VRS (VALUATION & RESEARCH SPECIALISTS)

 

 

Founded in 2002, VRS (VALUATION & RESEARCH SPECIALISTS) - VRS INTERNATIONAL S.A. is an independent Financial Research & Consulting Firm with offices in Luxembourg, Toronto and Athens, and with senior presence in the broader European and North American markets, providing advanced equity research and valuation reports as well as value-related advisory services and credit rating services to local and international institutions, business entities and individual clients.

VRS is a boutique financial advisor with more than 20 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Europe and North America.

Since 2002, VRS has completed more than 500 engagements in the areas of business valuation and financial analysis for more than 200 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

VRS provides corporations with services in financial restructuring, valuation of business enterprises, intangible assets and tangible fixed assets, value enhancement and strategic expansion.

VRS also assists companies involved in mergers and acquisitions and tracks the market in order to offer advice on when to make public offerings and private placements.

VRS cooperates with fund managers, asset managers, business owners, international organizations, banks and strategic or institutional investors.

VRS has worked with over 200 companies in Europe and North America in financing, private placements, initial public offerings, business acquisitions and mergers.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

LUXEMBOURG Macro Note & Financial Model, December 2025 | VRS Research ...

Review of economic indicators and financial markets, forecasts on selective macroeconomic metrics - Inflation, Public Finances, Unemployment, Balance of Payments, Stock Exchange General Index, Market Risk, Industry Betas, P/E Multiples, Corporate Tax Rates, Bond Yields, Economic Sentiment Index, Business Confidence Index, Real Estate Prices, Sovereign Ratings, Interest Rates and Foreign Direct Investment.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

BITCOIN Currency Analysis | December 2025

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

META PLATFORMS INC. [Bloomberg ticker META:US] Stock Analysis Report

The report deals with the statistical and graph (non technical) analysis of Meta Platforms stock. It includes analysis of stock returns, analysis of volume patterns and the stock’s beta coefficient. Moreover, the report provides information about Meta Platforms stock’s listing and participation in indices, and the stock’s shareholder structure. Meta Platforms Inc. is a leading global social technology and digital advertising company. Through its family of apps - including Facebook, Instagra...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

APPLE INC. [Bloomberg ticker AAPL:US] Stock Analysis Report

The report deals with the statistical and graph (non technical) analysis of Apple stock. It includes analysis of stock returns, analysis of volume patterns and the stock’s beta coefficient. Moreover, the report provides information about Apple stock’s listing and participation in indices, and the stock’s shareholder structure. Apple Inc. is a leading global technology company headquartered in Cupertino, California, best known for its consumer electronics, software and online services. Its p...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

MICROSOFT CORPORATION [Bloomberg ticker MSFT:US] Stock Analysis Report

The report deals with the statistical and graph (non technical) analysis of Microsoft Corporation stock. It includes analysis of stock returns, analysis of volume patterns and the stock’s beta coefficient. Moreover, the report provides information about Microsoft Corporation stock’s listing and participation in indices, and the stock’s shareholder structure. Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Compa...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

META PLATFORMS INC. [Bloomberg ticker META:US] Stock Analysis Report

The report deals with the statistical and graph (non technical) analysis of Meta Platforms stock. It includes analysis of stock returns, analysis of volume patterns and the stock’s beta coefficient. Moreover, the report provides information about Meta Platforms stock’s listing and participation in indices, and the stock’s shareholder structure. Meta Platforms Inc. is a leading global social technology and digital advertising company. Through its family of apps - including Facebook, Instagra...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

APPLE INC. [Bloomberg ticker AAPL:US] Stock Analysis Report

The report deals with the statistical and graph (non technical) analysis of Apple stock. It includes analysis of stock returns, analysis of volume patterns and the stock’s beta coefficient. Moreover, the report provides information about Apple stock’s listing and participation in indices, and the stock’s shareholder structure. Apple Inc. is a leading global technology company headquartered in Cupertino, California, best known for its consumer electronics, software and online services. Its p...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

MICROSOFT CORPORATION [Bloomberg ticker MSFT:US] Stock Analysis Report

The report deals with the statistical and graph (non technical) analysis of Microsoft Corporation stock. It includes analysis of stock returns, analysis of volume patterns and the stock’s beta coefficient. Moreover, the report provides information about Microsoft Corporation stock’s listing and participation in indices, and the stock’s shareholder structure. Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Compa...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM
VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

REVOIL S.A. [Bloomberg ticker: REVOIL:GA] Equity Research Note

Equity Research Note following Meeting with Company’s CEO | Revoil Petroleum Company S.A. is a Greece-based company engaged in the trade of petroleum products. The company is listed on Athens Exchange, Greece.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

CRUDE OIL WTI Futures Commodity Analysis

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

IRON ORE Futures Commodity Analysis | November 2025

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

US STEEL COIL Futures Commodity Analysis | October 2025

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

ALUMINUM FUTURES Commodity Analysis | March 2025

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

SILVER FUTURES Commodity Analysis | November 2024

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM
VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

EUROZONE Macro Note, March 2023

The economic outlook for the Euro area has slightly improved over the past quarter driven by declining energy prices, resilient balance sheets across households and corporations, and strong labor markets.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM
VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

VRS Research Team | GREECE Macro Note | October 2022

Macroeconomic Review Macroeconomic Review Excel Data

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  • VRS RESEARCH TEAM

EUROZONE Macro Note, September 2022

The economic outlook in the Euro area remains gloomy and a stagflationary shock is looming amid weakening economic fundamentals, soaring energy prices, and higher borrowing costs.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

GREECE Macro Note | July 2022

Macroeconomic Review  |  Macroeconomic Review Excel Data  |  #eurozone #greekeconomy #macroeconomics

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

BITCOIN Currency Analysis | December 2025

Technical Analysis & Fundamental Review | VRS Research Team

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

EUR/CAD Technical Comment, November 2025

Technical Analysis & Fundamental Review

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM
VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

EUR/USD Technical Comment, October 2025

Technical Analysis & Fundamental Review

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

EUR/CHF Technical Comment, March 2025

Technical Analysis & Fundamental Review

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

Global Bond Markets Report

Full Bond Market Review - Latest Developments, Graph Analysis & Statistics

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

Global Bond Markets Report

Global Bond Markets Review

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  • VRS RESEARCH TEAM

Global Bond Markets Report, March 2020

Bond markets continue to reflect investors’ worries about the damage the coronavirus is doing to the global economy, but at the same they have taken their own hit as global conditions have substantially deteriorated and the need for liquidity from any source available is now top priority.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

Global Bond Markets Report, June 28, 2019

Our analysis deals with the major government bond markets across the globe. Data as of end June 2019.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

Stock Markets & Currencies, Historical Graph Analysis Report, Period 2...

Historical Graph Analysis Report Stock Market Indices: Dow Jones IA 30 – USA, Nikkei 225 – Japan, FTSE 100 – UK, DAX 30 – Germany, CAC 40 – France, General Index – Greece, Nasdaq – USA Foreign Exchange Rates: EUR / USD, USD / JPY, EUR / JPY, GBP / USD, EUR / CHF, EUR / GBP, USD / CHF

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

EUROZONE Economic Outlook - Q3 2020, September 2020

Despite the recent rebound in economic activity, the outlook in Euro Area remains extremely uncertain and is subject to exceptional risks given the spread of new infections in many European countries. Sluggish global demand and the recent appreciation of the single currency exchange rate could hamper exports and inflation outlook. In addition, lower energy prices, cautious household consumption and higher unemployment rates are expected to drag inflation rates even lower.

Global Markets Quarterly Update, June 1st 2020

The early 2020 Coronavirus/COVID market collapse will be remembered for many decades to come as the decline that not only caught by surprise many analysts and investors but also as the event that humbled even the famous ones. Many market mavens and gurus were easily beaten by the market as we all contemplated from front row sits the show of a life time.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

Global Markets Update | Equities, Bonds, Currencies & Commodities, Feb...

The last quarter of 2019 was perhaps one for the market history books. And that was not only because of the amazing performance of many markets (equities especially) but also of the way once again the US Fed and other Central Banks “intercepted” with the previously developing reality.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

BITCOIN Technical Comment

Technical Analysis & Fundamental Review

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

Valuing Software Startups in Europe and North America: Tips & Takeaway...

We highlight some tips and takeaways from VRS Team’s engagement in valuation assignments with regard to SaaS startup companies in Europe and North America.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

UNITED KINGDOM Macro Note & Financial Model, December 2024

The UK economy has recently shown signs of stabilizing after a period of stagnation, with a modest uptick in household spending and business investment.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM
VRS RESEARCH TEAM
  • VRS RESEARCH TEAM
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  • VRS RESEARCH TEAM

LUXEMBOURG Macro Note & Financial Model, December 2025 | VRS Research ...

Review of economic indicators and financial markets, forecasts on selective macroeconomic metrics - Inflation, Public Finances, Unemployment, Balance of Payments, Stock Exchange General Index, Market Risk, Industry Betas, P/E Multiples, Corporate Tax Rates, Bond Yields, Economic Sentiment Index, Business Confidence Index, Real Estate Prices, Sovereign Ratings, Interest Rates and Foreign Direct Investment.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

INDIA Macro Note, November 2025

Review of economic indicators and financial markets, forecasts on selective macroeconomic metrics - Inflation, Public Finances, Unemployment, Balance of Payments, Stock Exchange General Index, Market Risk, Industry Betas, P/E Multiples, Corporate Tax Rates, Bond Yields, Economic Sentiment Index, Business Confidence Index, Real Estate Prices, Sovereign Ratings, Interest Rates and Foreign Direct Investment.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

GREECE Macro Note, October 2025

Review of economic indicators and financial markets, forecasts on selective macroeconomic metrics - Inflation, Public Finances, Unemployment, Balance of Payments, Income from Tourism, Income from Shipping, Athens Exchange General Index, Market Risk, Industry Betas, P/E Multiples, Corporate Tax Rates, Bond Yields, Economic Sentiment Index, Business Confidence Index, Real Estate Prices, Sovereign Ratings, Interest Rates and Foreign Direct Investment.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

CHINA MAINLAND Macro Note & Financial Model, September 2025

Review of economic indicators and financial markets, forecasts on selective macroeconomic metrics.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

LUXEMBOURG Macro Note, September 2025

Review of economic indicators and financial markets, forecasts on selective macroeconomic metrics - Inflation, Public Finances, Unemployment, Balance of Payments, Stock Exchange General Index, Market Risk, Industry Betas, P/E Multiples, Corporate Tax Rates, Bond Yields, Economic Sentiment Index, Business Confidence Index, Real Estate Prices, Sovereign Ratings, Interest Rates and Foreign Direct Investment.

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