medium · Investment Banking

A private equity firm is evaluating an LBO of a target with $200 million in LTM EBITDA. The firm uses 5.0x Debt/EBITDA in leverage and contributes $400 million in equity to complete the $1,400 million acquisition. After 5 years, the company is sold for an Enterprise Value of $1,800 million with $600 million in remaining debt.

What is the Multiple on Invested Capital (MOIC)?

  1. 4.5x
  2. 3.0x
  3. 1.5x
  4. 2.0x

Sign up free to see the explanation and track your rank →

More Investment Banking practice

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 67,000+ practice questions, 25,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials