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PROGRAM OVERVIEW
Corporate Valuation Professional includes everything
you need to analyze a company, estimate future earnings, select appropriate
risk and investment rates and prepare an impressive, fully documented
valuation report that can be edited in Microsoft Word.
The system was designed to conform to PPC's Guide to Business Valuations
authored by Shannon P. Pratt, Jay E. Fishman, J. Clifford Griffith, D.
Keith Wilson and Stanton L. Meltzer, recognized leaders in the field of
business valuation.
HISTORIC ANALYSIS
Fully-linked, line-item projections of the Income Statements, Balance
Sheets, Statements of Cash Flows, Statements of Retained Earnings and
Sources & Uses of Funds are created for 1 to 10 years.
Income Statement projection options include regression trend-line, historic
average growth, manual constant growth, historic percent of sales, manual
percent of sales and manual dollar value inputs.
The base amount for each Income Statement account can be adjusted as needed.
Projected income taxes are estimated based on corporate tax tables or
effective tax rates.
Net Operating Loss carryforward is automatically deducted as projected
income permits.
Common Dividends are calculated as either a percent of net income and
Preferred Dividends as a percent of the preferred stock balance, or enter
dividends manually.
Accounts Receivable, Inventory and Accounts Payable can be projected using
historically calculated turnover ratios, manual turnover ratios or dollar
amounts. hat includes short-term, long-term, equity and equity kickers.
The amount of Fixed Assets required to sustain revenue growth is estimated.
Assets can be purchased and disposed of in any projected year. The effect
of asset purchases and disposals is automatically calculated along with
depreciation using straight-line or accelerated methods.
Fixed asset purchases can be financed, in whole or in part, during any
projected year with changes to the projected financial statements calculated
automatically.
Short-term and long-term notes are amortized with flexible payment options
including normal amortization or direct reduction, interest and principal
deferrals and balloon payments that are calculated automatically.
Goodwill and other intangibles are amortized over any term.
Key income statement and balance sheet figures are summarized and presented
for each projected year.
BUSINESS VALUATION
Valuation approaches include asset, income, market comparable and other
approaches.
The Asset Approach includes the following methods: Book Value, Net Asset
Value and Liquidation Value.
The Income Approach includes the following methods: Capitalization of
Earnings and Discounted Future Earnings.
The Market Comparable Approach includes the following methods: Price to
Earnings, Price to Revenue, Price to Cash Flow from Operations, Price
to Gross Cash Flow, Price to Dividends, Price to Book Value, Price to
Net Asset Value, Price to Total Assets and Price to Equity.
The Other Approach includes the following methods: Capitalization of Excess
Earnings and Multiple of Discretionary Earnings.
The Preferred Stock Valuation method estimates the value of any preferred
stock based on the market yield of the preferred stocks of comparable
companies.
Includes discount and capitalization rate models for both net-of-debt
and debt-free earnings. Discount and capitalization rates are based on
either the Build-Up method or the Capital Asset Pricing Model (CAPM) method.
Includes options for Control Premiums, Minority Discounts, Marketability
Discounts and partial interest valuations.
Valuation earnings base options include Normalized Net Income, EBT, EBIT,
EBITDA, Net Cash Flow and Free Cash Flow with weighting options for each
historic year.
A valuation summary lists each method used and the respective value, which
can be weighted and averaged to arrive at a total equity value.
VALUATION REVIEW
Includes an "economic reality test" of your conclusion of
value. As you set hypothetical purchase terms including the amount of
equity and the required return, and the amount and payment terms of up
to four levels of acquisition debt, a "real time monitor" gives
you instant feedback.
Key measures of operating performance and Return on Investment performance
for the hypothetical transaction terms are provided as part of the economic
reality test.
Also included are flexible Rules of Thumb that allow you to use any combination
of multiples of earnings, assets, and user-defined multiples to determine
the reasonableness of the values indicated by the other methods.
SCHEDULES, GRAPHS & UTILITIES
Contains over 65 insightful, supporting schedules that can be printed
individually or in user-defined batches.
Print controls include page orientation, headers and footers, scaling
(print-to- fit), and much more.
The Graphing function generates over 55 pre-formatted graphs and updates
them as your data changes.
A Completion Status Checklist tracks your progress through each section
of the program.
Includes built-in spell-checking capability.
Export feature allows you to export any of the supporting schedules to
delimited text files for further manipulation in external applications.
Built-in file compression and decompression for easier transportation
of your data files.
The send function allows you to easily send selected files via email.
Includes comprehensive, context-sensitive help for every screen in the
program.
FINANCIAL REPORT BUILDER™
Included with Corporate Valuation Professional, the Financial Report
Builder links the numeric analysis with a pre-formatted valuation report
narrative that automatically documents the analysis for you using Microsoft
Word.
The Financial Report Builder is "smart" enough to know what
analysis you actually performed and describes the results of the analysis.
Both the templates and generated reports are fully customizable using
Microsoft Word.
SYSTEM SPECIFICATIONS
O/S: Windows 95 / 98 / ME / NT / 2000
CPU: Pentium 100 or greater
RAM: 16mb minimum, 32mb or more recommended
Hard Disk: 15mb for installation, 3.8mb for each new data file
Video: 16-bit HiColor or better recommended
Valuation is a serious business. If you're looking for an
equally serious valuation technology, you'll want to try Corporate Valuation
Professional today!
To order your copy today, contact us at sales@postidea.com
or call us at 1- 888-316-4332. You and PostIdea.com make better Deals
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