FCF Valuation Monitor – Q1 2021 published

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Valuation Monitor – Q1 2021”.

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 2021 are:

  • While all four major German indices have recovered from the extreme market shock in March 2020 and are currently trading above their Pre-Covid level, the SDAX significantly outperformed its German peers, gaining 64.7% over the last 12 months. Meanwhile, the MDAX gained +50.3%, followed by the DAX with +49.0% and the TecDAX with a performance of +27.5%
  • In the last 12 months, positive share price performances are seen across all industries with gains ranging from +33.0% (communications sector) to +216.2% (internet products / services sector).
  • Across all sectors, sales are expected to grow at 4.8% per annum between 2019 and 2022, while the internet products / services, hightech / advanced machinery, software and renewable products / services sectors show two-digit sales growth rates with up to +15.9% (2019-2022)

To access the full report, please click here.

By Arno Fuchs, Tristan Blümli and Yasmin Herrmann