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Basic Valuation Concepts

Michael Harrison, a partner at KPMG, led a master class on basic valuation concepts. He emphasized the importance of valuation in investment decisions, corporate M&A, and restructuring. Key concepts included determining fair market value, the impact of interest rates and economic indicators on valuation, and the use of discounted cash flow (DCF) models. Harrison explained present value, future value, and cap rates, highlighting their significance in real estate and investment analysis. He also discussed the influence of market conditions, fiscal policies, and central bank decisions on valuation metrics. The session underscored the critical role of accurate valuation in financial decision-making and strategic planning.

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Valuation concepts, discount rates, fair market value, investment decisions, financial statements, M&A, restructuring, interest rates, present value, future value, terminal value, cap rates, economic indicators, cost of capital, asset valuation.

Mychal leads the KPMG US Turnaround and Restructuring practice where he specializes in advising borrowers, lenders, and other constituents in matters involving distressed or underperforming assets. With more than 20 years of experience in turnaround and restructuring and special situations, Mychal has been instrumental in advising clients during some of their most transformative times. He has helped clients turnaround and transform their businesses by successfully executing financial and operational restructurings, recapitalizations, divestitures of assets, make strategic acquisitions, and execute in-court and out-of-court transactions. Leveraging a broad range of engagements, Mychal has served as lead advisor for middle market and Fortune 500 companies, advising corporate boards and other key stakeholders when stakes were at their highest. With experience in healthcare/life sciences, industrials, and manufacturing, he is able to offer a broad range of solutions to meet clients’ needs. In 2022, Mychal was named by Consulting Magazine as one of its top consultants. Additionally, Mychal was honored by M&A Advisors as an Emerging Leader for Dealmakers.

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