BV818-CON Estimating Long Term Growth Rates


CE 1 | BV

This pre-recorded offering is eligible for ASA CE credit, however members must maintain a IAC Session CE Credit Form as evidence of continuing education hours completed every five (5) years, in the event submission is required (if audited). Review the form and for more information on maintaining your ASA membership and designation, log into your ASA member profile and review My Reaccreditation.  

Session Description

Terminal Value estimates used in the discounted cash flow (DCF) method often account for the largest percentage of the total indicated value and are highly influenced by growth rate expectations  Typical formulation of DCF requires an estimate of the expected organic growth rate of the subject business as it exists on the valuation date. Session will present new empirical research on organic industry-level growth rates – growth rates actually realized over the long-run with effect of acquisitions removed. In addition, we will present empirical data on how profitability changes as growth in revenues change.

Speaker Information

Roger Grabowski, FASA, Managing Director | Duff & Phelps
Ashok Abbott, Ph.D., Associate Professor of Finance | West Virginia University

After your purchase please be sure to review your transaction confirmation email and go to your "My Downloads" tab within your profile in ASA Central.

Disclaimer: The opinions expressed in this presentation are that of the presenter(s) and do not necessarily reflect the views and opinions of the American Society of Appraisers.

Questions? Contact ASA Education Team at Education@appraisers.org

System requirements for viewing downloads.

Pricing $69.00
ASA-Member $49.00
Non-Member $69.00
Available Yes
Quantity