The company valuation ...
... gives you a new perspective on the value of your company.
And shows you from the perspective of neutral experts in which price range you can negotiate.
... determines the right valuation method for your situation.
Depending on your objectives, we select the appropriate form with you.
... supports you in differentiating between assets that are essential to your business and other assets.
This provides you with valuable planning opportunities to optimize the value of your company.
... helps you plan your succession.
Knowing the value of your business is almost as important as being prepared to let go.
... gives you security in purchase or sales negotiations.
By knowing the upper and lower limits, you know exactly how to perform.
A company valuation helps you identify your company's value-related strengths and weaknesses long before a corporate transaction is contemplated. On this basis, you can take timely measures to optimize the value of your company. When it comes to the purchase or sale of a company, these are precisely the points that can lead to a reduction or an increase in the purchase price. Please make an appointment to benefit from the rich experience of our valuation experts.
1. basics
When valuing a company, two different perspectives are distinguished. On the one hand, the company's value from the owner's point of view considers the tangible assets and the working time invested in the company. On the other hand, the company's value from the potential buyer's perspective, who calculates the investment sum and possible returns that can be achieved with the company.
2. steps
The value of the company is determined by the company's ability to generate cash surpluses. The income and expenses discounted with a calculation interest rate are the theoretically correct enterprise value.
The following steps are distinguished in business valuation:
(a) Provision and preparation of specific information.
(b) Elimination of non-essential assets.
(c) Determination of the threshold values of the enterprise value.
(d) Derivation and determination of the enterprise value between upper and lower limit values, if individual valuations cannot be assumed as enterprise value.
3. Calculation procedure
The following procedures may be used to calculate the total value of the enterprise:
(a) the net asset value method.
The net asset value can be derived by determining the liquidation value, i.e., by estimating the business's components' summed sales values.
This method is suitable for companies whose assets consist mainly of real estate, machinery, warehouses, vehicles.
(b) the capitalized earnings value method
The discounted average profit achieved and - if necessary and applicable - adjusted for various items over the last three to five years is calculated in this method.
(c) the mean value method
This method calculates the average value from the different net asset value results and capitalized earnings value methods. The net asset value and capitalized earnings value are weighted and then added together to form the enterprise value. This is a specifically Swiss procedure, ranging from 1x substance value and 1x earnings value divided by two to a double or triple weighting of the earnings value ((1S+3E)/4).
(c) the Discounted Cash Flow (DCF) method.
The DCF method is based on future cash surpluses (also cash flow, cash flow) determined as part of corporate planning and discounts these to the valuation date using the cost of capital. Taxes payable (e.g., profit or capital tax) are included in the valuation. The present value of the net current worth determined in this way is the discounted cash flow. Typically, the future cash surpluses are divided into two phases: the first phase lasts 5-15 years—the second phase for which either a residual value to be determined separately or an infinity is assumed. In practice, the cost of capital is very often determined using a capital market model (CAPM). The financing effect resulting from the tax deductibility is mapped differently in the various DCF methods.
4. requirements
The company valuation results from separate occasions can be differentiated according to whether only business rules or whether special legal regulations are to be considered. It often influences whether the valuation is carried out on b
