Business Valuation
Defensible business valuations backed by rigorous DCF analysis and an integrated three-statement model. Know what your business is worth, and see the assumptions behind the number.
Get a QuoteWhat is your business really worth?
The discounted cash flow (DCF) method is widely regarded as the most rigorous approach to business valuation. It projects your future cash flows and discounts them back to today's dollars, giving you a present value that reflects the time value of money and the risk of your specific business.
The cash flows behind the valuation come from an integrated model rather than a standalone spreadsheet: profit and loss, balance sheet and cash flow linked together, with working capital, debt and tax schedules feeding the forecast. That structure is what makes the valuation reconcilable, and it is built as a 3-way, or three-statement, financial model.
We build DCF models tailored to Australian SMEs, incorporating local tax considerations, industry-specific discount rates, and realistic growth assumptions. Every model includes sensitivity analysis so you can see how changes in key assumptions affect the valuation - not just a single number, but a range.
Whether you are preparing for an exit, raising capital, or simply want to understand your business value drivers, a well-structured DCF model gives you the clarity and confidence to make informed decisions.
What our valuation work gives you
Evidence-Based Valuation
Build a DCF model grounded in your actual financials, growth trajectory, and industry benchmarks - not generic rules of thumb or arbitrary multiples.
Understand What Drives Value
See exactly which assumptions - revenue growth, margins, discount rate, terminal value - have the biggest impact on your valuation.
Prepare for Exit or Investment
A well-built DCF model demonstrates financial rigour to potential buyers, investors, or lenders. It shows you understand your business value drivers.
Compare Valuation Methods
We can pair your DCF with market multiples, asset-based valuations, and recent transaction data so you see the full picture, not just one number.
A Range, Not a Single Number
Sensitivity analysis shows how value moves with growth, margin and discount rate assumptions, so you can defend a range and explain which driver matters most.
Built for Its Purpose
A valuation for an exit, a capital raise, a CGT event, a shareholder dispute or a lending decision each needs different evidence. The approach is matched to how the number will be used.
Common use cases
- Business owners preparing for sale or succession who need a defensible valuation
- Founders raising capital who need to justify their pre-money valuation to investors
- Companies raising capital - banks, investors, and boards expect integrated P&L, balance sheet, and cash flow forecasts
- Advisors preparing independent expert reports for shareholder disputes or buyouts
- Acquirers evaluating a target business with a structured discounted cash flow model
- Companies assessing the value of a major project, acquisition, or capital investment
- Growing businesses that need board-ready reporting with internally consistent financial statements
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Business Valuation Methods: A Complete Guide for Australian Business Owners
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Frequently asked questions
What is a business valuation?
A business valuation estimates the economic value of a business using methods such as discounted cash flow (DCF) analysis and market multiples. For Australian SMEs, the appropriate method depends on the purpose: capital raising, exit planning, CGT, or dispute resolution each call for a different approach.
How is a DCF valuation calculated?
A DCF valuation forecasts the business's free cash flows, discounts them at an appropriate rate, and adds a terminal value for the period beyond the forecast. Because the discount rate and growth assumptions drive most of the result, sensitivity analysis is essential to show how value changes with each assumption.
What is the difference between DCF and market multiples?
DCF values a business on its own projected cash flows, while market multiples benchmark against comparable transactions or listed companies. DCF is more defensible for SMEs with idiosyncratic cash flows; multiples provide a quick cross-check against what the market is paying.
When does an Australian SME need a formal business valuation?
Common triggers include capital raising, selling or buying a business, CGT and estate planning, shareholder disputes, and lending against business equity. Each purpose carries different standards of evidence, so the valuation should be built to match its intended use.
Why use an integrated three-way model for valuation?
An integrated three-way model links the P&L, balance sheet, and cash flow so that working capital, debt, and tax assumptions flow through consistently. This produces a cash flow forecast that actually reconciles, which is what makes the resulting valuation defensible.
Need a business valuation?
Tell us how the valuation will be used and we will scope the approach, the evidence it needs and the model behind it.
Get a Quote