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	15.0	21.9	2.8
Opera Limited	8.5	10.1	0.9
Mediana / Opera Limited	1.8	2.2	3.1

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Pozostałe spółki z branży Internet Content & Information

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
NAVER Corporation	035420.KS	31,945	8.5	21.8	1.7	KSE
Pacific Online Limited	0543.HK	58	11.7	9.5	0.6	HKSE
Tencent Holdings Limited	0700.HK	590,185	16.8	22.0	4.4	HKSE
KidariStudio, Inc.	020120.KS	111	8.6	-19.6	0.7	KSE
China Literature Limited	0772.HK	3,809	40.2	-127.9	1.5	HKSE
Kakao Corp.	035720.KS	22,666	12.6	545.6	3.0	KSE
Visual China Group Co.,Ltd.	000681.SZ	1,840	87.6	113.9	3.8	Shenzhen
NanJi E-Commerce Co., LTD	002127.SZ	1,340	-33.5	-31.7	2.2	Shenzhen
AfreecaTV Co., Ltd.	067160.KQ	743	8.8	10.4	2.8	KOSDAQ
GA technologies Co., Ltd.	3491.T	494	5.2	29.2	2.8	Tokyo
Phoenix Media Investment (Holdings) Limited	2008.HK	74	-14.0	-2.3	0.2	HKSE
Hello Group Inc.	1MO.F	1,375	4.7	10.3	1.0	Frankfurt Stock Exchange
FreeBit Co., Ltd.	3843.T	211	5.1	8.7	2.0	Tokyo
MarkLines Co., Ltd.	3901.T	173	13.8	16.1	3.9	Tokyo
Cross Marketing Group Inc.	3675.T	94	6.9	14.3	2.4	Tokyo
Maoyan Entertainment	1896.HK	1,105	26.7	42.3	0.9	HKSE
Snap Inc.	1SI.DE	13,942	-34.0	-26.3	6.1	Frankfurt Stock Exchange
COL Digital Publishing Group Co., Ltd.	300364.SZ	2,565	-79.7	-69.5	20.2	Shenzhen
PR TIMES, Inc.	3922.T	215	18.1	27.4	4.4	Tokyo
Temairazu, Inc.	2477.T	137	16.6	18.8	2.9	Tokyo
Ateam Inc.	3662.T	156	11.7	12.8	2.1	Tokyo
ZIGExN Co., Ltd.	3679.T	321	7.9	12.0	2.4	Tokyo
Kakaku.com, Inc.	2371.T	3,639	17.2	26.2	8.5	Tokyo
m-up holdings, Inc.	3661.T	531	20.6	46.1	9.9	Tokyo
Autohome Inc.	2518.HK	3,048	22.3	12.5	0.9	HKSE
Kuaishou Technology	1024.HK	31,500	11.2	15.7	3.9	HKSE
Meitu, Inc.	1357.HK	4,822	61.9	43.1	6.9	HKSE
Beijing Zhidemai Technology Co., Ltd.	300785.SZ	850	69.4	75.0	3.5	Shenzhen
Tian Ge Interactive Holdings Limited	1980.HK	94	-2,112.4	33.7	0.3	HKSE
Prosus N.V.	1TY.DE	121,894	14.0	30.8	4.9	Frankfurt Stock Exchange
Newretail Co., Ltd	3085.TWO	51	-36.9	-20.9	3.1	Taipei Exchange
LIFULL Co., Limited	2120.T	170	9.8	-5.0	1.0	Tokyo
Sharingtechnology, Inc.	3989.T	163	12.5	16.4	6.3	Tokyo
Adways Inc.	2489.T	90	-74.6	5.2	0.8	Tokyo
OpenDoor Inc.	3926.T	107	-240.7	-131.1	3.6	Tokyo
Zhihu Inc.	2390.HK	321	-13.6	-4.6	0.2	HKSE
UUUM Co.,Ltd.	3990.T	73	13.0	19.9	2.9	Tokyo
Gurunavi, Inc.	2440.T	99	45.2	55.9	2.4	Tokyo
Hubei Century Network Technology Inc.	300494.SZ	906	-28.6	-25.8	4.4	Shenzhen
Cookpad Inc.	2193.T	117	21.6	12.9	1.3	Tokyo
LY Corporation	4689.T	25,596	7.4	23.8	1.2	Tokyo
Firstlogic,Inc.	6037.T	146	18.1	23.0	3.9	Tokyo
Imagineer Co.,Ltd.	4644.T	67	22.6	16.0	0.8	Tokyo
GMO Media Inc.	6180.T	61	13.5	13.8	3.3	Tokyo
GMO TECH, Inc.	6026.T	52	10.1	12.8	7.6	Tokyo
Inkeverse Group Limited	3700.HK	296	14.9	11.5	0.5	HKSE
Shanghai Oriental Pearl Group Co., Ltd.	600637.SS	3,446	22.0	37.0	0.8	Shanghai
Geniee, Inc.	6562.T	147	3.7	12.5	3.1	Tokyo
WILLs Inc.	4482.T	99	10.2	14.2	7.1	Tokyo
Sunfun Info Co., Ltd.	5278.TWO	295	29.1	42.9	13.6	Taipei Exchange
Visional, Inc.	4194.T	3,007	24.6	32.0	7.2	Tokyo
People.cn CO., LTD	603000.SS	3,050	65.4	101.5	5.9	Shanghai
unerry,Inc.	5034.T	69	37.9	70.5	5.2	Tokyo
Jenoba Co.,Ltd.	5570.T	63	15.1	18.3	3.2	Tokyo
coconala Inc.	4176.T	68	34.0	36.5	3.7	Tokyo
Oricon Inc.	4800.T	69	8.0	10.0	1.8	Tokyo
Proto Corporation	4298.T	582	11.2	0.0	0.0	Tokyo
Beijing Bohui Science & Technology Co., Ltd.	688004.SS	211	-46.4	-40.0	2.3	Shanghai
Zhejiang Daily Digital Culture Group Co.,Ltd.	600633.SS	2,368	22.1	31.3	1.7	Shanghai
Weathernews Inc.	4825.T	590	21.4	30.2	4.2	Tokyo
MINKABU THE INFONOID, Inc.	4436.T	54	-0.1	-1.4	25.0	Tokyo
Alphabet Inc.	ABEA.F	2,039,144	13.5	18.3	5.9	Frankfurt Stock Exchange
Alphabet Inc.	ABEA.DE	2,039,144	13.6	18.4	5.9	Frankfurt Stock Exchange
Alphabet Inc.	ABEC.DE	2,065,497	13.8	18.5	6.0	Frankfurt Stock Exchange
Jimoty, Inc.	7082.T	79	23.6	25.8	8.0	Tokyo
Xinhuanet Co., Ltd.	603888.SS	1,699	34.9	49.5	3.4	Shanghai
Livero Inc.	9245.T	62	21.3	28.7	4.0	Tokyo
Port Inc.	7047.T	175	5.4	13.1	2.9	Tokyo
Baidu, Inc.	9888.HK	30,102	4.9	10.4	0.8	HKSE
Zenrin Co., Ltd.	9474.T	376	6.9	20.8	1.1	Tokyo
Alphabet Inc.	ABEC.F	2,043,920	13.6	18.4	5.9	Frankfurt Stock Exchange
AlphaPolis Co., Ltd.	9467.T	299	16.8	21.4	3.2	Tokyo
Weibo Corporation	9898.HK	2,308	4.5	7.8	0.7	HKSE
The Arena Group Holdings, Inc.	AREN	304	7.2	42.8	-2.3	American Stock Exchange
Baidu, Inc.	B1C.F	31,554	6.1	10.4	0.8	Frankfurt Stock Exchange
PT Era Digital Media Tbk	AWAN.JK	52	92.3	1,251.6	9.0	Jakarta Stock Exchange
Airtasker Limited	ART.AX	78	-8.1	-6.1	4.3	Australian Securities Exchange
Asset Entities Inc.	ASST	75	-12.1	-9.6	14.1	NASDAQ Capital Market
Autohome Inc.	ATHM	789	6.8	3.2	0.2	New York Stock Exchange
Angi Inc.	ANGI	751	5.0	14.8	0.7	NASDAQ Global Select
Auto Trader Group plc	AUTO.L	9,633	18.1	25.9	12.6	London Stock Exchange
Baltic Classifieds Group PLC	BCG.L	2,424	34.2	54.3	6.3	London Stock Exchange
Brave Bison Group plc	BBSN.L	53	14.8	17.7	1.9	London Stock Exchange
CAR Group Limited	CAR.AX	9,041	21.4	54.1	4.5	Australian Securities Exchange
Méliuz S.A.	CASH3.SA	143	17.8	-76.3	1.8	São Paulo
Cheche Group Inc.	CCG	62	-8.6	-7.1	1.2	New York Stock Exchange
BuzzFeed, Inc.	BZFD	76	-53.8	6.1	0.8	NASDAQ Global Market
Baidu, Inc.	BIDU	30,179	4.8	8.2	0.8	NASDAQ Global Select
CarGurus, Inc.	CARG	3,303	17.0	88.7	8.5	NASDAQ Global Select
Audioboom Group plc	BOOM.L	77	-18.9	-13.7	51.7	London Stock Exchange
Trump Media & Technology Group Corp.	DJT	5,067	-51.0	-38.3	4.5	NASDAQ Global Market
Trump Media & Technology Group Corp.	DJTWW	5,150	-51.0	-38.3	4.5	NASDAQ Global Market
DoorDash, Inc.	DASH	100,046	131.2	293.6	11.9	NASDAQ Global Select
Domain Holdings Australia Limited	DHG.AX	1,794	20.5	51.7	2.5	Australian Securities Exchange
DouYu International Holdings Limited	DOYU	1,965	-29.0	-46.9	3.3	NASDAQ Global Select
Meta Platforms, Inc.	FB2A.DE	1,821,931	19.5	26.8	9.7	Frankfurt Stock Exchange
Frontier Digital Ventures Limited	FDV.AX	58	-173.9	-8.9	0.7	Australian Securities Exchange
VerticalScope Holdings Inc.	FORA.TO	63	1.3	-3,905.0	0.7	Toronto Stock Exchange
Fiverr International Ltd.	FVRR	1,060	298.9	57.8	2.8	New York Stock Exchange
EverQuote, Inc.	EVER	871	23.4	22.6	5.8	NASDAQ Global Market
Meta Platforms, Inc.	FB2A.F	1,821,931	19.6	26.9	9.7	Frankfurt Stock Exchange
HomeToGo SE	HTG.F	268	-46.6	-5.2	0.7	Frankfurt Stock Exchange
HomeToGo SE	HTG.DE	267	-46.6	-5.2	0.7	Frankfurt Stock Exchange
Hemnet Group AB (publ)	HEM.ST	2,756	34.2	52.3	21.7	Stockholm Stock Exchange
Alphabet Inc.	GOOG.NE	1,962,788	13.1	18.1	5.8	NEO
Alphabet Inc.	GOOGL	2,036,342	13.5	18.3	5.9	NASDAQ Global Select
Genius Sports Limited	GENI	2,416	166.8	-54.8	3.5	New York Stock Exchange
Getty Images Holdings, Inc.	GETY	732	3.4	-9.2	1.2	New York Stock Exchange
Alphabet Inc.	GOOG	2,035,235	13.5	18.3	5.9	NASDAQ Global Select
IAC InterActive Corp.	IAC	2,982	-17.9	-3.8	0.7	NASDAQ Global Select
Groupon, Inc.	GRPN	1,436	897.0	-36.3	31.6	NASDAQ Global Select
Nextdoor Holdings, Inc.	KIND	616	-5.6	-6.7	1.4	New York Stock Exchange
Jiayin Group Inc.	JFIN	894	5.5	6.0	2.0	NASDAQ Global Market
IndiaMART InterMESH Limited	INDIAMART.NS	1,839	24.5	28.8	7.2	National Stock Exchange of India
Just Dial Limited	JUSTDIAL.BO	911	12.8	13.1	1.7	Bombay Stock Exchange
Just Dial Limited	JUSTDIAL.NS	910	12.8	13.1	1.7	National Stock Exchange of India
IndiaMART InterMESH Limited	INDIAMART.BO	1,840	24.5	28.8	7.2	Bombay Stock Exchange
Moneysupermarket.com Group PLC	MONY.L	1,573	8.6	14.4	4.8	London Stock Exchange
Meta Platforms, Inc.	META	1,786,352	19.4	27.0	9.7	NASDAQ Global Select
Matrimony.com Limited	MATRIMONY.NS	134	14.5	25.6	4.8	National Stock Exchange of India
Meta Platforms, Inc.	META.NE	1,865,169	20.2	26.5	9.5	Cboe CA
Match Group, Inc.	MTCH	7,729	4.9	14.5	-43.4	NASDAQ Global Select
Hello Group Inc.	MOMO	1,405	5.3	10.5	1.0	NASDAQ Global Select
Matrimony.com Limited	MATRIMONY.BO	134	14.5	25.6	4.8	Bombay Stock Exchange
MediaAlpha, Inc.	MAX	733	16.1	38.3	76.3	New York Stock Exchange
Mobile Streams Plc	MOS.L	80	-49.0	-31.9	18.5	London Stock Exchange
Tencent Holdings Limited	NNND.F	597,180	22.7	30.2	4.7	Frankfurt Stock Exchange
Naspers Limited	NPN.JO	504	-93.8	40.5	3.2	Johannesburg
National World Plc	NWOR.L	84	9.7	24.5	1.6	London Stock Exchange
Opera Limited	OPRA	813	8.2	9.6	0.9	NASDAQ Global Select
Tencent Holdings Limited	NNND.VI	596,334	22.6	30.1	4.7	Vienna
Info Edge (India) Limited	NAUKRI.NS	11,423	47.0	102.5	2.8	National Stock Exchange of India
NextNav Inc.	NNAVW	847	-26.4	-15.2	297.8	NASDAQ Capital Market
Outbrain Inc.	OB	258	39.2	-4.2	0.4	NASDAQ Global Select
Info Edge (India) Limited	NAUKRI.BO	11,440	47.0	102.5	2.8	Bombay Stock Exchange
Perion Network Ltd.	PERI	444	1,066.0	-58.7	0.6	NASDAQ Global Select
PT NFC Indonesia Tbk	NFCX.JK	70	-73.8	-33.1	4.1	Jakarta Stock Exchange
NextNav Inc.	NN	2,006	-26.4	-15.2	297.8	NASDAQ Capital Market
Tencent Holdings Limited	NNN1.VI	592,105	22.7	30.2	4.7	Vienna
Prosus N.V.	PRX.AS	121,665	612.2	25.0	4.1	Amsterdam
Rightmove plc	RMV.L	8,232	23.5	31.8	75.8	London Stock Exchange
REA Group Limited	REA.AX	20,122	39.5	50.2	16.8	Australian Securities Exchange
Courtside Group, Inc. Common Stock	PODC	60	-11.1	-9.2	3.8	NASDAQ
Readly International AB (publ)	READ.ST	168	24.1	9.4	14.3	Stockholm Stock Exchange
Reddit, Inc.	RDDT	26,181	921.3	219.1	11.6	New York Stock Exchange
Public Joint Stock Company RBC	RBCM.ME	59	-4.2	8.9	-0.3	Moscow Stock Exchange
Pinterest, Inc.	PINS	23,990	117.5	12.8	5.2	New York Stock Exchange
Vivid Seats Inc.	SEAT	208	0.1	-85.1	0.6	NASDAQ Global Select
Shutterstock, Inc.	SSTK	668	5.0	17.1	1.2	New York Stock Exchange
Snap Inc.	SNAP	13,754	-34.1	-26.5	6.1	New York Stock Exchange
Spotify Technology S.A.	SPOT	150,994	81.8	113.2	21.1	New York Stock Exchange
Similarweb Ltd.	SMWB	617	378.6	-53.2	22.1	New York Stock Exchange
Super League Enterprise, Inc.	SLE	135	1.1	-0.2	-0.2	NASDAQ Capital Market
Taboola.com, Ltd.	TBLAW	1,154	10.9	37.5	1.2	NASDAQ Global Select
TrueCar, Inc.	TRUE	158	-11.7	-4.4	1.4	NASDAQ Global Select
TechTarget, Inc.	TTGT	528	28.5	-17.3	0.8	NASDAQ Global Market
Taboola.com Ltd.	TBLA	1,185	10.9	37.5	1.2	NASDAQ Global Select
Team Internet Group plc	TIG.L	209	2.3	-12.1	2.3	London Stock Exchange
Thryv Holdings, Inc.	THRY	551	-22.9	-5.2	2.8	NASDAQ Capital Market
Upexi, Inc.	UPXI	149	-4.8	-0.2	2.9	NASDAQ Capital Market
Twilio Inc.	TWLO	18,474	82.1	-547.9	2.3	New York Stock Exchange
trivago N.V.	TRVG	281	-14.1	-10.2	1.2	NASDAQ Global Select
Tencent Music Entertainment Group	TME	29,362	18.9	21.6	2.8	New York Stock Exchange
Carta Holdings, Inc.	3688.T	364	14.7	17.5	1.9	Tokyo
JOYY Inc.	YY	2,138	11.1	-0.8	0.0	NASDAQ Global Select
Weibo Corporation	WB	2,415	4.9	7.8	0.7	NASDAQ Global Select
Zillow Group, Inc. Class A	ZG	16,978	140.1	-210.0	3.6	NASDAQ Global Select
Zedge, Inc.	ZDGE	53	756.6	-29.6	1.9	American Stock Exchange
Yelp Inc.	YELP	2,196	10.4	15.7	3.1	New York Stock Exchange
Zoomd Technologies Ltd.	ZOMD.V	89	6.4	7.1	4.1	Toronto Stock Exchange Ventures
Zhihu Inc.	ZH	347	-13.6	-14.4	0.6	New York Stock Exchange
Zillow Group, Inc. Class C	Z	16,965	140.1	-210.0	3.6	NASDAQ Global Select