Lake Country Advisors

AUGUST 8, 2024

Accurate and appropriate valuation is one of the pillars of maximizing the profits from a business sale. However, company valuation isn’t as simple as slapping a price on your business. It’s a delicate balancing act, as inaccurate valuations have polarizing consequences.

Valuation 97

Valuation Discounted Cash Flow S&P DCF Analysis 97

Francine Way

JULY 19, 2017

Thus far, we have discussed five valuation methods: DCF, Comparable Company, Precedent Transaction, LBO, and Dividend Discount Model (DDM). So, a good valuation model has to take into account the possibilities of a variable having multiple values along with each value’s probability of occurring.

Valuation 130

Valuation M&A Stock DCF 130

Mergers and Inquisitions

MAY 3, 2023

To be fair, in some industries – like commercial banks and insurance within FIG – the DDM is a core valuation methodology. It can be useful for certain companies, such as power and utility firms and midstream (pipeline) operators in oil & gas … …but it’s also much harder to set up and use than a standard DCF.

Valuation 64

Valuation DCF Debt Financial Modeling 64

Francine Way

JULY 17, 2017

Thus far, we have discussed three common valuation methods that most strategic and financial acquirers use when valuing a company for acquisitions or investments. This current post about Leveraged Buy Out (LBO) is about a valuation method used by a very specific type of financial acquirer: private equity (PE) firms.

Valuation 130

Valuation M&A Debt Book-building 130

How2Exit

FEBRUARY 23, 2023

Concept 6: Value Assets With DCF (Discounted Cash flow) One of the most important tools in the negotiation process is the discounted cash flow (DCF) method. The equation for the DCF method is CFT divided by T, where CFT equals cash flow in period T, and R equals discount rate.

Business 130

Business Negotiation DCF Acquisitions 130

Wizenius

JUNE 5, 2023

Valuations: Demonstrate your expertise in valuations, as it is a fundamental skill for investment banking professionals. Highlight your experience in performing company valuations using various methods, such as discounted cash flow (DCF) analysis, comparable company analysis, or precedent transactions.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Wizenius

JUNE 11, 2023

To model the impact of inflation and currency fluctuations on a company's financial statements and valuation, several steps can be taken: 1. Consider using average exchange rates, closing rates, or other relevant rates based on the specific analysis or valuation being performed.

Financial Models 52

Financial Models Financial Modeling Financial Statement Discounted Cash Flow 52

Successful Acquisitions

MARCH 2, 2023

In order to adequately discuss value, it is first necessary to understand how value is determined and what theoretical valuation approaches have to do with the practical realities of closing deals. Valuations come in many forms and there are a number of approaches to arriving at a company’s value. sales or 7x EBITDA.

Valuation 52

Valuation Discounted Cash Flow DCF M&A 52

Mergers and Inquisitions

NOVEMBER 20, 2024

Reference any deals you’ve worked on that required analysis of these points and talk about how they affected the valuation or client’s decisions (this is more grounded than just saying, “I like high-growth companies!”). Don’t even bother researching private companies because it’s hard to find detailed financial information.

Private Equity 59

Private Equity Equities Capital Valuation 59

Mergers and Inquisitions

SEPTEMBER 20, 2023

Technical Questions – You could get standard questions about accounting and valuation or VC-specific questions about cap tables, key metrics in your industry, or how to value startups. A: You would start by reading about the market and its current startups and finding product, team, and financial information.

Capital 59

Capital Valuation Investment Portfolio 59

RKJ Partners

AUGUST 6, 2017

What is Valuation? Valuation can be simply defined as the process of assigning an estimated dollar amount or range to the worth of an item, good, or service. During preliminary due diligence, the view of valuation is often heavily contingent on the financial information provided by the seller.

M&A 40

M&A Valuation Mergers and Acquisitions Discounted Cash Flow 40

Mergers and Inquisitions

MARCH 13, 2024

Valuations are high, the returns depend on future growth, and deals are for primary capital , i.e., new cash the business needs. Financial Modeling: Like private equity, 3-statement models are common, as are valuations and DCF models , but LBO models are less common since not all deals use debt.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Cooley M&A

JULY 9, 2021

January 2020) -3.67% Yes, reduced for synergies Arms-length transaction with third party; unconflicted board; buyer conducted diligence which included non-public information; two price increases extracted; non-preclusive deal protections Final (no appeal) Regal Entertainment (VC Laster – Del.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Mergers and Inquisitions

OCTOBER 18, 2023

Investment Banking: Skill Sets The main difference here is that ECM and DCM are far less modeling-intensive, so you’ll spend more time in PowerPoint drafting market update slides and sharing information with different groups. Should You Accept a Capital Markets Internship or Job Offer?

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

DECEMBER 20, 2023

30 – 40 coffee chats or informational interviews ). Big 4 or independent valuation firm internships. You should also start learning the technical side (accounting, valuation, and basic M&A and LBO concepts) and begin networking with alumni. A decent amount of networking completed with bankers (e.g., Wealth management.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

APRIL 19, 2023

Valuation , such as the different multiples used for mining companies and the NAV model in place of the DCF (see below). Valuation – Since many people perceive gold as a stable, irreplaceable store of value, gold miners often trade at higher multiples than base metal miners (see the examples below).

Investment Banking 52

Investment Banking Banking Bank Investment 52