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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:
-------------------------------------------------------
> 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?

Again, I'm not familiar with this topic.

Thanks in advance.




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