{
  "docId": "019de06f-dba8-7368-8a52-1d8f6c782dde",
  "docSlug": "e02185efe7527dc444d6ea9199da6240",
  "documentTitle": "Lazard | Investment Banking Pitch Book | 49 slides",
  "authorId": "lazard",
  "authorName": "Lazard",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2929293,
  "pageNumber": 11,
  "pageCount": 49,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 32,
  "notes": "The slide uses a waterfall-style bar chart to visualize valuation ranges across different metrics.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-dba8-7368-8a52-1d8f6c782dde/11",
  "deckHref": "/decks/019de06f-dba8-7368-8a52-1d8f6c782dde",
  "deckJsonHref": "/decks/019de06f-dba8-7368-8a52-1d8f6c782dde.json",
  "deckAnchorHref": "/decks/019de06f-dba8-7368-8a52-1d8f6c782dde#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.25,
        "x": 0.45,
        "y": 0.23
      },
      "kind": "chart",
      "text": "Visual representation of valuation ranges for each metric.",
      "attrs": null,
      "subkind": "waterfall-bridge",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4e62949d-65f8-41c1-a4d9-63901dc80783",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.77,
        "x": 0.18,
        "y": 0.88
      },
      "kind": "paragraph",
      "text": "EV at Vail Current: $2,705 | EV at Vail Unaffected: $2,784 | EV at Vail 20-Day VWAP: $2,909 | EV at Vail 52-Week High: $3,238",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d6d5583d-eb71-418d-8e27-01612df5d686",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.7,
        "x": 0.15,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "Source: Vail management, public company filings, Wall Street research and FactSet as of 8/16/19. Notes 1-4.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ab011314-cb91-4096-9e6e-6fb275d9ac12",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.91,
        "x": 0.045,
        "y": 0.23
      },
      "kind": "table",
      "text": "Valuation summary table with columns for In-Vail Metric, Enterprise Value, and Comments.",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2c67b9c0-b4f8-4232-ab17-4fd460a55692",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.045,
        "y": 0.16
      },
      "kind": "title",
      "text": "Raven Valuation Summary – In-Vail View",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "514ece33-038e-4007-8aaf-3b9ae6914f89",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall / value bridge",
      "slug": "waterfall-bridge",
      "agent": null,
      "layer": "slide",
      "matchId": "e58f5559-9411-456f-97b3-a2624b0fa05e",
      "evidence": "Visual representation of valuation ranges for each metric.",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "valuation-summary",
      "slug": null,
      "matchId": "a41fabc0-65ce-41e1-8a1c-8d9063677066",
      "evidence": "Table structure comparing multiple valuation methodologies",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 19,
      "from": 11,
      "beatId": "1e1e984e-b5df-400c-9040-8bd593f6d449",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Includes valuation summaries, benchmarking, and DCF analyses",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}