🚀 VC round data is live in beta, check it out!
- Public Comps
- MAS
MAS Valuation Multiples
Discover revenue and EBITDA valuation multiples for MAS and similar public comparables like XP Log FII, Emilshus, Construtora Tenda, Samhallsbyggnadsbolaget and more.
MAS Overview
About MAS
MAS PLC is a property investor. It owns income generating properties in Romania, Bulgaria, and Poland. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The company's reportable segments are CEE direct assets (CEE), CEE development joint venture (DJV), WE direct assets (WE), and Corporate. Its key revenue is derived from the CEE direct assets (CEE) segment which includes income properties located in CEE fully owned and managed by the company. Geographically, the company derives maximum revenue from Romania, and the rest from Bulgaria, Poland, and Germany.
Founded
2008
HQ

Employees
270
Website
Sectors
Financials (FY)
EV
$1B
MAS Financials
MAS reported last fiscal year revenue of $120M and EBITDA of $202M.
In the same fiscal year, MAS generated $84M in gross profit, $202M in EBITDA, and $147M in net income.
MAS P&L
In the most recent fiscal year, MAS reported revenue of $120M and EBITDA of $202M.
MAS expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $120M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $84M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 70% | XXX | XXX | XXX |
| EBITDA | — | XXX | $202M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 168% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 61% | XXX | XXX | XXX |
| Net Profit | — | XXX | $147M | XXX | XXX | XXX |
| Net Margin | — | XXX | 123% | XXX | XXX | XXX |
| Net Debt | — | — | $490M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
MAS Stock Performance
MAS has current market cap of $806M, and enterprise value of $1B.
Market Cap Evolution
MAS's stock price is $1.22.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $806M | 0.0% | XXX | XXX | XXX | $0.22 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialMAS Valuation Multiples
MAS trades at 9.9x EV/Revenue multiple, and 5.9x EV/EBITDA.
MAS Financial Valuation Multiples
As of April 20, 2026, MAS has market cap of $806M and EV of $1B.
Equity research analysts estimate MAS's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
MAS has a P/E ratio of 5.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $806M | XXX | $806M | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 9.9x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 5.9x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 16.2x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 14.2x | XXX | XXX | XXX |
| P/E | — | XXX | 5.5x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 104.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified MAS 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.


MAS Margins & Growth Rates
MAS's revenue in the last fiscal year grew by 3%.
MAS's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.0M for the same period.
MAS Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 168% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 2% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 9% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
MAS Public Comps
See public comps and valuation multiples for other Real Estate Development comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| MAS | XXX | XXX | XXX | XXX | XXX | XXX |
| XP Log FII | XXX | XXX | XXX | XXX | XXX | XXX |
| Emilshus | XXX | XXX | XXX | XXX | XXX | XXX |
| Construtora Tenda | XXX | XXX | XXX | XXX | XXX | XXX |
| Samhallsbyggnadsbolaget | XXX | XXX | XXX | XXX | XXX | XXX |
| Warteck Invest | 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.
MAS M&A Activity
MAS acquired XXX companies to date.
Last acquisition by MAS was on XXXXXXXX, XXXXX. MAS acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by MAS
| 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
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialMAS Investment Activity
MAS invested in XXX companies to date.
MAS made its latest investment on XXXXXXXX, XXXXX. MAS invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by MAS
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout MAS
| When was MAS founded? | MAS was founded in 2008. |
| Where is MAS headquartered? | MAS is headquartered in Romania. |
| How many employees does MAS have? | As of today, MAS has over 270 employees. |
| Who is the CEO of MAS? | MAS's CEO is Irina Grigore. |
| Is MAS publicly listed? | Yes, MAS is a public company listed on Johannesburg Stock Exchange. |
| What is the stock symbol of MAS? | MAS trades under MSP ticker. |
| When did MAS go public? | MAS went public in 2009. |
| Who are competitors of MAS? | MAS main competitors are XP Log FII, Emilshus, Construtora Tenda, Samhallsbyggnadsbolaget. |
| What is the current market cap of MAS? | MAS's current market cap is $806M. |
| What is the current revenue of MAS? | MAS's last fiscal year revenue is $120M. |
| What is the current EV/Revenue multiple of MAS? | Current revenue multiple of MAS is 9.9x. |
| Is MAS profitable? | No, MAS is not profitable. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.