{"id":129,"date":"2025-05-21T22:26:00","date_gmt":"2025-05-21T22:26:00","guid":{"rendered":"https:\/\/brasilnoticiasweb.com.br\/menu\/?p=129"},"modified":"2025-05-21T17:07:25","modified_gmt":"2025-05-21T17:07:25","slug":"avaliacao-de-uma-empresa-como-proceder","status":"publish","type":"post","link":"https:\/\/brasilnoticiasweb.com.br\/menu\/avaliacao-de-uma-empresa-como-proceder\/","title":{"rendered":"Avalia\u00e7\u00e3o de uma empresa: como proceder"},"content":{"rendered":"<p>Uma empresa n\u00e3o possui uma vida \u00fatil predeterminada e tamb\u00e9m n\u00e3o \u00e9 poss\u00edvel dizer que uma entidade poder\u00e1 existir para sempre, embora existam algumas empresas mundo afora com mais de um s\u00e9culo de vida. Entretanto, n\u00e3o \u00e9 uma tarefa f\u00e1cil projetar fluxos de caixa para cem anos ou algum futuro distante. Muitos acreditam que o valor terminal corresponde o res\u00edduo do valor de uma empresa, como se fosse o valor final de uma m\u00e1quina ap\u00f3s descontar valores de deprecia\u00e7\u00e3o. Fica claro que, em ambos os m\u00e9todos, n\u00e3o h\u00e1 qualquer influ\u00eancia dos ativos intang\u00edveis, que englobam as marcas, clientes, parceiros e fornecedores comerciais exclusivos.<\/p>\n<h2>Quais s\u00e3o os principais m\u00e9todos de avalia\u00e7\u00e3o de empresas?<\/h2>\n<p><a href=\"https:\/\/grupoinvestor.com.br\/\"><img decoding=\"async\" class='aligncenter' style='display: block;margin-left:auto;margin-right:auto;' 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\" width=\"305px\" alt=\"O que \u00e9 necess\u00e1rio para avaliar uma empresa?\"\/><\/a><\/p>\n<p>Uma vez que todos os dados foram coletados e os m\u00e9todos aplicados, o avaliador deve consolidar as informa\u00e7\u00f5es em um relat\u00f3rio completo e preciso para apresentar os resultados finais da avalia\u00e7\u00e3o de empresa. Para cada tipo diferente de abordagem de avalia\u00e7\u00e3o de empresas, h\u00e1 puristas que exigem o uso imut\u00e1vel de seus m\u00e9todos preferidos. O ideal, ent\u00e3o, \u00e9 unir bom senso, pragmatismo e flexibilidade para adaptar as regras de acordo com as demandas da an\u00e1lise, sem alter\u00e1-las, mas buscando encontrar o melhor e mais claro resultado. Para calcular o valor de uma empresa, diversos&nbsp;m\u00e9todos de avalia\u00e7\u00e3o&nbsp;podem ser escolhidos. Entenda como a t\u00e9cnica de valuation \u00e9 essencial para investidores e empres\u00e1rios ao estimar o valor justo de empresas, influenciando decis\u00f5es estrat\u00e9gicas e oportunidades de investimento.<\/p>\n<p>A avalia\u00e7\u00e3o relativa parte da ideia de que o valor justo de mercado da empresa X pode ser determinado observando os m\u00faltiplos de outras companhias semelhantes negociadas recentemente no mercado. Parte-se ent\u00e3o a uma compara\u00e7\u00e3o entre esses m\u00faltiplos, que podem ser obtidos a partir dos indicadores como lucro, por exemplo. O valuation deve ser visto, portanto, mais como um investimento no seu neg\u00f3cio, do que uma mera despesa. Isto porque o retorno que voc\u00ea obter\u00e1 a partir dele vir\u00e1 na forma de conhecimento e este pode ser determinante para o futuro da sua empresa e o da sua fam\u00edlia. O valor patrimonial l\u00edquido \u00e9 calculado subtraindo os passivos do valor dos ativos da empresa. Essa abordagem \u00e9 mais apropriada para empresas com ativos tang\u00edveis, como im\u00f3veis ou equipamentos.<\/p>\n<h3>Valuation de Empresas no Brasil<\/h3>\n<p>Caso contr\u00e1rio, muito provavelmente, esse <a href=\"https:\/\/grupoinvestor.com.br\/\">Ativo Imobilizado<\/a> neg\u00f3cio ficaria estagnado sem jamais alcan\u00e7ar o valor de mercado al\u00e9m do que j\u00e1 possui. Ao se proceder a uma avalia\u00e7\u00e3o, o que voc\u00ea est\u00e1 buscando geralmente determinar \u00e9 o valor da empresa. Sem d\u00favida que se esta empresa \u00e9 detentora dos direitos sobre marcas de renome, estas integrar\u00e3o o patrim\u00f4nio avaliado. Como se pode notar, a infla\u00e7\u00e3o afeta drasticamente o mercado e deve ter seus efeitos considerados na avalia\u00e7\u00e3o de uma empresa.<\/p>\n<p>Caso esteja utilizando m\u00faltiplos de mercado, identifique a m\u00e9dia dos m\u00faltiplos das empresas compar\u00e1veis. Com base nas caracter\u00edsticas da empresa e do setor, escolha o m\u00e9todo de avalia\u00e7\u00e3o mais adequado. Pode ser o m\u00e9todo de Fluxo de Caixa Descontado (DCF), m\u00faltiplos de mercado, valor patrimonial l\u00edquido (VPL) ou transa\u00e7\u00f5es compar\u00e1veis. Neste artigo, discutimos o conceito de avalia\u00e7\u00e3o de empresa e sua import\u00e2ncia no mercado.<\/p>\n<p>Adquirir uma empresa \u00e9 uma decis\u00e3o estrat\u00e9gica crucial para o crescimento e expans\u00e3o de um neg\u00f3cio. Ao avaliar uma empresa para aquisi\u00e7\u00e3o, \u00e9 fundamental considerar diversos fatores-chave para garantir uma transa\u00e7\u00e3o bem-sucedida. Lembre-se sempre de que a avalia\u00e7\u00e3o regular de uma empresa pode ajud\u00e1-lo a tomar decis\u00f5es estrat\u00e9gicas e a maximizar seus resultados financeiros. Se voc\u00ea precisar de mais informa\u00e7\u00f5es sobre avalia\u00e7\u00e3o de empresa, consulte um especialista em finan\u00e7as ou contabilidade. A avalia\u00e7\u00e3o de empresa \u00e9 uma ferramenta fundamental para determinar o valor de um neg\u00f3cio.<\/p>\n<p>O Portal do Valuation \u00e9 especialista em avalia\u00e7\u00e3o de empresas, valuation de empresas, intermedia\u00e7\u00e3o de compra e venda de empresas e assessoria em M&amp;A. Isso significa que eles precisam saber, como diferentes empresas conduzem uma transa\u00e7\u00e3o no mercado,&nbsp;e a que pre\u00e7os e condi\u00e7\u00f5es compradores e vendedores de neg\u00f3cios concluem as transa\u00e7\u00f5es ou opera\u00e7\u00f5es de fus\u00f5es e aquisi\u00e7\u00f5es. Contabilistas s\u00e3o uma parte importante na estrutura das fun\u00e7\u00f5es de neg\u00f3cios, mas provavelmente n\u00e3o \u00e9 a melhor escolha para avalia\u00e7\u00e3o de empresas como neg\u00f3cio. Nesse sentido, \u00e9 necess\u00e1rio analisar diversos indicadores financeiros, como o fluxo de caixa, a margem de lucro, o \u00edndice de endividamento, a rentabilidade, entre outros. Para aplicar este m\u00e9todo, \u00e9 necess\u00e1rio selecionar empresas compar\u00e1veis no setor e calcular os m\u00faltiplos de mercado dessas empresas.<\/p>\n<p>Al\u00e9m disso, a imparcialidade \u00e9 um fator que tamb\u00e9m possui um grande peso neste processo. O olhar de um dos s\u00f3cios, ainda que tenha um valor muito importante pelo conhecimento que tem do neg\u00f3cio, tamb\u00e9m estar\u00e1 carregado de expectativas ou frustra\u00e7\u00f5es. As emo\u00e7\u00f5es e at\u00e9 mesmo seu interesse pessoal pode deix\u00e1-lo cego para aspectos da empresa que n\u00e3o est\u00e3o funcionando ou que n\u00e3o trazem o retorno que gostaria, mas que s\u00e3o valiosos para ele.<\/p>\n<h2>Avalia\u00e7\u00e3o de Empresa: Melhores Metodologias no Brasil<\/h2>\n<p>Outro m\u00e9todo utilizado \u00e9 pela Avalia\u00e7\u00e3o por M\u00faltiplos, que \u00e9 determinado confrontando neg\u00f3cios parecidos, normalmente operados em Bolsa de Investimento. O m\u00e9todo mais utilizado por diversas empresas de consultoria, \u00e9 pelo Fluxo de Caixa Descontado,&nbsp;que demonstra a efici\u00eancia da empresa em produzir riqueza. Infelizmente, muitos Contadores em busca de receita, para uma recompensa, se comprometer\u00e3o com uma avalia\u00e7\u00e3o completa do neg\u00f3cio, embora este n\u00e3o <a href=\"https:\/\/pt.wikipedia.org\/wiki\/Ativo_fixo\">seja seu<\/a> campo de conhecimento, e n\u00e3o o que eles fazem com frequ\u00eancia.<\/p>\n<p>Assim, \u00e9 importante estabelecer se o objetivo \u00e9 determinar o valor de venda da empresa, o valor patrimonial, ou outros par\u00e2metros espec\u00edficos. A avalia\u00e7\u00e3o patrimonial de uma empresa leva em considera\u00e7\u00e3o seus ativos e passivos para determinar seu valor l\u00edquido. Os ativos incluem itens como im\u00f3veis, equipamentos, estoques e contas a receber, enquanto os passivos englobam d\u00edvidas, obriga\u00e7\u00f5es e compromissos assumidos pela empresa.<\/p>\n<p>Do ponto de vista de potenciais compradores e parceiros de neg\u00f3cio, o m\u00e9todo se torna um instrumento fundamental para estabelecer pre\u00e7os justos em transa\u00e7\u00f5es e fortalecer rela\u00e7\u00f5es comerciais. A transpar\u00eancia proporcionada por uma avalia\u00e7\u00e3o bem conduzida facilita negocia\u00e7\u00f5es e permite identificar sinergias que podem ser exploradas em futuras parcerias ou aquisi\u00e7\u00f5es. Permite monitorizar a evolu\u00e7\u00e3o dos colaboradores ao longo do tempo, identificar \u00e1reas fortes e lacunas de compet\u00eancias, e fundamentar promo\u00e7\u00f5es, altera\u00e7\u00f5es de fun\u00e7\u00e3o ou at\u00e9 mesmo decis\u00f5es de sa\u00edda.<\/p>\n<p>\u00c9 importante destacar que a an\u00e1lise de fluxo de caixa descontado \u00e9 uma metodologia complexa e que requer conhecimentos espec\u00edficos em finan\u00e7as e contabilidade para ser aplicada corretamente. A avalia\u00e7\u00e3o de uma empresa pode ser feita por diversas metodologias e t\u00e9cnicas diferentes. Nesta se\u00e7\u00e3o, vamos aprofundar uma das mais utilizadas no Brasil \u2013 a metodologia de avalia\u00e7\u00e3o por m\u00faltiplos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uma empresa n\u00e3o possui uma vida \u00fatil predeterminada e tamb\u00e9m n\u00e3o \u00e9 poss\u00edvel dizer que uma entidade poder\u00e1 existir para sempre, embora existam algumas empresas mundo afora com mais de um s\u00e9culo de vida. Entretanto, n\u00e3o \u00e9 uma tarefa f\u00e1cil projetar fluxos de caixa para cem anos ou algum futuro distante. Muitos acreditam que o [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[126,127,128],"class_list":["post-129","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-avaliacao","tag-empresa","tag-proceder"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Avalia\u00e7\u00e3o de uma empresa: como proceder<\/title>\n<meta name=\"description\" content=\"Uma empresa n\u00e3o possui uma vida \u00fatil predeterminada e tamb\u00e9m n\u00e3o \u00e9 poss\u00edvel dizer que uma entidade poder\u00e1 existir para sempre, embora existam algumas\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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