See It Work — A valuation is a range, not a number | Book 11 · AI Agents for M&A

Valuation is where numbers meet judgment. A static model produces one number and hides how wrong its assumptions could be — which is exactly where overpayment risk lives. The valuation agent runs 1,000 scenarios with varying assumptions simultaneously and produces three parallel valuations (low, base, high) plus a sensitivity analysis showing what moves them.

A single valuation number invites overpayment because it conceals its own fragility. A range with visible assumptions shows you exactly how much room for error you have — and where the deal breaks.

What this means for you

The agent surfaces a valuation range and its sensitivities; you make the call. What this means for you: you see how fragile or robust the price really is before you commit — overpayment risk that a single number would have hidden is now right in front of you, with the assumptions that drive it.

The agent turns one fragile number into a judged range:

Automated Valuation

static modelhides overpayment risk

agentruns 1,000 scenarios

outputlow / base / high + sensitivity

the humandecides where to act

A valuation is not a number — it is a range with assumptions. The agent surfaces both; the human decides.

For the technical reader — the command, and how to verify it yourself

# one line · you do not need to run this
see walkthrough

see walkthrough
# -> a valuation as a judged range of 1,000 scenarios, not one number

Full step-by-step is in Appendix RX: Hands-On Demonstrations in the book.