Annual fleet valuations

Following the successful acquisition of Rail First by investment funds Amber Infrastructure and DIF Capital Partners, IPEX has carried out annual fleet valuations to help Rail First meet their financial reporting obligations.

The IPEX asset valuation methodologies are based on the professional standards of the UK Royal Institution of Chartered Surveyors. Our consultants carried out a Depreciated Replacement Cost (DRC) valuation of Rail First’s mixed portfolio of over 70 locomotives and 1200 wagons. The valuation was delivered in a comprehensive report detailing the value by asset class, highlighting any variations in value (from previous valuation) using a range of data and IPEX market experience, including the assets position in their maintenance cycle, age, and configuration / modification status, as well as a comparison against modern equivalent assets.

IPEX can also use the Discounted Cash Flow (DCF) valuation methodology using our in-house DCF modelling tool, which has been deployed for DCF valuations on all types of rail vehicles, globally.