PinnedThe control premium controversyThe control premium story changed over thirty years ago, but the application of control premiums still appears to be a controversial…Nov 16, 2023Nov 16, 2023
2025 International Valuations StandardsThe updated International Valuation Standards (the Standards) were published in January 2024 and apply to all valuations from 31 January…Jan 8Jan 8
Estimating an illiquidity discount using option modellingAn investor in a public company can sell their shares instantaneously. In comparison it usually takes time for an investor in a private…Nov 16, 2023Nov 16, 2023
How to value a start-up?!Valuing a start-up or young company can be problematic. Key problems can include:Nov 16, 2023Nov 16, 2023
Valuing private companies part 2: Quantifying illiquidityCompared to a hypothetical diversified investor in a public company, a hypothetical controlling investor in a private business can…Nov 16, 2022Nov 16, 2022
Valuing a veterinary practiceThere appears increasing financial interest in the veterinary industry with publicly listed and private equity-backed companies actively…Nov 11, 2022Nov 11, 2022
Valuing private companies Part 1: Quantifying systematic and unsystematic riskCompared to a hypothetical diversified investor in a public company, a hypothetical investor in a private business can potentially suffer…Aug 29, 2022Aug 29, 2022
Valuing businesses and applying control premiumsThe market share price of a listed public company represents the portfolio interest price. That is to say, the price an investor is…Oct 27, 2020Oct 27, 2020
Valuing a privately-held business: measuring illiquidityThe value of a privately-held business maybe calculated using a discounted cash flow method or a capitalisation of earnings method; both…Sep 8, 2020Sep 8, 2020
What is Forensic Accounting?Forensic /fəˈrɛnsɪk/ relating to courts of law, from Latin forensis ‘in open court, public’,Aug 3, 2020Aug 3, 2020