Discounts

Characteristics of the specific valued interest often necessitate discounts to the value of an ownership interest to account for lack of control or lack of marketability. For example, when valuing a non-controlling interest in an entity it may be necessary to consider discounts for lack of control. This is also commonly known as a minority interest discount. Further, when valuing an interest in a privately held entity, it may be necessary to consider a discount for lack of marketability. WVA utilizes proprietary studies and professional judgement to quantify the appropriate level discounts for both lack of control and lack of marketability.