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Project Finance vs. Corporate Finance: Careers, Recruiting, Financial Modeling, and More

Brian DeChesare

Project Finance Definition: “Project Finance” refers to acquisitions, debt/equity financings, and new developments of capital-intensive infrastructure assets that provide essential utilities and services. the value of the target company’s core business operations in the deal).

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Mercer’s Musings #3: Marketability Discounts Re Two Hypothetical Minority Interests

Chris Mercer

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.

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29 Valuation Interview Questions and Answers: Mastering the Art of Crackling Interviews

Equilest

Definition: Free Cash Flow to Firm (FCFF) represents the surplus cash generated by a company's operations, available after covering expenses and necessary investments. The resulting value represents the cash available to all contributors of capital—both debt and equity. Difference between Enterprise Value and Equity Value?

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Fair Market Value and the Nonexistent Marketability Discount for Controlling Interests

Chris Mercer

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.

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Mercer’s Musings #4: Factors to Consider in Valuing Partial Ownership Interests

Chris Mercer

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.

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How can I learn to valuate a company?

Equilest

This article aims to provide you with a comprehensive guide on how to value a company, covering different valuation methods, financial analysis, and qualitative factors. Understanding Company Valuation Definition of Company Valuation: Company valuation is the process of determining the economic value of a business entity.

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Mercer’s Musings #5: Pre-IPO Studies/Discounts and Marketability Discounts

Chris Mercer

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 per share The price at the subsequent IPO was $13.00 per share The pre-IPO price was $6.50