Valuation Products

We offer a variety of valuation products to meet the needs of companies of all scopes and sizes. Get in touch to talk about which product is right for you and request an estimate.

Business appraisal report—standalone report

This report conforms to the Uniform Standards of Professional Appraisal Practice—USPAP—and Code of Ethics and Business Appraisal Standards of the Institute of Business Appraisers. Approximately 60 to 90 pages long, this report contains:

  • A step-by-step valuation analysis using appropriate valuation methods
  • A detailed history of the company
  • A thorough financial analysis, including financial forecasts, ratio analysis, common size financial statement comparison to industry,
  • Working capital and capital expenditure analysis
  • Economic and industry analysis

Depending on the nature of the appraisal assignment, discounts for lack of control and lack of marketability studies can be included and applied.

Business appraisal report—restricted use summary report

This report conforms to the Uniform Standards of Professional Appraisal Practice—USPAP—and Code of Ethics and Business Appraisal Standards of the Institute of Business Appraisers. Approximately 40 to 60 pages long, this report contains a step-by-step valuation analysis using appropriate valuation methods and a summary financial analysis of the company. However, it doesn’t include a detailed history of the company, economic and industry analysis, or a detailed financial analysis.

Updated report

This update—usually done every few years or as necessary—contains all the same information as the original report updated to reflect the company’s latest financial information, market conditions and changes in the economy. It conforms to the same rigorous standards as the original.

Valuation methods

  • With the market method, we use several different databases of market comps, including Pratt Stats, Institute of Business Appraiser’s, Bizcomps, Business Broker’s of Florida and the MidMarketComps database. We use multiples of discretionary earnings, as well as other cash flow multiples. When applicable, we combine sophisticated statistical techniques—such as data modeling and linear regression analysis—with the market method to provide superior results
  • With the income approach, we use the single period capitalization method or multiple period capitalization method—DCF Model
  • We use the adjusted book value method with excess earnings
  • We use the public company guideline method for larger companies
  • We analyze prior sales of stock of the company