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Discount Rate Evolution

Since its foundation in 2008, CONSUFOR has been conducting hundreds of valuations of biological assets in Brazil and in several countries. The value of assets appraised exceeds R$ 5 billion annually . The company permanently monitors the market with periodic surveys of wood prices, forestry costs, administration costs, leasing costs, degree of leverage, among other important assumptions used to determine the value of an asset.


Among these assumptions, the Discount Rate can be highlighted. Given its importance, the Discount Rate is one of the pillars of forest asset valuation.


In this context, CONSUFOR has been developing, since its foundation, a specific analysis on the Real After-Tax Discount Rates Used in Brazil for the Valuation of Biological Assets.


The figure on the side shows the recent history of the discount rate, highlighting the downward trend that has been taking place since 2015.


HISTORICAL EVOLUTION OF THE DISCOUNT RATE (REAL AFTER TAXES) – BASE 100


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