{
  "docId": "019de071-590a-73e8-859c-4a71993e42de",
  "docSlug": "732ebff46d9c2059ae542cb6fe58887e",
  "documentTitle": "Azek | Investor Presentation Deck | 36 slides",
  "authorId": "azek",
  "authorName": "The AZEK Company",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 27,
  "pageCount": 36,
  "prevPage": 26,
  "nextPage": 28,
  "slideType": "other",
  "function": "plan_implementation",
  "density": "overcrowded",
  "nDataPoints": 10,
  "notes": "Includes a table for net leverage and a photo of production lines.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de071-590a-73e8-859c-4a71993e42de/27",
  "deckHref": "/decks/019de071-590a-73e8-859c-4a71993e42de",
  "deckJsonHref": "/decks/019de071-590a-73e8-859c-4a71993e42de.json",
  "deckAnchorHref": "/decks/019de071-590a-73e8-859c-4a71993e42de#slide-27",
  "components": [
    {
      "bbox": {
        "h": 0.17,
        "w": 0.37,
        "x": 0.56,
        "y": 0.73
      },
      "kind": "image",
      "text": "Example New Production Lines – Wilmington, OH",
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "51ed630e-fd1c-4ea2-a87a-a74fc36063ae",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.45,
        "x": 0.52,
        "y": 0.2
      },
      "kind": "list",
      "text": "STRATEGIC CAPACITY INVESTMENTS: Multi-phase capacity expansion, Phase I & II complete, Upsized program, New facility in Boise, Expected yields",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8b43258e-549c-450d-8e70-096f1982c65d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.45,
        "x": 0.06,
        "y": 0.2
      },
      "kind": "list",
      "text": "CAPITAL ALLOCATION PRIORITIES: Invest to support the business, Strategic M&A, Debt repayment",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d826c2c6-c0b6-4fb2-9e6b-071c51b91aa8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.88,
        "x": 0.06,
        "y": 0.14
      },
      "kind": "paragraph",
      "text": "Strong cash flows and modest leverage provide flexibility to support organic growth initiatives and strategic M&A",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "071dac11-fe99-4ac6-8c18-ba74ff1c02b4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.55,
        "x": 0.06,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: Company financials. Note: Refer to Appendix for reconciliations for total debt, net debt and net leverage.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "654af6d8-628e-4c02-aaa2-139a3e75aa8e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.45,
        "x": 0.06,
        "y": 0.58
      },
      "kind": "table",
      "text": "NET LEVERAGE SUMMARY: Cash $220, Total Debt $468, Net Debt 247, LTM Q3 2021 Adj. EBITDA $259, Total Leverage 1.8x, Net Leverage 1.0x",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "605d77a3-af75-4fc7-96c7-85600cbf84a0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.06,
        "y": 0.07
      },
      "kind": "title",
      "text": "Disciplined Approach to Capital Deployment",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "efbb2927-a9d5-4bb6-97f3-7a7412e2f8d2",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Capital Allocation Framework",
      "slug": "capital-allocation-framework",
      "agent": null,
      "layer": "slide",
      "matchId": "881cbd5d-4161-4106-9ede-9b9566f40f47",
      "evidence": "CAPITAL ALLOCATION PRIORITIES: Invest to support the business, Strategic M&A, Debt repayment",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "ea52e2dd-b947-4bcb-a2ac-cf90cea57ef0",
      "evidence": "The slide explicitly outlines capital allocation priorities and strategic investments.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 27,
      "from": 25,
      "beatId": "90957c48-c705-40e4-8473-aef06f0a7b4d",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "Slides 25-27 present financial performance and momentum",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}