Sophomore 'Over/Undervaluation' Exercise

I'll keep this short and sweet,

My society is trying to do a challenge for sophomore's to test them and have a nice little prize. We are trying to get them to use the essential finance methods (not DCF) to evaluate the capital structure of a latAm company, and tell us if they think it is over or undervalued.

Do you think this is difficult? Our senior gave us the idea, but tbh we don't really know how its possible.

How would you do this? Excluding DCF/Multiples analysis, just through capital structure??

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