Company appraisal

The Study matured a specific experience in the company appraisals both for single enterprises and for groups of companies, including multinational companies. The professionals of the Study are able to carry out a complete accounts auditing of the informative bases in order to reach an integrated judgment of appraisal. Once the verification of the informative bases is carried out, the Study can face the major analysis, the patrimonial analysis and the verification of the intangibles. Then the model of appraisal between the absolute criteria (profitability model, financial model, mixed patrimonial-profitability model) and the relative criteria (multiple) is chosen in order to reach the final result. The professionals of the Study prepare estimations both referring to operations of extraordinary finance (transformations, increases in capital, renunciations, bestowals, mergers and splits for the determination of the exchange relationships, initial public offer - IPO - intra-group and with correlated parties transfers etc.) and to balance sheet auditing (IAS, fair value, intangibles). Moreover, the Study offers appraisals of packages of control and of different securities categories. The Study carries out appraisals of corporate groups, too.