{
  "docId": "019de073-b635-70a8-ac8c-01cc07e39e92",
  "docSlug": "74936b35b71cbcd9c98b051a5a736d2b",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 57 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2022-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 33,
  "pageCount": 57,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 42,
  "notes": "Includes CAPM-based sensitivity analysis for unit valuation.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de073-b635-70a8-ac8c-01cc07e39e92/33",
  "deckHref": "/decks/019de073-b635-70a8-ac8c-01cc07e39e92",
  "deckJsonHref": "/decks/019de073-b635-70a8-ac8c-01cc07e39e92.json",
  "deckAnchorHref": "/decks/019de073-b635-70a8-ac8c-01cc07e39e92#slide-33",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 0.65,
        "x": 0.045,
        "y": 0.87
      },
      "kind": "source-note",
      "text": "Source: FactSet, SIRE Financial Projections. 1. Values LP units based on LP unit distributions and does not consider GP distributions. 2. Based on SIRE's 52-week yield range of 6.1% to 14.1% with a median of 9.4% and mean of 10.0%. Current yield is 9.5% as of October 4, 2022",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "00f89bda-a291-40c5-abfc-635a6a48e1ab",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.91,
        "x": 0.045,
        "y": 0.23
      },
      "kind": "table",
      "text": "Table showing SIRE distributions (2023E-2028E), terminal values, and present value sensitivity based on CAPM cost of equity.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "337816ba-b64c-45eb-af47-21734d4f0d8e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.67,
        "x": 0.045,
        "y": 0.085
      },
      "kind": "title",
      "text": "Preliminary Valuation Detail – SIRE Financial Projections",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2f3f935f-667b-48e3-a7e9-b675b0376c0e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.34,
        "x": 0.045,
        "y": 0.135
      },
      "kind": "title",
      "text": "Discounted Distributions Analysis",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2ad4249d-7bc5-40af-ae1f-b9fcc24c6235",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "CAPM",
      "slug": null,
      "matchId": "04d16b9e-c07c-40b2-bc66-a807084f6add",
      "evidence": "Equity Cost of Capital Based on CAPM",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 57,
      "from": 32,
      "beatId": "c53e4630-5d49-4734-9bdd-7ba42fe87120",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The document concludes with detailed financial projections and sensitivity cases",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}