Challenges presented by business valuations based on comparison to public companies A common valuation technique is to study earnings multiples or other metrics from other transactions, and apply those measures to the subject company. So, we start with "Competitor X is valued at 10 times earnings" and conclude that the…
Read full article
Why Valuators Shouldn’t Rely Solely on Done Deals
Challenges presented by business valuations based on comparison to completed transactions ("Done Deals") "Fair market value"–the highest price obtainable in an open and unrestricted market, between informed and prudent parties, under no compulsion to transact, expressed in terms of money or money's worth–is a component of, or a starting point,…
Read full article
Read full article
Business Valuation Expert – Five Questions To Ask Before You Retain Your Business Valuation Expert
Once the decision to retain a business valuation expert to assist in a matter has been made - be it in Toronto or Calgary or anywhere in the world - these questions will help to narrow the choices and help to select a business valuation expert. 1. What are…
Read full article
Read full article
Cross-Examining the Business Valuator as Expert Witness
An expert witness in business valuation and litigation can, at times, present reports and analyses that embody embedded assumptions and subjective determinations that warrant further examination. But cross-examining experts is always a challenge for a litigator, so it can be difficult to draw out these areas before the court.…
Read full article
Read full article
Business Valuation Presentation – Common Issues, Errors and Problems
Pellarin Inc. recently presented seminars on Common Issues, Errors and Problems in Business Valuation at two prominent law firms, for the partners and staff at Minden Gross LLP at their Toronto office and for Burnet, Duckworth and Palmer LLP in Calgary. The presentation focuses on the most common errors, or…
Read full article
Read full article