Low-cost alternative for public-company data
BVWire recently met with Derek Zweig, a valuation practitioner who saw the need for a more affordable source of financial data when doing a guideline public company analysis.
Survey reveals use of Excel add-ins for the GPCM
As part of BVR’s ongoing surveys related to data resources and methodologies, we recently ran a short survey on the use of Excel add-ins for the guideline public company method (GPCM).
Reminder: Please take a survey on Excel add-ins for the GPCM
As part of BVR’s ongoing surveys related to data resources and methodologies, we’re exploring the use of Excel add-ins for the guideline public company method (GPCM).
Please take a survey on Excel add-ins for the GPCM
As part of BVR’s ongoing surveys related to data resources and methodologies, we’re exploring the use of Excel add-ins for the guideline public company method (GPCM).
Probing Questions Valuers Will Face About Their Guideline Transaction Analysis
Here are the questions a trier of fact (or other reviewer) will ask the analyst about his or her guideline transactions method. Includes a worksheet judges use to compare the work of two opposing experts.
A ‘Radical’ Market Data Approach to Startup Valuations
Michael Blake (Brady Ware & Co.) has issued a challenge to appraisers of early-stage companies: add rationality to valuing startups by relying more heavily on market inputs. The income approach is not always effective in prerevenue situations, so Blake turns to guideline public-company and transaction method alternatives.
Today! Take a fresh look at the GPC method
What are the best sources of data for the guideline public-company (GPC) methodology when valuing a closely held interest?
Updated DealStats Companion Guide now available
The DealStats public- and private-transaction database has a newly revised Companion Guide that reflects updated charts, graphs, and exhibits.
Reliable Valuations for Small and Medium Enterprise: M&A Methods Win
If you have been involved in an M&A transaction and seen how different the M&A model is from the buildup method with public data, have you ever wondered why the M&A model isn’t a key valuation approach or wondered how M&A data differ in character from public market data? In this seminar, Jim Lisi explains why the M&A model with private data is the more reliable approach. The difference between deal data for whole companies ...
GameStop and AMC set the stage to redefine ‘fair’ investment value
BVWire—UK hopes all of our readers are silently enjoying the GameStop and AMC stock price explosion these last two weeks.
Business Valuation: An Integrated Theory, 3rd Edition
October 2020 Hardcover
Chris Mercer, Travis Harms
John Wiley & Sons, Inc.
The revised and updated third edition of Business Valuation: An Integrated Theory explores the core concepts of the integrated theory of business valuation and adapts the theory to reflect how the market for private business actually works. In their book, the authors—two experts on the topic of business valuation—help readers translate valuation theory into everyday valuation practice.
Learn more >>
Time to Take a Fresh Look at the Use of Transaction Databases
This is an adaptation of an article contained in the new fourth edition of The Comprehensive Guide to the Use and Application of Transaction Databases.
DealStats now lets nonsubscribers search comparables
The DealStats public- and private-transaction database now allows a nonsubscriber to fully utilize the “Quick Search” and “Search” tabs to view limited information on the “Data” tab.
New enhancements made to DealStats transaction database
DealStats (formerly Pratt’s Stats), the state-of-the-art platform for private- and public-company transaction comparables, has made some enhancements.
How to avoid trouble when using transaction databases
Understand your data!
Put extra scrutiny on market comps, panel advises
The market approach is obviously troublesome now, which makes it even more important to scrutinize your comps, according to a panel that participated in BVR’s second free Town Hall event on the impact of COVID-19 on valuations.
Guideline Public Company Comps Tool
EBITDA multiples by industry: 2Q 2019 analysis on private-company selling prices
Business Valuation Resources recently published EBITDA multiples by industry in our DealStats Value Index (DVI). DVI presents an aggregated summary of valuation multiples and profit margins for over 30,000 sold private companies listed in our DealStats database. This post includes some of the highlights from the report.
Better. Faster. Free. How Business Intermediaries Can Excel With DealStats (A Free Webinar)
Listing a business with well-researched comps and data-backed analysis gives confidence to both the advisor and business owner. In this special session, designed for business intermediaries and business brokers, learn how to use DealStats (formerly Pratt’s Stats) to identify and analyze comparable private business sales. DealStats has advanced search functionality and built-in analysis tools to take the pain out of doing market research. Join over 10,000 deal professionals who make up the BVR Contributor Network ...
Due Diligence and Valuation in M&A: Conventional and Transformational Transactions
© 2018 Business Valuation Resources, LLC. All Rights Reserved. August 15, 2018 Webinar Handbook Due Diligence and Valuation in M&A: Conventional and Transformational Transactions Featuring: Paul Daddio (Baker Tilly) Ken Fleming (Baker Tilly) Due Diligence and Valuation in M&A: Conventional and Transformational Transactions Please note: This Handbook does not qualify for self study CPE credits. Copyright © 2018 Business Valuation Resources, LLC (BVR). All rights reserved. The materials contained herein represent the opinions of ...
DealStats: Market Data. Evolved. (A Free Webinar)
This July, Pratt's Stats will become DealStats, an enhanced and vastly upgraded transaction data platform. While maintaining all of the critical features you have come to rely on, BVR has added upgraded and enhanced benefits for valuation's go-to source for the market approach. If you perform the market approach, you know the value of finding better comps faster. Don’t miss this event led by the ace team behind the data, and be ready for the ...
New edition of Understanding Business Valuation now available
In addition to revisions to existing material and examples, there’s new material on valuing stock options, preferred stock, debt, and startup ventures.
Tennessee dissenters claim Delaware block method is passé
The use of the Delaware block method in Tennessee recently came under attack in a case involving a closely held Nashville, Tenn.-based media company whose controlling shareholders had pursued a squeeze-out merger and later asked the trial court for a judicial appraisal of the dissenting shareholders' interest.
Flop film poses unique valuation challenge
A recent bankruptcy-related case in front of the California Court of Appeal raises important questions about how one quantifies the value of a dated piece of art, a film, for which there never was a market in the first place.
Chancery relies on income approach to determine fair value in problematic bank merger
In a statutory appraisal action, the Delaware Court of Chancery recently found the deal price did not reflect fair value because the sales process was suboptimal. Certain other methods the parties' experts used also were inadequate to the task, the court said.