Simple Valuation Guidelines
" An extremely well-established and steady business with a rock-solid market position, whose continued earnings will not be dependent upon a strong management team. "

Valuation Techniques  
If you are analyzing a privately owned company, there are often a number of items on the financial statements that have to be adjusted or recast in order to understand the real earning power of the company.

Multiple of Earnings
Book Value
Discounted Cash Flow
Service Companies
Using Business Appraisers
Common Sense
Other Valuation Techniques