COMPANY VALUATION
SERVICE
Albion's Company
Valuation Services have been used extensively within the maritime, freight
forwarding, transportation and logistics industries. With our
concentration on
Mergers & Acquisitions, we know our valuation results to be
accurate. This is what Albion
does best!!
Our Company Valuation Services have
been used 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.
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
having their stocks actively traded in a free and open market, either on an
exchange or over-the-counter basis.
Ultimately, Albion concludes a Fair Market Value consistent with the most widely
recognized definition of value used by financial and legal professionals -
namely 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".
If your need is to obtain a formal valuation of a Company, Albion is uniquely
qualified to assist you. If you are interested in having a Company
Valuation, we invite you to either
Email
Albion or to complete our
Guest Book
for an early response.