Corpfin.Net, Inc., a provider of web-based, easy-to-use business financial forecasting, valuation and analysis software, announces the availability of an additional corporate finance application; and the expansion of its free trial offer to include its Public Company Analysis Model:
The company's newly released Private Equity Placement Model is used to estimate the reasonable "pricing" of private placements of equity securities, including subordinated debt with equity warrants. The model estimates the value of the issuing company immediately before and after the equity financing; and the reasonable percent of total ownership attributable to existing owners and new investors as a result of the financing. The model is appropriate for use by both issuers of and investors in private equity placements.
Corpfin.Net's revised free trial offer provides for 14 days free use of both its five-year financial forecast software, and its Public Company Analysis Model. The public companies model estimates the intrinsic value per share of the common stock of selected public companies, using fundamental valuation principles such as estimated future cash flows, EBITDA and capital structure. Public companies available for analysis (Corpfin.Net provides the historical data) include Dell Computer, Enron, General Electric, Intel, Oracle, Pfizer and Sun Microsystems.
Corpfin.Net software eliminates most of the accounting and programming drudgery associated with business financial planning and analysis. All processes are accomplished by recording reasonable, pretty much non-technical assumptions about the future. For example, after a user (e.g., company owner or manager; potential acquirer of the business; bank lender; etc.) enters a company's historical income statement and balance sheet data, the software automatically generates a first draft of a comprehensive five-year forecast for the company. The user may then make forecast revisions, instantaneously, by changing the first draft assumptions (e.g., percent change in year-to-year sales, gross margin percent, etc.) and saving the revised assumption set. The completed multi-year financial forecast, plus a few additional assumptions, are all that is necessary to create a first draft of either a comprehensive Leverage Buy Out (LBO) valuation of the company; or the estimated pricing of a private equity placement.
Corpfin.Net software allows users to exchange versions of models with each other on the site's secure server. Exchanges include interactive and read-only (PDF) versions. The ease of exchange and the use of an identical, interactive forecast platform allow discussions and negotiations between users (e.g., a business and its bank) to be focused immediately on important business issues rather than on a time-consuming reconciliation of incompatible (expertise and content) financial models.
Corpfin.Net software is usable by both existing businesses and new business startups. Current models for existing businesses include:
Five-year financial forecasts and analyses by year.
LBO valuation of the users' businesses or acquisition candidates.
Public company analysis model. Corpfin.Net provides the historical financial data of the public companies.
Private equity placement model.
Corpfin.Net's application for new business startups allows users (by selecting the four digit Standard Industrial Classification (SIC) code of the startup business) to create five-year financial forecasts for their startup businesses using extracts of Robert Morris Associates (RMA) industry statistics.