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 1–3 of 3 · filtered from 100Clear filters
  1. 065Sirvel Infra capitalises Rs 30 crore of staff and overhead costs into projects that its peers expense. Restate EBITDA and free cash flow on a peer basis, and work out how much of its value at 8x reported EBITDA is an accounting choice.Reading financialsHardMiddle market IBCorporate development
  2. 078Chitrav Apparel's EBITDA rose 25% but its operating cash flow nearly disappeared. Receivable and inventory days both jumped and a new distributor on 120-day terms now takes 30% of sales. What is happening, and what EBITDA would you underwrite?Reading financialsCoreMiddle market IBCorporate development
  3. 091A consumer company's group EBITDA margin has been flat at 12% for three years, but the segment note shows the core business falling while a new quick-commerce unit improved from deep losses. Which story should a buyer believe, and what does it do to value?Reading financialsCoreMiddle market IBCorporate development

Company names and figures are illustrative.