Valuation Conclusions - Small High Tech Services Company at Technology Stock Peak

 

Subject to the assumptions and limiting conditions presented herein, we have estimated the Fair Market Value of Common Equity of 100.00% of XYZ Systems's common stock equity to be $6,758,289.

 

Weighted

Method Value Weight Value

Book Value 433,776 1.0 433,776

Adjusted Book Value 433,776 0.0 0

Liquidation Value 102,446 0.0 0

Capitalization of Earnings 6,661,667 1.0 6,661,667

Capitalization of Excess Earnings 6,661,667 1.0 6,661,667

Discounted Future Earnings 6,213,357 1.0 6,213,357

Mergerstat Price to Earnings Multiple 12,571,198 1.0 12,571,198

Rule of Thumb 8,814,400 1.0 8,814,400

Sum of weighted values 41,356,064

Divided by: Sum of weights 6.0

Weighted average total entity value 6,892,677

Less: Fair market value of Preferred stock 134,388

Fair market value of common equity 6,758,289

 

See the respective supporting schedules for the individual value calculations.

 

2002-2011 Statistical Dynamics, Inc. All Rights Reserved.           BACK [ BACK ]