{"id":1134,"date":"2020-09-30T22:58:48","date_gmt":"2020-09-30T22:58:48","guid":{"rendered":"https:\/\/avaluosavim.com.mx\/?page_id=1134"},"modified":"2025-02-04T13:32:58","modified_gmt":"2025-02-04T18:32:58","slug":"valuacion-de-intangibles","status":"publish","type":"page","link":"https:\/\/php81.anepsa.com.mx\/en\/intangible-asset-valuation\/","title":{"rendered":"Intangible Asset Valuation"},"content":{"rendered":"<div class=\"inmob\"><div class=\"tinmob\"><h1>Intangible Asset Valuation<\/h1><\/div><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/03\/valuacion-de-intangibles.webp\" alt=\"valuation of intangibles\" class=\"wp-image-3516\" style=\"width:542px;height:407px\" title=\"\"><\/figure>\n\n\n\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"blogb\"><strong>The assessment and knowledge of intangibles is one of the most important points for valuation, it gives a competitive advantage towards permanence and growth with respect to the sector or competition.<\/strong> An intangible asset is defined as \u201canything that does not have an apparent physical existence or presence, but can be visualized through economic benefits, contracts or documentation.\u201d Most companies have a value of \u2153 in their intangibles and have not measured it.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>What intangibles do we value?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table blogb\"><table><tbody><tr><td><strong>1 Market<\/strong><\/td><td><a href=\"https:\/\/php81.anepsa.com.mx\/en\/avaluo-marca\/\" class=\"rank-math-link\">brands<\/a> (Nominative, Unnamed, Mixed Three-dimensional)&nbsp;<br>Market Image&nbsp;<br>Websites<br>Non-Compete Agreement&nbsp;<\/td><\/tr><tr><td><strong>2 Related to Client Portfolio&nbsp;<\/strong><\/td><td>Client list&nbsp;<br>Contracted Production&nbsp;<br>Contract with Clients Non-Contractual Relations<\/td><\/tr><tr><td><strong>3 Intellectual or Artistic (Copyright)<\/strong>&nbsp;<\/td><td>Plays, operas, ballets Books, magazines, newspapers, <br>Paintings, Photographs Audiovisual materials etc\u2026&nbsp;<\/td><\/tr><tr><td><strong>4 Contracts or Rights<\/strong>&nbsp;<\/td><td>License, use and royalties contract Advertising, construction, administration, service or supply contracts&nbsp;<br>exploitation concessions<br>Lease Agreements&nbsp;<br>Building Permits&nbsp;<br>franchises<br>Permits or supply rights<\/td><\/tr><tr><td><strong>5 Technological&nbsp;<\/strong><\/td><td><strong><a href=\"https:\/\/www.gob.mx\/se\/articulos\/que-es-una-patente-y-en-donde-tramitarla#:~:text=En%20el%20Instituto%20Mexicano%20de,en%20contra%20de%20un%20tercero\" target=\"_blank\" rel=\"noopener\">patents<\/a><\/strong> technological Research and development in process<br>Computer system and licenses, computer programs, etc. Non-patented technology<br>Database Processes and confidential formulas&nbsp;<br>Technical drawings and manuals<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"inherit-container-width wp-block-group texmedio is-layout-constrained wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<div class=\"inherit-container-width wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/03\/valuacion-de-intangibles-1.webp\" alt=\"\" class=\"wp-image-3517\" title=\"\"><\/figure>\n<\/div><\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\">CONSIDER FOR <strong>CHOICE <\/strong>OF METHODOLOGY<\/h3>\n\n\n\n<p class=\"has-text-align-center blogb\">What would a willing buyer pay for the intangible asset? \u2022 What is the useful life of this asset? \u2022 What portion of operating income does this asset generate?&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-704e782a wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<p class=\"has-text-align-center blogb\">When making the assignment of intangibles, there are common planning elements for all valuation assignments, such as the following:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Purpose and objective of the analysis&nbsp;<\/li>\n\n\n\n<li>Define the intangible asset of the subject&nbsp;<\/li>\n\n\n\n<li>Understand the legal rights subject to analysis<\/li>\n\n\n\n<li>&nbsp;value date&nbsp;<\/li>\n\n\n\n<li>Highest and Best Use Considerations<\/li>\n\n\n\n<li>Report writing: telling an analysis of a story must be replicable.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"blogb\">However, the data collection will probably be different in the allocation of intangibles.&nbsp;<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-704e782a wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<p class=\"has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>We need to consider the following:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>History and development of the intangible asset&nbsp;<\/li>\n\n\n\n<li>Owner or operator, or both&nbsp;<\/li>\n\n\n\n<li>Licensee or licensor, or both&nbsp;<\/li>\n\n\n\n<li>Industry trades and price data&nbsp;<\/li>\n\n\n\n<li>Competitive environment&nbsp;<\/li>\n\n\n\n<li>Intangible assets, commercial comparatives, cost and treatment<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Intangible asset valuation methods<\/strong><\/h2>\n\n\n\n<p class=\"blogb\">The valuation methods that are usually used to give value to intangibles are those based on the market itself, the valuation requires the measurement of a financial value.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Income Methodology:<\/strong><\/h3>\n\n\n\n<p class=\"blogb\">Income-based models are best used when the intangible asset generates income or when it allows an asset to generate cash flow. As in other valuation assignments, an income approach technique converts future benefits.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/03\/av-de-intangibles.webp\" alt=\"\" class=\"wp-image-3518\" style=\"width:701px;height:711px\" title=\"\"><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Multiples Methodology:<\/strong><\/h3>\n\n\n\n<p class=\"blogb\">It is often difficult to obtain market-based transactions for identical or substantially similar intangible assets that have recently been exchanged in a long-range transaction:&nbsp;<\/p>\n\n\n\n<p class=\"blogb\">1) Listing multiples based on Net Revenues \u2013 Top Line. Ex: (EV \/ Revenues)x&nbsp;<\/p>\n\n\n\n<p class=\"blogb\">2) Quote multiples based on Operating Profits with and without D&amp;A (<strong><a href=\"https:\/\/leanfinance.es\/diferencias-ebitda-ebt-y-ebit-cual-es-mejor-para-mi-empresa\/#:~:text=EBIT%20representa%20las%20ganancias%20operativas,no%20son%20art%C3%ADculos%20en%20efectivo.\" target=\"_blank\" rel=\"noopener\">EBITDA and EBIT)<\/a><\/strong> \u2013 Middle Line. Ex: (EV \/ Ebitda)x &amp; (EV \/ Ebit)x&nbsp;<\/p>\n\n\n\n<p class=\"blogb\">3) Listing multiples based on Net Earnings and Net Income per share (Bottom Line) Eg: PER (price earning ratio) Price to Sales x<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-704e782a wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Most common intangible valuation methods:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>cost method<\/li>\n\n\n\n<li>market price method<\/li>\n\n\n\n<li>Income method or (EVA)<\/li>\n\n\n\n<li>Valuation based on market position<\/li>\n\n\n\n<li>Skandia Browser<\/li>\n\n\n\n<li>Relief from Royalty Method&nbsp;<\/li>\n\n\n\n<li>EVE&nbsp;<\/li>\n\n\n\n<li>DCF (Dynamic Residual)&nbsp;&nbsp;<\/li>\n\n\n\n<li>MPEEEM&nbsp;&nbsp;<\/li>\n\n\n\n<li>Differential Value Methods&nbsp;&nbsp;<\/li>\n\n\n\n<li>wwm&nbsp;&nbsp;<\/li>\n\n\n\n<li>INTERBRAN Method&nbsp;&nbsp;<\/li>\n\n\n\n<li>VC approach<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Cost Methodology<\/strong><\/h3>\n\n\n\n<p class=\"blogb\">Cost-based analyzes are based on the economic principle of substitution and generally ignore the amount, timing and duration of future economic benefits, as well as performance risk within a competitive environment, historical cost reflects only the actual cost incurred to develop the asset, new reproduction cost implies the current cost of a new identical property, and new replacement cost implies the current cost of a similar new property.&nbsp;<\/p>\n\n\n\n<p class=\"blogb\"><strong>The new reproduction cost implies the current cost of a new identical property<\/strong>, since the new replacement cost implies the current cost of a similar new property, having the closest equivalent utility to the property being valued, in most cases, the new replacement cost is the most direct and significant means based on the cost of estimating the value of an asset, once the new replacement cost is estimated, various forms of obsolescence must be considered, such as functional, technological and economic.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Purpose of valuing intangibles?<\/strong><\/h3>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-704e782a wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<p class=\"blogb\">The purpose of a valuation of intangibles is derived mainly from the following points:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Purchase-Sale or Transfer of the Intangible<\/li>\n\n\n\n<li>Determining a real estate value<\/li>\n\n\n\n<li>Early recognition of Good Will<\/li>\n\n\n\n<li>Consolidation of Financial Reports<\/li>\n\n\n\n<li>Mergers<\/li>\n\n\n\n<li>acquisitions<\/li>\n\n\n\n<li>litigation<\/li>\n\n\n\n<li>Tax Guarantee<\/li>\n\n\n\n<li>joint venture<\/li>\n\n\n\n<li>Tax Strategy&nbsp;<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-ast-global-color-0-color has-text-color\"><strong>Benefits of Valuing Intangibles&nbsp;<\/strong><\/h2>\n\n\n\n<p class=\"blogb\">1)<strong>Patrimonial benefit.<\/strong> \u2013 Allows business intangible assets to be correctly valued in market parameters.&nbsp;<\/p>\n\n\n\n<p class=\"blogb\">2)<strong> Financial benefit.<\/strong>\u2013 A company that has its intangible assets well valued is usually more attractive to financial entities for granting credit and financing lines.&nbsp;<\/p>\n\n\n\n<p class=\"blogb\">3) <strong>Tax benefit. <\/strong>\u2013 Duly recognized intangible assets have tax benefits such as tax amortization (Art. 32 and 33 LISR) and when they are managed correctly they have the tax benefits of the CUCA (Art.78 of the LISR). b<\/p>\n<\/div><\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"inherit-container-width wp-block-group has-background is-layout-constrained wp-block-group-is-layout-constrained\" style=\"background-color:#f2f2f2\"><div class=\"wp-block-group__inner-container\">\n<h2 class=\"wp-block-heading has-text-align-center\">Standards and Certifications<\/h2>\n\n\n\n<p class=\"has-text-align-center\">We follow the corresponding and current regulations. We have the necessary certifications to provide a reliable and comprehensive service.<\/p>\n\n\n\n<div class=\"wp-block-columns algunosclientes is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"372\" height=\"231\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/ASA.png\" alt=\"\" class=\"wp-image-1783\" title=\"\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/ASA.png 372w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/ASA-300x186.png 300w\" sizes=\"(max-width: 372px) 100vw, 372px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"395\" height=\"194\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/INDAABIN.png\" alt=\"\" class=\"wp-image-1784\" title=\"\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/INDAABIN.png 395w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/INDAABIN-300x147.png 300w\" sizes=\"(max-width: 395px) 100vw, 395px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/NIF-1.webp\" alt=\"\" class=\"wp-image-4023\" title=\"\"><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"299\" height=\"140\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2020\/10\/NIIF-2.png\" alt=\"\" class=\"wp-image-1786\" title=\"\"><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"video\"><iframe src=\"https:\/\/www.youtube.com\/embed\/DeCF_aZJl9c\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\" width=\"560\" height=\"315\" frameborder=\"0\"><\/iframe><\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#f2f2f2\"><div class=\"wp-block-group__inner-container\">\n<h3 class=\"wp-block-heading has-text-align-center has-text-color\" id=\"algunos-clientes-de-este-servicio\" style=\"color:#808080\">Some customers of this service<\/h3>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/Woodex-2-1.webp\" alt=\"\" class=\"wp-image-4017\" title=\"\"><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/El-financiero-1.webp\" alt=\"\" class=\"wp-image-4016\" title=\"\"><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/Hoteles-mision-1.webp\" alt=\"\" class=\"wp-image-4015\" title=\"\"><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/Zucarmex-2-1.webp\" alt=\"\" class=\"wp-image-4019\" title=\"\"><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/FOCIR-1.webp\" alt=\"\" class=\"wp-image-4014\" title=\"\"><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center block_title_per\" id=\"links-que-tambien-te-puede-interesar\"><strong>Links that may interest you:<\/strong><\/h3>\n\n\n\n<div class=\"wp-block-columns sugerencias is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<a class=\"text-center\" href=\"https:\/\/php81.anepsa.com.mx\/en\/land-appraisal\/\"><p>Land Appraisal\n\n<\/p>\n    <img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/01\/avaluo-terreno.jpg\" alt=\"\" title=\"\"><br>\n    \n<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<a class=\"text-center\" href=\"https:\/\/php81.anepsa.com.mx\/en\/avaluo-de-renta-inmueble\/\">\n<p>How to calculate the rental value of a property?\n \n<\/p>\n<img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/avaluo-de-renta-1024x768-1.webp\" alt=\"\" title=\"\"><br>\n<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<a class=\"text-center\" href=\"https:\/\/php81.anepsa.com.mx\/en\/what-is-cadastral-value\/\">\n<p>What is the cadastral value?\n<\/p>\n<img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/valor-catastral-1024x768-1.webp\" alt=\"\" title=\"\"><br>\n<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Valuation of Intangibles Valuation and knowledge of intangibles is one of the most important points for valuation, it gives a competitive advantage towards permanence and growth with respect to the sector or competition. An intangible is defined as \u201cEverything that does not have an apparent existence or physical presence, but can be visualized through [\u2026]<\/p>","protected":false},"author":1,"featured_media":1594,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","site-sidebar-layout":"no-sidebar","site-content-layout":"plain-container","ast-site-content-layout":"normal-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-1134","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/pages\/1134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/comments?post=1134"}],"version-history":[{"count":41,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/pages\/1134\/revisions"}],"predecessor-version":[{"id":13622,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/pages\/1134\/revisions\/13622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/media\/1594"}],"wp:attachment":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/media?parent=1134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}