Analysis behind how much does EV change if WACC changes by 1%?

The following was asked in one of the interview for an anlayst position Question; How much does EV change if WACC changes by 1%?

What is the analysis behind the answer?

I would say, that absolute amount change of EV, will depend on the - Cash flow amounts - WACC original point=> if WACC is changing from 12-13%, then the EV change should be less than if WACC is changing from 5-6% - Will also discuss the Inverse relationship between EV and WACC -However, if all cash flows are negative, there is a direct relationship, the greater the WACC, the greater the Value

Any additional thoughts?

2 Comments
 

Impedit repudiandae et ratione dicta aspernatur. Molestias eaque molestiae expedita. Ullam aut dolor corrupti id. Maxime corrupti animi facere dolorem sed impedit reiciendis.

Qui quia placeat iure dolor perspiciatis. Consequatur aut sint explicabo facilis ipsa.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”