CBV MQE case studies
CBV MQE · Put your knowledge to work in context.
The Membership Qualification Exam (MQE) is the exam step on the path to the Chartered Business Valuator (CBV) designation, Canada's leading valuation credential, administered by CBV Institute. It sits inside the Program of Studies under the Registered Students area, alongside course exams, course exemptions, the FMI Foundations Course, and the membership application. The MQE is aimed at candidates who have completed the required coursework and are ready to demonstrate that they can analyze and opine on complex valuation issues. The source page does not enumerate MQE content domains, item counts, duration, passing score, fee, retake rules, or validity period, so those details must be confirmed directly with CBV Institute; this page does not restate unverified figures. The CBV MQE case studies are 5 cases and about 3,509 words.
1Normalizing Earnings in an Owner-Managed Distributor
You are valuing 100% of the equity of a Canadian industrial distributor as at December 31, 2024. Reported EBITDA is 1,600,000 on revenue of 18,500,000.
724 words, about 4 min2Peak-Cycle Manufacturer: DCF Versus Capitalized Cash Flow
You are valuing a specialty manufacturer at December 31, 2025. Revenue is 40,000,000 and the current EBITDA margin is 22%, which management says is the strongest year in a decade.
724 words, about 4 min3Minority Block in a Family Holding Company
You are valuing a 30% common shareholding in a private family holding company. The company's operating subsidiary generated EBITDA of 1,200,000 in the latest year, and comparable public companies trade at a median 8x EBITDA.
730 words, about 4 min4Pre-Revenue SaaS Company: Option Pool and Liquidation Preference
You are valuing the common equity of a pre-revenue SaaS company immediately before a planned Series A financing. The company has 1,500,000 of cash and is burning 120,000 per month, giving about 12.5 months of runway.
671 words, about 3 min5Asset-Based Value with Environmental Liability and Idle Capacity
You are valuing 100% of the equity of a steel fabricator at December 31, 2025. The net book value of property, plant, and equipment is 8,000,000.
660 words, about 3 min