Business valuation
A credible business valuation is not a single number - it’s a structured view of value drivers, risks, and realistic assumptions. We deliver CFO-led valuations that management teams can use to negotiate confidently, raise capital, plan exits, or make strategic decisions.
Our process combines financial normalization, cash flow analysis, and market benchmarks to create a valuation model that is transparent and defendable. You receive an investor-ready summary plus supporting schedules that explain how value is built - and what levers move it.
Whether you need a quick valuation range for decision-making or a full valuation pack for investors, we tailor depth and documentation to your goal.
What’s included
✔️ Financial analysis and normalization (owner adjustments, one-offs, non-recurring costs/revenues)
✔️ Valuation methods: DCF, market multiples, and scenario-based approaches (as appropriate)
✔️ Assessment of profitability, margins, cash flow quality, and working capital needs
✔️ Value driver analysis (growth, pricing power, retention, unit economics, operating leverage)
✔️ Sensitivity analysis on key assumptions (growth, margin, discount rate, multiples, working capital)
✔️ Capital structure and debt review (and how it impacts equity value)
✔️ Peer and market comparables selection logic (transparent and documented)
✔️ Investor-ready valuation summary + appendix schedules and model outputs
✔️ Management walk-through and Q&A preparation for investor discussions
✔️ Optional: valuation narrative for decks and data room readiness checklist
What we need from you
✔️ Latest annual financial statements and current YTD management numbers
✔️ Breakdown of revenue streams and major cost categories (segment/product if available)
✔️ Business plan, growth assumptions, pipeline metrics, and pricing strategy (if available)
✔️ Cap table / ownership structure and any group entities
✔️ Debt/financing overview (terms, covenants, repayment schedules)
✔️ Key contracts (top customers/suppliers), retention/churn, and concentration risks
✔️ One-off events list (non-recurring expenses, restructurings, unusual revenue)
How it works
1. Kick-off: clarify purpose (investors, sale, internal strategy, lending) and required level of detail.
2. Data collection & normalization: reconcile numbers, remove one-offs, and identify value drivers.
3. Model build: create DCF and/or multiples-based valuation with clear assumptions.
4. Scenarios & sensitivity: quantify upside/downside and the impact of key risks.
5. Deliverables: valuation summary + supporting schedules + management walk-through.
6. Optional support: investor Q&A prep, updates after new results, or transaction readiness.
Typical timeline
Light valuation range (1–2 weeks): for internal planning or early investor conversations (data availability dependent).
Standard valuation (2–4 weeks): full model + scenarios + investor-ready summary and schedules.
Complex valuation (4–6+ weeks): multi-entity, rapid growth, significant intangibles, or transaction-level documentation.
Common pitfalls we prevent
✔️ Using ‘rule-of-thumb’ multiples without understanding cash flow quality and risk
✔️ No normalization—one-offs distort EBITDA and lead to unrealistic expectations
✔️ Over-optimistic forecasts without driver proof (pipeline, retention, pricing, capacity)
✔️ Ignoring working capital and cash conversion (value looks higher than reality)
✔️ Using incomparable peers (different margin profile, size, geography, or business model)
✔️ Valuation that cannot be defended in investor Q&A due to unclear assumptions
FAQs
Find answers to common questions!
Yes, deliverables are provided in an investor-ready format.
Yes, valuation outputs can be used in buy-side or sell-side negotiations.
Yes, methods and assumptions are tailored to maturity and available data.