Company valuation of start-ups. A critical examination of the applicability of selected evaluation methods (PDF)

Bachelor Thesis from the year 2018 in the subject Business economics - Company formation, Business Plans, grade: 1,7, University of Applied Sciences Aschaffenburg, language: English, abstract: In this bachelor thesis it is to be examined to what extent the traditional valuation methods are also suitable for the company valuation of start-up companies. The aim is to work out where the possible strengths and weaknesses of the evaluation methods in relation to start-ups that are used in established companies lie.

At the beginning, the characteristics of a start-up company are characterized. Subsequently, general principles of a company valuation are to be explained. Here, a brief reference is also made to the most important value determinants. This section concludes with the requirements for assessment procedures for start-up companies. The suitability of the selected evaluation methods for a start-up evaluation should then be checked.

Individual, common assessment procedures are then discussed in more detail and a distinction is made between overall assessment procedures, individual assessment procedures, mixed procedures and situation-related procedures. After the subsequent example evaluation, the corresponding conclusions from the illustrated applicability of evaluation methods for start-ups are shown in the conclusion.