What a company or a stake is realistically worth — for a sale, a partner, an investor, an inheritance or a dispute
A business valuation tells you what a company or a stake in it is realistically worth, and why. We value Spanish businesses and shares in SLs for a sale, a partner joining or leaving, an investor coming in, an inheritance or divorce, or a dispute. The result is a written report, usually 40–50 pages, with the methods, assumptions and a value range you can defend in negotiations. It is an independent view for the parties involved, not an official tasación or a court expert report.
Owners usually have a figure in mind, buyers and partners have another, and the gap is filled with arguments rather than facts.
A valuation replaces “I think it is worth” with a calculation: what profit the business really produces, how stable it is, what similar companies sell for and what risks the other side will price in.
The value depends on the purpose.
A buyer pays for future cash flow, a partner leaving wants a fair share of what has been built, and in an inheritance or divorce the parties need a figure both can accept.
That is why we start with the purpose and choose the methods to fit it.
What a valuation answers
We choose the methods to suit the purpose and the business, and usually cross-check one against another. The main families are:
Who does the valuation
Founder and CEO of Finetic Consulting
Over 30 years of executive experience in corporate finance and operations at major corporations and banks with annual revenues exceeding $1 billion: financial management, strategic planning, risk management and corporate restructuring.
The scope and the price depend on the purpose, the size of the business and the documents available. We quote them after the introductory call.
| Purpose | What the valuation focuses on |
|---|---|
| Selling the business or a stake | what a buyer will pay: normalised profit, multiples of comparable deals, the risks a buyer will price in |
| A partner joining or leaving | a fair value of the stake under the articles and the shareholders’ agreement, and how to pay it out |
| An investor coming in | pre-money value, the stake for the investment and how it fits the financial model |
| Inheritance or divorce | a figure both parties can accept, with transparent assumptions |
| A dispute between partners | an independent calculation as the basis for negotiation |
If a court, notary or the tax authority requires an official valuation, you will need a certified valuer or a court-appointed expert; our report can serve as the basis for your position.
We came to Finetic Consulting for a business plan and financial model for our project IMSKIPPER.NET. We liked how quickly Vladislav prepares documents and how deeply he works them through. It is comfortable to work together: every question can be discussed at online meetings while the work is in progress.Georgy Im, owner of IMSKIPPER · Translated from Russian.
15–30 minutes: what is being valued, why and which documents are available. We quote the price after the call.
It depends on the profit the business really produces, how stable it is, the risks and what similar companies sell for. A valuation turns these into a value range with the reasoning behind it; a single rule of thumb, such as one multiple, is rarely enough.
There is no single best method. For a profitable business, discounted cash flow and multiples of comparable deals are the usual pair; for an asset-heavy or loss-making company, net assets matter more. We choose by purpose and cross-check the results.
Yes. For a stake we also take into account control or the lack of it and the rights set out in the articles and the shareholders’ agreement, which can make a minority stake worth less than its share of the whole.
No. It is an independent valuation for the parties involved — owners, partners, buyers or investors. If a court, notary or the tax authority requires an official valuation, you need a certified valuer or a court-appointed expert.
Usually the accounts for the last 2–3 years, the current year’s figures, the articles and shareholders’ agreement, key contracts and, if available, a business plan or financial model. We send a list after the introductory call.
