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 Construction	$111B	0.4x	6.9x
Mitsui Fudosan	$57.1B	3.1x	15.9x
Goodman Group	$49.5B	25.9x	31.3x
Sun Hung Kai Properties	$48.1B	4.3x	11.8x
D.R. Horton	$45.8B	1.3x	8.8x
Poly Real Estate	$44.2B	1.1x	13.5x
China Resources Land	$42.4B	1.1x	5.8x
Unibail-Rodamco-Westfield	$39.9B	14.8x	15.5x
Mitsubishi Estate	$38.0B	3.4x	13.1x
Daiwa House Industry	$35.8B	0.9x	7.9x
China Overseas Land & Investment	$35.8B	1.4x	10.2x
Vantage Towers	$27.4B	n/a	n/a
Sekisui House	$26.2B	0.9x	9.9x
Henderson Land	$26.1B	7.9x	24.2x
DLF	$23.1B	23.8x	82.7x
Fastighets	$23.0B	16.4x	22.8x
Ayala	$21.8B	3.7x	18.9x
Aldar Properties	$20.3B	2.7x	8.9x
Emaar Properties	$19.3B	1.8x	3.5x
Swiss Prime Site	$18.8B	30.9x	31.2x
CTP	$18.5B	21.4x	24.5x
CK Asset Holdings	$18.5B	2.9x	8.7x
SM Prime Holdings	$18.3B	7.3x	12.3x
LEG Immobilien	$17.8B	17.0x	24.6x
Lodha Group	$16.3B	9.5x	33.2x
Toll Brothers	$14.1B	1.3x	6.7x
Castellum	$12.4B	12.0x	17.6x
Sagax	$11.8B	n/a	n/a
PSP Swiss Property	$11.0B	24.7x	28.2x
IWG	$9.8B	2.4x	15.7x
NEPI Rockcastle	$8.5B	12.6x	13.5x
Taylor Morrison	$8.3B	1.0x	6.6x
Barratt Redrow	$7.9B	1.0x	9.9x
Pandox	$7.3B	9.5x	17.2x
Kojamo	$7.3B	13.6x	23.2x
Allreal Holding	$7.3B	27.4x	24.1x
Skanska	$7.2B	0.4x	7.0x
CPI Europe	$7.0B	n/a	n/a
Wallenstam	$6.8B	n/a	n/a
TAG Immobilien	$6.7B	16.3x	21.6x
Samhallsbyggnadsbolaget	$6.6B	n/a	n/a
Fabege	$6.5B	17.7x	25.4x
Emaar Development	$6.5B	1.1x	2.3x
Wihlborgs Fastigheter	$6.4B	14.2x	20.5x
GEK Terna	$6.3B	1.5x	10.9x
Entra	$5.5B	17.3x	19.9x
KB Home	$5.4B	0.8x	6.7x
Jeudan	$5.2B	n/a	n/a
Olav Thon	$5.1B	11.4x	15.8x
Atrium Ljungberg	$5.0B	n/a	n/a
Mobimo Holding	$5.0B	21.1x	24.7x
Persimmon	$5.0B	1.1x	8.1x
Catena	$4.8B	19.0x	23.5x
Taylor Wimpey	$4.8B	1.0x	7.9x
CA Immobilien Anlagen	$4.7B	15.8x	23.0x
VGP	$4.6B	20.3x	23.1x
Berkeley Group	$4.4B	1.3x	6.5x
Nyfosa	$4.3B	11.4x	16.6x
Bellway	$4.3B	1.1x	10.5x
Dream Finders Homes	$3.9B	0.8x	6.2x
GAG Immobilien	$3.8B	n/a	n/a
Hufvudstaden	$3.7B	n/a	n/a
Deutsche EuroShop	$3.7B	11.3x	14.3x
Zug Estates Holding	$3.4B	27.2x	34.4x
Champion Homes	$3.4B	1.3x	11.9x
Cavco Industries	$3.4B	1.6x	15.3x
Century Communities	$3.3B	0.8x	7.6x
Tri Pointe Homes	$3.3B	0.8x	5.0x
Intea Fastigheter	$3.2B	n/a	n/a
Cibus Nordic Real Estate	$3.2B	17.9x	21.3x
Vistry Group	$3.1B	0.5x	6.1x
Green Brick Partners	$3.1B	1.5x	5.9x
FastPartner	$3.1B	n/a	n/a
NP3 Fastigheter	$3.1B	13.9x	19.2x
Citycon	$3.0B	9.6x	13.9x
LGI Homes	$2.9B	1.3x	12.0x
Sirius Real Estate	$2.9B	12.7x	16.9x
Dios Fastigheter	$2.8B	10.5x	15.6x
Investis Holding	$2.7B	11.5x	18.1x
Branicks Group	$2.6B	14.7x	16.8x
Platzer Fastigheter Hldg	$2.6B	n/a	n/a
Globe Trade Centre	$2.5B	10.5x	18.3x
Nexity	$2.5B	0.7x	14.2x
Globalworth Real Est Inv	$2.4B	n/a	n/a
Sedlmayr Grund	$2.3B	n/a	n/a
HIAG Immobilien Holding	$2.3B	13.3x	19.9x
Intershop Holding	$2.3B	10.8x	12.5x
Lamda Development	$2.2B	2.1x	8.4x
Realia Business	$2.2B	n/a	n/a
Metrovacesa	$2.2B	2.7x	22.6x
Swedish Logistic Property	$2.0B	n/a	n/a
EPIC Suisse	$1.9B	22.5x	20.6x
Neinor Homes	$1.9B	2.8x	14.6x
Dom Development	$1.8B	1.9x	8.4x
Royal Heijmans	$1.7B	0.5x	6.8x
Peach Property Gr	$1.6B	10.9x	24.6x
Bangun Kosambi Sukses	$1.6B	11.6x	n/a
Aedas Homes	$1.6B	1.2x	8.2x
Altareit	$1.6B	n/a	n/a
Logistea	$1.5B	n/a	n/a
Fundamenta Real Estate	$1.5B	21.3x	27.2x
Stendorren Fastigheter	$1.5B	n/a	n/a
Echo Investment	$1.4B	3.7x	21.8x
MAS	$1.4B	12.1x	n/a
BASSAC	$1.4B	n/a	n/a
Public Property Invest	$1.4B	17.3x	21.4x
Lighthouse Properties	$1.4B	n/a	n/a
Warteck Invest	$1.3B	21.3x	28.5x
Plazza	$1.3B	28.4x	18.2x
Fastighetsbolaget	$1.3B	n/a	n/a
John Mattson	$1.3B	18.4x	28.6x
Stenhus Fastigheter i	$1.2B	11.6x	n/a
MLP Group	$1.2B	11.2x	22.6x
SF Urban Props	$1.2B	30.3x	34.5x
Gateway Real Estate	$1.2B	n/a	n/a
Heba Fastighets	$1.2B	n/a	n/a
Novavest Real Estate	$1.2B	22.6x	33.1x
Immobel	$1.2B	3.0x	72.4x
Fonciere Inea	$1.2B	12.2x	n/a
ATAL	$1.1B	2.3x	11.0x
Patrizia	$1.1B	3.3x	19.1x
Eastnine	$1.1B	18.0x	21.0x
Fastighets AB Trianon	$1.1B	n/a	n/a
Develia	$1.1B	2.0x	8.3x
Nivika Fastigheter	$1.0B	n/a	n/a
Neobo Fastigheter	$1.0B	10.2x	22.6x
Atenor	$981M	3.2x	18.3x
Varia US Properties	$969M	8.6x	19.6x
Brinova Fastigheter	$961M	n/a	n/a
Archicom	$939M	3.5x	16.6x
EPH European Property	$833M	n/a	n/a
Genova Property Group	$832M	15.1x	23.8x
KlaraBo Sverige	$828M	n/a	n/a
Prisma Properties	$715M	14.5x	20.9x
Aurora Eiendom	$709M	12.2x	15.0x
Fiducial Real Estate	$688M	n/a	n/a
One United Properties	$679M	3.0x	10.3x
Cavatina Holding	$658M	n/a	n/a
DEMIRE Deutsche	$630M	10.7x	27.9x
Polski Holding	$601M	n/a	n/a
Selvaag Bolig	$564M	2.8x	36.3x
Noval Property Real	$548M	13.1x	21.0x
K2A Knaust & Andersson	$526M	n/a	n/a
Inmobiliaria del Sur	$511M	1.9x	10.2x
Premia Real Estate	$500M	18.2x	23.1x
Dinkelacker	$495M	n/a	n/a
FCR Immobilien	$465M	8.8x	17.5x
UBM Development	$447M	2.3x	46.6x
Noratis	$422M	n/a	n/a
STINAG Stuttgart Invest	$417M	12.1x	18.2x
Prime Office	$414M	n/a	n/a
Shopper Park Plus	$413M	n/a	n/a
EfTEN Real Estate Fund	$411M	n/a	n/a
Fortinova Fastigheter	$408M	n/a	n/a
Besqab	$399M	1.7x	18.9x
Annehem Fastigheter	$389M	n/a	n/a
Deutsche Fachmarkt	$374M	12.1x	16.7x
Accentro Real Est	$343M	n/a	n/a
Inclusio	$339M	20.3x	n/a
ALM Equity	$337M	1.2x	-11.0x
CBo Territoria	$314M	n/a	n/a
Titania Holding	$307M	n/a	n/a
AGROB Immobilien	$300M	n/a	n/a
Compania Espanola de	$287M	n/a	n/a
Park Street	$271M	n/a	n/a
Asuntosalkku	$270M	12.4x	49.7x
Zublin Immobilien Holding	$267M	n/a	n/a
Dimand Real Estate Dev	$266M	n/a	n/a
Velgraf Asset Management	$253M	n/a	n/a
Aktiebolaget Fastator	$249M	7.3x	n/a
Abitare In	$244M	1.8x	8.0x
Graphisoft Park	$225M	n/a	n/a
Artea	$217M	n/a	n/a
Fonciere Volta	$215M	n/a	n/a
Mofast	$214M	n/a	n/a
Mig Holdings	$212M	n/a	n/a
Tingsvalvet Fastighets	$206M	n/a	n/a
Doxa	$199M	n/a	n/a
Warimpex Finanz-und	$195M	7.7x	118.9x
Acrinova	$188M	n/a	n/a
EgnsInvest Ejd Tyskland	$180M	n/a	n/a
Fast Ejendom Danmark	$175M	n/a	n/a
Texaf	$174M	n/a	n/a
Appeninn Vagyonkezelo	$171M	n/a	n/a
Arlandastad Group	$168M	4.7x	-36.5x
Marvipol Development	$166M	1.2x	8.4x
Impact Developer	$157M	n/a	n/a
Pro Kapital Grupp	$143M	n/a	n/a
Brioschi	$142M	n/a	n/a
Hasen-Immobilien	$141M	n/a	n/a
Copenhagen Capital	$138M	n/a	n/a
Amhult 2	$136M	n/a	n/a
Banimmo	$136M	6.5x	12.1x
New Amsterdam Invest	$135M	n/a	n/a
Toivo Gr	$129M	2.3x	16.3x
Crosswood	$128M	n/a	n/a
Lokum Deweloper	$124M	2.3x	6.7x
InCity Immobilien	$122M	n/a	n/a
Kalleback Property Invest	$122M	n/a	n/a
Plaza Centers	$122M	n/a	n/a
Preservium Property	$120M	n/a	n/a
Pandora Investments	$118M	n/a	n/a
Duna House Holding	$118M	n/a	n/a
Orilina Properties Real	$118M	n/a	n/a
Biggeorge Property	$117M	n/a	n/a
Inpro	$112M	n/a	n/a
Real Fastigheter	$108M	n/a	n/a
Krona Public Real Estate	$108M	n/a	n/a
Baltic Sea Properties	$108M	n/a	n/a
Galata Investment	$107M	n/a	n/a
Solnaberg Property	$105M	n/a	n/a
Swiss Properties Invest	$105M	n/a	n/a
Santa Ana Global	$104M	n/a	n/a
Deutsche Real Estate	$100M	n/a	n/a
Sonagi SGPS	$97.6M	n/a	n/a
Agat Ejendomme	$96.4M	n/a	n/a
Beno Holding	$94.0M	n/a	n/a
Backaheden Fastighets	$93.1M	n/a	n/a
Fleming Properties	$89.8M	n/a	n/a
Rank Progress	$88.2M	n/a	n/a
TRX Real Estate	$86.2M	n/a	n/a
KD	$85.1M	n/a	n/a
Hepsor	$84.7M	n/a	n/a
Crown Energy	$82.9M	n/a	n/a
Investors House	$82.1M	6.6x	9.7x
Stradim Espace Finances	$70.8M	n/a	n/a
Rebirth	$70.6M	n/a	n/a
German High Street Props	$69.4M	n/a	n/a
Coreo	$67.1M	n/a	n/a
Gabetti Property Solns	$66.4M	0.4x	3.9x
TTL Beteiligungs- und	$65.8M	n/a	n/a
AKKO Invest	$65.1M	n/a	n/a
Bonasudden Holding	$60.3M	n/a	n/a
Aquaticus Real Estate	$60.0M	n/a	n/a
Arco Vara	$55.8M	n/a	n/a
Renta Corporacion Real	$54.7M	n/a	n/a
Multihome	$54.1M	n/a	n/a
Alpha Real Estate	$51.8M	n/a	n/a
Nyesa Valores	$47.5M	n/a	n/a
K+G Complex	$46.9M	n/a	n/a
Ovaro Kiinteistosijoitus	$45.3M	7.8x	42.0x
INVL Baltic Real Est	$44.0M	n/a	n/a
Wikana	$43.4M	n/a	n/a
Techo Hogar SOCIMI	$41.5M	n/a	n/a
Cemat	$40.9M	n/a	n/a
Latvian Forest	$39.8M	n/a	n/a
Kekrops	$38.8M	n/a	n/a
Link Prop Investment	$37.5M	n/a	n/a
Regala Invest	$36.4M	n/a	n/a
Accentis	$36.2M	n/a	n/a
BBI Development	$35.8M	n/a	n/a
IEP Invest	$35.5M	n/a	n/a
Risanamento	$34.7M	n/a	n/a
Libertas	$34.2M	n/a	n/a
Les Constructeurs du bois	$31.5M	1.0x	n/a
RCM Beteiligungs	$29.4M	n/a	n/a
Phoenix Capital Holding	$24.9M	n/a	n/a
Ekopark	$24.7M	n/a	n/a
NVL Baltic Farmland	$24.4M	n/a	n/a
Verianos	$24.3M	n/a	n/a
Wise Finance	$22.6M	n/a	n/a
Ayco Grupo Inmobiliario	$22.4M	n/a	n/a
Krakowskie Centrum	$19.9M	n/a	n/a
Tayninh	$19.3M	n/a	n/a
Lokaty Budowlane	$16.7M	n/a	n/a
Korporacja Gospodarcza	$16.5M	n/a	n/a
Tecma Solutions	$15.9M	0.9x	6.4x
Octava	$15.9M	n/a	n/a
Fipp	$15.2M	n/a	n/a
CI Com	$14.9M	n/a	n/a
TMM Real Estate Dev	$13.5M	n/a	n/a
Slottsviken	$13.0M	n/a	n/a
Instone Real Estate Group	$12.8M	0.0x	0.2x
Czerwona Torebka	$10.2M	n/a	n/a
Tessin Nordic Holding	$9.5M	2.9x	-5.7x
Adomos	$8.1M	n/a	n/a
Cleanbnb	$7.8M	0.3x	4.5x
Movinn	$7.6M	n/a	n/a
Real Bulland	$7.4M	n/a	n/a
Quart Development	$7.1M	n/a	n/a
Courtois	$7.0M	n/a	n/a
Dotstay	$6.7M	n/a	n/a
Elkop Estonia	$6.6M	n/a	n/a
CPD	$6.5M	n/a	n/a
Navstone	$6.5M	n/a	n/a
KMC Properties	$6.4M	n/a	n/a
Mevim	$6.4M	n/a	n/a
ENA	$5.9M	0.9x	16.3x
MEDCAMP	$4.9M	n/a	n/a
Samtrygg Group	$3.7M	n/a	n/a
Softimat	$3.6M	n/a	n/a
Trigon Property Dev	$3.2M	n/a	n/a
Partner-Nieruchomosci	$2.5M	n/a	n/a
Tower Investments	$1.6M	n/a	n/a
SOHO Development	$1.6M	n/a	n/a
Compagnie Fonciere	$1.1M	n/a	n/a
Condo Nordic Holding	$0.8M	n/a	n/a