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	$109B	0.3x	6.9x
Mitsui Fudosan	$58.7B	3.3x	16.7x
D.R. Horton	$54.1B	1.6x	10.5x
Goodman Group	$50.4B	26.2x	31.0x
China Resources Land	$48.1B	1.3x	6.7x
Sun Hung Kai Properties	$47.7B	4.4x	11.4x
Poly Real Estate	$44.2B	1.1x	14.3x
Mitsubishi Estate	$41.4B	3.7x	14.5x
Unibail-Rodamco-Westfield	$40.0B	14.5x	15.7x
Lennar	$36.7B	1.0x	9.1x
Daiwa House Industry	$36.6B	1.0x	8.3x
China Overseas Land & Investment	$36.5B	1.4x	10.6x
Vantage Towers	$27.0B	n/a	n/a
Sekisui House	$26.3B	0.9x	10.2x
PulteGroup	$25.7B	1.5x	7.2x
Henderson Land	$25.2B	7.5x	24.1x
Emaar Properties	$22.5B	2.0x	4.1x
Fastighets	$22.5B	16.0x	22.3x
Aldar Properties	$22.3B	2.9x	9.3x
NVR	$22.0B	2.1x	12.2x
Ayala	$22.0B	3.7x	18.9x
DLF	$20.7B	21.3x	71.8x
CK Asset Holdings	$20.0B	2.9x	9.2x
CTP	$19.2B	21.7x	25.2x
Samsung C&T	$19.0B	0.6x	6.6x
SM Prime Holdings	$18.7B	7.4x	12.5x
Swiss Prime Site	$18.0B	30.2x	31.0x
LEG Immobilien	$17.9B	17.2x	24.9x
Toll Brothers	$15.1B	1.4x	7.3x
Lodha Group	$14.7B	8.5x	29.2x
Chandra Daya Investasi	$12.1B	n/a	n/a
Castellum	$11.9B	11.8x	17.3x
Sagax	$11.6B	21.4x	23.2x
PSP Swiss Property	$10.4B	23.7x	27.0x
IWG	$9.9B	2.6x	17.4x
Taylor Morrison	$8.8B	1.1x	7.2x
NEPI Rockcastle	$8.7B	12.8x	15.0x
Skanska	$8.5B	0.4x	8.2x
Howard Hughes Holdings	$8.2B	5.5x	17.6x
Emaar Development	$8.1B	1.4x	2.8x
Pandox	$7.6B	10.0x	17.9x
Allreal Holding	$7.1B	26.4x	23.9x
Kojamo	$7.0B	13.2x	22.6x
CPI Europe	$7.0B	7.3x	n/a
TAG Immobilien	$6.8B	17.4x	22.6x
Barratt Redrow	$6.6B	0.9x	8.4x
GEK Terna	$6.6B	1.6x	10.7x
Wallenstam	$6.5B	20.6x	32.5x
Wihlborgs Fastigheter	$6.5B	14.6x	20.9x
Fabege	$6.5B	17.8x	25.5x
Meritage Homes	$6.4B	1.0x	7.5x
Samhallsbyggnadsbolaget	$6.3B	17.6x	37.7x
Kennedy-Wilson Holdings	$6.2B	14.5x	n/a
KB Home	$5.9B	0.9x	7.6x
Entra	$5.3B	17.2x	19.9x
Jeudan	$5.1B	n/a	n/a
Olav Thon	$5.0B	11.6x	16.2x
Atrium Ljungberg	$4.9B	15.8x	23.0x
Mobimo Holding	$4.9B	21.3x	23.0x
VGP	$4.7B	22.2x	23.4x
CA Immobilien Anlagen	$4.7B	15.1x	23.3x
Catena	$4.5B	17.8x	21.9x
Persimmon	$4.5B	1.0x	7.5x
Berkeley Group	$4.5B	1.4x	6.8x
Taylor Wimpey	$4.4B	0.9x	7.4x
Dream Finders Homes	$4.1B	0.9x	7.2x
Nyfosa	$4.1B	10.9x	15.8x
M/I Homes	$4.0B	0.9x	5.8x
Bellway	$3.9B	1.0x	9.5x
GAG Immobilien	$3.7B	n/a	n/a
Champion Homes	$3.7B	1.4x	12.8x
Hufvudstaden	$3.6B	15.0x	22.6x
Tri Pointe Homes	$3.5B	0.9x	6.0x
Deutsche EuroShop	$3.5B	10.9x	13.8x
Cavco Industries	$3.5B	1.7x	15.5x
Century Communities	$3.4B	0.8x	9.2x
St. Joe	$3.4B	n/a	n/a
Zug Estates Holding	$3.3B	26.7x	31.9x
Green Brick Partners	$3.3B	1.6x	6.1x
LGI Homes	$3.2B	1.7x	16.4x
Intea Fastigheter	$3.2B	21.5x	27.3x
Vistry Group	$3.1B	0.5x	6.3x
Cibus Nordic Real Estate	$3.0B	15.6x	19.7x
NP3 Fastigheter	$3.0B	13.4x	18.4x
Sirius Real Estate	$2.9B	12.9x	17.2x
FastPartner	$2.9B	12.1x	17.8x
Citycon	$2.9B	8.8x	13.3x
Dios Fastigheter	$2.8B	10.5x	15.6x
Investis Holding	$2.6B	8.1x	18.5x
Branicks Group	$2.6B	15.2x	16.9x
Globe Trade Centre	$2.6B	10.8x	18.4x
Nexity	$2.6B	0.7x	12.6x
Realia Business	$2.5B	n/a	n/a
Platzer Fastigheter Hldg	$2.4B	13.6x	18.2x
Cyrela Brazil Realty	$2.4B	1.5x	6.7x
Globalworth Real Est Inv	$2.4B	n/a	n/a
Intershop Holding	$2.3B	9.7x	10.8x
Lamda Development	$2.3B	3.0x	8.2x
HIAG Immobilien Holding	$2.2B	12.2x	18.9x
Metrovacesa	$2.2B	2.8x	22.3x
Sedlmayr Grund	$2.2B	n/a	n/a
Forestar Group	$2.1B	1.3x	10.3x
Royal Heijmans	$2.0B	0.6x	7.6x
Swedish Logistic Property	$1.9B	20.4x	24.3x
Hovnanian Enterprises	$1.9B	0.6x	n/a
EPIC Suisse	$1.9B	22.4x	20.8x
Dom Development	$1.8B	1.9x	8.3x
Bangun Kosambi Sukses	$1.8B	12.7x	n/a
Cury Construtora E	$1.7B	2.0x	9.3x
Xinyuan Real Estate Co	$1.7B	n/a	n/a
MRV Engenharia	$1.7B	1.0x	8.1x
Logistea	$1.7B	16.8x	21.3x
Peach Property Gr	$1.6B	10.1x	24.5x
Altareit	$1.6B	n/a	n/a
Lighthouse Properties	$1.6B	n/a	n/a
Brinova Fastigheter	$1.6B	27.5x	n/a
Stendorren Fastigheter	$1.5B	14.7x	20.4x
Neinor Homes	$1.5B	2.2x	11.9x
Fundamenta Real Estate	$1.5B	21.2x	27.1x
Echo Investment	$1.4B	3.6x	32.4x
Public Property Invest	$1.4B	17.2x	21.4x
Aedas Homes	$1.4B	1.1x	7.4x
MAS	$1.4B	12.2x	n/a
BASSAC	$1.4B	n/a	n/a
Direcional Engenharia	$1.4B	1.8x	7.5x
Warteck Invest	$1.3B	21.9x	29.5x
JHSF Participacoes	$1.3B	3.6x	8.8x
Plazza	$1.3B	27.8x	18.1x
Immobel	$1.2B	2.8x	24.7x
John Mattson	$1.2B	17.8x	27.5x
SF Urban Props	$1.2B	32.0x	29.3x
Stenhus Fastigheter i	$1.2B	11.3x	n/a
Heba Fastighets	$1.2B	19.4x	29.4x
Gateway Real Estate	$1.2B	n/a	n/a
Novavest Real Estate	$1.2B	22.7x	28.4x
MLP Group	$1.2B	10.7x	21.7x
Fonciere Inea	$1.2B	12.8x	n/a
Fastighetsbolaget	$1.2B	13.6x	18.2x
Develia	$1.2B	2.1x	9.0x
Smith Douglas Homes	$1.1B	1.2x	12.4x
Fastighets AB Trianon	$1.1B	13.1x	22.1x
ATAL	$1.1B	2.5x	10.7x
Nivika Fastigheter	$1.1B	14.6x	20.1x
Eastnine	$1.1B	16.5x	19.3x
Archicom	$1.0B	3.8x	19.0x
Atenor	$1000M	3.6x	19.5x
Neobo Fastigheter	$983M	10.1x	21.8x
Patrizia	$967M	3.0x	16.8x
Varia US Properties	$958M	8.5x	20.3x
EPH European Property	$832M	n/a	n/a
Genova Property Group	$829M	15.2x	23.8x
KlaraBo Sverige	$801M	13.9x	22.6x
One United Properties	$769M	3.3x	11.4x
Aurora Eiendom	$698M	12.2x	15.1x
Prisma Properties	$693M	13.8x	19.8x
Socovesa	$681M	n/a	n/a
Fiducial Real Estate	$679M	n/a	n/a
EZ TEC Empreendimentos	$642M	2.2x	10.6x
Cavatina Holding	$632M	n/a	n/a
DEMIRE Deutsche	$621M	9.7x	22.8x
Selvaag Bolig	$615M	3.1x	40.4x
Polski Holding	$594M	n/a	n/a
Construtora Tenda	$578M	0.8x	5.8x
Premia Real Estate	$553M	19.5x	24.4x
Noval Prop Real Est Inv	$550M	13.0x	21.1x
Transcontinental Realty	$547M	n/a	n/a
Plano & Plano	$533M	1.0x	5.3x
Inmobiliaria del Sur	$532M	1.9x	10.0x
Tejon Ranch	$531M	12.7x	n/a
FRP Holdings	$521M	n/a	n/a
Dinkelacker	$479M	n/a	n/a
K2A Knaust & Andersson	$475M	12.9x	25.8x
FCR Immobilien	$454M	9.2x	17.7x
Five Point Hldgs	$450M	n/a	n/a
UBM Development	$439M	2.2x	31.8x
EfTEN Real Estate Fund	$421M	n/a	n/a
STINAG Stuttgart Invest	$419M	12.3x	18.4x
Noratis	$416M	7.2x	76.3x
Consultatio	$412M	n/a	n/a
Prime Office	$410M	n/a	n/a
Shopper Park Plus	$406M	n/a	n/a
Annehem Fastigheter	$399M	11.2x	19.6x
Fortinova Fastigheter	$396M	n/a	n/a
Besqab	$386M	1.4x	19.9x
American Realty Investors	$381M	n/a	n/a
Deutsche Fachmarkt	$374M	12.7x	17.1x
Inclusio	$344M	19.7x	n/a
Zublin Immobilien Holding	$344M	n/a	n/a
Maui Land & Pineapple Co	$334M	n/a	n/a
ALM Equity	$329M	1.6x	-13.6x
United Homes Gr	$325M	n/a	n/a
CBo Territoria	$312M	n/a	n/a
Compania Espanola de	$311M	n/a	n/a
Seritage Growth Props	$310M	n/a	n/a
Titania Holding	$300M	33.8x	48.9x
Even Construtora	$298M	0.7x	5.4x
Star Hldgs	$296M	n/a	n/a
Stratus Properties	$295M	n/a	n/a
AGROB Immobilien	$292M	n/a	n/a
Gafisa	$276M	n/a	n/a
Servicios Corporativos	$272M	n/a	n/a
Park Street	$270M	n/a	n/a
Asuntosalkku	$264M	12.1x	44.7x
Dimand Real Estate Dev	$257M	n/a	n/a
Velgraf Asset Management	$249M	n/a	n/a
Aktiebolaget Fastator	$245M	7.2x	n/a
Doxa	$239M	n/a	n/a
Abitare In	$229M	1.8x	10.3x
Consorcio Ara	$225M	0.6x	3.8x
Graphisoft Park	$220M	n/a	n/a
Arlandastad Group	$219M	6.2x	-39.9x
Artea	$212M	n/a	n/a
Mofast	$212M	n/a	n/a
Mig Holdings	$211M	n/a	n/a
Fonciere Volta	$201M	n/a	n/a
Pandora Investments	$197M	n/a	n/a
Tingsvalvet Fastighets	$197M	n/a	n/a
Warimpex Finanz-und	$193M	7.7x	113.3x
Acrinova	$188M	n/a	n/a
EgnsInvest Ejd Tyskland	$175M	n/a	n/a
Fast Ejendom Danmark	$174M	n/a	n/a
Appeninn Vagyonkezelo	$173M	n/a	n/a
Texaf	$171M	n/a	n/a
Impact Developer	$167M	n/a	n/a
Marvipol Development	$167M	1.3x	8.5x
Inmobiliaria Manquehue	$166M	n/a	n/a
Mitre Realty	$157M	0.7x	4.6x
Corpovael	$156M	0.6x	3.8x
Hasen-Immobilien	$146M	n/a	n/a
Toivo Gr	$142M	2.5x	17.4x
Pro Kapital Grupp	$141M	n/a	n/a
Alphaville	$141M	0.8x	3.4x
Amhult 2	$139M	n/a	n/a
Brioschi	$139M	n/a	n/a
Duna House Holding	$138M	1.2x	9.0x
Banimmo	$137M	6.7x	12.4x
Copenhagen Capital	$135M	n/a	n/a
Lokum Deweloper	$134M	2.9x	7.9x
New Amsterdam Invest	$133M	n/a	n/a
Crosswood	$128M	n/a	n/a
Comstock Holding Co	$125M	n/a	n/a
Kalleback Property Invest	$121M	n/a	n/a
InCity Immobilien	$120M	n/a	n/a
Orilina Properties Real	$119M	n/a	n/a
Plaza Centers	$119M	n/a	n/a
Lead Real Estate Co	$118M	n/a	n/a
Preservium Property	$118M	n/a	n/a
Biggeorge Property	$117M	n/a	n/a
RNI Negocios Imobiliarios	$115M	n/a	n/a
Real Fastigheter	$108M	n/a	n/a
Inpro	$108M	n/a	n/a
Baltic Sea Properties	$107M	n/a	n/a
Tecnisa	$105M	1.5x	-199.8x
Galata Investment	$104M	n/a	n/a
Swiss Properties Invest	$103M	n/a	n/a
Solnaberg Property	$103M	n/a	n/a
Krona Public Real Estate	$103M	n/a	n/a
Santa Ana Global	$103M	n/a	n/a
KD	$100M	n/a	n/a
Sonagi SGPS	$96.3M	n/a	n/a
TRX Real Estate	$95.3M	n/a	n/a
Rank Progress	$94.5M	n/a	n/a
Deutsche Real Estate	$94.0M	n/a	n/a
Beno Holding	$93.6M	n/a	n/a
Agat Ejendomme	$93.1M	n/a	n/a
Backaheden Fastighets	$91.6M	n/a	n/a
Gabetti Property Solns	$90.9M	0.5x	4.3x
Libertas	$89.2M	n/a	n/a
Fleming Properties	$87.2M	n/a	n/a
Investors House	$83.4M	7.6x	9.9x
Hepsor	$77.7M	n/a	n/a
Amrep	$74.9M	1.5x	6.7x
Crown Energy	$74.5M	n/a	n/a
Arco Vara	$74.4M	n/a	n/a
K+G Complex	$73.0M	n/a	n/a
Rebirth	$69.5M	n/a	n/a
Stradim Espace Finances	$69.3M	n/a	n/a
German High Street Props	$66.5M	n/a	n/a
Coreo	$66.1M	n/a	n/a
TTL Beteiligungs- und	$65.2M	n/a	n/a
AKKO Invest	$65.1M	n/a	n/a
Multihome	$58.2M	n/a	n/a
Aquaticus Real Estate	$58.2M	n/a	n/a
Bonasudden Holding	$57.1M	n/a	n/a
Alpha Real Estate	$54.1M	n/a	n/a
Ovaro Kiinteistosijoitus	$45.2M	8.0x	30.9x
Wikana	$44.0M	n/a	n/a
INVL Baltic Real Est	$43.0M	n/a	n/a
Kekrops	$42.9M	n/a	n/a
Cemat	$42.2M	n/a	n/a
Nyesa Valores	$41.7M	n/a	n/a
Techo Hogar SOCIMI	$41.4M	n/a	n/a
Latvian Forest	$38.5M	n/a	n/a
Link Prop Investment	$37.3M	n/a	n/a
Regala Invest	$36.1M	n/a	n/a
BBI Development	$35.2M	n/a	n/a
IEP Invest	$34.5M	n/a	n/a
Accentis	$32.0M	n/a	n/a
RCM Beteiligungs	$30.7M	n/a	n/a
Renta Corporacion Real	$30.4M	n/a	n/a
Les Constructeurs du bois	$30.2M	1.1x	n/a
Tayninh	$26.2M	n/a	n/a
Phoenix Capital Holding	$24.6M	n/a	n/a
Ekopark	$24.4M	n/a	n/a
NVL Baltic Farmland	$24.1M	n/a	n/a
Verianos	$24.0M	n/a	n/a
Instone Real Estate Group	$23.3M	0.0x	0.3x
Ayco Grupo Inmobiliario	$22.1M	n/a	n/a
Wise Finance	$21.0M	n/a	n/a
Krakowskie Centrum	$20.6M	n/a	n/a
Tecma Solutions	$17.7M	1.1x	8.0x
Lokaty Budowlane	$16.8M	n/a	n/a
Fipp	$16.3M	n/a	n/a
Korporacja Gospodarcza	$15.7M	n/a	n/a
TMM Real Estate Dev	$15.6M	n/a	n/a
Risanamento	$15.3M	n/a	n/a
Octava	$15.1M	n/a	n/a
CI Com	$14.5M	n/a	n/a
Slottsviken	$12.5M	n/a	n/a
Czerwona Torebka	$10.7M	n/a	n/a
Tessin Nordic Holding	$9.8M	3.8x	-3.5x
Real Bulland	$8.1M	n/a	n/a
Adomos	$8.0M	n/a	n/a
CPD	$8.0M	n/a	n/a
Dotstay	$7.8M	n/a	n/a
Quart Development	$7.8M	n/a	n/a
Courtois	$7.6M	n/a	n/a
Movinn	$7.2M	n/a	n/a
Cleanbnb	$6.8M	0.3x	5.9x
Navstone	$6.5M	n/a	n/a
Elkop Estonia	$6.1M	n/a	n/a
MEDCAMP	$5.8M	n/a	n/a
ENA	$5.5M	0.9x	10.0x
Softimat	$4.5M	n/a	n/a
KMC Properties	$4.5M	n/a	n/a
Samtrygg Group	$3.5M	n/a	n/a
Trigon Property Dev	$3.2M	n/a	n/a
Mevim	$2.7M	n/a	n/a
Partner-Nieruchomosci	$2.0M	n/a	n/a
SOHO Development	$1.8M	n/a	n/a
Tower Investments	$1.6M	n/a	n/a
Compagnie Fonciere	$1.6M	n/a	n/a
Condo Nordic Holding	$0.4M	n/a	n/a