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 1–7 of 7 · filtered from 100Clear filters
  1. 017A DCF case with blanks: fill in three years of statement lines for a components maker, forecast five years of free cash flow and derive a value.DCF and intrinsic valueCoreHarris WilliamsRichmond · 2026
  2. 030DCF model test: value a bearings maker with both an exit multiple and a perpetual growth terminal value, using the mid-year convention, and reconcile the two.DCF and intrinsic valueHardHarris WilliamsRichmond · 2018
  3. 045Value a regulated water utility from its regulated asset base, express the answer as a multiple of that base, and explain what the premium means.DCF and intrinsic valueCoreMiddle market IBBulge bracket IB
  4. 060How would you value a company with negative cash flows? Value Zyvora Mobility, a fast-growing loss-maker, with an eight-year DCF and an exit multiple, and show where the value comes from.DCF and intrinsic valueHardCredit SuisseNew York · 2025
  5. 071An analyst's DCF of Olvan Consumer uses 6% perpetual growth against a 9% WACC, and the terminal value is 85% of the total. What exit multiple does that terminal value imply, and how would you fix the model?DCF and intrinsic valueCoreMiddle market IBBulge bracket IB
  6. 084A DCF gives a software company an enterprise value but you do not know its share price, and it has options and RSUs outstanding. Solve for the value per share with the treasury stock method, and explain how stock-based compensation must be treated consistently.DCF and intrinsic valueHardEvercoreMenlo Park · 2025
  7. 100A metals company's EBITDA over eight years was Rs 300, 450, 600, 250, 150, 400, 700 and 500 crore, and this year's is Rs 500 crore. Peers trade at 6x mid-cycle EBITDA. What EBITDA would you capitalise, what value does that give, and why not use this year's figure?DCF and intrinsic valueCoreMiddle market IBBulge bracket IB

Company names and figures are illustrative.