Energy Valuation Conference May 13: Attend Live in Houston or BVR Webcast
For the second year, BVR is pleased to partner with the Houston Chapter of the American Society of Appraisers (ASA) to present a live webcast of the Energy Valuation Conference, which will take place on May 13 in Houston.
What It's Worth: Valuing Residential and Commercial Construction Companies
February 2020 PDF
Pasquale Rafanelli
Business Valuation Resources, LLC
Stripping Away the Mystery; Valuing Adult Cabaret Businesses
Valuing an adult cabaret business may make your colleagues laugh, but, with unique operating characteristics, entertainer relationships, and significant risks and contingencies, there are many concerns to give experts pause. Join David Shindel and Rod Burkert for a look at valuation rules of thumb and a discussion of the current operating environment. Learn the common reasons for valuations: eminent domain, estate and succession planning, damage claims, employment issues, and tax litigation. Learn about the various ...
A ‘one-time, historic opportunity’
That’s how Noam Hirschberger describes the burgeoning cannabis industry, which has triggered a critical need for financial and advisory services including valuation and tax planning that will play an important role in the ongoing success of firms in this industry.
HM Treasury releases major EY study of UK financial tech sector
Business valuers concerned about fintech can get a great view of this critical sector from ‘UK FinTech: On the Cutting Edge,’ a just-released study HM Treasury commissioned back in 2014 as part of the Chancellor of the Exchequer’s goal of making the UK the ‘global capital of FinTech.’
Two new resources from BVR
Valuations in the cannabis industry and BV benchmarks are the subjects of two new resources from BVR.
BVR Briefing - Cannabis and Hemp Valuations: A Market Analysis
January 2020 PDF
Ron Seigneur, Ryan Cram
Business Valuation Resources, LLC
A/E industry flying high
“Fueled by a national economic expansion that appears to have no limits, the A/E [architectural/engineering] industry is undoubtedly finishing this decade exhibiting some of the highest levels of confidence, optimism, and growth that we can recall,” says a report from Rusk O’Brien Gido + Partners.
What’s a trillion $ between friends
Saudi Aramco floated last week, and anyone intrigued by fair market value had to take note.
Cannabis appraiser comments on recent guidance
Last week’s BVWire covered the September 2019 AICPA FVS Eye on Fraud quarterly report, “Marijuana and Forensic Accounting—High Times for CPAs?”
AICPA guidance cautions on cannabis valuations
The American Institute of CPAs details the risks and opportunities for CPAs working in the cannabis industry in the latest “FVS Eye on Fraud” report.
Rules of Thumb Highlight the 2019 Business Reference Guide
By far, the most valuable information in the newest edition of this book is the coverage of pricing rules of thumb. This article discusses caveats when using rules of thumb and also reviews their use in litigation with reference to relevant court cases.
WeWork: Translating a business into a story with numbers
A great example of taking a business model and turning it into a narrative with numbers (something that is critical for a good valuation report) is in a recent blog post by Dr. Aswath Damodaran (New York University Stern School of Business) on the unraveling of the WeWork IPO.
Three Industry-Specific Value Drivers to Consider When Valuing Wind Farms
In BVR’s special report, What It's Worth: Valuing Oil, Gas, and Alternative Energy Assets, 2nd edition, the authors cover common value drivers when performing a wind farm valuation, including power purchase agreements, capacity factor, and tax credits.
Special Issues and Considerations When Valuing Wineries
Whether you are a business appraiser, a winery owner, or an investor, wineries are very unique to assess and have many variables that affect the value. Beyond the different valuation methods and how they can be applied to the wine industry, there are unique, industry-specific factors to be considered.
Industry forecast, profit drivers, and inherent risks for pest control services
Vertical IQ, an easy-to-use online service that focuses on the financial aspects of how firms operate in a particular industry, quickly turns you into an industry expert with hard-to-find intelligence on small- and medium-sized businesses. The following covers many of the unique areas of pest control services, which specialize in residential or non-residential services, including the industry forecast, business size and structure, profit drivers, and risks to watch out for.
Companies cite mass shootings as a risk factor
Several public companies have cited mass shootings as potential risk factors in their financial reports, according to the Wall Street Journal.
Sources of deal data for insurance agencies
During a recent BVR webinar on insurance agency valuation, the audience asked Lucas Parris (Mercer Capital) about sources of deal transaction data.
New edition of cannabis market research guide
For business appraisers who are valuing firms in the cannabis industry, The State of Legal Marijuana Markets, 7th edition, is now available.
Insurance Agency Valuation and Consolidation Trends
Insurance agency merger and acquisition activity has been at historic levels for the past several years. But not all insurance agencies are created equal. This session will address the current state of agency consolidation including industry trends, who’s buying and who’s selling, and potential changes on the horizon for insurance distribution. Join Lucas Parris of Mercer Capital as he reviews the valuation methodologies and drivers of value for insurance agencies.
Recording available of ASA Energy Valuation Conference
Last month, BVR webcast the Energy Valuation Conference, which was presented by the Houston Chapter of the American Society of Appraisers (ASA).
Industry Snapshot: Automobile Dealers
An at-a-glance overview and update on current trends, value drivers, and valuation approaches in the complex world of automobile dealerships.
Cannabis and Hemp: Valuation and Industry Update
As a high growth industry, cannabis and hemp business valuations and damages assessments are in demand. But, in this highly regulated industry, many “must know” considerations impact these engagements. Join experts Ron Seigneur and Ryan Cram for a discussion of the trends and opportunities facing these dynamic industry segments. Learn about the continuing regulatory and tax issues that must be considered and get an update on M&A and investment activity that are powering values. Ron ...
Eatery multiples in latest Duff & Phelps report
Publicly traded quick service restaurants had a mean multiple of 16.5x (enterprise value as a multiple of EBITDA) in 2018 and are estimated to achieve a multiple of 16.8x in 2019, according to the “Restaurant Quarterly Update—Spring 2019” from Duff & Phelps.
Corporate Cannabis: One-Hitter or Here to Stay?
This is the second installment in ktMINE's Cannabis series. In Part I, it discussed the marijuana IP landscape in general and explored trademarks in the industry. In this post, it investigates the potential movement of Big Pharma and multinational agricultural corporations into the cannabis space.