Wild West conditions in business life: new aspects appear in company valuation

These processes also affect corporate investments, which are very important for the national economy, which strongly influences when and how the green transition and carbon neutrality, which now aims to reduce gas dependence, will be realized. In this situation, how the evaluation of individual corporate investments and asset management changes is of particular importance. The recently established Association of Machine and Equipment Appraisers is also meant to support this process.

The importance of corporate valuation has perhaps never been as important as it is now, given that the real estate and energy sectors, which can be considered strategically important for the Hungarian economy, individually but also together, are undergoing changes that fundamentally rewrite the methods used for a long time.

“Without corporate acquisitions and investments, no economy can show a development perspective, but the valuation methodology based on these is now being significantly rewritten by current economic trends”

– emphasizes László Marcin, manager of the valuation business of the international business and tax consulting company Grant Thornton.

According to the specialist, a good example of this is energy efficiency, as an area treated with priority by both the EU and Hungary, which has never been included with such weight among the value-changing factors of an office building, a hotel or an industrial facility. It is enough to think that, in addition to the increased overhead and maintenance costs, a geothermal well or a favorable long-term gas contract, compared to the previous 5-10% correction, can actually represent the borderline between viability and bankruptcy.