In the context of an internal restructuring, BDO Deal & Valuation Advisory has prepared a financial plan and conducted a valuation analysis to determine the fair value of the shares of the family-owned Luxembourg company
Ost-Fenster.
Created in 1971, Ost-Fenster is specialised in the manufacturing and installation of high-quality wooden windows, doors, and curtain walls. The production is carried out using traditional craftsmanship methods within a modern operational site, ensuring a continuous flow from manufacturing to the set-up of the finished product.
Following the development of a financial plan until the expected recovery of the Luxembourg construction sector, BDO determined the fair value through the application of several valuation methods weighted according to their estimated relevancy:
- the Discounted Cash Flow method, based on the sum of all cash flows expected in the future
- the Multiple valuation method, based on the price at which similar companies are exchanged on the market
- the Adjusted Net Asset Value method, based on the net assets adjusted for any unrealised gains or losses not yet reflected in the accounting records.