Global BV News and Trends July 2022
Business valuation news from a global perspective.
Valuing Nightclubs, Bars, and Adult Cabarets
That’s the title of the latest installment in BVR’s What It’s Worth series of industry-specific valuation guides.
Coronavirus Updates for 24 U.S. Industries
The latest news from the Vertical IQ industry research platform.
BV News and Trends June 2022
A monthly roundup of key developments of interest to business valuation experts.
Comment on COE data sources survey
In last week’s issue, we reported on a survey of the data sources analysts use to estimate the cost of equity (COE) (click here to see the news item).
Cannabis lawsuit could be a game changer
A coalition of influential marijuana companies and stakeholders are planning to sue the federal government over alleged unconstitutional policies that affect their operations, according to a report in Marijuana Moment.
Hitchner surveys COE data sources of choice
The Kroll (formerly Duff & Phelps) Navigator has been the consistent clear choice for cost of equity (COE) data by valuation analysts, according to ongoing surveys by Jim Hitchner (Valuation Products and Services).
The Dental Valuation Revolution
The valuation landscape for dental practices is changing rapidly. Private equity funds and dental service organizations have entered the industry in force. Experts Matthew Howard and Kam McQuay will engage in discussions around what is the definition of “any given buyer” for practices and how to include this relevant buyer in your valuations. They will also discuss industry-specific considerations for valuations concerning the officer compensation adjustment and typical and some not-so-typical income statement and balance ...
BV News and Trends May 2022
A monthly roundup of key developments of interest to business valuation experts.
Strong M&A outlook in the food and beverage sector
“With an abundance of capital in private equity markets and large corporate players realigning their strategic vision, we believe 2022 is trending toward another strong year of M&A activity in the food and beverage space,” reports “Food and Beverage M&A Landscape” (Spring 2022) from Kroll.
Global BV News: Higher returns at Saudi Arabia banks
Because aggregate net income increased by 15.5% in 2021 (versus 2020), there was an increase in profitability ratios, reports Saudi Arabia (KSA) Banking Pulse for FY 2021 from Alvarez & Marsal (A&M).
Strong turnout for ASA Houston’s energy valuation event
BVR had 100 online attendees for its webcast of the Houston ASA Energy Valuation Conference, and more than 100 attendees were on-site, so it was another strong turnout for this event, which is in its 12th year.
Hitchner examines the Pepperdine survey
BVR has long been a supporter of the Pepperdine University Capital Markets Project, which conducts an annual survey of expected rates of return with respect to private companies.
Health Clubs & Gyms: Working Out the Value
Come and get your reps in! Learn what you need to know about the valuation of health clubs. Whether the club is a franchise or a stand-alone, the unique aspects of health club valuations require specific industry research to be performed that can make a big impact on the outcome of the valuation. Expert Gary Trugman has done the heavy lifting, and, by attending this program, participants will avoid making some of the fatal errors ...
Becoming an industry expert—from the ground up
Some valuation analysts become expert in certain industries by chance—they get some engagements in a particular sector and learn along the way.
New trends help eateries build business
Virtual restaurants—commercial kitchens that operate through delivery services and do not have a physical dine-in space—are increasing due to the coronavirus pandemic, reports the Vertical IQ industry research platform in a recent “Coronavirus Update” for the restaurant industry.
A Nation Getting Older: Valuing Senior Citizen Focused Companies
Join Vanessa Claiborne to learn the latest market trends in senior living, including the impact of the pandemic on value, key valuation metrics, and the short- and long-term outlook for valuations. With discussions on both skilled nursing and senior housing, this event will assist you in practical ways. Don’t miss this distinguished event.
Holy cow! New York Yankees hit $6 billion in value
That’s what the legendary announcer Phil Rizzuto would be yelling over this news.
‘Eye-opening’ valuations for RIA firms
A review of 2021 M&A activity among registered investment advisors (RIAs) shows that valuations “increased materially, while the median-adjusted EBITDA multiple set a record,” according to the newest edition of “The RIA Deal Room,” an annual study from Advisor Growth Strategies.
Three special BVR workshops in May: energy, estate/gift, and intangibles
The month of May will see BVR webcast three special events.
Power Panel: Industry Insights
Join our power panel of three industrious valuation professionals: Jay Fishman, Bryce Erickson, and Donald Erickson. Every business is different, but some are more different than others. When tackling engagements in a new or different industry, what are the questions you should be asking to be successful? Using sports franchises, oil and gas, and software as a service as examples, the panel will explore the impact of industry on valuation.
Appraiser Uses Direct Way to Estimate Private-Company Cost of Equity
One appraiser, after 25 years and over 1,000 valuations of small owner-operated businesses, says that these firms bear no relation to public companies, so why look to the public markets for data when estimating cost of capital? Here’s the method he uses, which looks directly at the private capital markets and does not require any expensive resources.
Unique Pitfalls in Valuing a Diagnostic Imaging Center
Some advice from Douglas Smith (Phase 4 Radiology Business Strategies LLC), whose entire practice is dedicated to the diagnostic imaging space. He is not an accredited valuation expert but is called in by appraisers as a third-party expert to perform analyses and forecasts for these entities.
BV News and Trends March 2022
A monthly roundup of key developments of interest to business valuation experts.
Reminder: Pepperdine’s private cost of capital survey
Many valuation experts refer to the annual “Pepperdine Private Capital Markets Report” when estimating small private-company cost of capital.