FCF Valuation Monitor – Q4 2020 published

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Valuation Monitor – Q4 2020”.

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 Q4 2020 are:

  • While all four major German indices have recovered from the extreme market shock in March 2020 and are trading above their Pre-Covid level in Q4 2019, the SDAX significantly outperformed its German peers, gaining 17.0% over the last 12 months
  • In the last 12 months, the majority of industries showed positive share price performances with gains ranging from +0.8% (technology sector) to +120.5% (internet products / services sector). However, some industries, like the transportations & logistics, industrial / business services and consumer products / services sectors, showed negative performances with decreases of 25.5%, 13.0% and 10.3%, respectively
  • Across all sectors, sales are expected to grow at 5.7% per annum between 2019 and 2022, while the renewable products / services, internet products / services, software and hightech / advanced machinery sectors show sales growth rates of above 10% (2019-2022)

To access the full report, please click here.

By Arno Fuchs, Tristan Blümli and Yasmin Herrmann