VALUATIONS

IFBC possesses extensive Corporate Finance know-how and long-standing experience in the valuation of companies within various industries along with solutions to specific valuation-related questions. Our services include in particular:

 

Company valuations within transactions are characterised by high complexity

The general uncertainty regarding future company development and the fact that information is in most cases limited place high demands on the evaluator. It is only with a deep understanding of the business model of the company being valued and a targeted usage of sensitivity, scenario and benchmarking analyses that reliable predictions can be made regarding the value of the company.


The financial fairness of a public tender offer must be assessed with a Fairness Opinion in an objective and independent way

Based on our long-standing experience and our proven professional competence in questions related to company valuation, IFBC has been certified by the Swiss Takeover Board as a suitably qualified evaluator for the issue of Fairness Opinions.


Due to the decision by the Supreme Court in the Quadrant case, the structuring of public tender offers has become increasingly complex

With the application of the minimum price rule, all (purchase) transactions involving shares in the target company must be investigated and assessed as to possible indirect benefits. IFBC has considerable experience in the practical implementation of this new takeover law as a certified evaluator of the offeror. IFBC thus valued the substantial indirect benefits in the Quadrant case as well as in the public tender offer for Schmolz + Bickenbach.


When determining the cost of capital, every single parameter has to be analysed in detail and defined with sound judgment

The cost of capital (WACC) has a significant impact on the valuation of a company, the determination of the financial value of a project or the assessment of an impairment need. Companies are well advised to establish a cost of capital concept that ensures consistent treatment of the essential cost of capital parameters (including currencies, inflation and risk profile) in the context of valuations.


Standard models for the valuation of investments and intangible assets

For recurring valuations of investments or intangible assets, the usage of standardised valuation models increases process efficiency and improves the quality of decisions.