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/Revenue	EV/EBITDA
China State Construction	$109B	0.4x	7.0x
Mitsui Fudosan	$56.2B	3.1x	16.0x
Sun Hung Kai Properties	$44.2B	4.1x	10.5x
Poly Real Estate	$44.1B	1.1x	13.5x
Goodman Group	$43.5B	23.6x	28.5x
D.R. Horton	$42.9B	1.2x	7.9x
China Resources Land	$41.9B	1.1x	5.7x
Unibail-Rodamco-Westfield	$37.2B	15.2x	15.1x
Mitsubishi Estate	$36.0B	3.3x	12.6x
Daiwa House Industry	$36.0B	1.0x	7.7x
China Overseas Land & Investment	$35.5B	1.4x	10.0x
Lennar	$30.5B	0.9x	6.5x
Vantage Towers	$26.1B	n/a	n/a
Sekisui House	$25.5B	0.9x	9.7x
Henderson Land	$23.4B	7.0x	20.6x
Ayala	$22.2B	3.7x	19.4x
Fastighets	$21.7B	16.0x	22.5x
Emaar Properties	$21.6B	2.1x	4.2x
PulteGroup	$21.5B	1.2x	5.7x
NVR	$20.5B	2.0x	10.8x
Aldar Properties	$19.4B	2.8x	9.1x
DLF	$19.2B	21.7x	65.7x
SM Prime Holdings	$18.9B	7.5x	12.5x
CK Asset Holdings	$17.6B	2.8x	8.2x
Swiss Prime Site	$17.4B	30.8x	30.6x
LEG Immobilien	$16.9B	17.1x	25.0x
CTP	$16.7B	20.9x	23.8x
Lodha Group	$14.9B	9.0x	30.6x
Samsung C&T	$14.1B	0.5x	5.0x
Toll Brothers	$13.2B	1.2x	6.3x
PSP Swiss Property	$11.7B	27.7x	31.9x
Castellum	$11.6B	11.5x	16.9x
Sagax	$11.2B	n/a	n/a
IWG	$9.4B	2.4x	15.5x
NEPI Rockcastle	$8.3B	13.4x	14.1x
Barratt Redrow	$8.2B	1.1x	11.0x
Emaar Development	$8.0B	1.4x	2.9x
Taylor Morrison	$7.9B	1.0x	6.3x
Skanska	$7.5B	0.4x	7.8x
Pandox	$7.0B	9.4x	17.0x
Allreal Holding	$6.8B	24.9x	22.9x
Kojamo	$6.7B	13.0x	22.2x
CPI Europe	$6.6B	n/a	n/a
Wallenstam	$6.6B	n/a	n/a
TAG Immobilien	$6.4B	15.6x	23.2x
Samhallsbyggnadsbolaget	$6.3B	n/a	n/a
Fabege	$6.2B	17.4x	24.9x
Wihlborgs Fastigheter	$6.1B	13.9x	20.0x
Meritage Homes	$6.0B	0.9x	6.1x
GEK Terna	$5.9B	1.6x	11.1x
KB Home	$5.6B	0.8x	6.4x
Persimmon	$5.5B	1.3x	9.4x
Entra	$5.2B	16.8x	19.4x
Taylor Wimpey	$4.9B	1.1x	8.4x
Berkeley Group	$4.9B	1.5x	7.5x
Champion Homes	$4.8B	1.9x	16.1x
Atrium Ljungberg	$4.8B	n/a	n/a
Jeudan	$4.8B	n/a	n/a
Mobimo Holding	$4.7B	23.4x	24.7x
CA Immobilien Anlagen	$4.6B	16.6x	26.4x
Olav Thon	$4.6B	10.6x	14.9x
Catena	$4.4B	18.5x	23.0x
Bellway	$4.3B	1.2x	11.3x
VGP	$4.3B	17.4x	22.8x
Nyfosa	$4.1B	11.0x	15.9x
Cavco Industries	$3.9B	1.9x	17.3x
Dream Finders Homes	$3.6B	0.8x	6.1x
Hufvudstaden	$3.5B	n/a	n/a
Deutsche EuroShop	$3.5B	11.4x	14.2x
GAG Immobilien	$3.5B	n/a	n/a
M/I Homes	$3.3B	0.7x	4.5x
Zug Estates Holding	$3.2B	27.5x	33.5x
Century Communities	$3.2B	0.7x	7.1x
Tri Pointe Homes	$3.2B	0.8x	4.5x
Vistry Group	$3.1B	0.5x	6.2x
Green Brick Partners	$3.0B	1.4x	6.0x
LGI Homes	$3.0B	1.3x	11.8x
NP3 Fastigheter	$3.0B	13.9x	19.2x
FastPartner	$3.0B	n/a	n/a
Cibus Nordic Real Estate	$2.9B	18.1x	21.5x
Intea Fastigheter	$2.8B	n/a	n/a
Citycon	$2.7B	9.5x	13.3x
Dios Fastigheter	$2.7B	10.3x	15.5x
Sirius Real Estate	$2.7B	12.1x	16.5x
Branicks Group	$2.6B	14.7x	17.0x
Investis Holding	$2.5B	10.1x	16.0x
Platzer Fastigheter Hldg	$2.5B	n/a	n/a
Globe Trade Centre	$2.4B	10.7x	18.5x
Nexity	$2.4B	0.6x	16.4x
Bangun Kosambi Sukses	$2.3B	17.1x	n/a
Metrovacesa	$2.3B	3.1x	27.2x
Globalworth Real Est Inv	$2.3B	n/a	n/a
Lamda Development	$2.1B	2.4x	11.1x
HIAG Immobilien Holding	$2.1B	13.3x	19.7x
Intershop Holding	$2.0B	11.1x	12.9x
Sedlmayr Grund	$2.0B	n/a	n/a
Aedas Homes	$1.9B	1.6x	10.6x
Swedish Logistic Property	$1.8B	n/a	n/a
EPIC Suisse	$1.8B	21.8x	19.8x
Dom Development	$1.7B	1.9x	8.5x
Royal Heijmans	$1.5B	0.5x	6.6x
Peach Property Gr	$1.5B	10.3x	22.8x
Stendorren Fastigheter	$1.5B	n/a	n/a
Altareit	$1.4B	n/a	n/a
Fundamenta Real Estate	$1.4B	21.0x	26.7x
Realia Business	$1.4B	n/a	n/a
Logistea	$1.4B	n/a	n/a
Neinor Homes	$1.4B	2.2x	11.2x
BASSAC	$1.4B	n/a	n/a
Lighthouse Properties	$1.3B	n/a	n/a
Echo Investment	$1.3B	3.8x	23.9x
Warteck Invest	$1.3B	21.3x	28.5x
John Mattson	$1.2B	18.4x	28.7x
MAS	$1.2B	11.1x	11.5x
Immobel	$1.2B	2.9x	84.6x
Heba Fastighets	$1.2B	n/a	n/a
Develia	$1.2B	2.4x	10.2x
Plazza	$1.2B	27.6x	16.7x
Stenhus Fastigheter i	$1.2B	11.1x	n/a
SF Urban Props	$1.1B	32.6x	33.8x
Gateway Real Estate	$1.1B	n/a	n/a
Fastighetsbolaget	$1.1B	n/a	n/a
Novavest Real Estate	$1.1B	22.2x	30.4x
Fonciere Inea	$1.1B	11.9x	n/a
Fastighets AB Trianon	$1.1B	n/a	n/a
MLP Group	$1.1B	11.1x	12.7x
Patrizia	$1.1B	3.2x	19.6x
Eastnine	$1.0B	18.4x	21.7x
Nivika Fastigheter	$982M	n/a	n/a
Neobo Fastigheter	$974M	10.2x	22.6x
ATAL	$970M	2.1x	10.1x
Varia US Properties	$965M	9.0x	20.7x
Brinova Fastigheter	$942M	n/a	n/a
Atenor	$942M	3.0x	20.0x
EPH European Prop Hldgs	$915M	n/a	n/a
Public Property Invest	$915M	13.1x	16.7x
Genova Property Group	$834M	15.6x	24.5x
Archicom	$821M	3.4x	16.3x
KlaraBo Sverige	$791M	n/a	n/a
UBM Development	$770M	4.2x	47.9x
Orascom Development	$731M	n/a	n/a
Instone Real Estate Group	$702M	1.2x	8.9x
Aurora Eiendom	$691M	12.1x	14.8x
Prisma Properties	$690M	14.7x	21.8x
Fiducial Real Estate	$656M	n/a	n/a
Polski Holding	$634M	2.8x	n/a
DEMIRE Deutsche	$597M	10.4x	29.4x
Cavatina Holding	$589M	n/a	n/a
One United Properties	$541M	2.6x	9.0x
Noval Property Real	$511M	13.0x	21.1x
K2A Knaust & Andersson	$511M	n/a	n/a
Inmobiliaria del Sur	$466M	2.0x	10.6x
FCR Immobilien	$450M	8.5x	17.5x
Selvaag Bolig	$450M	2.4x	27.5x
Dinkelacker	$422M	n/a	n/a
Fortinova Fastigheter	$403M	n/a	n/a
Shopper Park Plus	$401M	n/a	n/a
EfTEN Real Estate Fund	$393M	n/a	n/a
Besqab	$377M	1.6x	21.1x
Annehem Fastigheter	$377M	n/a	n/a
STINAG Stuttgart Invest	$371M	11.4x	17.1x
Prime Office	$369M	n/a	n/a
Premia Real Estate	$338M	11.4x	17.0x
ALM Equity	$333M	1.2x	-9.7x
Deutsche Fachmarkt	$327M	11.1x	15.9x
Accentro Real Est	$327M	n/a	n/a
Arlandastad Group	$327M	9.1x	-96.4x
AGROB Immobilien	$305M	n/a	n/a
Inclusio	$305M	19.4x	n/a
CBo Territoria	$303M	4.1x	10.9x
Artea	$277M	n/a	n/a
Compania Espanola de	$274M	n/a	n/a
Titania Holding	$257M	n/a	n/a
Park Street	$252M	n/a	n/a
Asuntosalkku	$250M	12.5x	26.9x
Aktiebolaget Fastator	$240M	7.2x	n/a
Velgraf Asset Management	$240M	n/a	n/a
Zublin Immobilien Holding	$221M	n/a	n/a
Dimand Real Estate Dev	$220M	n/a	n/a
Graphisoft Park	$219M	n/a	n/a
Logistri Fastighets	$210M	n/a	n/a
Mofast	$210M	n/a	n/a
Doxa	$208M	n/a	n/a
Fonciere Volta	$205M	n/a	n/a
Abitare In	$194M	1.4x	5.5x
Tingsvalvet Fastighets	$194M	n/a	n/a
Mig Holdings	$188M	n/a	n/a
Acrinova	$176M	n/a	n/a
EgnsInvest Ejd Tyskland	$171M	n/a	n/a
Marvipol Development	$169M	1.3x	9.1x
Appeninn Vagyonkezelo	$165M	n/a	n/a
Fast Ejendom Danmark	$164M	n/a	n/a
Texaf	$164M	n/a	n/a
Impact Developer	$143M	2.3x	n/a
Brioschi	$135M	n/a	n/a
Amhult 2	$135M	n/a	n/a
Crosswood	$134M	n/a	n/a
Hasen-Immobilien	$132M	n/a	n/a
New Amsterdam Invest	$130M	n/a	n/a
Banimmo	$128M	3.8x	9.8x
Copenhagen Capital	$121M	n/a	n/a
Preservium Property	$121M	n/a	n/a
Toivo Gr	$121M	2.3x	17.5x
Duna House Holding	$118M	n/a	n/a
Kalleback Property Invest	$117M	n/a	n/a
InCity Immobilien	$116M	n/a	n/a
Plaza Centers	$116M	n/a	n/a
Pro Kapital Grupp	$114M	n/a	n/a
Orilina Properties Real	$113M	n/a	n/a
Pandora Investments	$113M	n/a	n/a
Biggeorge Property	$110M	n/a	n/a
Krona Public Real Estate	$107M	n/a	n/a
Real Fastigheter	$105M	n/a	n/a
Inpro	$104M	n/a	n/a
Baltic Sea Properties	$102M	n/a	n/a
Deutsche Real Estate	$101M	n/a	n/a
Solnaberg Property	$100M	n/a	n/a
Galata Investment	$100M	n/a	n/a
Swiss Properties Invest	$99.6M	n/a	n/a
Rank Progress	$99.1M	n/a	n/a
Backaheden Fastighets	$93.3M	n/a	n/a
Agat Ejendomme	$92.1M	n/a	n/a
Lokum Deweloper	$91.2M	1.8x	5.7x
Sonagi SGPS	$89.8M	n/a	n/a
Beno Holding	$89.6M	n/a	n/a
Fleming Properties	$82.5M	n/a	n/a
Hepsor	$80.8M	n/a	n/a
Investors House	$79.0M	6.8x	9.1x
KD	$76.1M	n/a	n/a
TRX Real Estate	$73.4M	n/a	n/a
Alpha Real Estate	$72.6M	n/a	n/a
Gabetti Property Solns	$71.8M	0.5x	4.1x
Coreo	$71.6M	n/a	n/a
German High Street	$66.9M	n/a	n/a
Rebirth	$66.2M	n/a	n/a
TTL Beteiligungs- und	$63.6M	n/a	n/a
Bonasudden Holding	$63.4M	n/a	n/a
Stradim Espace Finances	$61.9M	n/a	n/a
Aquaticus Real Estate	$61.3M	n/a	n/a
AKKO Invest	$58.2M	n/a	n/a
Multihome	$57.4M	n/a	n/a
Renta Corporacion Real	$51.5M	n/a	n/a
Noratis	$45.1M	n/a	n/a
K+G Complex	$43.6M	n/a	n/a
INVL Baltic Real Est	$41.9M	n/a	n/a
Warimpex Finanz-und	$41.2M	1.5x	10.2x
Cemat	$40.7M	n/a	n/a
Techo Hogar SOCIMI	$39.5M	n/a	n/a
Ovaro Kiinteistosijoitus	$38.9M	6.8x	65.7x
Accentis	$38.1M	n/a	n/a
Latvian Forest	$38.0M	n/a	n/a
Arco Vara	$37.5M	n/a	n/a
IEP Invest	$36.3M	n/a	n/a
Link Prop Investment	$36.3M	n/a	n/a
Regala Invest	$34.7M	n/a	n/a
Nyesa Valores	$33.6M	n/a	n/a
Wikana	$33.2M	n/a	n/a
BBI Development	$33.1M	n/a	n/a
Kekrops	$30.1M	n/a	n/a
RCM Beteiligungs	$27.8M	n/a	n/a
Libertas	$26.7M	n/a	n/a
Wise Finance	$26.3M	n/a	n/a
Les Constructeurs du bois	$23.9M	0.8x	n/a
Phoenix Capital Holding	$23.7M	n/a	n/a
Verianos	$23.1M	n/a	n/a
NVL Baltic Farmland	$22.4M	n/a	n/a
Ayco Grupo Inmobiliario	$21.4M	n/a	n/a
Ekopark	$20.5M	n/a	n/a
Risanamento	$18.0M	n/a	n/a
Korporacja Gospodarcza	$18.0M	n/a	n/a
TMM Real Estate Dev	$16.7M	n/a	n/a
Tecma Solutions	$16.5M	1.0x	7.2x
Fipp	$15.7M	n/a	n/a
Tayninh	$15.6M	n/a	n/a
CI Com	$14.3M	n/a	n/a
Krakowskie Centrum	$14.3M	n/a	n/a
Tessin Nordic Holding	$13.9M	4.4x	-7.4x
Slottsviken	$11.8M	n/a	n/a
Lokaty Budowlane	$11.7M	n/a	n/a
Octava	$10.1M	n/a	n/a
Movinn	$9.1M	n/a	n/a
Adomos	$8.4M	n/a	n/a
Real Bulland	$7.0M	n/a	n/a
Courtois	$6.6M	n/a	n/a
Czerwona Torebka	$6.5M	n/a	n/a
Dotstay	$6.5M	n/a	n/a
Cleanbnb	$6.5M	0.3x	4.3x
Elkop Estonia	$6.4M	n/a	n/a
Navstone	$5.8M	n/a	n/a
Quart Development	$5.7M	n/a	n/a
MEDCAMP	$5.5M	n/a	n/a
Softimat	$4.9M	n/a	n/a
ENA	$4.5M	0.7x	32.2x
CPD	$4.5M	n/a	n/a
Samtrygg Group	$3.4M	n/a	n/a
Trigon Property Dev	$3.1M	n/a	n/a
Mevim	$2.7M	n/a	n/a
Partner-Nieruchomosci	$2.5M	n/a	n/a
KMC Properties	$2.2M	n/a	n/a
Compagnie Fonciere	$1.3M	n/a	n/a
Tower Investments	$1.3M	n/a	n/a
Condo Nordic Holding	$0.8M	n/a	n/a
SOHO Development	-$1.0M	n/a	n/a
Crown Energy	-$1.3M	n/a	n/a