2015 International Valuation Handbook - Guide to Cost of Capital
Hardcover, PDF Update(s)
Carla Nunes, Duff & Phelps, James Harrington, Roger Grabowski
Duff & Phelps
The Duff & Phelps 2015 International Valuation Handbook-Guide to Cost of Capital is a must-have publication that includes data through December 2014 and March 2015 and builds on the same rigorous country-level cost of capital analysis previously published in the Morningstar/Ibbotson “international” reports. It includes country-level country risk premia (CRPs) and country-level equity risk premia (ERPs) which can be used to estimate country-level cost of equity capital globally, from the perspective of investors based in up to 56 different countries.
Highlights of the guide include:
Country-level country risk premium for up to 188 countries globally, from the perspective of investors based in up to 56 different countries.* The models applied in the International Valuation Handbook-Guide to Cost of Capital include:
Country credit rating model
Country yield spread model
Relative standard deviation model
Long-horizon and short-horizon ERP data for 16 countries based in USD and “local” currency. ERP estimates include:
ERP data previously available in the Morningstar/Ibbotson “international” reports
Pablo Fernandez’ survey of ERPs for a variety of countries
Long-horizon and short-horizon ERP data in USD and “local” currencies
One optional semi-annual update includes data through June and September and is available for an additional fee.
*Depending on data availability; some countries may not include all data points.