Valuation Guide: Insurance Broker

Industry Description According to the US Census Bureau, the insurance brokerage industry (NAICS 524210) comprises of establishments primarily engaged acting as brokers/agents in selling annuities and insurance policies underwritten by insurance carriers.  The insurance brokerage industry is a vital component of the larger insurance sector as they act as intermediaries between insurance carriers and consumers. [...]

Valuation Guide: Commercial Banks

Industry Description According to the US Census Bureau, the commercial banking industry (NAICS 522110) is comprised of establishments primarily engaged in accepting demand and other deposits and making commercial, industrial, and consumer loans.  It is a global, multi-billion dollar industry that acts as in intermediary between those with money (their depositors) and those seeking money [...]

Valuation Guide: Casinos

Industry Description According to the US Census Bureau, casino hotels (NAICS 721120) comprises establishments primarily engaged in providing short-term lodging in hotel facilities with a casino on the premises. The casino on premises includes table wagering games and may include other gambling activities, such as slot machines and sports betting. These establishments generally offer a [...]

Valuation Guide: Skilled Nursing Facility

Industry Description The skilled nursing facility industry, as defined by the U.S. Census Bureau (NAICS 623110), consists of companies primarily engaged in providing inpatient nursing and rehabilitative services. The care is generally provided for an extended period of time to individuals requiring nursing care. These establishments have a permanent core staff of registered or licensed [...]

Cannabis Valuation Guide

October 2018 The general principles of valuing enterprises apply to a cannabis company. However, the regulatory and growth attributes of the cannabis industry complicates considerably the valuation of a cannabis-related enterprise. This guide discusses unique valuation considerations for cannabis-related appraisals. Currently, there are numerous publicly-traded companies in the cannabis area. Although there is considerable money [...]