Componentization in three steps. Case study: Opera Plaza Hotel

The process of componentization of value is a subject matter that acquired in this article a meaningful benchmark regarding the comprehension of the subject and practical implementation possibilities, the process of attaining the componentization being called apportionment. The necessity of value apportionment appeared along with the increased concern of the State regarding the tax collection process, where the apportionment method was used in order to individualize the item targeted by the taxation operation. Componentization in three steps is a new technique suggested within this article. Its implementation consists in: step 1 – establishing the component whose value is determined in the end, as a residual value, in the componentization process; step 2 – identifying and estimating the value of the components as well as applying the residual method; and step 3 – checking the results of componentization followed by the correlation of inputs used within the process. In order to illustrate the componentization method in three steps, the market value of Opera Plaza Hot