Kalkulacja wyceny (mln)
Wartość firmy (EV)	-
Dług netto	-
Gotówka	-
Udziały mniejszościowe	-
Ilość akcji	-
Wartość godziwa firmy	-
Wartość godziwa akcji	-

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	10.5	23.3	2.0
EuroEyes International Eye Clinic Limited	9.0	12.1	0.9
Mediana / EuroEyes International Eye Clinic Limited	1.2	1.9	2.2

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Pozostałe spółki z branży Medical - Care Facilities

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
Humana AB (publ)	HUM.ST	182	-2.4	8.9	0.6	Stockholm Stock Exchange
Fresenius Medical Care AG & Co. KGaA	FME.DE	15,671	1.2	21.8	0.9	Frankfurt Stock Exchange
Surgery Partners, Inc.	SGRY	2,861	-1.6	-14.6	1.6	NASDAQ Global Select
American Oncology Network, Inc.	AONC	292	114.1	-21.7	7.2	NASDAQ Capital Market
Bangkok Dusit Medical Services Public Company Limited	BDMS-R.BK	10,502	12.2	20.9	3.3	Thailand
Encompass Health Corporation	EHC	11,096	6.8	22.3	5.1	New York Stock Exchange
Summerset Group Holdings Limited	SNZ.AX	1,694	54.6	6.8	0.9	Australian Securities Exchange
Option Care Health, Inc.	OPCH	4,827	9.3	22.8	3.6	NASDAQ Global Select
Shalby Limited	SHALBY.NS	245	11.1	293.1	2.1	National Stock Exchange of India
China Resources Medical Holdings Company Limited	1515.HK	678	3.2	8.4	0.8	HKSE
Bangkok Dusit Medical Services Public Company Limited	BDMS.BK	10,502	12.2	20.9	3.3	Thailand
Ladprao General Hospital Public Company Limited	LPH.BK	85	6.5	26.1	1.4	Thailand
Talkspace, Inc.	TALKW	325	-121.7	-96.9	3.7	NASDAQ Global Select
Oceania Healthcare Limited	OCA.AX	314	44.9	17.3	0.5	Australian Securities Exchange
Rainbow Children's Medicare Limited	RAINBOW.NS	1,799	28.0	63.7	10.6	National Stock Exchange of India
HealthCare Global Enterprises Limited	HCG.BO	934	15.3	180.8	8.7	Bombay Stock Exchange
EMEIS	EMEIS.PA	1,888	-8.4	-4.3	1.0	Paris
Cross Country Healthcare, Inc.	CCRN	419	-1,282.6	-23.3	1.0	NASDAQ Global Select
Bumrungrad Hospital Public Company Limited	BH-R.BK	3,559	11.7	15.3	3.9	Thailand
Beijing Health (Holdings) Limited	2389.HK	72	-10.5	-4.8	0.3	HKSE
Guangdong Kanghua Healthcare Co., Ltd.	3689.HK	76	2.5	10.8	0.4	HKSE
EMC Instytut Medyczny SA	EMC.WA	129	7.2	38.4	2.1	Warsaw Stock Exchange
Ambea AB (publ)	AMBEA.ST	965	-0.7	15.8	2.0	Stockholm Stock Exchange
Aevis Victoria SA	AEVS.SW	1,421	1.2	-396.8	2.1	Swiss Exchange
biote Corp.	BTMD	154	10.2	5.8	-1.5	NASDAQ Global Market
Rajthanee Hospital Public Company Limited	RJH.BK	119	3.9	8.8	1.9	Thailand
Acadia Healthcare Company, Inc.	ACHC	2,019	-0.4	10.7	0.7	NASDAQ Global Select
Beauty Farm Medical and Health Industry Inc.	2373.HK	900	14.5	27.7	6.7	HKSE
Concord Healthcare Grp Co Ltd	2453.HK	650	-8.5	-10.3	2.8	HKSE
Ratchaphruek Hospital Public Company Limited	RPH.BK	84	10.5	15.2	1.5	Thailand
Pihlajalinna Oyj	PIHLIS.HE	395	1.6	10.9	1.9	Helsinki
Healthcare Services Group, Inc.	HCSG	925	13.0	22.6	1.8	NASDAQ Global Select
KPJ Healthcare Berhad	5878.KL	2,631	8.0	32.9	4.4	Kuala Lumpur
Narayana Hrudayalaya Limited	NH.BO	4,626	28.7	50.4	11.0	Bombay Stock Exchange
Town Health International Medical Group Limited	3886.HK	209	15.4	-8.0	0.6	HKSE
HCA Healthcare, Inc.	HCA	86,866	3.0	15.6	-25.6	New York Stock Exchange
Universal Health Services, Inc.	UHS	10,885	2.5	9.2	1.6	New York Stock Exchange
Fortis Healthcare Limited	FORTIS.NS	6,998	36.5	77.7	6.7	National Stock Exchange of India
Astrana Health, Inc.	ASTH	1,131	9.6	31.4	20.1	NASDAQ Capital Market
Athens Medical C.S.A.	IATR.AT	181	0.7	20.2	1.4	Athens
Srivichaivejvivat Public Company Limited	VIH.BK	145	9.1	13.7	1.3	Thailand
Select Medical Holdings Corporation	SEM	1,848	-2.2	10.3	1.0	New York Stock Exchange
Clariane SE	CLARI.PA	1,658	-8.8	-125.8	0.5	Paris
Hygeia Healthcare Holdings Co., Limited	6078.HK	1,204	6.2	15.0	1.3	HKSE
AMN Healthcare Services, Inc.	AMN	758	55.0	-4.6	1.1	New York Stock Exchange
Regis Healthcare Limited	REG.AX	1,456	15.0	149.4	-128.9	Australian Securities Exchange
Medical Facilities Corporation	DR.TO	211	2.6	3.3	3.1	Toronto Stock Exchange
Wattanapat Hospital Trang Public Company Limited	WPH.BK	192	8.6	17.9	3.5	Thailand
Extendicare Inc.	EXE.TO	789	5.8	14.1	8.7	Toronto Stock Exchange
Amedisys, Inc.	AMED	3,199	16.0	27.9	2.7	NASDAQ Global Select
Oceania Healthcare Limited	OCA.NZ	307	-0.7	32.9	0.5	NZSE
Arrail Group Limited	6639.HK	171	8.5	46.9	0.6	HKSE
Summerset Group Holdings Limited	SUM.NZ	1,694	32.7	8.2	0.9	NZSE
Addus HomeCare Corporation	ADUS	1,969	14.2	24.9	2.0	NASDAQ Global Select
Nonthavej Hospital Public Company Limited	NTV.BK	126	8.2	11.7	1.6	Thailand
China Evergrande New Energy Vehicle Group Limited	0708.HK	235	1.1	-0.1	-0.0	HKSE
Apollo Hospitals Enterprise Limited	APOLLOHOSP.NS	12,190	30.5	72.6	12.8	National Stock Exchange of India
Q & M Dental Group (Singapore) Limited	QC7.SI	310	10.8	27.2	3.7	Stock Exchange of Singapore
Fresenius Medical Care AG & Co. KGaA	FMS	15,574	1.4	21.7	0.9	New York Stock Exchange
Community Health Systems, Inc.	CYH	504	-10.1	-1.0	-0.2	New York Stock Exchange
Spire Healthcare Group plc	SPI.L	1,214	-1.4	35.7	1.2	London Stock Exchange
Terveystalo Oyj	TTALO.HE	1,528	3.5	16.1	2.2	Helsinki
Al Hammadi Company For Development and Investment	4007.SR	1,587	14.9	17.0	3.0	Saudi
Indraprastha Medical Corporation Limited	INDRAMEDCO.NS	519	18.3	27.8	7.5	National Stock Exchange of India
Global Health Limited	MEDANTA.BO	4,111	38.4	73.7	10.5	Bombay Stock Exchange
Middle East Healthcare Company	4009.SR	1,428	4.1	13.7	3.0	Saudi
Dr. Sulaiman Al Habib Medical Services Group Company	4013.SR	23,669	28.0	38.4	12.2	Saudi
Mouwasat Medical Services Company	4002.SR	4,083	16.1	22.8	4.1	Saudi
Wenzhou Kangning Hospital Co., Ltd.	2120.HK	85	-0.9	9.7	0.5	HKSE
PT Kedoya Adyaraya Tbk	RSGK.JK	56	13.4	28.0	1.1	Jakarta Stock Exchange
IHH Healthcare Berhad	5225.KL	13,661	7.0	24.1	1.9	Kuala Lumpur
Aster DM Healthcare Limited	ASTERDM.NS	3,576	37.6	5.5	8.7	National Stock Exchange of India
Fortis Healthcare Limited	FORTIS.BO	6,992	36.5	77.7	6.7	Bombay Stock Exchange
Sonida Senior Living, Inc.	SNDA	465	-15.6	-10.4	7.6	New York Stock Exchange
PT Siloam International Hospitals Tbk	SILO.JK	1,735	10.5	25.0	3.2	Jakarta Stock Exchange
Pediatrix Medical Group, Inc.	MD	1,080	-11.0	-13.1	1.4	New York Stock Exchange
WELL Health Technologies Corp.	WELL.TO	858	-16.6	-40.1	1.4	Toronto Stock Exchange
Indraprastha Medical Corporation Limited	INDRAMEDCO.BO	518	18.3	27.8	7.5	Bombay Stock Exchange
Canadian General Medical Center Complex Company	9518.SR	137	33.3	50.8	5.6	Saudi
Shalby Limited	SHALBY.BO	246	11.1	293.1	2.1	Bombay Stock Exchange
Chularat Hospital Public Company Limited	CHG.BK	571	11.4	19.9	2.3	Thailand
Kovai Medical Center and Hospital Limited	KOVAI.BO	779	16.1	32.1	6.2	Bombay Stock Exchange
Narayana Hrudayalaya Limited	NH.NS	4,630	28.7	50.4	11.0	National Stock Exchange of India
Krishna Institute of Medical Sciences Limited	KIMS.NS	3,536	34.6	79.3	14.3	National Stock Exchange of India
Aster DM Healthcare Limited	ASTERDM.BO	3,574	37.6	5.5	8.7	Bombay Stock Exchange
Bumrungrad Hospital Public Company Limited	BZ7A.F	3,512	11.5	15.1	3.9	Frankfurt Stock Exchange
Artemis Medicare Services Limited	ARTEMISMED.NS	397	24.4	47.3	4.7	National Stock Exchange of India
Sienna Senior Living Inc.	SIA.TO	1,255	6.5	46.6	2.6	Toronto Stock Exchange
Sikarin Public Company Limited	SKR.BK	445	10.5	22.8	1.8	Thailand
Krishna Institute of Medical Sciences Limited	KIMS.BO	3,531	34.6	79.3	14.3	Bombay Stock Exchange
Master Style Public Company Limited	MASTER.BK	130	5.2	8.9	1.2	Thailand
Dr. Agarwal's Eye Hospital Limited	DRAGARWQ.BO	242	14.3	38.2	10.0	Bombay Stock Exchange
RHÖN-KLINIKUM Aktiengesellschaft	RHK.DE	934	9.4	19.6	0.6	Frankfurt Stock Exchange
Naba Alsaha Medical Services Company	9546.SR	182	12.4	20.0	3.4	Saudi
Attendo AB (publ)	ATT.ST	951	-2.0	17.8	1.8	Stockholm Stock Exchange
U.S. Physical Therapy, Inc.	USPH	1,125	12.2	37.6	2.3	New York Stock Exchange
Max Healthcare Institute Limited	MAXHEALTH.NS	13,719	62.3	110.6	12.7	National Stock Exchange of India
Saint-Care Holding Corporation	2374.T	124	6.0	12.5	1.1	Tokyo
Kindstar Globalgene Technology, Inc.	9960.HK	181	-11.0	-22.2	0.4	HKSE
EuroEyes International Eye Clinic Limited	1846.HK	121	9.1	12.1	0.9	HKSE
Praram 9 Hospital Public Company Limited	PR9.BK	583	15.9	25.0	3.3	Thailand
Al-Modawat Specialized Medical Co.	9594.SR	119	60.7	72.5	5.6	Saudi
DaVita Inc.	DVA	10,652	-0.5	13.0	-41.9	New York Stock Exchange
VITA 34 AG	V3V.DE	100	48.8	-6.8	5.8	Frankfurt Stock Exchange
Rici Healthcare Holdings Limited	1526.HK	223	0.5	5.4	1.2	HKSE
Gushengtang Holdings Limited	2273.HK	1,057	21.8	26.9	3.5	HKSE
Max India Limited	MAXIND.NS	122	-9.5	-6.2	2.4	National Stock Exchange of India
Chularat Hospital Public Company Limited	CHG-R.BK	571	11.4	19.9	2.3	Thailand
KMC Speciality Hospitals (India) Limited	KMCSHIL.BO	123	16.4	49.4	6.4	Bombay Stock Exchange
Qomel Co.	9600.SR	107	13.8	18.3	3.8	Saudi
Solasto Corporation	6197.T	259	3.0	9.7	1.7	Tokyo
Mahachai Hospital Public Company Limited	M-CHAI.BK	94	-3.7	60.4	1.4	Thailand
Brookdale Senior Living Inc.	BKD	1,808	-10.4	-7.5	12.1	New York Stock Exchange
Medicover AB (publ)	MCOV-B.ST	3,997	7.8	114.0	7.2	Stockholm Stock Exchange
Ardent Health Partners, LLC	ARDT	1,591	1.6	6.9	1.0	New York Stock Exchange
AirSculpt Technologies, Inc.	AIRS	347	25.2	-19.0	4.2	NASDAQ Global Market
The Oncology Institute, Inc.	TOIIW	435	-5.5	-4.2	53.2	NASDAQ Capital Market
PT Bundamedik Tbk	BMHS.JK	103	3.3	388.0	1.0	Jakarta Stock Exchange
Bumrungrad Hospital Public Company Limited	BH.BK	3,559	11.7	15.3	3.9	Thailand
Arabian International Healthcare Holding Company	9530.SR	179	2.6	-117.6	2.8	Saudi
InnovAge Holding Corp.	INNV	531	-102.4	-17.0	2.2	NASDAQ Global Select
The Oncology Institute, Inc.	TOI	322	-5.5	-4.2	53.2	NASDAQ Capital Market
Enhabit, Inc.	EHAB	343	-5.4	-2.5	22.4	New York Stock Exchange
Raffles Medical Group Ltd	BSL.SI	1,475	27.2	42.1	1.8	Stock Exchange of Singapore
Ramsay Health Care Limited	RHC.AX	5,813	-1.0	325.1	1.7	Australian Securities Exchange
The Joint Corp.	JYNT	175	50.4	-20.0	8.7	NASDAQ Capital Market
Ramsay Générale de Santé SA	GDS.PA	1,379	-4.8	-15.1	1.1	Paris
JD Health International Inc.	6618.HK	19,452	117.6	33.2	2.5	HKSE
I'rom Group Co., Ltd.	2372.T	227	9.7	41.8	2.6	Tokyo
Vibhavadi Medical Center Public Company Limited	VIBHA.BK	616	6.9	44.5	1.9	Thailand
Chaoju Eye Care Holdings Limited	2219.HK	261	7.3	10.1	0.8	HKSE
LifeStance Health Group, Inc.	LFST	1,641	38.2	-45.4	1.1	NASDAQ Global Select
The Ensign Group, Inc.	ENSG	7,865	12.4	25.2	4.1	NASDAQ Global Select
Chemed Corporation	CHE	6,597	14.7	21.4	5.6	New York Stock Exchange
Rainbow Children's Medicare Limited	RAINBOW.BO	1,800	28.0	63.7	10.6	Bombay Stock Exchange
COMPASS Pathways plc	CMPS	399	-3.8	-2.8	2.0	NASDAQ Global Select
Jinxin Fertility Group Limited	1951.HK	1,045	8.3	30.3	0.8	HKSE
Chiang Mai Ram Medical Business Public Company Limited	CMR.BK	176	2.9	63.8	1.7	Thailand
Ryman Healthcare Limited	RYM.NZ	1,573	-3.7	-4.2	0.4	NZSE
Dallah Healthcare Company	4004.SR	3,448	14.6	25.6	3.2	Saudi
agilon health, inc.	AGL	876	-4.5	-3.6	1.7	New York Stock Exchange
Thonburi Healthcare Group Public Company Limited	THG.BK	230	-42.7	-4.2	1.0	Thailand
Solventum Corporation	SOLV	12,680	4.1	33.6	3.9	New York Stock Exchange
PT Famon Awal Bros Sedaya Tbk	PRAY.JK	522	20.4	52.6	3.1	Jakarta Stock Exchange
Aveanna Healthcare Holdings Inc.	AVAH	773	-4.0	50.2	-7.8	NASDAQ Global Select
PT Metro Healthcare Indonesia Tbk	CARE.JK	456	1,001.6	-85.4	2.5	Jakarta Stock Exchange
M1 Kliniken AG	M12.DE	310	8.7	16.7	2.5	Frankfurt Stock Exchange
Advantage Risk Management Co., Ltd.	8769.T	60	4.8	12.1	2.3	Tokyo
CareRx Corporation	CRRX.TO	129	4.4	-46.9	2.0	Toronto Stock Exchange
Médica Sur, S.A.B. de C.V.	MEDICAB.MX	229	5.1	10.2	2.0	Mexico
The Pennant Group, Inc.	PNTG	808	10.5	31.8	2.7	NASDAQ Global Select
Pacific Smiles Group Limited	PSQ.AX	173	11.2	162.0	4.8	Australian Securities Exchange
HealthCare Global Enterprises Limited	HCG.NS	934	15.3	180.8	8.7	National Stock Exchange of India
National HealthCare Corporation	NHC	1,511	8.4	13.9	1.5	American Stock Exchange
Honliv Healthcare Management Group Company Limited	9906.HK	115	9.9	28.0	1.3	HKSE
National Medical Care Company	4005.SR	2,106	18.3	25.7	4.5	Saudi
Max Healthcare Institute Limited	MAXHEALTH.BO	13,725	62.3	110.6	12.7	Bombay Stock Exchange
C-MER Eye Care Holdings Limited	3309.HK	278	10.4	-16.3	1.3	HKSE
Artemis Medicare Services Limited	ARTEMISMED.BO	396	24.4	47.3	4.7	Bombay Stock Exchange
Jupiter Life Line Hospitals Limited	JLHL.BO	1,139	30.3	50.6	7.2	Bombay Stock Exchange
Aier Eye Hospital Group Co., Ltd.	300015.SZ	16,142	20.6	31.2	5.3	Shenzhen
MEDICLIN Aktiengesellschaft	MED.DE	162	-2.0	5.6	0.6	Frankfurt Stock Exchange
Charm Care Corporation	6062.T	282	5.4	9.9	2.1	Tokyo
dentalcorp Holdings Ltd.	DNTL.TO	1,111	0.9	-28.4	0.9	Toronto Stock Exchange
Bangkok Chain Hospital Public Company Limited	BCH-R.BK	1,040	12.2	26.0	2.5	Thailand
DocGo Inc.	DCGO	142	10.4	-226.8	0.5	NASDAQ Capital Market
Topchoice Medical Corporation	600763.SS	2,661	21.9	37.4	4.6	Shanghai
Principal Capital Public Company Limited	PRINC.BK	234	12.5	26.1	0.8	Thailand
Yatharth Hospital & Trauma Care Services Limited	YATHARTH.BO	700	27.0	41.1	3.3	Bombay Stock Exchange
Bangkok Chain Hospital Public Company Limited	BCH.BK	1,040	12.2	26.0	2.5	Thailand
LNA Santé SA	LNA.PA	290	-4.9	13.5	0.9	Paris
Fresenius SE & Co. KGaA	FRE.DE	26,775	3.8	54.6	1.2	Frankfurt Stock Exchange
Thai Nakarin Hospital Public Company Limited	TNH.BK	178	11.9	14.0	1.8	Thailand
Auna SA	AUNA	472	-1.8	10.5	1.1	New York Stock Exchange
Ramkhamhaeng Hospital Public Company Limited	RAM.BK	637	4.7	28.3	1.1	Thailand
Medicare Group Q.P.S.C.	MCGS.QA	433	14.5	25.9	1.6	Qatar
Global Health Limited	MEDANTA.NS	4,113	38.4	73.7	10.5	National Stock Exchange of India
Rede D'Or São Luiz S.A.	RDOR3.SA	12,999	2.9	17.8	2.9	São Paulo
Oncoclínicas do Brasil Serviços Médicos S.A.	ONCO3.SA	621	-6.4	-4.1	1.1	São Paulo
Radius Residential Care Limited	RAD.NZ	68	-2.1	-14.4	1.8	NZSE
Ekachai Medical Care Public Company Limited	EKH.BK	149	13.2	17.8	2.0	Thailand
Meinian Onehealth Healthcare Holdings Co., Ltd.	002044.SZ	2,761	13.9	67.5	2.6	Shenzhen
Aikchol Hospital Public Company Limited	AHC.BK	62	8.6	13.8	1.0	Thailand
LIMES Schlosskliniken AG	LIK.DE	125	15.4	34.5	5.9	Frankfurt Stock Exchange
Apollo Hospitals Enterprise Limited	APOLLOHOSP.BO	12,195	30.5	72.6	12.8	Bombay Stock Exchange
Tenet Healthcare Corporation	THC	16,260	1.4	11.3	3.9	New York Stock Exchange
PT Mitra Keluarga Karyasehat Tbk	MIKA.JK	2,191	19.7	29.9	5.1	Jakarta Stock Exchange
PT Sejahteraraya Anugrahjaya Tbk	SRAJ.JK	3,286	177.5	-962.9	36.3	Jakarta Stock Exchange
TMC Life Sciences Berhad	0101.KL	172	14.2	331.5	0.9	Kuala Lumpur
Capitol Health Limited	CAJ.AX	269	8.0	-27.4	3.7	Australian Securities Exchange
MLP Saglik Hizmetleri A.S.	MPARK.IS	1,721	4.1	11.5	2.7	Istanbul Stock Exchange
C.Q. Pharmaceutical Holding Co., Ltd.	000950.SZ	1,259	-2.6	30.7	0.8	Shenzhen
Kora Saúde Participações S.A.	KRSA3.SA	122	-5.8	-3.7	0.8	São Paulo
PT Murni Sadar Tbk	MTMH.JK	109	6.3	146.5	1.3	Jakarta Stock Exchange
Talkspace, Inc.	TALK	415	-121.7	-96.9	3.7	NASDAQ Global Select
AS PARTNERS CO LTD	160A.T	64	3.4	10.2	2.3	Tokyo
Japan Hospice Holdings Inc.	7061.T	57	-1.7	15.6	2.4	Tokyo
PT Sarana Meditama Metropolitan Tbk	SAME.JK	259	12.0	211.5	1.1	Jakarta Stock Exchange
Centrum Medyczne ENEL-MED S.A.	ENE.WA	155	3.0	27.9	3.2	Warsaw Stock Exchange
Elan Corporation	6099.T	335	12.1	20.5	4.0	Tokyo
Future Care Trading Co.	9544.SR	267	81.5	99.0	11.6	Saudi
PT Medikaloka Hermina Tbk	HEAL.JK	1,508	14.0	54.5	5.6	Jakarta Stock Exchange