It is not possible to indicate the average cost of expert stock valuation. Each enterprise is unique and has a number of indicators that affect its cost. Our company regularly conducts independent stock valuation in full compliance with the requirements of the National Securities and Stock Market Commission. The price of valuation of securities is calculated individually.
Expert evaluation of stocks is a special case of independent evaluation of corporate rights and is most often used for:
- the purpose of the additional issue. In this case, the enterprise is evaluated in its entirety with an indication of the value of 100% of the capital and one stock;
- minority stake buyback from shareholders;
- determining the value of the stocks of third companies that are on the balance sheet of the enterprise;
- presentation in court.
Cost, timing and scope of work of stock assessment depend on factors such as:
- are these securities listed on exchanges;
- do we have access to the reports of the issuing enterprise.
Approaches to assessment of stocks are chosen on the basis of:
- existence of enterprise activity;
- a profit from the enterprise;
- number of assets on their balance sheet;
- asset types on the balance sheet.
Market value and value of stocks
Please note that there is no direct connection between the nominal value of the stocks and their market value!
The nominal value of the stocks is just a historical fact. Once upon the establishment of an enterprise the founders formed the authorized capital and divided it into a certain number of stocks, having determined their «face value».
Depending on the success of doing business, the value of the enterprise and its shares is constantly changing in both large and smaller ways. However, the «face value» remains the same. If the company shows a profit, which also grows annually, the value of its shares will rise. Or the reverse situation – according to the financial results of the company shows losses, and also got loans. Then the value of the company may even be negative, and the market value of such shares will tend to zero.
Basic data for evaluation
Main information for independent valuation of stocks, as in the case of expert evaluation of corporate rights, is contained in the balance sheet of the enterprise. In the first phase of the negotiations, we need to see this balance and the financial results for the last reporting period. After that we will ask you to decrypt some lines of balance (depending on what is written in this balance sheet), and only then can we discuss the timing and cost of work.
In most cases, the valuation of securities requires revaluation of fixed assets of enterprise. Therefore, if you have fixed assets on your balance sheet, we will need to decrypt them (it specifies the name of fixed asset, the original cost and the date of putting on the balance sheet)).
The cost of work on minority stake valuation is also calculated individually. The peculiarity of such works is that the customer often does not have access to accounting documentation. In this case, we need information about the name, the issuer’s Unified State Register of Enterprises and Organizations of Ukraine code and the package size to form the cost of the work.
Also, the cost and timing of our work may be affected by whether there is sufficient information about the actual sale of securities of the same issuer on stock exchanges.
Our appraisal company carries out an independent evaluation of the shares on the basis on the certificate of the subject of valuation activity with the open direction «Evaluation of whole property complexes, units, securities, property rights and intangible assets»issued by the State Property Fund of Ukraine.
We are ready to offer you the most favorable conditions of cooperation and answer on all questions. You are welcome to call us!