{
  "docId": "019de074-35f4-737d-a24c-ca4b1f4e8edf",
  "docSlug": "41d6ba5d107dd6fd192c9dbb9f028429",
  "documentTitle": "Houlihan Lokey | Investment Banking Pitch Book | 48 slides",
  "authorId": "houlihan-lokey",
  "authorName": "Houlihan Lokey",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2981745,
  "pageNumber": 17,
  "pageCount": 48,
  "prevPage": 16,
  "nextPage": 18,
  "slideType": "comparison_table",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 150,
  "notes": "Includes specific peer groups: Workers' Comp Insurers, Specialty Insurers, and All Selected Companies, plus specific 'Twins' comparison rows.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-35f4-737d-a24c-ca4b1f4e8edf/17",
  "deckHref": "/decks/019de074-35f4-737d-a24c-ca4b1f4e8edf",
  "deckJsonHref": "/decks/019de074-35f4-737d-a24c-ca4b1f4e8edf.json",
  "deckAnchorHref": "/decks/019de074-35f4-737d-a24c-ca4b1f4e8edf#slide-17",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.86,
        "x": 0.07,
        "y": 0.74
      },
      "kind": "disclaimer",
      "text": "Note: No company used in this analysis for comparative purposes is identical to the Company. Note: Bloomberg consensus used for 2022 and 2023 estimates...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d1e663ab-bf50-4e30-b3c3-0ed4af77d4d1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.86,
        "x": 0.07,
        "y": 0.185
      },
      "kind": "table",
      "text": "Financial data table for insurance companies including Share Price, Equity Market Value, P/E ratios, Book Value multiples, and ROE metrics.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "02964bca-8cbc-4af5-b7d6-c9fbf8d93b33",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.07,
        "y": 0.11
      },
      "kind": "title",
      "text": "Preliminary Selected Companies Analysis",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ace7836f-b21e-403b-a456-72d39b4a4651",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 26,
      "from": 16,
      "beatId": "e33d8b51-0a3e-4ff1-915c-4018eb414875",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The financial analysis section provides preliminary implied per share value reference ranges and discounted cash flow analysis.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 21,
      "from": 6,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "2d11d085-fd82-48cc-a702-e4143f0ac5f1",
      "evidence": "The document provides a comparison of management projections vs. guidance and Wall Street analyst consensus estimates.",
      "position": 0,
      "objective": "To identify patterns in the industry and company performance",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 0.6,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}