标题: How to value a joint venture? [打印本页] 作者: irlfaan7 时间: 2011-8-12 09:50 标题: How to value a joint venture?
Level III candidates, and CFA Chartered holders,
Would you please explain how to value a joint venture (the methodology/mechanics behind it). Using a typical JV structure (i'm not sure of one might be). I would really appreciate it.
Thank you.作者: sameeragarwal 时间: 2011-8-12 10:06
multiply your birthday by three and take the square root.作者: Swanand 时间: 2011-8-12 10:22
Pick a number out of a hat.
NO EXCUSES作者: BelalM 时间: 2011-8-12 10:38
roll a joint and call it a day作者: sabaruch 时间: 2011-8-12 10:54
what a ridiculous question...you've been watching that scene from dark knight too many times作者: AnalystAlan 时间: 2011-8-12 11:10
This valuation method works only for valuing chinese joint ventures.
you go up to the partners, ask them how much cash they want for their joint venture. They will give you a number. You take that number and divide it by 2, that is ur intrinsic value.作者: Wendy01 时间: 2011-8-12 11:26
value the indiviual companis and add them , do not double count作者: RoastBeef 时间: 2011-8-12 11:42
passme Wrote:
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> This valuation method works only for valuing
> chinese joint ventures.
>
> you go up to the partners, ask them how much cash
> they want for their joint venture. They will give
> you a number. You take that number and divide it
> by 2, that is ur intrinsic value.
^ applies to everything from buying a fake rolex to a private equity deal.作者: eoin 时间: 2011-8-12 12:14
faraz70s Wrote:
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> value the indiviual companis and add them , do not
> double count
Faraz70s - Would you please elaborate on this? According to some, you need to know the structure. Let's say I put 90% cash and you put 10% sweat equity. How would we go about valuing the business if we believe it to be cash flow positive in one year?