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THE ALBION GROUP OF
COMPANIES:
The Albion Group of Companies is based in Valley Stream, NY and Miami,
FL, with additional offices in Los Angeles and Chicago, IL. The Group
Companies are ISO 9001 Certified and specialize in services
specifically in the freight forwarding and transportation industry.
Albion International Services, Inc., established in 1991, offers
financial and management services including Mergers, Acquisitions and
Company Valuations. Our sister-companies Albion Management Resources,
Inc. and Albion Quality Management Systems, Inc. offers Executive
Recruitment and Quality Consulting services respectively.
COMPANY VALUATION SERVICES:
For over 15 years, Albion's Company Valuation Services have been used
extensively within the maritime, freight forwarding, transportation
and logistics industries for numerous purposes including Bank Loans,
Estate Planning, Insurance, legal disputes, selling of companies, for
buying out partners, etc. In each instance, our Valuations have
undergone extensive scrutiny and have been found credible and
accurate.
When engaged to value the stock of a closely held corporation, or the
stock of corporations where market quotations are not available,
Albion takes into consideration all available financial data, as well
as all relevant factors affecting the fair market value. No general
formula may be given that is applicable to the many different
valuation situations arising in the valuation of such stock. However,
the general approach, methods, and factors which must be considered in
valuing such securities are outlined below:
√
The nature of the
business and the history of the enterprise from its inception.
√
The economic outlook in
general and the condition of the business.
√
The book value of the
business and the financial condition of the business.
√
The earnings capacity of
the company.
√
The dividend-paying
capacity.
√
Whether or not the
enterprise has goodwill or other intangible value.
√
Sales of the stock and
the size of the block of stock to be valued.
√
The market price of the
stock of corporations engaged in the same or a similar line of
business
Ultimately, Albion
concludes a Fair Market Value consistent with the most widely
recognized definition of value used by financial and legal
professionals - namely, in the USA, Internal Revenue Service Ruling
59-60. Although not actually a law, this ruling has been given the
force of law in numerous court cases involving the valuation of
closely held securities. Its definition of "Fair Market Value" is used
almost universally as a means of setting forth the purpose and meaning
attached to valuation opinions. Revenue Ruling 59-60, C.B. 1959-1, 237
defines Value as: "The price at which the property would change hands
in a competitive and open market between a willing buyer and a willing
seller when the former is not under any compulsion to buy and the
latter is not under any compulsion to sell, both parties having
reasonable knowledge to relevant facts and assuming the price is not
affected by undue stimulus".
VALUATION FEES:
We will prepare a Valuation Quotation for you upon demand.
Please contact us for
additional information
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