Valuing paving contractors
BVR just released a new installment in its series of What It’s Worth guides: Valuing Paving Contractors.
Architecture and Engineering Business Valuation and M&A Transaction Study, Fifth Edition
April 2018 PDF
Rusk O'Brien Gido Partners
Rusk O'Brien Gido Partners
Tips on choosing the best valuation approach when valuing home healthcare businesses
As with other industries, a unique set of variables drive the profitability and risks associated with home healthcare service lines, making it difficult to make global assumptions. Appraisers need to develop an understanding of each home healthcare service line and how they interact if the subject business operates in two service lines or more. Appraisers also need to choose the best valuation approach for the unique service line they are valuing. Here are a few tips on each of the approaches.
What It's Worth: Valuing Paving Contractors
April 2018 PDF
BVR (editor)
Business Valuation Resources, LLC
Top five business valuation tips from recent training webinars
As a busy business valuation professional, you may not always have the time to attend training events. We’ve compiled the top five tips from recent BVR webinars on the most timely and important topics in the profession.
Should appraisers be guessing on company-specific risk?
Of all the components that make up the cost of equity (COE), the company-specific risk premium (CSRP) often has the biggest impact on your discount rate. And, while appraisers rely on hard data for all of the other inputs in the COE, the CSRP is more or less a guess—which can send your business valuation off course. Check out BVR's infographic.
What’s an auto dealership worth? Explore the four primary value drivers
From a business valuation perspective, automobile dealerships are different from other commercial businesses. In fact, the unique nature of the car-buying experience is only one of many unique aspects that make it tough for owners to answer the common question, “what is my car dealership worth?” To provide a road map for owners who may be considering selling their dealership and for the business appraisers tasked with valuing them, BVR asked experts to identify the top factors that impact the value of new car dealerships.
Survey says? Alternative approach to the fair market value of physician compensation
For well over a decade, the use of physician compensation surveys has been the predominant paradigm for establishing the fair market value of physician compensation. In two recent BVR webinars on the fair market value of physician compensation, healthcare valuation experts Mark Dietrich and Timothy Smith refute conventional wisdom regarding the compensation hospitals pay to employ physicians and offer an alternative approach to determine fair market value.
Valuing Manufacturing Companies: Value Drivers and Industry Risk
The U.S. manufacturing sector consists of about 256,000 companies with combined annual sales of about $5.5 trillion, according to First Research. Join veteran appraisers Jay Gibson and Brent McDade as they help you assemble your next value for a manufacturing company. Learn about the methodology selection and why it is important to report your opinions using the vernacular of the manufacturing industry. Learn to better defend the procedures and judgments that comprise your valuation and ...
New Tax Law Adds Nuances to Valuing Wineries
The Tax Cuts and Jobs Act includes special tax breaks for a number of industries, including the winery sector. This adds to the special differences experts need to consider when valuing these entities.
FactSet Mergerstat Review, 2018
May 2018 Hardcover, PDF
FactSet Mergerstat
Business Valuation Resources, LLC
Dental Practice Valuation 2017: Drilling Into the Value Drivers
Dental practice values have continued to increase over the past three years. Fewer sellers, a growing pool of potential buyers (including corporate), increased competition, and higher costs involved with establishing a “cold start” practice have all contributed to higher values and more opportunity for business valuation professionals. Industry expert Steve Molinelli shares his transaction experience and gives insight into the evolving market dynamics. Jim Anderson translates how those changes should be incorporated into your valuation ...
Valuing Franchises: Beyond Restaurants
Hertz. Marriott. RE/MAX. Franchises are everywhere. Join expert Nevin Sanli for an overview on franchises, the franchisor and franchisee relationship, and key terms found in franchise disclosure documents agreements. Learn the key considerations and potential challenges that may arise while valuing nonfood franchisors or franchisees. With over 30 years of experience, Nevin Sanli will share a detailed case study on the valuation of a franchisee that will provide real-time insight into the thought process as ...
Valuing Auto Dealerships: Applicable Methods, Value Drivers, and Current Economic Environment
Join Tim York and Adam Lawyer to learn about a multitude of considerations to take into account when valuing an automotive dealership, including franchise, location, real estate, management, and more. Today’s dealership valuation environment is further impacted by continued consolidation, a new wave of investors, the cyclical nature of the business, and possible other industry disrupters. Get the presenters’ perspectives on the many unique factors to consider in auto dealership valuation along with an update ...
Revenue mix is key to valuing HVAC companies
There is a big swing in prices for HVAC firms—from under 10% of revenue to over 100% of revenue—depending on the mix of business.
Valuation of Private Equity Firms and Interests
Understanding the technical issues that arise in valuations of private equity firms and private equity fund interests is an advanced skill. Develop and hone that expertise with the help of experts Vladimir Korobov and Peter Rahe. In this webinar, attendees will learn the typical fund management structures and understand the impact of profit participation/carried interest on value. You'll get practical pros and cons about the methodologies including the discrete DCF, Monte Carlo simulation-enhanced DCF, and ...
What It's Worth: Valuing HVAC Companies
August 2017 PDF (93 pages)
Business Valuation Resources, LLC
Bonding is a key valuation nuance for electrical contractors
The bonding process is very important for electrical contractors, especially in large metropolitan areas where they can’t work on certain jobs without being bonded.
What It's Worth: Valuing Electrical Contracting Companies
July 2017 PDF (105 pages)
Business Valuation Resources, LLC
Restaurant Valuation: Industry Segments, Trends, and the Impact of Real Property
Restaurants are one of the most prevalent business types in the U.S., with recent counts at over 600,000 of various types. Due to intensive competition, there is a high failure rate. There is also substantial activity in the sale of restaurants, which creates a need for business valuation work, whether for SBA financing or for a buyer or seller. Business appraisers are challenged to account for industry risk in assigning an appropriate discount rate. Franz ...
The BVR Private Company Value Benchmark Guide, 2017-2018 Edition
June 2017 PDF (425 pages)
BVR (editor)
Business Valuation Resources, LLC
BizMiner: Dig Into the Data With Powerful Upgrades and Client-Friendly Outputs
In this free event focusing on BizMiner, see the power of the most granular industry financial and market analysis available that has been utilized by the valuation community for over a decade. If you are a current subscriber, you’ll get up to speed on the expanded data and improved formatting including new metrics and customization options. If you’re not a subscriber, join us for an exclusive tour of new offerings and features from this powerful ...
Valuing Loan Guarantees
Make your reservation for this case study-focused session starring the probability-weighted expected return method (PWERM). Using the backdrop of a clinical stage biotech company, you’ll observe the differences and similarities between the PWERM and the option pricing method. Join leading expert Annika Reinemann, who will lead a discussion of PWERM when challenged with several potential solutions. Whether you’re performing calculations with weighted average discount rates, underfunded cash flows, or the inclusion of future rounds, this ...
Current Trends in Ambulatory Surgery Center Valuations
The healthcare industry has been searching for ways to reduce healthcare costs while also increasing patient quality and satisfaction. Ambulatory surgery centers (ASCs) are strategically positioned to help bend the cost curve and increase patient satisfaction, which has led to a rise in popularity of investments in ASCs. Experts Angie Smith and Robert Mundy bring you up to speed with an overview of the ambulatory surgery center market and how ASCs fit within healthcare reform.
Purchase Price Allocations for Banks
Purchase price allocations for banking and financial services M&A are a key offering for those working within the industry. Invest 100 minutes in this discussion with Rick Childs and Charles Clow, and understand the unique aspects of ASC 805 as applied to the banking/financial services industry. This balanced discussion offers something for beginners and advanced practitioners including a review of loan valuation and core deposit customer relationship intangibles. In addition to valuation professionals, this program ...