We provide plant and equipment valuation services in accordance with the Regulation on the Methodology for Valuation of Property (Official Gazette of Montenegro no. 64/18).
Our experts have experience in assessing various movable assets such as construction machinery, industrial equipment, office furniture, household appliances, all types of vehicles, etc. Final reports are prepared in accordance with the International Valuation Standards (IVS) and are signed by authorized plant and equipment appraisers.
We offer plant and equipment valuation services for the following purposes:
- Determining market value for buying and selling;
- Financial reporting;
- Tax purposes;
- Establishing collateral value for loan purposes;
- Pre-bankruptcy and bankruptcy proceedings;
- Legal disputes;
- Mergers and acquisitions;
- Other purposes.
The basic three approaches to plant and equipment valuation are:
- Cost approach;
- Market approach;
- Income approach.
The valuation process itself involves providing expert opinions on value and determining the value of assets based on a systematic approach, which includes the following activities:
- Physical and legal identification of the property being valued (subject of valuation);
- Identification of property rights (documentation);
- Determination of the purpose of the valuation;
- Determination of the effective date of the valuation;
- Collection and analysis of data required for the chosen approach and valuation methods;
- Selection and application of valuation methods;
- Drawing conclusions on value and preparing reports.