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 firm is renowned for its expertise in advanced valuation techniques, customized valuation models, data-driven insights, and adherence to compliance and reporting standards. The firm has a solid track record in valuation advisory for listed companies, private equity, fund managers, and financial institutions. Valtech’s qualified team comprises members with PhDs, CPA (HKICPA), CFA, Chartered Valuation Surveyors of the Royal Institution of Chartered Surveyors, and valuers accredited with Business Valuation (ABV) by AICPA and CVA qualifications in Singapore. Valtech continues to expand into more markets by leveraging its valuation platform and recruiting local experts.