A&M Germany: Valuation Insights
The recent trend in Germany indicates a rise in the price for taking equity risk, following a period of decline. The German market risk premium (MRP), which represents investors' current risk appetite, had decreased steadily since September 2022, primarily due to an increase in the risk-free rate. However, the MRP is now increasing again due to rising market returns, placing it in the mid-range of the FAUB (Fachausschuss für Unternehmensbewertung und Betriebswirtschaft) range.
Market volatility, as measured by VDAX-NEW, has remained relatively stable over the last 6 months, recovering from its previous peak in March 2020 to a comparable level. It's important to note that these trends are subject to information deficiencies and capital market exaggerations.
Download the full results of A&M Germany Valuation Insights.
Previous Reports
November 2022
July 2022
June 2022
February 2022
September 2021
February 2021
August 2020
