Questions and answers
Frequently Asked Questions (Company Valuation)
What exactly is company valuation, and why should I have it done?
Company valuation is the process of estimating your company's market value by analyzing its financial data, market position, and future potential. For company sales, bringing in a new partner, inheritance transfer, or strategic growth plans, knowing your real value strengthens your hand at the table and prevents mispricing.
Is my company's value determined only by financial statements?
No. Financial statements (revenue, profitability, debt structure) are fundamental; however, when performing a valuation, Anatrica Partners also takes into account "invisible" values such as brand reputation, customer loyalty, technological infrastructure, growth potential in the sector, and competitive advantage.
Which valuation methods do you use?
We combine three internationally accepted core methods:
- Discounted Cash Flow (DCF): Calculates the present value of future cash flows.
- Market Multiples: Benchmarks against the sales and IPO data of comparable companies.
- Net Asset Method: Takes the current market value of the company's assets as the basis.
Is goodwill included in the calculation?
Yes. Not only your company's physical assets, but also elements such as brand awareness, customer portfolio, and market credibility are included in the valuation as "goodwill." This is a critical factor that increases the value of established SMEs in particular.
What is the impact of non-operating assets (real estate, vehicles, etc.) on valuation?
Real estate, luxury vehicles, or idle investments that appear on the company's balance sheet but are not directly related to its core business are classified as "Non-Operating Assets." In our valuation report, after calculating the value of the business (Enterprise Value), we add these assets at their current market values to reach total equity value (Equity Value). This prevents the value of your properties from being lost inside operational data.
Can't our own accountant make this calculation?
Accountants keep records with a focus on tax and accounting. Company valuation, however, is a specialized financial engineering process that requires market analysis, sector multiples, and future projections. A report prepared by an independent institution such as Anatrica Partners has much higher persuasiveness and validity in the eyes of buyers and investors.
Does having a valuation done ensure that my company will be sold at the highest price?
The valuation report determines your company's "ideal sale price." Through this report, you present a defensible, realistic, and data-driven argument to the buyer. An accurate valuation helps you receive the value you deserve by preventing unnecessary discounts during negotiation.
How long does the valuation process take, and which documents are required?
Although the process varies depending on the complexity of the company, it is usually completed within a few weeks. As a basis, we start our analyses with income statements, balance sheets, trial balances, and future investment plans for the last 3-5 years.
What can I do to increase my company's value?
Based on the picture revealed by the valuation, we provide strategic recommendations such as increasing operational efficiency, reorganizing the debt structure, investing in digitalization, or reducing customer dependency. As Anatrica Partners, we do not only determine value; we also draw the roadmap that will increase your value.
Should I use online company valuation services?
Company valuation is too critical and strategic a process to be concluded merely by entering numerical data into an algorithm. Online automated tools cannot analyze the current value of your business assets, your real profitability, market position, brand strength, and sector risks. Our expert team at Anatrica Partners goes beyond standard question sets and examines variables specific to your company. A realistic report that is aligned with market conditions and valid in the eyes of investors can only be produced through meticulous work by experienced specialists.
What is my company worth without me?
In small businesses, all relationships and technical know-how often sit with the owner. The business owner wonders, "Will the value drop when I step away from the business?" In reality, the company's dependence on one person is a risk premium. During the valuation process, we analyze your level of institutionalization and report how this risk affects value.
Are cash in the bank and vehicles on hand included in the price?
SME owners may sometimes mix personal assets with company assets. Questions such as "What would the value be if I took out the real estate held by the company and sold it that way?" are very common. We evaluate non-operating assets (excess cash, investment real estate, etc.) separately in the valuation.
Are the common 'X times revenue' myths in the sector true?
Hearsay such as "companies in our sector sell for 2 times revenue" is one of the biggest reference expectations of company owners. Sector multiples are an indicator, but each company's debt structure, customer concentration, and growth rate are different. We perform multiple analysis based on data, not rules of thumb.
If people hear I had a valuation done, what will my employees, customers, or competitors think? How do you ensure confidentiality?
The fact that a business has a valuation performed or is considering a sale is highly sensitive information in terms of employee management and competitive strategy. From the very beginning of the process, Anatrica Partners manages all data sharing within the framework of comprehensive Non-Disclosure Agreement (NDA) protocols. The entire operation is carried out with full confidentiality and in line with professional ethical standards to protect your company's commercial reputation and market position.
How is "true operational profitability" that does not appear in official financial statements calculated?
Many businesses may not fully reflect their real performance in their financial statements due to one-off expenses or tax optimization strategies. Our experts "normalize" the financial statements by removing personal expenses, incidental costs, or extraordinary income. As a result of this analysis, we reach your company's true Normalized EBITDA figure and reveal the market value your company deserves.
If 50% of my revenue comes from a single company, how does that affect my value?
Customer concentration is a major risk for companies. Customer diversity pushes valuation upward. Dependence on a single customer or a few customers increases the risk premium; we also present in our report how you can manage this risk.
Am I also selling my brand name and logo?
The business owner may want their name to remain on the sign, or conversely, may be hesitant to transfer the brand bearing their name. We analyze in detail the role of trademark rights, intellectual property, and naming rights in valuation and their impact under transfer scenarios.
Does a valuation report have an expiration date? I received this report; can I use it 2 years later?
Company valuation is a snapshot of a living company. Because market conditions and company performance change, reports should generally be updated every 6 months.
Will our company value be the same with every valuation firm?
Answer: Company valuation is a specialized process that requires financial data to be interpreted together with sector experience and market foresight. Since different institutions may have different future projections, risk premiums, and multiple preferences, results may vary. As Anatrica Partners, thanks to our methodology based on thousands of completed transaction data points, we minimize subjective assessments and determine the most accurate value for your business that is rational and acceptable in the market. At this point, the institution's experience is a decisive factor in the realism of the result.