Harvard Corporate Governance

MARCH 12, 2025

shareholder meetings held after August 31, 2022 and was widely expected to make proxy fights head-to-head contests between sitting directors and dissident candidates that activists would more often win, especially when advancing minority slates, due to the pick-and-mix menu presented. However, activists targeting U.S.

Marketability 173

Marketability 173

Equilest

JULY 20, 2025

Real DCF Valuation Example Using Historical & Forecast Periods Let’s apply the data from XYZ Co. to perform a simplified DCF valuation. Assumptions Forecast Period: 2023–2027 WACC: 10% Terminal Growth Rate: 3% Final Year FCFF (2027): $1.8M

Business Valuation 52

Business Valuation Terminal Value Enterprise Value EBITDA 52

IVSC

JANUARY 27, 2025

Global Insights on ESG Integration in Valuation The International Valuation Standards Council (IVSC) is pleased to present the Perspectives Paper: The Integration of ESG in Valuation Practices IVSC Global Survey 2024.

Marketability 262

Marketability Intangible Assets Business Valuation 262

IVSC

JUNE 26, 2025

Developed with the support of the Intellectual Property Office of Singapore (IPOS), this report presents the findings of an empirical study on the intangible assets recognised and reported by publicly listed companies in Southeast Asia.

Intangible Assets 130

Intangible Assets Marketability 130

Equidam

JULY 11, 2025

Consider the reality : A startup’s brand directly impacts its ability to achieve the financial projections it presents to investors. When brand strength is either overlooked or incorporated through opaque “gut feel” multipliers, the valuation process loses credibility.

Intangible Assets 59

Intangible Assets Excess Earnings Method Marketability eCommerce 59

BV Specialists

NOVEMBER 18, 2024

Discount these cash flows to their present value using an appropriate discount rate, factoring in market risk. For more detailed insights, consider a discounted cash flow analysis. Project future cash flows from operations, including rental income and sales.

Discounted Cash Flow 109

Discounted Cash Flow Business Valuation Appraisal Corporate Finance 109

Auto Dealer Valuation Insights

DECEMBER 9, 2024

Financial Valuation: Applications and Models provides authoritative reference and practical guidance on the appropriate, defensible way to prepare and present business valuations. With contributions by 30 top experts in the field… Source

Business Valuation 52

Business Valuation 52

Global Finance

APRIL 7, 2025

While UK clubs command heftier price tags, Italy presents dealmakers with a more affordable entry point. After Friedkin bought it in December, the club is planning a beautiful new stadium at Bramley-Moore Dock. Arena, Chiomenti: Lower-league teams are a little bit cheaper, but have a big upside.

Finance 99

Finance Corporate Finance Private Equity Firm Equity 99

Equilest

JANUARY 25, 2025

Income-Based Valuation This forward-looking approach estimates the present value of the business's future cash flows. Discounted Cash Flow (DCF): This method involves projecting future earnings and discounting them to present value.

Intangible Assets 40

Intangible Assets Discounted Cash Flow Normalized Earnings EBITDA 40

Equilest

JANUARY 7, 2025

For example, the market technique compares the company to similar enterprises that have previously been sold, whereas the income approach may involve determining the present value of future cash flows. An Overview of Beneish M-Score Presenting the financial analysis super hero, the Beneish M-Score! Do you recall the dot-com bubble?

Business Valuation 40

Business Valuation Risk Premium Finance Start-ups 40

Equidam

JULY 23, 2025

Here you project the company’s future cash flows (or perhaps its future exit value and interim cash flows) and discount them back to present using a risk-adjusted rate. Discount the exit value to present. Another approach is the Income Approach, typically a Discounted Cash Flow (DCF) analysis.

Discounted Cash Flow 64

Discounted Cash Flow Start-ups Marketability Comps 64

Equilest

FEBRUARY 1, 2025

Income-Based Valuation: Techniques such as Discounted Cash Flow (DCF) analysis project your businesss future earnings, bringing them back to their present value using a discount rate. Its straightforward and especially useful if youre looking at liquidation scenarios. This approach works best if your business has a steady income stream.

Business Valuation 40

Business Valuation Discounted Cash Flow Asset-based Approach Price to Earnings 40

A Neumann & Associates

JUNE 1, 2025

Having your house in order by knowing your numbers and presenting it to the market in a professional and defendable manner provides potential buyers with confidence that the business is well run and organized. However, they want to buy a well-run and managed company.

Fair Market Value 82

Fair Market Value Business Valuation Marketability 82

Peak Business Valuation

DECEMBER 9, 2024

The Income Approach : This valuation approach focuses on the companys future earning potential by projecting cash flows and discounting them to present value. This also involves using financial metrics such as cash flow, and sales, to estimate the companys value. It also takes into account the key risks of the company.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Intangible Assets 52

Peak Business Valuation

NOVEMBER 30, 2024

Then, they apply a discount rate to determine the present value of those cash flows. When using the income approach, business appraisers estimate the company’s future cash flows over a three to five-year period. Valuation experts at Peak can use these projections to calculate the fair market value of an ESOP company.

Fair Market Value 52

Fair Market Value Business Valuation Appraisal Intangible Assets 52

Peak Business Valuation

JANUARY 7, 2025

The rising population age and increasing excess income present an opportunity for profit for healthcare businesses. Using the valuation report during negotiations and when building a business plan can help maximize the value of a physical therapy practice.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Finance 52

RNC

MAY 22, 2025

Income-Based Valuation (Discounted Cash Flow – DCF) The DCF approach determines a company’s worth by forecasting future cash flows and converting them into present value using a discount rate. Ideal scenarios include companies facing liquidation, asset-heavy businesses, or organizations with substantial tangible assets.

Business Valuation 52

Business Valuation Discounted Cash Flow Intangible Assets EBITDA 52

Auto Dealer Valuation Insights

JUNE 27, 2025

” For RIAs and trust companies, this transition presents both… Source Over the next two decades, an estimated $68 trillion is expected to transfer from Baby Boomers and Gen X to Millennials and Gen Z in what has been dubbed the “Great Wealth Transfer.”

52

52

RNC

MARCH 30, 2025

Clearly presenting this NAV calculation provides transparency and confidence in your valuation outcomes, particularly useful in transactions, mergers, or acquisitions involving asset-intensive companies.

Intangible Assets 52

Intangible Assets Book Value Mergers & Acquisitions Discounted Cash Flow 52

Peak Business Valuation

JULY 17, 2025

A discount or capitalization rate is then applied to those earnings to reflect their present value. Business appraisers project future income by taking a business’s revenue and profit trends over time to determine potential growth or decline in future earnings. To learn more, see The Income Approach Made Simple.

Business Valuation 52

Business Valuation Intangible Assets Appraisal Fair Market Value 52

RNC

JANUARY 19, 2025

Analysis of Discounted Read More : [link] Cash Flow (DCF): Provides a deeper understanding of intrinsic worth by projecting future cash flows and discounting them to present value. It is especially helpful for companies that have consistent revenue sources.

Discounted Cash Flow 52

Discounted Cash Flow Price to Earnings Intangible Assets Compliance 52

Valutico

MAY 19, 2025

It is used by analysts and companies to present a clearer view of a business’s sustainable core operating profitability by excluding certain items deemed non-recurring, non-cash, or outside the normal course of business operations. What is Adjusted EBITDA?

EBITDA 52

EBITDA Enterprise Value Capital Structure EBIT 52

Harvard Corporate Governance

JUNE 13, 2025

To name but a few, in the case of AI salient risks include hallucination and privacy and data protection issues, while blockchain technology presents some distinct cybersecurity and AML challenges. New technology brings new risks.

Technology 218

Technology Treasury Marketability 218

IVSC

APRIL 28, 2025

At present, valuation practice is characterized by significant uncertainties regarding the calibration of the Market Value adjustments.

Marketability 130

Marketability Banking Intangible Assets Business Valuation 130

Auto Dealer Valuation Insights

JUNE 11, 2025

Christopher Mercer, FASA, CFA, ABAR will be presenting an AICPA webinar with Serena Morones, CPA, ASA, ABV, CFE of Morones Analytics on Tuesday, June 17, 2025 at 2pm CDT. Their session is titled “The Future of the Valuation Profession” and will discuss how firm owners and practice group leaders can adapt to the future.

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52

Brian DeChesare

FEBRUARY 19, 2025

Writing investment memos and presentations. As an intern, you can expect to assist the full-timers in the VC hierarchy with the following tasks: Reviewing pitch decks from startups trying to raise funds. Performing market research and competitive analysis to find interesting companies.

Banking 59

Banking Start-ups Finance Venture Capital Fund 59

Peak Business Valuation

JUNE 27, 2025

You can use this report when talking to brokers, negotiating with buyers, or presenting your store on online marketplaces. Utilizing a Valuation Report When Selling an eCommerce Store Once the business valuation is complete, valuation experts compile a detailed business valuation report.

eCommerce 52

eCommerce Business Valuation Fair Market Value Appraisal 52

Equidam

JULY 8, 2025

5), dramatically affecting the present value of projected cash flows. This extended timeline means that traditional yearly survival rates underestimate the cumulative risk. A deep tech startup with 80% annual survival probability faces only 51% probability of surviving five years (0.8^5),

Marketability 52

Marketability Technology Specific Risk Market Risk 52

Peak Business Valuation

JANUARY 9, 2025

Then, they apply a discount rate to estimate their present value. This method is especially useful when valuing intangible assets like intellectual property or customer relationships. When using the income approach , an appraiser projects the assets expected cash flows over a three to five-year period.

Business Valuation 52

Business Valuation Intangible Assets Appraisal Compliance 52

Peak Business Valuation

JANUARY 2, 2025

Then, they apply a discount rate to understand the present value of those cash flows. When using the income approach, valuation analysts project the future cash flows generated by specific assets over a 3-5-year period. Peak commonly uses these projections to calculate the fair market value of intangible assets.

Business Valuation 52

Business Valuation Intangible Assets Fair Market Value Appraisal 52

Peak Business Valuation

DECEMBER 20, 2024

This includes writing reports, creating presentations, doing research, and other tasks. Artificial Intelligence: New generative AI can produce the same services that consulting firms typically offer for much cheaper. Consulting firms can reduce their risk by also leveraging AI to their advantage.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Marketability 52

Peak Business Valuation

NOVEMBER 15, 2024

Because of this, business owners must present the strongest case possible. Legal disputes can be very costly and damaging to a business. They also create stress and uncertainty for business owners who must navigate them. Obtaining a litigation business valuation is a great way to strengthen your legal case.

Business Valuation 52

Business Valuation Appraisal Marketability 52

Peak Business Valuation

JULY 1, 2025

This upward trend presents strong opportunities for prospective coffee shop owners. Next, they apply a discount rate to these projections to determine the coffee shop’s present value. Next, the valuation report presents the findings with clear, evidence-based data. By analyzing cash flows, they can project future earnings.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Intangible Assets 52

Global Finance

FEBRUARY 5, 2025

The newly-admitted member of the BRICS bloc of developing economies presents companies with a stable alternative to China, low tariffs to the 677 million people of the Association of Southeast Asian Nations (ASEAN) and a 25-year history of democratic transition. GDP per capita (2024): $5,000 GDP growth (2024): 5% Inflation (2024): 2.5%

Banking 108

Banking Dividends Marketability Finance 108

Equilest

FEBRUARY 16, 2025

Discounted Cash Flow (DCF) Method DCF analysis estimates future cash flows and discounts them to present value using a discount rate. For example, if a startup expects cash flows of $10 million annually for the next 5 years and the discount rate is 10%, the present value of those cash flows might be approximately $37.9

Discounted Cash Flow 40

Discounted Cash Flow Comparable Company Analysis Equity Business Valuation 40

Peak Business Valuation

JUNE 17, 2025

Please note that the figures we present reflect industry averages and do not account for the unique characteristics of your shop. Machine shop operators can use this information to maximize the fair market value of the business. This article covers the most common valuation multiples used for machine shops.

Fair Market Value 52

Fair Market Value Business Valuation EBITDA Appraisal 52

Peak Business Valuation

NOVEMBER 27, 2024

The income approach uses the future cash flow potential of the business to determine its present value. It assesses financials and compares them to similar companies that recently transacted. It also takes into account risks associated with a business. Read How to Value an Apparel Wholesaler to learn more about the valuation process.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Marketability 52