APPRAISAL AND VALUATION SERVICES
ACCURATE VALUATIONS BY TRUSTED PROFESSIONALS
HYPERAMS provides accurate, confidential, and competitively-priced inventory and machinery and equipment valuations and appraisals conducted within the guidelines of the Uniform Standards of Professional Appraisal Practice. HYPERAMS’ appraisals and valuations are customizable based on the needs of the client; we specialize in appraising hard-to-value, complex assets, and can provide gross and net values based on a variety of scenarios, including:
► Forced Liquidation Sale;
► Orderly Liquidation Sale;
► Fair Market Value - Installed; and
► Fair Market Value - Removed.
HYPERAMS’ Asset Disposition Services Division conducts live, webcast, and online auctions of machinery and equipment, as well as retail liquidation projects. HYPERAMS also offers inventory management and maximization solutions to retail clients. These services provide HYPERAMS’ appraisal team with a direct understanding of the dynamic economic and market factors that can influence an appraisal’s recovery values, allowing for project managers to more accurately gauge the results that may be achieved in a liquidation.
HYPERAMS has experience valuing assets in almost all industry verticals, from machinery to consumer products.
Metals and Metalworking
Construction Equipment and Inventory
Technology and Consumer Electronics
Landscaping, Nurseries and Agricultural Inventory and Equipment
Healthcare, Medical Devices and Equipment
Automotive and Rolling Stock
Building and Home Improvement
Facility Support Equipment
Oil/Gas and Green Technology
Food, Food Processing, and Restaurants
The HYPERAMS Appraisal Process
The HYPERAMS appraisal process is designed with clients and companies in mind by quickly and efficiently maximizing our understanding of the company and its assets while minimizing operational interruptions. The appraisal process typically includes initial data collection, the scope of which is largely dependent on the appraisal type and industry; a field visit to production or warehouse facilities and retail stores (if applicable); discussions with management regarding data and trends (for inventory appraisals); data analysis and comprehensive report generation; and post-report issuance and discussions:
► HYPERAMS first discusses with the client and company the scope of the appraisal, identifies the assets to be appraised, and determines the value definition(s) to be used.
► Once the appraisal parameters are determined, HYPERAMS appraisers will either physically inspect and photograph the assets, or obtain detailed information regarding the assets from the company. Ideally, all data received will be in an MS Excel File. For M&E appraisals, HYPERAMS appraisers will also discuss with management qualitative factors that may impact value, such as maintenance practices, upgrades and rebuilds, how the assets are used and where they are stored, as well as any transfers or dispositions of similar equipment. For inventory appraisals, management interviews are conducted during or after the field visit. These interviews are an important tool for understanding the company, its products and processes, accounting practices, and current business status. It also gives management an opportunity to explain sales, gross margin, and inventory trends illustrated in the data, as well as to note key company initiatives or business developments that may impact business trends in the future.
► HYPERAMS will analyze both the quantitative and qualitative company-provided data in developing its final report. HYPERAMS’ valuation is dependent on the quality and detail of the information received, discussions with management, industry trends and factors, as well as its liquidation and auction experience. For net recovery values, HYPERAMS will also calculate the costs and expenses associated with running a sale.
► After HYPERAMS issues the report to the client, the project manager and client relationship manager will avail themselves to any questions regarding the report or key inventory factors that influenced the valuation that the lender or the company may have.
Download Our Appraisal Process Guide for more information.
Machinery & Equipment and Inventory assets are appraised based on the following value definitions, as described by the American Society of Appraisers:
Forced Liquidation Value (FLV): An opinion of the gross amount, expressed in terms of money, that typically could be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an "as-is, where-is" basis, as of a specific date.
Orderly Liquidation Value (OLV): An opinion of the gross amount, expressed in terms of money, that typically could be realized from a liquidation sale, given a reasonable period of time to find a purchaser (or purchasers), with the seller being compelled to sell on an "as-is, where-is basis," as of a specific date.
Fair Market Value - Removed (FMV-R): An opinion, expressed in terms of money, at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts, considering removal of the property to another location, as of a specific date.
Fair Market Value - Installed (FMV-I): An opinion, expressed in terms of money, at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts, considering market conditions for the asset being valued, independent of earnings generated by the business in which the property is or will be installed, as of a specific date.
Decades of Experience Valuing Complex Inventory and Machinery & Equipment
HYPERAMS’ appraisal division has experience valuing inventory and machinery and equipment in almost every industry vertical from construction and metal fabrication machinery to food and beverage equipment and consumer products. Whether you need to know the value of a single piece of equipment or the total value of a company asset listing, HYPERAMS’ well-honed appraisal methodology takes into account a variety of external and internal factors, liquidation experience, and a comprehensive understanding of the company and its assets.
Prioritizing Client Relationships
►HYPERAMS offers its appraisal clients all of the expert, quality services they’d expect from a larger firm, with the flexibility, responsiveness, and attention-to-detail of a smaller one. HYPERAMS takes a boutique approach to the appraisal business. Senior management will be involved in the entire process. We will work with you to understand your need and find the appropriate solution.
►Clients include local, regional, and national financial institutions and private equity firms; restructuring/turnaround professionals; and business owners.
►Our firm provides appraisal reports to top industry companies including: BMO Harris Bank, The PrivateBank, Bibby Financial Services, North Mill Capital, MB Financial Bank, CapX Partners, and Associated Bank.
Director of Appraisal Services
Managing Director of Valuations, Business Development