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Asset inspection is a fundamental step in appraisals and asset management and can significantly affect the quality and results of services. The details and analysis of asset identification together with the scope and representativeness will define the precision level and acceptance of the project by investors and market. The professionals’ qualifications will define what relevant information should be included in the appraisal. Minimize risks and hire qualified and certified companies and professionals because “personal inspections” are different from “Professional Inspections“. Mynarski member of ASA, IVS, RICS…Read more

Data are observations that have been converted into digital form and stored, transmitted and processed and knowledge of which can be downloaded. Data acquires value as it informs economic decisions associated with other intangibles (example: customer purchasing frequency) and its value is marginal to the value of the intangible that is associated. Data has risks, such as: leaks, legal restrictions, private data, etc… . The general accounting principle does not allow capitalizing on internally generated intangibles, which is why the data values do not appear in the balance sheets. Income appraisal is the most appropriate method for evaluating data….Read more

The origin of the word synergy is grega (Synergos) and means “working together”. Synergies represent potential or expectations and do not exist on balance sheets. In M&A, synergies appear as forces of attraction for businesses and can be classified into the following three major categories: revenue synergies, cost synergies and balance sheet synergies. Quantifying synergies depends on analyzing different scenarios, risks and levels of investor aspiration and appraisers with more experience are more precise in these estimates. Another important aspect in this valuation is defining how synergies are divided between the seller and the buyer. Research by the Boston Consulting…Read more

Most companies do not know all the intangible assets they have, much less the values of these intangibles. Global research suggests that only 20% of intangibles are declared on balance sheets and the continuity of companies’ operations is the responsibility of these intangibles. The first question is: What intangibles do companies have? brand? logo? customer list? videos? contracts? licenses? agreements? exploration rights? patents? formulas? technical collection? etc… . Identifying intangibles requires knowledge, transparency, consistency, experience and reliability. The second question is: How much are these intangibles worth? The contribution of intangibles is not only to immediate revenues, but also to…Read more

Can the market value be different from the sales value? This depends on the ability to convert the asset into cash without significant loss of value. What factors affect sales execution? The factors that affect the execution of the sale are called “Liquidity Discount” and can be listed as follows: • Market impact: represents the effect of other offers in the market during negotiation; • Amplitude of purchase and sale offers: affect values with possible discounts; • Delays in negotiations and lost business: affect sales opportunities; • Need to sell: affects the value of the negotiation; • Percentage of the…Read more

We are pleased to share with you our latest report. Mynarski is a sponsor of the American Society of Appraisers International Conference in New Orleans, October 1-3. Again it will be a great opportunity to exchange experiences with the main apraisers and maintain the excellence of our services. Wait for up to date publications on global valuations. Mynarski always ahead of its time….Read more

Mynarski is a member of the IVSC – International Valuation Standard Council and effectively contributes to the international standardization of valuations. The IVSC annual meeting brings together organizations from different countries and defines the guidelines for the global standardization of valuations, ensuring safe investments around the globe. Mynarski contributes to promoting transparency and trust….Read more

The industrial era needed to develop techniques and processes to exploit natural resources and process them in factories. It turns out that natural resources are limited or need time to recover and the exploitation of some of these resources may have exceeded the renewal / regeneration limit. The ecological era is aware of the limits of this exploration and allows the extraction of natural resources, considering the limits of regeneration, conservation, protection and rejuvenation of the environment that sustains our lives. Mynarski knows how to consider these factors in its valuations of companies and assets….Read more

CAPEX (investments in capital goods) is defined according to the company’s needs to maintain or expand its operations and asset valuations define extremely important information for this investment: • Analyzes of the “useful lives” of assets define the best term for these investments; • The values define the “financial volume” necessary for the investments. Asset management organizes investments in the company’s accounting and tax structures to obtain the best financial returns and optimizes the management of these assets. The Mynarski Improving Companies…Read more

Commercial point is the place where commerce is established and its value is related to factors such as: visibility, access, flow of people, security, among others. The valuation of this asset is carried out through the comparative method of market data, when similar commercial points are researched and the values are adjusted through inferential statistics. Mynarski appraisers master this process….Read more