Valuation
Listed peers, comparable transactions and a cash-flow view of your own plan. Every method reasoned in writing, every assumption visible.
Valuation and readiness
Know the number before anyone else does.
Before a sale, a fundraising, a shareholder agreement or a family succession: a reasoned valuation, and a readiness review that shows what a buyer will question.
Request a confidential conversation →What we do
Find what a buyer would find, before the buyer does.
Sale-readiness review
The questions a buyer will ask in due diligence, asked now with your auditors and lawyers: the numbers, contracts, tax, social security, related-party dealings. Each finding with what to do about it.
Strategy and sequencing
When, to whom, in what structure. The order in which a sale, a partnership or growth should proceed.
What is my company worth?
A plain guide to value.
- 01
Value is a range
Listed peers, comparable transactions and a cash-flow view of your own plan each give a range. The company’s value range is where these methods meet.
- 02
Buyers pay for profit that lasts
Most buyers start from sustainable EBITDA and a multiple. What raises the multiple is growth, predictability and the quality of the numbers.
- 03
Enterprise value is not what you receive
The headline price is usually enterprise value. What shareholders receive is that value less net debt, adjusted for working capital at closing.
- 04
What raises the price
Recurring revenue, a broad customer base, a team that runs without you, consistent numbers, and a clear reason for one buyer to pay more than the others.
- 05
What lowers it
Dependence on one customer or on the owner, figures that do not tie to the statutory accounts, unrecorded revenue, open tax or social security items, and unclear ownership of brands and software.
- 06
In Turkey: inflation and the lira
Buyers price in US dollars or euros. Real growth is separated from price effects, and the exchange-rate basis is stated.
- 07
Who buys changes the price
A strategic buyer who can do more with the company than you can alone may pay more. Competition between buyers sets the price as much as any method.
What owners ask
About valuation.
- 01
Why a range rather than one number?
Because value depends on the buyer and the terms. Each end of the range has its reason, so in a negotiation you know which end you are defending and why.
- 02
How do inflation and the lira affect value?
We restate the figures and work in US dollars or euros, with the exchange-rate basis stated. Separating real growth from price effects is a foreign buyer’s first question.
- 03
Who is the valuation for?
For you. It is prepared for your decision, not to hand to a buyer: for a sale, a fundraising, between shareholders or within a family. It is not a valuation report for regulatory or court purposes.
Start with a conversation.
A first conversation is confidential and carries no obligation.