Interview Case Analysis - Tons 'o' SBs to give

The Kid's picture
Rank: Gorilla | 707

I have a superday coming up and I'm still waiting on details from HR, but from the research I've done I'm 99% sure there will be a case involved and I'm trying to find some good examples to use as practice.

Can anyone shed some light on your experience with the case. I am interested to hear about the structure and overview ... was it straight forward ("here are the financials now come up with a a DCF valuation") or was there more to it than that?

Any info/insights/advice would be greatly appreciated and I have a stockpile of SBs to give out.

Comments (8)

Best Response
Oct 15, 2012

Wish I could give you specifics to help. I would say generally, understand how to make a DCF from scratch, understand different ways to derive the cost of capital, and have an understanding of market multiples.

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Oct 15, 2012
valuationGURU:

Wish I could give you specifics to help. I would say generally, understand how to make a DCF from scratch, understand different ways to derive the cost of capital, and have an understanding of market multiples.

Hey I was actually about to PM you since you always have great posts and information about all things Valuation, but I'm glad you came across this and I really appreciate the response. That's about what I was thinking, but I just wanted to see if anyone had anything to add.

Another question - I know there are some situations where they give you a laptop to work on the case. Is this the norm or just firm specific. Like I said I don't have all the details yet, but I'm not sure how this would work logistically if, say, its a a group case instead of an individual case.

Oct 15, 2012
The Kid:
valuationGURU:

Wish I could give you specifics to help. I would say generally, understand how to make a DCF from scratch, understand different ways to derive the cost of capital, and have an understanding of market multiples.

Hey I was actually about to PM you since you always have great posts and information about all things Valuation, but I'm glad you came across this and I really appreciate the response. That's about what I was thinking, but I just wanted to see if anyone had anything to add.

Another question - I know there are some situations where they give you a laptop to work on the case. Is this the norm or just firm specific. Like I said I don't have all the details yet, but I'm not sure how this would work logistically if, say, its a a group case instead of an individual case.

Sorry, I can't really answer that. I started out at a boutique investment bank and the firm I am at now (large acct firm) is more about fit. As far as I know, we don't do cases.

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Oct 15, 2012
valuationGURU:

Wish I could give you specifics to help. I would say generally, understand how to make a DCF from scratch, understand different ways to derive the cost of capital, and have an understanding of market multiples.

By market multiples, do you mean like understanding comps, etc? And besides WACC, what are the other ways? APV? Flow to equity? Is that what you mean?

Oct 15, 2012
mokey1234:
valuationGURU:

Wish I could give you specifics to help. I would say generally, understand how to make a DCF from scratch, understand different ways to derive the cost of capital, and have an understanding of market multiples.

By market multiples, do you mean like understanding comps, etc? And besides WACC, what are the other ways? APV? Flow to equity? Is that what you mean?

Understanding different types of multiples, being able to explain the market approach. Not hard stuff. I meant ways to derive the WACC, mainly COE, such as CAPM and build up. Understand what drives a dcf model. Understand why there are cash flow adjustments.

Also, the cash flow statement point is spot on. Make sure you can do that as well.

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Oct 15, 2012

sweet stuff thanks

Oct 15, 2012

oops double post

Oct 15, 2012
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