{"id":55057,"date":"2025-06-19T08:13:19","date_gmt":"2025-06-19T07:13:19","guid":{"rendered":"https:\/\/valuesque.com\/en\/?page_id=55057"},"modified":"2025-06-26T17:53:41","modified_gmt":"2025-06-26T16:53:41","slug":"valuation-and-analysis-for-financial-investors","status":"publish","type":"page","link":"https:\/\/valuesque.com\/en\/cases-stories\/valuation-and-analysis-for-financial-investors\/","title":{"rendered":"Cases & Stories_Valuation_and_analysis_for_financial_investors"},"content":{"rendered":"

[vc_row row_height_percent=”80″ override_padding=”yes” h_padding=”2″ top_padding=”4″ bottom_padding=”4″ back_image=”54077″ back_repeat=”no-repeat” back_attachment=”scroll” back_position=”center top” parallax=”yes” overlay_color=”color-190198″ overlay_alpha=”75″ equal_height=”yes” gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ position_vertical=”bottom” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/1″][vc_custom_heading heading_semantic=”h1″ text_size=”h1″ text_color=”color-xsdn”]Valuation and analysis for financial investors<\/span><\/span>\u00a0<\/span>
\n[\/vc_custom_heading][vc_empty_space empty_h=”2″][vc_separator sep_color=”color-429748″][\/vc_column][\/vc_row][vc_row unlock_row_content=”yes” row_height_percent=”0″ override_padding=”yes” h_padding=”5″ top_padding=”3″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1\/1″][vc_custom_heading heading_semantic=”h3″ text_size=”h3″]Case: <\/span>F<\/span>airness opinion<\/span>[\/vc_custom_heading][vc_separator el_width=”22%” el_height=”2px”][vc_column_text]We were commissioned by the supervisory board of a listed stock corporation to prepare a fairness opinion as part of the review of a potential company acquisition. The objective of the engagement was to provide a well-founded, objective and comprehensible assessment of whether the transaction in question could be considered appropriate for the company from a financial perspective (due diligence obligations of the Supervisory Board pursuant to Sections 93, 116 AktG, German Stock Corporation Act).<\/span>\u00a0<\/span><\/p>\n

Our approach followed the standard process established in capital market practice for the preparation of fairness opinions: The first step involved a detailed analysis of the acquisition target, in particular the historical and forecast key financial figures, the competitive position, market conditions and relevant strategic synergies. The analysis was supplemented by a qualitative assessment of the management, the operational scalability and the risk structure of the target company. This formed the basis for the plausibility check of the management planning.<\/span>\u00a0<\/span><\/p>\n

Building on this, we developed a holistic valuation model that included both DCF analyses and multiples-based methods. The valuation parameters used were derived on the basis of capital market and transaction data and critically validated with regard to comparability and market relevance. At the same time, the planned transaction structure model – including purchase price, payment modalities and earn-out components – was integrated into the overall valuation. In doing so, we identified possible valuation ranges and categorised the planned transaction within this range.<\/span>\u00a0<\/span><\/p>\n

Finally, the fairness opinion was documented in a formalised report that discusses the financial appropriateness of the transaction with regard to the interests of the shareholders. The presentation was clearly structured and tailored to the target audience – with the aim of providing the Supervisory Board with a sound basis for decision-making as part of its monitoring and approval duties.<\/span>\u00a0<\/span>[\/vc_column_text][vc_accordion][vc_accordion_tab gutter_size=”2″ column_padding=”2″ title=”Critical points:” tab_id=”1680062299-1-3″][vc_column_text]<\/p>\n