Appraising Billboard Companies

BVResearch Pro
American Society of Appraisers Business Valuation Review™
Fall 2003 Volume 22, Issue 3 pp. 142-148
Jeffrey P. Wright, ASA, CFA


Billbard companies are usually worth surprisingly high prices on the market. Buyers and sellers rely almost exclusively on market multiples that are widely recognized as the best meaures of fair market value. Discount rates and capitalization rates in this industry are more closely aligned with real estate yields than returns on operating businesses.
Appraising Billboard Companies
PDF, Size: 697 KB

Copyright American Society of Appraisers

The information contained in this product is based on content obtained by ASA from sources considered to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. BVR and ASA accept no liability for the use of such information which is provided "AS IS" and with no warranties, express or implied.