Machinery & Equipment

    

Accurately determine the value of machinery and equipment

When conducting an appraisal, it is not enough to simply identify an asset. Proper valuation comes from understanding the intricacies of the equipment and recognizing their functions within the business. With decades of experience, AccuVal’s experts appraise machinery and equipment across more than 100 industry segments. Appraisals are fully compliant with the Uniform Standards of Professional Appraisal Practice (USPAP). AccuVal expedites the valuation process using proprietary, state-of-the-art information management systems fully integrated with the world’s largest database of transaction and market data. The strength of this database, combined with the unparalleled field experience of our appraisal team, results in a well-documented, thoroughly supported appraisal report that can be relied upon to make business decisions.

Statement of the general condition of the assets

Machinery and equipment appraisals often include a condition statement assigned to many items being appraised. The statement of condition is based on a visual inspection only. It is impossible to judge the true condition of an asset without relying on the people most familiar with the asset and its maintenance history. Conditions statements consider the following criteria:

New: New, unused, installed or uninstalled property in excellent condition

Very good: Like new condition, only slightly used, capable of full capacity per design specifications without modifications or requiring repairs or abnormal maintenance

Good: Used property, capable of operating at or near full specified capacity, that has undergone repairs as part of regular maintenance

Average: Used property, requiring some repairs or ordinary replacement of wear parts, with the condition of the item being consistent with its actual age, assuming normal usage

Fair: Used property, operating below fully specified capacity due to age and/or application, requiring general maintenance and/or replacement of components and/or wear parts in the foreseeable future

Poor: Used property, operating below fully specified capacity due to age and/or application, requiring major rebuild and/or maintenance in the near future of its major components and/or wear parts

Scrap: Used property, salvage value only, no longer serviceable, not economically feasible to repair and/or modify, salable only for the recovery of the property's basic material content or reusable component parts

Learn About AccuVal Appraisals
What is included in the appraisal?
  • Well-supported and defensible independent opinion of value
  • Definition(s) of value serving as the basis for the valuation
  • Statement describing and explaining the purpose, scope, value definition and asset definition of the appraisal
  • Narrative of the nature of the company
  • Thorough explanation of methodology, including approach(es) to value and research techniques
  • Overview of key assumptions and limiting conditions
  • Examination of potential exit strategies (when applicable)
  • Analysis of evaluation considerations affecting the value of the assets
  • Complete descriptions of machinery and equipment and its location(s)
  • Statement of the general condition of the assets
  • Photographs (and video, when applicable) of all key assets
What factors are considered when determining value?
  • Condition
  • Functionality
  • Installation requirements
  • Market conditions and trends
  • Sales of comparable assets
  • Replacement cost(s)
  • Income-generating capacity (when applicable)
How do I get started?

The following is needed to determine how AccuVal can help:

  • List of machinery and equipment to be appraised
  • List of locations to be inspected along with the type of operations at each location
  • Total floor area (in square feet) at each location
  • Copies of past appraisals
  • Value definition(s) required

For more information or to request a proposal:

Industries

Questions? Call 800.852.9252