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Asset Valuation

SCI Verkehr is one of the globally leading provider in the assesment of current and future asset values of railway vehicles. The valuation methods that are tailored to the requirements of our clients comply with European and international standards and are widely appreciated in the indutry. The calculated values are used among others within the scope of leasing transactions and balance calculations.

Value appraisal for regional multiple units for local rail transport concessions

On behalf of a leasing company, SCI Verkehr assessed the value development of EMUs that are to be operated in the...

Value appraisal for regional multiple units for local rail transport concessions

Customer: International banking house

On behalf of a leasing company, SCI Verkehr assessed the value development of EMUs that are to be operated in the German local rail transport market. For this purpose, various vehicle versions were taken into consideration with various divisibilities and different reuse scenarios. The calculation was carried out by means of an asset value analysis and a DCF analysis.

Value appraisal for electric multiple units

On behalf of a financing bank, SCI Verkehr evaluated an EMU fleet and supported the client regarding the preparation of...

Value appraisal for electric multiple units

Customer: International Bank

On behalf of a financing bank, SCI Verkehr evaluated an EMU fleet and supported the client regarding the preparation of the residual values and the issues for carrying out maintenance and commissioning of the trains.

Fleet valuation

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performs a regular analysis of...

Fleet valuation

Customer: Leasing Company

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performs a regular analysis of the leasing revenues expected for the entire vehicle portfolio. Depending on the fleet structure and the market demand expected, the leasing revenues and downtimes of the vehicles are assessed. These serves as the foundation for the business plan.

Fleet evaluation of a leasing company

On behalf of a financing bank, SCI Verkehr carried out the evaluation of a leasing fleet. Here, the focus is on...

Fleet evaluation of a leasing company

Customer: Leasing Company

On behalf of a financing bank, SCI Verkehr carried out the evaluation of a leasing fleet. Here, the focus is on evaluating the leasing rate levels and the purchase prices for the assets.

Freight wagon value impairment test

SCI Verkehr carries out value impairment tests for value appraisals compiled for various freight wagon types....

Freight wagon value impairment test

Customer: Leasing company

SCI Verkehr carries out value impairment tests for value appraisals compiled for various freight wagon types.

Diesel locomotive fleet assessment

On behalf of an international financing institution, SCI Verkehr analysed the current vehicle value of a diesel...

Diesel locomotive fleet assessment

Customer: International banking institution

On behalf of an international financing institution, SCI Verkehr analysed the current vehicle value of a diesel locomotive fleet. The desktop expertise included the evaluation of the current purchase prices and leasing rates as well as the general technical condition of the vehicles.

Value appraisal for car transport coaches

On behalf of a leasing company, SCI Verkehr has compiled a value appraisal for two different car transport coaches. As...

Value appraisal for car transport coaches

Customer: Leasing Company

On behalf of a leasing company, SCI Verkehr has compiled a value appraisal for two different car transport coaches. As a basis for this, a market analysis on this freight transport segment has been carried out.

Evaluation of the revenue opportunities of a leasing portfolio

On behalf of an investor already active in the rolling stock leasing segment, SCI Verkehr performs a regular analysis...

Evaluation of the revenue opportunities of a leasing portfolio

Customer: Leasing company

On behalf of an investor already active in the rolling stock leasing segment, SCI Verkehr performs a regular analysis of the leasing revenues to be expected for the entire vehicle portfolio. Depending on the fleet structure and the market demand expected, the leasing revenues and downtimes of the vehicles are assessed. These serves as the foundation for the evaluation of the revenue opportunities and the business plan.

Asset analysis of second-hand locomotives

For an international investor, SCI Verkehr determined the potential market price for second-hand electric and diesel...

Asset analysis of second-hand locomotives

Customer: International funding company

For an international investor, SCI Verkehr determined the potential market price for second-hand electric and diesel locomotives as well as the expected revenues from leasing these vehicles. The respective maintenance level of the assets was also taken into consideration.

Update of a value development calculation of rolling stock

On behalf of a German bank, SCI Verkehr compiled an update of a value assessment procedure for rolling stock. The...

Update of a value development calculation of rolling stock

Customer: German banking institution

On behalf of a German bank, SCI Verkehr compiled an update of a value assessment procedure for rolling stock. The technical value development of the rolling stock over its service life, the development of prices for new rolling stock and leasing rates as well as sales possibilities in the event of a required re-use were used as central influence parameters.

DCF analysis of commuter multiple units

On behalf of an international banking institution, SCI Verkehr forecast the value development of EMUs and DMUs in...

DCF analysis of commuter multiple units

Customer: International banking institution

On behalf of an international banking institution, SCI Verkehr forecast the value development of EMUs and DMUs in German commuter and local rail transport. The future values were calculated by means of a discounted-cash-flow-method. A decisive point here was the expected further market development in the German local and commuter rail transport sector.

Asset valuation of rolling stock

Critical examination of the methodology to determine vehicle prices and revision costs as part of a value appraisal....

Asset valuation of rolling stock

Customer: German operator

Critical examination of the methodology to determine vehicle prices and revision costs as part of a value appraisal.

Value analysis of refurbished locomotives

On behalf of a vehicle leasing company, SCI Verkehr assessed the value developments of refurbished diesel locomotives...

Value analysis of refurbished locomotives

Customer: International funding company

On behalf of a vehicle leasing company, SCI Verkehr assessed the value developments of refurbished diesel locomotives for operation in southern Africa. The analysis was focused on the general market situation for locomotives and the need for traction resulting from the development of new raw material sources.

Market value analysis of commuter rail transport multiple units

On behalf of a banking institution, SCI Verkehr compiled a market value analysis of EMUs in German commuter rail...

Market value analysis of commuter rail transport multiple units

Customer: Regional banking institution

On behalf of a banking institution, SCI Verkehr compiled a market value analysis of EMUs in German commuter rail transport. The analysis was focused on the current development in commuter rail transport awards and an asset valuation of the vehicles.

Asset valuation of multi-system EMUs

On behalf of an international rolling stock manufacturer, SCI Verkehr analysed the asset value development of modern...

Asset valuation of multi-system EMUs

Customer: International manufacturerer for rolling stock

On behalf of an international rolling stock manufacturer, SCI Verkehr analysed the asset value development of modern multi-system EMUs. The focus was mainly set on remarketing of the assets in the case of a possible reutilisation event.

Assessment of rolling stock

On behalf of an international financing company, SCI Verkehr evaluated the rolling stock assets which serve as...

Assessment of rolling stock

Customer: International financing company

On behalf of an international financing company, SCI Verkehr evaluated the rolling stock assets which serve as collateral security for loans awarded. For this purpose, technical and operational data of the vehicles as well as the current market environment and its development were taken into consideration.

Update of a valuation system for rolling stock

As part of an annual update of a valuation system for rolling stock, SCI Verkehr has compiled an up-to-date expert...

Update of a valuation system for rolling stock

Customer: German banking institution

As part of an annual update of a valuation system for rolling stock, SCI Verkehr has compiled an up-to-date expert report about the asset value development of rolling stock. The interface between asset supply and demand was taken into particular consideration.

Analysis useful life freight wagons

On behalf of a German banking institution, SCI Verkehr analysed the possible extension of the economically reasonable...

Analysis useful life freight wagons

Customer: Banking institution

On behalf of a German banking institution, SCI Verkehr analysed the possible extension of the economically reasonable useful life of freight wagons of a leasing company. The focus was set on the examination of important freight wagon components (bogies/wheel sets and frames/structures).

Value analysis of used electric locomotives

For an international investor, SCI Verkehr determined the potential market price for second-hand electric locomotives...

Value analysis of used electric locomotives

Customer: International funding company

For an international investor, SCI Verkehr determined the potential market price for second-hand electric locomotives as well as the expected revenues from leasing these vehicles. Existing maintenance reserves were also evaluated.

Value appraisal for modernised diesel locomotives with hybrid drive

On behalf of a leasing company, SCI Verkehr compiled a value appraisal for modernised diesel locomotives including a...

Value appraisal for modernised diesel locomotives with hybrid drive

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr compiled a value appraisal for modernised diesel locomotives including a locomotive which was fitted with hybrid drive.

Value appraisal of used diesel shunting locomotives

On behalf of a vehicle manufacturer, SCI Verkehr performed a value appraisal for a fleet of four used diesel shunting...

Value appraisal of used diesel shunting locomotives

Customer: Vehicle manufacturer

On behalf of a vehicle manufacturer, SCI Verkehr performed a value appraisal for a fleet of four used diesel shunting locomotives.

Value appraisal special bulk freight wagons

On behalf of a European financial institution, SCI Verkehr compiled a value appraisal for special bulk freight wagons....

Value appraisal special bulk freight wagons

Customer: European financial service provider

On behalf of a European financial institution, SCI Verkehr compiled a value appraisal for special bulk freight wagons. For this purpose, SCI made use of the proven SCI Asset Value Tool which considers the technical features of the vehicle type as well as the influencing factors of the market.

Price and leasing analysis for locomotives

On behalf of an international financier, SCI Verkehr analysed the development of purchase prices and leasing rates of...

Price and leasing analysis for locomotives

Customer: International leasing company

On behalf of an international financier, SCI Verkehr analysed the development of purchase prices and leasing rates of two selected locomotive types in the European market.

Leasing portfolio assessment

On behalf of a financier, SCI Verkehr assessed a leasing portfolio which is used in passenger and freight transport. In...

Leasing portfolio assessment

Customer: Financier

On behalf of a financier, SCI Verkehr assessed a leasing portfolio which is used in passenger and freight transport. In addition to locomotives and multiple units, passenger coaches and freight wagons can also be found in the portfolio.

Market assessment of used trams

On behalf of a financial service provider, SCI Verkehr evaluated the indicative value of used trams as part of a...

Market assessment of used trams

Customer: Financial service provider

On behalf of a financial service provider, SCI Verkehr evaluated the indicative value of used trams as part of a desktop analysis. In addition, potential secondary markets were analysed using technical vehicle parameters and existing infrastructure.

Standardised evaluation procedure for rolling stock financing

On behalf of a financial service provider, SCI Verkehr provided a standardised evaluation procedure for assessing the...

Standardised evaluation procedure for rolling stock financing

Customer: Financial service provider

On behalf of a financial service provider, SCI Verkehr provided a standardised evaluation procedure for assessing the risk in the run-up to a vehicle financing. Together with the client, SCI Verkehr determined a catalogue of criteria on the basis of which assets in passenger and freight transport were evaluated.

Asset valuation of European rail vehicle portfolio

On behalf of a European rolling stock financing company, SCI Verkehr appraised an extensive portfolio consisting of...

Asset valuation of European rail vehicle portfolio

Customer: European rolling stock financing company

On behalf of a European rolling stock financing company, SCI Verkehr appraised an extensive portfolio consisting of locomotives, multiple units, freight wagons and passenger coaches as well as high speed trains. For this purpose, SCI Verkehr developed an evaluation method based on IRFS standards. Additionally, extensive documentation of the fleet and its assessment was produced.

Market update for rolling stock assessment

For the annual assessment of the rolling stock fleet on behalf of a bank group, SCI Verkehr analyzed the market...

Market update for rolling stock assessment

Customer: banking institution

For the annual assessment of the rolling stock fleet on behalf of a bank group, SCI Verkehr analyzed the market development in the rail freight sector in Europe, North America and Russia. Based on this, the impact on asset values was determined.

Vehicle assessment EMUs

On behalf of a financing bank, SCI Verkehr continuously assesses a fleet of electric multiple units. Focus is put on...

Vehicle assessment EMUs

Customer: Bank

On behalf of a financing bank, SCI Verkehr continuously assesses a fleet of electric multiple units. Focus is put on performed maintenance and repair work as well the condition of the vehicles.

Asset valuation of dual-system multiple units

For the internal evaluation of a financing project for dual-system EMUs, a banking institution needed a vehicle...

Asset valuation of dual-system multiple units

Customer: Banking institution

For the internal evaluation of a financing project for dual-system EMUs, a banking institution needed a vehicle evaluation by SCI Verkehr. The focus of the evaluation was set on the current price benchmark, the value development as well as the analysis of possible secondary markets for multiple units. For this purpose, various vehicle versions were taken into consideration with various divisibilities and different reuse scenarios.

Assessment of a locomotive and freight wagon portfolio

On behalf of a European leasing company, SCI Verkehr evaluated a fleet of diesel locomotives and freight wagons based...

Assessment of a locomotive and freight wagon portfolio

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr evaluated a fleet of diesel locomotives and freight wagons based on future revenues (NPV). The focus was set on the analysis of the expected future development of offer and demand and their effects on the leasing rates expected.

Valuation method for rail vehicles

For the appraisal of a large rail vehicle portfolio, SCI Verkehr created a valuation method for the determination of...

Valuation method for rail vehicles

Customer: Banking group

For the appraisal of a large rail vehicle portfolio, SCI Verkehr created a valuation method for the determination of secure asset values in close cooperation with the client. The method factors in the replacement value as well as the earning-capacity value of rail vehicles and serves as a basis for the complete portfolio appraisal.

Evaluation of Leasing Fleet Portfolio

Preparing the acquisition of a leasing fleet consisting of different rail vehicle types, SCI Verkehr supported the...

Evaluation of Leasing Fleet Portfolio

Customer: Leasing company

Preparing the acquisition of a leasing fleet consisting of different rail vehicle types, SCI Verkehr supported the potential buyer, a leasing company, in the appraisal of assets and leasing rates as well as future market development and reuse of the vehicles.

Evaluation of the revenue opportunities of a leasing portfolio

On behalf of an investor already active in the rolling stock leasing segment, SCI Verkehr performs a regular analysis...

Evaluation of the revenue opportunities of a leasing portfolio

Customer: Leasing company

On behalf of an investor already active in the rolling stock leasing segment, SCI Verkehr performs a regular analysis of the leasing revenues to be expected for the entire vehicle portfolio. Depending on the fleet structure and the market demand expected, the leasing revenues and downtimes of the vehicles are assessed. These serve as the foundation for the evaluation of the revenue opportunities and the business plan.

Analysis of the effects of the future rail freight sector on the performance of locomotives

On behalf of an international railway vehicle leasing company, SCI Verkehr analysed the future of the rail freight...

Analysis of the effects of the future rail freight sector on the performance of locomotives

Customer: International leasing company

On behalf of an international railway vehicle leasing company, SCI Verkehr analysed the future of the rail freight sector and its effect on the performance of locomotives. For this purpose, a general driver analysis as well as concrete supply and demand analyses for European freight corridors were undertaken. Additionally, a general asset appraisal of the most important locomotives and the respective customer acceptance was conducted.

Value appraisal TRAXX locomotives

On behalf of a leasing company, SCI Verkehr performed a value appraisal for locomotives of the Bombardier TRAXX type....

Value appraisal TRAXX locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr performed a value appraisal for locomotives of the Bombardier TRAXX type.

DCF appraisal of a freight wagon fleet

As part of a re-financing of a large existing freight wagon fleet, SCI Verkehr carried out an appraisal of the assets...

DCF appraisal of a freight wagon fleet

Customer: International financing company

As part of a re-financing of a large existing freight wagon fleet, SCI Verkehr carried out an appraisal of the assets by means of the discounted cash flow (DCF) method. The focus was set on the high number of various wagon types and the years of construction.

Brief analysis of North American diesel locomotives

Regarding the financing of diesel locomotives for the North American market, SCI Verkehr has analysed the market risks...

Brief analysis of North American diesel locomotives

Customer: International bank

Regarding the financing of diesel locomotives for the North American market, SCI Verkehr has analysed the market risks of the assets on behalf of an international bank.

Appraisal of freight car fleet

On behalf of an international investment company, SCI Verkehr evaluated a large fleet of different types of freight...

Appraisal of freight car fleet

Customer: International investment company

On behalf of an international investment company, SCI Verkehr evaluated a large fleet of different types of freight wagons according to the replacement value after depreciation. A car-specific depreciation according to physical, functional and commercial obsolescence was calculated.

Valuation update of shunting locomotives

For an annual portfolio update, SCI Verkehr has analysed a shunting locomotive fleet in terms of its current market...

Valuation update of shunting locomotives

Customer: International bank

For an annual portfolio update, SCI Verkehr has analysed a shunting locomotive fleet in terms of its current market value. SCI Verkehr has taken into consideration prices for new rolling stock, leasing rates and the development of the market for used vehicles.

Secondary market analysis for double-deck coaches

On behalf of a rail leasing company, SCI Verkehr analysed the re-use possibilities of double-deck coaches in the German...

Secondary market analysis for double-deck coaches

Customer: Rail leasing company

On behalf of a rail leasing company, SCI Verkehr analysed the re-use possibilities of double-deck coaches in the German and EU regional rail transport. For this purpose, future railway contracts were evaluated regarding their accuracy of fit for the respective coaches and the prospects of success for a re-use are estimated.

Value appraisal of shunting locomotives

On behalf of a locomotive manufacturer, SCI Verkehr developed a valua appraisal of several shunting locomotive types....

Value appraisal of shunting locomotives

Customer: Locomotive manufacturer

On behalf of a locomotive manufacturer, SCI Verkehr developed a valua appraisal of several shunting locomotive types. The current market situation and the competition in this specific segment were analysed in depth.

Portfolio evaluation of a leasing fleet

SCI Verkehr evaluates a rolling stock portfolio composed of locomotives, freight wagons and passenger coaches on...

Portfolio evaluation of a leasing fleet

Customer: Investment bank

SCI Verkehr evaluates a rolling stock portfolio composed of locomotives, freight wagons and passenger coaches on behalf of a globally operating investment bank. In the process, the risks and rewards of the portfolio concerning a sublease of the assets are examined.

Market and competition analysis of th Europena leasing market

On behalf of an investment company, SCI Verkehr analysed market potentials and acquisition possibilities in the field...

Market and competition analysis of th Europena leasing market

Customer: Investment company

On behalf of an investment company, SCI Verkehr analysed market potentials and acquisition possibilities in the field of rolling stock leasing. The focus was on the analysis of demand and supply on major corridors as well as the competitive situation of manufacturers and leasing companies.

Appraisal of used regional Electric Multiple Units

On behalf of a transport company, SCI Verkehr appraised the current replacement value of used Electric Multiple Units...

Appraisal of used regional Electric Multiple Units

Customer: Rail transport company

On behalf of a transport company, SCI Verkehr appraised the current replacement value of used Electric Multiple Units currently in operation in the German regional rail transport. The depreciation is was carried out by means of the Depreciated Replacement Cost (DRC) method and is integrated into the company’s accounting.

Asset valuation hybrid locomotives

On behalf of a vehicle manufacturer, SCI Verkehr appraised hybrid locomotives for use in shunting operation compared to...

Asset valuation hybrid locomotives

Customer: Rolling Stock Manufacturer

On behalf of a vehicle manufacturer, SCI Verkehr appraised hybrid locomotives for use in shunting operation compared to conventional diesel locomotives. Technical and operational aspects (e.g. LCC) as well as the market environment and the re-use of vehicles were assessed.

Freight wagon analysis Great Britain

SCI Verkehr compiled a risk-based asset analysis for different types of freight wagons for the British market. A...

Freight wagon analysis Great Britain

Customer: European banking company

SCI Verkehr compiled a risk-based asset analysis for different types of freight wagons for the British market. A special focus was placed on the volatility of the performance by analysing the demand.

Potential analysis of rail vehicle leasing

On behalf of a financial investor, SCI Verkehr analysed the future market potential of rail vehicle leasing. The market...

Potential analysis of rail vehicle leasing

Customer: Financial investor

On behalf of a financial investor, SCI Verkehr analysed the future market potential of rail vehicle leasing. The market situation on specific rail corridors as well as the competitive position of leasing companies were surveyed.

Brief appraisal of EMUs and freight cars

As the basis for financing, SCI Verkehr made a risk-based asset appraisal of different European freight wagon types and...

Brief appraisal of EMUs and freight cars

Customer: Bank group

As the basis for financing, SCI Verkehr made a risk-based asset appraisal of different European freight wagon types and electric multiple units.

Valuation of electric multiple units

On behalf of a financial investor, SCI Verkehr developed a valuation of electric multiple units used in suburban...

Valuation of electric multiple units

Customer: Financial investor

On behalf of a financial investor, SCI Verkehr developed a valuation of electric multiple units used in suburban transport. Special emphasis was placed on the recoverability of the assets and possibilities for reuse of the vehicles.

Valuation of diesel shunting locomotives

On behalf of a leasing company, SCI Verkehr updated a valuation from previous years with regard to current market...

Valuation of diesel shunting locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr updated a valuation from previous years with regard to current market developments and required traction to reevaluate the possibilities for reuse of the assets.

Brief appraisal of Iberian diesel locomotives

For a current valuation of heavy diesel main-line locomotives, SCI Verkehr determined important input parameters such...

Brief appraisal of Iberian diesel locomotives

Customer: International credit institution

For a current valuation of heavy diesel main-line locomotives, SCI Verkehr determined important input parameters such as replacement value, current leasing rates and expected offlease times. These parameters are used for the determination of a fair market value.

Brief appraisal dual system light rail vehicles

On behalf of a financing company, SCI Verkehr analysed the marketing possibilities of dual system light rail vehicles...

Brief appraisal dual system light rail vehicles

Customer: Financing company

On behalf of a financing company, SCI Verkehr analysed the marketing possibilities of dual system light rail vehicles in Germany and Europe.

Appraisal of used trams

SCI Verkehr appraised current market values of used trams currently in operation in Germany. The appraisal included the...

Appraisal of used trams

Customer: Financier

SCI Verkehr appraised current market values of used trams currently in operation in Germany. The appraisal included the wear of the vehicles, the market environment as well as concrete scenarios for re-use outside of the cities in which the vehicles are currently used.

Performance and volatility of rail vehicles

SCI Verkehr analysed the performance and volatility of asset values of rail vehicles over a time span of 20 years. The...

Performance and volatility of rail vehicles

Customer: Bank

SCI Verkehr analysed the performance and volatility of asset values of rail vehicles over a time span of 20 years. The identified values are integrated into the internal credit rating of transactions.

Service life appraisal of double-deck electric multiple units

On behalf of a commissioning authority for regional rail transport, SCI Verkehr developed a brief appraisal for the...

Service life appraisal of double-deck electric multiple units

Customer: Regional rail transport authority

On behalf of a commissioning authority for regional rail transport, SCI Verkehr developed a brief appraisal for the service life of double-deck electric multiple units in regional rail transport. For this appraisal, SCI Verkehr took into account technical, functional and market-based criteria.

Market valuation multi-system locomotives

On behalf of a European railway company, SCI Verkehr determined the current market value of used electric locomotives...

Market valuation multi-system locomotives

Customer: European railway company

On behalf of a European railway company, SCI Verkehr determined the current market value of used electric locomotives with the help of a DCF analysis and a DRC valuation.

Developments of locomotive leasing and rail freight markets

On behalf of an investor SCI Verkehr carried out a workshop on current developments in the European market for...

Developments of locomotive leasing and rail freight markets

Customer: Financial investor

On behalf of an investor SCI Verkehr carried out a workshop on current developments in the European market for locomotive leasing and rail freight.

Freight wagon DRC valuation

SCI Verkehr carried out a detailed DRC (Depreciated Replacement Cost) analysis of a large freight wagon fleet, based on...

Freight wagon DRC valuation

Customer: International finance group

SCI Verkehr carried out a detailed DRC (Depreciated Replacement Cost) analysis of a large freight wagon fleet, based on an asset-by-asset approach. Additionally, a comparison of market lease rates was used as a back-up value comparison.

Freight wagon impairment test

SCI Verkehr made impairment tests for various rail freight wagons with regard to their performance. The results of...

Freight wagon impairment test

Customer: European Leasing Provider

SCI Verkehr made impairment tests for various rail freight wagons with regard to their performance. The results of previous valuations are checked against the background of actual developments. The main focus is on the demand situation in the respective vehicle markets.

Fleet evaluation of a leasing portfolio

As part of a financing of a leasing portfolio, SCI Verkehr evaluates the value of the total vehicle fleet of a leasing...

Fleet evaluation of a leasing portfolio

Customer: Leasing company

As part of a financing of a leasing portfolio, SCI Verkehr evaluates the value of the total vehicle fleet of a leasing company. This was based on an individual evaluation of the various vehicle types, their operability and marketability.

Freight wagon valuation DRC

SCI Verkehr valuated a freight wagon fleet based on the Depreciated Replacement Costs. For this purpose, the different...

Freight wagon valuation DRC

Customer: Globally active investment company

SCI Verkehr valuated a freight wagon fleet based on the Depreciated Replacement Costs. For this purpose, the different wagons types were analysed with regard to their replacement cost. SCI Verkehr relied on its extensive experience in the freight wagon leasing market as well its newly-developed methodology according to the IVSC. This way, SCI Verkehr significantly developed its tried and tested asset value tool further.

DCF valuation of European locomotive portfolio

For the refinancing of a rail vehicle portfolio, SCI Verkehr appraised different electric and diesel locomotives. The...

DCF valuation of European locomotive portfolio

Customer: International leasing company

For the refinancing of a rail vehicle portfolio, SCI Verkehr appraised different electric and diesel locomotives. The current market value of the locomotives used in Central Europe was determined with a DCF calculation taking into account the supply and demand situation.

Fair value determination of used DMUs

SCI Verkehr calculated the fair value and the future value development of used DMUs. Multiple units operated in German...

Fair value determination of used DMUs

Customer: Vehicle owners

SCI Verkehr calculated the fair value and the future value development of used DMUs. Multiple units operated in German commuter transport were evaluated by the owner using the asset value method. In addition, an expert evaluated the technical conditions of the wagons and and the reserves for the general inspection.

Fleet evaluation

On behalf of a leasing company, SCI Verkehr evaluated a comprehensive fleet of new and used electric and diesel...

Fleet evaluation

Customer: German leasing company

On behalf of a leasing company, SCI Verkehr evaluated a comprehensive fleet of new and used electric and diesel locomotives. The evaluation was based on income including a DCF calculation. The focus was particularly set on the effects of demand and supply on the asset value.

Vehicle appraisal of tank wagons and bulk wagons

For the financing of tank wagons and bulk wagons, SCI Verkehr developed a brief appraisal of the assets and the...

Vehicle appraisal of tank wagons and bulk wagons

Customer: Bank

For the financing of tank wagons and bulk wagons, SCI Verkehr developed a brief appraisal of the assets and the connected transport markets on behalf of a financing bank.

Original price and leasing rates of freight wagons

SCI Verkehr investigated fair market prices as well as leasing rates for different types of freight wagons (for some...

Original price and leasing rates of freight wagons

Customer: European banking company

SCI Verkehr investigated fair market prices as well as leasing rates for different types of freight wagons (for some types including safety equipment) in Europe. In addition, SCI Verkehr evaluated the freight wagon types regarding leasing opportunities.

Valuation of a bulk freight wagon

SCI Verkehr appraised a new bulk freight wagon which will be used for specialised transports. For the appraisal of a...

Valuation of a bulk freight wagon

Customer: International financer

SCI Verkehr appraised a new bulk freight wagon which will be used for specialised transports. For the appraisal of a residual value, SCI Verkehrs used a cost-based DCF approach as well as an income-based DCF approach. Special attention was paid to reuse scenarios in a regional market and the assessment of risks of obsolescence.

Asset valuation of regional transport multiple units

For the internal evaluation of a financing project for dual-system EMUs, a transport company needed a vehicle...

Asset valuation of regional transport multiple units

Customer: Railway transport company

For the internal evaluation of a financing project for dual-system EMUs, a transport company needed a vehicle evaluation by SCI Verkehr. The focus of the evaluation was set on the current price benchmark, the value development as well as the analysis of possible secondary markets for multiple units. The calculation of the Fair Value was based on a DRC approach. Various vehicle versions were taken into consideration.

Update fleet appraisal locomotives and freight wagon

On behalf of a large European leasing company, SCI Verkehr made a yearly fleet appraisal of diesel locomotives and...

Update fleet appraisal locomotives and freight wagon

Customer: European leasing company

On behalf of a large European leasing company, SCI Verkehr made a yearly fleet appraisal of diesel locomotives and freight wagons. The appraisal was based on an income-based valuation method (DCF valuation)

Discounted future earnings valuation of six-axle diesel locomotives

For the refinancing of heavy diesel locomotives, SCI Verkehr developed a discounted future earnings valuation. The...

Discounted future earnings valuation of six-axle diesel locomotives

Customer: Leasing company

For the refinancing of heavy diesel locomotives, SCI Verkehr developed a discounted future earnings valuation. The current replacement value of the locomotives which are in operation in central Europe was determined by a DCF calculation with special attention to the demand and supply situation.

Freight wagon valuation in the UK

SCI Verkehr evaluated a freight wagon fleet in the UK using a replacement cost approach (DRC). To determine the input...

Freight wagon valuation in the UK

Customer: International finance group

SCI Verkehr evaluated a freight wagon fleet in the UK using a replacement cost approach (DRC). To determine the input values, SCI Verkehr investigated the market and specific assets comprehensively.

Value appraisal for new EMUs

On behalf of a private railway operator, SCI Verkehr assessed an EMU fleet to be procured and supported the client...

Value appraisal for new EMUs

Customer: Private European railway company

On behalf of a private railway operator, SCI Verkehr assessed an EMU fleet to be procured and supported the client regarding the residual values to be expected.

Fleet appraisal used freight wagons

On behalf of an international bank group, SCI Verkehr appraised a large fleet of used freight wagons within a sale and...

Fleet appraisal used freight wagons

Customer: Bank group

On behalf of an international bank group, SCI Verkehr appraised a large fleet of used freight wagons within a sale and lease back transaction. SCI Verkehr analysed the competitive situation of the freight wagons in the market and conducted an appraisal based on earning power and asset value approaches.

Valuation of bulk freight wagons

On behalf of a leasing company, SCI Verkehr developed a valuation of bulk freight wagons for operation in Europe. ...

Valuation of bulk freight wagons

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr developed a valuation of bulk freight wagons for operation in Europe.

Current market value of shunting locomotives

Within the scope of an annual portfolio update, SCI Verkehr valuated a shunting locomotive fleet with regard to its...

Current market value of shunting locomotives

Customer: International bank

Within the scope of an annual portfolio update, SCI Verkehr valuated a shunting locomotive fleet with regard to its current market value. For this purpose, the current original prices, leasing rates and the development within the used vehicle market were considered.

Earning value analysis container wagons

On behalf of a refinancing bank, SCI Verkehr compiled an expert report about the value development of container wagons....

Earning value analysis container wagons

Customer: Credit Institution

On behalf of a refinancing bank, SCI Verkehr compiled an expert report about the value development of container wagons. The future values were determined with the aid of a DCF calculation taking into consideration the market environment.

Portfolio analysis rolling stock

On behalf of a leading rolling stock financiers, SCI Verkehr analysed the current vehicle fleet in preparation of a...

Portfolio analysis rolling stock

Customer: Banking Group

On behalf of a leading rolling stock financiers, SCI Verkehr analysed the current vehicle fleet in preparation of a portfolio assessment. In the first step, we defined criteria relevant for the assessment which we subsequently determined in close cooperation and with the aid of the SCI Database for Railway Technology.

Follow-up valuation of vehicle portfolio

SCI Verkehr provided a vehicle financing company with input factors relevant for the annual evaluation of securities....

Follow-up valuation of vehicle portfolio

Customer: Financing company

SCI Verkehr provided a vehicle financing company with input factors relevant for the annual evaluation of securities. The focus was on the market development in the worldwide rail freight transport and the worldwide fleets of locomotives and freight wagons.

Asset valuation of intermodal wagons

On behalf of a European freight wagon leasing company, SCI Verkehr compiled an asset valuation of container and pocket...

Asset valuation of intermodal wagons

Customer: Freight wagon leasing company

On behalf of a European freight wagon leasing company, SCI Verkehr compiled an asset valuation of container and pocket wagons. The current market values of the wagons were determined by a asset value and capitalised earnings method.

Value appraisal mainline diesel locomotives

On behalf of a leasing company, SCI Verkehr compiled a value appraisal for four-axle mainline diesel locomotives for...

Value appraisal mainline diesel locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr compiled a value appraisal for four-axle mainline diesel locomotives for operation in European cross-border transport.

Asset valuation of modern intermodal wagons

SCI Verkehr carried out a detailed asset valuation for various modern intermodal wagons. SCI Verkehr used the DCF and...

Asset valuation of modern intermodal wagons

Customer: Vehicle leasing company

SCI Verkehr carried out a detailed asset valuation for various modern intermodal wagons. SCI Verkehr used the DCF and DRC approach to perform a comparative investment analysis. Special focus was given on scheduled maintenance approaches and a detailed graph shaping up to the component level.

Vehicle evaluation of European high-speed trains

To estimate the risk of financing European high-speed trains with multi-system equipment, SCI Verkehr compiled a brief...

Vehicle evaluation of European high-speed trains

Customer: German credit Institution

To estimate the risk of financing European high-speed trains with multi-system equipment, SCI Verkehr compiled a brief evaluation of the trains and the related transport markets.

Value appraisal for Intercity trains

On behalf of a manufacturer, SCI Verkehr performed a value appraisal for Intercity trains which are operated in...

Value appraisal for Intercity trains

Customer: Vehicle manufacturer

On behalf of a manufacturer, SCI Verkehr performed a value appraisal for Intercity trains which are operated in high-performance long-distance transport. Particularly, a benchmark of competitive products and the evaluation of possible secondary markets for the vehicles were carried out.

Complete fleet evaluation of passenger coaches and freight wagons

On behalf of a refinancing bank, SCI Verkehr evaluated the complete portfolio of locomotives, freight wagons and...

Complete fleet evaluation of passenger coaches and freight wagons

Customer: International banking group

On behalf of a refinancing bank, SCI Verkehr evaluated the complete portfolio of locomotives, freight wagons and passenger coaches in Europe and North America. The evaluation was carried out by means of a DRC and DCF approach with a focus on the supply and demand situation for rolling stock. The complete package also included an annual update as well as asset analyses of the most important construction series.

Value appraisal for Interregio trains

On behalf of a private operator, SCI Verkehr compiled a value appraisal for Interregio trains which are to be operated...

Value appraisal for Interregio trains

Customer: Private railway company

On behalf of a private operator, SCI Verkehr compiled a value appraisal for Interregio trains which are to be operated in open-access transport services. The focus was on the evaluation of possible secondary markets for the vehicles.

Asset valuation of electric and diesel locomotives

SCI Verkehr evaluates new mainline diesel locomotives and used electric locomotives for operation in North and Central...

Asset valuation of electric and diesel locomotives

Customer: European leasing company

SCI Verkehr evaluates new mainline diesel locomotives and used electric locomotives for operation in North and Central Europe. SCI Verkehr carried out an income-based evaluation by means of a DCF analysis and considered the current levels of supply and demand of the assets in the respective markets.

Fleet evaluation

For refinancing a rolling stock portfolio, SCI Verkehr calculated the Net Present Value (NPV). For this purpose, the...

Fleet evaluation

Customer: Leasing company

For refinancing a rolling stock portfolio, SCI Verkehr calculated the Net Present Value (NPV). For this purpose, the individual assets in the portfolio were evaluated and the aimed leasing rates were forecast. Furthermore, SCI Verkehr carried out a review of the market-related assumptions of the refinancing prospects.

Fair value determination of electric and diesel locomotives

On behalf of a funding company, SCI Verkehr determined the fair value of electric and diesel locomotives in cooperation...

Fair value determination of electric and diesel locomotives

Customer: Railway funds

On behalf of a funding company, SCI Verkehr determined the fair value of electric and diesel locomotives in cooperation with a technical expert. The value is determined using the cost-based DRC approach taking into account the market and competitive situation in the respective country markets.

Brief evaluation of new EMUs for the UK

SCI Verkehr carried out a brief evaluation of opportunities and risks for new EMUs which will serve as a basis for...

Brief evaluation of new EMUs for the UK

Customer: German credit institution

SCI Verkehr carried out a brief evaluation of opportunities and risks for new EMUs which will serve as a basis for financing decisions.

Fair value determination of electric and diesel locomotives

On behalf of a funding company, SCI Verkehr determined the fair value of electric and diesel locomotives in cooperation...

Fair value determination of electric and diesel locomotives

Customer: Railway funds

On behalf of a funding company, SCI Verkehr determined the fair value of electric and diesel locomotives in cooperation with a technical expert. The value is determined using the cost-based DRC approach taking into account the market and competitive situation in the respective country markets.

Freight wagon impairment test

SCI Verkehr carried out impairment tests for various freight wagon types with a view on the value development of the...

Freight wagon impairment test

Customer: European leasing institution

SCI Verkehr carried out impairment tests for various freight wagon types with a view on the value development of the vehicles taking into consideration the changing conditions in the rail freight market. The results of former value appraisals were analysed with a view on the real development. The focus was on the demand situation in the respective vehicle-related market.

Asset valuation of Spanish freight wagons and locomotives

In the run-up to the sale of locomotives and freight wagons, SCI Verkehr identified the fair value and OLV taking into...

Asset valuation of Spanish freight wagons and locomotives

Customer: Banking institution

In the run-up to the sale of locomotives and freight wagons, SCI Verkehr identified the fair value and OLV taking into account the special characteristics of the Spanish freight wagon market. For this purpose, we took into consideration maintenance costs and conversion costs for operation on European standard gauge width.

Brief expert report night train coaches

On behalf of a financing bank, SCI Verkehr compiled a quality evaluation of passenger coaches for nighttime journeys....

Brief expert report night train coaches

Customer: Banking Group

On behalf of a financing bank, SCI Verkehr compiled a quality evaluation of passenger coaches for nighttime journeys. The coaches are to be operated in the UK.

Evaluation of multi-system locomotives

On behalf of a European railway company, SCI Verkehr evaluates the current market value of electric locomotives by...

Evaluation of multi-system locomotives

Customer: European railway company

On behalf of a European railway company, SCI Verkehr evaluates the current market value of electric locomotives by means of a DCF analysis and a DRC evaluation, once a year. For this purpose, SCI Verkehr takes into consideration prices for new rolling stock, leasing rates and the development of the market for used vehicles.

Commercial due diligence of locomotive lessor in Eastern Europe

On behalf of a private equity investor, SCI Verkehr carried out a Commercial Due Diligence of a locomotive lessor in...

Commercial due diligence of locomotive lessor in Eastern Europe

Customer: Private equity investor

On behalf of a private equity investor, SCI Verkehr carried out a Commercial Due Diligence of a locomotive lessor in the Eastern European rail freight transport market. This Commercial Due Diligence also comprised an in-depth asset evaluation of used locomotives by means of the DCF and DRC methodology, which provided a detailed analysis of the special situations in individual Eastern European markets.

Follow-up valuation of leasing fleet

On behalf of a leasing company, SCI Verkehr determined the current value of a rolling stock portfolio of locomotives,...

Follow-up valuation of leasing fleet

Customer: International leasing company

On behalf of a leasing company, SCI Verkehr determined the current value of a rolling stock portfolio of locomotives, freight wagons and multiple units. The asset values were determined by a income-based DCF evaluation and a cost-based DRC evaluation on the basis of a supply and demand analysis in the passenger and freight transport markets concerned.

Evaluation of intermodal wagon fleet

For supporting a freight wagon leasing company as part of a transaction of used intermodal wagons, SCI Verkehr...

Evaluation of intermodal wagon fleet

Customer: Freight wagon leasing company

For supporting a freight wagon leasing company as part of a transaction of used intermodal wagons, SCI Verkehr identified current and future vehicle values of container and pocket wagons by using a DCF and DRC evaluation.

Asset valuation of heavy diesel locomotives

On behalf of a European leasing company, SCI Verkehr carried out an asset valuation for refinancing 6-axle diesel...

Asset valuation of heavy diesel locomotives

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr carried out an asset valuation for refinancing 6-axle diesel locomotives. The current market values of the locomotives were determined by using the capitalised earnings method taking into consideration the levels of supply and demand.

Asset evaluation of double-deck regional multiple units

On behalf of globally active financier, SCI Verkehr evaluated the economic value and opportunities in the second market...

Asset evaluation of double-deck regional multiple units

Customer: Banking institution

On behalf of globally active financier, SCI Verkehr evaluated the economic value and opportunities in the second market for double-deck EMUs in the German regional and commuter rail market. The focus of the asset-based DRC evaluation was on possible chances of reuse concerning other public tenders.

Complete fleet evaluation on behalf of a leasing company

On behalf of a European locomotive leasing company, SCI Verkehr evaluated the current fair value of a comprehensive...

Complete fleet evaluation on behalf of a leasing company

Customer: European leasing company

On behalf of a European locomotive leasing company, SCI Verkehr evaluated the current fair value of a comprehensive electric and diesel locomotive fleet. The evaluation was carried out by a cost-based evaluation approach (DRC method) taking under consideration the current market and competition situation.

Fleet evaluation of locomotives and freight wagons

On behalf of a leasing company, SCI Verkehr determined the current fleet value of a major locomotive and freight wagon...

Fleet evaluation of locomotives and freight wagons

Customer: Rolling stock leasing company

On behalf of a leasing company, SCI Verkehr determined the current fleet value of a major locomotive and freight wagon portfolio in continental Europe. The focus of the DCF evaluation was to determine the supply and demand situation concerning the respective assets.

Due diligence support fleet of regional railcars

On behalf of a potential buyer, SCI Verkehr analyzed the risks and opportunities of investing in a fleet of regional...

Due diligence support fleet of regional railcars

Customer: International leasing company

On behalf of a potential buyer, SCI Verkehr analyzed the risks and opportunities of investing in a fleet of regional rail cars and carried out an analysis of electrical and diesel multiple units. The focus of this analysis was on the possibilities of reuse on exisiting lines as well as other networks in the German regional passenger rail transport.

Asset valuation of hybrid and dual-engine locomotives

On behalf of a financial service provider, SCI Verkehr evaluated hybrid and dual-engine locomotives. One focus was put...

Asset valuation of hybrid and dual-engine locomotives

Customer: Financial service provider

On behalf of a financial service provider, SCI Verkehr evaluated hybrid and dual-engine locomotives. One focus was put on the opportunities and risk analysis of new drive technologies and the assessment of the market environment.

DCF evaluation of container and pocket wagons

On behalf of an Eastern European logistics company, SCI Verkehr evaluated the current and future market value of modern...

DCF evaluation of container and pocket wagons

Customer: Eastern European logistics company

On behalf of an Eastern European logistics company, SCI Verkehr evaluated the current and future market value of modern container and pocket wagons. The DCF evaluation includes an extensive market observation and analysis of the current supply and demand situation.

FMV evaluation of shunting locomotives

SCI evaluated the current market values and the market leasing rates of shunting locomotives taking into consideration...

FMV evaluation of shunting locomotives

Customer: Banking institution

SCI evaluated the current market values and the market leasing rates of shunting locomotives taking into consideration the current maintenance stages.

Asset evaluation of heavy diesel locomotives

SCI Verkehr evaluated the market value of heavy main-line diesel locomotives, which are currently used in passenger...

Asset evaluation of heavy diesel locomotives

Customer: Leasing company

SCI Verkehr evaluated the market value of heavy main-line diesel locomotives, which are currently used in passenger transport. Future operation purposes in passenger and freight transport as well as expected maintenance costs were taken into consideration. Within the scope of the DRC value determination, various different re-use scenarios are taken into account.

Due diligence support rolling stock portfolio

On behalf of a private equity company, SCI Verkehr determined the fair market value of locomotives and freight wagons...

Due diligence support rolling stock portfolio

Customer: Private equity fund

On behalf of a private equity company, SCI Verkehr determined the fair market value of locomotives and freight wagons in the context of a commercial due diligence. SCI Verkehr analysed various re-use scenarios.

Market value appraisal of a freight wagon fleet

Within the framework of a transaction process, SCI Verkehr determined the market value of intermodal wagons and car...

Market value appraisal of a freight wagon fleet

Customer: Freight wagon lessor

Within the framework of a transaction process, SCI Verkehr determined the market value of intermodal wagons and car carrying wagons. The appraisal was executed with a DCF method as well as a DRF method based on the predicted market conditions of the wagons.

Asset evaluation of freight wagons in the UK

On behalf of a leasing company SCI Verkehr evaluated new intermodal wagons and powder wagons for rail freight transport...

Asset evaluation of freight wagons in the UK

Customer: Leasing company

On behalf of a leasing company SCI Verkehr evaluated new intermodal wagons and powder wagons for rail freight transport in the UK. The project included an evaluation by means of a DRC and DCF approach as well as an analysis of possibilities for re-using in Europe.

Asset appraisal of used diesel rail cars

On behalf of the owner of diesel rail cars SCI Verkehr calculated the fair value and the expected value-over-time of...

Asset appraisal of used diesel rail cars

Customer: Vehicle owner

On behalf of the owner of diesel rail cars SCI Verkehr calculated the fair value and the expected value-over-time of used vehicles. The vehicles which are in use in the German regional passenger rail transport, were appraised for the owner using the depreciated replacement value approach. This was based on an examination of the possibilities of reuse of the rail cars.

Asset appraisal of used electric multiple units

On behalf of a transportation company, SCI Verkehr determined the expected value-over-time of used EMUs. The vehicles...

Asset appraisal of used electric multiple units

Customer: Vehicle owner

On behalf of a transportation company, SCI Verkehr determined the expected value-over-time of used EMUs. The vehicles were used in the German regional passenger rail transport and were appraised based on a replacement cost approach. A detailed analysis of the German regional passenger rail transport sector was carried out to supplement this appraisal. In addition, an expert carried out a technical condition assessment and reviewed maintenance reserves for the general inspection.

Update collateral valuation of rail vehicles

On behalf of a bank, SCI Verkehr provided relevant input factors for an annual collateral valuation of locomotives and...

Update collateral valuation of rail vehicles

Customer: Bank

On behalf of a bank, SCI Verkehr provided relevant input factors for an annual collateral valuation of locomotives and freight wagons. The focus was placed on market development in the rail freight industry as well as the development of fleets.

Asset valuation for a freight wagon fleet

SCI Verkehr calculated the market value of a large freight wagon fleet for a European transport operator. For this...

Asset valuation for a freight wagon fleet

Customer: European rail transport operator

SCI Verkehr calculated the market value of a large freight wagon fleet for a European transport operator. For this purpose, SCI analysed in detail the respective market segments relevant for the various vehicle types. The actual market value of the vehicles was evaluated based on SCI Verkehr's Asset Value Tool.

Short appraisal modern sliding-wall wagons

Of behalf of a leasing company, SCI Verkehr determined the current market value as well as the future performance of...

Short appraisal modern sliding-wall wagons

Customer: Leasing company

Of behalf of a leasing company, SCI Verkehr determined the current market value as well as the future performance of modern sliding-wall wagons. SCI based the values on an SRC valuation method. The results were compiled in a short appraisal.

Asset valuation of Dutch railcars

On behalf of a transport company, SCI Verkehr determined the fair market value for a fleet of electric multiple units...

Asset valuation of Dutch railcars

Customer: Tansport company

On behalf of a transport company, SCI Verkehr determined the fair market value for a fleet of electric multiple units (EMU) in the Netherlands. The focus of the asset-based DRC approach was a detailed analysis of the Dutch passenger rail transport market as well as opportunites for reuse of the vehicles.

Short appraisal modern container cars

In the run-up to a financing of modern intermodal wagons, SCI Verkehr carried out a short appraisal with asset...

Short appraisal modern container cars

Customer: Leasing company

In the run-up to a financing of modern intermodal wagons, SCI Verkehr carried out a short appraisal with asset descriptions and a valuation of the demand and supply situation. The expected market values were determined based on a DRC method.

Asset valuation of modern intermodal wagons

On behalf of a leasing company, SCI Verkehr compiled a report about the value development of modern intermodal wagons....

Asset valuation of modern intermodal wagons

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr compiled a report about the value development of modern intermodal wagons. The future values were determined with the aid of a DRC valuation on the basis of a demand and supply analysis of the relevant rail freight markets.

Short appraisal of EMUs

On behalf of a refinancing bank, SCI Verkehr appraised the opportunities and risks of the financing of EMUs. The cars...

Short appraisal of EMUs

Customer: Bank

On behalf of a refinancing bank, SCI Verkehr appraised the opportunities and risks of the financing of EMUs. The cars are being used in the regional passenger rail transport in the Netherlands.

Due diligence support

Within the framework of a due diligence investigation, SCI verkehr determined the market value of serveral fleets of...

Due diligence support

Customer: Leasing company

Within the framework of a due diligence investigation, SCI verkehr determined the market value of serveral fleets of rail cars in Europe. For this, a detailed analysis of relevant passenger rail transport markets as well as the corresponding leasing markets was carried out. In addition, SCI Verkehr supported the client in conducting a competitive analysis.

Determination of current market value of diesel multiple units in the Netherlands

On behalf of a financing company, SCI Verkehr determined the current market value of diesel multiple units (DMUs) used...

Determination of current market value of diesel multiple units in the Netherlands

Customer: Banking institution

On behalf of a financing company, SCI Verkehr determined the current market value of diesel multiple units (DMUs) used for regional passenger rail transport in the Netherlands. SCI Verkehr based its analysis on a cost-based DRC approach and included the specifics of the Dutch regional passenger rail transport market.

Fleet appraisal electrical multiple units

On behalf of a leasing company, SCI Verkehr determined the fair market value and the expected value-over-time of new...

Fleet appraisal electrical multiple units

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr determined the fair market value and the expected value-over-time of new electrical multiple units (EMUs). The valuation was carried out based on a DRC approach. A particular focus was the benchmark of the vehicles' purchasing price and the residual value after the end of the leasing contract. The results were compiled in a short assessment.

Market valuation leasing fleet of passenger and freight rail vehicles

On behalf of a leasing company, SCI Verkehr determined the current market values and value curves of a rail vehicle...

Market valuation leasing fleet of passenger and freight rail vehicles

Customer: International leasing company

On behalf of a leasing company, SCI Verkehr determined the current market values and value curves of a rail vehicle portfolio based on a DCF valuation method. The assets are in use in passenger and freight rail services across Europe. The valuation focused on creating a substantiated assessment of the possibilities of reuse.

Fair value determination of European electric and diesel locomotives

On behalf of a railway fund, SCI Verkehr determined the current market value for various electric and diesel...

Fair value determination of European electric and diesel locomotives

Customer: Railway fund

On behalf of a railway fund, SCI Verkehr determined the current market value for various electric and diesel locomotives, based on a DCF method. This DCF valuation focused on the determination of the supply and demand situations of the respective assets.

Appraisal of freight wagon portfolio

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio consisting of various asset types. For this...

Appraisal of freight wagon portfolio

Customer: Financial investor

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio consisting of various asset types. For this analysis, the market environment as well as future leasing revenue were appraised and the current and future portfolio value was determined based on a DCF approach.

Valuation of a freight wagon portfolio

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio based on both the DCF approach as well as the...

Valuation of a freight wagon portfolio

Customer: Freight wagon investor

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio based on both the DCF approach as well as the DRC approach, meaning based on revenue as well as replacement costs.

Value curves for risk management

SCI Verkehr compiled an update of value curves of rail vehicles for use in the risk management of a refinancing bank....

Value curves for risk management

Customer: Banking institution

SCI Verkehr compiled an update of value curves of rail vehicles for use in the risk management of a refinancing bank. For this, SCI Verkehr created physical value curves for various types of freight wagons and locomotives. The influence of demand (based on a a market factor) is included in this model.

Valuation report diesel mutliple units

On behalf of a European leasing company, SCI Verkehr determind the fair market value and the expected value-over-time...

Valuation report diesel mutliple units

Customer: Leasing company

On behalf of a European leasing company, SCI Verkehr determind the fair market value and the expected value-over-time of new diesel multiple units (DMUs) for use in the German regional rail transport. The value was determined using a DRC approach. A special focus was placed on the benchmark of purchasing price as well as provisions for maintenance. The results were presented in a brief assessment.

Market value analysis diesel shunting locomotives

On behalf of a European rail freight operator, SCI Verkehr appraised a fleet of diesel shunting locomotives. For this,...

Market value analysis diesel shunting locomotives

Customer: European rail freight operator

On behalf of a European rail freight operator, SCI Verkehr appraised a fleet of diesel shunting locomotives. For this, SCI Verkehr analysed the supply and demand situation of the respective assets and carried out a cost-based DRC valuation to determine the current market value (FV and OLV).

Market value determination mixed-traffic locomotives

On behalf of a European leasing company, SCI Verkehr appraised mixed-traffic locomotives. The analysis focused on the...

Market value determination mixed-traffic locomotives

Customer: Leasing company

On behalf of a European leasing company, SCI Verkehr appraised mixed-traffic locomotives. The analysis focused on the price benchmark and the determination of fair value development as well as market risks of the locomotives.

Update market value determination multi-system locomotives

SCI Verkehr determined the current market value of electric multi-system locomotives. The value determination was based...

Update market value determination multi-system locomotives

Customer: European rail freight operator

SCI Verkehr determined the current market value of electric multi-system locomotives. The value determination was based on a cost-based and income-based valuation method. The determined values were used for a validation of the book value.

Short appraisal of modern diesel multiple units

SCI Verkehr created a short appraisal of modern diesel multiple units for use in the German regional rail transport....

Short appraisal of modern diesel multiple units

Customer: Credit institution

SCI Verkehr created a short appraisal of modern diesel multiple units for use in the German regional rail transport. This was based on an asset description and a determination of the market value.

Valuation modernized passenger coaches

On behalf of a financing institution, SCI Verkehr determined the current value as well as the possibilities of...

Valuation modernized passenger coaches

Customer: Financing institution

On behalf of a financing institution, SCI Verkehr determined the current value as well as the possibilities of remarketing of modernized passenger coaches.

Determination of market price of diesel locomotives in North America

On behalf of a leasing fund, SCI Verkehr determined the current market value of diesel main-line locomotives in North...

Determination of market price of diesel locomotives in North America

Customer: Leasing fund

On behalf of a leasing fund, SCI Verkehr determined the current market value of diesel main-line locomotives in North America. The appraisal is carried out based on a DRC approach and compared to the original residual values.

Short checking of return policy and costing

On behalf of a refinancing bank, SCI Verkehr analysed the return policy of regional rail vehicles and in a second step ...

Short checking of return policy and costing

Customer: Bank group

On behalf of a refinancing bank, SCI Verkehr analysed the return policy of regional rail vehicles and in a second step determined a basic scenario of costs to be expected if the vehicles are returned within the contract duration.

Appraisal of a European Freight Wagon Fleet

In the context of refinancing, SCI Verkehr appraises a large European freight wagon fleet on basis of the cost-based...

Appraisal of a European Freight Wagon Fleet

Customer: Freight wagon leasing company

In the context of refinancing, SCI Verkehr appraises a large European freight wagon fleet on basis of the cost-based depreciated replacement cost method. For this purpose, SCI Verkehr analyses the competitive situation of varying freight wagon types on the market and performs benchmarking of vehicles and procurement prices. The wagons of the fleet considered are used in continental Europe and Great Britain.

Appraisal of a European leasing portfolio

On behalf of an internationally active private equity firm, SCI Verkehr determined the fair value of the locomotive...

Appraisal of a European leasing portfolio

Customer: Internationally active private equity firm

On behalf of an internationally active private equity firm, SCI Verkehr determined the fair value of the locomotive portfolio of a European leasing company. The assessment of the locomotives in use in continental Europe was carried out based on a DCF-approach. A benchmark of the most readily comparable competitive products of the considered locomotives as well as a benchmark of current prices and leasing rates is carried out.

fair value determination of multiple units and locomotives

SCI Verkehr determined the fair value of regional multiple units and shunting locomotives in Europe as the basis of a...

fair value determination of multiple units and locomotives

Customer: European leasing company

SCI Verkehr determined the fair value of regional multiple units and shunting locomotives in Europe as the basis of a business transaction. The fair value is determined by SCI Verkehr using the cost-based DRC method and includes the current and expected future development of the regional rail and rail freight transport markets.

Update valuation of locomotive fleet

SCI Verkehr conducted an update of the valuation of a large locomotive fleet owned by a European leasing company. The...

Update valuation of locomotive fleet

Customer: Locomotive leasing company

SCI Verkehr conducted an update of the valuation of a large locomotive fleet owned by a European leasing company. The fleet comprises diesel and heavy electric locomotives as well as shunting locomotives used in various Central European countries.The specific focus was on monitoring and updating the inputs as well as a valuation of the current market situation.

Appraisal leasing fleet freight and passenger rolling stock

On behalf of an internationally active leasing company, SCI Verkehr appraised a fleet of locomotives, freight wagons...

Appraisal leasing fleet freight and passenger rolling stock

Customer: International leasing company

On behalf of an internationally active leasing company, SCI Verkehr appraised a fleet of locomotives, freight wagons and rail cars. The value determination was carried out with an income-based DCF-approach and a comprehensive demand and supply analysis in continental Europe and the UK.

Portfolio Assessment of Leasing Fleet for Refinancing

As basis for refinancing, SCI Verkehr determines the current market value and expected value-over-time of a rolling...

Portfolio Assessment of Leasing Fleet for Refinancing

Customer: International leasing company

As basis for refinancing, SCI Verkehr determines the current market value and expected value-over-time of a rolling stock fleet, owned by a leading European leasing company. Income-based DCF valuation is applied for value assessment of locomotives, rail cars, freight wagons and passenger coaches. The expected market and competitive developments are decisive input factors for rolling stock assessment.

Fair Value Measurement of Diesel Shunting Locomotives

On behalf of a fund, SCI Verkehr determines the current market value of biaxial diesel shunting locomotives used on...

Fair Value Measurement of Diesel Shunting Locomotives

Customer: Railway funds

On behalf of a fund, SCI Verkehr determines the current market value of biaxial diesel shunting locomotives used on connecting railways, industrial railways and ports, by means of the DCF valuation method. Special consideration was given to the effects of supply and demand on the asset value.

Asset valuation of multi-system locomotives

On behalf of a financier, SCI Verkehr assesses new multi-system locomotives for cross-border traffic in Europe by means...

Asset valuation of multi-system locomotives

Customer: European banking company

On behalf of a financier, SCI Verkehr assesses new multi-system locomotives for cross-border traffic in Europe by means of a cost-based DRC analysis.

DRC assessment freight wagon portfolio

On behalf of an extensive freight wagon portfolio in Eastern Europe, SCI Verkehr draws up a fleet assessment by means...

DRC assessment freight wagon portfolio

Customer: Freight wagon proprietor

On behalf of an extensive freight wagon portfolio in Eastern Europe, SCI Verkehr draws up a fleet assessment by means of the cost-based DRC approach. Special interest is given to the situation of supply and demand of individual wagon types in particular, as well as to assessing usability beyond original service life.

Vehicle assessment rail freight fleet

On behalf of a refinancing bank, SCI Verkehr ascertains the current vehicle value of a rail freight fleet. Value...

Vehicle assessment rail freight fleet

Customer: International bank

On behalf of a refinancing bank, SCI Verkehr ascertains the current vehicle value of a rail freight fleet. Value assessment of these vehicles operated on the Iberian Peninsula is built on the cost-based DRC assessment approach and considers results of a supply and demand analysis of locomotives and freight wagons.

Residual value appraisal of hybrid locomotives

SCI Verkehr draws up a residual value appraisal on hybrid locomotives, taking into consideration current demand as well...

Residual value appraisal of hybrid locomotives

Customer: Industrial company

SCI Verkehr draws up a residual value appraisal on hybrid locomotives, taking into consideration current demand as well as competitive products available on the market.

Value assessment based on the DRC method of special-purpose vehicles for track maintenance

On behalf of an international infrastructure company, SCI Verkehr assesses the value development of a track maintenance...

Value assessment based on the DRC method of special-purpose vehicles for track maintenance

Customer: Infrastructure company

On behalf of an international infrastructure company, SCI Verkehr assesses the value development of a track maintenance vehicle based on the DRC method. Estimating effects of the future market development of track construction and maintenance on value development represent an important part.

Annual fleet assessment Europe and North America

On behalf of a refinancing bank, SCI Verkehr assesses a fleet of passenger vehicles, locomotives and freight wagons in...

Annual fleet assessment Europe and North America

Customer: Refinancing credit institution

On behalf of a refinancing bank, SCI Verkehr assesses a fleet of passenger vehicles, locomotives and freight wagons in Europe and North America. For this purpose, SCI Verkehr applies both the cost-based and the income-based DRC method.

Valuation of Pre-owned Multisystem Locomotives

On behalf of a financial service provider, SCI Verkehr assesses the current market value of pre-owned multisystem...

Valuation of Pre-owned Multisystem Locomotives

Customer: Financial service provider

On behalf of a financial service provider, SCI Verkehr assesses the current market value of pre-owned multisystem locomotives for cross-border traffic in Europe by means of DCF and DRC valuation. The focus is on identifying obsolescence risks.

Valuation of Electric Mulitiple Unit (EMU) fleets

In the context of funding rolling stock, SCI Verkehr assesses the fair value of two electric multiple unit (EMU) fleets...

Valuation of Electric Mulitiple Unit (EMU) fleets

Customer: Leasing company

In the context of funding rolling stock, SCI Verkehr assesses the fair value of two electric multiple unit (EMU) fleets in Europe. The DCF method, which includes assessing current and expected future revenues, is applied here. Therefore, options of redeployment are analysed in detail, taking into consideration expected tenders and vehicle requirements.

Validation of internal valuation assumptions for rolling stock

In the context of a cross-border, in-house transaction of rolling stock of a European leasing company, SCI Verkehr...

Validation of internal valuation assumptions for rolling stock

Customer: Leasing company

In the context of a cross-border, in-house transaction of rolling stock of a European leasing company, SCI Verkehr validates assumptions for an internal assessment system based on the income based DCF method (Discounted Cash Flow). Fundamental assumptions of the valuation model are checked for plausibility and are briefly assessed with regards to content. Rolling stock of the considered fleet is operated in Continental Europe and the UK.

Valuation of a European fleet of electric locomotives

On behalf of a European rail freight operator, SCI Verkehr evaluates a fleet of electric locomotives in the context of...

Valuation of a European fleet of electric locomotives

Customer: European rail freight operator

On behalf of a European rail freight operator, SCI Verkehr evaluates a fleet of electric locomotives in the context of a due diligence review. The assessment of the locomotives operated in Central Europe is carried out by means of the income-based DCF as well as the cost-based DRC method. Focus lies on a benchmark for the most comparable competing products and one for current prices and leasing rates.

Valuation of a European locomotive portfolio

On behalf of a major provider of lease financing solutions, SCI Verkehr conducted a valuation of the entire locomotive...

Valuation of a European locomotive portfolio

Customer: Leasing company

On behalf of a major provider of lease financing solutions, SCI Verkehr conducted a valuation of the entire locomotive fleet. The valuation of the electric and diesel locomotives is based on the income-oriented valuation approach and also takes into account current demand developments.

Determining fair value of electric and diesel locomotives

On behalf of a financial service provider, SCI Verkehr assessed the current market values of electric and diesel...

Determining fair value of electric and diesel locomotives

Customer: Rail funds

On behalf of a financial service provider, SCI Verkehr assessed the current market values of electric and diesel locomotives. Values were assessed by means of an income-based method as well as on-site assessment of the locomotives.

Valuation of a Europan leasing fleet

On behalf of a refinancing banking institution, SCI Verkehr assesses the current market value of a large European...

Valuation of a Europan leasing fleet

Customer: International banking group

On behalf of a refinancing banking institution, SCI Verkehr assesses the current market value of a large European leasing fleet comprising passenger coaches, locomotives and freight wagons.

Short assessment of modern electric multiple units

SCI Verkehr conducted a short assessment of modern electric multiple units meant for operation in regional and commuter...

Short assessment of modern electric multiple units

Customer: Credit institute

SCI Verkehr conducted a short assessment of modern electric multiple units meant for operation in regional and commuter rail transport in the Netherlands by means of an asset description and determining the market value.

Asset valuation for a used locomotive fleet

On behalf of a leasing company, SCI Verkehr calculated the market value of a used locomotive fleet. For this purpose,...

Asset valuation for a used locomotive fleet

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr calculated the market value of a used locomotive fleet. For this purpose, next to the supply and demand situation, SCI Verkehr also analysed in detail the respective market segments relevant for this rolling stock and assessed their market values. The actual market value of the vehicles was evaluated based on SCI Verkehr's Asset Value Tool.

Value assessment of modernised diesel locomotives with hybrid drive

On behalf of a leasing company, SCI Verkehr conducted a value assessment of modernised diesel locomotives, which will...

Value assessment of modernised diesel locomotives with hybrid drive

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr conducted a value assessment of modernised diesel locomotives, which will be equipped with hybrid drive. In the process, technical and operational aspects (eg. LCC) as well as market environment and competitive situation have been examined.

Fleet valuation of European rail freight operator

On behalf of a Central European rail freight operator, SCI Verkehr assesses the current market value of the locomotive...

Fleet valuation of European rail freight operator

Customer: International rail freight operator

On behalf of a Central European rail freight operator, SCI Verkehr assesses the current market value of the locomotive and freight wagon fleet. SCI Verkehr uses a cost-based DRC approach to determine the fair market value. In the project, a comprehensive report is prepared, which deals in detail with the asset valuation and the current market situation.

Strategical analysis of the freight wagon market in Ukraine

In order to prepare the decision of an investor, SCI Verkehr analysed advantages as well as disadvantages of two main...

Strategical analysis of the freight wagon market in Ukraine

Customer: Leasing company

In order to prepare the decision of an investor, SCI Verkehr analysed advantages as well as disadvantages of two main opportunities in the Ukrainian market: Selling a freight wagon fleet or, on the other hand, continuing operations of a leasing company. For this analysis, SCI Verkehr applies a tried and tested methodology for calculating market value of the fleet as well as a forecast for the perspective development of rail freight transport in Ukraine.

Valuation of a freight wagon portfolio

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio based on both the DCF approach as well as the...

Valuation of a freight wagon portfolio

Customer: Freight wagon investor

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio based on both the DCF approach as well as the DRC approach, i.e. based on revenue as well as replacement costs of the fleet.

Valuation electric multi-system locomotives

Prior to financing, SCI Verkehr assesses the intrinsic value of electric multi-system locomotives during the planned...

Valuation electric multi-system locomotives

Customer: Leasing provider

Prior to financing, SCI Verkehr assesses the intrinsic value of electric multi-system locomotives during the planned contract term. SCI Verkehr also gives an overview of the expected current and future supply and demand situation.

Short assessment electric multiple units as basis for financing

On behalf of a financial services provider, SCI Verkehr assesses merchantability and expected future value pattern of...

Short assessment electric multiple units as basis for financing

Customer: Leasing company

On behalf of a financial services provider, SCI Verkehr assesses merchantability and expected future value pattern of electric multiple units for operation in regional and commuter rail transport.

Update assessment of market value of multi-system locomotives

In the context of the project, SCI Verkehr assesses the current market value of electric multi-system locomotives in...

Update assessment of market value of multi-system locomotives

Customer: European rail freight operator

In the context of the project, SCI Verkehr assesses the current market value of electric multi-system locomotives in Central Europe. Valuation is conducted by means of a cost-based and an income-based evaluation approach. In the context of determining the market values, special focus is given to the consideration of the secondary market.

Survey hopper wagons North America

In the context of planned financing of hopper wagons (covered hoppers) in North America, SCI Verkehr carries out a...

Survey hopper wagons North America

Customer: German financial institute

In the context of planned financing of hopper wagons (covered hoppers) in North America, SCI Verkehr carries out a residual value appraisal for a German bank. Fair market value and orderly liquidation value are determined based on asset and market analysis.

Valuation of a European car-carrier wagon fleet

In the context of preparing the purchase of a fleet of car-carrier wagons, SCI Verkehr conducts vehicle assessment by...

Valuation of a European car-carrier wagon fleet

Customer: International freight wagon leasing company

In the context of preparing the purchase of a fleet of car-carrier wagons, SCI Verkehr conducts vehicle assessment by means of the cost-based DRC method (Depreciated Replacement Cost) and the DCF method (Discounted Cash Flow). In the process, SCI Verkehr particularly analyses current procurement costs and leasing rates of comparable vehicles. Wagons of the considered fleet are to be operated in Continental Europe.

Fleet assessment in passenger and freight transport

SCI Verkehr evaluates the fair value of a big European rolling stock fleet in passenger and freight transport. ...

Fleet assessment in passenger and freight transport

Customer: International leasing company

SCI Verkehr evaluates the fair value of a big European rolling stock fleet in passenger and freight transport. Assessment is conducted by taking into account the income-based DCF method as well as a supply and demand analysis.

Continuous valuation of rolling stock portfolio

On behalf of a refinancing credit institution, SCI Verkehr carries out initial and subsequent valuations for a large...

Continuous valuation of rolling stock portfolio

Customer: Refinancing credit institution

On behalf of a refinancing credit institution, SCI Verkehr carries out initial and subsequent valuations for a large portfolio consisting of passenger cars, locomotives and freight wagons in Europe and North America. The results of the calculation are internally used by the client for the assessment of credit risks.

Asset valuation pocket wagons

On behalf of an international banking institute SCI Verkehr compiled an asset valuation of pocket wagons. The valuation...

Asset valuation pocket wagons

Customer:

On behalf of an international banking institute SCI Verkehr compiled an asset valuation of pocket wagons. The valuation is based on the DRC methodology.

Portfolio assessment of various freight wagon types

On behalf of a leasing financier, SCI Verkehr assesses a big freight wagon fleet of tank wagons, open wagons and flat...

Portfolio assessment of various freight wagon types

Customer: Leasing financier

On behalf of a leasing financier, SCI Verkehr assesses a big freight wagon fleet of tank wagons, open wagons and flat wagons. SCI Verkehr assesses the wagons by means of the DRC method and also considers the wagon-related supply and demand situation.

Value appraisal car-carrier wagons

On behalf of a leasing company, SCI Verkehr creates a valuation appraisal for modern car-carrier wagons by means of the...

Value appraisal car-carrier wagons

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr creates a valuation appraisal for modern car-carrier wagons by means of the cost-based DRC method. The appraisal is based on an analysis of the supply and demand situation in the freight transport market for automobiles and commercial vehicles.

Update freight wagon fleet appraisal

On behalf of a freight wagon owner, SCI Verkehr prepares an annual market value analysis of the fleet. Supply, demand...

Update freight wagon fleet appraisal

Customer: Freight wagon owner

On behalf of a freight wagon owner, SCI Verkehr prepares an annual market value analysis of the fleet. Supply, demand and current technical state of the fleet are considered.

Valuation tool and update DRC method

SCI Verkehr supports a financer of a European rolling stock portfolio in implementing an in-house valuation tool. For...

Valuation tool and update DRC method

Customer: Financer of rolling stock operating throughout Europe

SCI Verkehr supports a financer of a European rolling stock portfolio in implementing an in-house valuation tool. For this purpose, relevant individual steps of the DRC method and data bases pertinent to the valuation are reappraised. In addition to that, a short assessment of the large fleet is provided.

Valuation of used EMUs

In the context of refinancing, SCI Verkehr assessed the current market value of electric multiple units operated in...

Valuation of used EMUs

Customer: Leasing financer

In the context of refinancing, SCI Verkehr assessed the current market value of electric multiple units operated in cross-border traffic. The assessment also included an on-site inspection of the rolling stock.

Determining secondary value of LRVs

On behalf of a refinancing bank, SCI Verkehr determines the current market value of LRVs in operation. Special focus...

Determining secondary value of LRVs

Customer: Refinancing bank

On behalf of a refinancing bank, SCI Verkehr determines the current market value of LRVs in operation. Special focus is put on analysing and assessing possible scenarios of reuse, also beyond the current field of application.

Valuation of earnings, costs and risks of ETCS installation

A leasing company examines equipping multisystem locomotives with ETCS. SCI Verkehr prepares a basis for...

Valuation of earnings, costs and risks of ETCS installation

Customer: Leasing company

A leasing company examines equipping multisystem locomotives with ETCS. SCI Verkehr prepares a basis for decision-making by means of valuating earnings, costs and risks as well as an independent assessment of the estimated costs for rebuilding.

Asset assessment railcar fleets

On behalf of a banking consortium, SCI Verkehr determines the fair value as well as the expected value-over-time of...

Asset assessment railcar fleets

Customer: Banking consortium

On behalf of a banking consortium, SCI Verkehr determines the fair value as well as the expected value-over-time of several railcar fleets in Germany. The assessment is carried out according to the cost-based DRC method. Special focus is put on defining realistic scenarios to reuse the fleets. Moreover, technical condition assessment is carried out by an expert.

Asset valuation heavy mainline diesel locomotives

SCI Verkehr determines the current value of heavy mainline diesel locomotives in the context of a transaction. The...

Asset valuation heavy mainline diesel locomotives

Customer: European Locomotive Lessor

SCI Verkehr determines the current value of heavy mainline diesel locomotives in the context of a transaction. The assessment is carried out by means of the cost-based DRC method and by taking into account the current market situation of locomotives.

Asset valuation for used DMUs in UK

As basis for an investment decision, SCI Verkehr evaluates the market value of a fleet of fast DMUs which are in...

Asset valuation for used DMUs in UK

Customer: Rolling Stock Lessor

As basis for an investment decision, SCI Verkehr evaluates the market value of a fleet of fast DMUs which are in operation in the UK. Besides evaluating by means of the income-based DCF method, focus is also put on considering possible reuse in other franchises.

Valuation of diesel locomotives

SCI Verkehr creates a valuation report of three types of diesel locomotives. The rolling stock are standard series,...

Valuation of diesel locomotives

Customer: Rolling stock manufacturer

SCI Verkehr creates a valuation report of three types of diesel locomotives. The rolling stock are standard series, which are delivered in a particular country configuration. For this purpose, SCI Verkehr examines intrinsic value and potential secondary markets of the locomotives.

Investigation concerning the application of alternative financing models for the procurement of rail vehicles

Analysis of existing models for financing rail vehicles amongst other in connection with the reorganisation of the RPST...

Investigation concerning the application of alternative financing models for the procurement of rail vehicles

Customer:

Analysis of existing models for financing rail vehicles amongst other in connection with the reorganisation of the RPST following the railway reform; economics and legal feasibility of new financing models.

Fleet strategy for electric rolling stock for regional transport

In order to achieve lasting financing conditions for rolling stock and select a suitable fleet structure, a detailed...

Fleet strategy for electric rolling stock for regional transport

Customer: Financial services company

In order to achieve lasting financing conditions for rolling stock and select a suitable fleet structure, a detailed knowledge of transport market development is necessary. SCI Verkehr analysed the German electrical regional engine market for a financial services company and determined the market requirements for a fair fleet strategy. Analyses of outstanding tenders, dominating company-related and infrastructural parameters, and the existing vehicle fleets marked the starting points.

Economic evaluation of rolling stock

Since vehicles themselves can serve as assets in the financing of railway vehicles, thus making favourable financing...

Economic evaluation of rolling stock

Customer: Financial services company

Since vehicles themselves can serve as assets in the financing of railway vehicles, thus making favourable financing options possible, ascertaining their economic value is extremely important. SCI Verkehr examined the worldwide market for rolling stock in order to determine the benefits, territorial possibilities, and costs related to recycling used railway vehicles. Rail-mounted vehicles of different categories were put to a general LCC/RAM analysis, added by verifying well-known used vehicle transactions. The results were based both on the evaluation of secondary sources and interviews with experts. The study?s objective was a standardized evaluation for assets.

Value stability of goods train locomotives

Assessment of the potential risks a financial service provider is running in connection with the sale and financing of...

Value stability of goods train locomotives

Customer: Financial service provider

Assessment of the potential risks a financial service provider is running in connection with the sale and financing of second-hand goods train locomotives to a Polish railway transport company. Determining the stability of the market value and required additional costs (registration, modernization, etc.) for the continued use of the second-hand vehicles in other areas.

Value analysis of modernized diesel locomotives

Comparative study of new and second-hand vehicles in relation to their rail service and value stability. Assessment of...

Value analysis of modernized diesel locomotives

Customer: Industry

Comparative study of new and second-hand vehicles in relation to their rail service and value stability. Assessment of the potential use and sale of second-hand and modernised diesel locomotives as basis of a value analysis across their life cycle. Provision of the value so determined as asset security for financing.

Value appraisal TRAXX locomotives

SCI Verkehr evaluated the locomotive family TRAXX from Bombardier, with regard to its value stability, for a leasing...

Value appraisal TRAXX locomotives

Customer: Leasing company

SCI Verkehr evaluated the locomotive family TRAXX from Bombardier, with regard to its value stability, for a leasing company. The value appraisal focused on the chances to re-use the locomotives upon expiry of a 10-year leasing contract. By being aware of the demand development and value pattern of the locomotives, the entrepreneurial risk for the lessor can be estimated more accurately and marketable terms for the leasing contracts can be determined building upon these risks.

Value appraisal V100

When a rail construction company became insolvent, SCI Verkehr determined the asset value of a locomotive, and...

Value appraisal V100

Customer: Financial services company

When a rail construction company became insolvent, SCI Verkehr determined the asset value of a locomotive, and ascertained starting points for re-using the vehicle. Alongside the technical valuation of the vehicle, the study focused on the achievable sales revenue in the context of the market development.

Vehicle benchmark and determination of asset value for modern EMUs

On behalf of a rail vehicle manufacturer, SCI Verkehr is appraising the asset value development of multiple units over...

Vehicle benchmark and determination of asset value for modern EMUs

Customer: Private sector

On behalf of a rail vehicle manufacturer, SCI Verkehr is appraising the asset value development of multiple units over their life-cycle within the scope of a vehicle benchmark. The asset value of vehicles in short-distance passenger transport is especially important in the event that further utilisation of the vehicles is necessary once a concession has expired. This has to be considered when the rail vehicle is first purchased. The examination used the ?Asset Value Tool? developed by SCI Verkehr and included both an analysis of the technical vehicle value as well as statements about the possible re-use of the multiple units in the case of further utilisation of the vehicles in Germany and abroad.

Asset value analysis of an insolvent railway transport company

Analysis of the asset values of an insolvent railway transport company by evaluating sales opportunities for used...

Asset value analysis of an insolvent railway transport company

Customer: Financial services company

Analysis of the asset values of an insolvent railway transport company by evaluating sales opportunities for used locomotives and wagons in Germany and abroad as well as their technical stable value for estimating the market value in the event of reuse.

Calculation of the asset value of motor coaches for their financing

Under instruction of the financial service provider, SCI Verkehr prepares a value report for new motor coaches which...

Calculation of the asset value of motor coaches for their financing

Customer: Financial service provider

Under instruction of the financial service provider, SCI Verkehr prepares a value report for new motor coaches which will be funded under a foreign loan and whose asset values serve as security. Therefore, the terms of the loan depend essentially on the stability of the value of these vehicles, which is calculated by means of an "Asset Value Tool" developed by SCI Verkehr.

Value appraisal for diesel locomotives

Within the scope of diesel locomotive financing, SCI Verkehr determined the asset value of a vehicle fleet and...

Value appraisal for diesel locomotives

Customer: Financial services company

Within the scope of diesel locomotive financing, SCI Verkehr determined the asset value of a vehicle fleet and ascertained starting points for their re-use upon expiry of the current transport contract. Alongside the technical valuation of the vehicle, the study focused in particular on the achievable sales revenue in the context of market development.

Asset value analysis for financing modern EMUs

On behalf of a financial credit institution, SCI Verkehr examined the asset value development of electrical multiple...

Asset value analysis for financing modern EMUs

Customer: Financial credit institution

On behalf of a financial credit institution, SCI Verkehr examined the asset value development of electrical multiple units over their entire life-cycle for operation in Eastern Europe. The investigation used "Asset Value Tools" developed by SCI Verkehr and included an analysis of the technical vehicle value as well as statements regarding possible re-usage of the EMUs in Germany and abroad. This took into account current and future Eastern European short-distance passenger transport organisation and operator structures.

Value analysis of a multiple unit family

In view of an upcoming financing agreement, the assets of a multiple unit family were analysed with regards to their...

Value analysis of a multiple unit family

Customer: Financial services provider

In view of an upcoming financing agreement, the assets of a multiple unit family were analysed with regards to their economic value taking into consideration various price levels, existing licenses and technical specifications of other multiple units.

Value analysis of a refurbished main-line diesel locomotive

As a basis for a finance contract for a refurbished main-line diesel locomotive, the latter was analysed with regard to...

Value analysis of a refurbished main-line diesel locomotive

Customer: Financial services provider

As a basis for a finance contract for a refurbished main-line diesel locomotive, the latter was analysed with regard to its economic value. The value analysis comprised the condition of the vehicle, the scope and quality of refurbishment work and a forecast of future demand for locomotives of this class.

Value analysis of additional equipment for passenger coaches

In the context of passenger coach procurement, an operator was often faced with additional costs due to the need to...

Value analysis of additional equipment for passenger coaches

Customer: International credit institute

In the context of passenger coach procurement, an operator was often faced with additional costs due to the need to install additional equipment. On behalf of the credit institute financing this operator?s procurements, SCI Verkehr reviewed the sustainability of these conversion measures and their effects on a possible rise in the asset value.

Refinancing a leasing portfolio

On behalf of a major bank, SCI Verkehr analysed and evaluated the portfolio of a European leasing company and its...

Refinancing a leasing portfolio

Customer: Major European bank

On behalf of a major bank, SCI Verkehr analysed and evaluated the portfolio of a European leasing company and its future profit situation. This concerned refinancing an existing portfolio or a rolling stock portfolio under expansion which comprises locomotives, multiple units, passenger coaches and freight wagons.

Valuation and analysis of used passenger coaches

When financing rail vehicles, the asset value of the vehicle (as collateral security) over its entire useful life is...

Valuation and analysis of used passenger coaches

Customer: International credit institute

When financing rail vehicles, the asset value of the vehicle (as collateral security) over its entire useful life is very important. On behalf of a leasing company SCI Verkehr is therefore analysing the current asset value of used passenger coaches in long-distance travel after being refurbished up to the end of their serviceable life, taking into consideration usage possibilities in Europe. The value analysis serves as the basis for assessing transaction risks and for calculating credit terms.

Analysis of the secondary market for rolling stock in Europe and the CIS

On behalf of a credit institute, SCI Verkehr analysed the secondary market for rolling stock in Europe as well as the...

Analysis of the secondary market for rolling stock in Europe and the CIS

Customer: International credit institute

On behalf of a credit institute, SCI Verkehr analysed the secondary market for rolling stock in Europe as well as the development of values within the scope of risk management. In its expert report SCI Verkehr carried out an assessment by country of the markets for passenger and freight transport in Europe and the CIS, in order to derive the probabilities for potential reuse. With the aid of this market analysis we calculated, analysed and provided the reasons for value reductions in the event of possible reuse.

Valuation of refurbished diesel locomotives

SCI Verkehr compiled a value analysis for used diesel locomotives on behalf of a company which reworks and refurbishes...

Valuation of refurbished diesel locomotives

Customer: Rolling stock refurbishing company

SCI Verkehr compiled a value analysis for used diesel locomotives on behalf of a company which reworks and refurbishes rolling stock. The analysis considers both the vehicle-related conservation of value of the locomotives and the market-related prospects for their sale. As the competitive situation as well as the demand for vehicles of certain power classes are of particular importance for the value stability of assets in rail transport, a comparative consideration of new vehicles was carried out.

Entry into the European leasing market

On behalf of a financial investor, SCI Verkehr analysed the European rail transport market as well as options for...

Entry into the European leasing market

Customer: Financial investor

On behalf of a financial investor, SCI Verkehr analysed the European rail transport market as well as options for entering the European leasing market. SCI Verkehr assisted the company in its market entry by analysing the value developments of potential assets as well as carrying out analyses of goods flows for a selection of suitable assets.

Value analysis of electric locomotives

On behalf of a financing credit institution, SCI Verkehr is examining the asset value development of electric...

Value analysis of electric locomotives

Customer: International credit institute

On behalf of a financing credit institution, SCI Verkehr is examining the asset value development of electric locomotives over their entire life-cycle. The investigation uses the ?Asset Value Tool? developed by SCI Verkehr and includes both an analysis of the technical vehicle value as well as statements about the possible re-use of the locomotives in the case of further utilisation of the vehicles. The impact of different maintenance levels on the value development of the vehicles was also taken into consideration.

Value analysis of double-deck multiple units

On behalf of a financing credit institution, SCI Verkehr is examining the asset value development of electric...

Value analysis of double-deck multiple units

Customer: Financial services provider

On behalf of a financing credit institution, SCI Verkehr is examining the asset value development of electric double-deck multiple units over their entire life-cycle. The investigation uses the ?Asset Value Tool? developed by SCI Verkehr and includes both an analysis of the technical vehicle value as well as statements about the possible re-use of the multiple units in the case of further utilisation of the vehicles. The evaluation is carried out paying particular attention to competition from locomotive-hauled double-deck wagon trains.

Environmental risk assessment of rolling stock financing

SCI Verkehr developed a method for considering environmental criteria when valuating rolling stock. This is especially...

Environmental risk assessment of rolling stock financing

Customer: Allianz pro Schiene e.V.

SCI Verkehr developed a method for considering environmental criteria when valuating rolling stock. This is especially important for credit providers for the purpose of performing risk assessments when financing rolling stock. The method was developed within the scope of a project of the Federal Ministry of the Environment for Allianz pro Schiene e.V. in cooperation with HSH Nordbank and IZT in Berlin.

Valuation system for rolling stock financing

SCI Verkehr supported a major European bank specialising in investments in rail transport in developing/modifying a...

Valuation system for rolling stock financing

Customer: Specialised commercial bank

SCI Verkehr supported a major European bank specialising in investments in rail transport in developing/modifying a valuation tool used for the valuation of assets as collateral security when granting loans. Both vehicle-related and market parameters were integrated in the valuation and a valuation tool developed in 2004 by SCI Verkehr was revised and improved.

Potential of the leasing business in the European rail transport market

On behalf of an Asian conglomerate SCI Verkehr is analysing the development of the rail transport markets in Eastern...

Potential of the leasing business in the European rail transport market

Customer: Asian conglomerate

On behalf of an Asian conglomerate SCI Verkehr is analysing the development of the rail transport markets in Eastern and Western Europe. The project focuses on identifying market potential in the leasing business and developing a market-entry strategy.

Development of generally applicable value curves for rolling stock portfolio assessment

On behalf of an international credit institute, SCI Verkehr analysed the value development of rolling stock over their...

Development of generally applicable value curves for rolling stock portfolio assessment

Customer: International credit institute

On behalf of an international credit institute, SCI Verkehr analysed the value development of rolling stock over their entire useful life. In the project we defined individual asset categories in the field of passenger vehicles and locomotives using an analysis of demand from the client, and building upon this we developed generally applicable value curves for an internal portfolio assessment. To do this we used an evaluation of future demand for rolling stock in Europe.

Assessment of business plan and portfolio of a leasing company

On behalf of an international bank consortium, SCI Verkehr critically analysed the business plan of a leasing company....

Assessment of business plan and portfolio of a leasing company

Customer: International bank consortium

On behalf of an international bank consortium, SCI Verkehr critically analysed the business plan of a leasing company. For this purpose we performed an extensive asset value analysis of the diesel locomotives in the portfolio. As well as a comprehensive analysis of the future demand, we also conducted an assessment of launching newly developed diesel locomotives.

Analysis and forecast of price development for passenger vehicles in Europe

On behalf of an international leasing company, SCI Verkehr identified, evaluated and verified by means of expert...

Analysis and forecast of price development for passenger vehicles in Europe

Customer: International leasing company

On behalf of an international leasing company, SCI Verkehr identified, evaluated and verified by means of expert interviews the key factors (especially the manufacturer landscape) influencing the development of the price of rail passenger vehicles. We then forecast the price development for the period 2008?2012 and derived scenarios for the period 2012?2017. Using the results, SCI was able to provide the client with relevant recommendations for future action.

Consultancy support for an acquisition in the rolling stock leasing segment

SCI Verkehr supported an Asian conglomerate in the acquisition of a suitable target in the European leasing business....

Consultancy support for an acquisition in the rolling stock leasing segment

Customer: Asian conglomerate

SCI Verkehr supported an Asian conglomerate in the acquisition of a suitable target in the European leasing business. For this purpose, SCI Verkehr analysed the development of the leasing and rail transport markets in Eastern and Western Europe, examined and evaluated selected companies with regard to their assets as well as market and competitive positioning and forecast the future business development to be expected for the individual targets. SCI Verkehr supported the company in the preparatory measures for a due diligence as well as in the due diligence itself.

Market and leasing rate forecast within the scope of the acquisition of a leasing company

To support an acquisition by a large European leasing company, SCI Verkehr forecast the future development of the...

Market and leasing rate forecast within the scope of the acquisition of a leasing company

Customer: Financial investor

To support an acquisition by a large European leasing company, SCI Verkehr forecast the future development of the leasing market in Europe and the leasing rates to be expected. The individual assets were evaluated with regard to their future positioning in the market. Furthermore, SCI Verkehr carried out a forecast of the general market development and competitive situation for rolling stock leasing in Europe. Using the tried-and-tested market and leasing rate forecasts from SCI Verkehr, the investor was able to estimate the portfolio of the leasing company and thus key elements of the target?s market value.

Market prospects and competitive situation in locomotive leasing

In order to broaden its service portfolio, SCI Verkehr analysed the competitive situation and market prospects in the...

Market prospects and competitive situation in locomotive leasing

Customer: International credit institute

In order to broaden its service portfolio, SCI Verkehr analysed the competitive situation and market prospects in the European market for operate leasing of locomotives on behalf of an international leasing company. To determine the market demand SCI Verkehr examined national and international transport flows in rail freight transport, differentiated by important types of freight suited for transportation by railway. On this basis, SCI Verkehr derived the current and future demand for locomotives differentiated by type of traction, power systems and national packages. Taking into consideration the competitive environment, SCI Verkehr determined an optimum fleet structure for a leasing pool.

Value appraisal for new rail vehicles in the LRV and rail freight transport segments

Within the scope of this project, SCI Verkehr analysed two different vehicle types (trams and car carrier wagons) as...

Value appraisal for new rail vehicles in the LRV and rail freight transport segments

Customer: Financial services provider

Within the scope of this project, SCI Verkehr analysed two different vehicle types (trams and car carrier wagons) as potential financing objects with regard to economic value and reuse potential. In the examination of the LRV vehicle SCI Verkehr focused on remarketing as a leasing object, whereas for car carrier wagons the assessment of the manufacturer and vehicle concept was at the forefront.

Discount cash flow (DCF) evaluation of the locomotive fleet of a leasing company

SCI Verkehr evaluated the portfolio of a leasing company on behalf of a potential investor. For this purpose, it...

Discount cash flow (DCF) evaluation of the locomotive fleet of a leasing company

Customer: Financial investor

SCI Verkehr evaluated the portfolio of a leasing company on behalf of a potential investor. For this purpose, it compiled a forecast of the future leasing revenues of the locomotive fleet for the next 30 years on the basis of market expectations and, using a discount cash flow (DCF) evaluation, the value of the assets/leasing company was ascertained.

Market analysis of the European railway market

In order to develop a strategy process for an international financing company, SCI Verkehr analysed the present and...

Market analysis of the European railway market

Customer: International financing company

In order to develop a strategy process for an international financing company, SCI Verkehr analysed the present and future of the European railway market. This extensive study focused on identifying demand potential for vehicle financing and rolling stock leasing in rail passenger and freight transport in the leading European markets. The report additionally includes up-to-date market information about transport markets, important transport and leasing companies and the vehicle industry.

Asset valuation of diesel locomotives

For the issuing of a railway fund, SCI Verkehr analysed market prices, rental rates and asset values of a potential...

Asset valuation of diesel locomotives

Customer: Financing company

For the issuing of a railway fund, SCI Verkehr analysed market prices, rental rates and asset values of a potential vehicle pool for new and used diesel locomotives on behalf of an international financing company. The analysis was made with the aid of a valuation approach which combines market and technical influence factors and in doing so takes into consideration the reutilisation of the vehicles.

Asset valuation EMUs

As a basis for the decision concerning the financing of rolling stock for operation in German regional rail transport,...

Asset valuation EMUs

Customer: National credit institute

As a basis for the decision concerning the financing of rolling stock for operation in German regional rail transport, SCI Verkehr evaluated the value development of EMUs over their entire useful life. As well as an analysis of the technical vehicle value with the aid of the SCI Asset Value Tool, this expert report focused on identifying secondary markets for the vehicles beyond the year 2020. This was done with the aid of an analysis of planned tenders in regional rail transport in Germany and in other attractive secondary markets.

Evaluation of the leasing market for locomotives in Southern Europe

On behalf of a financial investor, SCI Verkehr analysed and evaluated the Southern European leasing market for...

Evaluation of the leasing market for locomotives in Southern Europe

Customer: Financial investor

On behalf of a financial investor, SCI Verkehr analysed and evaluated the Southern European leasing market for locomotives. In addition to a fleet analysis and competitive situation, a forecast of future demands was carried out and used to derive a business recommendation for the portfolio organisation of a locomotive pool.

The Russian railway market

On behalf of an international leasing company, SCI Verkehr analysed the transport-related, legal and political...

The Russian railway market

Customer: Leasing company

On behalf of an international leasing company, SCI Verkehr analysed the transport-related, legal and political conditions in the Russian railway market. The study focused on the positions and strategies of the Russian state railway RZD, its most important supplier Transmashholding and the providers active in the Russian market for rolling stock leasing.

Value analysis of modern electric locomotives for operation in Europe

On behalf of an international leasing company, SCI Verkehr assessed the asset value development of electric...

Value analysis of modern electric locomotives for operation in Europe

Customer: International leasing company

On behalf of an international leasing company, SCI Verkehr assessed the asset value development of electric multi-system locomotives over their lifecycle. The examination used the ?Asset Value Tool? developed by SCI Verkehr and included both an analysis of the technical vehicle value as well as statements about the possible re-use of the locomotives in other countries. The expert appraisal was complemented by a detailed analysis of various types of vehicle with different power systems and country packages and a price benchmark for modern electric locomotives.

Value analysis of used DMUs

For an international financing company SCI Verkehr analysed the current vehicle value and future value development of...

Value analysis of used DMUs

Customer: International financing company

For an international financing company SCI Verkehr analysed the current vehicle value and future value development of used DMUs. The examination was carried out using an analysis of future tenders in the German commuter transport market.

Value analysis for fully refurbished diesel shunting locomotives

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performed a value analysis of...

Value analysis for fully refurbished diesel shunting locomotives

Customer: Leasing company

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performed a value analysis of diesel shunting locomotives. This concerned fully refurbished locomotives of various power classes.

Price and margin analysis of Eastern European locomotive manufacturers 1996?2008

For a potential court procedure the client required an expert appraisal to determine the profits lost from non-realised...

Price and margin analysis of Eastern European locomotive manufacturers 1996?2008

Customer: Slovakian industrial company

For a potential court procedure the client required an expert appraisal to determine the profits lost from non-realised contractual relationships. For this purpose, SCI Verkehr identified and analysed the prices and margins of comparable products and projects. The objective was to make an estimate based on the researched data of the profits lost by the client under standard market conditions.

Value analysis of mainline diesel locomotives

For a national credit institute SCI Verkehr analysed the new vehicle development for internationally operable mainline...

Value analysis of mainline diesel locomotives

Customer: National credit institute

For a national credit institute SCI Verkehr analysed the new vehicle development for internationally operable mainline diesel locomotives. This brief expert appraisal focused on assessing the current vehicle value by means of a price benchmark with competing products.

Value analysis of modern EMUs

On behalf of a vehicle leasing company, SCI Verkehr analysed the value development of modern EMUs over their lifecycle....

Value analysis of modern EMUs

Customer: Financing institute

On behalf of a vehicle leasing company, SCI Verkehr analysed the value development of modern EMUs over their lifecycle. The valuation was carried out with the aid of the asset value tool developed by SCI Verkehr, taking into account the reuse potential of the vehicles during and at the end of a commuter transport franchise in Germany and Europe.

Value analysis of a track laying machine

On behalf of a leasing company, SCI Verkehr assessed the current value of a used track laying machine. The analysis...

Value analysis of a track laying machine

Customer: Financing company

On behalf of a leasing company, SCI Verkehr assessed the current value of a used track laying machine. The analysis took into consideration a vehicle benchmark of comparable new vehicles and an estimate of potential secondary markets in Germany and abroad.

Value appraisal for used rolling stock in passenger transport

A European railway company intended to sell its surplus rolling stock to an investor. The rolling stock consisted of...

Value appraisal for used rolling stock in passenger transport

Customer: Investment company

A European railway company intended to sell its surplus rolling stock to an investor. The rolling stock consisted of highly differentiated vehicle types for passenger transport of a wide range of ages. SCI Verkehr was commissioned by a potential investor to perform an estimate of the current market value of this fleet and its individual asset groups.

Method to determine the loss given default for financing rolling stock

In order to fulfil the Basel II criteria for financing rolling stock, determining the loss given default (LGD) is a key...

Method to determine the loss given default for financing rolling stock

Customer: International bank

In order to fulfil the Basel II criteria for financing rolling stock, determining the loss given default (LGD) is a key aspect. The LGD reflects the risk in the event of a loan default which is the result of the difference between the market value and the collateral security of an asset. In turn, this determines the necessary equity ratio that the financier has to pledge according to Basel II. In developing a method to determine the LGD, SCI Verkehr assists an international banking house and first of all carries out a prototypical application for one asset class within the scope of a feasibility study.

Current value appraisal for used freight transport locomotives

On behalf of an international banking house, SCI Verkehr rendered an expert opinion for electric freight transport...

Current value appraisal for used freight transport locomotives

Customer: International banking house

On behalf of an international banking house, SCI Verkehr rendered an expert opinion for electric freight transport locomotives intended for operation in Germany and France and compiled a current value appraisal. In addition to a technical appraisal of the vehicles, SCI Verkehr analysed the maintenance concept and the definition of key figures to determine penalties in the event of excessive wear on the vehicles.

Price and leasing analysis for locomotives and multiple units

For an international banking institute, SCI Verkehr analysed the development of new prices and the leasing and rental...

Price and leasing analysis for locomotives and multiple units

Customer: International banking institute

For an international banking institute, SCI Verkehr analysed the development of new prices and the leasing and rental rates for locomotives and multiple units over a period of ten years. The information was required within the scope of an internal rating tool. For the analysis, SCI Verkehr uses the SCI railway technology database with more than 20,000 rolling stock datasets. As the market for rolling stock leasing is only in the early stages and data is not always available, SCI Verkehr supplemented the figures with qualitative estimates.

Asset valuation of rolling stock portfolio of a leasing company

For the purpose of refinancing the rolling stock portfolio of a leasing company, SCI Verkehr assesses the future value...

Asset valuation of rolling stock portfolio of a leasing company

Customer: International financial investor

For the purpose of refinancing the rolling stock portfolio of a leasing company, SCI Verkehr assesses the future value development of the rolling stock against the background of the transport market development, the resulting possibilities for vehicle reutilisation and the leasing rates achievable in the market. As these are fungible standard vehicles, a discount cash flow (DCF) approach is applied, using a critical appraisal of the expected market conditions.

Method to determine the loss given default for financing rolling stock

In order to fulfil the Basel II criteria for financing rolling stock, determining the loss given default (LGD) was a...

Method to determine the loss given default for financing rolling stock

Customer: International bank

In order to fulfil the Basel II criteria for financing rolling stock, determining the loss given default (LGD) was a key aspect. The LGD reflects the risk in the event of a loan default, which is the result of the difference between the market value and the collateral security of an asset. In turn, this determines the necessary equity ratio that the financier has to pledge according to Basel II. In developing a method to determine the LGD, SCI Verkehr supported an international banking house and first of all carried out a prototypical application for one asset class within the scope of a feasibility study.

Value analysis for fully refurbished diesel shunting locomotives

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performed a value analysis of...

Value analysis for fully refurbished diesel shunting locomotives

Customer: Leasing company

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performed a value analysis of diesel shunting locomotives. Specifically, these were former locomotives of the German federal railway which were converted and fully refurbished at the Alstom plant in Stendal.

Valuation of future leasing rates for rolling stock

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performed a regular analysis of...

Valuation of future leasing rates for rolling stock

Customer: Leasing company

On behalf of a leasing company already active in the rolling stock segment, SCI Verkehr performed a regular analysis of the leasing revenues expected for the entire vehicle portfolio. Depending on the fleet structure and the market demand expected, the leasing revenues and downtimes of the vehicles were assessed. These served as the foundation for the business plan.

Reviewing the assumptions of a valuation system for rolling stock

On behalf of an international credit institute, SCI Verkehr investigated the assumptions of an existing valuation...

Reviewing the assumptions of a valuation system for rolling stock

Customer: International credit institute

On behalf of an international credit institute, SCI Verkehr investigated the assumptions of an existing valuation system for rolling stock against the background of the regular "Basel 2" valuation. SCI Verkehr also assessed the potential effects of the financial crisis on the current and future asset values of the rolling stock.

Value development of a rolling stock portfolio

On behalf of an international financing company, SCI Verkehr analysed the value development of a rolling stock...

Value development of a rolling stock portfolio

Customer: International financing company

On behalf of an international financing company, SCI Verkehr analysed the value development of a rolling stock portfolio within the last three years including a look ahead to the next three years. The results form the basis for a routine assessment of the assets based on the legal requirements in accordance with Basel II.

Valuation of DMUs

In order to calculate an offer price for a rolling stock transaction, SCI Verkehr determined the value development of a...

Valuation of DMUs

Customer: Leasing and financing company

In order to calculate an offer price for a rolling stock transaction, SCI Verkehr determined the value development of a DMU for operation in the German commuter rail segment. The expert report encompasses an analysis of the vehicle prices, a benchmark of competitor products and an overview of the future opportunities for reuse in Germany and Europe.

Support in developing a valuation system for rolling stock

On behalf of an internationally active credit institute, SCI Verkehr analysed the price development of new locomotives,...

Support in developing a valuation system for rolling stock

Customer: International credit institute

On behalf of an internationally active credit institute, SCI Verkehr analysed the price development of new locomotives, multiple units and passenger coaches in the European market with the aid of the SCI railway technology database. In addition, SCI performed an analysis of the used vehicle market for these vehicle categories. The information was used by the client to calculate and validate internal value reductions within the scope of an asset valuation system.

Valuation of single- and double-deck EMUs

On behalf of a rolling stock manufacturer, SCI Verkehr analysed one single-deck and one double-deck EMU from its...

Valuation of single- and double-deck EMUs

Customer: Vehicle manufacturer

On behalf of a rolling stock manufacturer, SCI Verkehr analysed one single-deck and one double-deck EMU from its portfolio with regard to their value development. SCI Verkehr evaluated the specific field of operation of the vehicles as well as potential secondary markets in Europe in the event of reuse.

Analysis of the European market for rolling stock leasing

For an internationally active leasing company, SCI Verkehr analysed the European market for rolling stock leasing in...

Analysis of the European market for rolling stock leasing

Customer: International leasing company

For an internationally active leasing company, SCI Verkehr analysed the European market for rolling stock leasing in the freight transport segment. SCI Verkehr examined important national markets and the key European players in rail freight transport and the leasing market for locomotives and freight wagons. The analysis also included the effects of the current financial and economic crisis on the development of demand in the rail freight transport sector.

Value analysis of new DMUs and EMUs for operation in the German commuter rail market

On behalf of an international credit institute, SCI Verkehr assessed the value developments of DMUs and EMUs for...

Value analysis of new DMUs and EMUs for operation in the German commuter rail market

Customer: International credit institute

On behalf of an international credit institute, SCI Verkehr assessed the value developments of DMUs and EMUs for operation in the German commuter rail market. SCI Verkehr analysed both technical aspects, such as maintenance condition and refurbishment costs, as well as the opportunities for reuse in the European market, in particular once the franchise expires.

Valuation of freight wagons

For a leasing company, SCI Verkehr analysed the asset value development of sliding wall freight wagons (Habbiins-16)...

Valuation of freight wagons

Customer: Leasing company

For a leasing company, SCI Verkehr analysed the asset value development of sliding wall freight wagons (Habbiins-16) and bulk freight wagons (Falns) over their entire lifecycle. In addition to the analysis of the technical vehicle values, the expert report also included statements concerning a possible reuse of the freight wagons.

Valuation of single-deck EMUs

On behalf of a leasing company, SCI Verkehr assessed the value development of a new EMU in the German market. In...

Valuation of single-deck EMUs

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr assessed the value development of a new EMU in the German market. In particular, SCI Verkehr analysed future franchises for electrified commuter rail networks as potential second markets for reuse, as well as performing a comparative assessment of the asset value method and DCF method using the example of a current tender.

Valuation of a leasing company?s portfolio

As a consequence of the current financial and economic crisis, SCI Verkehr carried out a portfolio revaluation for a...

Valuation of a leasing company?s portfolio

Customer: International credit institute

As a consequence of the current financial and economic crisis, SCI Verkehr carried out a portfolio revaluation for a large leasing company for electric and diesel locomotives, multiple units and freight wagons. To do so, SCI Verkehr adapted an existing asset valuation to the current market situation and compiled a comprehensive accompanying market report. The results form the basis for the company?s future strategic direction.

Asset valuation of a diesel locomotive portfolio

On behalf of an international financing company, SCI Verkehr analysed the current value of a diesel locomotive...

Asset valuation of a diesel locomotive portfolio

Customer: International financing company

On behalf of an international financing company, SCI Verkehr analysed the current value of a diesel locomotive portfolio using the capitalised earnings method. SCI Verkehr analysed the current and expected lease rates and new vehicle prices, as well as costs for maintenance and general inspection.

Value analysis of track reconstruction trains

On behalf of an internationally active track construction company, SCI Verkehr assessed the value development of one...

Value analysis of track reconstruction trains

Customer: Internationally active track construction company

On behalf of an internationally active track construction company, SCI Verkehr assessed the value development of one new and one used track reconstruction train in the German market. The analysis took into consideration a vehicle benchmark of comparable new vehicles and an estimate of potential secondary markets in Germany and abroad.

Railway Technology 2009 - 2014

On behalf of an international credit institute, SCI Verkehr analysed an existing valuation model for rolling stock. The...

Railway Technology 2009 - 2014

Customer: International credit institute

On behalf of an international credit institute, SCI Verkehr analysed an existing valuation model for rolling stock. The review took place with the aid of a general plausibility check of the input parameters as well as a calculation of the most important asset categories in the leasing company?s vehicle portfolio. The results of the valuation model were checked for plausibility using SCI?s internal valuation model and a number of potentials for improvement were identified.

Adjustment of assessment model for rolling stock

On behalf of an international credit institute, SCI Verkehr investigated the assumptions of an existing valuation...

Adjustment of assessment model for rolling stock

Customer: International financing company

On behalf of an international credit institute, SCI Verkehr investigated the assumptions of an existing valuation system for rolling stock against the background of the regular "Basel 2" valuation. The review concerned the current and future situation in freight and passenger transport, as well as an assessment of the effects on the rolling stock asset values.

Value appraisal for EMUs

On behalf of a leasing company, SCI Verkehr assessed the value development of a new EMU in the German market. In...

Value appraisal for EMUs

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr assessed the value development of a new EMU in the German market. In addition to analysing the technical vehicle values, we also identified, analysed and rated potential reuse scenarios for the EMUs. The results were used to generate a market value curve.

Comparison of the value stability of commuter rail vehicles using an asset value analysis and cash flow analysis for financing the assets

Due to the various vehicle concepts and licenses, there are different opportunities for reuse for commuter rail...

Comparison of the value stability of commuter rail vehicles using an asset value analysis and cash flow analysis for financing the assets

Customer: Rolling stock manufacturer

Due to the various vehicle concepts and licenses, there are different opportunities for reuse for commuter rail vehicles. For the asset financing, SCI Verkehr analysed several vehicles with regard to their value stability. We analysed both single-deck and double-deck vehicles against the background of the expected tenders in the years 2022-2026 (once the first franchises expire). In addition to an asset value analysis, we also used a cash flow analysis for leasing the vehicles.

Value appraisal for low-floor wagons and accompanying coaches of a "rolling road"

On behalf of the operator of a "rolling road", SCI Verkehr performed two value appraisals prior to the procurement of...

Value appraisal for low-floor wagons and accompanying coaches of a "rolling road"

Customer: Rolling road operator

On behalf of the operator of a "rolling road", SCI Verkehr performed two value appraisals prior to the procurement of new vehicles: for the financing of special-purpose low-floor wagons and accompanying coaches for the "rolling road", SCI Verkehr assessed their economic value and chances of reuse. While the low-floor wagons could be used on other rolling road routes as well, for the accompanying coaches the conversion to couchette coaches was one of the possible scenarios for reuse.

Value appraisal of refurbished diesel shunting locomotives

On behalf of a leasing company, SCI Verkehr performed a value appraisal for refurbished diesel shunting locomotives. In...

Value appraisal of refurbished diesel shunting locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr performed a value appraisal for refurbished diesel shunting locomotives. In doing so, we took into consideration the significant drop in rail freight transport as a result of the global economic and financial crisis as well as the current price development for second-hand rolling stock.

Asset analysis of DMUs

On behalf of a globally active financing company for rolling stock, SCI Verkehr analysed the asset value development of...

Asset analysis of DMUs

Customer: International financing company

On behalf of a globally active financing company for rolling stock, SCI Verkehr analysed the asset value development of modern DMUs for cross-border operation in Germany and the Netherlands. The report compiled served as the basis for risk assessment for vehicle financing and also took into consideration the agreed return terms for the vehicles.

Asset analysis of multisystem railcars

On behalf of an international rolling stock manufacturer, SCI Verkehr analysed the asset value development of modern...

Asset analysis of multisystem railcars

Customer: Rolling stock manufacturer

On behalf of an international rolling stock manufacturer, SCI Verkehr analysed the asset value development of modern multisystem railcars. The report compiled served as the basis for vehicle financing and included key statements concerning technical characteristics, service and maintenance and about the possible reuse of the EMUs.

Analysis of the potential of reusing double-deck coaches

On behalf of an international leasing company, SCI Verkehr evaluates the possible reuse of double-deck coaches in local...

Analysis of the potential of reusing double-deck coaches

Customer: International leasing company

On behalf of an international leasing company, SCI Verkehr evaluates the possible reuse of double-deck coaches in local rail transport in Germany and other European countries. This project includes an in-depth analysis of potential local rail transport tenders as well as the transport authorities? specific requirements in terms of operating used vehicles in future transport tenders.

Analysis of the potential of reusing heavy diesel locomotives

The project aims the support of an international leasing company in searching possibilities for the reuse of used...

Analysis of the potential of reusing heavy diesel locomotives

Customer: International leasing company

The project aims the support of an international leasing company in searching possibilities for the reuse of used six-axle diesel locomotives. SCI Verkehr developed a market overview on the distribution and the structure of the diesel locomotive fleet in Europe and identified possible interview partners for a direct sales approach in a second step.

Value analysis of six-axle mainline diesel locomotives

On behalf of a leasing company, SCI Verkehr analysed six-axle diesel locomotives currently in operation with regard to...

Value analysis of six-axle mainline diesel locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr analysed six-axle diesel locomotives currently in operation with regard to their possible remaining value. For this purpose, SCI Verkehr considered the operation history of the locomotives and their maintenance and operational field and assessed the LCC and the required refurbishment expenditures following the third inspection.

Value analysis of local rail transport multiple units

On behalf of a regional credit institute, SCI Verkehr assessed the value developments of double-deck EMUs and DMUs for...

Value analysis of local rail transport multiple units

Customer: National credit institute

On behalf of a regional credit institute, SCI Verkehr assessed the value developments of double-deck EMUs and DMUs for operation in the German local rail transport market. The main focus was on analysing the realistic valuation of the reuse of the rolling stock during and after the concession in Germany and Europe. The value developments were determined with the aid of the SCI Asset Value Tool for rolling stock.

Reassessment of a leasing portfolio

On behalf of an international bank, SCI Verkehr has reassessed a rail vehicle portfolio. For the processing of the...

Reassessment of a leasing portfolio

Customer: International bank

On behalf of an international bank, SCI Verkehr has reassessed a rail vehicle portfolio. For the processing of the project, SCI Verkehr reassessed the current market situation in European passenger and freight transport in as well as the prospects for the leasing of locomotives, freight wagons and passenger coaches. The profit expectations in the years to come have been included in the discounted cash flow analysis of the portfolio.

Revision and amendment of a valuation tool for rail vehicles

On behalf of an international bank, SCI Verkehr has revised an internal valuation tool for rail vehicles which is...

Revision and amendment of a valuation tool for rail vehicles

Customer: International bank

On behalf of an international bank, SCI Verkehr has revised an internal valuation tool for rail vehicles which is applicable around the world to determine a secure asset value. The focus has been on the integration and analysis of the current market situation and its impact on the asset value of the vehicles with the aid of a market factor. The value development determined has subsequently been verified with the current reference transactions. In addition, SCI performed an analysis of used vehicle transactions as well as insolvencies of railway operators.

Value appraisal of used trams

Within the scope of this project, SCI Verkehr analysed used refurbished trams as potential financing objects with...

Value appraisal of used trams

Customer: Financial service provider

Within the scope of this project, SCI Verkehr analysed used refurbished trams as potential financing objects with regard to economic value and re-use potential. In the examination of the LRV vehicles SCI Verkehr presented the value development over the course of time. SCI Verkehr also evaluated the results of the refurbishment measures taken and the (re-)marketing possibilities of the vehicles as well as the costs resulting from this.

Value appraisal of three-axle diesel shunting locomotives

On behalf of a leasing company, SCI Verkehr analysed new three-axle diesel shunting locomotives with regard to their...

Value appraisal of three-axle diesel shunting locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr analysed new three-axle diesel shunting locomotives with regard to their possible remaining value. For this purpose, the possible use of the locomotives and the advantages of the product in terms of LCC and emission values with regard to a possible reuse have been taken into consideration.

Value development of heavy shunting locomotives

On behalf of an international financing company, SCI Verkehr has analysed the value development of heavy shunting...

Value development of heavy shunting locomotives

Customer: International financing company

On behalf of an international financing company, SCI Verkehr has analysed the value development of heavy shunting locomotives. The analysis includes the current price development for new vehicles, the rental and leasing rate development as well as required reserves for heavy maintenance. The project results are the basis for a vehicle evaluation in relation to risk management.

Short assessment of innovative freight wagons

On behalf of a financier, SCI Verkehr conducts a short assessment of innovative freight wagons. Focus of assessment...

Short assessment of innovative freight wagons

Customer: Credit institute

On behalf of a financier, SCI Verkehr conducts a short assessment of innovative freight wagons. Focus of assessment according to the DRC method is put on the deployment concept and possible reutilisation of the wagons

Valuation report of a used DMU fleet

On behalf of a passenger transport operator, SCI Verkehr appraises the current vehicle value and future performance of...

Valuation report of a used DMU fleet

Customer: Transport company

On behalf of a passenger transport operator, SCI Verkehr appraises the current vehicle value and future performance of used DMUs. Appraisal is conducted by means of the cost-based DRC method. Special focus is put on defining realistic scenarios to reuse the fleets. Moreover, technical condition assessment will be carried out by an expert.

Asset evaluation heavy mainline diesel locomotives

On behalf of an active leasing company, SCI Verkehr assesses four heavy mainline diesel locomotives. Valuation was...

Asset evaluation heavy mainline diesel locomotives

Customer: International leasing company

On behalf of an active leasing company, SCI Verkehr assesses four heavy mainline diesel locomotives. Valuation was based on the income-based DCF method as well as a supply and demand analysis in France and the Iberian Peninsula.

Vehicle assessment rail freight fleet

On behalf of a refinancing bank, SCI Verkehr ascertains the current vehicle value of a rail freight fleet. Value...

Vehicle assessment rail freight fleet

Customer: International bank

On behalf of a refinancing bank, SCI Verkehr ascertains the current vehicle value of a rail freight fleet. Value assessment of these vehicles operated on the Iberian Peninsula is built on the cost-based DRC assessment approach and considers results of a supply and demand analysis of locomotives and freight wagons.

Due diligence support rolling stock assessment Eastern Europe

In the context of a due diligence of an Eastern European rail freight transport operator, SCI Verkehr assesses...

Due diligence support rolling stock assessment Eastern Europe

Customer: European freight transport company

In the context of a due diligence of an Eastern European rail freight transport operator, SCI Verkehr assesses locomotives and freight wagons by means of the cost-based DRC method. For this purpose, an analysis of rail freight markets relevant to these types of rolling stock is conducted. Given the fleet’s high average age, special focus is put on accurately evaluating older used vehicles.

Assessment of steel transport wagons in continental Europe

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new steel transport wagons. Assessment is...

Assessment of steel transport wagons in continental Europe

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new steel transport wagons. Assessment is based on the DCF and the DRC method considering the particular supply and demand situation.

Rolling stock assessment diesel locomotives

SCI Verkehr prepared a valuation report of two different diesel locomotive models. The assessed vehicles for the...

Rolling stock assessment diesel locomotives

Customer: Rolling stock manufacturer

SCI Verkehr prepared a valuation report of two different diesel locomotive models. The assessed vehicles for the European market are standard type series to be delivered in a particular country configuration. Valuation was conducted by means of the cost-based DRC method based on a supply-and-demand analysis.

Assessment of a vehicle platform by means of DRC and DCF methods

On behalf of a financier, SCI Verkehr assesses a new vehicle platform. This is carried out by means of the cost-based...

Assessment of a vehicle platform by means of DRC and DCF methods

Customer: Financier

On behalf of a financier, SCI Verkehr assesses a new vehicle platform. This is carried out by means of the cost-based DRC method as well as based on the income-based DCF calculation. Besides technical features, possible applications of the vehicles are assessed.

Determining residual value of a railcar fleet

On behalf of a leasing company, SCI Verkehr determines the residual value of different types of rolling stock of a...

Determining residual value of a railcar fleet

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr determines the residual value of different types of rolling stock of a railcar fleet. Hereby, possibilities of reusing as well as options to modernise the rolling stock are assessed.

Valuation input and appraisal of buses and trucks

On behalf of a refinancing bank, SCI Verkehr determines write-downs and market prices of buses and trucks in various...

Valuation input and appraisal of buses and trucks

Customer: International banking group

On behalf of a refinancing bank, SCI Verkehr determines write-downs and market prices of buses and trucks in various market regions such as Europe, North America and Asia. The project comprises determinations of write-downs for market depth, market price fluctuations and expected utilisation costs as well as a proper valuation of new and used vehicles.

Valuation of a freight wagon portfolio

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio based on both the DCF approach as well as the...

Valuation of a freight wagon portfolio

Customer: Freight wagon investor

On behalf of an investor, SCI Verkehr appraised a freight wagon portfolio based on both the DCF approach as well as the DRC approach, i.e. based on revenue as well as replacement costs of the fleet.

Assessment of a European leasing fleet

SCI Verkehr assesses the current and future market value of a large European leasing fleet in Central Europe and Great...

Assessment of a European leasing fleet

Customer: Rolling Stock Leasing Company

SCI Verkehr assesses the current and future market value of a large European leasing fleet in Central Europe and Great Britain. Assessment is conducted by means of the income-based DCF valuation approach and entails a detailed documentation of valuation method, input parameters, market description and valuation results.

Valuation European locomotive portfolio

On behalf of a leading European lessor of locomotives, SCI Verkehr carries out an annual fleet assessment of the...

Valuation European locomotive portfolio

Customer: European lessor of locomotives

On behalf of a leading European lessor of locomotives, SCI Verkehr carries out an annual fleet assessment of the existing fleet and new procurements. Assessment is conducted by taking into account the cost-based DRC method.

Fleet assessment passenger and freight transport vehicles

On behalf of a leading European lessor of passenger vehicles and locomotives, SCI Verkehr determines the current market...

Fleet assessment passenger and freight transport vehicles

Customer: International rental company

On behalf of a leading European lessor of passenger vehicles and locomotives, SCI Verkehr determines the current market value of the fleet. Valuation is conducted by taking into account the income-based DCF method and includes current market developments.

Valuation of a fleet of steel wagons

On behalf of a Central European rail freight operator, SCI Verkehr assesses the current market value of the freight...

Valuation of a fleet of steel wagons

Customer: International rail freight operator

On behalf of a Central European rail freight operator, SCI Verkehr assesses the current market value of the freight wagon fleet. SCI Verkehr uses a cost-based DRC approach to determine the fair market value.The project includes a comprehensive report which deals with the asset valuation and the current market situation in detail.

Assessment of open wagons in Central Europe

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new open wagons. The assessment by means of...

Assessment of open wagons in Central Europe

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new open wagons. The assessment by means of the DCF and DRC methods takes into account the wagon-specific supply and demand situation.

Workshop for investment decision electric locomotives

On behalf of a potential investor in the locomotive business, SCI Verkehr carries out a workshop discussing benefits...

Workshop for investment decision electric locomotives

Customer: Financial investor

On behalf of a potential investor in the locomotive business, SCI Verkehr carries out a workshop discussing benefits and disadvantages as well as value and secondary marketing opportunities of the assets.

Annual update for asset assessment of multi-system locomotives

On behalf of financer, SCI Verkehr assesses new multi-system locomotives for cross-border transport in Europe by means...

Annual update for asset assessment of multi-system locomotives

Customer: European banking company

On behalf of financer, SCI Verkehr assesses new multi-system locomotives for cross-border transport in Europe by means of a cost-based DRC analysis in the context of an annual update.

Assessment of pocket wagons in Europe

On behalf of a freight wagon lessor, SCI Verkehr carries out vehicle assessment by means of the income-based DCF method...

Assessment of pocket wagons in Europe

Customer: International freight wagon lessor

On behalf of a freight wagon lessor, SCI Verkehr carries out vehicle assessment by means of the income-based DCF method in the context of an internal asset transfer of used pocket wagons in Europe. For this purpose, SCI Verkehr analyses leasing rates and the general supply and demand situation of comparable wagons.

Update assessment of market value of multi-system locomotives

In the context of the project, SCI Verkehr assesses the current market value of electric multi-system locomotives in...

Update assessment of market value of multi-system locomotives

Customer: European rail freight operator

In the context of the project, SCI Verkehr assesses the current market value of electric multi-system locomotives in Central Europe. Valuation is conducted by means of a cost-based and an income-based evaluation approach. In the context of determining the market values, special focus is given to the consideration of the secondary market.

Assessment of tank wagons in Continental Europe

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new mineral oil and chemical tank wagons....

Assessment of tank wagons in Continental Europe

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new mineral oil and chemical tank wagons. Assessment of the wagons by means of the DCF and DRC methods takes into consideration the wagon-specific supply and demand situation.

DCF valuation of railcars in Great Britain

On behalf of a re-financing bank, SCI Verkehr assesses the current vehicle value of new railcars planned to be operated...

DCF valuation of railcars in Great Britain

Customer: Re-financing bank

On behalf of a re-financing bank, SCI Verkehr assesses the current vehicle value of new railcars planned to be operated in Great Britain. Valuation is based on the income-based DCF method, taking into consideration specific reuse possibilities.

Continuous valuation of rolling stock portfolio

On behalf of a refinancing credit institution, SCI Verkehr carries out initial and subsequent valuations for a large...

Continuous valuation of rolling stock portfolio

Customer:

On behalf of a refinancing credit institution, SCI Verkehr carries out initial and subsequent valuations for a large portfolio comprising passenger cars, locomotives and freight wagons in Europe and North America. The results of the calculation are internally used by the client for assessing credit risks.

Update input parameters collateral valuation method

SCI Verkehr creates an update of the existing collateral valuation method for rolling stock. In this context,...

Update input parameters collateral valuation method

Customer: Financer

SCI Verkehr creates an update of the existing collateral valuation method for rolling stock. In this context, value-over-time, market assessments and reuse probabilities at home and abroad are reviewed. In addition, an analysis of price development and leasing rates of selected reference vehicles is provided.

Assessment of a new fleet of different freight wagon types

In the context of financing different freight wagon types, SCI Verkehr assesses a large fleet of tank wagons, open...

Assessment of a new fleet of different freight wagon types

Customer: Financial service provider

In the context of financing different freight wagon types, SCI Verkehr assesses a large fleet of tank wagons, open wagons as well as intermodal wagons. Assessment of the wagon fleet is conducted by means of the income-based DCF method and is based on detailed analysis of the wagon-specific supply and demand situation.

Assessment of used tank wagons in continental Europe

In the context of purchasing used tank wagons, SCI Verkehr assesses a fleet of compressed gas and chemical tank wagons...

Assessment of used tank wagons in continental Europe

Customer: European leasing company

In the context of purchasing used tank wagons, SCI Verkehr assesses a fleet of compressed gas and chemical tank wagons on behalf of a European leasing company. Assessment of the wagons is conducted according to DCF and DRC methods and takes into account the wagon-specific supply and demand situation.

Assessment of new electric locomotives in continental Europe

In the context of refinancing, SCI Verkehr assesses current and future market value of electric mainline locomotives in...

Assessment of new electric locomotives in continental Europe

Customer: Leasing financer

In the context of refinancing, SCI Verkehr assesses current and future market value of electric mainline locomotives in continental Europe. Assessment of the locomotives is conducted by means of the cost-based DRC method, taking into consideration the vehicle-specific supply and demand situation. Special focus is also put on different fields of application besides the locomotive’s current operation in rail freight transport.

Short assessment of coal wagons

On behalf of a financier, SCI Verkehr conducts a short assessment of bulk goods wagons. Assessment is based on the DCF...

Short assessment of coal wagons

Customer: International investor

On behalf of a financier, SCI Verkehr conducts a short assessment of bulk goods wagons. Assessment is based on the DCF method considering the particular supply and demand situation.

Market value assessment of diesel locomotives

In the context of a planned leasing transaction, SCI Verkehr assesses a large fleet of diesel locomotives which are...

Market value assessment of diesel locomotives

Customer: Track construction and maintenance company

In the context of a planned leasing transaction, SCI Verkehr assesses a large fleet of diesel locomotives which are operated in continental Europe and Great Britain. SCI Verkehr carries out a cost-based DRC valuation and an income-based DCF valuation. In addition to an onsite inspection of the locomotives and workshops, a valuation of current and future market developments is carried out as well.

Assessment of dual mode locomotives in Europe

In the context of a purchase of used dual mode locomotives in Europe, SCI Verkehr assesses the current market value of...

Assessment of dual mode locomotives in Europe

Customer: Leasing company

In the context of a purchase of used dual mode locomotives in Europe, SCI Verkehr assesses the current market value of these vehicles taking into consideration the income-based DCF valuation approach. Assessment includes a comprehensive documentation comprising valuation method, input parameters, market description and valuation results.

Valuation report hybrid shunting locomotives

On behalf of a leasing company, SCI Verkehr prepares a valuation report for modern hybrid shunting locomotives by means...

Valuation report hybrid shunting locomotives

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr prepares a valuation report for modern hybrid shunting locomotives by means of the cost-based DRC method. Valuation is based on an analysis of the current supply and demand situation.

Update assessment freight wagon portfolio Eastern Europe

On behalf of a Eastern European freight wagon owner, SCI Verkehr conducts an annual market value analysis of the fleet....

Update assessment freight wagon portfolio Eastern Europe

Customer: Freight wagon owner

On behalf of a Eastern European freight wagon owner, SCI Verkehr conducts an annual market value analysis of the fleet. Supply and demand as well as current technical state and future investments into the fleet are considered.

Fleet assessment diesel multiple units (DMUs)

On behalf of a leasing company, SCI Verkehr determines fair market value and future value-over-time of a new DMU fleet....

Fleet assessment diesel multiple units (DMUs)

Customer: Leasing company

On behalf of a leasing company, SCI Verkehr determines fair market value and future value-over-time of a new DMU fleet. Valuation is conducted by means of the DRC method. Special focus is put on the benchmark of the purchase and assessment of guarantees given by authorities. The results are summarised in a report.

Assessment of steel carrier wagons in continental Europe

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new steel carrier wagons. Assessment of the...

Assessment of steel carrier wagons in continental Europe

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new steel carrier wagons. Assessment of the wagons is conducted by means of the DCF and DRC methods and takes into consideration the supply and demand situation specific to these wagons.

Assessment of dual mode locomotives

In the context of possible financing, SCI Verkehr assesses dual mode locomotives. Assessment of the locomotives is...

Assessment of dual mode locomotives

Customer: Financial service provider

In the context of possible financing, SCI Verkehr assesses dual mode locomotives. Assessment of the locomotives is conducted by means of the cost-based DRC method and is based on an analysis of the supply and demand situation.

Assessment of coil carrier wagons in continental Europe

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new coil carrier wagons. Assessment of the...

Assessment of coil carrier wagons in continental Europe

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr assesses a fleet of new coil carrier wagons. Assessment of the wagons is conducted by means of the DCF and DRC methods and takes into consideration the supply and demand situation specific to these wagons.

Impairment test for freight wagons

On behalf of a long-standing customer, SCI Verkehr, once again, analyses the value-over-time of a freight wagon...

Impairment test for freight wagons

Customer: Leasing company

On behalf of a long-standing customer, SCI Verkehr, once again, analyses the value-over-time of a freight wagon portfolio, applying the latest calculation models and market prognoses. With regard to the supply and demand situation in the different markets relevant to the vehicles, the latest analytical calculations as well as current benchmarks were applied.

Portfolio assessment for refinancing

In the context of a refinance, SCI Verkehr assesses the market value of a large European rolling stock portfolio....

Portfolio assessment for refinancing

Customer: Rolling stock lessor

In the context of a refinance, SCI Verkehr assesses the market value of a large European rolling stock portfolio. Assessment is conducted by means of the income-based DCF method and comprises detailed descriptions of the portfolio’s competitive position and of the supply and demand side.

Due diligence support acquisition locomotive fleet

On behalf of a private equity investor, SCI Verkehr assesses the locomotive fleet of a large national vehicle leasing...

Due diligence support acquisition locomotive fleet

Customer: Private equity investor

On behalf of a private equity investor, SCI Verkehr assesses the locomotive fleet of a large national vehicle leasing company. SCI Verkehr assesses the market as well as the competitive environment of the company and the vehicles in addition to conducting a market value appraisal of the fleet.

Assessment of modern steel transport wagons in continental Europe

On behalf of a European leasing company, SCI Verkehr assesses a fleet of modernised steel transport wagons. Assessment...

Assessment of modern steel transport wagons in continental Europe

Customer: European leasing company

On behalf of a European leasing company, SCI Verkehr assesses a fleet of modernised steel transport wagons. Assessment of the wagons by means of the DCF and DRC methods takes into consideration the wagon-specific supply-and-demand situation.