FCF Valuation Monitor – Q3 2022 published

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Valuation Monitor – Q3 2022”.

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 Q3 2022 are:

  • All four major German indices recovered well from the market shock in March 2020 in response to the global Covid-19 pandemic. However, after reaching record highs in November 2021, the indices have sold off sharply, showing negative performances over a 36-month period
  • Since July, all four major German indices recorded significant losses due to investors’ fear of an impending recession, driven by record high inflation rates and rising interest rates
  • Over the last twelve months, nearly all industries showed a negative share price performance with losses ranging between -13.6% (Technology) and -63.1% (Internet Products / Services). Only the Renewable Products / Services sector recorded a positive performance of +2.3%
  • Across all sectors, sales are expected to grow at 11.6% per annum between 2021 and 2024, while the Media & Entertainment and Renewable Products / Services sectors expect sales growth rates of above 20%

To access the full report, please click here.

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