{
  "docId": "019de070-90ca-760c-add9-fbba133c95ae",
  "docSlug": "c1f8e743182c07cd4dd9aa0d81670854",
  "documentTitle": "Goldman Sachs | Investment Banking Pitch Book | 22 slides",
  "authorId": "goldman-sachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 8,
  "pageCount": 22,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "dense",
  "nDataPoints": 28,
  "notes": "Includes a 'football field' chart showing valuation ranges.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de070-90ca-760c-add9-fbba133c95ae/8",
  "deckHref": "/decks/019de070-90ca-760c-add9-fbba133c95ae",
  "deckJsonHref": "/decks/019de070-90ca-760c-add9-fbba133c95ae.json",
  "deckAnchorHref": "/decks/019de070-90ca-760c-add9-fbba133c95ae#slide-8",
  "components": [
    {
      "bbox": {
        "h": 0.6,
        "w": 0.15,
        "x": 0.78,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Football field chart showing valuation ranges for each methodology.",
      "attrs": null,
      "subkind": "bar-horizontal",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b1dc1418-d8bf-4399-a2b0-267dc0ef3070",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.87
      },
      "kind": "disclaimer",
      "text": "Source: Company filings, Bloomberg, Panther Management Projections per Panther Management; market data as of 25-Jan-2021. Note: FCFs discounted assuming mid-year convention. Figures discounted to 01-Jan-2021. Panther diluted shares assumes 161.0mm basic shares, 0.1mm options (weighted-average strike price: $14.20), 2.1mm RSUs and 2.2mm PSUs as per Panther Management. Panther undisturbed share price of $19.60 as of 06-Nov-2020. 1 Panther Adj. EBITDA excludes NGEN-SMIT and burdened by stock based compensation expense. 2 Assumes M&A premia applied to undisturbed share price of $19.60.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "77e544bd-fa78-4c4c-a988-bd170433b74b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.1,
        "x": 0.85,
        "y": 0.86
      },
      "kind": "metric",
      "text": "Offer Price: $29.35",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7da100cd-aaa4-4ec8-abc1-1dd9431f7f7e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.9,
        "x": 0.05,
        "y": 0.245
      },
      "kind": "table",
      "text": "Valuation table with methodologies, key assumptions, and price ranges.",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a62803e0-cfd9-4d9b-ac23-47afc9e748c2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.55,
        "x": 0.13,
        "y": 0.07
      },
      "kind": "title",
      "text": "Illustrative Financial Analyses of Panther Management Projections",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2828e1f4-35e7-4354-8dfd-58f5bdaf016a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Valuation: DCF",
      "slug": "dcf",
      "agent": "architect",
      "layer": "slide",
      "matchId": "73ae2ade-7baa-4e99-b8b1-aea3ff282383",
      "evidence": "table/valuation: Valuation table with methodologies, key assumptions, and price ranges.",
      "confidence": 0.7
    },
    {
      "name": "Valuation: Precedent transactions",
      "slug": "precedent-transactions",
      "agent": "architect",
      "layer": "slide",
      "matchId": "9c579990-7bb6-40e6-8b5f-a50535fbfcb9",
      "evidence": "chart/bar-horizontal: Football field chart showing valuation ranges for each methodology.",
      "confidence": 0.5
    }
  ],
  "frameworks": [
    {
      "name": "football-field-chart",
      "slug": null,
      "matchId": "fea10237-0453-4b3c-8e84-d508ba17c04d",
      "evidence": "Visual representation of valuation ranges across multiple methodologies.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 10,
      "from": 8,
      "beatId": "cb791b34-2c94-42a8-8ec3-42be97384da1",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "consultants-gambit-evidence-proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Illustrative financial analyses, including DCF and sensitivity analyses.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}