How do we value private companies? Case example: Sørlandschips AS

2010

Masteroppgave i økonomi og administrasjon - Universitetet i Agder 2010 This thesis has tried to discuss and analyze how an investor should try to value a private company. In addition to special characteristics like the value of control, illiquidity discount and lack of diversification, normal valuation issues and techniques have been discussed as well. The thesis is divided in three parts. The first is a theoretical part in which one considers different valuation models, how to implement these, and the inputs required. The second is a part specifically towards the special characteristics of private company valuation, and the third is the application part of the thesis, which tries to incorp…