ValueTrust has released a special edition (fifth) of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries. ValueTrust usually releases this study on a semiannual basis, but, “given the current COVID-19 crisis and the associated declines in market capitalization and revision of analyst forecasts, we release an additional study as of March 31, 2020 in order to give decision-makers guidelines with regard to current valuation parameters,” the firm says. The study also includes trading multiples and total shareholder returns across a wide range of industries.