Valtech Valuation Completes Valuation on Solenoid Coils and Printer Circuit Board Assembly (PCBA) business

Our valuation team at Valtech has recently taken on a challenging and rewarding project: valuing a company with subsidiaries involved in the Solenoid Coils and Printed Circuit Board Assembly (PCBA) sector. This was considered a major transaction for our client, who had to comply with the listing rules of the Stock Exchange of Hong Kong (HKEx). Our team worked diligently to assess the feasibility and fairness of this transaction.

We adopted market approach to compare the EV/EBITDA multiples of our client with those of similar listed companies in the solenoid coils and PCBA sector around the world. During the process, we adopted a further quantitative benchmark for selecting comparable companies taking into account factors including but not limited to, whether and how these comparable companies are mainly engaged in the principal business of our client.

Moreover, we have applied price to earnings multiple for cross-checking purposes. This helped us to verify the reasonableness of the consideration in this transaction. We also normalized the management accounts of our client to ensure that the normalized financial figure can better reflect the long-term sustainable financial position.

We were delighted and proud that our professional work was recognized and accepted by the HKEx.

About Valtech Valuation

Valtech Valuation is a professional valuation firm accredited with ISO-9001 in valuation advisory services. The financial market and valuation requirements are highly dynamic. We are determined to develop and maintain a quality management system to foster an environment which is sustainable and evolving continuously. Our founders stress on development of a system and workflows that our consultants are provided with necessary support and opportunities to thrive.