Home
Search results “Valuation methods for business”
3 ways to value a company - MoneyWeek Investment Tutorials
 
08:11
Valuing a company is more art than science. Tim Bennett explains why and introduces three ways potential investors can get started. Related links… • How to value a company using discounted cash flow (DCF) - https://www.youtube.com/watch?v=jfcRUzKZZE8 • How to value a company using net assets - https://www.youtube.com/watch?v=rV68zoBKTJE • What is a balance sheet? https://www.youtube.com/watch?v=DuKEcxVplnY MoneyWeek videos are designed to help you become a better investor, and to give you a better understanding of the markets. They’re aimed at both beginners and more experienced investors. In all our videos we explain things in an easy-to-understand way. Some videos are about important ideas and concepts. Others are about investment stories and themes in the news. The emphasis is on clarity and brevity. We don’t want to waste your time with a 20-minute video that could easily be so much shorter.
Views: 237042 MoneyWeek
How to Value a Company in 3 Easy Steps - Valuing a Business Valuation Methods Capital Budgeting
 
09:40
Clicked here http://www.MBAbullshit.com/ and OMG wow! I'm SHOCKED how easy.. Just for instance I possessed a company comprising of a neighborhood store. To put together that center, I invested $1,000 one year ago on apparatus along with other assets. The equipment in addition to other assets have depreciated by 10% in a single year, so now they're valued at only $900 inside the accounting books. In case I was going to make an effort to offer you this company, what amount would an accountant value it? Relatively easy! $900. The cost of the whole set of assets (less liabilities, if any) can give accountants the "book value" of a typical organization, and such is systematically how accountants observe the worth of an enterprise or company. (We employ the use of the word "book" because the worth of the assets are penned within the company's accounting "books.") http://www.youtube.com/watch?v=6pCXd4i7DM0 However, imagine this unique company is earning a juicy cash income of $2,000 annually. You would be landing a mighty incredible deal in the event I sold it to you for just $900, right? I, on the flip side, might be taking out a pretty sour pact in the event I offered it to you for just $900, on the grounds that as a result I will take $900 but I will shed $2,000 per annum! Due to this, business directors (dissimilar to accountants), don't make use of merely a company's book value when assessing the value of an organization.So how do they see how much it really is worth? To replace utilizing a business' books or even net worth (the market price of the firm's assets minus the business enterprise's liabilities), financial managers opt to source enterprise worth on how much money it gets in relation to cash flow (real cash acquired... contrary to only "net income" that may not generally be in the format of cash). Basically, a company making $1,000 "free cash flow" monthly having assets worth a very small $1 would remain to be worth a great deal more versus a larger company with substantial assets of $500 in the event the humongous company is attaining only $1 yearly.So far, how do we achieve the exact value of your business? The simplest way would be to mainly look for the net present value of the total amount of long run "free cash flows" (cash inflow less cash outflow).Needless to say, you will come across much more sophisticated formulas to find the value of a company (which you wouldn't genuinely need to learn in detail, since there are numerous gratis calculators on the web), but practically all of such formulas are in a way driven by net present value of cash flows, plus they are likely to take into consideration a few factors for example growth level, intrinsic risk of the company, plus others.
Views: 293120 MBAbullshitDotCom
Valuation Methods
 
05:34
When valuing a company as a going concern there are three main valuation methods used by industry practitioners: (1) DCF analysis, (2) comparable company analysis, and (3) precedent transactions. These are the most common methods of valuation used in investment banking, equity research, private equity, corporate development, mergers & acquisitions (M&A), leveraged buyouts (LBO) and most areas of finance. Click here to learn more about this topic: https://corporatefinanceinstitute.com/resources/knowledge/valuation/valuation-methods/
Private Company Valuation
 
23:32
In this tutorial, you'll learn how private companies are valued differently from public companies, including differences in the financial statements, the public comps, the precedent transactions, and the DCF analysis and WACC. Get all the files and the textual description and explanation here: http://www.mergersandinquisitions.com/private-company-valuation/ Table of Contents: 1:29 The Three Types of Private Companies and the Main Differences 6:22 Accounting and 3-Statement Differences 12:04 Valuation Differences 16:14 DCF and WACC Differences 21:09 Recap and Summary The Three Type of Private Companies To master this topic, you need to understand that "private companies" are very different, even though they're in the same basic category. There are three main types worth analyzing: Money Businesses: These are true small businesses, owned by families or individuals, with no aspirations of becoming huge. They are often heavily dependent on one person or several individuals. Examples include restaurants, law firms, and even this BIWS/M&I business. Meth Businesses: These are venture-backed startups aiming to disrupt big markets and eventually become huge companies. Examples include Kakao, WhatsApp, Instagram, and Tumblr – all before they were acquired. Empire Businesses: These are large companies with management teams and Boards of Directors; they could be public but have chosen not to be. Examples include Ikea, Cargill, SAS, and Koch Industries. You see the most differences with Money Businesses and much smaller differences with the other two categories. The main differences have to do with accounting and the three financial statements, valuation, and the DCF analysis. Accounting and 3-Statement Differences Key adjustments might include "normalizing" the company's financial statements to make them compliant with US GAAP or IFRS, classifying the owner's dividends as a compensation expense on the Income Statement, removing intermingled personal expenses, and adjusting the tax rate in future periods. These points should NOT be issues with Meth Businesses (startups) or Empire Businesses (large private companies) unless the company is another Enron. Valuation Differences The valuation of a private company depends heavily on its purpose: are you valuing the company right before an IPO? Or evaluating it for an acquisition by an individual or private/public buyer? These companies might be worth very different amounts to different parties – they *should* be worth the most in IPO scenarios because private companies gain a larger, diverse shareholder base like that. You'll almost always apply an "illiquidity discount" or "private company discount" to the multiples from the public comps; a 10x EBITDA multiple is great, but it doesn't hold up so well if the comps have $500 million in revenue and your company has $500,000 in revenue. This discount might range from 10% to 30% or more, depending on the size and scale of the company you're valuing. Precedent Transactions tend to be more similar, and you don't apply the same type of huge discount there for larger private companies. You may see more "creative" metrics used, such as Enterprise Value / Monthly Active Users, especially for private mobile/gaming/social companies. DCF and WACC Differences The biggest problems here are the Discount Rate and the Terminal Value. The Discount Rate has to be higher for private companies, but you can't calculate it in the traditional way because private companies don't have Betas or Market Caps. Instead, you often use the industry-average capital structure or average from the comparables to determine the appropriate percentages, and then calculate Beta, Cost of Equity, and WACC based on that. There are other approaches as well – use the firm's optimal capital structure, create a giant circular reference, or use earnings volatility or dividend growth rates – but this is the most realistic one. You use this approach for all private companies because they all have the same problem (no Market Cap or Beta). You'll also have to discount the Terminal Value, but this is mostly an issue for Money Businesses because of their dependency on the owner and key individuals. You could heavily discount the Terminal Value, use the company's future Liquidation Value AS the Terminal Value, or assume the company stops operating in the future and skip Terminal Value entirely. Regardless of which one you use, Terminal Value will be substantially lower for this type of company. The result is that the valuation will be MOST different for a Money Business, with smaller, but still possibly substantial, differences for Meth Businesses and Empire Businesses. http://www.mergersandinquisitions.com/private-company-valuation/
Valuation Methods: How To Value a Business, a Company or Shares
 
07:01
Brought to you by http://www.HowToInvestInShares.co.uk - this video teaches you the 3 main methods of valuing a business, a company or its shares.
Views: 35549 SharesCoach
3 Minutes! How to Value a Business for Company Valuation and How to Value a Company
 
02:36
omg Clicked here http://mbabullshit.com/ I'm so SHOCKED how easy... If You Like My Free Videos, Support Me at https://www.patreon.com/MBAbull Let's say you have a lemonade stand: It has a table worth $10, a pitcher worth $5, and drinking glasses worth $5... So a total of $20. If someone offers you $21 to buy your lemonade business, what would you say? Maybe you'll say "yes" because its assets are worth only $20 But what if... your lemonade business is safely and consistently earning you a net profit or cashflow of $100/year? Would you still sell it for $21? Of course not! Why? You will get $21, but you will lose $100 every year, forever. As financial managers, we tend to value a business based on the value of its earnings...
Views: 71404 MBAbullshitDotCom
Small Business Valuation - Most Probable Selling Price - How to Value a Business
 
13:36
www.BusinessAndAssetValues.com In this video I answer common questions about who needs a small business valuation, how I complete the valuation exercise and what the final report document looks like. Learn more about our appraisal services at http://www.BusinessAndAssetValues.com Learn how we can help you buy a business at http://www.BusinessBuyerAdvantage.com Learn how we can help you sell your business at http://www.HowToSellMyOwnBusiness.com Serving clients everywhere.
Determining Business Value - The Income Method
 
05:50
Discover more about this straightforward, common sense approach to help you value a business with the Income approach. Whether you are buying a business or selling a business, this simple explanation of the Income valuation approach will be helpful and will give you something to use as comparison when talking value with brokers or colleagues. Basic, rule-of-thumb lessons such as this one can't consider all of the small details involved in determining an accurate business value, so don't make a purchase or sale based only on this. Talk to your current business advisors about how cash flow and cap rate apply to your particular situation, or talk with Steve via email or phone to get his advice. Steven Schlagel is a CPA and Certified Valuation Analyst with offices in both Durango, CO and Farmington, NM. More than the typical CPA, Steve mentors, coaches and consults with small business owners just like you every day to help them solve problems and build value in their business. Small Business Mentor | Small Business Coach | Small Business Consultant http://stevenschlagel.com/in-a-hurry-to-get-the-entire-buy-a-business-course/#.UeVpTfmG2Sp
Views: 30331 Steven Schlagel
Session 1: Introduction to Valuation
 
16:15
Lays out the rationale for doing valuation as well as the issues of bias, complexity and uncertainty that bedevil it.
Views: 410829 Aswath Damodaran
Business Valuation Free Cash Flow Method
 
11:00
How to determine the value of a business or project using the free cash flow method. For more information visit www.calgarybusinessblog.com
Views: 35625 Matt Kermode
Kaplan Masterclass Business Valuations
 
01:01:57
Peter Nunn, Live Online Tutor at Kaplan, explores different approaches to business valuations. Relevant to ACCA students of F9 and CIMA students of F3.
Views: 7231 Kaplan UK
How to value a company using discounted cash flow (DCF) - MoneyWeek Investment Tutorials
 
10:50
Every investor should have a basic grasp of the discounted cash flow (DCF) technique. Here, Tim Bennett introduces the concept, and explains how it can be applied to valuing a company.
Views: 439454 MoneyWeek
How to value a company using net assets - MoneyWeek Investment Tutorials
 
10:13
Following on from his "3 ways to value a company" video, Tim introduces the first method called the 'net assets approach'. Along the way he explains how it works, how it helps investors, and also points out some of its pitfalls.
Views: 95471 MoneyWeek
ACCA P4 BUSINESS VALUATION
 
38:57
for more ACCA P4 advanced financial management videos please visit: http://www.accaapc.com much appreciate any comment is made after watching this video
Views: 25085 APCsteve
An example of how to calculate the value of my small busine
 
04:51
http://www.onesherpa.com demonstrates how you can calculate your business value with a simple easy to understand example which you can apply to your business
Views: 126373 edifice231
Commercial Real Estate - How to Value a Property
 
05:54
We talk about 3 valuation methods in this video - Sales Comparison, Capitalization, and Replacement Cost Methods. Each has its own use, and appropriate circumstances.
Views: 105531 InvestRelevant
Business Valuation Basics
 
05:33
Brief introduction to business valuation including concepts like fair market value, enterprise value, EBITDA, valuation multiples, approaches to valuation, asset approach to valuation, market approach to valuation, income approach to valuation, comparable public company analysis, precedent transaction analysis, discounted cash flow (DCF) analysis, and leveraged buyout (LBO) analysis
Views: 1329 Jon Taylor
21. Warren Buffett Intrinsic Value Calculation - Rule 4
 
36:15
Learn more about Preston’s Intrinsic Value Course that teaches you step-by-step how to calculate the intrinsic value of a stock in 18 exclusive videos: https://www.theinvestorspodcast.com/product/intrinsic-value-course/ Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: http://www.amazon.com/gp/product/0982967624/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0982967624&linkCode=as2&tag=pypull-20&linkId=EOHYVY7DPUCW3WD4 http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW Use the intrinsic Value Calculator at: http://www.buffettsbooks.com/intelligent-investor/stocks/intrinsic-value-calculator.html In this lesson, students learned that the intrinsic value can be defined as the discounted value of the cash that can be taken out of a business during it's remaining life. For us, we've defined the life as the next ten years. This way, we can discount that cash by the 10 year federal note. The Cash that we are taking out of the business is simply the dividends and the book value growth during the next 10 years. Since these numbers need to be estimated, it's very important to ensure that Warren Buffett's third rule (a stock must be stable and understandable) is met. When a company doesn't have a history of linear growth, estimating the cash that they will produce for the next ten years becomes more speculative. When we look at the root of the intrinsic value calculator, it operates off of the same principals as a bond calculator. Instead of using coupons, we substitute dividends. And instead of using par value (or value at maturity) we estimate the book value of the business in 10 years. The value that we use to discount the summation of the cash is simply the 10 year federal note. Although the previous paragraph might sound confusing to some, it's application is fairly straight forward. The reason Buffett says, "Two people looking at the same set of facts, will almost inevitably come up with at least slightly different intrinsic value figures," is due to a difference in opinion of the future cash flows. Since some investors are more conservative than others, their estimates of book value growth or dividend payments may be lower. This will immediately change the intrinsic value. Your job as an intelligent investor is to determine your own tolerance for risk and conservative estimates on how much money you will receive while owning the stock for a 10 year period. If you ever have difficulty understanding the material, simply click on the link for the forum above. Be sure to sign-up for an account and ask any questions you might have. Just because you didn't understand something in this lesson, doesn't mean you have to simply give up on the process. If you would like to learn more about how this calculator works, be sure to read this article published by Preston: It is here: http://ezinearticles.com/?How-to-Calculate-the-Intrinsic-Value-of-Stocks-Like-Warren-Buffett&id=7262028
Views: 464609 Preston Pysh
Valuation of Shares [ Net asset method, Yield method and Fair value ] :-by kauserwise
 
26:38
▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Valuation of Shares, Net asset method, Yield method, Fair value method in corporate accounting tutorial. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 203242 Kauser Wise
3 Business Valuation Methods All Entrepreneurs Should Know
 
11:07
The book value of your business, or total equity, is what your business is worth at a given moment in time. This is never the value that is used when valuing a business for purposes of a sale or investment. There are many things that need to be considered when you are valuing a business and there are different ways of looking at this. Bookkeeping expert Seth David walks through 3 business valuation methods all entrepreneurs should know. Subscribe Here: https://www.youtube.com/user/funderaloans?sub_confirmation=1 Our Latest Videos: https://www.youtube.com/user/funderaloans/videos?spfreload=10 Fundera is the easiest way to shop and save on a small business loan. On our blog the Fundera Ledger, we publish articles daily on everything you need to know to start, grow, and manage a small business. Have a question? Email us at [email protected] Fundera Hompage: https://www.fundera.com/ Fundera Ledger: https://www.fundera.com/blog Facebook: https://www.facebook.com/fundera/ Twitter: https://twitter.com/fundera Instagram: https://www.instagram.com/gofundera/
Views: 347 Fundera
Step2 - How to Value a Company for Valuing a Business Valuation Methods Capital Budgeting
 
08:42
Clicked here http://www.MBAbullshit.com/ and OMG wow! I'm SHOCKED how easy.. No wonder others goin crazy sharing this??? Share it with your other friends too! Fun MBAbullshit.com is filled with easy quick video tutorial reviews on topics for MBA, BBA, and business college students on lots of topics from Finance or Financial Management, Quantitative Analysis, Managerial Economics, Strategic Management, Accounting, and many others. Cut through the bullshit to understand MBA!(Coming soon!)
Views: 79515 MBAbullshitDotCom
Small Business Valuation - Multiple Of Earnings
 
05:37
http://www.thebizseller.com Small business valuation methods - why a multiple of earnings is the best way to price your business for sale. DOWNLOAD OUR FREE BUSINESS VALUATION GUIDE: http://www.thebizseller.com/TheBizSellerValuationReport.pdf TheBizSeller.com's YOUTUBE CHANNEL: http://www.youtube.com/user/thebizseller?feature=mhee SUBSCRIBE TO OUR YOUTUBE CHANNEL: http://www.youtube.com/subscription_center?gl=CA&hl=en&add_user=thebizseller FOLLOWUS ON TWITTER: https://twitter.com/#!/thebizseller "Selling A Business" Fast - Since 1999 TheBizSeller.com has been teaching small business owners how to sell a business faster and for more money without using a broker. "Business Valuation" and "How To Sell A Business" advice are the focus both here at our YouTube channel and on our site: http://www.thebizseller.com
Views: 10239 thebizseller
Business Valuation Part 1 - Cash Flow, EBITDA, SDE, Net Profit, Net Benefit To Owner and More
 
06:02
The most important small business valuation methods are based on using a multiple of profits. But there are so many different ways to describe the earnings of a business – how does the “Net Profit” differ from the “Net Benefit to Owner”, for example? What is the EBITDA? This video will explain the different terms and the context in which they are usually applied.
Startup Valuation made simple by Serious Funding: The VC Method
 
02:31
Hello, You have a great startup but you also want a great startup valuation. You have to understand how VCs work when they value companies. Let’s start with their first startup valuation method which they modestly called the VC method . 1. The startup Valuation VC Method The VC method helps you understand how VCs value the money they are about to put in your startup. Basically let’s say that one VC imagines that he should at least double the value of its investment every year (yeah you read me right…that means +100% each year). As he knows that your startup will probably not be sold in one year time, the VC imagines how much money he will make in 3 years (when you will sell your startup to Google…). To do that, he takes your financial projections (or his financial projections if he estimates that your figures are grossly overestimated) and he multiplies your year-3 figures by a selected multiple. He calls that the EXIT value. Example Your year 3 turnover is estimated at USD 100 m (by the way, well done and please allow me to invest…). The VC will imagine that at this time he will be able to sell your startup for 10 times the turnover to Google (in his dreams if actually thinks about 50 times but today he decided to be reasonable). He then values your startup (In year 3) at a whopping USD 1 billion. WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOW !!!!!!!!!!! Hum, well, that’s in 3 year time… And remember he wants to double its initial investment every year. That’s where the infamous discount rate gets on stage. The VC will then do a backward valuation and says : “If year 3 valuation is USD 1bn, that means that year 2 valuation should be USD 500m, year 1 startup valuation should be USD 250m and year 0 valuation should then be USD 125m once I have put my money” So if we are on year 0, you ask for a USD 25m to the VC he will then tell you : “OK buddy, I will give you USD 25m in exchange for 20% of your company (25/125)”. Simple, no ? (and the good news is that you still have 80% of the billion (well in 3 years…)) 3 concepts to resume it: The Exit value and the exit multiple: what the VC thinks the company will be valued when he will sell it (generally a multiple of something like turnover, EBITDA, EBT etc…) The discount rate: the rate of growth the VC is expecting on his investment (generally varies from 20% to 100% depending on maturity of company, quality of management, competition etc.) The postmoney valuation : your present startup valuation including the money of the investor. I am now sure that you master the startup valuation VC method. However, if you do not want to bother, please visit seriousfunding.be and they will do the work for you. Have a nice funding and see you later for alternative valuation methods (that will allow you to value no-revenues startups). Bye
Views: 38573 Serious Funding
Step3 How to Value a Company for Valuing a Business Valuation Methods Capital Budgeting
 
06:51
Clicked here http://www.MBAbullshit.com/ and OMG wow! I'm SHOCKED how easy.. No wonder others goin crazy sharing this??? Share it with your other friends too! Fun MBAbullshit.com is filled with easy quick video tutorial reviews on topics for MBA, BBA, and business college students on lots of topics from Finance or Financial Management, Quantitative Analysis, Managerial Economics, Strategic Management, Accounting, and many others. Cut through the bullshit to understand MBA!(Coming soon!)
Views: 50103 MBAbullshitDotCom
Valuation of Business - I
 
59:22
CA Final - Old Syllabus Students You can download my notes from my facebook about page - CA Final - OLD Syllabus Links Accounting Standards Material https://www.dropbox.com/s/xdf0c7n1zcjw4oo/Accounting%20Standards%20Full%20INCLUSING%20ANSWERS.pdf?dl=0 Financial Reporting Material https://www.dropbox.com/s/szcfu5xpla5mty4/CA%20Final%20Old%20Syllabus.pdf?dl=0 Changes in Financial Reporting https://www.dropbox.com/s/2nzjbfknqkh1gbk/Changes%20in%20FR.pdf?dl=0 Comparisons between IND AS vs AS https://www.dropbox.com/s/gh3qh9pjxe9zdw2/IND%20AS%20vs%20AS%20Comparison.pdf?dl=0 Watch all the videos free of cost on my Youtube Channel Follow the Link - https://www.youtube.com/knvsantoshmehra CA Santosh Mehra is a Diploma in IFRS from ACCA – UK subsequent to which he attained CERTIFICATION IN IND-AS / IFRS by ICAI in 2015. He is known for his skill in implementation of IFRS and IND AS with various enterprises in India and outside India. He is a certified trainer by ICAI for qualified CAs in various centres of ICAI. https://www.facebook.com/casantoshmehra/
Views: 3885 Santosh Mehra
Introduction to Business Valuation
 
42:18
Following on the Corporate Finance theme, this webinar introduces the various valuation techniques used when structuring business finance and how they can be applied in different situations. If you are considering a change in business structure or, if you advise clients on employee ownership transitions, this webinar will provide you with the fundamental knowledge on how you can best finance those transactions.
Asset Valuation Method
 
03:28
What is Assets Valuation Method? How do we Value a Business on the basis of Assets?
Views: 9814 Tony Arena
What Is A Valuation Multiple?
 
14:36
This lesson was prompted by a question that came in from a reader and student of our courses the other day: "When you divide Enterprise Value by Revenue (EV / Revenue), or Price Per Share by Earnings Per Share (P / E), what does that actually mean? By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" In other words, if Enterprise Value / Revenue is 5.8x, what does that number actually mean?" Answer often given in textbooks: How valuable a company is in relation to its sales, profits, and so on... based on those metrics, how does the market value that company? But the real answer: the multiple itself means nothing at all! By itself, a single valuation multiple such as 5.8x or 15.3x or 25.7x means... absolutely nothing. Valuation multiples are ONLY meaningful in relation to the multiples of OTHER, similar companies ("public comps" or "public company comparables"). It's like saying, in real life, "The asking price for that house is $500,000, or around $500 per square foot. What does that mean?" Answer: It depends... on the asking prices of similar houses in the region, also on the location, the type of house, # beds and bathrooms, the condition, the neighborhood, the public school system... Could mean that the house is very expensive, or that it's very cheap, or that it's priced about right. You already know this if you've studied valuation and have valued companies on your own... BUT there are 2 specific points that often go overlooked with valuation multiples: 1. The companies you're comparing should ideally have similar growth and margin profiles, or the comparison is less meaningful. It's NOT enough just to be in the same industry and be about the same size - that's a starting point, but financial profiles should ideally be similar as well. Be very careful - acquisitions often distort these numbers! Very different margins also distort the numbers (ex: 2 companies with similar revenue and 1 has a much higher margin - mathematically speaking, very likely to trade at a LOWER multiple just because the denominator will be bigger). 2. Even if the companies DO have similar financial profiles, a higher or lower multiple doesn't necessarily mean that one company is "overvalued" or "undervalued" because qualitative factors also play a role. For example, did the company just make an acquisition? Did it miss earnings? Did it get sued? Did a new competitor pop up? Think of valuation multiples as "clues" in a detective story... they can guide you in the right direction, but 1 clue is not enough evidence to solve the mystery of whether a company is valued appropriately. We demonstrate both of these points with Ralcorp (a food and beverages company) in the video, and show you how the set of public comps all have very different financial profiles that were impacted by acquisitions in some cases. Key Takeaways: 1. A valuation multiple means nothing on its own - only meaningful when compared to other companies', and ideally the median multiple from a set of other companies. 2. When picking a set of public comps, it's not just about industry and size... even if you do select companies with those criteria, must pay attention to growth and margins as well. If all the companies in your set have very different growth and margins from the company you're valuing, you may want to consider a different set. If there are acquisitions, it's better to pay more attention to forward multiples / growth rates / margins instead - for 1-2 years in the future. The analysis is MOST meaningful if, for example, all the companies have very similar growth and margins but the one you're looking at trades at much different multiples - then it's worth investigating further and seeing what explains that. 3. Just because a multiple is higher or lower than other companies' multiples doesn't mean that the company you're valuing is overvalued or undervalued... it's just one of many factors. Here, the presence of a hostile bidder threw off the numbers. Plus, rumors of the company spinning off divisions... Could be any number of things in real life as well - earnings announcements, changes in strategy, expansion plans, patents, lawsuits, management team changes, etc.
Real Estate Valuation Methods
 
08:26
Real Estate Valuation Methods http://reinvestortv.com/real-estate-v... Thanks for watching what methods to use for valuating properties! What would make a property a good or a bad deal? How do you figure out the value of a property? In this video, I’ll show real estate valuation methods you can use for valuating properties. Subscribe and visit: http://REInvestorTV.com for more videos! If you enjoyed, please hit Subscribe and I'll see you again next week for another real estate investment tip, "Popular Questions Answered", or some solid real estate game plans! Join the Fun Facebook: Real Estate Investor TV Twitter: @REInvestorTV LinkedIn: Kris Krohn ============================================================================== Kris Krohn is a real estate investor and the founder of Real Estate Investor TV. Visit this website to learn more about Kris http://reinvestortv.com/ Kris Krohn also established an instructional guide for investors, The Strait Path System, and is the author of The Strait Path to Real Estate Wealth. Unlock your wealth potential! Take yourself to the next level! Join Kris on his 3 day wealth intensive program http://bit.ly/2b2vr8f Kris lives in Orem, Utah, with his wife Kalenn and their four children. ============================================================================= Film by Nate Woodbury http://GoWallaby.com
आपके BUSINESS का क्या मूल्य है ? | Startup Valuation-VC method & Scorecard Method
 
05:01
Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically. #StartUp #GrowBusiness #Funding
Views: 33542 Intellectual Indies
Business Valuation Approaches & Methods to Arrive at FMV Jun 20
 
54:24
Hour long recording of a webinar hosted on Jun 20, 2016 presenting the basic concepts and approaches to calculate the Fair Market Value of a Business. The process is described, step by step including a validation of the market value calculated
Views: 136 Fiscal Advantage
Aswath Damodaran: "Valuation: Four Lessons to Take Away" | Talks at Google
 
01:01:30
The tools and practice of valuation is intimidating to most laymen, who assume that they do not have the skills and the capability to value companies. In this talk, I propose to lay out four simple propositions about valuation. The first is that valuation is not an extension of accounting, insofar as it is not about recording the past but forecasting the future. The second is that valuation is not just modeling, where people put numbers into Excel spreadsheets and pump out values. A good valuation requires a narrative that binds the numbers together. The third is that valuing an asset or business is very different from pricing that asset or business, a difference that is often blurred in practice. The fourth is that luck plays a disproportionate role in whether you make money off your valuations. Put differently, you can do everything right and still walk away with nothing or worse at the end. About the Author I view myself, first and foremost, as a teacher. I do teach valuation and corporate finance not only to MBAs at Stern but to anyone who will listen (on iTunes U, online and on YouTube). I love to write books, teaching material and blog posts. After 30 years of teaching finance, I still find it fascinating as an interplay of economics, psychology and number crunching.
Views: 255536 Talks at Google
CIMA F3 - 8 Valuation methods
 
12:55
For your free course notes to accompany this video visit www.theexpgroup.com/expand/
Views: 2723 theexpgroup
How to value a company using multiples - MoneyWeek Investment Tutorials
 
09:23
For investors wanting to do a quick and dirty check on whether a firm is cheap or expensive, multiples can be helpful. As part of his short series on valuing companies, Tim Bennett explains why and how to go about using them.
Views: 118713 MoneyWeek
Business Valuation Methods: Income Approach and DCF Model - Company Valuation in St. Louis, Chicago
 
02:28
http://www.ValuationStLouis.com (314) 541-8163 Business Valuation Methods -- Income Approach and Discounted Cash Flow or DCF Model - How to value a company, the income approach is used by valuation experts. Hi, I am Melissa Gragg, a valuation expert in St. Louis, MO. One of the approaches business valuation companies will consider when providing a valuation of a company is the Income approach. The income approach considers historical income, future revenues of a company, the earning potential and also capital requirements, or how much will be needed to invest in the building and equipment to support future revenue growth. There are a couple of ways to look at the potential income of a company. One business valuation method which falls under the Income approach is the discounted net cash flow or DCF method. This method involves projecting the revenues, cost of goods sold, operating expenses, depreciation, working capital and taxes for five to ten years into the future. The next step is to discount this future revenue stream to the present, which most of you will recognize as a present value calculation. The discount rate is derived from several methods such as the build up model or CAPM for example. The business valuation expert will also have to take into consideration whether this is a control or minority interest and make an adjustment with a control premium or a discount for lack of control. These are business valuation terms...which we discuss in more detail in other videos. There can also be situations where there are liquidity or marketability issues for stock in closely held businesses. There are discounts for lack of marketability to cover these issues. As you can see there are many steps to consider when valuing a company from the income approach, but at least now you know enough to be dangerous. If you would like more information on business valuations, methods to value a company or how to find reputable business valuation companies in Chicago, New York or St. Louis check out our website at http://www.ValuationStLouis.com or you can find additional videos on company valuation issues at http://www.YouTube.com/businessvaluationSTL
Views: 5177 BusinessValuationStL
Valuation Methods of High Growth Companies
 
05:33
On a recent trip to India to speak at a couple of Family Office conferences, Richard recorded this video on some methods for valuing high growth businesses.
Views: 1217 Family Office Club
NJ Business Valuations Accountant Explains Intrinsic Valuation Method
 
02:45
NJ business valuations accountant Robert A. Bonavito, CPA, talks about the intrinsic valuation method that is used to value a company. New Jersey accounting professionals go to court often for this. Robert explains the best method for valuing a company. Valuing the cash flow is the best way to determine the value of a business. If a company has a $100 in cash flow, then the intrinsic value would be at $100. The intrinsic value method has been around forever, even going back so far as to Ancient Egyptian times. The process of determining intrinsic value comes down to two methods. The first method is the discounted cash flow, which is when you make a projection of cash flow into the future and discount it back. The second method is the capitalization rate, which is when you take the average cash flow and divide it by the capitalization rate. 90% of companies use the intrinsic value method to determine the value of their business. Robert A. Bonavito is an accountant and consultant specializing in litigation support services and providing accounting and tax advice to high-net-worth individuals, their families, and businesses. For more information, visit: http://www.rabcpafirm.com/practices/business-valuations/. Robert A. Bonavito, CPA http://www.rabcpafirm.com 1812 Front Street Scotch Plains, NJ 07076 Telephone: (908) 322-7719 Fax: (908) 322-7792
How To: Value a Startup Company
 
04:30
Sign up for our INVESTyR Daily Insider Newsletter: http://eepurl.com/IbP31 INVESTyR's Facebook: https://www.facebook.com/INVESTyR INVESTyR's Strategic Finance Blog: http://www.investyr.com/blog/ INVESTyR's ONLINE COURSES AND PRODUCTS: Agile Financial Modeling http://bit.ly/1cYP4rC Throw Away Your Pitch Deck! http://bit.ly/1dQo7aN How to Hack an Investors Brain http://bit.ly/18aOvaG The Quick and Dirty on Videos that Move Money http://bit.ly/1bdTEzz Me and Your Money: P2P Lending Revealed http://bit.ly/1aavrfU Use Crowdfunding to Raise Money http://bit.ly/HJnR2D Raising Capital with Ease: AngelList and Gust http://bit.ly/1fmJgcS Influence Investors: Secret Twitter Tactics for Fundraising http://bit.ly/13ZzDJ6 Learn How to Find Investors Quickly! http://bit.ly/16962Cy Use LinkedIn to Find Investors http://bit.ly/12C1waX How Do I Set My Startups Valuation? http://bit.ly/1hQmEnn How Much Money Should You Raise? http://bit.ly/1fmJ6lR Successful Fundraising: The Roadmap to Money http://bit.ly/18aO8gh Assemble an A+ Advisory Board http://bit.ly/12C1IHk Find & Assemble a DealTeam http://bit.ly/12C1EXZ Fundraising Masters: The Ultimate Resource to Raising Money http://bit.ly/ZO7kx5 RECOMMENDED RESOURCES: Google Hangout based Entrepreneur Pitch Clinic: http://bit.ly/17HgIvb Google Hangout "Fundraising in the Digital Economy" Presentation: http://bit.ly/1epTX0A VELOCITY TRAINING PROGRAM (12 week intensive training): Coming soon!
Views: 15000 INVESTyR
Valuing a Business: Valuing $1M+ Businesses (with free Business Valuation Calculator)
 
13:41
Everyone who sells their business wants to know how it’s valued. Here we explain valuing $1M+ businesses.. *** Download Free Business Valuation Calculator here: https://tonybrown.net/valuation-model-download/ -- LINKS -- Videos: - Valuing a Small Business: https://youtu.be/CH5SaP62HZ8 - How to Set the Sale Price: https://youtu.be/Yxe01sCg-b0 -- -- Subscribe to weekly updates from TonyBrown.Net: http://tonybrown.net/subscribe -- // Valuing a Business: Valuing $1M+ Businesses (with free Business Valuation Calculator) // A surprising number of business owners who have worked in their businesses and owned them for many years, even decades, don’t know how businesses are valued, let alone how much their business is worth and how to optimise their overall outcome in the sale. In another video we explained how to value small businesses that are worth less than $1M. In this video we explain the valuation principles most buyers use for valuing $1M+ businesses and show examples of works in practice. If you found this video helpful, we’d appreciate a share or a thumbsup! Head over to http://tonybrown.net/subscribe to receive all our new video updates, and be sure to check out our complete ‘How to Sell a Business’ series for plenty of other tips and strategies for improving the outcome of your business sale process. -- Related Content: - Valuing a Small Business: https://youtu.be/CH5SaP62HZ8 - How to Set the Sale Price: https://youtu.be/Yxe01sCg-b0 --
Views: 390 Tony Brown
Business Valuation: EBITDA Multiple With Excel
 
12:50
Get the excel template: http://www.smarthelping.com/2016/09/excel-template-for-ebitda-multiple.html Explore all of smarthelping's financial models: http://www.smarthelping.com/p/excel.html There is a lot of subjectivity that goes into trying to come to a value for a business. This excel template has attempted to get to an enterprise value based on EBITDA. There are some cool features that have been added in to make it more user friendly and useful than you may see in a standard excel template for such a valuation method.
Views: 3163 smarthelping
Business Valuation - Part 4 -The Balance Sheet And The Value Of Your Business
 
07:07
http://www.thebizseller.com How items on the balance sheet affect business valuation when you use a multiple of earnings as the valuation method. DOWNLOAD OUR FREE BUSINESS VALUATION GUIDE: http://www.thebizseller.com/TheBizSellerValuationReport.pdf TheBizSeller.com's YOUTUBE CHANNEL: http://www.youtube.com/user/thebizseller?feature=mhee SUBSCRIBE TO OUR YOUTUBE CHANNEL: http://www.youtube.com/subscription_center?gl=CA&hl=en&add_user=thebizseller FOLLOWUS ON TWITTER: https://twitter.com/#!/thebizseller "Selling A Business" Fast - Since 1999 TheBizSeller.com has been teaching small business owners how to sell a business faster and for more money without using a broker. "Business Valuation" and "How To Sell A Business" advice are the focus both here at our YouTube channel and on our site: http://www.thebizseller.com
Views: 2352 thebizseller
Business Valuation 101
 
06:50
Understanding the factors that determine value of any business will pay dividends, whether you intend to sell or buy a business this will help one understand critical valuation factors and highlight myths to valuation thinking.
Valuation of Shares - B.Com | Corporate Accounts | Vimal Bhatnagar | Study Khazana
 
50:48
The video Lecture aims at explaining the topic "Valuation of Shares" of Corporate Accounts at B.Com Level. Video Covers the Following Topic- Methods of Valuation of Shares. To Find the Realisable value of Assets. Question to Find Net Asset Method. Concept of Yield basis. Our tutorials combined with your hard work will surely open the doors of success for you. To watch more tutorials Subscribe us :https://www.youtube.com/c/StudyKhazana ** Stay Connected with Us ** https://www.facebook.com/studykhazana https://twitter.com/StudyKhazanaa https://plus.google.com/+StudyKhazana https://www.instagram.com/study_khazana/ Complete Course and Lecture Videos are available exclusively on(Study Khazana) login on to - http://studykhazana.com/ Contact Us : +91 8527697924 Mail Us: [email protected]
Views: 9307 Study Khazana
New Jersey Business Valuations: Three Main Methods Used to Determine Company's Value
 
04:11
Robert A. Bonavito specializes in New Jersey business valuations. In this video, Bonavito explains the three methods used to evaluate the value of a business: the intrinsic value method, relative value method, and contingent claims value method. Bonavito also discusses which types of companies are suited for each method and how to decide which method to use. Business valuation is not an art or a science; it’s more like a craft. The more you do it, the better you get at it. Robert A. Bonavito’s firm has been valuating businesses in New Jersey for thirty years. For more information, contact us below: Robert A. Bonavito, CPA PC http://www.rabcpafirm.com 1812 Front Street Scotch Plains, NJ 07076 Telephone: (908) 322-7719 Fax: (908) 322-7792
Startup Valuation - How Are Startups Worth Billions?
 
14:11
You’ll learn about Startup Valuation in this lesson, and see how a traditional methodology such as the Discounted Cash Flow (DCF) analysis applies to early-stage tech startups with no revenue. http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 2:59 A DCF Analysis for Piped Piper 9:01 What’s Required for a Startup DCF/Valuation to Work 12:35 Recap and Summary How Are Startups Worth Billions of Dollars? “I don’t understand how tech startups can be worth billions of dollars – many of them aren’t even making money yet!” “How can an unprofitable company that isn’t even generating revenue possibly be worth so much? Doesn’t this violate all the principles of valuation?” We get questions like the ones above all the time. The short answer is NO, startup valuation doesn’t violate all the principles. You can still use standard methodologies such as the DCF, but you have to use radically different assumptions that make the analysis less grounded in reality. For the numbers to work, the startup has to start making A LOT of money very quickly in the NEAR FUTURE. If it takes 10-15 years to generate revenue, it will be almost impossible for the numbers to work; but if it happens in the next 2-3 years, it might be plausible. As an example, we look at Pied Piper in this lesson, the fictional company from the HBO show “Silicon Valley.” They make money with a file compression and storage app, and they’re aiming to get hundreds of millions of users and then get a tiny percentage of them using their paid services. So if they currently generate no revenue and have just received $100 million in funding at a $1 billion valuation, is that crazy? A DCF for Pied Piper We assume massive app download growth in the early years, with the company reaching ~500 million annual downloads and ~150 million paid users by the end of Year 10. Revenue goes from 0 to nearly $2 billion over that time frame. The company goes from negative Operating Income to nearly $500 million (25% margin) and almost $300 million in Free Cash Flow. We use a 100x EBITDA multiple to calculate the Terminal Value (arguably fair for a $2 billion company growing at nearly 40% per year). These assumptions are highly speculative, and so we also have to use a much higher Discount Rate: 50%, compared with the standard 8-12% figures you see for mature companies. As a result of all this, far more value comes from the Present Value of the Terminal Value: 99% here, vs. 50-70% for normal companies (and ideally less than that!). The whole valuation is dependent on a huge number of assumptions that are impossible to know in advance: Will billions of people download the app? Will ~5% of users convert to paying customers? Will the company be able to monetize in only 2-3 years’ time? These assumptions might turn out to be true, but there’s a very high chance they might not be – which explains the 50% Discount Rate. Startup Valuation Myths So the DCF does “work” for startups; it’s just not that useful because of all the required assumptions and the inability to guesstimate the numbers for a pre-revenue company. For a valuation to make sense, the company has to start generating money *very quickly* – if it takes ten years for that to happen, the numbers will be even harder to justify. And since the majority of the implied value comes from the Terminal Value, the Terminal Multiple and Terminal Growth Rate are incredibly important. They matter more than long-term profit margins because almost no value comes from the Present Value of Free Cash Flows. RESOURCES: https://youtube-breakingintowallstreet-com.s3.amazonaws.com/107-17-How-Are-Startups-Worth-Billions-Slides.pdf https://youtube-breakingintowallstreet-com.s3.amazonaws.com/107-17-How-Are-Startups-Worth-Billions.xlsx
Session 19: Asset Based Valuation
 
14:13
Look at valuation approaches (accounting book value, sum of the parts) that value the assets of a business and aggregate up to value.
Views: 17484 Aswath Damodaran
Valuation using Multiples
 
09:12
This video explains how to value a firm using multiples of comparable firms. Whereas other valuation techniques (such as the Dividend Discount Model, Total Payout Model, or Discounted Cash Flow Model) rely on future cash flows to value a firm, valuing a firm with firms does not require the forecasting of cash flows and is performed using multiples (such as the P/E ratio) of other firms to determine the value of the firm in question. This video provides a comprehensive example to illustrate how a firm is valued using the P/E ratio of a comparable firm. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 25325 Edspira
CFA Level II: Equity Investments - Private Company Valuation Part I(of 2)
 
05:57
FinTree website link: http://www.fintreeindia.com FB Page link :http://www.facebook.com/Fin... This series of video covers the following key areas: -public and private company valuation -uses of private business valuation and applications of greatest concern to financial analysts -various definitions of value and different definitions can lead to different estimates of value -the income, market, and asset-based approaches to private company valuation and factors relevant to the selection of each approach -cash flow estimation issues related to private companies and adjustments required to estimate normalized earnings -the value of a private company using free cash Row, capitalized cash How, and/ or excess earnings methods -factors that require adjustment when estimating the discount rate for private companies -models used to estimate the required rate of return to private company equity -value of a private company based on market approach methods and advantages and disadvantages of each method -Asset-based approach to private company valuation -Effects on private company valuations of discounts and premiums based on control and marketability -role of valuation standards in valuing private companies We love what we do, and we make awesome video lectures for CFA and FRM exams. Our Video Lectures are comprehensive, easy to understand and most importantly, fun to study with! This Video lecture was recorded by our popular trainer for CFA, Mr. Utkarsh Jain, during one of his live CFA Level II Classes in Pune (India).
Views: 4231 FinTree

Us department of state authentication cover letter
Custom paper service term writing
The best writing service review
Olow emu plains newsletter formats
Cal state fresno admissions essay