Valuation trends and practices
This special edition of KPMG’s Quarterly Brief - International Valuation Newsletter is dedicated to cost of capital as of March and April 2020.
The COVID-19 pandemic has significantly affected global financial markets in the first quarter of 2020. While stockmarkets have declined and volatility has increased, government bond yields have reached record lows, all reflecting concerns of increased uncertainty and anxiety of default risks.
Against this background we analyzed recent capital market developments and update our recommendations on the risk-free rate and the equity risk premium for Austria. For this purpose, we prepared various supporting analyses and gathered other evidence.
Download Newsletter: KPMG’s Quarterly Brief - International Valuation Newsletter