Template-Type: ReDIF-Paper 1.0 Author-Name: Ronald Jean Degen Author-Email: degen@lomasnegras.com Author-Workplace-Name: International School of Management Paris Title: Valuing distressed privately held companies in Brazil that export to Europe and the US: The case of a furniture manufacturing company Abstract: This paper explains the valuing of distressed privately held companies in Brazil based on the acquisition process of a furniture manufacturing company that exports 90 percent of its furniture to Europe and the US. The three valuation approaches--discounted cash-flow valuation, relative valuation and contingent claims valuation--are described, as are the shortcomings of each approach in the valuation of distressed privately held companies. The discounted cash-flow approach is detailed for the valuation of a distressed privately held company in Brazil that exports to Europe and the US. Creation-Date: 2009-10-27 File-URL: https://globadvantage.ipleiria.pt/files/2009/10/working_paper-48_globadvantage.pdf File-Format: application/pdf Number: 48 Classification-JEL: M0, M1, M2 Keywords: valuing distressed companies, valuing privately held companies, valuing companies in Brazil that export to Europe and the US, determining the average cost of capital, determining the weighted cost of capital for companies in Brazil that export to Europe and the US Handle: RePEc:pil:wpaper:48