Raycaster/ Eval

APEX-Agents

gpt-5.5 on World219_Seed Task_06

3/7Fail
Domain
Investment Banking
Category
AI Agents for M&A Legal Due Diligence
Harness
dual

Grader rubric

Criteria verdict

  1. States filtered EV / EBITDA from the precedents is 14.92x

    Fail
  2. States 2025E EBITDA is $160.66

    Pass
  3. States Implied EV is $2,397.82

    Fail
  4. States Net Debt is -$182.95

    Pass
  5. States the Implied Market Cap is $2,580.77

    Fail
  6. States Fully Diluted Shares Outstanding is 50.57

    Pass
  7. States the Implied share price is $51.03

    Fail

Prompt excerpt

Task context

Using the precedents and DCF analysis calculate an implied share price for CNS to 2 decimal places. Exclude transactions where the target had <$90 B in AUM. Using the forward EBITDA from the DCF, assume a 10% increase in total expenses and only a 5% increase in Depreciation and amortization. Edit the existing sheet to provide the share price build (EV / EBITDA, 2025E EBITDA, Implied EV, Net Debt, Implied Market Cap, FDSO and share price), starting in the 'Precedents' tab. Round all values to 2 decimal places.

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