Asset Valuation
Century provides comprehensive and guaranteed appraisal services throughout North America.
Our clients include public and private corporations, financial institutions, court appointed and privately engaged corporate advisers. These clients rely on our veteran appraisers to accurately value assets for the purposes of financing, mergers/acquisitions, insurance, and asset disposal. Valuation assignments range from machinery and equipment, consumer/industrial inventories, real estate and accounts receivables, to commonly undervalued assets such as customer lists, fixtures and leases.
Appraisals
Century provides four types of appraisals:
- Forced Sale Value (FSV) is an opinion of the estimated realizations at a properly advertised and conducted public auction sale held under forced sale conditions and under present day economic trends.
- Orderly Liquidation Value (OLV) is an opinion of the estimated realizations at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over a period of time, usually 6 to 12 months.
- Fair Market Value (FMV) is an opinion of the estimated realizations in an exchange between a willing buyer and a willing seller with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts.
- Depreciated Replacement Cost (DRC) is the current cost of reproduction or replacement, less an adjustment for physical deterioration and all relevant forms of obsolescence and optimization. DRC valuations are used primarily for financial reporting purposes to assist in purchase price allocation for specialized assets where direct market evidence is limited or absent.
The Century Guarantee
Clients rely on Century valuations. We will guarantee our Forced Sale Value appraisals with a net minimum guaranteed return, or an outright purchase.
