Principal, Valuation Services Group BerryDunn Portland, ME, United States
Valuation professionals apply several different methods when appraising ESOP companies. One method that is often used, the Guideline Public Company (GPC) method, utilizes multiples observed in the public stock markets and applies them to the subject ESOP company, often with a significant adjustment. This session explores the GPC method and its application and considers its propriety in valuing ESOP companies.
Learning Objectives:
Understand the Guideline Public Company (GPC) method and its application to ESOP companies
Learn the primary differences between publicly traded companies and private ESOP companies
Discern the propriety of using the GPC method for determining the value of an ESOP company