New case study for calculating DLOM using FMV Restricted Stock Study

BVR has added a new case study that offers step-by-step guidance when using the FMV Restricted Stock Study to calculate an effective and supportable discount for lack of marketability.   This new case study joins the other free DLOM resources, including BVR’s FMV Companion Guide, available at

The new free case study includes:

  • background information regarding a hypothetical minority interest in an operating company, including company-specific as well as broader economic data
  • valuation theory and empirical data related to the determination of the DLOM, and
  • illustration of  how this methodology is applied to this specific case.