Oceanic’s valuation division has been involved in assets valuation for providing assets current value and insurance valuation for financing and insurance placements. Oceanic surveyors are providing following types of valuation services:

- Insurance valuation
- Residential/House valuation
- Commercial & Industrial valuation
- Equipment & Plant valuations
- Stock Valuations
- Vehicle Valuations

Oceanic Surveyors has been associated with Pakistan Banks Association & NBFI and Modaraba association of Pakistan. Oceanic has been enlisted with all three panels of PBA on Any Amount category which is the highest category rating.

Why Value (Need of Valuation)

As the economic climate continues to change all over the world, especially in the area of finance, it is becoming more important for you to keep close track of your assets value. Assets values go up and down, and even if you had your business valued only a year ago, it probably won’t have the same value today. Companies go through the exercise of crunching tons of numbers to compute the value of assets through an Independent valuer.

Valuations are needed for many reasons such as investment analysis, capital budgeting, merger and acquisition transactions, financial reporting, taxable events to determine the proper tax liability, Prime reasons are discussed as follows:

• To Ensure the Right Price is Paid for assets
When a business or any individual is considering investment in a particular asset, its valuation is necessary to ensure that the right price is paid. That is the most fundamental reason why asset valuation is an important activity in accounting.

• Financial Reports and Audits
For public listed companies or businesses that fall in regulated sectors, it's mandatory that they provide financial reports and subject themselves to financial audit. This reporting and expected transparency from businesses necessitates that asset valuation be carried out. Investors can then decide the worth of a company, from the valuation

• Loan Applications / borrowing
when a business or any individual applies for a big loan, banks demand collateral. Whatever assets pledged as collateral, need to be valued. It forms an important detail, as the bank grants a loan, against the value of the security you offer.

• Insurance Placement
When the company is planning to get insurance of their assets they will be in need of valuation of assets, in most of the cases they require valuation on New Replacement values.

• For Taxes
Taxation is one of the primary reasons why valuation of assets becomes an essential exercise. There is property and income tax to be paid, which requires the valuation of real estate property, as well as other assets. This makes accurate calculation of tax dues possible.

• For Mergers and Acquisitions
When two companies are thinking of merging together or an acquisition is being planned, asset valuation is absolutely essential. This helps the people involved know the worth of any company involved in such a financial takeover or merger. It helps in 'sizing up' a business.

• Capital Budgeting
Capital budgeting is the complete analysis and planning of the investments made in a business. The value of each tangible asset of the company needs to be evaluated, in order for the planning process to make sense and create a realistic forecast of future developments.

• Visa Purpose
Valuation of assets are also required in process of immigration to get the fair market values of assets to show the strength of client.

• To Analyze Investment Potential
If you are investing in a real estate scheme, a business or any other entity, with the purpose of asset creation, it's imperative that valuation of the entity be undertaken. It helps you in gauging the future earning potential of the asset.