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	6.6x
Mitsui Fudosan	$59.1B	3.3x	16.7x
D.R. Horton	$55.9B	1.6x	11.1x
China Vanke Co	$52.5B	1.3x	-34.1x
China Resources Land	$52.1B	1.3x	7.1x
Sun Hung Kai Properties	$47.6B	4.5x	11.7x
Goodman Group	$46.5B	28.1x	28.4x
Mitsubishi Estate	$42.9B	3.8x	14.9x
Poly Real Estate	$42.8B	1.1x	14.8x
Unibail-Rodamco-Westfield	$40.1B	14.0x	15.4x
Daiwa House Industry	$38.0B	1.0x	8.7x
Sunac China Hldgs	$37.6B	4.2x	-87.0x
China Overseas Land & Investment	$37.4B	1.5x	10.9x
Lennar	$37.2B	1.1x	9.7x
Country Garden Hldgs Co	$36.7B	1.5x	-17.1x
Shimao Group Holdings	$33.9B	4.7x	-23.9x
Greenland Holdings Gr	$30.7B	0.9x	n/a
Longfor Group Holdings	$30.3B	1.8x	21.6x
Vantage Towers	$27.2B	n/a	n/a
PulteGroup	$26.7B	1.6x	7.7x
Vingroup	$26.6B	2.7x	19.4x
Sekisui House	$25.7B	0.9x	9.9x
Henderson Land	$25.5B	7.8x	24.0x
Fastighets	$22.8B	15.8x	22.2x
NVR	$21.9B	2.1x	12.4x
Aldar Properties	$21.9B	2.8x	8.8x
Samsung C&T	$21.9B	0.7x	7.6x
DLF	$21.5B	22.0x	73.3x
Ayala	$20.4B	3.4x	10.8x
Emaar Properties	$20.3B	1.8x	3.7x
CK Asset Holdings	$20.3B	2.9x	9.3x
CTP	$18.8B	20.7x	24.2x
SM Prime Holdings	$18.7B	7.5x	12.5x
Azrieli Group	$18.3B	20.4x	n/a
Swiss Prime Site	$18.0B	29.0x	30.5x
LEG Immobilien	$17.3B	16.4x	23.6x
Toll Brothers	$15.8B	1.5x	7.9x
Lodha Group	$14.2B	8.2x	28.0x
Castellum	$11.8B	11.4x	16.8x
Sagax	$11.6B	20.5x	22.5x
Chandra Daya Investasi	$11.3B	n/a	n/a
PSP Swiss Property	$10.3B	23.4x	25.9x
IWG	$9.9B	2.6x	18.2x
Taylor Morrison	$8.8B	1.1x	7.3x
Howard Hughes Holdings	$8.6B	5.7x	17.6x
NEPI Rockcastle	$8.6B	12.6x	13.4x
Skanska	$8.3B	0.4x	7.8x
Jabal Omar Devlopment	$8.0B	n/a	n/a
Pandox	$7.7B	9.9x	17.8x
Allreal Holding	$7.2B	22.7x	23.3x
Kojamo	$7.1B	13.3x	22.7x
CPI Europe	$6.9B	7.3x	n/a
Emaar Development	$6.8B	1.2x	2.4x
TAG Immobilien	$6.7B	16.8x	21.4x
GEK Terna	$6.6B	1.6x	10.3x
Wallenstam	$6.6B	20.2x	31.9x
Wihlborgs Fastigheter	$6.6B	14.3x	20.5x
Barratt Redrow	$6.5B	0.8x	8.3x
Samhallsbyggnadsbolaget	$6.4B	18.2x	39.1x
Fabege	$6.4B	17.4x	24.9x
Meritage Homes	$6.4B	1.0x	7.7x
Kennedy-Wilson Holdings	$6.3B	15.2x	n/a
Dar Alarkan Real Estate	$6.1B	5.8x	15.6x
KB Home	$6.0B	0.9x	8.1x
AFI Properties	$6.0B	n/a	n/a
Entra	$5.3B	17.2x	19.9x
VGP	$5.2B	39.8x	23.8x
Jeudan	$5.2B	n/a	n/a
Mobimo Holding	$5.1B	21.8x	23.6x
Atrium Ljungberg	$5.0B	15.9x	23.3x
Gav-Yam Lands	$5.0B	n/a	n/a
Olav Thon	$5.0B	11.1x	15.5x
CA Immobilien Anlagen	$4.6B	15.2x	22.9x
Persimmon	$4.6B	1.0x	7.5x
Catena	$4.5B	17.0x	20.9x
Property & Building Corp	$4.5B	n/a	n/a
Berkeley Group	$4.3B	1.3x	6.6x
Taylor Wimpey	$4.3B	0.9x	7.2x
M/I Homes	$4.2B	0.9x	6.2x
Dream Finders Homes	$4.2B	0.9x	7.4x
Nyfosa	$4.1B	10.8x	15.7x
Cavco Industries	$4.0B	1.9x	17.8x
Champion Homes	$3.9B	1.5x	13.7x
Emaar the Economic City	$3.8B	n/a	n/a
Hufvudstaden	$3.8B	15.8x	23.4x
GAG Immobilien	$3.7B	n/a	n/a
Bellway	$3.7B	1.0x	8.9x
Makkah Construction	$3.6B	n/a	n/a
Kiler Hldg	$3.6B	n/a	n/a
Tri Pointe Homes	$3.5B	1.0x	6.3x
St. Joe	$3.5B	n/a	n/a
Century Communities	$3.5B	0.9x	9.8x
Deutsche EuroShop	$3.4B	10.6x	13.7x
Green Brick Partners	$3.4B	1.7x	6.4x
ISRAEL CANADA	$3.3B	n/a	n/a
Airport City	$3.3B	n/a	n/a
Taiba Investments	$3.2B	n/a	n/a
Vistry Group	$3.2B	0.6x	6.4x
Intea Fastigheter	$3.2B	20.5x	25.9x
Mega Or Holdings	$3.1B	n/a	n/a
LGI Homes	$3.1B	1.6x	16.6x
NP3 Fastigheter	$3.0B	13.2x	18.1x
Cibus Nordic Real Estate	$3.0B	15.1x	19.1x
FastPartner	$3.0B	12.2x	18.0x
Dios Fastigheter	$2.9B	10.5x	15.6x
Sirius Real Estate	$2.9B	12.4x	16.6x
Citycon	$2.8B	8.4x	13.0x
Investis Holding	$2.8B	8.5x	15.4x
Cyrela Brazil Realty	$2.7B	1.7x	7.7x
Realia Business	$2.5B	n/a	n/a
Nexity	$2.5B	0.7x	11.7x
Branicks Group	$2.5B	14.7x	16.8x
Blue Square Real Estate	$2.5B	n/a	n/a
Intershop Holding	$2.5B	9.5x	10.5x
Globe Trade Centre	$2.5B	10.3x	17.5x
Aura Investments	$2.5B	n/a	n/a
Platzer Fastigheter Hldg	$2.5B	13.5x	18.2x
HIAG Immobilien Holding	$2.4B	15.2x	21.0x
Lamda Development	$2.4B	3.1x	11.0x
Globalworth Real Est Inv	$2.4B	n/a	n/a
Metrovacesa	$2.3B	2.9x	22.5x
Sedlmayr Grund	$2.2B	n/a	n/a
Zug Estates Holding	$2.2B	15.1x	16.4x
Azorim Inv Dev	$2.2B	n/a	n/a
Saudi Real Est	$2.1B	3.5x	12.5x
Land Development	$2.1B	n/a	n/a
Forestar Group	$2.1B	1.3x	10.6x
Swedish Logistic Property	$2.0B	20.2x	24.1x
Royal Heijmans	$1.9B	0.6x	7.1x
EPIC Suisse	$1.9B	22.8x	20.1x
Retal Urban Dev	$1.9B	2.8x	17.0x
Bangun Kosambi Sukses	$1.9B	13.6x	n/a
Prashkovsky Investments	$1.8B	n/a	n/a
Cury Construtora E	$1.8B	1.9x	8.9x
Altareit	$1.8B	n/a	n/a
Hovnanian Enterprises	$1.8B	0.6x	n/a
Kvutzat Acro	$1.8B	n/a	n/a
MRV Engenharia	$1.8B	1.0x	10.2x
C C Land Holdings	$1.7B	n/a	n/a
Peach Property Gr	$1.7B	12.5x	26.8x
Dom Development	$1.7B	1.7x	7.5x
Ronesans Gayrimenkul	$1.6B	5.8x	8.6x
Arriyadh Development	$1.6B	18.9x	n/a
Nawi Group	$1.6B	n/a	n/a
Lighthouse Properties	$1.6B	n/a	n/a
Logistea	$1.6B	15.5x	19.4x
Brinova Fastigheter	$1.6B	27.0x	n/a
Knowledge Economic City	$1.6B	n/a	n/a
Stendorren Fastigheter	$1.5B	14.3x	19.8x
Neinor Homes	$1.5B	2.1x	11.7x
Fundamenta Real Estate	$1.5B	18.1x	22.2x
Dar Global	$1.5B	6.2x	50.2x
Direcional Engenharia	$1.5B	1.9x	7.8x
Public Property Invest	$1.5B	16.7x	20.5x
Echo Investment	$1.5B	3.5x	31.7x
Aedas Homes	$1.4B	1.1x	7.3x
Plazza	$1.4B	30.4x	18.7x
Hagag Group Real Estate	$1.4B	n/a	n/a
Gemlife Communities Gr	$1.3B	n/a	n/a
Warteck Invest	$1.3B	19.0x	24.8x
Adgar Investments & Dev	$1.3B	n/a	n/a
JHSF Participacoes	$1.3B	3.6x	8.7x
Africa Israel Residences	$1.3B	n/a	n/a
BASSAC	$1.3B	n/a	n/a
John Mattson	$1.3B	17.8x	27.6x
MAS	$1.3B	11.5x	11.1x
Immobel	$1.3B	2.7x	24.8x
Heba Fastighets	$1.2B	19.6x	29.6x
MLP Group	$1.2B	10.9x	22.0x
SF Urban Props	$1.2B	33.3x	27.1x
Fastighetsbolaget	$1.2B	13.6x	18.2x
Gateway Real Estate	$1.2B	n/a	n/a
Dap Gayrimenkul	$1.2B	n/a	n/a
Carasso Real Estate	$1.2B	n/a	n/a
Stenhus Fastigheter i	$1.2B	10.8x	n/a
Fonciere Inea	$1.1B	12.6x	n/a
Novavest Real Estate	$1.1B	21.6x	25.4x
Develia	$1.1B	2.0x	8.7x
Fastighets AB Trianon	$1.1B	13.3x	22.4x
ATAL	$1.1B	2.5x	10.9x
Villar International	$1.1B	n/a	n/a
Nivika Fastigheter	$1.1B	14.4x	19.9x
Eastnine	$1.1B	16.1x	18.8x
Smith Douglas Homes	$1.0B	1.1x	12.0x
Neobo Fastigheter	$1000M	10.1x	21.5x
Harworth Gr	$988M	8.1x	24.7x
Archicom	$969M	3.5x	17.3x
Varia US Properties	$960M	8.4x	20.1x
Patrizia	$935M	2.9x	15.9x
Atenor	$922M	3.3x	19.1x
One United Properties	$894M	2.5x	8.3x
Genova Property Group	$840M	15.2x	23.9x
EPH European Property	$837M	n/a	n/a
KlaraBo Sverige	$825M	13.9x	22.6x
Lifestyle Communities	$779M	5.4x	17.7x
EZ TEC Empreendimentos	$742M	2.5x	11.6x
Plano & Plano	$711M	1.2x	7.0x
Alandalus Property	$708M	n/a	n/a
Aspen Group	$707M	9.6x	25.2x
Peet	$704M	2.5x	12.3x
Construtora Tenda	$699M	1.0x	6.8x
Prisma Properties	$695M	13.4x	18.9x
Socovesa	$686M	n/a	n/a
Fiducial Real Estate	$683M	n/a	n/a
Polski Holding	$627M	n/a	n/a
Selvaag Bolig	$627M	3.1x	41.3x
Cavatina Holding	$623M	n/a	n/a
DEMIRE Deutsche	$618M	9.6x	21.6x
Instone Real Estate Group	$617M	1.0x	7.6x
Ladun Inv	$585M	n/a	n/a
Noval Prop Real Est Inv	$557M	13.1x	21.1x
Premia Real Estate	$545M	24.3x	33.1x
Inmobiliaria del Sur	$543M	1.9x	9.9x
Transcontinental Realty	$533M	n/a	n/a
Avrupakent Gayrimenkul	$528M	3.3x	4.7x
Five Point Hldgs	$519M	n/a	n/a
Sumou Real Estate	$509M	n/a	n/a
Tejon Ranch	$504M	12.0x	n/a
FRP Holdings	$502M	n/a	n/a
Helical	$483M	21.3x	29.3x
K2A Knaust & Andersson	$482M	13.2x	26.5x
Dinkelacker	$465M	n/a	n/a
FCR Immobilien	$430M	9.0x	16.9x
Prime Office	$428M	n/a	n/a
UBM Development	$424M	2.0x	25.8x
EfTEN Real Estate Fund	$423M	n/a	n/a
Noratis	$418M	7.5x	74.3x
STINAG Stuttgart Invest	$414M	12.3x	18.7x
Shopper Park Plus	$414M	n/a	n/a
Annehem Fastigheter	$411M	11.3x	19.7x
American Realty Investors	$405M	n/a	n/a
Fortinova Fastigheter	$404M	n/a	n/a
Deutsche Fachmarkt	$389M	13.1x	16.9x
Besqab	$379M	1.4x	18.4x
Maui Land & Pineapple Co	$379M	n/a	n/a
Seritage Growth Props	$357M	n/a	n/a
Consultatio	$353M	n/a	n/a
Inclusio	$351M	19.7x	n/a
United Homes Gr	$336M	n/a	n/a
Even Construtora	$324M	0.8x	5.7x
Gafisa	$322M	n/a	n/a
Stratus Properties	$318M	n/a	n/a
CBo Territoria	$313M	n/a	n/a
Titania Holding	$312M	33.0x	52.2x
Star Hldgs	$308M	n/a	n/a
ALM Equity	$304M	1.5x	-15.2x
Compania Espanola de	$300M	n/a	n/a
Zublin Immobilien Holding	$292M	n/a	n/a
AGROB Immobilien	$288M	n/a	n/a
Park Street	$273M	n/a	n/a
Servicios Corporativos	$270M	n/a	n/a
Asuntosalkku	$265M	12.1x	45.5x
Dimand Real Estate Dev	$256M	n/a	n/a
Aktiebolaget Fastator	$253M	7.4x	n/a
Velgraf Asset Management	$252M	n/a	n/a
Mig Holdings	$249M	n/a	n/a
Doxa	$240M	n/a	n/a
Abitare In	$236M	1.8x	10.5x
Consorcio Ara	$230M	0.6x	3.9x
Tingsvalvet Fastighets	$228M	n/a	n/a
Arlandastad Group	$224M	6.3x	-39.3x
Graphisoft Park	$222M	n/a	n/a
Mofast	$211M	n/a	n/a
Fonciere Volta	$208M	n/a	n/a
Artea	$207M	n/a	n/a
Acrinova	$199M	n/a	n/a
Warimpex Finanz-und	$198M	8.1x	110.9x
Springfield Properties	$188M	0.5x	5.5x
Inmobiliaria Manquehue	$183M	n/a	n/a
Texaf	$177M	n/a	n/a
Fast Ejendom Danmark	$176M	n/a	n/a
EgnsInvest Ejd Tyskland	$173M	n/a	n/a
Marvipol Development	$169M	1.3x	8.4x
Mitre Realty	$167M	0.7x	4.7x
Pandora Investments	$163M	n/a	n/a
Appeninn Vagyonkezelo	$163M	n/a	n/a
Impact Developer	$160M	n/a	n/a
Deutsche Real Estate	$156M	n/a	n/a
Alphaville	$155M	1.1x	5.9x
Corpovael	$154M	0.6x	3.8x
Banimmo	$151M	3.1x	9.0x
Brioschi	$145M	n/a	n/a
Toivo Gr	$145M	2.5x	16.9x
Amhult 2	$141M	n/a	n/a
Hasen-Immobilien	$139M	n/a	n/a
ITC Properties Gr	$138M	n/a	n/a
Roadside Real Estate	$136M	n/a	n/a
Pro Kapital Grupp	$134M	n/a	n/a
Copenhagen Capital	$134M	n/a	n/a
Duna House Holding	$132M	1.1x	6.5x
Comstock Holding Co	$130M	n/a	n/a
New Amsterdam Invest	$129M	n/a	n/a
Lead Real Estate Co	$129M	n/a	n/a
Crosswood	$126M	n/a	n/a
Orilina Properties Real	$124M	n/a	n/a
Kalleback Property Invest	$123M	n/a	n/a
Preservium Property	$122M	n/a	n/a
InCity Immobilien	$121M	n/a	n/a
Plaza Centers	$118M	n/a	n/a
Inpro	$118M	n/a	n/a
Lokum Deweloper	$118M	2.6x	6.7x
Biggeorge Property	$118M	n/a	n/a
Baltic Sea Properties	$117M	n/a	n/a
Tecnisa	$115M	1.6x	62.3x
RNI Negocios Imobiliarios	$109M	n/a	n/a
Galata Investment	$106M	n/a	n/a
Solnaberg Property	$105M	n/a	n/a
Real Fastigheter	$105M	n/a	n/a
Krona Public Real Estate	$103M	n/a	n/a
Santa Ana Global	$103M	n/a	n/a
Swiss Properties Invest	$103M	n/a	n/a
KD	$101M	n/a	n/a
TRX Real Estate	$99.7M	n/a	n/a
Backaheden Fastighets	$99.0M	n/a	n/a
Sonagi SGPS	$96.9M	n/a	n/a
Agat Ejendomme	$93.3M	n/a	n/a
Beno Holding	$92.4M	n/a	n/a
Rank Progress	$90.7M	n/a	n/a
Gabetti Property Solns	$90.7M	0.5x	4.3x
Fleming Properties	$90.2M	n/a	n/a
Amrep	$84.3M	1.5x	6.5x
Hepsor	$77.9M	n/a	n/a
Arco Vara	$73.8M	n/a	n/a
K+G Complex	$71.9M	n/a	n/a
Crown Energy	$70.4M	n/a	n/a
Rebirth	$70.0M	n/a	n/a
Stradim Espace Finances	$66.5M	n/a	n/a
Coreo	$66.4M	n/a	n/a
German High Street Props	$65.4M	n/a	n/a
AKKO Invest	$65.4M	n/a	n/a
TTL Beteiligungs- und	$64.4M	n/a	n/a
Nyesa Valores	$63.5M	n/a	n/a
Bonasudden Holding	$61.5M	n/a	n/a
Aquaticus Real Estate	$59.3M	n/a	n/a
Libertas	$55.5M	n/a	n/a
Alpha Real Estate	$52.8M	n/a	n/a
Kekrops	$51.5M	n/a	n/a
INVL Baltic Real Est	$46.3M	n/a	n/a
Multihome	$45.6M	n/a	n/a
Wikana	$43.1M	n/a	n/a
Cemat	$42.7M	n/a	n/a
Techo Hogar SOCIMI	$41.6M	n/a	n/a
Latvian Forest	$38.2M	n/a	n/a
Link Prop Investment	$37.6M	n/a	n/a
Ovaro Kiinteistosijoitus	$36.9M	7.0x	8.5x
Regala Invest	$36.3M	n/a	n/a
BBI Development	$34.7M	n/a	n/a
RCM Beteiligungs	$32.1M	n/a	n/a
Les Constructeurs du bois	$30.2M	1.1x	n/a
Renta Corporacion Real	$30.2M	n/a	n/a
IEP Invest	$29.9M	n/a	n/a
Investors House	$26.6M	2.6x	4.2x
Tayninh	$26.6M	n/a	n/a
Accentis	$25.8M	n/a	n/a
Tecma Solutions	$25.2M	1.5x	11.3x
Phoenix Capital Holding	$25.1M	n/a	n/a
NVL Baltic Farmland	$24.8M	n/a	n/a
Ekopark	$24.5M	n/a	n/a
Verianos	$24.1M	n/a	n/a
Ayco Grupo Inmobiliario	$22.3M	n/a	n/a
Wise Finance	$22.2M	n/a	n/a
Krakowskie Centrum	$21.1M	n/a	n/a
Lokaty Budowlane	$16.1M	n/a	n/a
Risanamento	$16.0M	n/a	n/a
Octava	$15.7M	n/a	n/a
Fipp	$15.6M	n/a	n/a
Korporacja Gospodarcza	$14.7M	n/a	n/a
CI Com	$14.6M	n/a	n/a
Slottsviken	$13.7M	n/a	n/a
Czerwona Torebka	$11.8M	n/a	n/a
TMM Real Estate Dev	$10.9M	n/a	n/a
Tessin Nordic Holding	$9.3M	3.6x	-3.3x
Quart Development	$8.9M	n/a	n/a
CPD	$8.1M	n/a	n/a
Adomos	$8.0M	n/a	n/a
Dotstay	$7.9M	n/a	n/a
Courtois	$7.6M	n/a	n/a
Real Bulland	$7.2M	n/a	n/a
Cleanbnb	$6.7M	0.3x	5.7x
Navstone	$6.5M	n/a	n/a
Movinn	$6.4M	n/a	n/a
Elkop Estonia	$5.8M	n/a	n/a
MEDCAMP	$5.3M	n/a	n/a
ENA	$5.1M	0.9x	7.5x
Compagnie Fonciere	$3.9M	n/a	n/a
Softimat	$3.7M	n/a	n/a
Trigon Property Dev	$3.3M	n/a	n/a
KMC Properties	$2.8M	n/a	n/a
Mevim	$2.5M	n/a	n/a
Samtrygg Group	$2.0M	n/a	n/a
Partner-Nieruchomosci	$1.9M	n/a	n/a
SOHO Development	$1.8M	n/a	n/a
Tower Investments	$1.6M	n/a	n/a
Condo Nordic Holding	$0.5M	n/a	n/a