Asset Management Valuation Multiples and Public Comps

Asset Management

See analyst estimates and all valuation multiples for Asset Management

Company	EV	EV/Revenue	EV/EBITDA
Brookfield	$287B	49.3x	11.1x
Morgan Stanley	$252B	4.0x	n/a
BlackRock	$136B	6.5x	15.3x
Goldman Sachs	$135B	2.5x	n/a
Blackstone	$110B	9.1x	15.3x
Investor AB	$91.9B	14.6x	21.5x
Strategy	$87.1B	186.6x	2357.4x
Brookfield Asset Management	$75.5B	17.2x	28.3x
Brookfield Infrastructure Partners	$65.9B	n/a	n/a
ORIX	$63.4B	3.2x	23.1x
Macquarie Group	$60.5B	5.6x	n/a
Guotai Junan International	$56.3B	9.0x	n/a
Prudential Financial	$54.5B	0.8x	6.8x
3i Group	$49.4B	6.8x	7.2x
Ameriprise Financial	$41.9B	2.4x	7.6x
Ares Management	$40.5B	10.4x	24.2x
GF Securities	$38.7B	10.1x	n/a
Sun Life Financial	$38.3B	4.0x	10.8x
Brookfield Renewable Partners Canada	$37.8B	n/a	n/a
China Galaxy Securities	$37.5B	7.6x	n/a
Power Corporation of Canada	$35.6B	2.8x	n/a
Partners Group	$32.0B	12.7x	20.0x
Northern Trust	$31.0B	3.7x	n/a
Raymond James	$30.9B	2.3x	n/a
Swiss Life	$28.9B	2.2x	n/a
Korea Investment Holdings	$28.8B	15.9x	n/a
KKR	$28.4B	3.8x	5.5x
Guosen Securities	$28.2B	n/a	n/a
Ares Capital	$27.4B	9.0x	7.5x
Meritz Financial	$26.5B	9.6x	n/a
Corebridge Financial	$26.4B	1.3x	6.5x
EQT	$25.8B	9.2x	15.6x
Orient Securities	$24.2B	9.0x	n/a
Carlyle Group	$22.6B	5.9x	14.7x
Mega Financial Holding Co	$19.7B	8.3x	n/a
Franklin Resources	$18.5B	2.8x	9.8x
ASR Nederland	$18.3B	1.9x	12.0x
CVC Capital Partners	$18.1B	9.7x	17.0x
Everbright Securities	$17.8B	9.8x	n/a
T. Rowe Price	$17.3B	2.4x	6.2x
Klepierre	$17.2B	13.0x	15.7x
Latour	$17.2B	6.5x	n/a
Jefferies	$17.0B	2.4x	17.0x
Founder Securities	$16.6B	15.3x	n/a
Principal Financial Group	$16.2B	1.0x	6.7x
Covivio	$16.1B	21.9x	25.3x
Julius Baer	$16.0B	3.6x	n/a
Invesco	$15.8B	3.5x	10.6x
China Industrial Securities	$15.6B	7.4x	n/a
Scottish Mortgage IT	$15.3B	n/a	n/a
Jio Financial	$15.1B	61.9x	n/a
Amundi	$14.9B	4.0x	8.2x
Taiwan Cooperative Bank	$14.9B	n/a	n/a
Equitable Holdings	$14.9B	1.0x	4.9x
State Street	$14.7B	1.1x	n/a
Bajaj Holdings	$14.6B	n/a	n/a
Groupe Bruxelles Lambert	$13.9B	2.1x	83.5x
Gecina Nom	$13.8B	18.3x	22.5x
Lundbergföretagen	$13.4B	n/a	n/a
Industrivarden	$13.3B	n/a	22.2x
Blue Owl Capital Inc.	$13.2B	5.4x	9.7x
Zhongtai Securities	$13.1B	n/a	n/a
FS KKR Capital	$12.6B	7.5x	7.5x
KGI Financial	$11.9B	n/a	n/a
Cinda Securities	$11.9B	25.8x	n/a
HAL Tr	$11.5B	0.8x	3.2x
Soochow Securities	$11.1B	6.6x	n/a
Tianfeng Securities Co	$10.9B	n/a	n/a
Kiwoom Securities	$10.8B	8.5x	n/a
Zheshang Securities	$10.6B	4.8x	n/a
IGM Financial	$10.6B	4.4x	9.7x
Caitong Securities	$10.3B	11.1x	n/a
Pershing Square Holdings	$10.0B	n/a	n/a
Basellandschaftliche	$10.0B	n/a	n/a
HDFC Mutual Fund	$9.9B	22.6x	29.3x
Changjiang Securities	$9.9B	8.1x	n/a
Capital Securities Corp.	$9.3B	n/a	n/a
Guoyuan Securities	$9.1B	n/a	n/a
Storebrand	$9.0B	2.1x	n/a
Sofina	$9.0B	n/a	n/a
Grupo Bolivar	$8.9B	n/a	n/a
Onex	$8.7B	n/a	n/a
Dongxing Securities	$8.6B	n/a	n/a
SEIC	$8.4B	3.9x	12.0x
M&G	$8.2B	6.3x	n/a
Warehouses De Pauw	$8.2B	18.4x	19.0x
Daishin Securities	$8.0B	18.6x	n/a
Sanlam	$7.9B	3.1x	6.3x
Voya Financial	$7.8B	1.0x	n/a
Western Securities	$7.4B	8.8x	n/a
DWS Group	$7.4B	2.4x	6.5x
HASI	$7.2B	18.5x	28.4x
Wendel	$7.1B	0.8x	5.5x
HuaAn Securities Co	$7.1B	n/a	n/a
F&C Investment Trust	$6.9B	n/a	n/a
Discovery	$6.8B	2.6x	n/a
Sunshine Insurance Group	$6.8B	0.6x	n/a
Main Street Capital	$6.7B	12.3x	n/a
TPG	$6.7B	2.1x	6.9x
Yuanta Financial Holdings	$6.5B	2.8x	n/a
Societe Fonciere	$6.4B	24.0x	28.2x
Covivio Hotels	$6.3B	n/a	n/a
Compagnie du Cambodge	$6.3B	n/a	n/a
Intermediate Capital Group	$6.3B	5.4x	9.8x
Sinolink Securities	$6.2B	7.0x	n/a
Affiliated Managers Group	$6.2B	3.0x	6.4x
Southwest Securities	$6.1B	n/a	n/a
Alliance Witan	$6.1B	n/a	n/a
St James's Place	$6.0B	6.0x	11.3x
Hamilton Lane	$6.0B	8.8x	18.4x
Aedifica	$5.9B	16.1x	18.8x
Legal & General	$5.7B	0.4x	2.5x
Australian Foundation Investment Company	$5.6B	n/a	n/a
Harel Group	$5.5B	1.5x	n/a
VZ VermögensZentrum	$5.5B	9.1x	17.2x
Eurazeo	$5.4B	15.9x	-30.6x
Carmila	$5.4B	12.8x	14.7x
Greencoat UK Wind	$5.3B	23.4x	n/a
Cofinimmo	$5.2B	13.4x	16.7x
Great Eastern Life	$5.1B	n/a	n/a
Icade	$5.1B	13.1x	15.6x
360 One Wam	$5.1B	17.2x	37.2x
BOC International China	$5.1B	13.8x	n/a
Tikehau Capital	$4.7B	6.9x	13.5x
KBC Ancora	$4.6B	11.5x	n/a
Burford Capital	$4.6B	8.6x	n/a
Motilal Oswal	$4.5B	4.6x	14.5x
3i Infrastructure	$4.4B	n/a	n/a
Altarea	$4.4B	1.5x	14.5x
Polar Capital Technology Trust	$4.2B	n/a	n/a
Remgro	$4.1B	1.5x	19.8x
AllianceBernstein	$4.1B	1.2x	3.4x
Argo Investments	$4.0B	n/a	n/a
GQG Partners	$3.8B	4.9x	6.5x
Okasan Securities	$3.8B	n/a	n/a
Aberdeen Group	$3.8B	2.2x	10.2x
Lazard	$3.7B	1.3x	8.6x
RIT Capital Partners	$3.7B	n/a	n/a
Tata Investment	$3.6B	n/a	n/a
MA Financial	$3.6B	17.7x	60.8x
Cohen & Steers	$3.6B	6.9x	n/a
Inversiones La Construcción	$3.6B	1.2x	n/a
alstria office REIT	$3.5B	16.6x	n/a
StepStone Group	$3.5B	3.9x	8.9x
Argan	$3.5B	16.0x	17.1x
Brederode	$3.3B	n/a	n/a
Janus Henderson	$3.2B	1.3x	4.6x
E-L Financial	$3.2B	n/a	n/a
Authum Investment & Infrastructure	$3.2B	n/a	n/a
EdelweissFin	$3.2B	n/a	n/a
Virtus Investment Partners	$3.1B	3.6x	11.0x
Xior Student Housing	$3.1B	16.6x	22.0x
Eurocommercial Props	$3.0B	11.4x	15.5x
Menora Mivtachim	$3.0B	n/a	n/a
Bridgepoint Group	$2.9B	4.9x	9.0x
HgCapital	$2.9B	n/a	n/a
Federated Hermes	$2.9B	1.7x	6.8x
Azimut Group	$2.8B	1.8x	3.9x
Vontobel	$2.8B	1.7x	n/a
Moncey (Fin) Nom	$2.7B	n/a	n/a
JM Financial	$2.7B	n/a	n/a
Guolian Securities	$2.5B	4.4x	n/a
Artisan Partners	$2.5B	2.2x	6.4x
Hanwha Investment	$2.5B	n/a	n/a
Mandatum	$2.5B	14.5x	11.7x
Kinnevik	$2.5B	26.3x	48.8x
Peugeot Invest	$2.4B	8.7x	9.8x
Montea	$2.4B	18.3x	18.2x
Man Group	$2.3B	1.6x	4.4x
Altus Power	$2.3B	11.0x	19.2x
Capital Financial	$2.3B	n/a	n/a
Mercialys	$2.2B	11.4x	13.7x
Bure Equity	$2.1B	n/a	n/a
Cenergy Holdings	$2.0B	1.0x	6.7x
Frey	$1.9B	n/a	n/a
Retail Estates	$1.9B	12.1x	14.9x
GIMV	$1.8B	n/a	n/a
Wereldhave	$1.8B	9.9x	13.6x
SSI Securities	$1.7B	5.0x	n/a
Phoenix Financial	$1.7B	0.7x	n/a
Perpetual	$1.7B	2.0x	6.6x
Old Mutual	$1.7B	0.4x	3.2x
Patria Investments	$1.7B	4.5x	9.8x
Investec	$1.5B	0.6x	n/a
Norte Grande	$1.5B	n/a	n/a
P10	$1.5B	5.0x	11.8x
Antin Infra	$1.4B	4.3x	7.5x
HBM Healthcare Inv	$1.4B	15.7x	23.1x
Galaxy Digital	$1.4B	1.4x	3.0x
Luxempart	$1.4B	n/a	n/a
Mutares	$1.4B	n/a	n/a
Metrics Master Income	$1.3B	n/a	n/a
Nextensa	$1.3B	11.4x	18.7x
Investcorp Capital	$1.2B	9.4x	9.9x
Sprott	$1.2B	7.2x	13.2x
Oakley Capital	$1.2B	n/a	n/a
İş Yatırım	$1.1B	n/a	n/a
PSG Financial Services	$1.1B	n/a	n/a
Cymbria	$1.1B	n/a	n/a
Care Property Invest	$1.1B	14.1x	16.7x
Value Grupo Financiero	$1.1B	n/a	n/a
Novavest Real Estate	$1.1B	22.1x	30.8x
InvestCo Holding	$1.1B	n/a	n/a
IntegraFin	$1.0B	5.2x	12.2x
WAM Leaders	$1.0B	n/a	n/a
Abacus Global Management	$1.0B	7.6x	14.0x
Fiera Capital	$963M	2.0x	6.9x
Eurohold Bulgaria	$955M	n/a	n/a
ALTAMIR	$940M	571.2x	-45.8x
NB Private Equity Partners	$931M	n/a	n/a
Creades	$924M	n/a	n/a
Amanat	$885M	n/a	n/a
Shin Young Securities	$883M	n/a	n/a
Patrimoine et	$828M	n/a	n/a
Chapters Group	$827M	6.1x	25.2x
Viel	$820M	n/a	n/a
Vitura	$810M	n/a	n/a
NSI	$780M	10.7x	13.7x
Wereldhave	$776M	n/a	n/a
Home Invest Belgium	$772M	21.4x	25.5x
Molten Ventures	$743M	6.7x	9.7x
VinaCapital	$720M	n/a	n/a
Deutsche Konsum REIT	$667M	7.9x	11.8x
Syncona	$666M	10.5x	3.5x
Immobiliere Dassault	$665M	n/a	n/a
Clairvest Group	$663M	n/a	n/a
IP Group	$644M	-4.6x	-10.0x
Ascencio	$638M	11.0x	13.4x
Guardian Capital	$632M	n/a	n/a
Chrysalis Investments	$621M	578.3x	n/a
Renta 4	$617M	n/a	34.2x
Deutsche Beteiligungs	$610M	5.9x	9.9x
Spiltan Invest	$603M	n/a	n/a
Vastned	$585M	8.1x	11.6x
Treasure ASA	$579M	n/a	n/a
Senvest Capital	$541M	n/a	n/a
IDI SCA	$538M	10.7x	40.3x
Svolder	$531M	n/a	n/a
Bleecker	$482M	n/a	n/a
Compagnie du Bois Sauvage	$463M	n/a	n/a
Vinci Partners	$456M	5.0x	10.0x
eQ	$437M	6.2x	11.4x
Brockhaus Technologies	$405M	1.6x	4.8x
TINC	$402M	n/a	n/a
Diamond Biofund	$396M	n/a	n/a
MCI Capital	$385M	152.0x	26.7x
RTW Biotech Opportunities	$383M	n/a	n/a
ABC arbitrage	$372M	6.7x	15.2x
Regal Partners	$367M	2.2x	4.3x
SHUAA Capital	$366M	n/a	n/a
Aurelius Equity Opps	$359M	n/a	n/a
Associated Cap Group	$351M	n/a	n/a
SBI Global Asset Management	$348M	n/a	n/a
CapMan	$345M	5.4x	13.4x
Literacy Capital	$345M	n/a	n/a
DeFi Technologies	$334M	2.3x	6.4x
Pembroke VCT	$323M	n/a	n/a
Noor Investment	$314M	n/a	n/a
SCBSM	$306M	n/a	n/a
Warehouses Estates	$304M	11.3x	15.5x
Atland	$288M	n/a	n/a
VNV Global	$275M	-3.2x	-2.9x
GIEAG	$268M	n/a	n/a
International Biotechnology Trust	$263M	n/a	n/a
Polar Capital Holdings	$253M	1.0x	3.0x
Private Equity Holding	$252M	n/a	n/a
Alantra Partners	$250M	n/a	n/a
Ashmore Group	$240M	1.2x	2.9x
Kingfish	$238M	n/a	n/a
VEF	$221M	n/a	n/a
Cie Lebon	$214M	1.4x	12.7x
Pengana Private Equity	$213M	n/a	n/a
Pacific Current Group	$205M	6.9x	24.0x
Qrf	$184M	13.7x	17.4x
City of London Investment Group	$182M	2.8x	6.6x
SuRo Capital	$179M	37.7x	n/a
Augmentum Fintech	$171M	n/a	n/a
Gedik Yatırım	$163M	n/a	n/a
Bitcoin Group	$160M	n/a	n/a
Cadence Capital	$148M	n/a	n/a
Blue Cap	$147M	0.7x	3.4x
Paref	$135M	n/a	n/a
Netfonds	$124M	0.5x	11.6x
Heliad	$120M	n/a	n/a
Quercus TFI	$120M	n/a	n/a
MPC Muenchmeyer Petersen	$112M	2.4x	10.1x
LAIQON	$111M	3.2x	-42.2x
Fair Value REIT	$106M	n/a	n/a
CR Energy	$104M	n/a	n/a
MPH Health Care	$94.2M	1.3x	1.3x
Mangold	$84.9M	n/a	n/a
Wiener Privatbank	$81.7M	n/a	n/a
TMT Investments	$78.6M	n/a	n/a
Quest for Growth	$77.0M	n/a	n/a
Alpine Select	$74.0M	n/a	n/a
Nebag	$64.0M	n/a	n/a
Bellevue Gr	$57.6M	n/a	n/a
AdCapital	$50.6M	n/a	n/a
PEH Wertpapier	$48.7M	n/a	n/a
Private Assets	$47.6M	0.3x	7.9x
Acanthe Developpement	$46.1M	n/a	n/a
Castle Private Equity	$43.0M	n/a	n/a
Valartis Group	$42.8M	n/a	n/a
Capsensixx	$42.5M	n/a	n/a
Immo Moury	$38.4M	n/a	n/a
Accentis	$36.7M	n/a	n/a
Value8	$33.3M	n/a	n/a
WT Financial Group	$27.0M	n/a	n/a
Crypto Blockchain	$26.4M	n/a	n/a
RCM Beteiligungs	$25.9M	n/a	n/a
Heidelberger	$23.6M	n/a	n/a
Verianos	$22.1M	n/a	n/a
Consulting Team Holding	$21.4M	n/a	n/a
Altech Advanced Mat	$19.6M	n/a	n/a
Palmboomen Cultuur	$16.9M	n/a	n/a
Audacia	$13.6M	0.9x	5.4x
Electricite Eaux	$12.6M	n/a	n/a
Black Pearl	$10.4M	n/a	n/a
RIXX Invest	$9.3M	n/a	n/a
Hawick Data	$7.5M	n/a	n/a
Panamax New Energy	$4.9M	n/a	n/a
Murphy & Spitz Green	$4.9M	n/a	n/a
Alliance Developpement	$4.7M	n/a	n/a
EEII	$4.4M	n/a	n/a
Marna Beteiligungen	$3.6M	n/a	n/a
Sino-German United	$0.5M	n/a	n/a
Valora Effekten Handel	$0.3M	n/a	n/a
DFO Capital	$0.1M	n/a	n/a
Camerit	-$0.3M	n/a	n/a
IPOPEMA Securities	-$23.5M	n/a	n/a
WAM Global	-$61.9M	n/a	n/a
Kuwait Investment Company	-$88.8M	n/a	n/a
CoinShares	-$707M	-5.4x	-5.2x
Kyobo Securities	-$768M	n/a	n/a
Waha Capital	-$804M	-19.5x	n/a
CICC	-$1.8B	-0.6x	-1.7x
Schroders	-$1.9B	-0.5x	-2.2x
Migdal Group	-$2.8B	n/a	n/a
SDIC Capital	-$7.0B	n/a	n/a
Challenger	-$7.4B	-12.2x	-18.0x
China Securities HK	-$13.2B	-3.1x	n/a
Ninety One	-$14.6B	-18.2x	-59.3x
Nomura	-$20.8B	-1.7x	-4.9x
Apollo Global Management	-$122B	-5.1x	-21.1x