While COVID-19 remains a concern, business owners have resumed contemplating their succession and growth strategies. The article published at QuickRead shows current questions that business valuation practitioners should be asking.
Newest edition of the European Capital Market Study (June 30, 2020) released by ValueTrust. The study analyzes relevant cost of capital parameters and multiples for the European capital market on an aggregated level.
The author illustrates the individual steps of the Monte Carlo Simulation used for business valuation by giving a simple example.
The study by Benjamin Hammer, Nils Janssen, and Bernhard Schwetzler is based on a dataset of 1,149 global private equity transactions. They find that cross-border buyouts are associated with significantly higher valuation multiples than domestic ones.
The article by Achille Ekeu is about the newly created accounting metric called EBITDAC (Earnings Before Interests, Taxes, Depreciation, Amortization, and Coronavirus). This non-GAAP accounting metric is used by some companies to raise more debts from lending institutions by adjusting or recasting their financial statements to account for lost earnings incurred due to the coronavirus.