Appraisal Rights

AUGUST 1, 2017

Today the Delaware Supreme Court reversed and remanded the appraisal decision of the Chancery Court in the highly watched DFC Global case. In addition, the Supreme Court denied the cross-appeal, by which the stockholders argued that the DCF analysis be given primary, if not sole, weight in the valuation analysis.

Comparable Company Analysis 52

Comparable Company Analysis Appraisal 52

Appraisal Rights

NOVEMBER 18, 2019

Comparing multiple valuation methods, including a discounted cash flow, economic value, and iterative approach, the authors note that the DCF yielded the lowest valuation, whereas the other methods yielded higher amounts (though the iterative method did so with much higher volatility, represented by high standard deviations).

Discounted Cash Flow 52

Discounted Cash Flow Comparable Company Analysis Dividends Appraisal 52

Appraisal Rights

JULY 18, 2019

In prior posts, we have explained various valuation concepts, including the discounted cash flow (DCF) and comparable company analyses. The Tax Court considered both a DCF analysis and a comparable companies analysis from two competing experts.

Discounted Cash Flow 52

Discounted Cash Flow Fair Market Value Comparable Company Analysis Treasury 52

Appraisal Rights

AUGUST 8, 2017

Indeed, the Supreme Court stated that appraisal actions had the most utility when private companies were being acquired, or where public companies were being sold in a conflicted buyout, in which case market prices would be either unavailable or unreliable.

Discounted Cash Flow 40

Discounted Cash Flow Comparable Company Analysis Risk-free Rate Going Concern Value 40

Equilest

DECEMBER 19, 2023

This not only fosters a sense of ownership and commitment among employees but also presents a series of financial implications, the most crucial being the valuation of the company's stock. The ESOP Valuation Process ESOP valuation is a multifaceted process, often necessitating the expertise of financial analysts and appraisers.

Discounted Cash Flow 52

Discounted Cash Flow Comparable Company Analysis Fair Market Value Business Valuation 52

Appraisal Rights

JUNE 8, 2017

The court observed that the appraisal statute requires the courts to focus on the fair value of the shares and that the pre-existing, unaffected market price would be highly informative of the stock’s fair value, but the jurisdictional definition of fair value looks beyond just the shares to the value of the company as a going concern.

Comparable Company Analysis 40

Comparable Company Analysis Equity Appraisal Marketability 40

Valutico

SEPTEMBER 13, 2023

Discounted Cash Flow analysis), Market Approach (e.g. Comparable Companies Analysis), and Asset-based Approach (e.g. Another approach is comparing it to similar businesses that have been sold recently, similar to how real estate is appraised. net asset value calculation).

Discounted Cash Flow 52

Discounted Cash Flow Comparable Company Analysis Asset-based Approach Intangible Assets 52