Forest Valuation
Forme Consulting Group has over 30 years’ experience in valuing plantation forests in New Zealand ranging in scale from large corporate estates in excess of 10,000ha through to small forest woodlots down to 2ha.
Forest owners, managers and auditors use Forme because we are independent, and not involved in the harvest and marketing of logs, allowing us to provide professional advice with no conflict of interests.
We offer three types of valuation service depending on the size of the forest, and the forest valuation’s intended purpose.
Forest Appraisal – a quick and simple woodlot appraisal intended for general forest value information only.
Desktop Forest Valuation – when a forest value is required for internal purposes, insurance purposes or where a high level forest value is only required.
NZIF Forest Valuation – A full forest valuation report completed to the New Zealand Institute of Forestry (NZIF) Valuation Standards for when more detailed information on the forest is required for final due diligence purposes, sale and purchase purposes, financial reporting purposes or bank lending purposes.
We are also regularly engaged to peer review other forest valuation reports for compliance and auditing purposes.
Our exposure across the entire forest value chain allows us to maintain an up to date database of operational costs and log prices required for robust valuation reporting. This includes conducting our own quarterly log price survey at a regional and national level which is utilised for all our valuation services. We utilise forest growth modelling software to project future total recoverable log volumes, Tigermoth estate woodflow modelling, GIS mapping, terrain modelling, and @RISK advanced statistical modelling to analyse risk and uncertainty and can incorporate these tools into our valuations depending on the level of valuation service required.
All our valuations are peer reviewed internally and we voluntarily undertake external reviews on a sample of our valuation reports throughout the year.
Due Diligence
Forme are regularly engaged to undertake detailed, or high-level due diligence reviews of large and small forest assets from a harvesting and carbon valuation perspective.
In this space, Forme can utilise our hands on knowledge of forest estate modelling, yields, log prices, forest establishment, forest management, forest engineering, environmental and health and safety management, whilst benchmarking our due diligence findings against our own databases to compare with historic and prevalent supply chain costs and best practices.
Forme have the resources, experience and technical capability to undertake any large or small due diligence reviews as required and a client can engage us knowing that confidentiality is an intrinsic part of our culture.