WACC comparison by sector

January 2024 6% 8% 10% 12% 14% 16% AutomotiveHealthcare & PharmaceuticalsRetail & Consumer GoodsIndustrial ProductsMediaSoftwareTechnologyTelecommunicationsTransportation & LogisticsUtilitiesMaterials

Multiple comparison by sector

Q4, 2023 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

January 2024 10% 12% 14% 16% BanksInsurance

Multiples in finance sector

Q4, 2023 BanksInsurance 0x 3x 6x 9x 12x 15x P/B P/E
Xavier Suin

Questions?

Xavier Suin

Director
Brussels
Tel.: +32(0)474 75 14 67

Philippe Rasquin

Questions?

Philippe Rasquin

Senior Director
Brussels
Tel.: +32(0)477 61 92 06