Equity Story & Valuation Agent
Builds the equity-story valuation and pricing analysis.
Builds the valuation that anchors the equity story (trading comps, DCF, sum-of-the-parts) and runs the discount/premium scenarios the syndicate desk head needs for pricing. Frames the range; the accountable syndicate desk head sets where in it to land.
Authority
Recommend for approval
Team role
Provides specialist analysis
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Equity Capital Markets (ECM)
Desk workflow
Mandate, then equity story and valuation, then prospectus drafting, roadshow, bookbuild, pricing and allocation. The accountable syndicate desk head owns the pricing and allocation call; the bookbuild agent runs the book mechanics and specialist agents draft and model.
Collaboration
Works within a defined desk workflow
Decision boundary
An accountable reviewer commits the decision or action.
Systems and capabilities involved
Market data (CapIQ / FactSet)
Valuation sandbox
Comps set
shared with the M&A comps agent
Syndicate desk head review channel
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
Receives from
Context
What the role needs to do the work
- Current work
- The valuation build and the live pricing scenario grid.
- Prior interactions
- Prior ECM valuations in the sector and how they priced vs. the range.
- Policies and reference
- IPO-discount conventions, sector multiples, float dynamics.
- Working method
- Valuation-build playbooks per offering type.
Checks and boundaries
What must be tested or reviewed
- 01Range reconciliation across comps / DCF / SOTP; divergence must be explained.
- 02Pricing scenarios sanity-checked against recent sector IPO outcomes.
- 03No price commits from the range alone; the accountable syndicate desk head picks the level and records the call.
Human authority
An accountable reviewer commits the decision or action.
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