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Trading Comps Modeling - WSP Exam
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Completed exam as of September 2024 with correct answers
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9/26/24, 9:31 PM Completed Exam | Wall Street Prep Back to Course | Exit to Learning Dashboard
Review: Trading Comps Modeling Exam
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Question 1
The next two questions use data from Athenahealth financial filing, which can be downloaded by clicking here.
The next two questions will use the following scenario:
It is July 4, 2017 and you are asked to perform a company profile for Athenahealth (ATHN), with a latest closing share price of
$140.07. The company’s most recent earnings report was for the first quarter 2017 for the period ending 3/31/2017.
Calculate ATHN’s LTM Non-GAAP operating profit. Use the company’s own definition of Non-GAAP operating profit when arriving
at your calculations.
Hint: You only need the Q1 2017 and Q4 2016 press releases to answer this question.
26.6
27.4
130.1
132.3
154.3
Question 2
This question uses the same Athenahealth data as the previous question, which can be downloaded by clicking here.
This question uses the same scenario as the previous question, repeated below:
It is July 4, 2017 and you are asked to perform a company profile for Athenahealth (ATHN), with a latest closing share price of
$140.07. The company’s most recent earnings report was for the first quarter 2017 for the period ending 3/31/2017.
Calculate ATHN’s enterprise value.
Hint: You only need the Q1 2017 10Q and the 2016 10K to answer this question.
5,655.00
5,682.80
5,809.00
5,823.45
5,915.70
Question 3
A Company has the same level of Operating Income for Q1 of two consecutive years. However, for the more recent Q1, levels of
D&A dropped.
When you compare the Company’s most recent Q1 LTM EBIT and EBITDA to those of its last complete fiscal year, you would
expect:
LTM EBIT to increase, LTM EBITDA to decrease
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