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Stock Pitch Workshop

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INTRODUCTIONS

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Team

Eric Park

From San Diego, CA

Tepper Class of 2026

JP Florentino-Mattos

From Sao Paulo, Brazil

Tepper Class of 2026

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Sign up for our mailing list

https://tinyurl.com/cmufast

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ATTENDANCE QR

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Website - CMUFAST.ORG

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Why Stock Pitches?

  • Networking
  • Interviews
  • Competitions
  • Clubs

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How to write a stock pitch

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Structure

  • Recommendation
  • Company & Industry Background
  • Investment Thesis
  • Valuation
  • Risks

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Recommendation

  • Which stock
  • Long or short
  • Risk/reward
  • Price target

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Company & Industry background

  • Company key financials
    • revenue
    • margins
    • 5 year cagr
  • Industry key financials
    • growth rates
    • cyclicality
    • regulation
  • Competitors

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Investment thesis

  • Why is this company undervalued
    • Change in earnings
    • New management
    • Increased visibility into risks
    • Sum of the parts
  • Focus on what the market is missing
    • Overly pessimistic about a new project
    • Unfairly doesn’t like management
    • Overcorrected to bad news
  • Things to avoid
    • Reasons that apply to multiple companies
    • Already priced in factors (eg acquisitions)

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Valuation

  • Discounted cash flow model
    • project out revenue and expenses
    • calculate terminal growth rate
    • find a discount rate
    • work back to stock pitch
  • Comps
    • find similar companies
    • compare different valuation multiples (p/e, ev/ebitda, ev/ebit, etc)
    • use company averages to find implied average assuming average quality companies

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How to Pitch It

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  1. Name of stock, buy/sell, and price target
  2. Brief description of the company (if required)
  3. Most simple/coherent explanation of why the company is undervalued/will go up you have

​

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Example Pitches

GE Pitch

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BAM Pitch

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Industry Questions

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Business Overview Questions

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Competition Questions

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Trends Questions

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Financial Profile Questions

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Financial Profile Questions

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Financial Profile Questions

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Technical Guides Studying Info

Guide

Importance

Deadline

Difficulty

Submission Form

Accounting

CRUCIAL

11/10 - Sunday

MODERATE

Link

Enterprise Value / Equity Value

CRUCIAL

11/17 - Sunday

MODERATE

Link

Valuation

CRUCIAL

11/24 - Sunday

COMPLEX

Link

DCF

CRUCIAL

12/1 - Sunday

MODERATE

Link

LBO

IMPORTANT

12/8 - Sunday

COMPLEX

Link

Merger Model

Varies on Team

12/15 - Sunday

VERY COMPLEX

Link

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Freshman - The Forage Assignments

Job Simulation

Deadline

Submission Form

Investment Banking

11/11 - Monday

Link

Sales & Trading

11/25 - Monday

Link

Investment Management

12/09 - Monday

Link

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Thank You for Coming!��We meet on Sundays (TEP 2612) from: 6-7pm�&�Mondays (TEP 2612)

from: 7-8pm

(subject to change)

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Questions?