CVA case studies

CVA · Put your knowledge to work in context.

The Certified Valuation Analyst (CVA) is a professional credential offered by the National Association of Certified Valuators and Analysts (NACVA). NACVA describes the CVA as one of only two valuation and financial forensic credentials accredited by the National Commission for Certifying Agencies (NCCA), the accreditation body of the Institute for Credentialing Excellence (ICE); the CVA is also accredited by the ANSI National Accreditation Board (ANAB). The CVA case studies are 5 cases and about 4,116 words.

Buy-Sell Valuation of a Concentrated-Revenue Molder: Normalizations and Discount Discipline

Meridian Plastics is a custom injection molder with revenue of 21.5 million and reported EBITDA of 2.58 million in the most recent year. The founder, age 68, is retiring, and the shareholders' agreement requires a buy-sell at fair market value for his 100% interest.

817 words, about 4 min 2

Contractor Equity Bridge: An Unrecorded Contract Loss and Working Capital Deficiency

Ridgeway Mechanical is an HVAC and plumbing contractor with 46 million in revenue and reported EBITDA of 3.9 million. The two owner-brothers have an unsolicited offer for 100% of the stock and have asked for an independent valuation.

767 words, about 4 min 3

Bank Deposits Reconstruction in a Cash-Intensive Dental Practice

An office manager resigned from a four-dentist practice, and the owners engaged a forensic accountant after noticing that cash receipts seemed low. The practice management system reports collections of 2,382,000 for the fiscal year.

831 words, about 4 min 4

ESOP Feasibility: Testing Price Against Debt Service Coverage

Harlan Supply is an S corporation industrial distributor with revenue of 28.0 million and EBITDA of 2.80 million. The owner, age 61, has no family successor and proposes to sell 100% of his stock to a newly formed ESOP for 14.0 million.

785 words, about 4 min 5

Non-Solicitation Damages: Attrition Benchmarks and Mitigation Offsets

Concord Wealth Partners terminated advisor Diane Ruiz, and she immediately joined a competitor with 85 million of client assets, in breach of a two-year non-solicitation covenant. Concord's damages expert projects five years of lost revenue at 1.20% of 85 million, or 1,020,000 per year, with no cost offset and no attrition, discounted at 6%.

916 words, about 5 min