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

UBER TECHNOLOGIES INC. [Bloomberg ticker: UBER:US] Equity Research & V...

Uber’s investment profile is supported by the continued monetization of its global mobility and delivery platform and a gradual shift toward more consistent earnings generation. Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Mobility, Delivery, and Freight.

VRS RESEARCH TEAM
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PALANTIR TECHNOLOGIES INC. [Bloomberg ticker: PLTR:US] Equity Research...

Palantir is transitioning into a scaled, commercially relevant AI platform provider. Historically defined by its government contracts, the company has reoriented its strategy around productized, enterprise-grade AI, most notably through the rapid expansion of its AIP. This shift has accelerated U.S. commercial growth, expanded margins, and established a pathway to durable profitability. Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigatio...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

EUROZONE Macro Note & Financial Model, February 2026 | VRS Research Te...

The Euro area economy is entering 2026 with soft but still positive growth after ending 2025 on a slightly firmer footing than feared.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

GREECE Macro Note, January 2026 | VRS Research Team

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

UBER TECHNOLOGIES INC. [Bloomberg ticker: UBER:US] Equity Research & V...

Uber’s investment profile is supported by the continued monetization of its global mobility and delivery platform and a gradual shift toward more consistent earnings generation. Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Mobility, Delivery, and Freight.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

PALANTIR TECHNOLOGIES INC. [Bloomberg ticker: PLTR:US] Equity Research...

Palantir is transitioning into a scaled, commercially relevant AI platform provider. Historically defined by its government contracts, the company has reoriented its strategy around productized, enterprise-grade AI, most notably through the rapid expansion of its AIP. This shift has accelerated U.S. commercial growth, expanded margins, and established a pathway to durable profitability. Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigatio...

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

WALMART INC. Flash Note

Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S.

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  • VRS RESEARCH TEAM

ELASTRON S.A. Flash Note

Elastron SA is a Greece-based company engaged in the manufacture and trade of processed steel products.

VRS RESEARCH TEAM
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BLOCK INC. [Bloomberg ticker: XYZ:US] Equity Research Note

Block’s strategic outlook is shaped by its continued transition toward a more integrated, ecosystem-driven fintech platform, with monetization and operating leverage increasingly prioritized over pure volume growth. Financial performance is trending toward greater stability, supported by improving margins, tighter cost controls, and strengthening free cash flow generation. Block, Inc. builds technology to increase access to the global economy. The Company operates through two segments: Squa...

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

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EUROZONE Macro Note & Financial Model, February 2026 | VRS Research Te...

The Euro area economy is entering 2026 with soft but still positive growth after ending 2025 on a slightly firmer footing than feared.

VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

GREECE Macro Note, January 2026 | VRS Research Team

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

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.

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VRS Research Team | GREECE Macro Note | October 2022

Macroeconomic Review Macroeconomic Review Excel Data

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
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  • 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

VRS RESEARCH TEAM
  • 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

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  • 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
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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.

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