Chris Mercer

MARCH 8, 2023

This post provides a discussion of several implications of the definition of the standard of value known as fair market value. We focus first on the definition of fair market value. We then look at the implications for the so-called “marketability discount for controlling interests.”

Fair Market Value 52

Fair Market Value Marketability Appraisal Business Valuation 52

Chris Mercer

FEBRUARY 23, 2024

In other words, value is a function of expected cash flow, growth, and risk. Every appraisal of every business entails an examination of expected cash flows (using income capitalization methods, discounted cash flow methods, guideline public company methods, or guideline transaction methods).

Marketability 52

Marketability Terminal Value Dividends Discounted Cash Flow 52

Equilest

AUGUST 6, 2023

Calculating Free Cash Flow: Free Cash Flow (FCF) is a crucial metric used in valuation, representing the cash generated by the business available for distribution to investors and debt repayment. EquiTest, for example, provides a user-friendly interface that simplifies the valuation process.

Discounted Cash Flow 40

Discounted Cash Flow Business Valuation Precedent Transaction Analysis Comparable Company Analysis 40