Business Valuation

Business valuation is a technical, multidisciplinary process aimed at determining the economic value of a company at a specific point in time, using objective criteria and internationally recognised methods.

It plays a strategic role in extraordinary transactions, ownership structures and growth paths, enabling stakeholders to base their decisions on structured data, forward‑looking analysis and coherent financial considerations.

Our Firm assists entrepreneurs, shareholders, investors and corporate groups throughout every stage of the valuation process, adopting a professional approach grounded in transparency, methodological rigour and a deep understanding of the business model. The valuation process includes several steps: analysis of historical and projected data, assessment of competitive positioning, review of operational and financial risks, definition of future scenarios and selection of the most appropriate valuation methods based on the sector and purpose of the transaction.

We apply the main methodologies recognised by international practice: Discounted Cash Flow (DCF), asset‑based methods (including adjusted net asset value), income‑based approaches, market multiples and mixed models. Particular attention is given to projected cash flows, margin sustainability, working capital structure, net financial position, capital investment dynamics and intangible value drivers such as know‑how, brand reputation, customer portfolio, intellectual property and ESG factors.

We also support clients in interpreting the results, understanding the levers that influence corporate value and evaluating the strategic implications of the valuation. This includes assistance in M&A negotiations, generational transitions, entry of new shareholders, drafting of shareholders’ agreements and the development of industrial or strategic plans.

Our work concludes with a complete, clear and well‑documented valuation report, suitable for internal, banking, tax, corporate or transactional purposes. Our goal is to deliver a high‑quality professional service that enables clients to make informed decisions, reduce information asymmetries and strengthen the reliability of their strategic processes.