Join us for an insightful workshop, "Redefining Valuation: Exploring the Integrated Theory," presented by BVIUK's esteemed expert Chris Mercer. This exclusive session delves into the intricacies of the Integrated Theory of Business Valuation, providing participants with a comprehensive understanding of essential valuation concepts.
Key Topics:
Overview of the Integrated Theory of Business Valuation: Gain a foundational understanding of the Integrated Theory, unraveling its key components and their significance in the business valuation landscape.
Valuation of Cash Flows to Equity: Explore the nuanced process of valuing cash flows to equity, uncovering methodologies and considerations that drive accurate and insightful valuations.
Valuation of Cash Flows to the Enterprise: Delve into the valuation of cash flows to the enterprise, examining critical factors that influence this valuation approach.
Defining the Primary Valuation Premiums and Discounts: Understand the essential concepts surrounding valuation premiums and discounts, and their impact on determining the true value of a business.
The Disappearing Minority Interest Discount: Chris Mercer explores the phenomenon of the disappearing minority interest discount, shedding light on its implications and relevance in contemporary valuation practices.
Challenges with Restricted Stock Studies and Pre-IPO Studies: Evaluate the limitations of traditional Restricted Stock Studies and Pre-IPO Studies, and discover alternative approaches for more accurate valuations.
Valuing Cash Flows to Shareholders and the QMDM: Uncover the intricacies of valuing cash flows to shareholders, with a focus on the Quantitative Marketability Discount Model (QMDM) and its role in valuing minority interests.
Wrap-Up and Questions: Conclude the session with a comprehensive wrap-up, followed by an interactive Q&A session where participants can engage with Chris Mercer, seeking clarity on the discussed topics.
Who Should Attend:This workshop is essential for business valuators, financial analysts, and professionals seeking to enhance their understanding of advanced valuation theories and methodologies.
About the Speaker:
Z. Christopher Mercer is the Founder and Chairman of Mercer Capital. Chris began his valuation career in the late 1970s. He has prepared, overseen, or contributed to hundreds of valuations for purposes related to tax, ESOPs, buy-sell agreements, and litigation, among others. In addition, he has served on the boards of directors of several private companies and one public company. He enjoys working with business owners to address ownership transition issues. Chris has extensive experience in litigation engagements including statutory fair value cases, divorce, and numerous other matters where valuation issues are in question. He is also an expert in buy-sell agreement disputes. Chris is a prolific author on valuation-related topics and a frequent speaker on business valuation issues for national professional associations and other business and professional groups. His most recent book is Business Valuation: An Integrated Theory, Third Edition (John Wiley & Sons, Inc., 2008) with Travis W. Harms, CFA, CPA/ABV.