Peer Valuation: Toya's Position Among Global Power and Hand Tool Producers

We based the comparative analysis on shares of foreign producers of power tools and hand tools. Due to the fact that these are global entities, with a capitalization many times greater than Toya's, we used a 25% discount for the comparative valuation. For the valuation, we adopted the projected P/E and EV/EBIDTA ratios for 2023-2025.On the base of peers valuation, we valued Toya at PLN 11.37 per share.