FCF regularly engages in comprehensive research on the public German small- / midcap market segment based on publicly available data. The findings are published quarterly in the
FCF VALUATION MONITOR
- Automotive Supply
- Communications Services
- Construction Products / Services
- Consumer Products / Services
- Hightech / Advanced Machinery
- Industrial / Business Services
- Industrial Machinery
- Industrial Materials
- Industrial Products
- Internet Products / Services
- IT Services
- Media & Entertainment
- Pharma & Healthcare
- Renewable Products / Services
- Software
- Technology
- Transportation & Logistics
- Automotive Supply
- Communications Services
- Construction Products / Services
- Consumer Products / Services
- Hightech / Advanced Machinery
- Industrial / Business Services
- Industrial Machinery
- Industrial Materials
- Industrial Products
- Internet Products / Services
- IT Services
- Media & Entertainment
- Pharma & Healthcare
- Renewable Products / Services
- Software
- Technology
- Transportation & Logistics
Market Fundamentals: Development of market indices and sector indices
Market Valuation: Development of valuation multiples (EV/EBITDA, EV/EBIT, P/E)
Sector Comparisons: Analysis and comparison of sectors across key financial metrics (Sales- & EBITDA growth rates, Margins, Leverage, Valuation)
- 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
- The majority of industries showed positive share price performances with gains ranging from +0.8% (technology sector) to +120.5% (internet products / services sector) in the last 12 months. 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
- Based on 2019 and 2020 EBITDA-multiples, the Renewable Products / Services, Software and Pharma & Healthcare peer groups show the highest valuations at 21.9x, 21.1x and 20.4x in 2019 and 21.1x, 20.9x and 18.7x in 2020, respectively. Meanwhile, the Automotive Supply, Construction Products / Services and Communications Services peer groups show the lowest valuations at 6.7x, 7.6x and 8.0x in 2019 and 9.4x, 6.4x and 6.8x in 2020, respectively
SMALLCAP / MIDCAP RESEARCH SERIES
The FCF SmallCap / MidCap research reports are periodically updated and cover eight specific sectors as well as certain general capital market developments. Based on the data of publicly listed European corporates, the respective sector and market are individually analyzed. Our systematic analyses include information to, amongst others:
Sector Research
Automotive Supplier Market Study
Research on the automotive supplier sector based on available data from European automotive suppliers.
European Chemicals Market Study
Research on the chemicals sector based on available data from European chemical companies.
Forestry, Paper and Packaging Market Study Research on the forestry, paper and packaging sector based on available data from European forestry, paper and packaging companies.
Industrial Machinery Market StudyResearch on the industrial machinery sector based on available data from European industrial machinery companies.
Metals & Materials Market Study
Research on the metals & materials sector based on available data from European metals & materials producers.
Logistics & Transportation Market StudyResearch on the logistics and transport sector based on publicly available data from European logistics and transportation providers.
European Infrastructure & Construction Market StudyResearch on the logistics and transport sector based on publicly available data from European logistics and transportation providers.
European Pharmaceutical Market Study
Research on the pharma sector based on available data from European pharma companies.
TMT Market StudyResearch on the TMT sector based on available data from European TMT companies.
Market Research
Bank Monitor
Analysis of the historic and current spreads of credit default swaps for banks most active in the German corporate lending market.
IPO Market MonitorProviding relevant valuation metrics (e.g. ratios, multiples), general information and performance data of European IPOs that have been issued within the last six months.
Valuation MonitorThe FCF Valuation Monitor is a comprehensive quarterly valuation analysis (e.g. ratios and multiples) for the German small / midcap market segment of selected industry sectors.
Credit MonitorComprehensive analysis of the interest rate environment and loan market for corporates in Germany.
NEWS & PRESS
FCF Credit Monitor – Q4 2020 published
FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Credit Monitor – Q4 2020”. The FCF Credit Monitor is a comprehensive report / analysis of the pricing and yield structure in the
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
FCF European Infrastructure & Construction Market Study 2020 – published
FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF European Infrastructure & Construction Market Study – 2020”. Based on available data from European infrastructure and construction companies, the FCF Infrastructure & Construction
FCF Bank Monitor – Q3 2020 published
FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Bank Monitor – Q3 2020”. FCF regularly engages in research on the banking sector based on available data from the most active and
FCF TMT Market Study 2020 – published
FCF Fox Corporate Finance GmbH is pleased to publish the new “FCF TMT Market Study – 2020”.. Based on available data from European TMT companies, the FCF TMT Market Study is a detailed and comprehensive
