FINEXPERT REPORT February 2022
Semi-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
ValueTrust, finexpert and the Institute of Management Accounting and Auditing at WU Vienna publish the eleventh edition of the ValueTrust DACH Capital Market Study (version: June 30, 2022). In our DACH Capital Market Study, 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. We present current valuation levels based on stock market multiples and estimate the cost of equity using four different methods for twelve different industries. >more
