{
  "docId": "019de074-32f2-720a-aabe-da047dccd75e",
  "docSlug": "fd0245175d846adbbff36802f1a44550",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 63 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 41,
  "pageCount": 63,
  "prevPage": 40,
  "nextPage": 42,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 25,
  "notes": "The chart uses a floating bar (waterfall-style) to show valuation ranges for different methodologies, with a reference line at $25.00.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-32f2-720a-aabe-da047dccd75e/41",
  "deckHref": "/decks/019de074-32f2-720a-aabe-da047dccd75e",
  "deckJsonHref": "/decks/019de074-32f2-720a-aabe-da047dccd75e.json",
  "deckAnchorHref": "/decks/019de074-32f2-720a-aabe-da047dccd75e#slide-41",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.92,
        "x": 0.04,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Valuation ranges across DCF, Peer Trading, Precedent M&A, Distributions, and Premiums Paid",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "61e0c1ce-8adf-4bcd-911e-8efb63503a6f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.35,
        "y": 0.88
      },
      "kind": "legend",
      "text": "SIRE Financial Projections (Blue) vs Sensitivity Case (Yellow)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "04541d71-5396-4282-b1dc-55836159273f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.92,
        "x": 0.04,
        "y": 0.74
      },
      "kind": "table",
      "text": "Valuation methodology parameters including multiples, growth rates, and discount rates",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5ce0fde0-471b-4115-a06c-93f211e6d7c4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.04,
        "y": 0.08
      },
      "kind": "title",
      "text": "Preliminary Valuation of SIRE Common Units",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e662b656-8cfb-44be-a15a-5aa0be730eae",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.04,
        "y": 0.13
      },
      "kind": "title",
      "text": "SIRE Financial Projections vs. Sensitivity Case",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8ed2d8a4-dc97-4d9d-926f-32afcd5ee024",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Valuation: DCF",
      "slug": "dcf",
      "agent": "architect",
      "layer": "slide",
      "matchId": "e9d3f03e-f2e0-47f0-8bdf-6b08b38ef552",
      "evidence": "DCF projection table showing EBITDA, EBIT, EBIAT, and Unlevered Free Cash Flow from 2023E to 2028E, plus terminal value and equity value calculations.",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "valuation-summary",
      "slug": null,
      "matchId": "008fd34c-21d4-434b-a45a-311b6ed39a51",
      "evidence": "Comparison of multiple valuation methodologies against a reference price",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 58,
      "from": 36,
      "beatId": "830f3618-bcb9-4d64-a927-103a291bceaa",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck presents a preliminary valuation of SIRE common units and sensitivity case assumptions.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 41,
      "from": 37,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "76771f9a-9ca4-4978-9b7c-ea07eb03ecbc",
      "evidence": "The deck provides a detailed breakdown of SIRE's financial projections and valuation methodology.",
      "position": 0,
      "objective": "To understand the preliminary valuation of SIRE common units",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.7,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}