January 2017

Monthly Archives

  • Comparable company analysis: Importance of comparability

    Comparable company analysis: ¬†Importance of comparability Abstract In undertaking a valuation of a business it is common to reference other companies which are comparable. Comparable companies can be used as a valuation cross check and / or assist in developing the discount rate. The identification and selection of comparable companies is based on professional judgement […]

  • Shareholder class actions Residual Income Method

    Shareholder class actions Residual Income Method Abstract In 2016, the Supreme Court of New South Wales held that shareholders in HIH were able to prove causation by establishing that the price of shares they acquired was inflated by the misleading statements of the company. In this article, Axiom outline a valuation methodology (the Residual Income […]