FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Valuation Monitor – Q1 2024”.
The FCF Valuation Monitor is a comprehensive valuation analysis for the German small / midcap market segment and is published by FCF on a quarterly basis.
Key insights of Q1 2024 are:
Over the past quarter, all four major German indices showed positive performances between +10.3% and +0.5%. The DAX outperformed significantly all other German indices, reaching one record high after another over the past few weeks
Based on 2024 and 2025 EBITDA-multiples, the Software, Internet Products / Services and Pharma & Healthcare peer groups show the highest valuations at 15.7x, 13.5x and 12.3x in 2024 and 14.4x, 8.6x and 9.3x in 2025, respectively
Meanwhile, the Consumer Products / Services, Construction Products / Services and Automotive Supply peer groups show the lowest valuations at 5.0x, 5.3x and 5.9x in 2024 and 4.6x, 4.8x and 4.7x in 2025, respectively