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	10.4	13.4	1.5
Kemper Corporation 5.875% Fixed	11.2	4.4	0.5
Mediana / Kemper Corporation 5.875% Fixed	0.9	3.1	3.0

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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	12,999	6.1	9.3	1.2	KSE
Min Xin Holdings Limited	0222.HK	160	103.3	14.3	0.2	HKSE
The Hartford Financial Services Group, Inc.	0J3H.L	35,450	10.5	12.0	2.1	London Stock Exchange
Heungkuk Fire&Marine Insurance Co., Ltd.	000545.KS	200	-1.5	1.4	0.6	KSE
The Progressive Corporation	0KOC.L	153,128	15.4	17.6	6.0	London Stock Exchange
Cincinnati Financial Corporation	0HYE.L	23,237	11.8	16.1	1.7	London Stock Exchange
Hanwha General Insurance Co., Ltd.	000370.KS	465	-0.9	2.4	0.3	KSE
Lotte Non - Life Insurance Co., Ltd.	000400.KS	419	0.5	-92.9	1.2	KSE
DB Insurance Co., Ltd.	005830.KS	5,435	1.9	4.3	0.9	KSE
W. R. Berkley Corporation	0HMZ.L	27,166	14.5	16.4	3.4	London Stock Exchange
Hyundai Marine & Fire Insurance Co., Ltd.	001450.KS	1,573	-0.5	3.1	0.5	KSE
Heungkuk Fire&Marine Insurance Co., Ltd.	000540.KS	196	-1.5	1.4	0.6	KSE
The Allstate Corporation	0HCZ.L	52,198	7.8	11.2	2.4	London Stock Exchange
Samsung Fire & Marine Insurance Co., Ltd.	000810.KS	12,997	6.1	9.3	1.2	KSE
Markel Corporation	0JYM.L	25,242	10.4	13.9	1.5	London Stock Exchange
Loews Corporation	0JVI.L	19,351	6.4	14.2	1.2	London Stock Exchange
The First Insurance Co., Ltd.	2852.TW	300	9.5	9.6	1.0	Taiwan
Shinkong Insurance Co., Ltd.	2850.TW	1,086	22.1	9.5	1.6	Taiwan
PICC Property and Casualty Company Limited	2328.HK	42,844	0.6	9.5	1.2	HKSE
The People's Insurance Company (Group) of China Limited	1339.HK	46,612	8,815.3	5.7	0.9	HKSE
Taiwan Fire & Marine Insurance Co., Ltd.	2832.TW	385	10.6	10.1	0.9	Taiwan
Chubb Limited	0VQD.L	113,966	11.6	13.5	1.7	London Stock Exchange
Anicom Holdings, Inc.	8715.T	369	19.7	16.5	1.9	Tokyo
Tokio Marine Holdings, Inc.	8766.T	78,538	14.2	10.8	2.2	Tokyo
Salama Cooperative Insurance Company	8050.SR	109	-25.7	-24.1	1.3	Saudi
LPI Capital Bhd	8621.KL	1,395	18.3	15.7	2.6	Kuala Lumpur
Malath Cooperative Insurance Company	8020.SR	179	2.8	26.8	1.5	Saudi
The People's Insurance Company (Group) of China Limited	601319.SS	49,496	3.4	8.2	1.4	Shanghai
Sompo Holdings, Inc.	8630.T	26,062	7.0	9.6	1.4	Tokyo
ZhongAn Online P & C Insurance Co., Ltd.	6060.HK	3,013	0.8	37.3	1.1	HKSE
MS&AD Insurance Group Holdings, Inc.	8725.T	32,642	9.4	7.0	1.2	Tokyo
Arabian Shield Cooperative Insurance Company	8070.SR	276	25.0	24.4	0.8	Saudi
Admiral Group plc	ADM.L	13,999	9.7	15.5	7.5	London Stock Exchange
American Financial Group, Inc.	AFG	10,643	16.1	13.4	2.4	New York Stock Exchange
Aspen Insurance Holdings Limited	AHL-PE	1,845	12.7	4.9	0.5	New York Stock Exchange
American Financial Group, Inc.	AFGE	10,727	16.1	13.4	2.4	New York Stock Exchange
The Allstate Corporation	ALL-PJ	7,071	7.6	12.9	2.4	New York Stock Exchange
The Allstate Corporation	ALL-PI	5,161	7.6	12.9	2.4	New York Stock Exchange
The Allstate Corporation	ALL-PH	52,713	7.6	12.9	2.4	New York Stock Exchange
American Financial Group, Inc.	AFGC	10,816	16.1	13.4	2.4	New York Stock Exchange
The Allstate Corporation	ALL-PB	51,006	7.6	12.9	2.4	New York Stock Exchange
American Financial Group, Inc.	AFGB	10,734	16.1	13.4	2.4	New York Stock Exchange
American Coastal Insurance Corporation	ACIC	534	-8.2	-2.9	2.0	NASDAQ Capital Market
American Financial Group, Inc.	AFGD	10,672	16.1	13.4	2.4	New York Stock Exchange
Aspen Insurance Holdings Limited	AHL-PD	1,193	12.7	4.9	0.5	New York Stock Exchange
Arabia Insurance Cooperative Company	8160.SR	170	30.7	23.7	1.0	Saudi
The Allstate Corporation	ALL	52,434	7.6	12.9	2.4	New York Stock Exchange
Beazley plc	BEZ.L	7,637	-18.9	6.4	2.0	London Stock Exchange
AXIS Capital Holdings Limited	AXS	7,795	8.3	9.1	1.4	New York Stock Exchange
Bowhead Specialty Holdings Inc.	BOW	1,173	21.0	27.4	3.0	New York Stock Exchange
AXIS Capital Holdings Limited	AXS-PE	7,784	8.3	9.1	1.4	New York Stock Exchange
Allianz Ayudhya Capital Public Company Limited	AYUD.BK	385	59.1	17.4	0.9	Thailand
Chubb Limited	CB	113,726	8.6	13.4	1.7	New York Stock Exchange
Cincinnati Financial Corporation	CINF	23,225	11.8	16.1	1.7	NASDAQ Global Select
Conifer Holdings, Inc.	CNFRZ	231	-0.2	0.4	0.4	NASDAQ Global Market
CNA Financial Corporation	CNA	12,365	10.6	13.8	1.2	New York Stock Exchange
Donegal Group Inc.	DGICA	687	7.9	9.8	1.2	NASDAQ Global Select
Definity Financial Corporation	DFY.TO	6,938	13.7	21.2	2.6	Toronto Stock Exchange
Donegal Group Inc.	DGICB	667	7.9	9.8	1.2	NASDAQ Global Select
FBD Holdings plc	EG7.IR	648	6.4	10.7	1.0	Irish
Fairfax Financial Holdings Limited	FFH.TO	40,437	6.7	9.6	1.6	Toronto Stock Exchange
Global Indemnity Group, LLC	GBLI	447	12.5	15.6	0.6	New York Stock Exchange
Helios Underwriting plc	HUW.L	219	29.0	9.4	1.2	London Stock Exchange
Hiscox Ltd	HSX.L	5,757	145.7	12.3	1.6	London Stock Exchange
Intact Financial Corporation	IFC.TO	40,893	13.9	24.2	3.0	Toronto Stock Exchange
Hagerty, Inc.	HGTY	924	8.4	34.3	5.6	New York Stock Exchange
HCI Group, Inc.	HCI	1,695	6.9	11.1	2.8	New York Stock Exchange
Intact Financial Corporation	IFC-PE.TO	12,545	13.9	24.2	3.0	Toronto Stock Exchange
Intact Financial Corporation	IFC-PA.TO	2,961	13.9	24.2	3.0	Toronto Stock Exchange
Horace Mann Educators Corporation	HMN	1,737	6.5	15.4	1.3	New York Stock Exchange
Insurance Australia Group Limited	IAG.AX	13,412	8.1	16.9	3.1	Australian Securities Exchange
Heritage Insurance Holdings, Inc.	HRTG	714	9.6	9.1	2.2	New York Stock Exchange
Intact Financial Corporation	IFC-PG.TO	15,938	13.9	24.2	3.0	Toronto Stock Exchange
Línea Directa Aseguradora, S.A.	LDA.MC	1,743	8.1	19.8	4.1	Madrid Stock Exchange
Kemper Corporation	KMPR	4,069	7.9	11.8	1.4	New York Stock Exchange
Loews Corporation	L	19,374	5.9	14.8	1.1	New York Stock Exchange
Kinsale Capital Group, Inc.	KNSL	11,100	22.8	27.2	7.0	New York Stock Exchange
Kemper Corporation 5.875% Fixed	KMPB	4,131	11.3	4.5	0.5	New York Stock Exchange
Lemonade, Inc.	LMND	3,112	-16.4	-14.3	5.7	New York Stock Exchange
Kingstone Companies, Inc.	KINS	219	1,197.4	10.1	2.6	NASDAQ Capital Market
Mercury General Corporation	MCY	3,728	12.6	13.0	2.0	New York Stock Exchange
Markel Corporation	MKL	25,395	10.4	13.9	1.5	New York Stock Exchange
Muang Thai Insurance Public Company Limited	MTI.BK	290	14.2	1.2	0.1	Thailand
Maiden Holdings, Ltd. 6.625 NT 2046	MHLA	1,272	-9.1	-6.9	38.7	New York Stock Exchange
NI Holdings, Inc.	NODK	272	8.6	53.8	1.1	NASDAQ Capital Market
Personal Group Holdings Plc	PGH.L	124	13.4	17.1	2.6	London Stock Exchange
Powszechny Zaklad Ubezpieczen SA	PZU.WA	14,788	1.4	10.0	1.7	Warsaw Stock Exchange
The Travelers Companies, Inc.	PA9.DE	61,611	14.8	14.4	2.2	Frankfurt Stock Exchange
The Progressive Corporation	PGR	153,391	12.7	17.6	5.3	New York Stock Exchange
ProAssurance Corporation	PRA	1,207	13.8	28.6	1.0	New York Stock Exchange
Palomar Holdings, Inc.	PLMR	3,948	30.6	29.3	5.0	NASDAQ Global Select
QBE Insurance Group Limited	QBE.AX	22,371	1.0	13.0	2.2	Australian Securities Exchange
Quálitas Controladora, S.A.B. de C.V.	Q.MX	4,093	20.2	12.5	2.8	Mexico
Safety Insurance Group, Inc.	SAFT	1,154	12.9	15.7	1.3	NASDAQ Global Select
Root, Inc.	ROOT	2,007	24.8	34.8	8.3	NASDAQ Global Select
Skyward Specialty Insurance Group, Inc.	SKWD	2,263	11.8	18.7	2.7	NASDAQ Global Select
Selective Insurance Group, Inc.	SIGI	5,247	12.4	22.4	1.6	NASDAQ Global Select
RLI Corp.	RLI	6,580	56.4	23.4	4.1	New York Stock Exchange
Selective Insurance Group, Inc.	SIGIP	1,028	12.4	22.4	1.6	NASDAQ Global Select
Suncorp Group Limited	SUN.AX	14,929	10.3	17.9	2.1	Australian Securities Exchange
Stewart Information Services Corporation	STC	1,868	8.6	25.4	1.3	New York Stock Exchange
Sjóvá-Almennar tryggingar hf.	SJOVA.IC	426	39.3	12.7	2.1	Iceland
The Hanover Insurance Group, Inc.	THG	5,890	9.2	13.4	1.9	New York Stock Exchange
Türkiye Sigorta Anonim Sirketi	TURSG.IS	2,104	5.9	3.0	1.3	Istanbul Stock Exchange
Tower Limited	TWR.AX	332	1.1	18.7	1.9	Australian Securities Exchange
W. R. Berkley Corporation 5.70% SB DB 2058	WRB-PE	29,092	12.2	16.4	3.2	New York Stock Exchange
Universal Insurance Holdings, Inc.	UVE	730	16.2	10.9	1.7	New York Stock Exchange
White Mountains Insurance Group, Ltd.	WTM	4,595	20.8	163.8	1.0	New York Stock Exchange
W. R. Berkley Corporation	WRB	27,120	12.2	16.4	3.2	New York Stock Exchange
Tower Limited	TWR.NZ	332	5.7	9.7	1.5	NZSE
The Travelers Companies, Inc.	TRV	59,844	3.6	14.0	2.1	New York Stock Exchange
United Fire Group, Inc.	UFCS	717	9.3	10.8	0.8	NASDAQ Global Select