services

Business Valuation

Evaluating means informing strategic decisions through the knowledge of value, not through the illusion of price.


We estimate the “Indicative” fair value of your company based on robust analyses (DCF, multiples, return value, etc.), with a documented and defensible report with third parties (banks, investors, authorities).


What is a business valuation?

Evaluating a company means analysing its past performance, future prospects and market environment in order to identify defensible value. This approach allows you to make strategic decisions to secure your operations.

Step 1

Scope of the mission

Define the purpose, context and specific objectives of the evaluation to frame the mission.

Step 2

Document collection

Gather the financial, legal and social information necessary for the analysis.

Step 3

Modeling

Apply appropriate methods to estimate the value and performance of the company.

Step 4

Preliminary report

Structure the results obtained in a clear, synthetic and reasoned document.

Step 5

Presentation of the results

Share the initial conclusions with the client and discuss the hypotheses adopted.

Step 6

Update the model

Update the template and report based on feedback and new items available.

Step 7

Final report

Finalize, validate and submit the complete report, usable in various contexts.

Contexts

Why and when to carry out a business valuation?

Business valuation is a lever for supporting or re-examining growth, transfer or reorganization directions.

Succession planning

Determine an objective market value to prepare a sale, an inheritance or a donation by reducing uncertainty during negotiations.

fundraiser

Align founders and investors with a well-founded, credible valuation that is consistent with the investment thesis.

Acquisition

Objectify the target value, avoid overvaluations and structure a defensible offer through a market benchmark.

Tax & legal

Justify the value in intragroup transfers, document transfer prices and limit the risks of requalification.

Strategic management

Measure value creation, adjust investments/divestitures and strengthen governance through clear indicators.

Banking relationships

Support access to credit through a structured assessment and audited financial aggregates.

Business valuation methods

We use several complementary methods in order to guarantee solid and consistent results:

  • Stock market and transaction multiples:
    Compare the company to market references (listed or recent deals).
  • Yield value:
    Relies on the company's long-term earning capacity.
  • Substantial value:
    assesses the net value of the company's assets.
  • The practitioner's method:
    Combines return value and substantial value.
  • Discounted Cash Flows (DCF):
    Measures value based on expected future cash flows.
  • Actual options:
    Integrates strategic flexibility (uncertain projects, sequential decisions).

Diverse range of clients advised

Family Offices

Services dedicated to family offices for the structuring, valuation and management of their investments.

Executives/Management

Support for management teams in their MBO, LMBO projects and incentive structuring.

Family shareholders

Tailor-made solutions for family shareholders wishing to optimize the management and transmission of their assets.

Private equity funds

Expertise for investment funds in their operations of acquisition, sale and valuation of participations.

Family businesses

Specialized advice for family businesses in their issues of succession, transfer and governance.

SMES

Support for small and medium-sized businesses as well as medium-sized companies in their growth and transfer projects.
At Hectelion, we advise a wide range of clients — business leaders, family shareholders, family offices, investment funds, SMEs, and mid-cap companies — through a rigorous, human, and relationship-driven approach.
Aristide Ruot, Ph.D
Managing Director – Founder
+150

operations analyzed

+10

years of expertise

+30

clients advised

Q&A

Frequently Asked Questions

What types of evaluations do you offer?

We carry out valuations of companies, brands, patents, and complex financial instruments (convertible bond rates, participation certificates, etc.).

What is the purpose of a business valuation?

It makes it possible to determine a economic value interval realistic. Useful in case of sale, acquisition, succession, succession, litigation, litigation, fundraising, arbitration or restructuring.

How do you calculate the value of a business?

We use a combination of methods:

  • DCF (discounted cash flow);
  • Multiples of comparable transactions;
  • Multiple scholarship recipients;
  • Substantial value;
  • Practitioners' method;
  • Other methods depending on the context (dividends, etc.)
What is the difference between value and price in an evaluation?

La worthiness is a technical estimate. The prizes is the result of a negotiation. Value guides, but does not necessarily determine the final price.

What is the margin of error in an evaluation?

It depends on the available data, the hypotheses adopted and the context. That's why we work by value interval.

Can only one evaluation method be used?

No A serious assessment is based on several intersecting approaches to ensure robustness and credibility.

Can your evaluations be used as support?

Yes, they are used to:

  • Negotiation;
  • Arbitration;
  • Litigation;
  • Succession;
  • Taxation;
  • Internal valuation.