🚀 VC round data is live in beta, check it out!
- Public Comps
- Redefine Properties
Redefine Properties Valuation Multiples
Discover revenue and EBITDA valuation multiples for Redefine Properties and similar public comparables like Vistry Group, IWG, Royal Heijmans, CA Immo and more.
Redefine Properties Overview
About Redefine Properties
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
Founded
1999
HQ

Employees
455
Website
Sectors
Financials (LTM)
EV
$5B
Redefine Properties Financials
Redefine Properties reported last 12-month revenue of $448M and EBITDA of $352M.
In the same LTM period, Redefine Properties generated $352M in EBITDA.
Revenue (LTM)
Redefine Properties P&L
In the most recent fiscal year, Redefine Properties reported revenue of $651M and EBITDA of $474M.
Redefine Properties expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $448M | XXX | $651M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $386M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 59% | XXX | XXX | XXX |
| EBITDA | $352M | XXX | $474M | XXX | XXX | XXX |
| EBITDA Margin | 79% | XXX | 73% | XXX | XXX | XXX |
| EBIT Margin | 82% | XXX | 55% | XXX | XXX | XXX |
| Net Profit | — | XXX | $244M | XXX | XXX | XXX |
| Net Margin | — | XXX | 38% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Redefine Properties Stock Performance
Redefine Properties has current market cap of $3B, and enterprise value of $5B.
Market Cap Evolution
Redefine Properties' stock price is $0.40.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $3B | 0.4% | XXX | XXX | XXX | $0.04 |
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 TrialRedefine Properties Valuation Multiples
Redefine Properties trades at 11.9x EV/Revenue multiple, and 15.1x EV/EBITDA.
EV / Revenue (LTM)
Redefine Properties Financial Valuation Multiples
As of April 7, 2026, Redefine Properties has market cap of $3B and EV of $5B.
Equity research analysts estimate Redefine Properties' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Redefine Properties has a P/E ratio of 11.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 11.9x | XXX | 8.2x | XXX | XXX | XXX |
| EV/EBITDA | 15.1x | XXX | 11.2x | XXX | XXX | XXX |
| EV/EBIT | 14.5x | XXX | 14.9x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 13.8x | XXX | XXX | XXX |
| P/E | — | XXX | 11.5x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 26.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Redefine Properties 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.


Redefine Properties Margins & Growth Rates
Redefine Properties' revenue in the last 12 month grew by 5%.
Redefine Properties' revenue per employee in the last FY averaged $1.4M, while opex per employee averaged $0.1M for the same period.
Redefine Properties' rule of 40 is 61% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Redefine Properties' rule of X is 30% (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).
Redefine Properties Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | (30%) | XXX | XXX | XXX |
| EBITDA Margin | 79% | XXX | 73% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | (21%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 61% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 30% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 5% | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 6% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Redefine Properties Public Comps
See public comps and valuation multiples for other Real Estate Development comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Vistry Group | XXX | XXX | XXX | XXX | XXX | XXX |
| IWG | XXX | XXX | XXX | XXX | XXX | XXX |
| Royal Heijmans | XXX | XXX | XXX | XXX | XXX | XXX |
| CA Immo | XXX | XXX | XXX | XXX | XXX | XXX |
| Fabege | 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.
Redefine Properties M&A Activity
Redefine Properties acquired XXX companies to date.
Last acquisition by Redefine Properties was on XXXXXXXX, XXXXX. Redefine Properties acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Redefine Properties
| 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 TrialRedefine Properties Investment Activity
Redefine Properties invested in XXX companies to date.
Redefine Properties made its latest investment on XXXXXXXX, XXXXX. Redefine Properties invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Redefine Properties
| 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 Redefine Properties
| When was Redefine Properties founded? | Redefine Properties was founded in 1999. |
| Where is Redefine Properties headquartered? | Redefine Properties is headquartered in South Africa. |
| How many employees does Redefine Properties have? | As of today, Redefine Properties has over 455 employees. |
| Is Redefine Properties publicly listed? | Yes, Redefine Properties is a public company listed on Johannesburg Stock Exchange. |
| What is the stock symbol of Redefine Properties? | Redefine Properties trades under RDF ticker. |
| When did Redefine Properties go public? | Redefine Properties went public in 2000. |
| Who are competitors of Redefine Properties? | Redefine Properties main competitors are Vistry Group, IWG, Royal Heijmans, CA Immo. |
| What is the current market cap of Redefine Properties? | Redefine Properties' current market cap is $3B. |
| What is the current revenue of Redefine Properties? | Redefine Properties' last 12 months revenue is $448M. |
| What is the current revenue growth of Redefine Properties? | Redefine Properties revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Redefine Properties? | Current revenue multiple of Redefine Properties is 11.9x. |
| Is Redefine Properties profitable? | Yes, Redefine Properties is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Redefine Properties? | Redefine Properties' last 12 months EBITDA is $352M. |
| What is Redefine Properties' EBITDA margin? | Redefine Properties' last 12 months EBITDA margin is 79%. |
| What is the current EV/EBITDA multiple of Redefine Properties? | Current EBITDA multiple of Redefine Properties is 15.1x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.