Quarterly Update 3|2023: Cost of capital and SME multiples DACH region

Are you valuing an SME and looking for beta factors and multiples? Or would you like to compare the planning calculation with selected industry key figures? We publish current cost of capital parameters, SME multiples and key figures for numerous industries on a quarterly basis. Further sub-industries and key parameters for over 7,000 comparable companies can be found in our web-based valuation solution https://app.wevalue.ch.

Compared to the previous quarter, the levered and unlevered beta factors and the return on invested capital (ROIC) have risen slightly. By contrast, the EBITDA, EBIT, earnings and book value multiples as well as the EBITDA margins have fallen slightly. While the risk-free interest rate in Switzerland remained constant compared to the previous quarter, it rose slightly in Germany.