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  "documentTitle": "A&M Valuation Insights March 2024",
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      "text": "Transportation & Logistics firms saw a significant increase in EV, while Energy & Materials performed worse compared to 2022.",
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      "text": "EV/EBITDA: 6.3x",
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      "kind": "paragraph",
      "text": "The Enterprise Value (EV) developed differently across industries. Transportation & Logistics firms saw a significant increase in EV, while Energy & Materials performed worse compared to 2022.",
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      "kind": "source-note",
      "text": "Note: The analysis of forward EV/EBITDA trading multiple levels is based on all CDAX firms... Source: S&P Capital IQ, A&M Analysis.",
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      "text": "In a one-year comparison, Enterprise Values show the highest recovery in Transportation & Logistics",
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