Chris Mercer

MARCH 7, 2024

Factors to consider A number of factors may be appropriate to consider in valuing partial ownership interests. The purpose and definition of the valuation engagement in accordance with BVS–I General Requirements for Developing a Business Valuation, including the applicable standard (type) and premise of value.

Dividends 52

Dividends Appraisal Terminal Value Business Valuation 52

Chris Mercer

FEBRUARY 23, 2024

The Value of an Interest in a Business The value of an interest in a business is similarly defined by the expected cash flow to the interest , the expected growth in value of the interest over the expected holding period, and the expected terminal value of the interest at the end of the expected holding period.

Marketability 52

Marketability Terminal Value Dividends Discounted Cash Flow 52

Equilest

NOVEMBER 25, 2023

Uncover the intricacies of financial modeling, from understanding fundamental concepts like Free Cash Flow to Firm and Dividend Discount Model, to navigating advanced methodologies such as LBO and DCF. The resulting value represents the cash available to all contributors of capital—both debt and equity. What is Dividend Discount Model?

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

Chris Mercer

MARCH 8, 2023

This post provides a discussion of several implications of the definition of the standard of value known as fair market value. We focus first on the definition of fair market value. This post is the first in a series of posts in which we will discuss fair market value in more detail.

Fair Market Value 52

Fair Market Value Marketability Appraisal Business Valuation 52

Brian DeChesare

AUGUST 10, 2022

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. Essentially, the NAV Model is a super-long-term DCF without a Terminal Value.

Banking 98

Banking EBITDA Dividends Equity 98

Chris Mercer

MARCH 29, 2024

The information we can glean from this definition and example is limited to the following: A transaction occurred at some point prior to an IPO (perhaps three months, six months, nine months, or a year or more) The pre-IPO price was $6.50 The private company is expected to pay a dividend that will yield 6.5% Take one pre-IPO discount.

Marketability 52

Marketability Appraisal Business Valuation Dividends 52