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	6.9x
Mitsui Fudosan	$55.6B	3.1x	15.8x
Goodman Group	$45.8B	24.8x	30.0x
Sun Hung Kai Properties	$44.9B	4.2x	10.8x
Poly Real Estate	$44.0B	1.1x	13.5x
China Resources Land	$41.2B	1.1x	5.6x
D.R. Horton	$40.4B	1.2x	7.5x
Unibail-Rodamco-Westfield	$38.5B	15.3x	15.7x
Mitsubishi Estate	$36.4B	3.3x	12.8x
Daiwa House Industry	$35.1B	0.9x	7.8x
China Overseas Land & Investment	$34.9B	1.4x	9.9x
Lennar	$28.9B	0.8x	6.2x
Vantage Towers	$26.1B	n/a	n/a
Sekisui House	$25.0B	0.9x	9.5x
Henderson Land	$23.4B	7.1x	20.8x
DLF	$22.2B	23.1x	80.9x
Ayala	$22.0B	3.6x	19.0x
Fastighets	$21.9B	16.1x	22.6x
PulteGroup	$19.8B	1.1x	5.3x
NVR	$19.6B	1.9x	10.4x
Aldar Properties	$19.2B	2.7x	8.8x
Emaar Properties	$18.5B	1.7x	3.6x
SM Prime Holdings	$18.1B	7.1x	11.9x
Swiss Prime Site	$17.9B	31.3x	31.8x
Samsung C&T	$17.5B	0.6x	6.2x
CK Asset Holdings	$17.3B	2.7x	8.1x
CTP	$17.1B	21.2x	24.1x
LEG Immobilien	$16.8B	17.0x	24.6x
Lodha Group	$16.7B	9.9x	33.9x
Toll Brothers	$12.5B	1.1x	5.9x
Castellum	$11.8B	11.8x	17.2x
Sagax	$11.2B	n/a	n/a
PSP Swiss Property	$10.5B	24.9x	28.5x
IWG	$9.4B	2.4x	15.4x
NEPI Rockcastle	$8.4B	13.2x	13.9x
Barratt Redrow	$8.3B	1.1x	10.8x
Taylor Morrison	$7.4B	0.9x	5.9x
Skanska	$7.3B	0.4x	7.2x
Pandox	$7.0B	9.4x	16.4x
Allreal Holding	$7.0B	25.5x	23.7x
Kojamo	$6.8B	13.2x	22.5x
Wallenstam	$6.6B	n/a	n/a
CPI Europe	$6.6B	n/a	n/a
Emaar Development	$6.5B	1.1x	2.3x
TAG Immobilien	$6.4B	16.1x	21.8x
Samhallsbyggnadsbolaget	$6.3B	n/a	n/a
Fabege	$6.3B	17.6x	25.2x
Wihlborgs Fastigheter	$6.1B	13.8x	19.9x
GEK Terna	$5.9B	1.5x	11.1x
Meritage Homes	$5.5B	0.8x	5.6x
Persimmon	$5.4B	1.2x	9.1x
KB Home	$5.2B	0.8x	6.1x
Entra	$5.2B	16.5x	19.1x
Berkeley Group	$5.0B	1.5x	7.5x
Taylor Wimpey	$5.0B	1.0x	8.4x
Jeudan	$4.9B	n/a	n/a
Atrium Ljungberg	$4.8B	n/a	n/a
Mobimo Holding	$4.7B	23.0x	24.0x
Olav Thon	$4.7B	10.8x	14.9x
CA Immobilien Anlagen	$4.5B	15.9x	23.4x
VGP	$4.3B	17.7x	23.1x
Bellway	$4.3B	1.2x	11.3x
Nyfosa	$4.1B	11.0x	15.4x
Hufvudstaden	$3.6B	n/a	n/a
GAG Immobilien	$3.6B	n/a	n/a
Deutsche EuroShop	$3.5B	11.2x	14.3x
Dream Finders Homes	$3.3B	0.7x	5.4x
Champion Homes	$3.3B	1.3x	11.5x
Zug Estates Holding	$3.3B	27.8x	34.0x
Vistry Group	$3.1B	0.5x	6.2x
Cavco Industries	$3.1B	1.5x	14.5x
M/I Homes	$3.1B	0.7x	4.3x
Century Communities	$3.0B	0.7x	6.9x
Cibus Nordic Real Estate	$3.0B	18.4x	21.7x
Intea Fastigheter	$3.0B	n/a	n/a
NP3 Fastigheter	$3.0B	13.8x	19.1x
FastPartner	$2.9B	n/a	n/a
Tri Pointe Homes	$2.9B	0.7x	4.2x
Green Brick Partners	$2.8B	1.4x	5.6x
Citycon	$2.8B	9.7x	13.8x
LGI Homes	$2.8B	1.2x	11.0x
Sirius Real Estate	$2.7B	12.3x	16.8x
Dios Fastigheter	$2.7B	10.3x	15.4x
Platzer Fastigheter Hldg	$2.5B	n/a	n/a
Investis Holding	$2.5B	10.4x	16.5x
Branicks Group	$2.5B	14.2x	16.4x
Globe Trade Centre	$2.4B	10.6x	18.4x
Nexity	$2.4B	0.7x	15.6x
Globalworth Real Est Inv	$2.3B	n/a	n/a
Sedlmayr Grund	$2.3B	n/a	n/a
Bangun Kosambi Sukses	$2.2B	15.8x	n/a
Intershop Holding	$2.1B	11.8x	13.7x
Metrovacesa	$2.1B	2.8x	24.6x
HIAG Immobilien Holding	$2.1B	13.4x	19.8x
Lamda Development	$2.1B	n/a	n/a
Swedish Logistic Property	$1.8B	n/a	n/a
EPIC Suisse	$1.8B	22.0x	20.0x
Royal Heijmans	$1.7B	0.6x	7.4x
Dom Development	$1.7B	1.9x	8.6x
Aedas Homes	$1.7B	1.4x	9.1x
Peach Property Gr	$1.5B	10.4x	23.3x
Altareit	$1.5B	n/a	n/a
Stendorren Fastigheter	$1.5B	n/a	n/a
Fundamenta Real Estate	$1.4B	21.2x	27.0x
Realia Business	$1.4B	n/a	n/a
Logistea	$1.4B	n/a	n/a
Neinor Homes	$1.4B	2.1x	11.4x
Lighthouse Properties	$1.4B	n/a	n/a
BASSAC	$1.3B	n/a	n/a
Echo Investment	$1.3B	3.7x	22.6x
Warteck Invest	$1.3B	21.2x	28.4x
John Mattson	$1.2B	18.1x	28.3x
MAS	$1.2B	11.1x	11.4x
Plazza	$1.2B	28.0x	17.4x
Stenhus Fastigheter i	$1.2B	11.5x	n/a
MLP Group	$1.2B	11.4x	22.9x
Heba Fastighets	$1.2B	n/a	n/a
Public Property Invest	$1.2B	15.4x	19.3x
SF Urban Props	$1.2B	32.8x	34.0x
Fonciere Inea	$1.1B	12.2x	n/a
Gateway Real Estate	$1.1B	n/a	n/a
Novavest Real Estate	$1.1B	22.3x	30.2x
Fastighetsbolaget	$1.1B	n/a	n/a
Immobel	$1.1B	2.7x	76.4x
Develia	$1.1B	2.1x	9.2x
Patrizia	$1.1B	3.3x	19.2x
ATAL	$1.1B	2.3x	10.9x
Fastighets AB Trianon	$1.0B	n/a	n/a
Eastnine	$1.0B	18.0x	21.1x
Nivika Fastigheter	$979M	n/a	n/a
Neobo Fastigheter	$969M	10.1x	22.4x
Brinova Fastigheter	$942M	n/a	n/a
Atenor	$939M	3.0x	19.4x
Varia US Properties	$933M	8.7x	19.9x
EPH European Prop Hldgs	$904M	n/a	n/a
Archicom	$856M	3.5x	16.6x
Genova Property Group	$829M	15.5x	24.4x
KlaraBo Sverige	$791M	n/a	n/a
UBM Development	$773M	4.9x	105.1x
Orascom Development	$720M	n/a	n/a
Prisma Properties	$705M	14.9x	21.9x
Aurora Eiendom	$697M	12.1x	15.0x
Fiducial Real Estate	$655M	n/a	n/a
Cavatina Holding	$627M	n/a	n/a
One United Properties	$612M	2.8x	9.7x
DEMIRE Deutsche	$600M	10.5x	29.0x
Polski Holding	$584M	n/a	n/a
Selvaag Bolig	$550M	2.8x	34.7x
Noval Property Real	$529M	13.6x	21.6x
K2A Knaust & Andersson	$520M	n/a	n/a
Premia Real Estate	$472M	17.6x	23.5x
Inmobiliaria del Sur	$461M	1.9x	10.3x
Dinkelacker	$458M	n/a	n/a
FCR Immobilien	$451M	8.7x	17.6x
Fortinova Fastigheter	$401M	n/a	n/a
Shopper Park Plus	$398M	n/a	n/a
STINAG Stuttgart Invest	$394M	12.1x	18.1x
EfTEN Real Estate Fund	$392M	n/a	n/a
Prime Office	$388M	n/a	n/a
Annehem Fastigheter	$378M	n/a	n/a
Besqab	$363M	1.6x	17.9x
Deutsche Fachmarkt	$331M	11.2x	16.0x
ALM Equity	$329M	1.2x	-9.4x
Accentro Real Est	$326M	n/a	n/a
Inclusio	$320M	20.3x	n/a
CBo Territoria	$305M	n/a	n/a
Titania Holding	$297M	n/a	n/a
AGROB Immobilien	$294M	n/a	n/a
Artea	$272M	n/a	n/a
Compania Espanola de	$266M	n/a	n/a
Asuntosalkku	$254M	12.4x	52.9x
Park Street	$251M	n/a	n/a
Aktiebolaget Fastator	$240M	7.2x	n/a
Velgraf Asset Management	$239M	n/a	n/a
Logistri Fastighets	$230M	n/a	n/a
Zublin Immobilien Holding	$223M	n/a	n/a
Dimand Real Estate Dev	$222M	n/a	n/a
Graphisoft Park	$213M	n/a	n/a
Mig Holdings	$210M	n/a	n/a
Mofast	$205M	n/a	n/a
Fonciere Volta	$203M	n/a	n/a
Doxa	$199M	n/a	n/a
Tingsvalvet Fastighets	$198M	n/a	n/a
Abitare In	$195M	1.4x	5.4x
Acrinova	$177M	n/a	n/a
Arlandastad Group	$175M	5.0x	-38.7x
EgnsInvest Ejd Tyskland	$171M	n/a	n/a
Fast Ejendom Danmark	$168M	n/a	n/a
Texaf	$165M	n/a	n/a
Appeninn Vagyonkezelo	$154M	n/a	n/a
Marvipol Development	$151M	1.2x	8.1x
Impact Developer	$149M	n/a	n/a
Brioschi	$137M	n/a	n/a
Hasen-Immobilien	$137M	n/a	n/a
Amhult 2	$134M	n/a	n/a
Crosswood	$131M	n/a	n/a
Pro Kapital Grupp	$131M	n/a	n/a
New Amsterdam Invest	$130M	n/a	n/a
Banimmo	$128M	3.6x	9.5x
Toivo Gr	$124M	2.4x	17.5x
Copenhagen Capital	$121M	n/a	n/a
Preservium Property	$118M	n/a	n/a
InCity Immobilien	$116M	n/a	n/a
Kalleback Property Invest	$116M	n/a	n/a
Plaza Centers	$116M	n/a	n/a
Pandora Investments	$114M	n/a	n/a
Lokum Deweloper	$114M	2.2x	6.9x
Orilina Properties Real	$113M	n/a	n/a
Duna House Holding	$111M	n/a	n/a
Biggeorge Property	$110M	n/a	n/a
Inpro	$109M	n/a	n/a
Krona Public Real Estate	$106M	n/a	n/a
Baltic Sea Properties	$106M	n/a	n/a
Real Fastigheter	$104M	n/a	n/a
Solnaberg Property	$102M	n/a	n/a
Swiss Properties Invest	$100M	n/a	n/a
Deutsche Real Estate	$99.9M	n/a	n/a
Galata Investment	$99.4M	n/a	n/a
Agat Ejendomme	$91.8M	n/a	n/a
Backaheden Fastighets	$90.4M	n/a	n/a
Beno Holding	$89.5M	n/a	n/a
Sonagi SGPS	$89.0M	n/a	n/a
Hepsor	$84.7M	n/a	n/a
Fleming Properties	$84.4M	n/a	n/a
Crown Energy	$82.7M	n/a	n/a
Rank Progress	$82.4M	n/a	n/a
Investors House	$78.1M	6.7x	9.2x
KD	$76.0M	n/a	n/a
TRX Real Estate	$72.0M	n/a	n/a
Coreo	$71.5M	n/a	n/a
Rebirth	$66.6M	n/a	n/a
German High Street	$64.2M	n/a	n/a
Stradim Espace Finances	$63.3M	n/a	n/a
TTL Beteiligungs- und	$62.3M	n/a	n/a
AKKO Invest	$61.1M	n/a	n/a
Gabetti Property Solns	$60.2M	0.4x	3.6x
Bonasudden Holding	$59.0M	n/a	n/a
Aquaticus Real Estate	$58.7M	n/a	n/a
Alpha Real Estate	$56.5M	n/a	n/a
Renta Corporacion Real	$52.5M	n/a	n/a
Nyesa Valores	$46.5M	n/a	n/a
Noratis	$44.8M	n/a	n/a
K+G Complex	$43.5M	n/a	n/a
Multihome	$42.5M	n/a	n/a
INVL Baltic Real Est	$41.7M	n/a	n/a
Cemat	$41.6M	n/a	n/a
Ovaro Kiinteistosijoitus	$41.3M	7.4x	55.2x
Wikana	$39.9M	n/a	n/a
Latvian Forest	$39.6M	n/a	n/a
Techo Hogar SOCIMI	$39.5M	n/a	n/a
Warimpex Finanz-und	$38.8M	1.4x	9.0x
Arco Vara	$38.5M	n/a	n/a
Accentis	$36.6M	n/a	n/a
Link Prop Investment	$36.5M	n/a	n/a
Regala Invest	$34.8M	n/a	n/a
BBI Development	$32.9M	n/a	n/a
IEP Invest	$31.8M	n/a	n/a
Kekrops	$29.6M	n/a	n/a
Libertas	$28.3M	n/a	n/a
RCM Beteiligungs	$27.7M	n/a	n/a
Wise Finance	$27.6M	n/a	n/a
NVL Baltic Farmland	$27.1M	n/a	n/a
Les Constructeurs du bois	$24.5M	0.8x	n/a
Phoenix Capital Holding	$23.8M	n/a	n/a
Verianos	$23.1M	n/a	n/a
Ayco Grupo Inmobiliario	$21.3M	n/a	n/a
Ekopark	$21.1M	n/a	n/a
Fipp	$18.0M	n/a	n/a
Tecma Solutions	$17.8M	1.1x	7.7x
Korporacja Gospodarcza	$15.9M	n/a	n/a
Octava	$15.6M	n/a	n/a
Tayninh	$15.6M	n/a	n/a
TMM Real Estate Dev	$14.5M	n/a	n/a
CI Com	$14.3M	n/a	n/a
Krakowskie Centrum	$13.8M	n/a	n/a
Slottsviken	$13.0M	n/a	n/a
Risanamento	$11.3M	n/a	n/a
Tessin Nordic Holding	$10.1M	3.3x	-5.5x
Lokaty Budowlane	$9.8M	n/a	n/a
Movinn	$8.2M	n/a	n/a
Adomos	$7.7M	n/a	n/a
CPD	$7.4M	n/a	n/a
Real Bulland	$7.1M	n/a	n/a
Cleanbnb	$6.7M	0.3x	4.3x
Dotstay	$6.5M	n/a	n/a
Courtois	$6.3M	n/a	n/a
Elkop Estonia	$6.3M	n/a	n/a
Quart Development	$6.2M	n/a	n/a
Mevim	$6.1M	n/a	n/a
Navstone	$6.0M	n/a	n/a
MEDCAMP	$5.8M	n/a	n/a
Czerwona Torebka	$5.2M	n/a	n/a
Softimat	$4.8M	n/a	n/a
KMC Properties	$4.5M	n/a	n/a
ENA	$4.2M	0.7x	20.3x
Samtrygg Group	$3.8M	n/a	n/a
Trigon Property Dev	$3.0M	n/a	n/a
Partner-Nieruchomosci	$2.4M	n/a	n/a
Tower Investments	$1.3M	n/a	n/a
Compagnie Fonciere	$1.0M	n/a	n/a
Condo Nordic Holding	$0.7M	n/a	n/a
SOHO Development	-$0.8M	n/a	n/a
Instone Real Estate Group	-$23.3M	-0.0x	-0.3x