We evaluate companies irrespective of their complexity by estimating the total value of the company, the value of the invested capital and \/ or the amount of equity. Most often, it’s about transferring the entire business or a majority stake or of about controlling stocks \/ shares.<\/p>\n
We use the valuation market information from the most widely used databases (Infront Analytics, Amadeus, Reuters, CapitalIQ) on the basis of sectoral and industry analyses of activity volumes, expected developments, multiple market performance indicators.<\/p>\n<\/div>
In most cases, when the customer’s need is to transfer minority stocks or shares in the case of listing or delisting of the capital market, the firm’s valuation leads to the final estimate of the value of a stock or share.<\/p>\n
The most common uses of company valuations are to estimate the value of the net contribution in the merger and \/ or division, for transfers between affiliated parties, and to substantiate purchase or sale decisions.<\/p>\n<\/div>
Starting from the value of the company as a whole (estimating the value of equity), applying whether or not premiums or settlements, we analyse and estimate the value of a stock or shares.<\/p>\n
The most commonly used purposes of stock and share valuation are listing and delisting on the capital market, related party transactions, and valuation for inclusion in the financial statements, especially where consolidated financial statements are available.<\/p>\n<\/div>
When a company’s activity takes place across multiple markets, domains and industries, or across multiple business segments, situations that require only one segment or a limited number of business segments to be valued out of the total occur.<\/p>\n<\/div>
Segregation of the evaluated business from the entire business complex of an entity, with all its operational, commercial, financial, human flows, is the starting point of the valuation in this case, and is based on a complex and in-depth analysis of the entire activity of the company.<\/p>\n<\/div>
This type of valuation is used mostly in cases of acquisition of business lines between neutral or affiliated parties, joint ventures, or other types of joint venture, and when business valuation aims at impairment testing for depreciation (depreciation test for activity lines or the so-called “impairment test”).<\/p>\n<\/div>
Darian DRS covers the entire spectrum of economic activities within the valuation of the production line, tools, machinery and equipment:<\/p>\n
Our own pricing database, accumulated experience, and a team dedicated to machine and equipment valuation allow us to address a wide range of high complexity valuations by applying valuation techniques and methods, in line both with Romanian standards and legislation, as well as with best international practices.<\/p>\n
Valuation reports are mostly used for transfers between affiliated parties, but also for securing loans, for recording in financial statements, as a contribution to equity, or for restructuring, insolvency and liquidation of companies.<\/p>\n<\/div>
After years in which the intangible elements were “Cinderella” from the point of view of their individual recognition both in the transactions and in the financial statements of the Romanian companies, the last period marked a return of the business environment towards the recognition and valorisation of intangible assets and intellectual property.<\/p>\n
Access to international databases such as RoyaltyStat and RoyaltySource, as well as the experience gained in past projects, allow us to participate in valuations of intangible assets using internationally recognized estimation methodologies that allow our clients to use valuation reports both in Romania and abroad.<\/p>\n<\/div>
The most common uses of this type of valuation are the use for the allocation of the acquisition price and recognition in the financial statements as a result of the acquisition \/ business \/ enterprises combinations, but also for transactions between related parties.<\/p>\n
Our approach is an integrative one, which takes into account the synergy of knowledge, specializations and experiences of the valuation and taxation departments.<\/p>\n<\/div>
Generic real estate or generic real estate properties evaluated by the Darian team across the country fall into the following major categories:<\/p>\n
The main types of commercial properties over the years are: malls and shopping galleries, hypermarkets and supermarkets serving most of the existing networks in Romania, discount stores, car showrooms, and household product presentation store networks.<\/p>\n<\/div>
The evaluated industrial real estate properties belong to the entire spectrum of sections of the manufacturing industry, from the food industry to the metallurgical industry, passing through the car building industry, shipbuilding, textile industry or the manufacturing of fiber products, the manufacturing of cables or glass products.<\/p>\n
In the sphere of the logistic parks or storage halls evaluated, we also include, in addition to classical ones, “big box” or DIY properties from the area of building materials or DIY.<\/p>\n
In the 30 years of experience, the number of hotels, restaurants and treatment and entertainment are valued by the thousands, covering the whole range of hotels for business tourism, transit tourism, or relaxation and treatment tourism. Without modest modesty, we believe that you will find at least one hotel rated by Darian over time, in every resort in Romania.<\/p>\n<\/div>
Achieving a quarterly analysis of the real estate market at national level, both in the commercial and office and industrial segment, allows us to substantiate the data used in the valuation reports and to maintain a high quality and clarity of our reports.<\/p>\n
Valuations to guarantee a loan are predominant in this valuation area, but the valuations for inclusion in the financial statements, the tax assessment and the valuation for the capital increase also follow.<\/p>\n<\/div>