Valuation Buy & Sell Discipline

The final step in Allard Partners' investment process is the application of a discounted cash flow (DCF) valuation as our principal guide in identifying undervalued companies.

We currently value and monitor approximately 150 companies.

As we are long term investors, our DCF valuations typically involve long range forecasts (5-10 years).  These are “stress tested” under various scenarios in which key forecast variables such as revenues, costs, interest rates and currencies are adjusted.  This allows us to determine the probable range of valuations for each company and to better understand its tolerances and sensitivities.