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 |
8.2
|
10.4
|
2.0
|
| Yellow Cake plc |
8.5
|
7.6
|
0.6
|
| Mediana / Yellow Cake plc |
1.0
|
1.4
|
3.5
|
Pozostałe spółki z branży Uranium
| Nazwa firmy |
Symbol |
Kapitalizacja (mln $) |
EV/EBITDA |
P/E |
P/B |
Giełda |
| Energy Fuels Inc. |
EFR.TO |
2,168 |
-30.3 |
-15.5 |
1.4 |
Toronto Stock Exchange |
| Uranium Energy Corp. |
UEC |
3,950 |
-33.8 |
-34.2 |
2.5 |
American Stock Exchange |
| JSC National Atomic Company Kazatomprom |
0ZQ.F |
11,209 |
6.5 |
12.2 |
3.3 |
Frankfurt Stock Exchange |
| Mega Uranium Ltd. |
MGA.TO |
84 |
-8.8 |
-9.4 |
0.5 |
Toronto Stock Exchange |
| enCore Energy Corp. |
EU.V |
570 |
-4.5 |
-4.6 |
1.0 |
Toronto Stock Exchange Ventures |
| Elevate Uranium Ltd |
EL8.AX |
67 |
-6.9 |
-4.4 |
2.7 |
Australian Securities Exchange |
| JSC National Atomic Company Kazatomprom |
KAP.IL |
11,282 |
6.6 |
11.6 |
3.1 |
International Order Book |
| Laramide Resources Ltd. |
LAM.AX |
137 |
-29.8 |
-30.4 |
1.6 |
Australian Securities Exchange |
| Aura Energy Limited |
AURA.L |
107 |
-9,548.5 |
-6.1 |
0.0 |
London Stock Exchange |
| Uranium Royalty Corp. |
UROY |
414 |
-805.3 |
312.7 |
1.1 |
NASDAQ Capital Market |
| Energy Fuels Inc. |
UUUU |
2,165 |
-27.7 |
-16.2 |
1.5 |
American Stock Exchange |
| Ur-Energy Inc. |
URG |
513 |
-5.9 |
-4.7 |
1.9 |
American Stock Exchange |
| Deep Yellow Limited |
DYL.AX |
1,150 |
-92.2 |
-141.0 |
1.6 |
Australian Securities Exchange |
| JSC National Atomic Company Kazatomprom |
KAP.L |
9,856 |
7.1 |
13.4 |
3.6 |
London Stock Exchange |
| enCore Energy Corp. |
EU |
566 |
-4.6 |
-4.7 |
1.0 |
American Stock Exchange |
| NexGen Energy Ltd. |
NXE.TO |
4,163 |
-50.9 |
-51.3 |
3.4 |
Toronto Stock Exchange |
| Fission Uranium Corp. |
FCU.TO |
451 |
-61.9 |
-56.9 |
1.1 |
Toronto Stock Exchange |
| Fission 3.0 Corp. |
FUU.V |
93 |
-5.0 |
-3.1 |
1.4 |
Toronto Stock Exchange Ventures |
| Anfield Energy Inc. |
AEC.V |
101 |
-6.0 |
-5.3 |
1.4 |
Toronto Stock Exchange Ventures |
| Denison Mines Corp. |
DML.TO |
1,983 |
-22.8 |
-19.0 |
3.1 |
Toronto Stock Exchange |
| NexGen Energy Ltd. |
NXE |
4,156 |
-60.1 |
-70.7 |
4.7 |
New York Stock Exchange |
| Atha Energy Corp. |
SASK.V |
140 |
-8.9 |
-8.2 |
0.5 |
Toronto Stock Exchange Ventures |
| Ur-Energy Inc. |
URE.TO |
514 |
-5.8 |
-4.3 |
1.7 |
Toronto Stock Exchange |
| Energy Resources of Australia Ltd |
ERA.AX |
533 |
-25.3 |
-0.8 |
-0.2 |
Australian Securities Exchange |
| CGN Mining Company Limited |
1164.HK |
2,159 |
-59.8 |
26.3 |
2.9 |
HKSE |
| Yellow Cake plc |
YCA.L |
1,467 |
15.2 |
-3.6 |
0.6 |
London Stock Exchange |
| Berkeley Energia Limited |
BKY.L |
156 |
0.0 |
240.2 |
0.0 |
London Stock Exchange |
| Centrus Energy Corp. |
LEU |
3,938 |
14.8 |
15.9 |
7.2 |
American Stock Exchange |
| Bannerman Energy Ltd |
BMN.AX |
416 |
-68.8 |
-54.0 |
1.8 |
Australian Securities Exchange |
| Cameco Corporation |
CCO.TO |
34,669 |
35.9 |
154.5 |
4.2 |
Toronto Stock Exchange |
| Cameco Corporation |
CCJ |
34,656 |
36.2 |
155.5 |
4.2 |
New York Stock Exchange |
| Peninsula Energy Limited |
PEN.AX |
65 |
-8.0 |
-5.4 |
0.4 |
Australian Securities Exchange |
| Uranium Royalty Corp. |
URC.TO |
415 |
-799.6 |
310.4 |
1.1 |
Toronto Stock Exchange |
| NexGen Energy Ltd. |
NXG.AX |
4,165 |
-61.3 |
-70.1 |
4.6 |
Australian Securities Exchange |
| Aura Energy Limited |
AEE.AX |
102 |
-10,347.7 |
-18.9 |
1.2 |
Australian Securities Exchange |
| Denison Mines Corp. |
DNN |
1,985 |
-22.7 |
-18.9 |
3.1 |
American Stock Exchange |
| Anfield Energy Inc. |
0ADN.F |
99 |
-6.0 |
-5.3 |
1.4 |
Frankfurt |
| Paladin Energy Ltd |
PDN.AX |
1,885 |
-265.8 |
-323.4 |
1.6 |
Australian Securities Exchange |
| Berkeley Energia Limited |
BKY.AX |
155 |
1,778.9 |
1,329.3 |
2.9 |
Australian Securities Exchange |