The use of various valuation methods for estimating the value of manufacturing enterprises under uncertainty

Under conditions of uncertainty, certain methods of business valuation may not be applicable or give inaccurate results. The article discusses the factors that can create conditions of uncertainty and thus make the valuation of manufacturing enterprises more complex, requiring the use of appropriate approaches and methods. The authors discuss the problems associated with the choice of evaluation method, the features of its application, the advantages and disadvantages of each of the methods. Particular attention is paid to the approaches and methods of valuation that take into account factors that may affect the future value of the enterprise: unpredictable changes in the income and expenses of the enterprise, change of ownership of trademarks and brands, long-term contracts with suppliers and customers, the condition of equipment and infrastructure, the qualifications of personnel, and others. The results of a study conducted on the financial accounts of active manufacturing enterprises show that the use of different valuation methods can lead to significant differences in the values obtained. In this regard, the authors recommend using valuation methods in combination in order to obtain a more accurate assessment of the value of the enterprise. The practical significance of the study is the possibility to use its results for effective enterprise management, making informed decisions and attracting investments, as well as when selling a business.