FCF Fox Company Finance GmbH is delighted to publish the brand new “FCF Valuation Monitor – This fall 2021”.
The FCF Valuation Monitor is a complete valuation evaluation for the German small / midcap market phase and is revealed by FCF on a quarterly foundation.
Key insights of This fall 2021 are:
- All 4 main German indices have recovered from the market shock in March 2020 in response to the worldwide Covid-19 pandemic and reached new document highs in November 2021
- Investor uncertainty as a result of ongoing pandemic, resurging inflation charges and the potential of an finish of the central banks’ asset buy programmes led to a risky market improvement all through 2021. Excessive inflation charges and provide bottlenecks led to a pullback of all main indices in October 2021 earlier than bouncing again to excessive year-end ranges
- The TecDAX outperformed its German friends, gaining +20.9% during the last 12 months
- Within the final 12 months, the nice majority of industries confirmed constructive share value performances with positive factors starting from +7.8% (Communications Companies) to +66.3% (IT Companies). Solely the Web Merchandise / Companies business recorded share value losses of -14.5%
- Throughout all sectors, gross sales are anticipated to develop at 13.3% every year between 2020 and 2023, whereas the Media & Leisure, Renewable Merchandise / Companies and Transportation & Logistics sectors present gross sales progress charges of above 20%
To entry the complete report, please click on right here.
By Arno Fuchs, Tristan Blümli and Yasmin Herrmann