Two elements are fundamental to achieving a sound and defensible result in company valuation work: reliable data and a consistent analysis methodology. In the company valuation projects we carry out in Turkey as ÖzbekCPA, we compare your company with its peers using market and financial data obtained from international financial data platforms, support the resulting value range with rational assumptions and an investor perspective, and present the results in a clear reporting language. In this context, professional data sources such as Capital IQ provide a strong reference point for analysing comparable company multiples, industry benchmarks, transaction examples, and market dynamics.
What is Capital IQ and Why is it Important in the Valuation Process?
Capital IQ is a professional platform that provides comprehensive financial and market data on companies, industries, and capital markets. The contribution of sources such as Capital IQ in the valuation process goes beyond providing a single data point; it stands out in areas such as creating a set of comparable companies, consistency of multiplier analysis, reliability of sector benchmarks, and supporting similar transaction examples.
Especially in processes conducted with foreign investors, the international acceptance of the data source used increases the negotiating power and comparability of the valuation output.
When Does Company Valuation Come to the Forefront?
The need for company valuation typically arises in the following processes:
- Investment acquisition and investor meetings
- Share transfers, partnership negotiations, and share valuation
- Mergers and acquisitions (M&A)
- Intra-group restructuring
- Management reporting and strategic decision-making processes
At this point, an important principle is that rather than a ‘single correct value’ approach for every company, it is essential to work with a value range, taking into account the business model, profitability quality, growth potential, risk profile, and financing structure.
ÖzbekCPA Approach: Method Selection and Establishing the Value Range
We do not limit our valuation work to a single approach. Depending on your company’s business model, sector, and data quality, we evaluate the following methods individually or in combination:
- Comparable company analysis
- Comparable transaction analysis
- Discounted cash flow
The objective is to produce a valuation output that is aligned with local realities and comparable to international standards for your company operating in Turkey.
Data Validation and Normalisation: Critical Steps in Determining Valuation
‘Data accuracy’ alone is not sufficient for items that directly affect the valuation result; the data must also be made comparable. Therefore, in ÖzbekCPA processes, we focus particularly on the following areas:
- Separation of one-off income/expenses (normalisation)
- Analysis of sustainable profitability
- Working capital dynamics (collection/payment cycle, inventory structure, etc.)
- Debt structure and financing costs
- Consistency of operating profitability and growth assumptions
This approach ensures that the valuation report is both ‘readable’ and ‘defensible’ by both the management team and potential investors.
How is the Valuation Report Presented?
The valuation reports we prepare are presented with a clear structure, including the data sets used, assumptions, method selection, and the logic behind the results. Depending on the need, the level of detail in the report can be tailored to suit investor presentations, negotiation processes, or internal reporting purposes.
If your company has a valuation need, we can clarify the scope of work by conducting a brief preliminary meeting to assess your objective (investment, transfer, restructuring, etc.) and the status of the available data. For a customised analysis and roadmap tailored to your situation, you can contact the ÖzbekCPA team at contact.
