Moritz Ellersiek, Director
„HKCF is leading in decision-relevant profitability and valuation analyses. We act as independent partner so you can always rely on a well-founded assessment.“
Financial modeling and valuation
- Addition or withdrawal of shareholders
- Desktop studies of potential acquisitions or divestments
- Impairment tests
- Any other requirement for a valuation appraisal
- Development/verification of underlying budget and long-term planning
- Integrated modeling of P&L, balance sheet, and cash flow statements
- Derivation of fundamental assumptions (beta/WACC, TV growth, etc.)
- Cash flow-based company valuation according to market standard
- Sensitivity analyses of key value drivers
- Validation through capital market and transaction multiples (CCA and CTA)
- Structured company valuation based on current market standards
- In-depth industry know-how (e.g. also regulatory models)
- Independent fairness opinions
- Identification of key value drivers
- Preparation of relevant negotiation aspects