Getting the Most from the Mergerstat®/BVR Control Premium Study
Many practitioners use this database for minority discounts and control premiums, but did you know that this database serves as an excellent valuation tool? The valuation multiples published by the database are imperative when utilizing the merged and acq ...
Valuation and Technology: A Panel Discussion (Keynote Quarterly)
What does the future of valuation look like? In partnership with the North California Chapter of the ASA, a panel of experts has been put together to answer this question. Lorenzo Carver, Greg Endicott, Joseph French, Bharat Kanodia, Steven Liu, and Adam Manson each bring a unique perspective and background in the overlap between technology and valuation. See examples of how technology is transforming valuation practices today and learn what technology you need to start ...
American Business Appraisers and BVR Annual Key Issues Update
Every year American Business Appraisers brings together experts from across the country for a frank and practical discussion of the issues impacting business valuation. This year, everyone is invited to four great sessions. Get a current update on the SBA Paycheck Protection Program and the forgiveness application. Adam Rosenfield gives an overview of what the most recent changes to the program are and how that affects clients/future clients. Get guidance on how the loan and ...
Volatility of Financial Metrics: Important Data for Contingent Consideration Valuations
This article presents the first detailed statistical analysis of the volatilities of various commonly encountered financial metrics used in contingent consideration (and earn-out) agreements. The valuation of contingent consideration using an option-based methodology and non-equity volatilities is becoming more common in business valuation. We provide clear evidence that the volatility of five financial metrics—revenue; earnings before interest, taxes, depreciation, and amortization (EBITDA); EBIT, net income, and total assets—is strongly, negatively related to firm size and ...