Based on EV/EBITDA, most sectors in Q2 2019 for the Euro STOXX 600 experienced an increased multiple level (e.g., energy, industrials, or materials) while several EV/revenue multiples remained flat (e.g., consumer discretionary, energy, or industrials), according to the KPMG International Valuation Newsletter for the second quarter of 2019. “Following a sharp fall in the last quarter of 2018, the EV/EBITDA multiple of the information technology sector rose at its highest levels for two quarters in a row in 2019, hitting a one-year high by June 2019,” the newsletter says. KPMG also gives an update on country risk premiums and inflation-adjusted risk-free rate for BRICS countries and risk-free rate and equity risk premia for the Austrian capital market. In addition, there’s an interesting discussion on the effects of the IFRS 16 leasing standard on valuation issues.