Investment Banking case studies, worked step by step

Cases
100
Traced to a firm
55
Topics
12
Hard
30
Topic
All topicsLBO9Accretion and dilution7Reading financials8Restructuring11M&A strategy9Deal execution7Operating cases and estimation8Credit and leveraged finance9Comps and relative value9Sector valuation8Capital markets and financing8DCF and intrinsic value7
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 11–20 of 29 · filtered from 100Clear filters
  1. 022How would you value a factory? Value a moulding plant running at 70% on its earnings and on what it would cost to build, and say which should set the price.Operating cases and estimationCoreDeutsche BankNew York · 2026
  2. 024A packaging company shows reported, pro forma and run-rate EBITDA. Build all three, the valuation range on each, and say which figure the multiple should sit on.Reading financialsCoreHoulihan LokeyNew York · 2026
  3. 025You have one hour with 12 trading comps and 12 precedent transactions for a valve maker. Build a valuation range and say what you would present.Comps and relative valueCoreHarris WilliamsRichmond · 2025
  4. 035A conglomerate owns cement, chemicals and a finance arm. Build the sum of the parts and work out the conglomerate discount.Comps and relative valueCoreDeutsche BankMumbai · 2024
  5. 037You are handed a one-page teaser. Check its headline claims against its own table and footnote, restate the trend, and list the first five questions you need answered to build the CIM.Reading financialsCoreHarris WilliamsRichmond · 2025
  6. 039Two software companies: one grows fast and burns cash, the other grows slowly and throws off cash. Compare them on the rule of 40 and growth-adjusted multiples, and say which looks cheaper.Sector valuationCoreLazardSan Francisco · 2026
  7. 040A chemicals company needs Rs 2,000 crore for an acquisition. Compare all debt, all equity and a 50/50 mix on EPS and on leverage against the rating threshold, and recommend one.Capital markets and financingCoreCredit SuisseAnonymous interview candidate in · 2021
  8. 042Two cement credits: one has stronger metrics and a tighter spread, the other weaker metrics, more diversification and a wider spread. Which offers better value for the risk?Credit and leveraged financeCoreTD SecuritiesNew York · 2026
  9. 043A sponsor signs an LBO with floating-rate debt, and rates rise before close. How much does the rate rise cost in paydown and IRR, and what would the sponsor change?LBOCoreHoulihan LokeyLos Angeles · 2025
  10. 046A city spends Rs 600 crore a year more than it collects and wants to issue municipal bonds. How would you close the gap, and how much could it borrow once it has?Operating cases and estimationCoreMorgan StanleyBaltimore · 2025

Company names and figures are illustrative.