange
Ultrapar Participações S.A.	UGPA3.SA	3,319	0.7	8.2	1.2	São Paulo
Ultrapar Participações S.A.	UGP	3,366	0.9	8.4	1.2	New York Stock Exchange
Thai Oil Public Company Limited	TOP.BK	2,034	-3.7	8.7	0.4	Thailand
Thai Oil Public Company Limited	TOP-R.BK	2,034	-3.7	8.7	0.4	Thailand
IRPC Public Company Limited	TPIG.F	494	-22.6	-1.6	0.2	Frankfurt Stock Exchange
Viva Energy Group Limited	VEA.AX	2,119	-2.5	-42.1	1.7	Australian Securities Exchange
World Kinect Corporation	WKC	1,585	-7.5	84.1	0.8	New York Stock Exchange
Valvoline Inc.	VVV	4,500	5.7	20.2	18.2	New York Stock Exchange
Valero Energy Corporation	VLO	42,004	8.1	45.3	1.8	New York Stock Exchange