Book-building, DCF Analysis and Sale - Investment Banking Today

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

JANUARY 22, 2025

The difference is that IB is more of an explicit sales job , as deals must close for the bank to earn fees. Equity research at the senior levels does require sales skills, but its more about being a conduit than a closer.

Investment Banking

Investment Banking Equities Banking Bank

M&A Blog #16 – valuation (Discounted Cash Flow)

Francine Way

JULY 12, 2017

Build proforma income statement and balance sheet. An example of this would be to state COGS and SGA as percentages of Sales Revenues, or to state Depreciation Expense as a percent of Plant, Property, and Equipment (PPE). For simplicity, I prefer to state everything but interest income and expense as percentages of sales revenue.

Discounted Cash Flow

Discounted Cash Flow Valuation M&A DCF

Buy Side M&A Blog Series - Vol 7 - Valuing The Target

RKJ Partners

AUGUST 6, 2017

For the purposes of this article, we will focus on valuation from the perspective of a merger and acquisition transaction, and specifically from the viewpoint of a buyer evaluating a business for sale. Leverage Buyout (LBO) Analysis: LBO analysis focuses on a company’s ability to generate cash flow.

M&A

M&A Valuation Mergers and Acquisitions Discounted Cash Flow

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

M&A Blog #16 – valuation (Discounted Cash Flow)

Buy Side M&A Blog Series - Vol 7 - Valuing The Target

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