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Citycon Valuation Multiples
Discover revenue and EBITDA valuation multiples for Citycon and similar public comparables like Warteck Invest, Samhallsbyggnadsbolaget, Patrizia, Fundamenta Real Estate and more.
Citycon Overview
About Citycon
Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 33 centers and 1 other retail property. Among those centers, 9 are located in Finland, 2 in Estonia, 14 in Norway, 6 in Sweden and 2 in Denmark. Cityconβs business operations units: 1) Finland, Estonia and Denmark 2)Sweden 3)Norway. The business units are further subdivided into clusters. The Finnish, Estonian and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.
Founded
1988
HQ

Employees
164
Website
Sectors
Financials (LTM)
EV
$3B
Citycon Financials
Citycon reported last 12-month revenue of $358M and EBITDA of $215M.
In the same LTM period, Citycon generated $143M in gross profit, $215M in EBITDA, and $117M in net income.
Revenue (LTM)
Citycon P&L
In the most recent fiscal year, Citycon reported revenue of $359M and EBITDA of $242M.
Citycon expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $358M | XXX | $359M | XXX | XXX | XXX |
| Gross Profit | $143M | XXX | $240M | XXX | XXX | XXX |
| Gross Margin | 40% | XXX | 67% | XXX | XXX | XXX |
| EBITDA | $215M | XXX | $242M | XXX | XXX | XXX |
| EBITDA Margin | 60% | XXX | 67% | XXX | XXX | XXX |
| EBIT Margin | 60% | XXX | 60% | XXX | XXX | XXX |
| Net Profit | $117M | XXX | $115M | XXX | XXX | XXX |
| Net Margin | 33% | XXX | 32% | XXX | XXX | XXX |
| Net Debt | β | β | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Citycon Stock Performance
Citycon has current market cap of $802M, and enterprise value of $3B.
Market Cap Evolution
Citycon's stock price is $4.37.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $802M | -0.3% | XXX | XXX | XXX | $0.63 |
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Start Free TrialCitycon Valuation Multiples
Citycon trades at 8.0x EV/Revenue multiple, and 13.4x EV/EBITDA.
EV / Revenue (LTM)
Citycon Financial Valuation Multiples
As of April 2, 2026, Citycon has market cap of $802M and EV of $3B.
Equity research analysts estimate Citycon's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Citycon has a P/E ratio of 6.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $802M | XXX | $802M | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 8.0x | XXX | 8.0x | XXX | XXX | XXX |
| EV/EBITDA | 13.4x | XXX | 11.9x | XXX | XXX | XXX |
| EV/EBIT | 13.4x | XXX | 13.3x | XXX | XXX | XXX |
| EV/Gross Profit | 20.2x | XXX | 12.0x | XXX | XXX | XXX |
| P/E | 6.8x | XXX | 7.0x | XXX | XXX | XXX |
| EV/FCF | 19.1x | XXX | 16.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Citycon Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Citycon Margins & Growth Rates
Citycon's revenue in the last 12 month grew by 0%.
Citycon's revenue per employee in the last FY averaged $2.2M, while opex per employee averaged $0.2M for the same period.
Citycon's rule of 40 is 63% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Citycon's rule of X is 68% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Citycon Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 0% | XXX | (0%) | XXX | XXX | XXX |
| EBITDA Margin | 60% | XXX | 67% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (10%) | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 63% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 68% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $2.2M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | 8% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 10% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Citycon Public Comps
See public comps and valuation multiples for other Real Estate Development comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Warteck Invest | XXX | XXX | XXX | XXX | XXX | XXX |
| Samhallsbyggnadsbolaget | XXX | XXX | XXX | XXX | XXX | XXX |
| Patrizia | XXX | XXX | XXX | XXX | XXX | XXX |
| Fundamenta Real Estate | XXX | XXX | XXX | XXX | XXX | XXX |
| SF Urban Properties | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Citycon M&A Activity
Citycon acquired XXX companies to date.
Last acquisition by Citycon was on XXXXXXXX, XXXXX. Citycon acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Citycon
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialCitycon Investment Activity
Citycon invested in XXX companies to date.
Citycon made its latest investment on XXXXXXXX, XXXXX. Citycon invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Citycon
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Citycon
| When was Citycon founded? | Citycon was founded in 1988. |
| Where is Citycon headquartered? | Citycon is headquartered in Finland. |
| How many employees does Citycon have? | As of today, Citycon has over 164 employees. |
| Who is the CEO of Citycon? | Citycon's CEO is F. Scott Ball. |
| Is Citycon publicly listed? | Yes, Citycon is a public company listed on Nasdaq Helsinki. |
| What is the stock symbol of Citycon? | Citycon trades under CTY1S ticker. |
| When did Citycon go public? | Citycon went public in 1988. |
| Who are competitors of Citycon? | Citycon main competitors are Warteck Invest, Samhallsbyggnadsbolaget, Patrizia, Fundamenta Real Estate. |
| What is the current market cap of Citycon? | Citycon's current market cap is $802M. |
| What is the current revenue of Citycon? | Citycon's last 12 months revenue is $358M. |
| What is the current revenue growth of Citycon? | Citycon revenue growth (NTM/LTM) is 0%. |
| What is the current EV/Revenue multiple of Citycon? | Current revenue multiple of Citycon is 8.0x. |
| Is Citycon profitable? | Yes, Citycon is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Citycon? | Citycon's last 12 months EBITDA is $215M. |
| What is Citycon's EBITDA margin? | Citycon's last 12 months EBITDA margin is 60%. |
| What is the current EV/EBITDA multiple of Citycon? | Current EBITDA multiple of Citycon is 13.4x. |
| What is the current FCF of Citycon? | Citycon's last 12 months FCF is $151M. |
| What is Citycon's FCF margin? | Citycon's last 12 months FCF margin is 42%. |
| What is the current EV/FCF multiple of Citycon? | Current FCF multiple of Citycon is 19.1x. |
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