BUSINESS VALUATIONS

Professional, Independent, Objective

Business Valuation Reports utilise three main Methods:

1) Asset Method
Business Valuation Reports using the Asset Method looks at the value of a company's assets and liabilities. Importantly considering the return generated on the asset base/equity.

2) Relative Method
Business Valuation Reports using the Relative Method looks at similar company's in the market place, recent selling price multiples, and even listed company trading multiples.

3) Income / Free Cash Flow Method
Business Valuation Reports using the Income / Free Cash Flow Method focus on the company's Free Cash Flow Generation and the Future Free Cash Flow expectations, discounting back to a present value.

Different business valuation approaches are used in different sectors, situations, and in different environments. To get an objective and holistic grasp on the final intrinsic valuation - all approaches should be applied, reviewed, tested and weighted accordingly. The valuation is also tested under differing scenarios, identifying a 'base case', a 'good case', and a 'bad case'; or under any conceived scenario for that matter. Through this testing the financial sensitivities can be identified and brought to the attention of the owners and investors. This information supplies further financial and operational understanding and can extract advisory or efficiency benefits from the valuation.





Business Valuations can be completed remotely. With access to Company Financials and discussions with management, brokers, or buyers, most business valuations can be completed over email and telephone.

Paul Trilivas, B.Com, CFA (Chartered Financial Analyst) & Business Valuation Specialist

Who Values My Business image
Working in the Financial Markets for 15 Years, Paul is Professional Investment Analyst and a CFA Charterholder. He started his professional career at The Standard Bank Group, in Specialised Credit, but soon found his home in an Investment Analyst role at ValueKwik, a Sell-Side Free Cash Flow Boutique focused on Equity Research. 

Buy-Side was calling and after 8 valuable years at ValueKwik he stepped into his new Buy-Side role at Integrity Asset Management. Whilst working closely with the Portfolio Manager (acquiring further modelling and valuation skills) Specialising in Local and International Stock Valuation and Selection, Paul Built and Implemented a Robust Valuation and Research Structure within the company. 

He next joined Counterpoint Asset Management in an Investment Analyst role until October 2022 but decided that Tadman Wealth and Advisory as an Investment Analyst in both Private and Listed Investments would be his home until December 2023. 

Paul is currently a Manager and Senior Equity Analyst at Stonehage Fleming Asset Management.

His Professional Experience and Years of Company Analysis and Business Valuations have awarded him Extensive Experience in Equity Valuation and Financial Modelling Skills, across all Industries and Sectors, Public and Private.

Paul is a CFA Charterholder with a B.Com in Finance He also holds two Valuation Certificates through continued learning efforts.

Paul is a Member of the Respected International and Local CFA Institute Societies, and the Investment Analysts Society of South Africa (IASSA).

Business Valuations for Owners

What is your business really worth? Reduce uncertainty and find out what your business might sell for in a fair-market transaction. Learn more about the financials, the sensitivities, what to do to maximize efficiencies and the value of your business. Deeper financial analyses and "what if" analysis to see how the valuation changes under differing scenarios can help management to focus on the important area's of the business. Whether to increase the valuation, or understand the best time to market, or as a general planning tool to drive and focus management.

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Business Valuations for Buyers

Business Valuation Reports help to avoid overpaying when Buying a Business - a thorough investigation and due diligence is required. Obtaining a fair-market value for the business is the first step in the overall due diligence process. If the seller has set the price, which can sometimes be emotional and void of any logic, you want to understand how this valuation has been achieved. What are their forecasts? What are their assumptions? What is justifying the valuation? Ultimately an independent valuation can uncover important questions and give you a fair anchor and basis from which to negotiate. Without a proper appraisal you are at the mercy of the sellers price. Use a professional independent valuation in your negotiations to establish a fair price for the business.

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Business Valuation Reports for Professional Advisors

A Business Valuation Report that is Professional, Independent and Objective helps all parties get a clear indication of the company's worth. Use for Raising Capital, Merging, Divesting, Selling and more... Our Business Valuation Reports: 1) Give objective / unbiased confidence in the underlying valuation; 2) Eliminate 'back of the envelope' and 'rule of thumb' assumptions; 3) Give clarity of key value drivers and assumptions driving future value; 5) Help separate unattainable expectations vs reality; and 6) Save time by achieving quickly an acceptable price for all parties.

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 Paul helped resolve a client partnership dissolution for me. The work was handled in a speedy and professional manner. 

Lana Miller
Bookkeeper
     

 Dear Paul, Thank you for your final valuation report. You have indeed added value to our due diligence process, thank you for your insight and assistance. You have given us pertinent questions to ask the seller and your info on Eskom is also of great use. 

J & J
Business Buyers
     

 Thanks so much Paul, you helped in such a massive way. Really value your work and insight provided. 

Alex
Business Owner
     
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  •  valuations@businessvalue.co.za
  •  It is important to point out that business valuations will be completed outside of duties at Stonehage Fleming. Business Valuations can be completed remotely. With access to company financials and discussions with management, brokers, or buyers, most valuations can be completed over email and telephone.