Fundamentals
We assess the business model, track record, market and future cash generation capacity.
All services
Supported value for business decisions
Business Valuation
We value businesses and shareholdings to support acquisitions and disposals, shareholder entry or exit, capital raising, reorganisations and investment decisions.
Discuss a transactionOur perspective
Value is not an isolated number. It reflects expected cash flows, risk, financial structure and the context of the decision.
The challenge
A robust valuation makes assumptions, risks and alternatives comparable.
Discounted cash flow and market multiples provide complementary perspectives. Their usefulness depends on forecast quality, the selection of references and the correct treatment of debt, working capital and other adjustments.
Fenix Capital Partners develops a transparent analysis with valuation ranges and sensitivities, distinguishes enterprise value from equity value and explains the factors with the greatest influence on the outcome.
Comparable methods
We combine DCF, listed company and transaction multiples and other approaches suited to the case.
Sensitivities
We show how growth, margins, risk, debt and assumptions affect the valuation range.
How we can help
From initial assessment to completion.
- ✓Valuation for a business acquisition or sale
- ✓Value reference for shareholder entry or exit
- ✓Valuation for capital raising and investor negotiation
- ✓Financial valuation of shareholdings
- ✓Value creation and strategic scenario analysis
Our process
A structured approach with direct involvement.
Context
We clarify the purpose, valuation date, perimeter and available information.
Valuation
We develop methods, adjustments and sensitivities appropriate to the business and decision.
Interpretation
We present a supported range and the factors that may change it.
Mandate and deliverables
Practical work to move the decision forward.
The scope is tailored to the transaction, the stage of the process and the needs of management or shareholders.
- 01
Financial assessment and business model analysis
- 02
Discounted cash flow model and sensitivities
- 03
Comparable company and transaction multiple analysis
- 04
Bridge from enterprise value to equity value
- 05
Valuation report and presentation of conclusions
When to talk to us
Where we add value.
Preparing to decide
Answers to help you move forward with clarity.
How is a business valued?
Income approaches such as discounted cash flow are usually combined with multiples from listed companies or comparable transactions. The selection and weighting of methods depend on sector, maturity, available information, risk and the purpose of the valuation.
DCF or multiples: which method is most appropriate?
DCF can reflect company-specific cash flows and risks, while multiples provide a market reference. In many cases, the most useful view comes from applying both methods and analysing the reasons for any difference between their results.
What is the difference between enterprise value and equity value?
Enterprise value represents the value of operations regardless of financing. To derive equity value, the amount attributable to shareholders, it is normally adjusted for net debt and other assets or liabilities defined for the transaction.