Overview

Engaged by a national freight rail operator to undertake comprehensive financial reporting valuations and asset optimisation of their locomotive and wagon fleet. 

Scope

• Valuation of a large portfolio of freight locomotives and wagons operating throughout Australia. 
• Included both modern and ageing rolling stock, some had not been valued in over a decade. 
• Required assessment of asset condition, performance, and replacement potential. 

Approach

• Led by Project Manager and Lead Valuer. 

• Physical inspection of a representative sample fleet; desktop valuation of remaining assets using detailed client data. 
• Older locomotives assessed for optimisation, benchmarked against current efficiency and power factors. 

• Delivered detailed, audit-ready reports with asset values, rates, optimisation calculations, methodologies, and assumptions. 

Outcome

• Provided the client with a clear and current understanding of fleet value after 10+ years without formal valuation. 

• Valuation supported a smooth audit process and delivered reliable financial outcomes. 

• Asset values were adopted and later used to support a strategic sale. 
• Client achieved a favourable sale outcome, supported by robust valuation data.