德安华（Kroll）：2022年第四季度欧洲行业市场倍数报告（英文版）（85页）.pdf

1、Industry Multiples in EuropeQ4 2022Table of Contents2Page1.Foreword32.Summary53.Country Snapshots64.Industry MultiplesCommunication ServicesMedia and Entertainment11Telecommunication Services14Consumer DiscretionaryAutomobiles and Components17Consumer Durables and Apparel20Consumer Services23Retaili

2、ng26Consumer StaplesFood and Staples Retailing29Food,Beverage and Tobacco32Household and Personal Products35Energy38Financials41Health CareHealth Care Equipment and Services44Pharmaceuticals,Biotechnology and Life Sciences47IndustrialsCapital Goods50Commercial and Professional Services53Transportati

3、on56Information TechnologySemiconductors and Semiconductor Equipment59Software and Services62Technology Hardware and Equipment65Materials68Real Estate71UtilitiesElectric,Gas and Water Utilities74Independent Power and Renewable Producers775.Criteria806.Industry Definitions817.Contact85ForewordForewor

4、dDear readers,We are pleased to launch the fifth edition of our Industry Multiples in Europe quarterly report.This report providesvaluable insights into trading multiples for various key industries in Europe as of December 31,2022.Our analysisuses constituents of the STOXXEurope Total Market Index(“

5、STOXX Europe TMI”),which covers about 95%of thefree float in Europe,distributed among several industries and sectors,following the definitions by the Global IndustryClassification Standard(GICS).The global economy faced big challenges in 2022,such as high inflation,the war in Ukraine and the zero-CO

6、VID-19policy in China.These will likely continue to have repercussions in 2023.Europe has been disproportionatelyimpacted by Russias war on Ukraine,with energy costs rising significantly and high inflation sparking a cost-of-living crisis.Consumer and business confidence across Europe has fallen sig