Real Estate Development Valuation Multiples and Public Comps

Real Estate Development

See analyst estimates and all valuation multiples for Real Estate Development

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
China State Const Eng	$108B	0.3x	6.7x
Mitsui Fudosan	$59.8B	3.5x	17.5x
Vingroup	$51.3B	4.7x	28.7x
China Vanke Co	$48.7B	1.4x	-45.8x
China Resources Land	$48.0B	1.2x	6.8x
Sun Hung Kai Properties	$47.8B	4.5x	11.8x
D.R. Horton	$45.9B	1.3x	9.4x
Mitsubishi Estate	$43.9B	3.9x	15.8x
Poly Real Estate	$42.9B	1.1x	17.9x
Unibail-Rodamco-Westfield	$40.7B	13.3x	15.5x
Goodman Group	$40.1B	19.7x	23.1x
Sunac China Hldgs	$37.4B	3.7x	-48.0x
Country Garden Hldgs Co	$36.3B	1.9x	-17.6x
Daiwa House Industry	$35.7B	1.0x	8.6x
Shimao Group Holdings	$34.1B	6.3x	-41.5x
China Overseas Land & Investment	$33.9B	1.3x	10.3x
Greenland Holdings Gr	$30.2B	0.9x	n/a
Longfor Group Holdings	$27.8B	1.8x	24.2x
Vantage Towers	$27.3B	n/a	n/a
Lennar	$27.0B	0.8x	8.6x
Henderson Land	$26.4B	8.4x	25.7x
Samsung C&T	$26.2B	1.0x	8.9x
Sekisui House	$25.3B	0.9x	10.3x
PulteGroup	$23.4B	1.4x	7.2x
Fastighets	$23.2B	15.7x	22.4x
CK Asset Holdings	$21.4B	3.4x	9.3x
Aldar Properties	$20.6B	2.4x	7.7x
Azrieli Group	$20.5B	20.1x	n/a
Emaar Properties	$19.4B	1.6x	3.3x
NVR	$19.3B	1.9x	11.3x
CTP	$19.2B	19.8x	23.7x
Swiss Prime Site	$19.2B	35.4x	33.1x
Ayala	$18.6B	3.1x	9.4x
DLF	$18.2B	18.3x	61.8x
SM Prime Holdings	$17.4B	7.1x	11.7x
LEG Immobilien	$16.5B	15.3x	20.8x
Toll Brothers	$14.8B	1.4x	7.5x
Chandra Daya Investasi	$13.1B	n/a	n/a
Lodha Group	$12.2B	6.9x	23.3x
Castellum	$11.9B	11.4x	17.0x
Sagax	$11.7B	20.1x	22.4x
PSP Swiss Property	$10.9B	24.7x	28.6x
IWG	$10.5B	2.8x	19.7x
Kiler Holding	$10.0B	n/a	n/a
NEPI Rockcastle	$9.1B	11.0x	15.0x
Skanska	$9.0B	0.5x	8.7x
Pandox	$8.6B	10.7x	18.8x
Howard Hughes Holdings	$8.5B	5.9x	17.3x
Taylor Morrison	$7.7B	1.0x	6.5x
Allreal Holding	$7.6B	n/a	22.4x
Emaar Development	$7.3B	1.1x	2.3x
Jabal Omar Devlopment	$7.3B	n/a	n/a
AFI Properties	$6.8B	n/a	n/a
Dar Alarkan Real Estate	$6.7B	6.0x	15.4x
GEK Terna	$6.6B	1.5x	9.4x
Fabege	$6.6B	17.7x	25.0x
Kojamo	$6.6B	12.2x	20.8x
Wihlborgs Fastigheter	$6.5B	13.8x	19.9x
Wallenstam	$6.5B	19.5x	30.4x
CPI Europe	$6.5B	6.9x	n/a
TAG Immobilien	$6.4B	16.2x	20.1x
Samhallsbyggnadsbolaget	$6.4B	17.8x	33.5x
Kennedy-Wilson Holdings	$6.4B	12.0x	n/a
Barratt Redrow	$6.0B	0.8x	7.6x
Meritage Homes	$5.8B	1.0x	8.4x
Mobimo Holding	$5.6B	30.3x	19.1x
Olav Thon	$5.5B	12.8x	17.2x
Persimmon	$5.5B	1.2x	8.8x
Gav-Yam Lands	$5.5B	n/a	n/a
VGP	$5.4B	62.3x	29.6x
Atrium Ljungberg	$5.1B	16.2x	23.6x
Entra	$5.1B	16.8x	19.3x
KB Home	$5.1B	0.8x	7.3x
Jeudan	$5.0B	n/a	n/a
Redefine Properties	$4.9B	9.6x	15.1x
Property & Building Corp	$4.9B	n/a	n/a
Catena	$4.8B	16.9x	20.6x
CA Immobilien Anlagen	$4.5B	15.1x	22.2x
Berkeley Group	$4.5B	1.4x	7.1x
Taylor Wimpey	$4.5B	0.9x	7.6x
Champion Homes	$4.4B	1.7x	14.6x
Cavco Industries	$4.4B	2.0x	17.7x
Mega Or Holdings	$4.2B	n/a	n/a
Makkah Construction	$4.2B	n/a	n/a
Bellway	$4.1B	1.1x	9.9x
ISRAEL CANADA	$4.0B	n/a	n/a
St. Joe	$4.0B	n/a	n/a
Nyfosa	$3.9B	10.4x	15.1x
Airport City	$3.8B	n/a	n/a
Hufvudstaden	$3.7B	15.0x	22.1x
GAG Immobilien	$3.7B	n/a	n/a
Emaar the Economic City	$3.7B	n/a	n/a
M/I Homes	$3.6B	0.8x	5.6x
Deutsche EuroShop	$3.5B	10.7x	13.6x
Dream Finders Homes	$3.3B	0.8x	6.3x
Century Communities	$3.3B	0.8x	10.8x
Tri Pointe Homes	$3.2B	0.9x	6.4x
Vistry Group	$3.2B	0.6x	6.2x
Sirius Real Estate	$3.1B	12.5x	17.6x
NP3 Fastigheter	$3.1B	12.8x	17.4x
Green Brick Partners	$3.0B	1.5x	6.6x
Investis Holding	$3.0B	14.3x	44.6x
Intea Fastigheter	$3.0B	18.1x	22.6x
Citycon	$3.0B	8.9x	14.0x
Cibus Nordic Real Estate	$2.9B	13.4x	17.0x
FastPartner	$2.9B	11.9x	17.6x
Dios Fastigheter	$2.9B	10.4x	15.4x
Aura Investments	$2.9B	n/a	n/a
Taiba Investments	$2.8B	n/a	n/a
Blue Square Real Estate	$2.8B	n/a	n/a
Bangun Kosambi Sukses	$2.8B	20.6x	n/a
LGI Homes	$2.7B	1.6x	19.8x
Realia Business	$2.6B	n/a	n/a
Cyrela Brazil Realty	$2.6B	1.7x	6.9x
Intershop Holding	$2.6B	5.8x	6.3x
Platzer Fastigheter Hldg	$2.5B	13.4x	18.0x
Azorim Inv Dev	$2.5B	n/a	n/a
Growthpoint Properties	$2.5B	12.6x	15.3x
HIAG Immobilien Holding	$2.5B	9.9x	22.4x
Nexity	$2.4B	0.7x	9.1x
Globe Trade Centre	$2.4B	10.0x	16.7x
Lamda Development	$2.3B	3.0x	7.9x
Globalworth Real Est Inv	$2.3B	n/a	n/a
Land Development	$2.2B	n/a	n/a
Zug Estates Holding	$2.2B	19.5x	16.0x
Branicks Group	$2.2B	14.0x	15.9x
Prashkovsky Investments	$2.2B	n/a	n/a
Royal Heijmans	$2.2B	0.7x	7.5x
Hyprop Investments	$2.1B	14.1x	n/a
Swedish Logistic Property	$2.1B	19.8x	23.3x
Sedlmayr Grund	$2.0B	n/a	n/a
Metrovacesa	$2.0B	2.5x	18.2x
EPIC Suisse	$2.0B	22.6x	28.5x
Public Property Invest	$2.0B	20.7x	25.0x
Kvutzat Acro	$1.9B	n/a	n/a
Dom Development	$1.9B	1.9x	7.8x
Pattern Group	$1.8B	n/a	n/a
MRV Engenharia	$1.8B	0.9x	15.5x
Saudi Real Estate	$1.8B	3.2x	10.0x
Cury Construtora E	$1.8B	1.8x	7.9x
Retal Urban Dev	$1.8B	2.7x	19.3x
Altareit	$1.8B	n/a	n/a
Neinor Homes	$1.8B	2.3x	13.7x
Forestar Group	$1.7B	1.0x	8.0x
Aedas Homes	$1.7B	1.4x	9.7x
C C Land Holdings	$1.7B	n/a	n/a
Nawi Group	$1.7B	n/a	n/a
Lighthouse Properties	$1.7B	n/a	n/a
Peach Property Gr	$1.7B	10.1x	26.3x
Africa Israel Residences	$1.6B	n/a	n/a
JHSF Participacoes	$1.6B	4.2x	9.5x
Brinova Fastigheter	$1.6B	26.9x	n/a
Logistea	$1.6B	13.7x	16.8x
Knowledge Economic City	$1.6B	n/a	n/a
Ronesans Gayrimenkul	$1.6B	5.6x	8.3x
Stendorren Fastigheter	$1.6B	14.0x	19.3x
Fundamenta Real Estate	$1.6B	18.0x	21.8x
Gemlife Communities Gr	$1.5B	n/a	n/a
Carasso Real Estate	$1.5B	n/a	n/a
Dar Global	$1.4B	3.1x	11.4x
Plazza	$1.4B	34.9x	18.6x
Hovnanian Enterprises	$1.4B	0.5x	4.7x
MLP Group	$1.4B	12.0x	24.3x
Direcional Engenharia	$1.4B	1.7x	6.8x
Fastighetsbolaget	$1.4B	14.4x	19.2x
Hagag Group Real Estate	$1.4B	n/a	n/a
MAS	$1.3B	10.9x	11.6x
John Mattson	$1.3B	18.3x	28.3x
Echo Investment	$1.3B	2.5x	20.2x
Adgar Investments & Dev	$1.3B	n/a	n/a
Warteck Invest	$1.3B	18.0x	23.1x
Stenhus Fastigheter i	$1.3B	11.4x	n/a
SF Urban Props	$1.2B	16.2x	35.5x
Develia	$1.2B	2.1x	9.0x
Heba Fastighets	$1.2B	18.5x	27.9x
ATAL	$1.2B	3.1x	12.0x
Immobel	$1.2B	2.6x	19.6x
Novavest Real Estate	$1.2B	22.2x	24.1x
Fonciere Inea	$1.2B	12.7x	n/a
Arriyadh Development	$1.2B	10.3x	n/a
Villar International	$1.2B	n/a	n/a
Fastighets AB Trianon	$1.1B	13.2x	22.5x
Gateway Real Estate	$1.1B	n/a	n/a
Nivika Fastigheter	$1.1B	14.4x	20.0x
Eastnine	$1.1B	15.6x	18.2x
Patrizia	$1.0B	3.2x	16.1x
Neobo Fastigheter	$1.0B	10.3x	21.5x
Attacq Limited	$1.0B	9.8x	n/a
Varia US Properties	$953M	8.3x	19.9x
Harworth Gr	$953M	24.7x	23.0x
One United Properties	$946M	3.0x	8.6x
Aspen Group	$914M	13.0x	29.9x
Archicom	$894M	2.8x	13.8x
BASSAC	$892M	n/a	n/a
Atenor	$881M	3.7x	21.2x
Genova Property Group	$875M	15.8x	25.5x
EPH European Property	$817M	n/a	n/a
Dap Gayrimenkul	$811M	n/a	n/a
Prisma Properties	$809M	14.6x	20.6x
KlaraBo Sverige	$808M	13.2x	21.1x
Peet	$798M	2.6x	12.1x
Socovesa	$793M	n/a	n/a
Lifestyle Communities	$745M	5.2x	16.3x
EZ TEC Empreendimentos	$736M	2.4x	9.2x
Fiducial Real Estate	$684M	n/a	n/a
Alandalus Property	$679M	n/a	n/a
Cavatina Holding	$667M	n/a	n/a
Transcontinental Realty	$643M	n/a	n/a
Polski Holding	$632M	n/a	n/a
Selvaag Bolig	$627M	3.0x	53.5x
DEMIRE Deutsche	$613M	9.5x	19.5x
Noval Prop Real Est Inv	$606M	13.7x	22.2x
Construtora Tenda	$597M	0.8x	5.3x
Ladun Inv	$596M	n/a	n/a
Cedar Woods Properties	$591M	1.8x	11.1x
Premia Real Estate	$589M	16.1x	21.5x
Consultatio	$563M	n/a	n/a
Plano & Plano	$546M	0.9x	5.4x
Inmobiliaria del Sur	$544M	1.8x	8.9x
Shopper Park Plus	$540M	n/a	n/a
Tejon Ranch	$495M	11.7x	n/a
Besqab	$489M	1.6x	19.2x
Five Point Hldgs	$483M	n/a	n/a
FRP Holdings	$477M	n/a	n/a
K2A Knaust & Andersson	$473M	14.3x	20.3x
Prime Office	$465M	n/a	n/a
Helical	$465M	26.2x	29.8x
Sumou Real Estate	$442M	n/a	n/a
Dinkelacker	$439M	n/a	n/a
Winton Land	$435M	4.1x	21.7x
FCR Immobilien	$433M	10.2x	17.8x
STINAG Stuttgart Invest	$426M	12.6x	19.3x
EfTEN Real Estate Fund	$422M	n/a	n/a
American Realty Investors	$421M	n/a	n/a
Avrupakent Gayrimenkul	$419M	2.8x	6.2x
Fortinova Fastigheter	$417M	n/a	n/a
UBM Development	$414M	2.6x	41.2x
Annehem Fastigheter	$407M	11.6x	19.9x
Arlandastad Group	$406M	11.1x	-96.2x
Deutsche Fachmarkt	$393M	13.2x	16.4x
Stratus Properties	$365M	n/a	n/a
Servicios Corporativos	$354M	n/a	n/a
Titania Holding	$348M	36.0x	114.3x
Inclusio	$347M	18.5x	n/a
Seritage Growth Props	$336M	n/a	n/a
Even Construtora	$333M	0.8x	5.6x
Maui Land & Pineapple Co	$332M	n/a	n/a
CBo Territoria	$313M	n/a	n/a
ALM Equity	$306M	2.4x	-24.3x
Star Hldgs	$296M	n/a	n/a
Dimand Real Estate Dev	$296M	n/a	n/a
Compania Espanola de	$296M	n/a	n/a
Gafisa	$291M	n/a	n/a
Park Street	$289M	n/a	n/a
AGROB Immobilien	$284M	n/a	n/a
Zublin Immobilien Holding	$273M	n/a	n/a
Consorcio Ara	$260M	0.6x	4.3x
Aktiebolaget Fastator	$259M	7.5x	n/a
Asuntosalkku	$259M	n/a	n/a
Velgraf Asset Management	$257M	n/a	n/a
Balwin Properties	$254M	1.9x	11.1x
Smith Douglas Homes	$249M	0.3x	3.7x
Spear REIT	$245M	8.4x	n/a
Tingsvalvet Fastighets	$240M	n/a	n/a
Springfield Properties	$234M	0.7x	7.8x
Abitare In	$232M	n/a	n/a
Mig Holdings	$229M	n/a	n/a
Graphisoft Park	$228M	n/a	n/a
Mofast	$214M	n/a	n/a
Deutsche Real Estate	$214M	n/a	n/a
United Homes Gr	$211M	n/a	n/a
ITC Properties Gr	$207M	n/a	n/a
Fast Ejendom Danmark	$203M	n/a	n/a
Fonciere Volta	$203M	n/a	n/a
Inmobiliaria Manquehue	$201M	n/a	n/a
Warimpex Finanz-und	$200M	8.9x	148.3x
Doxa	$198M	n/a	n/a
Artea	$188M	n/a	n/a
Marvipol Development	$185M	1.3x	6.6x
Corpovael	$176M	0.7x	4.4x
Texaf	$176M	n/a	n/a
EgnsInvest Ejd Tyskland	$176M	n/a	n/a
Appeninn Vagyonkezelo	$172M	n/a	n/a
Pandora Investments	$171M	n/a	n/a
Roadside Real Estate	$165M	n/a	n/a
Mitre Realty	$165M	0.8x	4.2x
Finbar Group	$163M	0.9x	11.4x
Duna House Holding	$161M	1.1x	7.3x
Impact Developer	$149M	n/a	n/a
Toivo Gr	$146M	2.3x	15.8x
Brioschi	$145M	n/a	n/a
Tian An Australia	$145M	n/a	n/a
Banimmo	$145M	7.0x	13.0x
Lokum Deweloper	$144M	4.2x	8.5x
Hasen-Immobilien	$140M	n/a	n/a
Amhult 2	$140M	n/a	n/a
Inpro	$139M	n/a	n/a
Alphaville	$139M	1.0x	5.2x
Copenhagen Capital	$134M	n/a	n/a
Crosswood	$133M	n/a	n/a
New Amsterdam Invest	$129M	n/a	n/a
Balkan and Sea	$127M	n/a	n/a
Orilina Properties Real	$126M	n/a	n/a
Preservium Property	$125M	n/a	n/a
Kalleback Property Invest	$124M	n/a	n/a
InCity Immobilien	$121M	n/a	n/a
Biggeorge Property	$121M	n/a	n/a
Plaza Centers	$119M	n/a	n/a
KD	$115M	n/a	n/a
Baltic Sea Properties	$114M	n/a	n/a
Real Fastigheter	$110M	n/a	n/a
Krona Public Real Estate	$109M	n/a	n/a
Pro Kapital Grupp	$109M	n/a	n/a
Galata Investment	$108M	n/a	n/a
Tecnisa	$108M	1.2x	-5.9x
CDL Inv New Zealand	$107M	n/a	n/a
Solnaberg Property	$104M	n/a	n/a
Swiss Properties Invest	$104M	n/a	n/a
TRX Real Estate	$102M	n/a	n/a
RNI Negocios Imobiliarios	$102M	n/a	n/a
Santa Ana Global	$99.1M	n/a	n/a
Comstock Holding Co	$98.6M	n/a	n/a
Sonagi SGPS	$96.9M	n/a	n/a
Agat Ejendomme	$91.8M	n/a	n/a
Calgro M3 Holdings	$91.8M	1.6x	7.9x
Fleming Properties	$90.9M	n/a	n/a
Beno Holding	$90.5M	n/a	n/a
Rank Progress	$90.3M	n/a	n/a
Lead Real Estate Co	$85.7M	n/a	n/a
Gabetti Property Solns	$80.3M	0.5x	7.1x
Stradim Espace Finances	$80.2M	n/a	n/a
Hepsor	$77.7M	n/a	n/a
TTL Beteiligungs- und	$76.3M	n/a	n/a
Arco Vara	$74.0M	n/a	n/a
Crown Energy	$72.7M	n/a	n/a
Rebirth	$70.1M	n/a	n/a
Coreo	$69.9M	n/a	n/a
Acrinova	$68.6M	n/a	n/a
Bonasudden Holding	$68.3M	n/a	n/a
AKKO Invest	$66.5M	n/a	n/a
German High Street Props	$62.2M	n/a	n/a
K+G Complex	$61.3M	n/a	n/a
Aquaticus Real Estate	$60.6M	n/a	n/a
Amrep	$55.7M	1.0x	4.1x
Libertas	$55.6M	n/a	n/a
Techo Hogar SOCIMI	$52.2M	n/a	n/a
INVL Baltic Real Est	$50.2M	n/a	n/a
Kekrops	$48.7M	n/a	n/a
Alpha Real Estate	$43.7M	n/a	n/a
Ovaro Kiinteistosijoitus	$41.7M	6.7x	-75.7x
Nyesa Valores	$41.4M	n/a	n/a
Investors House	$41.4M	4.2x	8.6x
Cemat	$39.8M	n/a	n/a
Wikana	$39.7M	n/a	n/a
Noratis	$39.0M	0.9x	8.3x
Latvian Forest	$38.1M	n/a	n/a
Regala Invest	$36.4M	n/a	n/a
BBI Development	$35.0M	n/a	n/a
RCM Beteiligungs	$30.6M	n/a	n/a
Renta Corporacion Real	$28.6M	n/a	n/a
IEP Invest	$26.8M	n/a	n/a
Les Constructeurs du bois	$26.8M	0.9x	n/a
Accentis	$26.6M	n/a	n/a
Phoenix Capital Holding	$25.5M	n/a	n/a
Tayninh	$24.9M	n/a	n/a
Ekopark	$24.7M	n/a	n/a
NVL Baltic Farmland	$24.3M	n/a	n/a
Verianos	$24.2M	n/a	n/a
Tecma Solutions	$22.8M	1.4x	12.9x
Wise Finance	$22.6M	n/a	n/a
Krakowskie Centrum	$22.4M	n/a	n/a
Ayco Grupo Inmobiliario	$22.3M	n/a	n/a
Kopaonik a.d	$18.3M	n/a	n/a
Korporacja Gospodarcza	$17.5M	n/a	n/a
Risanamento	$16.9M	n/a	n/a
Multihome	$16.0M	n/a	n/a
Fipp	$15.3M	n/a	n/a
Lokaty Budowlane	$13.4M	n/a	n/a
TMM Real Estate Dev	$13.3M	n/a	n/a
Slottsviken	$12.5M	n/a	n/a
ENA	$12.2M	2.0x	-32.8x
Octava	$12.1M	n/a	n/a
Tessin Nordic Holding	$9.7M	3.7x	-3.4x
Instone Real Estate Group	$9.7M	0.0x	0.1x
Quart Development	$9.1M	n/a	n/a
Courtois	$9.0M	n/a	n/a
Bolkan Property	$8.2M	n/a	n/a
Czerwona Torebka	$8.1M	n/a	n/a
Real Bulland	$8.0M	n/a	n/a
Adomos	$8.0M	n/a	n/a
Movinn	$6.4M	n/a	n/a
Navstone	$6.4M	n/a	n/a
CPD	$6.2M	n/a	n/a
Dotstay	$6.2M	n/a	n/a
Elkop Estonia	$4.4M	n/a	n/a
MEDCAMP	$4.3M	n/a	n/a
RomReal	$4.1M	n/a	n/a
Trigon Property Dev	$3.1M	n/a	n/a
Samtrygg Group	$3.1M	n/a	n/a
KMC Properties	$2.8M	n/a	n/a
Cleanbnb	$2.0M	0.1x	2.8x
Softimat	$2.0M	n/a	n/a
Compagnie Fonciere	$1.8M	n/a	n/a
Partner-Nieruchomosci	$1.8M	n/a	n/a
Tower Investments	$1.6M	n/a	n/a
Mevim	$1.2M	n/a	n/a
SOHO Development	$1.2M	n/a	n/a