May 2026
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Largest Public Companies in Hungary
Benchmark revenue and EBITDA valuation multiples for public comps like
OTP Bank, MOL Group, Magyar Telekom, Gedeon Richter and MBH Bank.
 | OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group’s operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, and Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets. It also offers mortgage loans, consumer credits, working capital & investment loans to companies and municipalities. A majority of the bank's net revenue is net interest income. | $129 | +61% | $33B | $43B | 4.3x | — | ||
| MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments, including Upstream, Downstream, Consumer services, Gas midstream, Circular Economy and Corporate and others. The Downstream segment derives the majority of the revenue, which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically, its sales come from Hungary, Croatia, Slovakia, Italy, the Czech Republic, Romania, Austria, Serbia, and the Rest of the World. | $12 | +36% | $10B | $12B | 0.4x | 3.1x | ||
| Magyar Telekom Telecommunications PLC, formerly known as Magyar Telekom PLC, is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the majority share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives majority of its revenue from Hungary. | $9 | +62% | $8B | $8B | 2.4x | 5.7x | ||
| Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular, and central nervous system products. It manufactures medicines including original, generic and licensed products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharma segment comprising Women’s Healthcare, Neuropsychiatry, Biotechnology, General Medicine, and Other pharma; and the Others segment includes the remaining wholesale and retail business of the Group and all other activities. The company operates internationally. | $39 | +26% | $7B | $6B | 2.1x | 5.5x | ||
| MBH Bank Nyrt is a company engaged in providing banking services. The company's segments include Corporate Banking and Institutions, Retail and Private Banking, Leasing, and Other. | $8 | -51% | $2B | $7B | 2.9x | — | ||
| 4iG Nyrt is engaged in the provision of comprehensive telecommunications services, the operation of telecommunications-related infrastructure, platform-independent, custom software design and development, the design and implementation of full-scale enterprise IT solutions, IT operation and support, service provision, the operation of ERP (complex enterprise resource planning) systems, full support for banking data services, the development and operation of document and case management systems. Its activities are divided into three segments IT Services and Trading activities; Telecommunications activities, and Other Holding activities. | $6 | +20% | $2B | $4B | 1.8x | 4.4x | ||
| Dmall Inc is a retail digitalization solution providers in China and Asia, which offers a range of principal products and services designed to digitalize and optimize operations of the local retailers. The principal activities of the Company are the provision of retail core service cloud, e-commerce service cloud and other services to customers. It is an industry pioneer that develops retail digitalization solutions in response to four key industry needs - (i) to upgrade consumer experience, (ii) to enhance operational efficiency, (iii) to safeguard system security, and (iv) to fulfill ESG responsibility. The company distinguishes itself from its competitors by achieving full-spectrum coverage, incorporating industry practices, facilitating intelligent data-driven business decision-making. | $1 | -37% | $724M | $639M | 2.3x | (1.8x) | ||
| GOPD Zartkoruen Mukodo Reszvenytarsasag is a Hungary based company engaged in property development. The projects of the company include flats in Zuglo and Angyalfold and a residential complex with apartments in Zuglo. | $28 | -- | $670M | $743M | 14.1x | 184.7x | ||
| Opus Global PLC is a holding company manufacturing furnaces and fireplaces, construction activities, developing properties, and operating resorts. The company has structured its operations into the following businesses - Industrial Production, Agriculture and food industry, Tourism, Energy, and asset management segment. The maximum revenue is generated from the industrial manufacturing business. Its geographic segments are Hungary, European Union member countries, European countries outside the European, Union Asian countries, and Other. | $1 | -40% | $543M | $766M | 0.5x | 1.8x | ||
| GRANIT Bank PLC is a universal commercial bank. It provides a wide range of financial services to retail and corporate clients. The bank offers savings, loans, investment options, online banking, mobile application, attractive interest rates, low fees and others. | $28 | -21% | $513M | $1B | 5.4x | — | ||
| Shopper Park Plus PLC is a company that operates through its subsidiaries and deals with the development, management, and renovation of commercial real estate. It develops its current properties with the purpose of making them operational on the basis of lease contracts use it by renting it out. | $17 | +16% | $384M | $766M | 13.9x | 13.0x | ||
| Any Security Printing Co PLC is a Hungary-based security and business form-producing company. The Company produces Security products and solutions (tax stamps. stickers with security elements), plastic cards (document cards, bank and commercial cards, personalized business and administration forms, as well as conventional printing products. The company operates in segments namely Security products and solutions; Card production and personalization; Form production and personalization, data processing; Traditional printing products, and Others. | $26 | +12% | $367M | $380M | 1.6x | 8.0x | ||
| Valens Semiconductor Ltd is a provider of semiconductor products, pushing the boundaries of connectivity by enabling long-reach, high-speed video, and data transmission for the audio-video and automotive industries. It operates in two segments: Cross Industry Business, which includes solutions for the non-automotive verticals, including audio-video, industrial, machine vision and medical markets, that deliver superior, plug-and-play convergence and distribution of different interfaces, through a single long-distance category cable; and Automotive segment products enable safe and resilient high-speed in-vehicle connectivity for car architectures, realizing the vision of connected and autonomous cars. The company's geographical revenue is derived from Hungary. | $3 | +44% | $340M | $262M | 3.7x | (15.5x) | ||
| AutoWallis PLC is engaged in the retail and wholesale trade of vehicles and parts, repair services as well as vehicle rental services. It operates in segments: Distribution; Mobility services; and Retail & Services. The majority of its revenue is generated from the Distribution segment. The brands represented by the Distribution segment include Alpine, BYD, Dacia, Isuzu, Jaguar, Land Rover, Renault, SsangYong, and Opel, as well as the regional supply of MG and Saab parts. Retail & Services segment deals with BMW passenger cars and motorcycles, BYD, Dacia, Isuzu, Jaguar, KIA, Land Rover, Maserati, and MINI, among other brands. | $0 | +3% | $259M | $470M | 0.3x | 6.8x | ||
| Waberer's International Nyrt provides full truckload transportation (FTL) services in Europe. The company operates through three segments: International transportation Services, International Full truckload (FTL) transportation and forwarding, and international collective transportation; Regional Contract Logistics provides Domestic FTL and LTL (Less than truckload) transportation, warehousing, in-house logistics, and vehicle repairs for third parties, and insurance operations. The company generates the majority of its revenue from International transportation. | $15 | +3% | $257M | $369M | 0.4x | 2.7x | ||
| Budapest Ingatlan Nyrt operates as a real estate investment trust. It focuses on developing, managing, and operating a diversified real estate portfolio consisting of office buildings, parking garages, construction lots, residential properties, building plots, and hotels. The company's operating business segments are Income-generating investment properties, the Harsanylejto project, and Marischka Kft. (hospitality). A majority of its revenue is generated from the Income-generating investment properties segment, which relates to investment properties owned, leased, and rented out by the company and its subsidiaries. All of the company’s occupied income-generating properties are located in Budapest, Hungary. | $1 | -25% | $257M | $262M | 5.4x | 7.0x | ||
| SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag is engaged in the construction, sale, and rental of residential buildings, in the suburban areas of Budapest. Its projects include Paskal Garden, Paskal Rose, Nerium Park, and Lavender Residential Park among others. | $178 | +9% | $256M | $306M | 9.6x | 119.5x | ||
| ALTEO Energy Services PLC operates in the utility industry in Hungary. Its business segments includes, Heat and electricity production and management, Waste Management, Energy services, and other. Majority of the revenue generated from Heat and electricity production and management. | $12 | -26% | $236M | $407M | 1.0x | 6.6x | ||
| Zwack Unicum PLC is a company that operates in the beverage business. The core activity of the company is the production of alcoholic drinks. Its products include wine, whiskey, liquor, vodka, and other spirits under the Unicum and Unicum Plum, Futyulos, St. Hubertus, and Izabella Zwack Wine brand names. Geographically, it operates through the region of Hungary, and its products are also made available in the region of Europe, the USA, and other international markets. | $117 | +30% | $235M | $223M | 2.9x | 15.6x | ||
| Goodwill Pharma Nyrt is a full service pharma partner for the CEE region. The company s core activities include pharmaceutical logistics and distribution, pharmaceutical registration, full pharmaceutical marketing services, medical promotion, manufacturer and brand representation, own-licensed product development, manufacturing and marketing of proprietary pharmaceuticals and dietary supplements. | $2 | +221% | $195M | $211M | 2.9x | 10.7x | ||
| Masterplast Nyrt is engaged in the production and distribution of insulation building materials. The company divides its activities into two segments: Production and Selling. It generates maximum revenue from the Selling segment. The Production segment supplies fiberglass mesh, plasterboard profiles, plaster profiles, and isofoam to the Selling segment. Its product categories include Facade insulation systems; Roofing foils and roofing elements; Dry construction system; Heat insulation, soundproofing and waterproofing materials, and Construction industry accessory products. | $9 | +23% | $170M | $246M | 1.2x | (78.9x) | ||
| Graphisoft Park SE is a Hungary-based company engaged in real estate operations. It operates as a holding company and also provides management, financial, and administrative services to its subsidiaries. The real estate of the company is categorized as a Core area, Monument area, and Southern and Northern development areas. | $17 | +15% | $169M | $219M | 10.7x | 12.8x | ||
| MBH Mortgage Bank Co PLC provides mortgage banking services. The business activities of the group function through various segments such as Retail, Corporate, Investment Services, Treasury, Refinancing, and Others. It derives the majority of its revenue from the Retail segment which offers a wide range of services such as retail bank accounts, deposits, savings, loans, and others to its retail customers. The company also focuses on the financial needs of corporate customers and offers corporate accounts, deposits, loans, and other services. In addition, it also focuses on liquidity management, asset and liability management, and security issues. Geographically it operates through Hungary. | $2 | -37% | $165M | $2B | 54.7x | — | ||
| Biggeorge Property Zrt operates as a real estate developer. It engages in real estate development, investment, and operation. The company’s field of activity includes the development of commercial (office, hotel, retail, industrial/logistical) and residential real estate as well. In addition, it offers Asset management, Fund management, and Facility management services. | $6 | -- | $163M | $128M | 0.8x | 1.6x | ||
| Naturland Holding Zrt thro9ugh its subsidiaries engage in the production of pharmaceutical products. It engages in the development, production, and wholesale of dietary supplements and cosmetics, herbal medicine, teas, and essential oils. The firm offers tablets, suppositories, ointments, and ophthalmic base solutions. | $9 | +16% | $126M | $126M | 6.4x | 22.1x | ||
| Raba Automotive Holding PLC is engaged in the manufacture of vehicle components, mainly axles and chassis. The company operates in four segments: Axle, Vehicles, Parts, and Gear unit. The Axle segment includes the manufacture and sale of axles, axle components and axle parts; the Vehicles segment includes the manufacture of truck and bus chassis and related parts, as well as the assembly and sale of vehicles; the Parts segment includes the manufacture of vehicle parts, seat frames, pressed components, sewing of seat covers as well as the sale of these products. The gear unit segment includes agricultural parts. The majority of revenue is derived from the Axle segment. | $8 | +82% | $104M | $136M | 0.8x | 5.6x | ||
| UBM Holding PLC operates three core businesses which are protein trade, grain and oilseeds trade and feed materials. The firm trades protein, cereal and feed. | -- | -- | $97M | $97M | — | — | ||
| CIG Pannonia Life Insurance OJSC is an insurance company. The company mainly sells various insurance products including unit-linked life insurance, term life insurance, endowment insurance, health insurance, casco, freight liability and suretyship insurance and also offers investment fund management and portfolio management. The company carries its activities in Hungary, Romania, Slovakia, and Italy. In addition, the company sells riders and non-life insurance products. | $1 | -9% | $94M | $81M | 0.8x | — | ||
| Appeninn Vagyonkezelo Holding Nyrt operates as a real estate investment and asset management company in Hungary. The Company's reportable segments are Office rental service, Logistics, commercial property rental services, and other segments. The company derives maximum revenue from office rentals. | $2 | -16% | $82M | $138M | 5.2x | 13.6x | ||
| Delta Group PLC Formerly Delta Technologies PLC is an information technology company. The company provides complex infrastructure solutions like architecture planning, networking solutions, hardware design and installation, as well as application integration. | $0 | +2% | $66M | $75M | 1.0x | 10.6x | ||
| NAP Nyrt is a renewable electricity producer company. It acquires project companies that own solar power plants and by carrying out solar power plant investments. | $5 | +32% | $44M | $71M | 7.5x | 8.7x | ||
| VERTIKAL Group Nyrt is a key player in the field of environmental management and environmental protection on the domestic market. | $0 | +67% | $42M | $51M | 0.7x | 5.0x | ||
| AKKO Invest PLC operates in the capital markets industry in Hungary. The objective of the company is to achieve asset accumulation and to realise a long-term increase in value through efficient cooperation between the holding and the subsidiaries. It has the following operating segments: Industrial property segment, Residential property segment, Facility Management line of business, ITS line of business, and Fit-Out line of business. The majority is from the Facility management line of business. Facility Management includes activities related to property operations. | $1 | -12% | $35M | $64M | 0.4x | 5.1x | ||
| Gloster Digital Group Nyrt provides information technology services. The company provides network infrastructure solutions, network security solutions, network monitoring, cyber protection solutions, and other services. | $2 | -4% | $35M | $37M | 1.1x | 11.2x | ||
| eSense Human Resources Szolgaltato Zartkoruen Mukodo Reszvenytarsasag mainly engages in Temporary employment activities. Its services comprise Telesales, Telephone customer service, Labour hiring, Consulting, and training services. | $3 | +41% | $30M | $28M | 1.3x | 8.8x | ||
| Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag is engaged in operating and creating retail properties through the renovation and development of existing properties or the construction of new properties. The company as a Hungarian Real Estate Investment Trust (REIT) is focused on retail and industrial-logistics real estate, to exploit the properties in its portfolio, mainly through rental and sub-lease. | $4 | +19% | $23M | $37M | 15.2x | 17.5x | ||
| Navigator Investments PLC is engaged in the organization and management of private equity investments and corporate finance. In addition to corporate transactions for its own portfolio, it also provides a full range of services in corporate acquisition and capital market fundraising projects. | $0 | +46% | $22M | $24M | 2.5x | 29.2x | ||
| STRT Holding Nyrt is a company who is in the business of asset management which which covers making strategic decisions related to the activities of subsidiaries . In addition to asset management it does Independent execution of venture capital investments by subsidiaries, education and business management and other management consulting. | $3 | 0% | $21M | $17M | 11.7x | 28.1x | ||
| Kermann IT Solutions Nyrt is a IT solution company. It provides system integration services, IT support, IT consultancy, Network services, etc. | $0 | +25% | $19M | $28M | 0.8x | 10.2x | ||
| Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag engages in the sale and purchase of the privately owned real estate, as well as in the real estate development organization of a related building construction project. | $0 | -64% | $17M | $17M | 7.4x | 51.9x | ||
| EPDUFERR Nyrt is engaged in the provision of construction services. The company's services include civil engineering, road and public works, the electricity of buildings, building engineering, and technological engineering. | $0 | +85% | $16M | $19M | 1.0x | 28.9x | ||
| Astrasun Solar PCL plays key role in the Hungarian renewable energy market. Astrasun is a solar power plant project developer Company, and invests in green energy. | $1 | -16% | $14M | $19M | 3.8x | 4.3x | ||
| Pensum Group ZRT is a provider of human resource services in Hungary. Its service portfolio includes domestic and foreign staffing, outsourcing, and recruitment. The company offers services to Hungary, Austria and Germany. | $7 | +1% | $14M | $16M | 0.5x | 14.3x | ||
| DM-KER PLC is engaged in distribution and servicing of agricultural and construction machinery. The company also engages in distribution of parts and equipment rental service. Its construction machineries include compact loaders, stackers, mini excavators, telescopic loaders, industrial telescopes, bogie telescopes, among others. Its agricultural machineries include tractors, implements, vertical self-propelled mixers, horizontal self-propelled mixers, vertical towed mixers, horizontal towed mixers, large towed mixers, among others. | $0 | +17% | $13M | $25M | 1.6x | 10.9x | ||
| Megakran PLC is involved in the heavy lifting industry. Its activities include heavy lifting services, such as crane services carried out with mobile cranes, lease of lifting devices, and complete machinery installation service. | $0 | +11% | $12M | $15M | 1.7x | 19.8x | ||
| ViVeTech Zrt is a Hungarian-owned IT consulting and development company. It is an application platform that, owing to its high level of automation and integration, implements the complete and efficient operation of the information security management system (ISMS) in a single system. Its services include IT security and project management. | $1 | -9% | $10M | $11M | 2.4x | 16.3x | ||
| ENEFI Asset Management PLC is an alternative energy company engaged in the production and sale of thermal energy, the revenue from the real estate assets is given into asset management, and the construction of a special facility (filling station). It offers heat supply, public lighting, and kitchen technology investments. The company operates in the following segments: the Energy sector; the Real segment, which currently has four branches: finance, tourism, real estate, and food industry; and the Capital market segment. The company derives the majority of its revenue from the Energy sector. | $1 | +6% | $7M | ($2M) | (1.8x) | (1.0x) | ||
| NUTEX Investments PLC operates as a drug manufacturer in Hungary. The company is engaged in production of products that focuses on health, vitality, and natural ingredients. | $0 | -10% | $6M | ($7M) | (4947.5x) | (4.8x) | ||
| Civita Group Nyrt operates corn mills. It offers a diversified range of corn-based products, including corn meal, corn oil, flour, semolina, and flour mixtures, a high-fiber short and long-form corn pasta product line, and cold-pressed corn oil. | $0 | -80% | $4M | $13M | 1.0x | 12.1x | ||
| Chameleon Smart Home Zrt operates as a smart home manufacturing and development technology company. It produces smart home system software and hardware. Its products comprise controllers, expanders, Wireless devices, LS modules, and Accessories. | $0 | -54% | $4M | $4M | 6.2x | (7.2x) | ||
| POLYDUCT Plastic and Metal Industry Public Ltd Co manufactures and markets products for environmental protection, water and wastewater management, waste management, and urban life. Its core activity is the rotational moulding of plastic materials, a technology that enables POLYDUCT to mass-produce small and medium series of large, heavy, and richly shaped plastic hollow bodies. It offers drinking water networks and wastewater treatment systems, waste bins, playground equipment, street fitness equipment, street furniture, and traffic engineering equipment. | $34 | +3% | $3M | $1M | 0.2x | 1.9x | ||
| Oermester Vagyonvedelmi NyRt is a provider of security services. Its services include guarding, security system, remote administration, mechanical protection, and other services. | $1 | +19% | $3M | $2M | 0.2x | 4.1x | ||
| Nord General PLC formerly NORDTELEKOM Telecommunications Service Provider PLC operates in the telecom services industry in Hungary. The company is engaged in offering mobile and ADSL internet services, telephony services, and server placement services. | $0 | -24% | $1M | $1M | 1694.8x | (35.4x) | ||
| FuturAqua Mineral Water Production and Asset Management PLC is engaged in managing mineral water stocks and trading with fresh water in Hungary. | $0 | -37% | $888K | $486K | 80.2x | (4.8x) | ||
| Median | $2 | +6% | $96M | $112M | 2.1x | 7.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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