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by a searcher
8m ago
from University of Oxford
in Calgary, AB, Canada
Valuations of businesses or of assets?
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by an investor
6m ago
from Dartmouth College
in Hanover, NH 03755, USA
I don't have a recommendation of a firm. Most/many accounting/audit firms will do this work for you. I do have some cautionary advice though (apologies for longwindedness that follows)....what is the purpose? in our experience accounting firm valuation/audit processes for small companies are not super useful or accurate to reality. I'm sure there are exceptions, but academic or accounting driven valuations aren't super applicable to smaller companies and what the thing is really worth. More of a check the box necessary evil if you are, for example, in an audited fund that requires this exercise. Often (and for good reason) they look to sponsor to guide the answer and will rely on public comps (largely irrelevant to small companies), transaction comps (largely unavailable from credible sources), or DCF (too sensitive to not give you the answer you want), and end up triangulating to the valuation that feels right to the sponsor or maybe pushing back one direction or the other if that seems unrealistic to them. If you are guiding, you may end up somewhere between cost and 4-8x EBITDA (depending on business size and sector may be higher I guess). Claude AI is providing better content currently if you really want to get actual guidance to what a business in a specific sector may be worth in practice, but your question seems like you need an annual valuation (like for an audit), so given all the above, I would recommend preparing the data yourself (and you'll probably still need the third party validation given the way you asked the question). Sorry if rant here was off-base to providing insight to your question!!