Secondhand Fair Value Range Builder
Build a buyer-specific fair value range, then see how the range moves when you stress test earnings, capex, downtime, and exit risk. This is designed to help you avoid paying “market price” for a ship that is only worth that price to someone else.
📌 Buyer-specific pricing
🛠️ Survey and capex stress test
🧾 Documentation readiness lens
⏱️ Closing risk and timing
🔁 Exit logic included
Step 1
Start with a realistic base value
How this tool works (simple, transparent)
You enter a base market value as your starting point. The tool then applies a set of buyer-relevant adjustments:
earnings confidence, charter attached quality, survey timing, capex risk, documentation quality, and buyer-universe liquidity.
The output is a fair value range (low to high) with a single base case point and a plain-English list of what is driving the result.
Base value and deal reality
Earnings confidence (your underwriting, not the market’s story)
Survey and downtime: where “fair value” often breaks
Paper and liquidity: who can buy it, and how painful is the close
Fair value range
—
Run the calculator to generate a buyer-specific range.
Base case point
—
This is the “most defensible” price under your inputs.
| Adjustment lens | What you selected | Value impact logic (transparent) | Practical interpretation in an S&P negotiation |
|---|---|---|---|
| — | — | — | — |
Advanced stress test: see how your range moves (optional)
These stress sliders help you test negotiation resilience. Use them to answer: “If my earnings view is wrong, does the deal still hold?”
The tool recalculates instantly.
Stress inputs
How to use the stress test
A useful discipline is to test a “bad but plausible” case, for example: earnings down 15%, capex up $1.0m, plus 10 extra off-hire days.
If the base case point collapses, you should demand a discount or avoid the ship.
