Business valuation

Scope of the Offer

The offer includes valuation of enterprises as of the current date and as of a historical date, including valuation of enterprises acquired under the so-called Bierut Decree, as well as valuation of an organized part of an enterprise.

It is possible to prepare the valuation as a so-called private expert opinion for civil court purposes.

There is also an option to prepare the document in English.

When a Business Valuation is Needed

A business valuation is an analytical document providing the value of a company at a specified point in time, the so-called valuation date. The valuation can be performed as of the current date or a historical date.

Company valuation is prepared in the following business situations:

• Sale of shares / stocks;
• Sale of the entire enterprise;
• Capital increase;
• Paid redemption of shares / stocks;
• Implementation of a merger issue (merger by acquisition);
• Establishment of a pledge on shares / stocks;
• Buyout of one shareholder by the remaining shareholders;
• Estimation of a possible impairment write-down on the company’s ownership securities.

Company valuation is prepared in the following private situations:

• Division of spouses’ joint property;
• Division of assets among heirs.

Valuation of an organized part of an enterprise is usually performed in connection with a planned transaction involving the separation and sale of an organized part of the enterprise.

Business Valuation Process

The first and key stage of the valuation is the proper selection of the valuation method. The method is chosen considering the following criteria:

• Purpose of the valuation (sale, capital increase, property division, etc.);
• Financial condition of the enterprise (i.e., whether the assumption of going concern is feasible and reasonable);
• Scope of available financial data (especially for historical valuations, access to financial documents may be significantly limited);
• Current wording of the National Business Valuation Standards.

The scope of required materials and information is closely related to the selected valuation method(s) (it is quite common to perform valuation using more than one method).

Document Standard

A typical valuation report in our standard includes the following elements:

• A brief description of the enterprise;
• Identification of the valuation method(s) with justification for the choice;
• Description of assumptions and methodology;
• Complete calculations carried out during the valuation process;
• Valuation result along with a summary.

Modifications to this structure are possible to accommodate the specifics of the enterprise.

Geographical Scope of Services

We provide services throughout Poland. For clients located outside the Lublin region, meetings are conducted online (via MS Teams), and documents are exchanged electronically.