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319,975 slides

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37
Includes Evercore extrapolation note and detailed footnotes regarding management projections and accounting adjustments.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
38
Includes detailed footnotes regarding management projections, stock-based compensation, and corporate expense assumptions.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
39
Includes EV/'20E EBITDA multiples at the bottom of the EBITDA margin charts.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
40
Includes mean and median calculations for the peer group.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
41
Includes mean and median calculations for the peer group.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
42
Includes mean and median calculations for the peer group.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
43
Data as of 8/3/2020.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
44
Includes mean and median calculations for valuation multiples.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
45
Includes footnotes explaining specific EBITDA adjustments for each transaction.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
46
Includes sensitivity tables for Exit Perpetuity Growth vs WACC and Implied TEV / Terminal EBITDA Multiple.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
47
Uses mid-year discounting at 6.75% WACC.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
48
Uses mid-year discounting at a 6.75% WACC; includes federal and state tax rate assumptions.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
49
Includes sensitivity analysis for WACC and exit multiples.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
50
The table uses mid-year discounting and a 6.0% WACC to arrive at an NPV of $1,134 million for the Federal NOLs.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
51
Includes two data tables showing average share prices for two reference dates (Unaffected 6/29/20 and Current 8/3/20).20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
52
Includes sensitivity tables for WACC based on Target D/EV and Unlevered Beta/Cost of Debt, plus bottom-up WACC calculations.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
53
Includes peer group market data and a bottoms-up WACC calculation with low/high sensitivity ranges.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
54
Includes financial data for 12 companies across two segments, with mean/median calculations and a detailed WACC build-up table.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
55
Includes two sensitivity matrices for WACC based on varying cost of debt and risk-free rate assumptions.20 IBD presentation 2020 Gci Liberty Inc Evercore Group 1 · 20-ibd-presentation-2020-gci-liberty-inc-evercore-group-1
Deck Investment bank 1 hit
01
Slide 1
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Situation & Context1 hit
02
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Situation & ContextLoop · Logic Chain1 hit
03
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Situation & ContextLoop · Logic Chain1 hit
04
The slide lists specific interviewees by name and department.20 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Evidence & ProofLoop · Logic Chain1 hit
05
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Evidence & ProofLoop · Logic Chain1 hit
06
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Impact & Next StepsLoop · Logic Chain1 hit
07
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Impact & Next StepsLoop · Logic Chain1 hit
08
The slide uses a transition arrow to link findings to discussion questions.20 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Impact & Next StepsLoop · Logic Chain1 hit
09
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Impact & Next StepsLoop · Logic Chain1 hit
10
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Impact & Next StepsLoop · Logic Chain1 hit
11
20 Jan 2015 McKinsey BPS Operational Review Check In week 220 Jan 2015 McKinsey BPS Operational Review Check In week 2 · 20-jan-2015-mckinsey-bps-operational-review-check-in-week-2
Deck Investor relations Beat · Impact & Next Steps1 hit