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

Equilest

FEBRUARY 1, 2023

The book covers key concepts such as cap table analysis, discounted cash flow models, and comparable company analysis, among others. Through real-world case studies and expert insights, readers will gain a practical understanding of the various factors that influence the valuation of early-stage companies.

Business Valuation 40

Business Valuation Appraisal Fair Market Value Equity 40

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 Appraisal Equity Marketability 40

Equilest

APRIL 11, 2023

While Excel may be a popular tool for business analysis, it falls short when it comes to accurate business valuations. With limited features and formulas, it can be difficult to account for all the necessary parameters in a valuation, such as interest rates, equity risk premiums, and beta.

Business Valuation 40

Business Valuation Beta Risk Premium Discounted Cash Flow 40

Appraisal Rights

AUGUST 8, 2017

In addition, the Supreme Court disagreed with chancery that a financial buyer – such as Lone Star, the private equity buyer here – would perform a valuation analysis that was necessarily lower than that done by a strategic buyer. The Supreme Court Rejected the Cross-Appeal and Refused to Disregard the Comparable Companies Analysis.

Discounted Cash Flow 40

Discounted Cash Flow Comparable Company Analysis Risk-free Rate Appraisal 40

Appraisal Rights

JUNE 5, 2017

Further to our prior post about Delaware’s two new appraisal decisions, SWS Group was a small, struggling bank holding company that merged on January 1, 2015 into one of its own substantial creditors, Hilltop Holdings. The court undertook its own DCF analysis, on which it relied exclusively. at closing. below the merger price.

Beta 40

Beta Risk Premium Capital Structure Discounted Cash Flow 40