Business valuation is the act or process of arriving at an opinion or estimation of the value of a business or entity or an interest therein.

Our business valuation division is supported by business valuers, mostly members of MAPPI (Indonesian Society of Appraisers), and all have a bachelor or masteral degree in finance as the background.

The task of business valuation division are to undertake all services in business valuation, interest, comercial papers and its derivatives, company's rights and liabilities, intangible asset, economical damages, and fairness opinion.

• Asset-based Approach, is a means of estimating the value of a business and/or equity interest using methods based on the Market Value of individual business assets less liabilities.
• Income Capitalisation Approach, is a general way of estimating a value indication of a business, business ownership interest, or security using one or more methods wherein a value is estimated by converting anticipated benefits into capital value.
• Market Approach, is a general way of estimating a value indication of a business, business ownership interest, or security using one or more methods that compare the subject to similar businesses, business ownership interests, or securities that have been sold.

Why do We Need Business Valuation services?
Business valuation is comonly undertake for several purposes below:

• Merger and Acquisition.
• Employee Stock Ownership Plans (ESOPs).
• Buy-Sell Agreements.
• Corporate and Partnership Dissolutions.
• Damage Actions.
• Intangible Asset Valuation
• Fairness Opinion.

Our Experience
The experience of business valuation divisions are among others:

• Valuation of merger and acquisition for closely held and/or publicly listed companies,
• Fairness opinion for material and/or conflict of interest transaction,
• Valuation of intangible asset,
• Purchase Price Allocation (PPA).

Who is Our Team?
The machinery valuation division is supported by machinery valuers, with formal education majoring in mechanical engineering, industrial engineering, and electro engineering, mostly members of MAPPI (Indonesian Society of Appraiser).

What is Our Task?
The task of this division is to undertake all services of valuation related to plant, machinery and equipment as well as aircraft, ships and vessels.

What are The Approaches and Methodologies?
The approaches and methodologies that are used ,

• Sales Comparison Approach, this comparative approach considers the sales of similar or substitute properties and related market data, and establishes a value estimate by processes involving comparison. In general, a property being valued (a subject property) is compared with sales of similar properties that have been transacted in the market. Listings and offerings may also be considered.
• Income Capitalisation Approach, this comparative appproach considers income and expense data relating to the property being valued and estimates value through a capitalisation process. Capitalisation relates income (usually a net income figure) and a defined value type by converting an income amount into a value estimate. This process may consider direct relationships (known as capitalisation rates), yield or discount rates (reflecting measures of return on investment), or both. In general, the principle of substitution holds that the income stream which produces the highest return commensurate with a given level of risk leads to the most probable value figure.
• Cost Approach, this comparative approach considers the posibility that, as a substitute for the purchase of a given property, one could construct another property that is either a replica of the original or one that could furnish equal utility. In a real estate context, one would normally not be justified in paying more for a given property than the cost of acquiring equivalent land and constructing an alternative structure, unless undue time, inconvenience, and risk are involved. In practice, the approach also involves an estimate of depreciation for older and/or less functional properties where an estimate of cost new unreasonably exceeeds the likely price that would be paid for the appraised property.

Why do We Need Machinery and Equipment Valuation Services?
Machinery and equipment valuation is comonly undertake for purposes below:

• Financing for Financial Institution
• In supporting the Business Valuation
• Initial Public Offering (IPO)
• Financial Reporting
• Acquisitions and Disposal
• Insurance Placement
• Leasehold Interest.

Our Experience
The machinery division has a vast experience in undertaking valuation, that covers:

• Wood industry,
• Yarn, textile and garment,
• Palm oil procesing plant,
• Chemical and pharmaceutical industry,
• Telecomunication,
• Cement plant,
• Tin and coal mining.

Who is Our Team?
Our agro valuation division is supported by agro valuers, who possessed bachelor or master degree in agriculture engineering, and have all become MAPPI (Indonesian Society of Appraiser) members.

What is Our Task?
The task of this division covers the services such as study, valuation, project monitoring, and plant census of various crops, to support various purposes of corporate actions.

What are The Approaches and Methodologies?
The approaches and methodologies that are used ,

• Sales Comparison Approach, this comparative approach considers the sales of similar or substitute properties and related market data, and establishes a value estimate by processes involving comparison. In general, a property being valued (a subject property) is compared with sales of similar properties that have been transacted in the market. Listings and offerings may also be considered.
• Income Capitalisation Approach, this comparative appproach considers income and expense data relating to the property being valued and estimates value through a capitalisation process. Capitalisation relates income (usually a net income figure) and a defined value type by converting an income amount into a value estimate. This process may consider direct relationships (known as capitalisation rates), yield or discount rates (reflecting measures of return on investment), or both. In general, the principle of substitution holds that the income stream which produces the highest return commensurate with a given level of risk leads to the most probable value figure.
• Cost Approach, this comparative approach considers the posibility that, as a substitute for the purchase of a given property, one could construct another property that is either a replica of the original or one that could furnish equal utility. In a real estate context, one would normally not be justified in paying more for a given property than the cost of acquiring equivalent land and constructing an alternative structure, unless undue time, inconvenience, and risk are involved. In practice, the approach also involves an estimate of depreciation for older and/or less functional properties where an estimate of cost new unreasonably exceeeds the likely price that would be paid for the appraised property.

Why do We Need Agro Valuation Services?
Agro valuation is comonly undertake for purposes below:

• Financing for Financial Institution
• In supporting the Business Valuation
• Initial Public Offering (IPO)
• Financial Reporting
• Acquisitions and Disposal
• Insurance Placement
• Leasehold Interest.

Who is Our Team?
Our real estate division is supported by real estate valuers with formal education majoring in civil engineering, mostly members of MAPPI (Indonesian Society of Appraisers).

What is Our Task?
The task of real estate division are to undertake all services in valuation, project monitoring, highest and best use study related to property (land and/or buildings and other land improvement).

What are The Approaches and Methodologies? The approaches and methodologies that are used ,

• Sales Comparison Approach, this comparative approach considers the sales of similar or substitute properties and related market data, and establishes a value estimate by processes involving comparison. In general, a property being valued (a subject property) is compared with sales of similar properties that have been transacted in the market. Listings and offerings may also be considered.
• Income Capitalisation Approach, this comparative appproach considers income and expense data relating to the property being valued and estimates value through a capitalisation process. Capitalisation relates income (usually a net income figure) and a defined value type by converting an income amount into a value estimate. This process may consider direct relationships (known as capitalisation rates), yield or discount rates (reflecting measures of return on investment), or both. In general, the principle of substitution holds that the income stream which produces the highest return commensurate with a given level of risk leads to the most probable value figure.
• Cost Approach, this comparative approach considers the posibility that, as a substitute for the purchase of a given property, one could construct another property that is either a replica of the original or one that could furnish equal utility. In a real estate context, one would normally not be justified in paying more for a given property than the cost of acquiring equivalent land and constructing an alternative structure, unless undue time, inconvenience, and risk are involved. In practice, the approach also involves an estimate of depreciation for older and/or less functional properties where an estimate of cost new unreasonably exceeeds the likely price that would be paid for the appraised property.

Why do We Need Real Estate Valuation Services?
Real Estate Valuation is comonly undertake for purposes below:

• Financing for Financial Institution
• In supporting the Business Valuation
• Initial Public Offering (IPO)
• Financial Reporting
• Acquisitions and Disposal
• Insurance Placement
• Leasehold Interest.

Our Experience
The experience of real estate divisions are among others:

• Valuation of assets of regional government.
• Valuation of property af government owned enterprises.
• Development monitoring of hotels and office towers and housing estate.