Stage 8 (2022) "FMWC Winter Classics"


This is an actual case study that was presented to the participants of the Financial Modeling World Cup 2022, Stage 8 (November 18-21).

Case study description:
This case is a typical financial modeling exercise where you need to create a 3-way statement financial model based on historical data. After the model is ready, you will be required to perform a valuation of the company. An ability to create 3-way financial models and do company valuations based on that, probably, is one of the core skills required from a financial modeler.

The downloadable file consists of the following:
Task: PDF file with Case Materials; PDF file with Questions; Excel file with a financial model
Solution: Excel file with full Solution Model; PDF file with correct Answers in Bold