BLOG. DAMIT SIE INFORMIERT BLEIBEN.

Company valuation in times of Corona

Crises and valuation have something in common: we do not know how they end This short version of a detailed article that will appear in EXPERT FOCUS in June 2020 summarises our thoughts and reflections […]

Valuation of SMEs with multiples

Or: Of apples and pears With multiples, a company valuation seems possible in no time at all: EBIT multiplied by a factor results in the company value. But simplicity is also a pitfall: apples are […]

Fair value measurement of SME investments

The case – the solution The case Brau AG is a capital market-oriented company with its registered office in Zurich. The company is listed in the domestic standard of the Swiss stock exchange and applies […]

Current case law on business valuation

Business valuations are a discipline between economics and law Economists and lawyers also meet more and more often in courtrooms. So trustees would do well to look into the legal aspects of business valuation. Independence […]

Valuation of an SME using DCF

Five steps to the goal The 2018 revision of the technical bulletin “Business Valuation of SMEs” also provides for the DCF method for the valuation of small and medium-sized enterprises. The following article presents an […]

Special features of the valuation of small and medium-sized enterprises (SMEs)

The following article highlights the special features of the valuation of small and medium-sized enterprises and presents the professional opinions on the valuation of SMEs in the DACH region. It also shows how the essential […]

Business Valuation Update

The latest developments in business valuation theory, practice and case law In business valuations, theory and practice, economists and lawyers meet. This creates dynamics in valuation theory, practice and jurisprudence. The “Business Valuation Update” reports […]

Determining the cost of capital in practice

How the cost of capital can also be systematically derived for SMEs This article shows how the cost of capital – especially the cost of equity – can be estimated systematically and in a market-based […]

Pragmatic, practically, good

DCF valuation of SMEs DCF methods are considered “best practice”, practitioner methods “most practiced”. The authors deal with both methods. A DCF method is presented that is adapted to the special features of SMEs, is […]