Plant and Equipment Valuation Services
Plant and equipment valuation services are a particular niche in valuation practice in Australia. There are very few real estate valuers or business valuers who will attempt to perform a valuation of plant and equipment as they do not have any market evidence from which to base their valuation conclusions and therefore are working from a low knowledge base. At the same time it is apparent that the written down value of plant and equipment on the depreciation schedule of a tax return is usually not representative of the true value of the plant and equipment in a going concern business.
The need for plant and equipment valuation services is high and this is where the Business Valuer Network can assist because two of the seventeen valuers on our panel of experts are also qualified plant and equipment valuers with the ACEA and NEBB, which are the prime organisations for plant and equipment valuation services data in Australia and internationally.
Both Paul Nielsen, (east coast ) and Miles McNaughton (west coast) have extensive experience in plant and equipment valuation services and have valued mining equipmemnt, vehicle fleets, golf course infrastucture, factory infrastucture and marine equipment in the past two years, (plus many other items of plant and equipment).
Plant and equipment can be valued in a variety of methods including
Depreciated value
Fair value in an orderly disposal
sale under duress or auction
The key to valuation of plant and equipment is comparable sales data and this is where we have the biggest sales data base in Australia which assists us in providing the most accurate and relevant plant and equipment valuation services in Australia.
To enquire about plant and equipment valuation services contact support@businessvaluer.net.au.