From valuing individual securities or capital projects to evaluating M&A, estimating cost of capital is one of the most important decisions that corporate finance professionals make. Duff & Phelps is the leading global independent valuation services firm and a trusted expert on estimating cost of capital. For over 20 years, our professionals have published books, created studies, provided recommendations and built tools to help businesses and valuation professionals estimate cost of capital.
Duff & Phelps regularly hosts events and provides insights on current topics impacting cost of capital assumptions and demos of new products. Our thought leaders aim to help clients when estimating cost of capital. Explore their expert analysis and opinions on latest trends.
U.S. Equity Risk Premium Recommendations
Duff & Phelps regularly reviews fluctuations in the global economic and financial market conditions. These reviews warrant a periodic reassessment of the equity risk premium (ERP) and the accompanying risk-free rate and key inputs used to calculate the cost of equity capital in the context of the Capital Asset Pricing Model (CAPM) and other models used to develop discount rates.
Cost of Capital in the Current Environment
Learn more about the financial market and economic indicators taken into consideration when arriving at the Duff & Phelps recommended U.S. Equity Risk Premium and accompanying Normalized Risk-free Rate in the video provided on the left. The complimentary infographic tracks the impact of COVID-19 on some of these risk indicators.
Cost of Capital Navigator
The Duff & Phelps Cost of Capital Navigator is an online platform that guides you through the process of estimating the cost of capital, a key component of any valuation analysis. You can subscribe to any or all four cost of capital modules, each offering three annual subscription levels–Basic, Pro and Enterprise. Additional products offered by Duff & Phelps include the annual Stocks, Bonds, Bills and Inflation® (SBBI®) Yearbook which provides historical U.S. capital markets data.
Objective valuations for financial reporting, tax and management planning purposes.
Business Valuation Services
Valuation of a business or a business interest.
Middle-market M&A advisory differentiated by industry expertise and superior deal execution.
Alternative Asset Advisory
Provides an array of consulting services to alternative investment managers and investors.