FINEXPERT REPORT February 2021
Annual DACH Capital Market Report
Content
Preface & people
Executive Summary
Risk-free rate
Market returns and market risk premium
Sector classification of the DACH region
Betas
Sector returns
Trading multiples
In our DACH Capital Market Study (December 31, 2020), we derive valuation parameters and cost of equity in a comprehensive manner for Germany, Austria and Switzerland to provide a sound basis for investment decisions, which is paramount in the current uncertain economic environment. We present current valuation levels based on trading multiples and estimate cost of equity according to four different methodologies for twelve different sectors. >more
