تامین سرمایه بانک ملت (تملت)

Valuation

Value and valuation are concepts tied to all financial activities, financing, investment, asset management, corporate finance, financial restructuring and other financial activities somehow require valuation through their operating process.
The proper valuation of assets plays a major role in the optimal allocation of capital. Valuation pursues a wide range of goals and applications that can be addressed in the various areas of stock offering, portfolio management, mergers and acquisitions, and so on.

More

Analysis

Optimizing existing investments besides identifying new profitable opportunities requires available and reliable data. The data that is the outcome of analyzing the impact of various economic variables at micro and macro level on capital market in general as well as companies and their profitability.

More

Definition

Value and valuation are concepts tied to all financial activities, financing, investment, asset management, corporate finance, financial restructuring and other financial activities somehow require valuation through their operating process.
The proper valuation of assets plays a major role in the optimal allocation of capital. Valuation pursues a wide range of goals and applications that can be addressed in the various areas of stock offering, portfolio management, mergers and acquisitions, and so on.

Service users

Mellat IB with a great experience in evaluating companies, including governmental-owned companies or companies listed on SEO/ Fara bourse Iran, offers professional services to clients in the following areas:

IPO valuation
Stock valuation of companies listed on the SEO/ Fara bourse Iran
Valuation blocks of shares
Project valuation
Merge and acquisition valuation
Valuation shares as collateral

Objectives of valuation

Objectives of valuation process are:

Deciding whether to buy or sell shares
IPO valuation in the form of block trading or smaller amounts in Stock market exchange/ Fara bourse
Selling shares of companies not listed on capital markets
Evaluation of mergers and acquisitions, capital restructuring, and any events that affect the company's future cash flows.
Evaluation of company’s strategies
Collateralize shares for banking facilities

Steps to provide valuation services

Steps to provide valuation services by Mellat IB are as following:

Submitting a letter by the applicant company for requesting valuation service
The letter would be answered and the draft of contract would be presented by Mellat IB
Afterwards, the final contract shall be prepared and signed by both parties, the applicant company would pay the prepayment
Applying for required information
Analyzing the economic conditions, industry and company
Predicting effective variables in valuation process
Choosing proper valuation model
Sensitivity analysis and scenario analysis
Summarizing and submitting a preliminary report to receive feedback from the applicant company
Modifying if necessary and submitting the final report
Settling the contract

Presented services

Mellat IB has evaluated over 100 different companies in field of petrochemical, steel, cement and so on.

Definition

Optimizing existing investments besides identifying new profitable opportunities requires available and reliable data. The data that is the outcome of analyzing the impact of various economic variables at micro and macro level on capital market in general as well as companies and their profitability.

Types of Analysis

Fundamental analysis:The purpose of fundamental analysis is to estimate the intrinsic value of stocks, this value is a combination of variables generating the expected return the specified risk level. The estimated intrinsic value is compared to the market value of the stock to decide whether to buy, sell or hold stocks.
The fundamental analyst believes that the intrinsic and real value of securities can be obtained by studying factors such as general economic conditions, industry status, earnings, products, management, corporate financial statements and other fundamental factors.
Technical analysis:Technical analysis is the review of past price changes in order to predict the future price changes. Technical analysis is widely used in stock market or any other trading instrument running based on demand and supply forces. Technical analysts believe that price trends reflects investors’ perceptions of various political, economic, monetary and even psychological factors. The purpose of technical analysis is to determine price trends and maintain the investment until the current trend is reversed. The technical analyst believes that the market itself is the best source for expressing information.

Service users

Users of fundamental and technical analysis are portfolio managers and investment funds managers of Mellat IB’s subsidiary, which will use the results of these analysis to increase the return on investment portfolio.

Project assessment

Project assessment is made up of technical/ financial teams with proficient experience in various industries in order to advance national mega projects, meet the requirements for accurate project assessment and optimal resource allocation.

More

Mergers and Acquisitions

Corporate mergers and acquisitions are a strategic decision; therefore, they are classified at the company level and are the subject of firm financial management as well as investment management.

More

Definition

Project assessment is made up of technical/ financial teams with proficient experience in various industries in order to advance national mega projects, meet the requirements for accurate project assessment and optimal resource allocation.

Objectives of project assessment

Assessment of optimal allocation of financial resources
Reduce the risks of not executing the project on time and increasing costs based on (PMBOK 2012)
Creating competitive advantage in granting financial resources
Creating a link between financial and technical knowledge and applying it to provide financial facilities for mega-projects optimally, thereby enhancing the country's industry based on earned value project management (EVPM).
Enhance the technical look at granting projects funding

Results

Assessment of financial facilities on executing large industrial projects.
Performance Reports (financial-physical) - Periodically in accordance with the contract
Analytical / Management Reports- on a case-by-case basis at the bank's request at certain stages of the project such as increasing the required investment and then increasing the requested facilities, increasing project execution time, managing changes, etc.
Contribution review reports
Project costing reports
Offer proposals to reduce project implementation costs, prevent costs growth and improve project implementation quality

Preparing feasibility study

Major activities in this area being divided into four main sections.

Check the terms and conditions of the contract
Examine the type of project and evaluate the amount of work and division of labor
Providing the proper template suiting the work type to receive information
Providing feasibility study

Definition

Corporate mergers and acquisitions are a strategic decision; therefore, they are classified at the company level and are the subject of firm financial management as well as investment management.

Objectives of mergers and acquisitions

Reasons to create value from the mergers and acquisitions process:

Operational and financial synergy
Tax benefits
Benefits of restructuring companies
Reduce agency costs
Economic saving
Optimized division labor
Management changes

Investment banks role in mergers and acquisitions

Investment banks are the major roles in mergers and acquisitions in world. These financial institutions mainly play three roles:

Seller or buyer agency: Investment banks can act as seller or buyer agent.
Valuation: One of the important roles of investment banks in the integration process is to determine fair value for a company or asset.
Financing for mergers and acquisitions: Introducing new securities to market to fund M&A activities is another important role for venture capital firms in the integration process.

Investment institutions

Venture capitals are ready to negotiate with other investment institutions and to jointly invest in high-potential projects of companies.

Business plan
Acquisitions plan
Research
Filter
The first connection
Negotiation (Decide to purchase)
Integration program
Finish
Integration
Assessment

Research and development

Research and development is usually the forefront of organizations’ innovation activities. R&D usually plays a role in all stages of the service life curve, Therefore, R&D activities are seen as supporting actions in a company's value chain and helping it achieve its profitability, value creation and stakeholder goals.
The greater the intensity of competition in the industry and the faster the changes in technologies and the needs and preferences of customers, the greater the need for research and development activities, especially in introducing new services or improving previous services tailored to customer preferences.

More

Definition

Research and development is usually the forefront of organizations’ innovation activities. R&D usually plays a role in all stages of the service life curve, Therefore, R&D activities are seen as supporting actions in a company's value chain and helping it achieve its profitability, value creation and stakeholder goals.
The greater the intensity of competition in the industry and the faster the changes in technologies and the needs and preferences of customers, the greater the need for research and development activities, especially in introducing new services or improving previous services tailored to customer preferences.

R&D activities and services

Planning, directing, controlling and supervising the implementation of research projects in industry-related areas of activity
Planning and directing the results of studies to provide consulting services to other companies and organizations
Managing and directing teams considering research requirements ( consisting of employees from different departments or counselors)
Planning, directing, controlling and supervision on compiling books related to the field of financial industry and investment banking
Connection and interaction with the research centers of various industries including insurance and capital markets to carry out research activities

The benefits of R&D

Most important benefits of research and development in organizations are:

Designing new and applicable financial tools
Optimizing services available to the organizations inside or outside the company
Future profitability of new activities
Improving the performance of other departments

Service users

The users of R&D products and services are primarily Mellat IB and other Mellat Bank subsidiaries. After validation and approval by SEO, the services can be used by other financial institution as well.

تامین سرمایه بانک ملت

Financial services

Valuation

Analysis

Project assessment

Mergers and Acquisitions

Research and development

Financial services advisory