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	6.7x
Mitsui Fudosan	$61.1B	3.6x	18.0x
Vingroup	$55.7B	5.0x	30.7x
Sun Hung Kai Properties	$52.3B	5.0x	12.9x
China Resources Land	$50.0B	1.3x	7.1x
D.R. Horton	$49.9B	1.5x	10.3x
China Vanke Co	$48.9B	1.3x	-49.0x
Mitsubishi Estate	$46.2B	4.1x	16.7x
Poly Real Estate	$43.5B	1.1x	18.2x
Goodman Group	$43.0B	20.8x	24.5x
Unibail-Rodamco-Westfield	$40.7B	13.3x	15.6x
Sunac China Hldgs	$37.7B	n/a	n/a
Country Garden Hldgs Co	$36.4B	1.9x	-17.6x
Daiwa House Industry	$36.0B	1.0x	8.7x
China Overseas Land & Investment	$35.3B	1.4x	10.7x
Shimao Group Holdings	$34.4B	6.5x	-45.5x
Lennar	$30.7B	0.9x	9.8x
Greenland Holdings Gr	$30.5B	n/a	n/a
Samsung C&T	$29.5B	1.1x	9.8x
Longfor Group Holdings	$28.1B	1.8x	26.7x
Henderson Land	$27.9B	9.4x	27.2x
Vantage Towers	$27.1B	n/a	n/a
PulteGroup	$26.1B	1.5x	8.1x
Sekisui House	$25.8B	0.9x	10.6x
Azrieli Group	$24.0B	26.2x	30.4x
Fastighets	$23.9B	16.0x	22.8x
CK Asset Holdings	$22.5B	3.5x	9.7x
Emaar Properties	$21.2B	1.7x	3.6x
Aldar Properties	$21.0B	2.4x	7.8x
NVR	$20.0B	2.0x	11.8x
CTP	$19.9B	20.4x	24.5x
Ayala	$19.4B	3.2x	9.8x
Swiss Prime Site	$19.3B	34.1x	31.9x
SM Prime Holdings	$17.9B	7.3x	12.1x
DLF	$17.2B	17.2x	57.8x
LEG Immobilien	$16.7B	15.6x	21.2x
Toll Brothers	$15.8B	1.5x	8.1x
Kiler Holding	$13.8B	n/a	n/a
Castellum	$12.2B	11.7x	17.3x
Lodha Group	$12.1B	6.7x	22.9x
Sagax	$11.9B	20.2x	22.6x
Chandra Daya Investasi	$11.3B	66.9x	241.4x
PSP Swiss Property	$11.0B	24.9x	28.9x
IWG	$10.6B	2.8x	20.0x
Skanska	$10.2B	0.5x	9.7x
NEPI Rockcastle	$9.4B	11.1x	n/a
Pandox	$8.8B	10.8x	19.0x
Howard Hughes Holdings	$8.7B	6.0x	17.8x
Emaar Development	$8.3B	1.3x	2.6x
Taylor Morrison	$8.3B	1.0x	7.0x
Allreal Holding	$7.8B	n/a	n/a
Jabal Omar Devlopment	$7.2B	n/a	n/a
AFI Properties	$7.0B	n/a	n/a
Dar Alarkan Real Estate	$6.9B	n/a	n/a
Wihlborgs Fastigheter	$6.8B	14.2x	20.5x
Fabege	$6.7B	17.8x	25.1x
Meritage Homes	$6.7B	1.1x	9.8x
GEK Terna	$6.7B	1.5x	9.4x
Wallenstam	$6.7B	19.9x	31.0x
TAG Immobilien	$6.6B	16.8x	20.8x
Kojamo	$6.6B	12.3x	21.0x
Samhallsbyggnadsbolaget	$6.5B	18.1x	33.9x
CPI Europe	$6.5B	7.0x	13.9x
Kennedy-Wilson Holdings	$6.4B	n/a	n/a
Barratt Redrow	$6.3B	0.8x	7.8x
Persimmon	$5.9B	1.3x	9.5x
Gav-Yam Lands	$5.7B	n/a	n/a
Mega Or Holdings	$5.7B	n/a	n/a
Mobimo Holding	$5.6B	30.8x	19.2x
Olav Thon	$5.5B	12.8x	17.2x
VGP	$5.5B	66.9x	30.3x
KB Home	$5.4B	0.9x	8.1x
Atrium Ljungberg	$5.3B	16.7x	24.4x
Redefine Properties	$5.2B	9.9x	15.6x
Entra	$5.1B	16.8x	19.3x
Jeudan	$5.1B	n/a	n/a
Catena	$5.0B	17.4x	21.4x
Property & Building Corp	$5.0B	n/a	n/a
Cavco Industries	$4.9B	2.2x	19.9x
Taylor Wimpey	$4.8B	1.0x	8.2x
Champion Homes	$4.8B	1.8x	16.2x
Berkeley Group	$4.7B	1.5x	7.4x
CA Immobilien Anlagen	$4.7B	15.9x	23.3x
Emaar the Economic City	$4.5B	n/a	n/a
Bellway	$4.4B	1.1x	10.4x
ISRAEL CANADA	$4.3B	n/a	n/a
St. Joe	$4.2B	n/a	n/a
Makkah Construction	$4.0B	n/a	n/a
Nyfosa	$4.0B	10.6x	15.3x
M/I Homes	$3.9B	0.9x	6.1x
Airport City	$3.8B	n/a	n/a
GAG Immobilien	$3.7B	n/a	n/a
Hufvudstaden	$3.7B	14.9x	22.1x
Century Communities	$3.6B	0.9x	12.0x
Tri Pointe Homes	$3.5B	1.0x	7.1x
Vistry Group	$3.5B	0.6x	6.8x
Dream Finders Homes	$3.5B	0.8x	6.7x
Deutsche EuroShop	$3.5B	10.8x	13.8x
Green Brick Partners	$3.5B	1.7x	7.6x
Sirius Real Estate	$3.3B	12.9x	18.3x
NP3 Fastigheter	$3.2B	13.2x	17.9x
Blue Square Real Estate	$3.1B	n/a	n/a
Aura Investments	$3.1B	n/a	n/a
Intea Fastigheter	$3.1B	18.4x	22.9x
Investis Holding	$3.1B	14.7x	47.7x
Cibus Nordic Real Estate	$3.0B	13.5x	17.1x
FastPartner	$3.0B	12.0x	17.8x
Citycon	$3.0B	8.9x	13.9x
Dios Fastigheter	$3.0B	10.6x	15.6x
LGI Homes	$2.9B	1.7x	22.0x
Taiba Investments	$2.9B	n/a	n/a
Realia Business	$2.7B	n/a	n/a
Azorim Inv Dev	$2.6B	n/a	n/a
Intershop Holding	$2.6B	5.7x	6.1x
Platzer Fastigheter Hldg	$2.6B	13.5x	18.2x
HIAG Immobilien Holding	$2.5B	9.9x	n/a
Growthpoint Properties	$2.5B	12.5x	15.1x
Nexity	$2.4B	0.7x	8.9x
Globe Trade Centre	$2.4B	9.9x	16.6x
Lamda Development	$2.4B	2.4x	8.9x
Prashkovsky Investments	$2.3B	n/a	n/a
Land Development	$2.3B	n/a	n/a
Royal Heijmans	$2.3B	0.7x	8.0x
Cyrela Brazil Realty	$2.3B	1.4x	5.9x
Zug Estates Holding	$2.3B	20.0x	16.3x
Globalworth Real Est Inv	$2.2B	n/a	n/a
Hyprop Investments	$2.2B	14.4x	n/a
Branicks Group	$2.2B	14.2x	16.1x
Bangun Kosambi Sukses	$2.2B	n/a	n/a
Metrovacesa	$2.2B	2.7x	19.7x
Swedish Logistic Property	$2.2B	20.1x	23.7x
Pattern Group	$2.1B	0.8x	14.0x
Sedlmayr Grund	$2.1B	n/a	n/a
EPIC Suisse	$2.1B	23.7x	30.3x
Kvutzat Acro	$2.0B	n/a	n/a
Dom Development	$2.0B	2.0x	8.5x
Public Property Invest	$2.0B	20.9x	25.3x
Neinor Homes	$1.8B	2.5x	14.5x
MRV Engenharia	$1.8B	0.9x	20.0x
Forestar Group	$1.8B	1.1x	8.5x
Cury Construtora E	$1.8B	1.8x	7.8x
Saudi Real Estate	$1.8B	3.4x	9.7x
Africa Israel Residences	$1.8B	n/a	n/a
Altareit	$1.8B	n/a	n/a
Nawi Group	$1.8B	n/a	n/a
Lighthouse Properties	$1.7B	n/a	n/a
Retal Urban Dev	$1.7B	2.6x	18.6x
Aedas Homes	$1.7B	1.4x	9.7x
C C Land Holdings	$1.7B	n/a	n/a
JHSF Participacoes	$1.7B	4.4x	10.0x
Peach Property Gr	$1.7B	10.1x	29.3x
Logistea	$1.6B	13.8x	16.9x
Ronesans Gayrimenkul	$1.6B	5.8x	8.7x
Brinova Fastigheter	$1.6B	n/a	n/a
Knowledge Economic City	$1.6B	n/a	n/a
Stendorren Fastigheter	$1.6B	14.0x	19.4x
Fundamenta Real Estate	$1.6B	18.0x	21.9x
Hovnanian Enterprises	$1.6B	0.5x	5.2x
Carasso Real Estate	$1.5B	n/a	n/a
Gemlife Communities Gr	$1.5B	8.0x	20.4x
Plazza	$1.5B	n/a	n/a
Hagag Group Real Estate	$1.5B	n/a	n/a
Dar Global	$1.5B	3.1x	11.2x
Fastighetsbolaget	$1.4B	14.6x	19.4x
MLP Group	$1.4B	11.8x	23.9x
Direcional Engenharia	$1.4B	1.7x	6.6x
MAS	$1.4B	10.9x	11.3x
John Mattson	$1.3B	18.4x	28.4x
Adgar Investments & Dev	$1.3B	n/a	n/a
Echo Investment	$1.3B	2.5x	20.3x
Develia	$1.3B	2.3x	9.6x
Warteck Invest	$1.3B	18.1x	23.2x
Stenhus Fastigheter i	$1.3B	11.6x	16.2x
Villar International	$1.3B	n/a	n/a
ATAL	$1.3B	3.3x	12.8x
SF Urban Props	$1.3B	16.4x	n/a
Heba Fastighets	$1.2B	18.9x	28.5x
Immobel	$1.2B	2.7x	19.7x
Novavest Real Estate	$1.2B	22.2x	23.9x
Fonciere Inea	$1.2B	12.8x	19.1x
Fastighets AB Trianon	$1.2B	13.3x	22.9x
Arriyadh Development	$1.2B	10.2x	10.7x
Nivika Fastigheter	$1.1B	14.5x	20.2x
Eastnine	$1.1B	15.6x	18.2x
Gateway Real Estate	$1.1B	n/a	n/a
Attacq Limited	$1.1B	10.1x	n/a
Neobo Fastigheter	$1.1B	10.4x	21.8x
Patrizia	$1.0B	3.2x	15.7x
Archicom	$997M	3.1x	15.3x
Varia US Properties	$988M	n/a	n/a
Harworth Gr	$981M	28.5x	19.4x
One United Properties	$975M	2.9x	8.8x
BASSAC	$960M	n/a	n/a
Aspen Group	$957M	13.5x	30.8x
Atenor	$905M	3.9x	21.9x
Genova Property Group	$888M	15.9x	25.6x
KlaraBo Sverige	$854M	13.8x	22.1x
Prisma Properties	$815M	14.5x	20.5x
Socovesa	$803M	n/a	n/a
Peet	$800M	2.5x	11.9x
Lifestyle Communities	$774M	5.4x	16.8x
EZ TEC Empreendimentos	$770M	2.5x	9.6x
Dap Gayrimenkul	$744M	n/a	n/a
EPH European Property	$712M	n/a	n/a
Fiducial Real Estate	$680M	n/a	n/a
Alandalus Property	$677M	n/a	n/a
Cavatina Holding	$668M	n/a	n/a
Selvaag Bolig	$634M	3.0x	54.5x
DEMIRE Deutsche	$632M	9.8x	20.1x
Polski Holding	$631M	n/a	n/a
Construtora Tenda	$596M	0.8x	5.3x
Premia Real Estate	$595M	16.2x	21.7x
Noval Prop Real Est Inv	$594M	13.5x	21.8x
Ladun Inv	$586M	n/a	n/a
Transcontinental Realty	$583M	n/a	n/a
Plano & Plano	$573M	1.0x	5.7x
Inmobiliaria del Sur	$567M	1.8x	9.2x
Cedar Woods Properties	$561M	1.7x	10.4x
Shopper Park Plus	$534M	n/a	n/a
Tejon Ranch	$511M	12.1x	n/a
FRP Holdings	$508M	n/a	n/a
Consultatio	$501M	n/a	n/a
Five Point Hldgs	$499M	n/a	n/a
Arlandastad Group	$491M	13.3x	-115.7x
Besqab	$488M	1.6x	18.8x
K2A Knaust & Andersson	$479M	14.5x	n/a
Helical	$476M	26.9x	30.1x
Prime Office	$472M	n/a	n/a
Dinkelacker	$456M	n/a	n/a
Winton Land	$455M	4.3x	22.3x
Avrupakent Gayrimenkul	$443M	3.0x	6.8x
FCR Immobilien	$434M	10.5x	18.0x
Fortinova Fastigheter	$431M	n/a	n/a
Sumou Real Estate	$430M	n/a	n/a
STINAG Stuttgart Invest	$425M	n/a	n/a
EfTEN Real Estate Fund	$421M	n/a	n/a
UBM Development	$421M	2.6x	40.4x
American Realty Investors	$416M	n/a	n/a
Annehem Fastigheter	$413M	n/a	n/a
Deutsche Fachmarkt	$390M	13.2x	16.4x
Stratus Properties	$377M	n/a	n/a
Titania Holding	$362M	37.0x	123.3x
Servicios Corporativos	$354M	n/a	n/a
Inclusio	$342M	18.3x	23.1x
Seritage Growth Props	$342M	n/a	n/a
Maui Land & Pineapple Co	$335M	n/a	n/a
ALM Equity	$329M	2.7x	-28.6x
Even Construtora	$318M	0.8x	5.3x
CBo Territoria	$313M	n/a	n/a
Star Hldgs	$310M	n/a	n/a
Dimand Real Estate Dev	$310M	4.8x	10.1x
Gafisa	$295M	n/a	n/a
Compania Espanola de	$291M	9.7x	14.3x
Park Street	$286M	n/a	n/a
AGROB Immobilien	$280M	n/a	n/a
Balwin Properties	$270M	2.0x	11.5x
Consorcio Ara	$268M	0.6x	4.4x
Zublin Immobilien Holding	$265M	n/a	n/a
Aktiebolaget Fastator	$262M	n/a	n/a
ITC Properties Gr	$261M	n/a	n/a
Asuntosalkku	$261M	n/a	n/a
Smith Douglas Homes	$256M	0.3x	3.8x
Spear REIT	$249M	8.3x	n/a
Springfield Properties	$244M	0.7x	8.1x
Tingsvalvet Fastighets	$244M	n/a	n/a
Abitare In	$232M	1.9x	15.5x
Mig Holdings	$227M	n/a	n/a
Graphisoft Park	$226M	10.9x	7.2x
United Homes Gr	$221M	n/a	n/a
Mofast	$219M	n/a	n/a
Deutsche Real Estate	$213M	n/a	n/a
Inmobiliaria Manquehue	$209M	n/a	n/a
Warimpex Finanz-und	$201M	9.0x	149.4x
Fast Ejendom Danmark	$197M	n/a	n/a
Doxa	$195M	n/a	n/a
Marvipol Development	$193M	1.3x	6.8x
Pandora Investments	$190M	n/a	n/a
Fonciere Volta	$189M	n/a	n/a
Artea	$183M	n/a	n/a
Texaf	$179M	n/a	n/a
Corpovael	$177M	n/a	n/a
Appeninn Vagyonkezelo	$176M	n/a	n/a
Duna House Holding	$175M	1.2x	7.9x
EgnsInvest Ejd Tyskland	$172M	n/a	n/a
Mitre Realty	$169M	0.8x	4.2x
Roadside Real Estate	$169M	n/a	n/a
Finbar Group	$165M	0.9x	11.4x
Impact Developer	$153M	1.8x	5.7x
Velgraf Asset Management	$151M	n/a	n/a
Tian An Australia	$148M	n/a	n/a
Lokum Deweloper	$148M	4.4x	8.7x
Toivo Gr	$147M	2.3x	15.9x
Banimmo	$147M	n/a	n/a
Brioschi	$146M	n/a	n/a
Amhult 2	$143M	n/a	n/a
Inpro	$139M	n/a	n/a
Hasen-Immobilien	$139M	n/a	n/a
Orilina Properties Real	$134M	n/a	n/a
Alphaville	$134M	n/a	n/a
Copenhagen Capital	$132M	n/a	n/a
New Amsterdam Invest	$128M	n/a	n/a
Balkan and Sea	$127M	n/a	n/a
Preservium Property	$127M	n/a	n/a
Kalleback Property Invest	$126M	n/a	n/a
Krona Public Real Estate	$126M	n/a	n/a
InCity Immobilien	$121M	n/a	n/a
Biggeorge Property	$120M	n/a	n/a
Plaza Centers	$118M	n/a	n/a
Tecnisa	$113M	n/a	n/a
Crosswood	$112M	n/a	n/a
CDL Inv New Zealand	$110M	n/a	n/a
Baltic Sea Properties	$110M	n/a	n/a
KD	$109M	n/a	n/a
Real Fastigheter	$108M	n/a	n/a
TRX Real Estate	$106M	n/a	n/a
Solnaberg Property	$105M	n/a	n/a
Pro Kapital Grupp	$104M	n/a	n/a
Swiss Properties Invest	$103M	n/a	n/a
RNI Negocios Imobiliarios	$102M	n/a	n/a
Santa Ana Global	$98.5M	n/a	n/a
Sonagi SGPS	$96.4M	n/a	n/a
Beno Holding	$96.3M	n/a	n/a
Calgro M3 Holdings	$95.6M	1.6x	8.0x
Comstock Holding Co	$95.0M	n/a	n/a
Rank Progress	$93.5M	n/a	n/a
Agat Ejendomme	$92.7M	n/a	n/a
Fleming Properties	$91.0M	n/a	n/a
Lead Real Estate Co	$86.9M	n/a	n/a
Gabetti Property Solns	$80.2M	0.5x	7.3x
Hepsor	$80.1M	n/a	n/a
Stradim Espace Finances	$79.2M	n/a	n/a
TTL Beteiligungs- und	$75.0M	n/a	n/a
Crown Energy	$74.8M	n/a	n/a
Bonasudden Holding	$73.2M	n/a	n/a
Arco Vara	$73.1M	n/a	n/a
Amrep	$70.3M	1.3x	5.1x
Rebirth	$69.7M	n/a	n/a
Acrinova	$67.4M	n/a	n/a
AKKO Invest	$66.9M	n/a	n/a
German High Street Props	$65.6M	n/a	n/a
Aquaticus Real Estate	$61.0M	n/a	n/a
K+G Complex	$59.4M	n/a	n/a
Libertas	$58.8M	2.5x	9.9x
Galata Investment	$55.6M	n/a	n/a
Nyesa Valores	$54.4M	n/a	n/a
Techo Hogar SOCIMI	$51.9M	n/a	n/a
Kekrops	$50.7M	n/a	n/a
INVL Baltic Real Est	$50.6M	n/a	n/a
Alpha Real Estate	$46.4M	n/a	n/a
Wikana	$41.8M	n/a	n/a
Investors House	$41.3M	4.3x	8.9x
Cemat	$40.1M	n/a	n/a
Noratis	$40.0M	0.9x	8.6x
Ovaro Kiinteistosijoitus	$38.5M	n/a	n/a
Latvian Forest	$37.1M	n/a	n/a
Regala Invest	$36.3M	n/a	n/a
BBI Development	$35.0M	n/a	n/a
RCM Beteiligungs	$31.2M	n/a	n/a
Renta Corporacion Real	$29.4M	n/a	n/a
Les Constructeurs du bois	$26.9M	0.9x	n/a
Accentis	$26.4M	n/a	n/a
IEP Invest	$26.2M	n/a	n/a
NVL Baltic Farmland	$24.9M	n/a	n/a
Tayninh	$24.8M	n/a	n/a
Ekopark	$24.6M	n/a	n/a
Verianos	$24.0M	n/a	n/a
Wise Finance	$23.2M	n/a	n/a
Krakowskie Centrum	$22.3M	n/a	n/a
Ayco Grupo Inmobiliario	$22.2M	n/a	n/a
Tecma Solutions	$21.9M	1.4x	12.5x
Phoenix Capital Holding	$19.3M	n/a	n/a
Kopaonik a.d	$18.3M	n/a	n/a
Korporacja Gospodarcza	$17.4M	n/a	n/a
Instone Real Estate Group	$17.2M	0.0x	0.2x
Risanamento	$17.2M	n/a	n/a
Multihome	$16.3M	n/a	n/a
Fipp	$15.2M	n/a	n/a
TMM Real Estate Dev	$13.8M	n/a	n/a
Lokaty Budowlane	$12.3M	n/a	n/a
Octava	$12.0M	n/a	n/a
Slottsviken	$11.6M	n/a	n/a
Quart Development	$10.5M	n/a	n/a
Czerwona Torebka	$9.5M	n/a	n/a
Dotstay	$9.3M	n/a	n/a
Courtois	$9.0M	n/a	n/a
ENA	$8.6M	1.5x	-23.5x
Bolkan Property	$8.5M	n/a	n/a
Real Bulland	$8.0M	n/a	n/a
Adomos	$8.0M	n/a	n/a
CPD	$6.5M	n/a	n/a
Movinn	$6.4M	n/a	n/a
MEDCAMP	$6.2M	n/a	n/a
Navstone	$6.0M	n/a	n/a
Elkop Estonia	$5.1M	n/a	n/a
RomReal	$3.5M	n/a	n/a
Trigon Property Dev	$3.1M	n/a	n/a
KMC Properties	$2.8M	n/a	n/a
Samtrygg Group	$2.6M	n/a	n/a
Cleanbnb	$2.0M	0.1x	2.9x
Compagnie Fonciere	$2.0M	n/a	n/a
Partner-Nieruchomosci	$2.0M	n/a	n/a
SOHO Development	$1.7M	n/a	n/a
Softimat	$1.7M	n/a	n/a
Tower Investments	$1.6M	n/a	n/a
Mevim	$1.3M	n/a	n/a