Table 41 Reconciliation of Indicated Equity Values ‐ (5.45% Interest) 5.7.1 Value Conclusion The valuator decided to give equal weight to the Direct Market Data Method (DMDM) and the Single Period Capitalization Method. The figures were very similar and the valuator was comfortable with the amount of DMDM transactions that were available, the low dispersion found among the multiples and the number of transactions in the southeastern portion of the United States. VALUATION METHODOLOGY Indicated Equity Value (Table 40) Valuator Weighting by Method Weighted Portion of Equity Value Market Approach Direct Market Data Method 50% 149,500 $ Income Approach Single Period Capitalization Method 50% 145,500 $ Asset Based Approach Adjusted Book Value Method 0% ‐ $ Adjusted Book Value Plus the Excess Earnings Method for Intangible Assets 0% ‐ $
