FCF Valuation Monitor – Q1 2024 published

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

To access the full report, please click here. 

By Arno Fuchs, Tristan Blümli, Yasmin Herrmann and Florian Hoch