APEX-Agents · Investment Banking
World 219_AE_Task05
APEX-Agents task World 219_AE_Task05 in AI Agents for M&A Legal Due Diligence. Compare dual-harness agent runs across models — rubric criteria, scores, and public traces.
Task prompt
What the agent was asked to do
What is the EV and implied share price of CNS in the DCF model using both Gordon growth model and exit multiple approach if each business segment grows as outlined below over the projection period of 2025 to 2030? Segment 1 - Investment advisory and administration fees grows at 7.0% revenue growth per annum Segment 2 - Distribution and service fees grows at 6.0% revenue growth per annum Segment 3 - Other grows at 5.0% revenue growth per annum Output the following to me with a short message in reply: 1. EV using the Gordon growth method 2. Implied share price using the Gordon growth method 3. EV using the exit multiple approach 4. Implied share price using the exit multiple approach Report share price in $ and to 2 decimal places, report EV in whole number and in millions. For operating expenses and capex use the Operating Assumptions (provided as a % of total revenue) laid out in the “LBO Model-hardcoded” tab.
Published trajectories
Agent runs on this task
Curated dual-harness runs (parsed + original sandbox). Best scored run per model.
| Model | Harness | Score | Result | Links |
|---|---|---|---|---|
| GPT-5.5showcase | dual | 4/4 | Pass | Share pagePublic trace |
| Gemini 3.1 Pro | dual | 0/4 | Fail | Share pagePublic trace |
| GPT-5.4 mini | dual | 4/4 | Pass | Share pagePublic trace |
| GPT-5.4 nano | dual | 4/4 | Pass | Share pagePublic trace |
Grading rubric
Criteria and grader verdict (showcase run)
States that the EV of CNS from the DCF using the Gordon Growth Model is $2,470 million
PassEvidence: TEXT_RESPONSE states, “EV using Gordon growth method: $2,470 million.” Assessment: The criterion asks whether it states the EV of CNS from the DCF using the Gordon Growth Model is $2,470 million; pass because the response gives exactly that value and method.
States that the implied share price from the DCF using the Gordon Growth Model is $52.46
PassEvidence: TEXT_RESPONSE states, “Implied share price using Gordon growth method: $52.46.” Assessment: The criterion asks whether it states the implied share price from the DCF using the Gordon Growth Model is $52.46; pass because the response gives exactly that value.
States that the EV of CNS from the DCF using the Exit Multiple Approach is $2,760 million
PassEvidence: TEXT_RESPONSE states, “EV using exit multiple approach: $2,760 million.” Assessment: The criterion asks whether it states the EV of CNS from the DCF using the Exit Multiple Approach is $2,760 million; pass because the response gives exactly that value and approach.
States that the implied share price from the DCF using the Exit Multiple Approach is $58.19
PassEvidence: TEXT_RESPONSE states, “Implied share price using exit multiple approach: $58.19.” Assessment: The criterion asks whether it states the implied share price from the DCF using the Exit Multiple Approach is $58.19; pass because the response gives exactly that value.