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 |
8.8
|
17.9
|
1.7
|
| Mears Group plc |
0.7
|
6.8
|
1.7
|
| Mediana / Mears Group plc |
13.0
|
2.6
|
1.0
|
Pozostałe spółki z branży Personal Products & Services
| Nazwa firmy |
Symbol |
Kapitalizacja (mln $) |
EV/EBITDA |
P/E |
P/B |
Giełda |
| Carriage Services, Inc. |
CSV |
729 |
2.6 |
13.4 |
3.0 |
New York Stock Exchange |
| WW International, Inc. |
WW |
326 |
-24.3 |
-36.1 |
-2.2 |
NASDAQ Global Select |
| GPS Participações e Empreendimentos S.A. |
GGPS3.SA |
2,042 |
3.4 |
16.5 |
3.0 |
São Paulo |
| Novarese, Inc. |
9160.T |
55 |
-2.2 |
10.3 |
0.9 |
Tokyo |
| Siam Wellness Group Public Company Limited |
SPA.BK |
145 |
6.7 |
16.4 |
3.8 |
Thailand |
| Eastern Pioneer Driving School Co., Ltd |
603377.SS |
294 |
-1.4 |
-2.2 |
2.3 |
Shanghai |
| Rollins, Inc. |
ROL |
27,780 |
33.5 |
56.8 |
19.2 |
New York Stock Exchange |
| Fameglow Holdings Limited |
8603.HK |
165 |
6.9 |
19.7 |
12.1 |
HKSE |
| Apiam Animal Health Limited |
AHX.AX |
64 |
-0.1 |
761.1 |
0.8 |
Australian Securities Exchange |
| Service Corporation International |
SCI |
11,327 |
6.9 |
16.1 |
7.4 |
New York Stock Exchange |
| Shenghui Cleanness Grp Hldg |
2521.HK |
77 |
18.6 |
8.8 |
1.2 |
HKSE |
| Silver Life Co., Ltd. |
9262.T |
56 |
4.8 |
13.6 |
1.3 |
Tokyo |
| Mister Car Wash, Inc. |
MCW |
1,946 |
4.1 |
22.1 |
1.8 |
New York Stock Exchange |
| Take and Give. Needs Co., Ltd |
4331.T |
90 |
-0.3 |
3.6 |
0.7 |
Tokyo |
| Hubei Huarong Holding Co.,Ltd. |
600421.SS |
202 |
649.0 |
-132.0 |
112.3 |
Shanghai |
| ASIRO Inc. |
7378.T |
103 |
11.9 |
17.3 |
5.6 |
Tokyo |
| Heian Ceremony Service Co.,Ltd. |
2344.T |
86 |
7.8 |
9.4 |
0.6 |
Tokyo |
| Medifast, Inc. |
0K05.L |
145 |
16.5 |
39.9 |
0.7 |
London Stock Exchange |
| Smart Share Global Limited |
EM |
148 |
51.7 |
-72.5 |
0.4 |
NASDAQ Global Select |
| Boyd Group Services Inc. |
BYD.TO |
3,286 |
6.6 |
248.2 |
4.1 |
Toronto Stock Exchange |
| Medifast, Inc. |
MED |
146 |
16.5 |
39.9 |
0.7 |
New York Stock Exchange |
| H&R Block, Inc. |
HRB |
6,680 |
5.8 |
12.1 |
-35.3 |
New York Stock Exchange |
| Shine Justice Ltd |
SHJ.AX |
75 |
0.7 |
27.9 |
0.4 |
Australian Securities Exchange |
| XPS Pensions Group plc |
XPS.L |
1,030 |
11.6 |
26.6 |
4.4 |
London Stock Exchange |
| CVS Group plc |
CVSG.L |
1,204 |
5.4 |
51.3 |
3.4 |
London Stock Exchange |
| CEWE Stiftung & Co. KGaA |
CWC.DE |
777 |
5.3 |
11.0 |
1.6 |
Frankfurt Stock Exchange |
| lastminute.com N.V. |
0QT0.L |
204 |
12.1 |
25.3 |
4.1 |
London Stock Exchange |
| Lungyen Life Service Corporation |
5530.TWO |
793 |
11.4 |
15.3 |
0.9 |
Taipei Exchange |
| Bright Horizons Family Solutions Inc. |
BFAM |
6,855 |
21.5 |
39.3 |
5.0 |
New York Stock Exchange |
| Actic Group AB (publ) |
ATIC.ST |
65 |
-0.4 |
11.7 |
2.8 |
Stockholm Stock Exchange |
| Fu Shou Yuan International Group Limited |
1448.HK |
987 |
9.3 |
19.2 |
1.3 |
HKSE |
| H&R Block, Inc. |
0HOB.L |
6,746 |
5.8 |
12.1 |
-35.3 |
London Stock Exchange |
| Water Oasis Group Limited |
1161.HK |
77 |
5.1 |
8.9 |
1.9 |
HKSE |
| Art Vivant Co., Ltd. |
7523.T |
66 |
1.8 |
7.7 |
0.6 |
Tokyo |
| Perfect Medical Health Management Limited |
1830.HK |
255 |
5.4 |
9.7 |
5.3 |
HKSE |
| Mears Group plc |
MER.L |
418 |
0.7 |
6.8 |
1.7 |
London Stock Exchange |
| Convano Inc. |
6574.T |
410 |
173.0 |
92.1 |
4.1 |
Tokyo |
| AB&Company Co.,Ltd. |
9251.T |
94 |
0.9 |
12.8 |
1.7 |
Tokyo |
| Tear Corporation |
2485.T |
92 |
2.0 |
10.7 |
1.5 |
Tokyo |
| Poppins Corporation |
7358.T |
96 |
7.5 |
12.6 |
1.6 |
Tokyo |
| YY Group Holding Limited |
YYGH |
83 |
-16.5 |
-16.1 |
12.6 |
Nasdaq |
| IBJ, Inc. |
6071.T |
202 |
7.9 |
17.5 |
3.3 |
Tokyo |
| The Klinique Medical Clinic Public Company Limited |
KLINIQ.BK |
169 |
7.4 |
16.4 |
3.0 |
Thailand |
| MPM Corpóreos S.A. |
ESPA3.SA |
67 |
-1.1 |
41.5 |
0.4 |
São Paulo |
| TSUKADA GLOBAL HOLDINGS Inc. |
2418.T |
211 |
-0.5 |
7.0 |
1.0 |
Tokyo |
| Kamakura Shinsho, Ltd. |
6184.T |
149 |
23.1 |
32.0 |
6.0 |
Tokyo |
| Timex Group India Limited |
TIMEX.BO |
319 |
41.0 |
69.8 |
36.3 |
Bombay Stock Exchange |
| Musti Group Oyj |
MUSTI.HE |
784 |
8.6 |
524.9 |
4.1 |
Helsinki |
| Hakuyosha Company, Ltd. |
9731.T |
91 |
1.1 |
5.7 |
1.3 |
Tokyo |
| QB Net Holdings Co.,Ltd. |
6571.T |
119 |
1.3 |
24.2 |
1.2 |
Tokyo |
| STUDIO ALICE Co.,Ltd. |
2305.T |
249 |
8.3 |
26.6 |
1.2 |
Tokyo |
| Frontdoor, Inc. |
FTDR |
4,301 |
7.9 |
17.0 |
17.2 |
NASDAQ Global Select |
| Propel Funeral Partners Limited |
PFP.AX |
432 |
9.7 |
31.3 |
1.9 |
Australian Securities Exchange |
| Puig Brands SA |
PUIG.MC |
10,258 |
12.8 |
19.9 |
2.6 |
Madrid Stock Exchange |
| SAN Holdings, Inc. |
9628.T |
220 |
3.1 |
6.8 |
0.9 |
Tokyo |
| FIT EASY INC |
212A.T |
296 |
33.1 |
52.0 |
14.7 |
Tokyo |
| IKK Holdings Inc . |
2198.T |
158 |
7.1 |
15.0 |
2.3 |
Tokyo |