Cyndx Valer is an AI-driven company valuation tool that uses machine learning to analyze a company's financials and extract insights using Cyndx’s comparable discovery capability through a series of step-by-step, guided interactive pages — allowing entrepreneurs, investors, and analysts to get a more accurate picture of a company's worth using traditional methods, quickly and easily.

Valer works by leveraging our Finder AI technology to compare your own financials against your competitors in the market, and instantly returns your valuation report based on Public Comparables, VC and Discounted Cash Flow analyses.

Introduction to Valer - Video tutorial:

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Valuation Video Tutorials

Also see: Valuation Cap Table Glossary

Creating your custom valuation is a 4-step process as detailed below.

4 Steps to Get Started

Click on the link of each step or scroll down for more detailed information below.

Step 1 - Enter company information

Step 2 - Input financials

Step 3 - Set parameters

Step 4 - Select comparables

That's it! You're ready to generate your report.

Once you have completed Step 2: Input Financials, you are ready to proceed to Step 3: Set Parameters.

Step 3 - Set Parameters

Now you are ready to set your parameters to additionally customize your valuation reports.

Set your parameters for the DCF Method:
1. Amortization expense continues in perpetuity?
  Select "On" if amortization expense occurring in the final year of the projection period relates to recurring investments in intangible assets. If "On" is selected amortization expense and sustaining capitalized development costs will be assumed to occur in perpetuity. Select "Off" if amortization in the final year of the projection period relates to non-recurring acquisitions or investments in intangible assets.
2. Apply mid-year discounting convention?
  Select "On" if amortization expense occurring in the final year of the projection period relates to recurring investments in intangible assets. If "On" is selected amortization expense and sustaining capitalized development costs will be assumed to occur in perpetuity. Select "Off" if amortization in the final year of the projection period relates to non-recurring acquisitions or investments in intangible assets.
3. Estimated average useful life of PP&E
  Enter an estimate of the average useful life of property, plant, and equipment created from capital expenditures projected in the financial forecast.
4. Estimated average useful life of amortizable intangibles
  Enter an estimate of the average useful life for intangible assets created from capitalized development costs projected in the financial forecast
5. Marginal effective tax rate
  Adjusts marginal effective tax rate used in weighted average cost of capital calculation. You may override default tax rate, which is based on national average for company's home country
  
  See also: How do the DCF parameters impact my valuation?
Set your parameters for the VC Method:
1. Select funding stage
  Select the funding round of the company's next capital raise. If no capital raise is planned, select the funding round which most closely reflects the company's stage of development.
2. Will further capital raises be required to achieve financial projections?
  If the company's financial projections anticipate a need for external capital to hit level of sales and earnings modeled in the projection period, select "yes." Otherwise, select "no."
3. Estimated timing range of exit
  Set the range for timing of exit of future enterprise value used in venture capital method valuation.
  
  See also: How do the VC method parameters impact my valuation?
Set your capital structure parameters:
1. Show valuation results in terms of Implied Equity Value
  If the company has convertible debt, select "No" for "Show valuation results for Implied Equity Value" and calculate equity value in a separate waterfall analysis.
2. Enter post-money valuation as of last capital raise
3. Net Debt Calculation as of the Valuation Date
  1. Enter the principal amount of any financial debt
    Includes any debt with interest-bearing liabilities bank loans, bonds, credit card debt, mortgages, lease obligations where rent is not included in EBITDA, and SBA loans.
  2. Enter other financial & non-operating liabilities
    Includes the value of any liabilities unrelated to the business's continuing operations besides indebtedness.
  3. Enter cash and cash equivalents and other liquid investments (before any capital raise)
    This includes other liquid investments such as holdings of publicly trades shares, bonds, bills, commercial paper, certificates of deposit, and money market accounts.
  4. Equity method investments
    Enter the market value (or estimated market value) of investments in the equity in other companies that are not consolidated subsidiaries.
  5. Other financial & non-operating assets
    Enter the value of any other assets not related to the continuing operations of the underlying business.
  6. Planned capital raise amount
    Enter the amount of capital the company currently seeks to raise. If no near-term capital raise is required, set this amount to be $0.
4. Pro forma net debt / (cash)
  Outstanding debt, financial liabilities, and non-operating liabilities less cash, financial assets, and non-operating assets adjusted for planned capital raise.
5. Estimated 2022E net interest expense / (income)
  Estimated interest expense less interest income.
  
  See also: How do the capital structure parameters impact my valuation?

Once you have entered the parameters, hit "Next" at the bottom of the page to proceed to the next step.