{
  "docId": "019de50e-91eb-710d-9189-60bafb21b351",
  "docSlug": "10f5ba3712ae7f9d2747b8f614746d2e",
  "documentTitle": "Qatalyst Partners | Investment Banking Pitch Book | 27 slides",
  "authorId": "qatalyst-partners",
  "authorName": "Qatalyst Partners",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2012-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3324081,
  "pageNumber": 22,
  "pageCount": 27,
  "prevPage": 21,
  "nextPage": 23,
  "slideType": "sensitivity_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 72,
  "notes": "The table displays a matrix of implied share prices based on different revenue growth scenarios (columns) and terminal year adjusted EBITDA margins (rows).",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50e-91eb-710d-9189-60bafb21b351/22",
  "deckHref": "/decks/019de50e-91eb-710d-9189-60bafb21b351",
  "deckJsonHref": "/decks/019de50e-91eb-710d-9189-60bafb21b351.json",
  "deckAnchorHref": "/decks/019de50e-91eb-710d-9189-60bafb21b351#slide-22",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.85,
        "x": 0.08,
        "y": 0.83
      },
      "kind": "source-note",
      "text": "Note: Arbor Management case projections based on Arbor Management as of July 2012. Present values as of June 30, 2012 assume an illustrative dilution factor of 11%, weighted average cost of capital of 12.5%, and terminal value based on an NTM Adjusted EBITDA multiple of 7.0x.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "798aa30f-8ec1-4a62-9f3f-4049bbac42f9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.7,
        "x": 0.08,
        "y": 0.13
      },
      "kind": "subtitle",
      "text": "Illustrative Revenue Growth and Adjusted EBITDA Margin Sensitivity – Based on Arbor Management Case Projections",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d2e471ad-e038-425d-b63f-2da28f206075",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.85,
        "x": 0.08,
        "y": 0.35
      },
      "kind": "table",
      "text": "Sensitivity matrix of revenue growth vs EBITDA margin on share price",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f21afe65-d976-4485-885b-743c213154c0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.6,
        "x": 0.08,
        "y": 0.08
      },
      "kind": "title",
      "text": "Illustrative DCF Operating Sensitivity Analysis",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f84a6073-1676-4bb5-8d7b-ffa25afd4c6e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "sensitivity_analysis",
      "slug": null,
      "matchId": "1d6bb497-ce41-457c-bbe8-2460663e68f2",
      "evidence": "The slide presents a matrix showing how changes in two key variables (Revenue Growth and EBITDA Margin) affect a single output (Implied Price Per Share).",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}