1. Cost method for intangible asset evaluation
2. Market method for intangible asset evaluation
3. Income method for intangible asset evaluation
Intangible asset evaluation methods are directly related to the evaluation results. In the practice of intangible asset evaluation in my country, large errors are often caused by the inability to use scientific methods. It is necessary to conduct in-depth research on the evaluation methods of various intangible assets, learn from foreign advanced experience, and comprehensively The specific practice of our country’s evaluation work should be innovated. There are three main methods for calculating intangible assets: market price method, income method and cost method.
1. Market value method. This law determines the value of intangible assets based on market transactions and is applicable to patents, trademarks, copyrights, etc. Generally, the license fee for the above-mentioned intangible assets is calculated as a percentage of revenue based on the agreement reached by the parties to the transaction. The main problem with this law is that since most intangible assets do not have market prices, some intangible assets are unique and it is difficult to determine the transaction price. Secondly, intangible assets are generally traded together with other assets, and it is difficult to separate their value separately. .
2. Income method. This method calculates the value of intangible assets based on their economic benefits or the present value of future cash flows. Such as goodwill, franchised agency, etc. The key to this method is how to determine the appropriate discount rate or capitalization rate. This method also has the problem of difficulty in separating the economic benefits of a certain intangible asset. In addition, when a certain technology is still in the early development stage, its intangible assets may not have economic benefits, so this method cannot be used for calculation.
3. Cost method. This method calculates the cost required to replace or reconstruct a certain type of intangible asset. It is applicable to the calculation of the value of intangible assets that can be replaced. It can also estimate the economic benefits brought by the intangible assets to reduce production costs, reduce raw material consumption or prices, reduce waste and more efficient use of equipment, thereby evaluating this The value of some intangible assets. However, due to factors such as whether a certain intangible asset can obtain alternative technologies or the ability to develop alternative technologies, as well as the product life cycle, it is difficult to determine the economic benefits of intangible assets, which limits the application of this method.