Intelligent Asset Valuation Insights
Intelli-Val provides valuation services for the Energy Services, Construction, Transportation, and Marine sectors.
Intelli-Val appraisers will assess the assets, relying on experience, expertise, and methodology of appraisal to provide our clients an accurate, detailed and certified appraisal report. Our team of appraisers comply with USPAP and hold specific certified designations within specialized sectors of the market.
Request ValuationTypes of Appraisals
Intelli-Val offers two types of appraisals: Appraisal Reports (Inspected) & Desktop Appraisals (Non-Inspected).
Appraisal Report (Inspected)
An appraisal report is the highest level of certified appraisal and is completed using a physical site inspection gathering data and photographs.
The “Inspected” report performed by the appraiser will document manufacturer, model number, serial number, hour meter reading/odometer, and a physical condition assessment. This level of equipment appraisal can withstand the scrutiny of litigation, banking / loan requirements, and bankruptcy challenges.
Desktop Appraisals (Non-Inspected)
Desktop appraisals are the most cost effective type of appraisal which don’t require travel and those related expenses. These appraisals meet the detail requirements for most banking considerations, litigation, and tax purposes.
Desktop appraisals utilize client provided information such as manufacturer, model number, and other tangible details along with photographs. The Desktop report will traditionally note appraiser-based assumptions on physical condition of the assets and will rely heavily on the data remitted for review.
Intelli-Val's Approaches to Value
While going through the certified appraisal process, we consider three approaches to value establishment. The Cost Less Depreciation, Market Data Approach, and the Income Approach.
Cost Less Depreciation
This approach to value is conducted by determining the current cost of an asset and deducting for functional and economic obsolescence, depreciation, and physical deterioration.
Market Data Approach
The market value estimate is based upon prices being paid in actual market transactions and current listings. Recent sales are analyzed to arrive at a probable value.
Income Approach
The income approach considers future revenue streams to derive a present value.
Request ValuationIntelli-Val's Valuation Methods
Intelli-Val appraisers will assess the assets, relying on experience, expertise, and methodology of appraisal to provide our clients an accurate, detailed and certified appraisal report. Intelli-Val utilizes various Valuation methods as defined below;
Fair Market Value (FMV)
Fair Market Value Explained
Fair Market Value is the professional opinion of the most probable price of the market value of a property expressed in terms of currency. This exchange of property for currency is between a willing buyer and a willing seller with equity to both. Neither the buyer nor the seller is under any compulsion, to buy or to sell the property.
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Orderly Liquidation Value (OLV)
Orderly Liquidation Value Explained
Orderly Liquidation Value is a professional opinion of the estimated price, expressed in currency, that an asset or company could quickly be sold for, should the company go out of business.
Typically, an Orderly Liquidation Value is the value achieved at a privately negotiated sale so that the assets have an opportunity to draw adequate prospective buyers, ensuring competitive offers are considered. The sale is advertised and professionally managed by a seller. Unlike a Forced Liquidation Value, the Orderly Liquidation Value assumes that the company can afford to sell its assets in a predetermined time period (often three to six months) through private negotiation.
Each asset is sold in the most appropriate mode through the channels of sale distribution that bring in the highest price reasonably. The purchaser understands all assets are sold one by one, on a piecemeal basis, and the purchaser also acknowledges they are sold on the terms of "as is," and "where is" conditions provide that there are no warranties on the assets.
Forced Liquidation Value (FLV)
Forced Liquidation Value Explained
Forced Liquidation Value is a professionally estimated worth of the most probable price recognized by a forceful liquidation. The reason for a Forced Liquidation Value is that the seller's company is under duress and has a sense of urgency and immediacy, such as being forced to liquidate to meet a specific deadline. The price of a Forced Liquidation Value is the estimated gross dollar amount that could be characteristically realized from a properly advertised and conducted public auction in a shortened time frame.
The results of prices set by a Forced Liquidation Value take into consideration location, difficulty of removal of the item(s) being sold, condition, adaptability, specialization, marketability, overall appearance and psychological appeal.
