Valuation Advisory
Business Valuation
Understand the value of your company and what it is based on
The value of a business depends on its ability to generate future returns, on its assets and liabilities and on market conditions. Accounting data alone may therefore not provide the full picture.
We value companies, their parts and ownership interests. We help owners, investors and management obtain a basis for a specific decision and understand the assumptions that influence the resulting value.
When a valuation will help you
Sale or purchase of a business
provides a starting point for price negotiations and for assessing an offer.
Entry of an investor
supports negotiations on the value of the company and the terms of the capital investment.
Settlement of relationships between shareholders
delivers an expert basis for assessing the value of ownership interests.
Restructuring or transformation
supports the economic assessment of the planned changes.
Accounting and regulatory purposes
the scope and procedure of the valuation are tailored to the specific purpose of the assignment.
Internal transfers of assets and interests
provides a basis for changes in the structure of a company or group.
How we assess the value of a business
We select the method according to the purpose of the valuation, the nature of the business and the available data. In our assessment we apply appropriate income, market or asset-based approaches.
Income approach
Based on the ability of the business to generate future returns or cash flows. We assess their expected development as well as the risks that may affect their achievement.
Market approach
Based on a comparison with similar companies or completed transactions. We take into account the differences between the compared businesses and the availability of reliable data.
Asset-based approach
Based on the value of individual assets after taking liabilities into account. We assess its suitability according to the asset structure and the situation of the business.
What you receive
You receive a valuation with an explanation of the methods used, the decisive assumptions and the factors influencing the result. We go through the conclusions with you so that you understand their meaning for the decision ahead.
The value determined by a valuation may differ from the price agreed between the parties. The price is also affected by the specific terms of the transaction, the expectations of the participants and the outcome of negotiations.
We agree the form of the output according to the purpose of the assignment, including whether you need an advisory valuation or an expert report.
What documents we will need
As a rule we work from financial statements, information on the business, assets and liabilities, the ownership structure and any available financial plans.
To begin with, a brief description of the company and the purpose of the valuation is sufficient. We will define the specific list of documents once the assignment is refined.
Do you need to value a company or an ownership interest?
Tell us about the company and the decision you are preparing for. We will agree the purpose, scope and timeframe of the valuation.
Discuss a valuation