Goldman Sachs | Investment Banking Pitch Book | 46 slides

Goldman Sachs · 2018-06
arc beats above · slides in the middle · loops below · scroll → 3 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 2
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Slide inventory

46
every slide · same image gating as the playbook
01
Slide 1
front_matter
Open slide detailBeat · Problem
02
other
Open slide detailBeat · Problem
03
front_matter
Open slide detailBeat · Problem
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transition
Open slide detailBeat · Problem
05
Includes Goldman Sachs branding and source attribution.analyze_data
Open slide detailBeat · Problem
06
Includes Goldman Sachs branding and standard investment banking disclaimer.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
07
The slide illustrates a corporate restructuring from a complex partnership-based ownership to a simplified C-Corp structure.establish_context
Open slide detailBeat · SolutionLoop · Mece Breakdown
08
The slide uses pie charts to visualize shifts in investor base and ownership percentages across different corporate structures.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
09
Goldman Sachs investment banking slide, likely part of a larger M&A or restructuring presentation.present_solution
Open slide detailBeat · SolutionLoop · Mece Breakdown
10
Includes annotations for key corporate events: Upstream Strategic Review, Analyst Day, and Special Committee Formation.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
11
The chart tracks the exchange ratio over time, with a specific annotation for the 'Special Committee Formation' on 26-Feb-2018.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
12
Includes a callout for the 'Special Committee Formation' date on 26-Feb-2018.compare_peers
Open slide detailBeat · SolutionLoop · Mece Breakdown
13
Includes Goldman Sachs branding and standard disclaimer for preliminary draft materials.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
14
Includes summary statistics (High, Median, Mean, Low) for the 'LP Buy-In' category.cite_precedent
Open slide detailBeat · SolutionLoop · Mece Breakdown
15
The slide presents a sensitivity analysis of financial metrics based on exchange ratios ranging from 1.5x to 2.0x.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
16
The chart uses a 'football field' format to display valuation ranges across different metrics.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
17
Includes two distinct tables comparing 'Status Quo Cash Distributions' and a DDM scenario.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
18
The slide presents four sensitivity tables (two for absolute value, two for percentage upside) organized by Cost of Equity and Perpetuity Growth Rate.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
19
Includes detailed footnotes regarding methodology for distribution growth and pro forma calculations.analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
20
Includes a callout box for Current GP DPS Yield (2019-2021).analyze_data
Open slide detailBeat · SolutionLoop · Mece Breakdown
21
The slide uses stacked bar charts to show low and high value ranges for different transaction scenarios.compare_peers
Open slide detailBeat · FinancialsLoop · So What Cascade
22
The slide compares historical market cap performance against specific implied valuation benchmarks (GP Peak, Committee Announced).analyze_data
Open slide detailBeat · FinancialsLoop · So What Cascade
23
Includes heat-mapped cells for valuation multiples and yields; compares Arkose against Peer Median and High Growth Comps.analyze_data
Open slide detailBeat · FinancialsLoop · So What Cascade
24
Includes Goldman Sachs branding and disclaimer footer.analyze_data
Open slide detailBeat · FinancialsLoop · So What Cascade
25
The slide uses a series of bar charts to compare DPU yields, with a summary row of CAGR metrics at the bottom.compare_peers
Open slide detailBeat · FinancialsLoop · Benchmark Gap
26
appendix
Open slide detailBeat · FinancialsLoop · Benchmark Gap
27
Includes a sensitivity table for Cost of Equity based on Risk Free Rate and Equity Beta, and a table comparing GP vs. MLP historical betas.analyze_data
Open slide detailBeat · FinancialsLoop · Benchmark Gap
28
The chart tracks two data series (Historical Beta and Predicted Beta) from June 2016 to June 2018, with a callout for the 'Special Committee Formation' on 26-Feanalyze_data
Open slide detailBeat · FinancialsLoop · Benchmark Gap
29
Includes specific financial assumptions in the footer regarding risk-free rate, market risk premium, and tax rates.analyze_data
Open slide detailBeat · FinancialsLoop · Benchmark Gap
30
transition
Open slide detailBeat · FinancialsLoop · Benchmark Gap
31
The slide displays two line charts comparing absolute price performance against two different indexed benchmarks (Jan 26 and Feb 23).analyze_data
Open slide detailBeat · FinancialsLoop · Benchmark Gap
32
Includes a summary row with High, Mean, Median, and Low values for key metrics.compare_peers
Open slide detailBeat · FinancialsLoop · Benchmark Gap
33
The slide presents a standard investment banking valuation output comparing peer multiples to a target company's metrics.compare_peers
Open slide detailBeat · FinancialsLoop · Benchmark Gap
34
Includes Goldman Sachs branding and disclaimer text at the bottom.compare_peers
Open slide detailBeat · FinancialsLoop · Benchmark Gap
35
Includes sensitivity analysis tables for valuation and yield.analyze_data
Open slide detailBeat · FinancialsLoop · So What Cascade
36
Includes a sensitivity table for NTM Yield vs. Year End.analyze_data
Open slide detailBeat · FinancialsLoop · So What Cascade
37
Uses a floating bar chart (waterfall-style) to show valuation ranges relative to current price and VWAP.analyze_data
Open slide detailBeat · FinancialsLoop · So What Cascade
38
Includes summary statistics (High, Mean, Median, Low) for peer groups.compare_peers
Open slide detailBeat · Appendices
39
Includes sensitivity analysis tables for GP Cost of Equity vs Perpetuity Growth Rate.analyze_data
Open slide detailBeat · Appendices
40
Includes a sensitivity table for implied value at various yields.analyze_data
Open slide detailBeat · Appendices
41
Includes Goldman Sachs branding and standard investment banking disclaimer.analyze_data
Open slide detailBeat · Appendices
42
Includes sensitivity analysis tables for GP value per share, total GP value, and terminal yield based on varying cost of equity and perpetuity growth rates.analyze_data
Open slide detailBeat · Appendices
43
Includes sensitivity analysis for implied value at various yields and break-even yield calculations.analyze_data
Open slide detailBeat · Appendices
44
Includes a callout box explaining the pro forma yield methodology.analyze_data
Open slide detailBeat · Appendices
45
Includes Goldman Sachs branding and source attribution.analyze_data
Open slide detailBeat · Appendices
46
Includes a DCF table and two sensitivity analysis tables (PV per share and Total PV).analyze_data
Open slide detailBeat · Appendices