Intellectual Property (IP) is a type of asset belonging to a business just like other assets such as cash, inventory or plant and equipment.  The key difference between IP and these other type of assets is that IP is intangible rather than tangible in nature. A cursory glance at the balance sheets for many Australian listed companies will reveal significant [...]

One of the basic tenets of valuation is the value of any asset is a function of the future cashflows from that asset. This principle applies to income based valuations like Future Maintainable Earnings, where an income stream is expected to continue indefinitely into the future or market based valuations (Net Realisable Assets) where the expected value is what can [...]