IG Group Holdings Valuation

Undetailed Valuation: London based international investment broker company, 92% of ownership holded by institutions. I did not make comparable companies analysis/ratio’s valuation because of the structure of the company.

on this valuation I did not cover all details due to lack of time because of my studies:  Instead of using reinvestments and roe, I used growth years of past years for future growth rate assumption. I used exit multiplies method for finding terminal value, and I assumed that amortization and reinvestment have the constant growth rate as the average growth rates of past years, in more comprehensive valuations, percentages of amortizations and reinvestments regarding sales should be used.