WACC comparison by sector

August 2020 4% 6% 8% 10% 12% AutomotiveHealthcare & PharmaceuticalsRetail & Consumer GoodsIndustrial ProductsMediaSoftwareTechnologyTelecommunicationsTransportation & LogisticsUtilitiesMaterials

Multiple comparison by sector

Q1, 2020 AutomotiveHealthcare & PharmaceuticalsRetail & Consumer GoodsIndustrial ProductsMediaSoftwareTechnologyTelecommunicationsTransportation & LogisticsUtilitiesMaterials 0x 5x 10x 15x 20x 25x EBITDA multiple EBIT multiple

The WACC takes into account a small firm premium of 3.67%
in the cost of equity reflecting a market cap smaller than €500m.

Cost of equity in finance sector

August 2020 8% 10% 12% BanksInsurance

Multiples in finance sector

Q1, 2020 BanksInsurance 0x 3x 6x 9x 12x 15x P/B P/E