{
  "docId": "019de06f-ca2b-7195-a0d5-3cdd913a2d89",
  "docSlug": "7bbfcb121ab65ed9aff8c01594d8e320",
  "documentTitle": "Morgan Stanley | Investment Banking Pitch Book | 29 slides",
  "authorId": "morgan-stanley",
  "authorName": "Morgan Stanley",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 23,
  "pageCount": 29,
  "prevPage": 22,
  "nextPage": 24,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 8,
  "notes": "The chart highlights the divergence in valuation multiples between two industry peers over a two-year period.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-ca2b-7195-a0d5-3cdd913a2d89/23",
  "deckHref": "/decks/019de06f-ca2b-7195-a0d5-3cdd913a2d89",
  "deckJsonHref": "/decks/019de06f-ca2b-7195-a0d5-3cdd913a2d89.json",
  "deckAnchorHref": "/decks/019de06f-ca2b-7195-a0d5-3cdd913a2d89#slide-23",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.18
      },
      "kind": "chart",
      "text": "AV / NTM EBITDA line chart",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aa91bbbd-6571-4d8e-8fef-a2665c5ef760",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.05,
        "y": 0.89
      },
      "kind": "disclaimer",
      "text": "Note: 1. As of March 18, 2019",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "439e5df9-572e-4793-9337-999117872a3c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.1,
        "x": 0.05,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "Source: CapIQ",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2ce6352f-8e88-42b1-af09-19267d3b2e56",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.25,
        "x": 0.68,
        "y": 0.22
      },
      "kind": "table",
      "text": "Average L2Y, LTM, 6Mo, 3Mo multiples for TRK and ISC",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f95fe0f6-1268-461f-8519-07b80a95357b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.05,
        "y": 0.03
      },
      "kind": "title",
      "text": "Speedway Motorsport Trading Discount Gap Continues to Widen vs. International Speedway",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8309c872-37bd-4a79-a339-0d74cb84fae8",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "8e2168fa-2cd2-4803-8fb4-78c156817e48",
      "evidence": "chart/line for specific financial metric",
      "confidence": 0.5
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 29,
      "from": 21,
      "beatId": "5f1c1ab9-41be-4f28-8d27-958545a98f06",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "Slides provide supplemental materials, data tables, and appendix disclosures.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}