PwC Valuation Methodology

The tenth edition of our biennial Valuation Methodology Survey, now available as a mobile app. Our survey continues to focus on the technical inputs required to perform valuations and provides valuable insights from our subject matter experts as they contribute to the collective data available to valuation practitioners in Africa. This new tech-enabled delivery of the survey demonstrates our commitment to digital transformation, and we trust that the survey will continue to be of benefit to readers and contribute to the development of valuation practices across Africa, and globally. Subject areas include the Income Approach, Market Approach and Discounts and Premiums. Explore market insights ranging from risk-free rates, equity market risk premiums, small stock premiums, minority discounts, marketability discounts, control premiums and more. The app displays the results of the survey as interactive graphs and includes commentary provided by PwC. Features include: · News feed: Highlighting the latest PwC news and insights from our local and global experts. · Offline reference: Our in-app bookmarking and read later features allow you to tailor content and read it offline on your mobile device. · Search functionality for optimised and faster results: This feature allows you to quickly find what you are looking for. · Social integration: Register and login using single sign-on from your existing social media accounts. Sneak peek: Did you know that the market risk premium is the single most debated input in a cost of capital calculation? We asked survey respondent what range of equity market risk premiums they applied when using the capital asset pricing model (CAPM) and the results are in. The market risk premium ranges from 4% to 15%, with the average used in South Africa ranging between 5.3% and 7.2%. Interestingly, a wider range was used by respondents than observed previously. To discover more insights like the above, download the PwC Valuation Methodology Survey app.