Clik here to view.
DCF Valuation Help
Hi All,On page 22 of Valuation, 6th Edition there is the attached table, the details are;Year 1 to 15; - Year 1 Earnings: $100 - Growth: 9% - ROIC: 25%After 15 years; -Growth 4.5% -ROIC: 25%Cost of...
View ArticleFarm-out and cost oil allocation
Does anyone know how farming-out affects the cost and profit oil split between the partners? More specifically, we have an E&P company with a PSC in a block containing several fields. The company...
View ArticleRational for switching sectors
Been having some difficulties trying to find a suitable answer for the switch in sectors. What are some of yours thoughts to the question why are you looking to switch to x sector and should you talk...
View ArticleHow is ER at Rothschild?
How is the associate position in ER at Rothschild? Pay? Hours? Culture (I've heard relatively good things)*Equity Research *interview *recruiting *banking Reply Quote Bookmark
View ArticleFund Hedge Fund to Equity Research Sales
Would Fund of Hedge Funds be a good step to take if one wants to do Institutional Equity Research Sales? Since the FoHF job would have lots of relationship experience with buyside clients.BB Sales and...
View ArticleTrading Multiples
I was wondering why it is BETTER for a company's multiple such as EV/EBITDA to become lower as time goes on? How does this show good value per say?Isn't this a skewed thing to say because a company can...
View ArticleThe owner and the ruler - the tale of 2 nations
Hi all,Here is a hypothetical scenario. Assume that a nation O (Owner) was under the rule of another nation R (Ruler) for a couple of decades. During this tenure R captured a bunch of assets such as...
View ArticleHow to be more efficent EXCEL/PDF HELP NEEDED
Hello guys! Right now I am doing an internship in an investment Bank, and one of the most time consuming things in modelling is to copy the financial statements of the companies (which are in PDF) into...
View ArticleEquity Research/Sales & Trading or Prop Trader
Can someone help me out here. I rather not list the firms, but I have offers from two different places. Should I take the equity research/S & T at the BB or MM Bank ... or Become a trader. They are...
View ArticleWhat to do before diving in Full-Time
Hey Monkeys, I'm getting ready to graduate in May and I am starting full-time within the Equity Research division. I wanted to know from you all, if there are training tools that you guys thought may...
View ArticleER Lifestyle Questions
Couple questions about sell-side ER that I haven't seen answered yet anywhere: 1. One thing I hate about investment banking is feeling chained to my desk. Can't leave at night for dinner plans, can't...
View ArticleDoes anyone have any experience interviewing for Jefferies Equity Research...
Have a call coming up and would like some insights as to what the process is like for a SA position. FT insights would also be appreciated!Jefferies Equity Research Interview Reply Quote Bookmark
View ArticleTop ER Companies to Apply to
Starting this thread for a way to help me, current and future readers in terms of best and worst firms/banks to apply to if they'd like to pursue Equity Research.Based off your experience, which...
View ArticleGetting Research on to Bloomberg/Thomson/etc.
Hey Everyone.I doubt this has been asked here but I wanted to see if anyone could help out. I am looking to get my firms research onto platforms, specifically Bloomberg or Thomson. Does anyone have...
View ArticleInformation Sessions over Phone Turning into Interviews
Hey guysSo I've been cold emailing a whole bunch of people from middle market and boutique equity research shops. My email's are simple, I attach a copy of my most recent research report and ask to...
View ArticleValuing a casino
What method do you use to value a casino?Would it be incorrect to use a DCF? Why or why not?Equity Research Reply Quote Bookmark
View ArticleTelsey Advisory Email Format
Hey guys, Does anyone know the email format for Telsey Advisory Group? I'm trying to reach out to a few research associates. I've tried first.last@telseygroup.com and f.last@telseygroup.com. Thanks for...
View ArticleDCF - FCFE or FCFF?
We can build a DCF to get a target Mkt Cap either using FCFF and deducting net debt at the end, or directly calculate a target mkt cap using discounted FCFE. For the FCFF we discount with a WACC and...
View ArticleEquity Research/ Sales and Trading recruiting process
I am a non target student. I have been cold calling and emailing every non BB firm in NY for ER and ST positions. I have a few interviews set up after I graduate, but nothing solid outside of that. Am...
View ArticleExit Opportunities with this skill set (CPA/CFA)
With two years of experience (1 in audit, 1 in TS) at a big4 firm in their NYC office, and having completed all 3 of the CFA examinations in addition to holding the CPA, what type of jobs in finance...
View Article