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	$109B	0.3x	6.6x
Mitsui Fudosan	$65.4B	3.8x	19.2x
Sun Hung Kai Properties	$61.7B	5.9x	15.3x
Vingroup	$56.0B	4.9x	30.3x
Mitsubishi Estate	$52.6B	4.7x	18.9x
D.R. Horton	$51.7B	1.5x	10.6x
China Resources Land	$51.6B	1.3x	7.3x
China Vanke Co	$49.8B	1.3x	-49.3x
Goodman Group	$45.5B	20.9x	24.5x
Poly Real Estate	$44.4B	1.1x	18.4x
Unibail-Rodamco-Westfield	$40.8B	13.0x	15.3x
Sunac China Hldgs	$38.7B	n/a	n/a
China Overseas Land & Investment	$37.3B	1.5x	11.3x
Daiwa House Industry	$37.1B	1.0x	8.9x
Country Garden Hldgs Co	$36.8B	2.0x	-17.8x
Shimao Group Holdings	$34.7B	6.5x	-46.1x
Samsung C&T	$34.4B	1.2x	11.5x
Lennar	$32.0B	0.9x	10.2x
Greenland Holdings Gr	$30.7B	n/a	n/a
Longfor Group Holdings	$29.1B	1.9x	27.7x
Henderson Land	$28.2B	9.5x	27.7x
Vantage Towers	$27.6B	n/a	n/a
PulteGroup	$27.1B	1.6x	8.4x
Sekisui House	$26.5B	1.0x	10.9x
Azrieli Group	$26.5B	28.1x	32.6x
Aldar Properties	$25.9B	3.0x	9.6x
CK Asset Holdings	$24.4B	3.8x	10.5x
Fastighets	$23.6B	15.3x	21.9x
Emaar Properties	$23.2B	1.9x	3.9x
Swiss Prime Site	$22.0B	37.3x	34.9x
Ayala	$20.7B	3.4x	10.3x
CTP	$20.1B	20.3x	24.3x
NVR	$20.1B	2.0x	11.9x
Toll Brothers	$17.4B	1.6x	8.9x
LEG Immobilien	$17.2B	15.7x	21.4x
SM Prime Holdings	$17.1B	6.9x	11.4x
DLF	$16.4B	16.5x	55.4x
Kiler Holding	$16.0B	n/a	n/a
Castellum	$12.5B	11.6x	17.2x
PSP Swiss Property	$12.4B	27.0x	31.3x
Lodha Group	$12.0B	6.7x	22.9x
Sagax	$11.4B	18.8x	21.0x
Emaar Development	$11.4B	1.8x	3.6x
IWG	$10.4B	2.7x	19.3x
Pandox	$10.0B	12.0x	21.1x
NEPI Rockcastle	$9.8B	11.1x	n/a
Skanska	$9.8B	0.5x	9.1x
Howard Hughes Holdings	$8.7B	6.0x	17.9x
Allreal Holding	$8.6B	n/a	n/a
Chandra Daya Investasi	$8.4B	50.1x	180.7x
Taylor Morrison	$8.2B	1.0x	7.0x
GEK Terna	$8.0B	1.7x	11.0x
Jabal Omar Devlopment	$7.6B	n/a	n/a
AFI Properties	$7.5B	n/a	n/a
Barratt Redrow	$7.3B	0.9x	9.0x
Dar Alarkan Real Estate	$7.2B	n/a	n/a
TAG Immobilien	$7.1B	17.7x	21.9x
Fabege	$6.9B	17.7x	25.0x
Wallenstam	$6.8B	19.8x	30.8x
Wihlborgs Fastigheter	$6.8B	14.0x	20.1x
Mega Or Holdings	$6.8B	n/a	n/a
Samhallsbyggnadsbolaget	$6.7B	18.0x	33.7x
CPI Europe	$6.6B	7.0x	13.9x
Kojamo	$6.6B	12.1x	20.6x
Meritage Homes	$6.5B	1.1x	9.5x
Persimmon	$6.5B	1.4x	10.2x
Kennedy-Wilson Holdings	$6.4B	n/a	n/a
Gav-Yam Lands	$6.1B	n/a	n/a
Mobimo Holding	$6.0B	31.8x	19.8x
VGP	$5.8B	69.4x	31.4x
KB Home	$5.7B	0.9x	8.6x
Redefine Properties	$5.6B	10.1x	16.0x
Catena	$5.4B	18.5x	22.6x
Atrium Ljungberg	$5.4B	16.4x	23.9x
Entra	$5.4B	16.7x	19.2x
Berkeley Group	$5.3B	1.6x	8.1x
Taylor Wimpey	$5.3B	1.0x	8.8x
Property & Building Corp	$5.1B	n/a	n/a
Jeudan	$5.1B	n/a	n/a
Dubai Residential	$5.1B	11.3x	13.9x
CA Immobilien Anlagen	$4.8B	16.1x	23.5x
Champion Homes	$4.8B	1.8x	16.0x
Bellway	$4.6B	1.2x	10.6x
St. Joe	$4.5B	n/a	n/a
ISRAEL CANADA	$4.5B	n/a	n/a
Tri Pointe Homes	$4.5B	1.3x	9.0x
Emaar the Economic City	$4.4B	n/a	n/a
Makkah Construction	$4.4B	n/a	n/a
Cavco Industries	$4.4B	2.0x	17.6x
M/I Homes	$4.3B	1.0x	6.7x
Nyfosa	$4.0B	10.1x	14.7x
Hufvudstaden	$3.9B	15.2x	22.5x
GAG Immobilien	$3.8B	n/a	n/a
Green Brick Partners	$3.8B	1.9x	8.2x
Vistry Group	$3.7B	0.6x	7.0x
Deutsche EuroShop	$3.6B	11.1x	14.2x
Dream Finders Homes	$3.6B	0.9x	6.9x
Airport City	$3.6B	n/a	n/a
Century Communities	$3.5B	0.9x	11.8x
Intea Fastigheter	$3.5B	20.1x	25.1x
Sirius Real Estate	$3.4B	13.2x	18.7x
NP3 Fastigheter	$3.4B	13.3x	18.1x
Investis Holding	$3.3B	15.2x	49.2x
Blue Square Real Estate	$3.2B	n/a	n/a
LGI Homes	$3.1B	1.8x	22.7x
Aura Investments	$3.0B	n/a	n/a
Cibus Nordic Real Estate	$3.0B	13.4x	17.0x
Dios Fastigheter	$3.0B	10.5x	15.4x
Citycon	$3.0B	8.8x	13.8x
FastPartner	$3.0B	11.7x	17.3x
Taiba Investments	$2.9B	n/a	n/a
Cyrela Brazil Realty	$2.9B	1.7x	7.2x
Realia Business	$2.8B	n/a	n/a
Azorim Inv Dev	$2.8B	n/a	n/a
Intershop Holding	$2.8B	5.9x	6.3x
HIAG Immobilien Holding	$2.7B	10.4x	n/a
Royal Heijmans	$2.6B	0.8x	9.0x
Platzer Fastigheter Hldg	$2.6B	13.5x	18.2x
Zug Estates Holding	$2.5B	21.1x	17.1x
Growthpoint Properties	$2.5B	11.9x	14.4x
Nexity	$2.5B	0.7x	8.9x
Prashkovsky Investments	$2.5B	n/a	n/a
Public Property Invest	$2.4B	24.3x	29.3x
Lamda Development	$2.4B	2.4x	8.8x
Metrovacesa	$2.4B	2.9x	21.3x
Hyprop Investments	$2.4B	15.0x	n/a
Globe Trade Centre	$2.4B	9.6x	16.1x
Cury Construtora E	$2.4B	2.3x	9.9x
Globalworth Real Est Inv	$2.4B	n/a	n/a
Land Development	$2.3B	n/a	n/a
Swedish Logistic Property	$2.3B	20.4x	24.1x
Branicks Group	$2.3B	14.2x	16.0x
EPIC Suisse	$2.2B	24.3x	31.0x
Sedlmayr Grund	$2.1B	n/a	n/a
Forestar Group	$2.1B	1.3x	10.0x
MRV Engenharia	$2.1B	1.0x	22.0x
Dom Development	$2.1B	2.1x	8.6x
Kvutzat Acro	$2.0B	n/a	n/a
JHSF Participacoes	$1.9B	4.7x	10.9x
Neinor Homes	$1.9B	2.5x	14.7x
Bangun Kosambi Sukses	$1.9B	n/a	n/a
Saudi Real Estate	$1.9B	3.6x	10.3x
Nawi Group	$1.9B	n/a	n/a
Altareit	$1.8B	n/a	n/a
Lighthouse Properties	$1.8B	n/a	n/a
Retal Urban Dev	$1.8B	2.7x	19.3x
Aedas Homes	$1.8B	1.4x	9.8x
Ronesans Gayrimenkul	$1.7B	6.2x	9.3x
Africa Israel Residences	$1.7B	n/a	n/a
C C Land Holdings	$1.7B	n/a	n/a
Stendorren Fastigheter	$1.7B	14.4x	19.9x
Fundamenta Real Estate	$1.7B	18.6x	22.6x
Direcional Engenharia	$1.7B	2.0x	7.8x
Peach Property Gr	$1.7B	9.8x	28.2x
Knowledge Economic City	$1.7B	n/a	n/a
Logistea	$1.6B	13.5x	16.6x
Brinova Fastigheter	$1.6B	n/a	n/a
Pattern Group	$1.6B	0.7x	10.9x
Plazza	$1.6B	n/a	n/a
Gemlife Communities Gr	$1.6B	8.0x	20.4x
Hovnanian Enterprises	$1.6B	0.5x	5.2x
Fastighetsbolaget	$1.5B	14.9x	19.8x
Carasso Real Estate	$1.5B	n/a	n/a
Hagag Group Real Estate	$1.5B	n/a	n/a
Dar Global	$1.5B	3.1x	11.3x
Develia	$1.5B	2.5x	10.5x
Echo Investment	$1.4B	2.7x	21.3x
MLP Group	$1.4B	12.0x	24.4x
MAS	$1.4B	10.6x	11.1x
Warteck Invest	$1.4B	18.2x	23.4x
Adgar Investments & Dev	$1.4B	n/a	n/a
John Mattson	$1.3B	17.7x	27.4x
SF Urban Props	$1.3B	32.3x	n/a
Stenhus Fastigheter i	$1.3B	11.4x	16.0x
ATAL	$1.3B	3.4x	12.9x
Villar International	$1.3B	n/a	n/a
Heba Fastighets	$1.3B	18.5x	27.9x
Novavest Real Estate	$1.2B	22.6x	24.4x
Immobel	$1.2B	2.7x	19.5x
Nivika Fastigheter	$1.2B	14.9x	20.7x
Fonciere Inea	$1.2B	12.8x	19.1x
Fastighets AB Trianon	$1.2B	13.1x	22.4x
Eastnine	$1.1B	15.3x	17.8x
Attacq Limited	$1.1B	10.4x	n/a
Gateway Real Estate	$1.1B	n/a	n/a
One United Properties	$1.1B	3.1x	9.5x
Neobo Fastigheter	$1.1B	10.2x	21.3x
Archicom	$1.1B	3.1x	16.1x
Patrizia	$1.0B	3.1x	15.2x
Varia US Properties	$973M	n/a	n/a
BASSAC	$963M	n/a	n/a
Harworth Group	$959M	5.7x	18.7x
Aspen Group	$936M	12.6x	28.6x
Arriyadh Development	$918M	8.1x	8.5x
Genova Property Group	$910M	15.8x	25.5x
Atenor	$908M	3.9x	21.5x
EZ TEC Empreendimentos	$850M	2.7x	10.2x
KlaraBo Sverige	$842M	13.2x	21.1x
Socovesa	$839M	n/a	n/a
Dap Gayrimenkul	$823M	n/a	n/a
Construtora Tenda	$819M	1.0x	7.1x
Prisma Properties	$819M	14.1x	20.0x
Peet	$816M	2.4x	11.5x
Lifestyle Communities	$813M	5.4x	17.9x
EPH European Property	$725M	n/a	n/a
Fiducial Real Estate	$694M	n/a	n/a
Cavatina Holding	$686M	n/a	n/a
Alandalus Property	$658M	n/a	n/a
Plano & Plano	$649M	1.1x	6.2x
Polski Holding	$643M	n/a	n/a
Selvaag Bolig	$637M	2.9x	52.1x
DEMIRE Deutsche	$631M	9.6x	19.6x
Inmobiliaria del Sur	$629M	2.0x	10.0x
Transcontinental Realty	$605M	n/a	n/a
Noval Prop Real Est Inv	$599M	13.4x	21.6x
Premia Real Estate	$596M	16.0x	21.3x
Besqab	$584M	1.9x	21.8x
Cedar Woods Properties	$568M	1.7x	10.0x
Shopper Park Plus	$564M	n/a	n/a
Ladun Inv	$550M	n/a	n/a
Tejon Ranch	$524M	12.4x	n/a
FRP Holdings	$510M	n/a	n/a
Arlandastad Group	$497M	13.1x	-113.7x
Helical	$496M	21.4x	30.8x
K2A Knaust & Andersson	$489M	14.4x	n/a
Prime Office	$474M	n/a	n/a
Consultatio	$465M	n/a	n/a
Dinkelacker	$451M	n/a	n/a
FCR Immobilien	$439M	10.4x	17.9x
Fortinova Fastigheter	$437M	n/a	n/a
American Realty Investors	$436M	n/a	n/a
STINAG Stuttgart Invest	$433M	n/a	n/a
Avrupakent Gayrimenkul	$431M	2.9x	6.7x
EfTEN Real Estate Fund	$430M	n/a	n/a
Winton Land	$417M	3.8x	19.5x
UBM Development	$411M	2.5x	38.6x
Annehem Fastigheter	$411M	n/a	n/a
Five Point Hldgs	$402M	n/a	n/a
Stratus Properties	$399M	n/a	n/a
Sumou Real Estate	$397M	n/a	n/a
Deutsche Fachmarkt	$396M	13.1x	16.3x
Servicios Corporativos	$370M	n/a	n/a
Titania Holding	$368M	36.5x	121.5x
Even Construtora	$366M	0.9x	5.9x
Dimand Real Estate Dev	$361M	5.4x	11.6x
Inclusio	$358M	18.8x	23.7x
CBo Territoria	$339M	n/a	n/a
Maui Land & Pineapple Co	$329M	n/a	n/a
ALM Equity	$327M	2.6x	-27.7x
Seritage Growth Props	$322M	n/a	n/a
Consorcio Ara	$310M	0.7x	4.9x
Gafisa	$306M	n/a	n/a
Star Hldgs	$302M	n/a	n/a
Compania Espanola de	$298M	9.8x	14.3x
AGROB Immobilien	$286M	n/a	n/a
Park Street	$283M	n/a	n/a
Zublin Immobilien Holding	$279M	n/a	n/a
Balwin Properties	$279M	2.0x	11.5x
Spear REIT	$271M	8.7x	n/a
Abitare In	$268M	2.2x	17.5x
Aktiebolaget Fastator	$266M	n/a	n/a
Asuntosalkku	$266M	n/a	n/a
Tingsvalvet Fastighets	$259M	n/a	n/a
United Homes Gr	$254M	n/a	n/a
Springfield Properties	$246M	0.7x	8.0x
Graphisoft Park	$242M	11.5x	7.5x
Smith Douglas Homes	$235M	0.2x	3.5x
Mig Holdings	$225M	n/a	n/a
Mofast	$221M	n/a	n/a
Deutsche Real Estate	$217M	n/a	n/a
Inmobiliaria Manquehue	$213M	n/a	n/a
Fast Ejendom Danmark	$211M	n/a	n/a
ITC Properties Gr	$206M	n/a	n/a
Warimpex Finanz-und	$204M	9.0x	149.0x
Doxa	$196M	n/a	n/a
Marvipol Development	$194M	1.3x	6.7x
Fonciere Volta	$193M	n/a	n/a
Artea	$190M	n/a	n/a
Texaf	$187M	n/a	n/a
Pandora Investments	$185M	n/a	n/a
Corpovael	$185M	n/a	n/a
Mitre Realty	$182M	0.8x	4.4x
DH Group	$178M	1.2x	7.8x
Appeninn Vagyonkezelo	$176M	n/a	n/a
EgnsInvest Ejd Tyskland	$170M	n/a	n/a
Roadside Real Estate	$165M	n/a	n/a
Lokum Deweloper	$160M	4.7x	9.3x
Brioschi	$159M	n/a	n/a
Impact Developer	$158M	1.8x	5.8x
Finbar Group	$155M	0.8x	10.2x
Tian An Australia	$155M	n/a	n/a
Velgraf Asset Management	$151M	n/a	n/a
Banimmo	$150M	n/a	n/a
Toivo Gr	$150M	2.3x	15.9x
Amhult 2	$146M	n/a	n/a
Inpro	$143M	n/a	n/a
Alphaville	$139M	n/a	n/a
Hasen-Immobilien	$138M	n/a	n/a
Copenhagen Capital	$136M	n/a	n/a
Orilina Properties Real	$134M	n/a	n/a
Preservium Property	$133M	n/a	n/a
Crosswood	$131M	n/a	n/a
New Amsterdam Invest	$130M	n/a	n/a
Krona Public Real Estate	$129M	n/a	n/a
Kalleback Property Invest	$127M	n/a	n/a
Biggeorge Property	$125M	n/a	n/a
InCity Immobilien	$123M	n/a	n/a
Plaza Centers	$121M	n/a	n/a
Tecnisa	$120M	n/a	n/a
TRX Real Estate	$116M	n/a	n/a
Pro Kapital Grupp	$116M	n/a	n/a
CDL Inv New Zealand	$115M	n/a	n/a
Baltic Sea Properties	$115M	n/a	n/a
Real Fastigheter	$113M	n/a	n/a
Solnaberg Property	$107M	n/a	n/a
KD	$105M	n/a	n/a
Swiss Properties Invest	$104M	n/a	n/a
Calgro M3 Holdings	$101M	1.7x	8.1x
Santa Ana Global	$100M	n/a	n/a
Instone Real Estate Group	$98.5M	0.2x	1.2x
Sonagi SGPS	$98.3M	n/a	n/a
Comstock Holding Co	$95.5M	n/a	n/a
Rank Progress	$95.2M	n/a	n/a
Agat Ejendomme	$93.8M	n/a	n/a
Fleming Properties	$92.4M	n/a	n/a
Beno Holding	$90.2M	n/a	n/a
Crown Energy	$86.6M	n/a	n/a
Lead Real Estate Co	$85.3M	n/a	n/a
Stradim Espace Finances	$81.5M	n/a	n/a
Amrep	$81.1M	1.5x	5.9x
Hepsor	$80.8M	n/a	n/a
Gabetti Property Solns	$80.8M	0.5x	7.2x
TTL Beteiligungs- und	$78.1M	n/a	n/a
Balkan and Sea	$77.0M	n/a	n/a
German High Street Props	$74.7M	n/a	n/a
Bonasudden Holding	$74.4M	n/a	n/a
Libertas	$74.0M	3.1x	12.2x
Arco Vara	$74.0M	n/a	n/a
Acrinova	$72.2M	n/a	n/a
Rebirth	$71.0M	n/a	n/a
AKKO Invest	$70.1M	n/a	n/a
K+G Complex	$69.4M	n/a	n/a
Aquaticus Real Estate	$61.9M	n/a	n/a
Techo Hogar SOCIMI	$57.3M	n/a	n/a
Galata Investment	$55.2M	n/a	n/a
INVL Baltic Real Est	$51.2M	n/a	n/a
Kekrops	$47.5M	n/a	n/a
Alpha Real Estate	$45.3M	n/a	n/a
Investors House	$43.9M	4.4x	9.3x
Wikana	$42.9M	n/a	n/a
Latvian Forest	$42.5M	n/a	n/a
Cemat	$40.8M	n/a	n/a
Noratis	$40.2M	0.9x	8.4x
Nyesa Valores	$40.0M	n/a	n/a
Ovaro Kiinteistosijoitus	$38.9M	n/a	n/a
BBI Development	$36.2M	n/a	n/a
Renta Corporacion Real	$33.5M	n/a	n/a
RCM Beteiligungs	$31.4M	n/a	n/a
IEP Invest	$29.3M	n/a	n/a
Accentis	$27.7M	n/a	n/a
Les Constructeurs du bois	$27.4M	0.9x	n/a
Ekopark	$25.1M	n/a	n/a
NVL Baltic Farmland	$24.8M	n/a	n/a
Verianos	$24.5M	n/a	n/a
Wise Finance	$23.8M	n/a	n/a
Ayco Grupo Inmobiliario	$22.6M	n/a	n/a
Krakowskie Centrum	$22.3M	n/a	n/a
Phoenix Capital Holding	$19.3M	n/a	n/a
Tecma Solutions	$19.1M	1.2x	10.7x
Kopaonik a.d	$18.6M	n/a	n/a
Korporacja Gospodarcza	$18.4M	n/a	n/a
Regala Invest	$17.8M	n/a	n/a
Fipp	$17.7M	n/a	n/a
Lokaty Budowlane	$16.2M	n/a	n/a
Multihome	$15.5M	n/a	n/a
Risanamento	$15.2M	n/a	n/a
TMM Real Estate Dev	$14.1M	n/a	n/a
Octava	$13.0M	n/a	n/a
Slottsviken	$12.0M	n/a	n/a
Dotstay	$11.2M	n/a	n/a
Czerwona Torebka	$10.6M	n/a	n/a
Quart Development	$9.2M	n/a	n/a
Courtois	$9.1M	n/a	n/a
Adomos	$8.4M	n/a	n/a
Movinn	$6.8M	n/a	n/a
ENA	$6.7M	1.1x	-17.8x
Navstone	$6.1M	n/a	n/a
CPD	$5.6M	n/a	n/a
Elkop Estonia	$5.2M	n/a	n/a
MEDCAMP	$5.0M	n/a	n/a
Bolkan Property	$5.0M	n/a	n/a
Partner-Nieruchomosci	$5.0M	n/a	n/a
Real Bulland	$4.0M	n/a	n/a
RomReal	$3.9M	n/a	n/a
Trigon Property Dev	$3.0M	n/a	n/a
Compagnie Fonciere	$2.8M	n/a	n/a
SOHO Development	$2.6M	n/a	n/a
Softimat	$2.2M	n/a	n/a
KMC Properties	$2.2M	n/a	n/a
Cleanbnb	$2.1M	0.1x	2.9x
Tower Investments	$1.6M	n/a	n/a
Mevim	$1.2M	n/a	n/a