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	10.3	21.0	1.6
Andrew Peller Limited	0.6	19.9	0.9
Mediana / Andrew Peller Limited	16.0	1.1	1.7

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Pozostałe spółki z branży Beverages - Wineries & Distilleries

Nazwa firmy	Symbol	Kapitalizacja (mln $)	EV/EBITDA	P/E	P/B	Giełda
Heineken N.V.	HNK1.DE	52,168	5.7	44.6	2.2	Frankfurt Stock Exchange
Tilaknagar Industries Ltd.	TI.NS	893	28.4	33.6	8.7	National Stock Exchange of India
Corby Spirit and Wine Limited	CSW-A.TO	290	4.8	15.4	2.2	Toronto Stock Exchange
Constellation Brands, Inc.	STZ	30,188	40.9	-68.6	4.2	New York Stock Exchange
Treasury Wine Estates Limited	TWE.AX	4,301	10.5	43.3	1.4	Australian Securities Exchange
Endeavour Group Limited	EDV.AX	4,700	1.5	15.7	1.8	Australian Securities Exchange
Brown-Forman Corporation	BF-A	13,479	9.6	15.7	3.4	New York Stock Exchange
Diageo plc	DGE.L	57,478	3.6	297.9	104.1	London Stock Exchange
Anora Group Oyj	ANORA.HE	254	0.1	23.4	0.6	Helsinki
Kuaijishan Shaoxing Rice Wine Co., Ltd.	601579.SS	1,268	30.3	45.9	2.4	Shanghai
HITEJINRO Co., Ltd.	000087.KS	1,037	1.3	13.9	1.3	KSE
Brown-Forman Corporation	BF-B	13,794	9.6	15.7	3.4	New York Stock Exchange
Corby Spirit and Wine Limited	CSW-B.TO	294	4.6	14.8	2.1	Toronto Stock Exchange
Thai Beverage Public Company Limited	Y92.SI	9,290	2.1	11.7	2.0	Stock Exchange of Singapore
IFB Agro Industries Limited	IFBAGRO.NS	79	15.3	30.4	1.1	National Stock Exchange of India
New Silkroad Culturaltainment Limited	0472.HK	80	-593.0	-3.4	0.4	HKSE
Zwack Unicum Nyrt.	ZWACK.BD	205	16.8	23.5	7.8	Budapest
Oenon Holdings, Inc.	2533.T	226	4.9	12.2	1.4	Tokyo
Diageo plc	GUI.DE	57,873	4.6	3.5	1.2	Frankfurt Stock Exchange
Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd.	002646.SZ	629	104.6	3,503.0	1.6	Shenzhen
Shanghai Jinfeng Wine Company Limited	600616.SS	527	510.9	677.9	2.0	Shanghai
Andrew Peller Limited	ADW-A.TO	175	0.7	20.0	0.9	Toronto Stock Exchange
United Spirits Limited	UNITDSPR.NS	11,502	43.1	61.1	11.9	National Stock Exchange of India
Schloss Wachenheim AG	SWA.DE	137	0.6	10.8	0.6	Frankfurt Stock Exchange
G.M. Breweries Limited	GMBREW.BO	193	13.1	12.9	1.8	Bombay Stock Exchange
Rémy Cointreau SA	RCO.PA	2,803	8.5	22.9	1.4	Paris
Associated Alcohols & Breweries Limited	ASALCBR.BO	246	15.4	27.4	4.3	Bombay Stock Exchange
Lanson-BCC	ALLAN.PA	294	-4.7	10.3	0.7	Paris
Dynasty Fine Wines Group Limited	0828.HK	54	16.6	12.6	1.4	HKSE
Anhui Golden Seed Winery Co., Ltd.	600199.SS	967	-23.8	-22.1	3.3	Shanghai
Berentzen-Gruppe Aktiengesellschaft	BEZ.DE	51	2.9	-35.0	0.9	Frankfurt Stock Exchange
Public joint-stock company Beluga Group	BELU.ME	732	1.5	20.9	3.6	Moscow Stock Exchange
G.M. Breweries Limited	GMBREW.NS	193	13.1	12.9	1.8	National Stock Exchange of India
Anhui Gujing Distillery Co., Ltd.	000596.SZ	9,720	10.4	12.8	2.8	Shenzhen
Associated Alcohols & Breweries Limited	ASALCBR.NS	245	15.4	27.4	4.3	National Stock Exchange of India
Globus Spirits Limited	GLOBUSSPR.NS	370	17.9	154.8	3.6	National Stock Exchange of India
Yantai Changyu Pioneer Wine Company Limited	000869.SZ	1,616	23.8	47.0	1.3	Shenzhen
Chapel Down Group Plc	CDGP.L	100	-189.5	-56.9	2.3	London Stock Exchange
Sula Vineyards Limited	SULA.BO	292	14.4	35.7	4.3	Bombay Stock Exchange
ZJLD Group Inc	6979.HK	2,841	13.1	15.0	1.4	HKSE
IFB Agro Industries Limited	IFBAGRO.BO	79	15.3	30.4	1.1	Bombay Stock Exchange
MGP Ingredients, Inc.	MGPI	639	5.1	59.6	0.8	NASDAQ Global Select
The Duckhorn Portfolio, Inc.	NAPA	1,632	12.6	31.6	1.3	New York Stock Exchange
Radico Khaitan Limited	RADICO.BO	4,217	52.9	105.3	13.2	Bombay Stock Exchange
Muhak Co., Ltd.	033920.KS	158	2.5	5.1	0.4	KSE
JINHUI LIQUOR Co.,Ltd.	603919.SS	1,294	19.5	23.2	2.6	Shanghai
Vranken-Pommery Monopole Société Anonyme	VRAP.PA	117	-12.7	119.9	0.3	Paris
Viva Wine Group AB	VIVA.ST	372	7.5	23.7	2.2	Stockholm Stock Exchange
Marie Brizard Wine & Spirits SA	MBWS.PA	423	16.9	34.8	1.6	Paris
Davide Campari-Milano N.V.	CPR.MI	8,808	10.9	37.5	2.0	Milan
Yomeishu Seizo Co., Ltd.	2540.T	303	41.0	66.5	1.0	Tokyo
Tonghua Grape Wine Co.,Ltd	600365.SS	190	-47.6	-32.4	6.0	Shanghai
Ambra S.A.	AMB.WA	150	4.0	11.2	1.3	Warsaw Stock Exchange
Oeneo SA	SBT.PA	704	7.7	19.5	1.9	Paris
Marie Brizard Wine & Spirits SA	MBW.WA	398	28.7	38.1	1.7	Warsaw Stock Exchange
Delegat Group Limited	DGL.NZ	253	-0.6	40.9	0.8	NZSE
Hebei Hengshui Laobaigan Liquor Co., Ltd.	600559.SS	2,115	15.1	18.8	2.8	Shanghai
VATS Liquor Chain Store Management Joint Stock Co., Ltd.	300755.SZ	1,038	71.5	102,390.2	2.3	Shenzhen
Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.	600809.SS	30,765	13.3	17.5	5.8	Shanghai
Sula Vineyards Limited	SULA.NS	292	14.4	35.7	4.3	National Stock Exchange of India
Radico Khaitan Limited	RADICO.NS	4,223	52.9	105.3	13.2	National Stock Exchange of India
Tilaknagar Industries Ltd.	TI.BO	893	28.4	33.6	8.7	Bombay Stock Exchange
Anhui Yingjia Distillery Co., Ltd.	603198.SS	4,449	10.2	12.7	3.0	Shanghai
Diageo plc	DEO.BA	56,525	4.8	9.4	3.6	Buenos Aires
Jiangsu King's Luck Brewery Joint-Stock Co., Ltd.	603369.SS	6,858	11.0	14.0	2.9	Shanghai
Kweichow Moutai Co., Ltd.	600519.SS	251,152	14.9	20.3	7.0	Shanghai
Anhui Kouzi Distillery Co., Ltd.	603589.SS	2,803	9.3	12.0	1.8	Shanghai
Jiugui Liquor Co., Ltd.	000799.SZ	2,226	-1,342.0	-548.0	4.0	Shenzhen
Globus Spirits Limited	GLOBUSSPR.BO	370	17.9	154.8	3.6	Bombay Stock Exchange
Diageo plc	DEO	57,397	5.8	15.9	5.6	New York Stock Exchange
Shede Spirits Co., Ltd.	600702.SS	2,436	58.5	121.3	2.4	Shanghai
Viña Concha y Toro S.A.	CONCHATORO.SN	805	2.8	10.0	0.9	Santiago
Citic Guoan Wine CO.,LTD	600084.SS	889	326.7	378.6	5.1	Shanghai
Hawesko Holding AG	HAW.DE	240	1.2	19.3	1.7	Frankfurt Stock Exchange
Naked Wines plc	WINE.L	73	-9.4	-3.5	0.8	London Stock Exchange
Pernod Ricard SA	RI.PA	25,901	4.1	21.7	1.4	Paris
Wuliangye Yibin Co.,Ltd.	000858.SZ	66,903	13.6	14.7	3.2	Shenzhen
Becle, S.A.B. de C.V.	CUERVO.MX	4,094	5.0	18.7	1.1	Mexico
Anhui Gujing Distillery Co., Ltd.	200596.SZ	9,450	10.3	8.9	1.9	Shenzhen
Public Joint Stock Company Abrau-Durso	ABRD.ME	220	1.6	9.1	1.0	Moscow Stock Exchange
Yantai Changyu Pioneer Wine Company Limited	200869.SZ	1,689	30.0	17.9	0.5	Shenzhen
Beijing Shunxin Agriculture Co.,Ltd	000860.SZ	1,617	27.3	184.5	1.6	Shenzhen
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd.	002304.SZ	14,518	20.2	24.5	2.0	Shenzhen
Laurent-Perrier S.A.	LPE.PA	654	4.3	12.0	0.9	Paris
AdVini S.A.	ALAVI.PA	59	-3.7	19.3	0.8	Paris
LARK Distilling Co. Ltd.	LRK.AX	59	-19.6	-13.8	0.6	Australian Securities Exchange
Gansu Mogao Industrial Development Co.,Ltd	600543.SS	282	-33.2	-32.2	2.5	Shanghai
HITEJINRO Co., Ltd.	000080.KS	1,058	1.3	13.9	1.3	KSE
Pernod Ricard SA	PER.DE	27,358	4.1	21.7	1.4	Frankfurt Stock Exchange
Zhejiang Guyuelongshan Shaoxing Wine Co.,Ltd	600059.SS	1,334	38.4	51.0	1.7	Shanghai
Luzhou Laojiao Co.,Ltd.	000568.SZ	25,455	11.5	13.6	3.7	Shenzhen
Wei Long Grape Wine Co., Ltd.	603779.SS	347	127.1	4,281.0	3.9	Shanghai