Cookie and Privacy Settings

This website uses cookies to enable essential functions like the user login and sessions. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. You can choose to activate only essential cookies or all cookies. You can always change your preference in the cookie and privacy settings. This link can also be found in the footer of the site. If you need more information, please visit our privacy policy.

Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. GDPR, to your data being processed in the USA (by Google LLC, Facebook Inc., LinkedIn Inc., Stripe, Paypal).

Manage settings individually I accept
  1. Dashboard 1
  2. Consulting Q&A 2
  3. Estimation: You recently considered buying Greenland. How much would you pay for it? 3
2

Estimation: You recently considered buying Greenland. How much would you pay for it?

estimation Market sizing Oliver Wyman interview

I got this case recently in a real interview with Oliver Wyman. The interviewer did not provide any information about Greenland and wanted me to come up with all the ideas and estimate everything.

Hope that someone of you can help me in solving this case.

I got this case recently in a real interview with Oliver Wyman. The interviewer did not provide any information about Greenland and wanted me to come up with all the ideas and estimate everything.

Hope that someone of you can help me in solving this case.

 New answer on Sep 06, 2019
1.3 k Views
2 answers
  • Upvotes
  • Date ascending
  • Date descending
Best Answer
3
Book a coaching with Vlad

97% Recommendation Rate

410 Meetings

11,435 Q&A Upvotes

USD 239 / Coaching

Choose a time slot
View profile of Vlad

Hi,

Several approaches:

  • The fair value of land / buildings equipment
  • NPV from potential natural resources extraction
  • Benchmarking the territory with comparable transactions (Islands sold)
  • Alternative use of land - maybe there is a commercial use of this land, that makes the value much higher than it currently is. E.g. the potential usage can be a military base and you can benchmark how much the countries are paying for seting up these bases abroad

Best

Hi,

Several approaches:

  • The fair value of land / buildings equipment
  • NPV from potential natural resources extraction
  • Benchmarking the territory with comparable transactions (Islands sold)
  • Alternative use of land - maybe there is a commercial use of this land, that makes the value much higher than it currently is. E.g. the potential usage can be a military base and you can benchmark how much the countries are paying for seting up these bases abroad

Best

2 Book a coaching with Vlad

Related case(s)

Oliver Wyman case: Full Electrons Ahead

Oliver Wyman
Solved 101.5k times
Oliver Wyman case: Full Electrons Ahead Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise them on how to adjust the product offering.
4.6 5 6534
| Rating: (4.6 / 5.0)
Difficulty: Intermediate | Style: Real Case, Candidate-led (usual style) | Topics: Growth strategy, Market analysis, Market sizing, Operations strategy

Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Open whole case

Bain Case: Old Winery

Bain & Company
Solved 70.0k times
Bain Case: Old Winery You have inherited the “Old Winery” from your grandfather, a winery that has been family-owned for five generations and can be dated back to the 16th century. Half of the eleven hectares are used to grow white grapes, the other half to grow red grapes. They are grown in a conventional way, i.e. they are not organically farmed and certified. The vine stocks are in a good condition regarding age and care. Overall, the only ¼ of the harvest is made into wine by the winery itself; the rest is sold. Your grandfather never wanted to change the image of the winery and left the managerial and administrative task to a young and energetic wine-maker. Due to the not so well-known brand, the demand for the “Old Winery” wine is currently rather low. You do not intent to run the winery operatively, given your limited knowledge of winemaking, but find the idea of owning a winery exciting. Your plan is to give the winery some fresh impetus.
4.4 5 1912
| Rating: (4.4 / 5.0)
Difficulty: Intermediate | Style: Real Case, Candidate-led (usual style) | Topics: Growth strategy, Market analysis, Market sizing, Mergers & Acquisition

You have inherited the “Old Winery” from your grandfather, a winery that has been family-owned for five generations and can be dated back to the 16th century. Half of the eleven hectares are used to grow white grapes, the other half to grow red grapes. They are grown in a conventional way, i.e. the ... Open whole case

Roland Berger Case: Onlinestar

Roland Berger
Solved 49.7k times
Roland Berger Case: Onlinestar Onlinestar, an online retailer of furniture and garden products (core business), has grown significantly in recent years as a result of an expansion of its product portfolio. The company mainly imports goods from Chinese manufacturers but also operates its own production of cat lavatories (special business) in Eastern Europe. The company sells its goods via Amazon and eBay, and recently via an online shop on its website. Despite this development, the financial ratios have deteriorated in recent years. In particular, the gross profit margin decreased significantly. Combined with a significant increase in shipping costs, this led to a negative result for the first time in the recently ended fiscal year and a resulting strained financial situation. Against the background of expected stagnating sales for the current financial year, short-term action is required. The board of Onlinestar asks you for an analysis of the reasons for the negative result as well as a derived recommendation for action. As a consultant, you should bring in your knowledge in online trading and develop solutions. In addition, the management board would like to receive a sales and gross profit plan from you for the current financial year.
4.3 5 1044
| Rating: (4.3 / 5.0)
Difficulty: Intermediate | Style: Real Case, Candidate-led (usual style) | Topics: Growth strategy, Market analysis, Profitability analysis

Onlinestar, an online retailer of furniture and garden products (core business), has grown significantly in recent years as a result of an expansion of its product portfolio. The company mainly imports goods from Chinese manufacturers but also operates its own production of cat lavatories (special b ... Open whole case

Nutripremium

Solved 70.3k times
Nutripremium Nutripremium is a very well-known premium nutrition food company in Europe (€1 billion revenue last year). It is based in Spain and has an excellent market share not only in its home country but also in Portugal, France, Italy and Germany.  Nutripremium has two main lines of products: Vitamin-supplements for pregnant women Concentrated dehydrated aliments and vitamin pills for sick patients (with Diabetes or Cancer). The CEO of Nutripremium thinks that the market in Europe is starting to get saturated and wants you to analyze the Chinese market. What are the key areas you would explore to determine whether this is a good idea?
4.5 5 2255
| Rating: (4.5 / 5.0) |
Difficulty: Advanced | Style: Candidate-led (usual style) | Topics: Market analysis, Market entry, Market sizing

Nutripremium is a very well-known premium nutrition food company in Europe (€1 billion revenue last year). It is based in Spain and has an excellent market share not only in its home country but also in Portugal, France, Italy and Germany. Nutripremium has two main lines of products: Vitamin-su ... Open whole case

Children vaccine

Solved 62.5k times
Children vaccine Beyer, one of the biggest pharmaceutical companies in the world, just invented a very reliable vaccine against Chickenpox, a disease that affects children in the age from 2 to 16 years. Beyer came to you wondering what their potential sales in Europe in the first year would be if they launched this product next year. They are only interested in the overall sales revenue as they already know that the vaccine can be sold for a profit. This is more meant to show them how big the volume they have to supply is and what the revenue would be.
4.4 5 2271
| Rating: (4.4 / 5.0) |
Difficulty: Advanced | Style: Candidate-led (usual style) | Topics: Market entry, Market sizing, New product

Beyer, one of the biggest pharmaceutical companies in the world, just invented a very reliable vaccine against Chickenpox, a disease that affects children in the age from 2 to 16 years. Beyer came to you wondering what their potential sales in Europe in the first year would be if they launched this ... Open whole case

Similar questions

CraftingCases Paid Courses
World Market size of luxury stereo systems
Monitor Deloitte Written case Market sizing question
How many mattresses are used in hotels/ hospitals in X country?
Estimate how many hospital beds for pregnant women are necessary in a year in the US
How long did it take to build the Chinese Wall?
Market sizing number of daily travellers between Dubai and Abu Dhabi
How many elevators are needed in a mall?
How can I solve this case through a market sizing approach? Top down approach
Market Sizing - Growth + replacement
Ask new question

Related companies

Career and application at Oliver Wyman