Corporate Valuation

For Corporations

Profound knowledge of valuation in general and corporate valuation in particular is relevant and indispensable for the following situations:

  • investment decisions: through comparison of value and price it helps to avoid value-exceeding purchase prices of assets and companies and therefore increases quality of investment and financing decision. Valuation is part of the investment decision.

  • acquisition or sale of companies and business units: sufficient valuation competence allows to:

    • create one’s own valuations

    • cross-check and assess valuations prepared by third-parties

    • actively and competently participate and lead negotiation talks

Content
& Aims

Key Contents
  • Overview of market established valuation methods for valuation of assets, investments, real estate and companies with focus on:

    • Discounted Cash Flows (DCF)

    • Accurate computation of Free Cash Flows

    • Weighted Average Cost of Capital (WACC)

    • Terminal Value

  • Application of content through valuation of real life examples (a comparison with real valuation results of actual corporate valuations increases the participant’s confidence in own valuation capabilities.)

  • Alternatives of transfer of ownership of companies:

    • Leveraged Share Buy-Back

    • LBO/MBO

    • Leveraged Recapitalization

Objectives
  • Profound valuation knowledge

  • Avoiding of value-exceeding purchase prices of investments/acquisitions

  • More competent assessment of valuations prepared by third parties

  • Realization of attractive revenue potentials