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	$60.7B	3.5x	17.7x
Sun Hung Kai Properties	$58.1B	5.5x	14.3x
China Resources Land	$52.5B	1.3x	7.4x
China Vanke Co	$49.3B	1.3x	-49.2x
D.R. Horton	$47.7B	1.4x	9.8x
Mitsubishi Estate	$46.9B	4.2x	16.8x
Vingroup	$46.4B	4.2x	25.5x
Poly Real Estate	$44.9B	1.1x	18.7x
Goodman Group	$44.3B	20.9x	24.5x
Unibail-Rodamco-Westfield	$41.3B	13.3x	15.6x
Sunac China Hldgs	$38.6B	n/a	n/a
China Overseas Land & Investment	$37.6B	1.5x	11.4x
Country Garden Hldgs Co	$36.6B	2.0x	-17.7x
Daiwa House Industry	$36.5B	1.0x	8.7x
Shimao Group Holdings	$34.7B	6.5x	-45.9x
Samsung C&T	$34.3B	1.2x	11.4x
Greenland Holdings Gr	$30.6B	n/a	n/a
Lennar	$29.6B	0.9x	9.4x
Longfor Group Holdings	$29.4B	1.9x	27.9x
Henderson Land	$28.1B	9.5x	27.5x
Vantage Towers	$27.4B	n/a	n/a
PulteGroup	$25.9B	1.5x	8.1x
Sekisui House	$25.6B	0.9x	10.5x
Azrieli Group	$24.8B	26.8x	31.1x
Kiler Holding	$24.6B	n/a	n/a
Emaar Properties	$24.1B	2.0x	4.0x
Fastighets	$24.1B	15.6x	22.3x
CK Asset Holdings	$24.0B	3.8x	10.3x
Aldar Properties	$23.6B	2.7x	8.7x
Swiss Prime Site	$20.8B	35.9x	33.6x
NVR	$20.1B	2.0x	11.9x
CTP	$19.9B	20.2x	24.2x
Ayala	$19.8B	3.3x	9.9x
DLF	$17.1B	17.4x	58.6x
SM Prime Holdings	$16.9B	6.9x	11.4x
LEG Immobilien	$16.4B	15.1x	20.6x
Toll Brothers	$15.5B	1.4x	8.0x
Castellum	$12.6B	11.7x	17.3x
Sagax	$12.0B	19.8x	22.1x
PSP Swiss Property	$12.0B	26.6x	30.8x
Lodha Group	$11.7B	6.6x	22.5x
Emaar Development	$10.8B	1.7x	3.4x
Skanska	$10.6B	0.5x	9.9x
IWG	$10.5B	2.7x	19.7x
NEPI Rockcastle	$9.7B	11.1x	n/a
Pandox	$8.8B	10.5x	18.5x
Howard Hughes Holdings	$8.7B	6.0x	17.8x
Allreal Holding	$8.4B	n/a	n/a
Taylor Morrison	$8.1B	1.0x	6.9x
GEK Terna	$7.9B	1.7x	10.9x
Chandra Daya Investasi	$7.8B	46.7x	168.8x
Jabal Omar Devlopment	$7.7B	n/a	n/a
Dar Alarkan Real Estate	$7.4B	n/a	n/a
AFI Properties	$7.2B	n/a	n/a
Fabege	$6.9B	17.8x	25.1x
Wihlborgs Fastigheter	$6.8B	14.0x	20.2x
Samhallsbyggnadsbolaget	$6.7B	18.1x	33.9x
Wallenstam	$6.7B	19.4x	30.2x
TAG Immobilien	$6.7B	16.7x	20.7x
Barratt Redrow	$6.6B	0.8x	8.1x
CPI Europe	$6.6B	7.0x	13.9x
Kojamo	$6.4B	11.9x	20.3x
Kennedy-Wilson Holdings	$6.4B	n/a	n/a
Meritage Homes	$6.2B	1.0x	9.0x
Persimmon	$6.2B	1.3x	9.7x
Mobimo Holding	$6.0B	31.9x	19.9x
Mega Or Holdings	$5.8B	n/a	n/a
Olav Thon	$5.7B	12.9x	17.2x
Gav-Yam Lands	$5.7B	n/a	n/a
VGP	$5.6B	67.3x	30.5x
Atrium Ljungberg	$5.5B	16.6x	24.3x
Redefine Properties	$5.4B	9.9x	15.7x
Catena	$5.3B	18.2x	22.2x
Entra	$5.3B	16.8x	19.3x
KB Home	$5.2B	0.8x	7.9x
Jeudan	$5.0B	n/a	n/a
Dubai Residential	$5.0B	11.1x	13.6x
Property & Building Corp	$4.9B	n/a	n/a
Berkeley Group	$4.9B	1.5x	7.6x
Taylor Wimpey	$4.9B	1.0x	8.2x
CA Immobilien Anlagen	$4.8B	15.9x	23.3x
Emaar the Economic City	$4.5B	n/a	n/a
Makkah Construction	$4.4B	n/a	n/a
Bellway	$4.3B	1.1x	10.2x
ISRAEL CANADA	$4.3B	n/a	n/a
St. Joe	$4.2B	n/a	n/a
Champion Homes	$4.2B	1.6x	14.0x
Nyfosa	$4.0B	10.3x	15.0x
M/I Homes	$4.0B	0.9x	6.3x
Hufvudstaden	$3.8B	14.8x	22.0x
GAG Immobilien	$3.7B	n/a	n/a
Airport City	$3.6B	n/a	n/a
Deutsche EuroShop	$3.6B	10.9x	13.9x
Cavco Industries	$3.5B	1.6x	14.3x
Green Brick Partners	$3.5B	1.8x	7.7x
Vistry Group	$3.5B	0.6x	6.5x
Dream Finders Homes	$3.5B	0.8x	6.6x
Tri Pointe Homes	$3.4B	1.0x	6.8x
NP3 Fastigheter	$3.3B	13.0x	17.7x
Investis Holding	$3.3B	15.3x	49.7x
Sirius Real Estate	$3.3B	12.7x	18.0x
Century Communities	$3.2B	0.8x	10.9x
Blue Square Real Estate	$3.2B	n/a	n/a
Intea Fastigheter	$3.1B	18.1x	22.6x
Cibus Nordic Real Estate	$3.1B	13.5x	17.2x
LGI Homes	$3.1B	1.8x	22.8x
Taiba Investments	$3.0B	n/a	n/a
Dios Fastigheter	$3.0B	10.5x	15.5x
FastPartner	$3.0B	11.8x	17.5x
Aura Investments	$3.0B	n/a	n/a
Citycon	$3.0B	8.8x	13.8x
Cyrela Brazil Realty	$2.8B	1.7x	7.2x
Realia Business	$2.8B	n/a	n/a
Intershop Holding	$2.7B	5.8x	6.2x
Azorim Inv Dev	$2.6B	n/a	n/a
HIAG Immobilien Holding	$2.6B	10.4x	n/a
Platzer Fastigheter Hldg	$2.6B	13.5x	18.1x
Lamda Development	$2.5B	2.5x	9.1x
Nexity	$2.5B	0.7x	9.0x
Public Property Invest	$2.4B	24.7x	29.9x
Growthpoint Properties	$2.4B	12.0x	14.5x
Zug Estates Holding	$2.4B	20.7x	16.8x
Royal Heijmans	$2.4B	0.7x	8.2x
Globe Trade Centre	$2.4B	9.7x	16.3x
Prashkovsky Investments	$2.3B	n/a	n/a
Hyprop Investments	$2.3B	14.7x	n/a
Metrovacesa	$2.3B	2.8x	20.4x
Globalworth Real Est Inv	$2.3B	n/a	n/a
Land Development	$2.3B	n/a	n/a
Branicks Group	$2.3B	14.3x	16.1x
Sedlmayr Grund	$2.2B	n/a	n/a
Swedish Logistic Property	$2.2B	19.7x	23.2x
EPIC Suisse	$2.2B	24.5x	31.3x
Cury Construtora E	$2.1B	2.1x	8.8x
Dom Development	$2.0B	2.0x	8.5x
Neinor Homes	$2.0B	2.6x	15.5x
Forestar Group	$2.0B	1.2x	9.3x
Pattern Group	$2.0B	0.8x	13.2x
Kvutzat Acro	$2.0B	n/a	n/a
JHSF Participacoes	$1.9B	4.8x	11.1x
MRV Engenharia	$1.9B	1.0x	20.5x
Saudi Real Estate	$1.9B	3.6x	10.3x
Retal Urban Dev	$1.8B	2.8x	19.9x
Altareit	$1.8B	n/a	n/a
Nawi Group	$1.8B	n/a	n/a
Lighthouse Properties	$1.8B	n/a	n/a
Bangun Kosambi Sukses	$1.8B	n/a	n/a
Aedas Homes	$1.7B	1.4x	9.7x
C C Land Holdings	$1.7B	n/a	n/a
Africa Israel Residences	$1.7B	n/a	n/a
Knowledge Economic City	$1.7B	n/a	n/a
Ronesans Gayrimenkul	$1.7B	6.0x	8.9x
Logistea	$1.7B	13.7x	16.8x
Peach Property Gr	$1.7B	9.9x	28.6x
Fundamenta Real Estate	$1.7B	18.6x	22.6x
Brinova Fastigheter	$1.6B	n/a	n/a
Stendorren Fastigheter	$1.6B	14.0x	19.3x
Plazza	$1.5B	n/a	n/a
Gemlife Communities Gr	$1.5B	8.2x	20.7x
Hovnanian Enterprises	$1.5B	0.5x	5.1x
Direcional Engenharia	$1.5B	1.8x	7.2x
Hagag Group Real Estate	$1.5B	n/a	n/a
Develia	$1.5B	2.5x	10.6x
Fastighetsbolaget	$1.4B	14.5x	19.4x
Dar Global	$1.4B	3.1x	11.1x
MLP Group	$1.4B	12.1x	24.5x
Carasso Real Estate	$1.4B	n/a	n/a
Echo Investment	$1.4B	2.6x	20.8x
MAS	$1.4B	10.7x	11.1x
John Mattson	$1.4B	18.0x	27.8x
Warteck Invest	$1.3B	18.2x	23.4x
Adgar Investments & Dev	$1.3B	n/a	n/a
Stenhus Fastigheter i	$1.3B	11.5x	16.1x
SF Urban Props	$1.3B	32.4x	n/a
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	22.3x	24.1x
Immobel	$1.2B	2.6x	19.4x
Nivika Fastigheter	$1.2B	14.5x	20.2x
Fonciere Inea	$1.2B	12.8x	19.0x
Fastighets AB Trianon	$1.2B	13.2x	22.6x
Gateway Real Estate	$1.1B	n/a	n/a
Eastnine	$1.1B	15.2x	17.8x
Attacq Limited	$1.1B	10.4x	n/a
One United Properties	$1.1B	3.2x	9.7x
Neobo Fastigheter	$1.1B	10.3x	21.6x
Patrizia	$1.0B	3.2x	15.5x
Archicom	$1.0B	3.0x	15.3x
Arriyadh Development	$992M	8.8x	9.2x
BASSAC	$976M	n/a	n/a
Varia US Properties	$970M	n/a	n/a
Harworth Group	$961M	5.8x	18.7x
Aspen Group	$912M	12.6x	28.6x
Genova Property Group	$910M	15.8x	25.6x
Atenor	$901M	3.9x	21.5x
Socovesa	$854M	n/a	n/a
EZ TEC Empreendimentos	$850M	2.7x	10.4x
KlaraBo Sverige	$840M	13.3x	21.1x
Prisma Properties	$829M	14.4x	20.3x
Peet	$807M	2.5x	11.7x
Lifestyle Communities	$781M	5.3x	16.5x
EPH European Property	$721M	n/a	n/a
Construtora Tenda	$717M	0.9x	6.3x
Fiducial Real Estate	$689M	n/a	n/a
Cavatina Holding	$683M	n/a	n/a
Alandalus Property	$659M	n/a	n/a
Dap Gayrimenkul	$657M	n/a	n/a
Selvaag Bolig	$638M	3.0x	53.2x
Polski Holding	$638M	n/a	n/a
Transcontinental Realty	$628M	n/a	n/a
DEMIRE Deutsche	$624M	9.6x	19.5x
Plano & Plano	$613M	1.0x	6.0x
Noval Prop Real Est Inv	$603M	13.6x	21.8x
Premia Real Estate	$599M	16.1x	21.6x
Inmobiliaria del Sur	$591M	1.9x	9.5x
Besqab	$583M	1.9x	21.9x
Shopper Park Plus	$560M	n/a	n/a
Ladun Inv	$559M	n/a	n/a
Cedar Woods Properties	$545M	1.6x	9.9x
Consultatio	$519M	n/a	n/a
FRP Holdings	$510M	n/a	n/a
Tejon Ranch	$507M	11.9x	n/a
Helical	$496M	21.5x	30.9x
Arlandastad Group	$489M	13.0x	-112.3x
K2A Knaust & Andersson	$488M	14.4x	n/a
Prime Office	$474M	n/a	n/a
Dinkelacker	$448M	n/a	n/a
American Realty Investors	$447M	n/a	n/a
Fortinova Fastigheter	$439M	n/a	n/a
FCR Immobilien	$435M	10.4x	17.8x
STINAG Stuttgart Invest	$430M	n/a	n/a
EfTEN Real Estate Fund	$427M	n/a	n/a
Sumou Real Estate	$423M	n/a	n/a
Avrupakent Gayrimenkul	$420M	2.8x	6.5x
Winton Land	$419M	3.9x	19.9x
Annehem Fastigheter	$410M	n/a	n/a
UBM Development	$410M	2.5x	38.8x
Stratus Properties	$398M	n/a	n/a
Deutsche Fachmarkt	$393M	13.1x	16.3x
Five Point Hldgs	$383M	n/a	n/a
Titania Holding	$368M	36.6x	121.8x
Servicios Corporativos	$367M	n/a	n/a
Even Construtora	$355M	0.9x	5.8x
Dimand Real Estate Dev	$352M	5.3x	11.4x
Inclusio	$345M	18.3x	23.0x
Maui Land & Pineapple Co	$340M	n/a	n/a
ALM Equity	$330M	2.6x	-27.9x
Seritage Growth Props	$324M	n/a	n/a
CBo Territoria	$318M	n/a	n/a
Gafisa	$306M	n/a	n/a
Consorcio Ara	$304M	0.7x	4.8x
Star Hldgs	$297M	n/a	n/a
Compania Espanola de	$289M	9.6x	14.0x
Park Street	$286M	n/a	n/a
Zublin Immobilien Holding	$285M	n/a	n/a
AGROB Immobilien	$284M	n/a	n/a
Balwin Properties	$274M	2.0x	11.4x
Aktiebolaget Fastator	$266M	n/a	n/a
Abitare In	$264M	2.1x	17.3x
Asuntosalkku	$263M	n/a	n/a
Tingsvalvet Fastighets	$255M	n/a	n/a
Spear REIT	$254M	8.2x	n/a
Springfield Properties	$246M	0.7x	8.0x
United Homes Gr	$241M	n/a	n/a
Graphisoft Park	$239M	11.4x	7.5x
Smith Douglas Homes	$235M	0.2x	3.5x
ITC Properties Gr	$231M	n/a	n/a
Mig Holdings	$230M	n/a	n/a
Mofast	$219M	n/a	n/a
Deutsche Real Estate	$216M	n/a	n/a
Inmobiliaria Manquehue	$215M	n/a	n/a
Fast Ejendom Danmark	$203M	n/a	n/a
Warimpex Finanz-und	$203M	9.0x	149.1x
Fonciere Volta	$200M	n/a	n/a
Doxa	$199M	n/a	n/a
Marvipol Development	$195M	1.3x	6.8x
Artea	$191M	n/a	n/a
Pandora Investments	$185M	n/a	n/a
Texaf	$184M	n/a	n/a
Corpovael	$183M	n/a	n/a
Mitre Realty	$179M	0.8x	4.4x
Appeninn Vagyonkezelo	$176M	n/a	n/a
DH Group	$174M	1.2x	7.7x
Roadside Real Estate	$170M	n/a	n/a
EgnsInvest Ejd Tyskland	$169M	n/a	n/a
Finbar Group	$161M	0.8x	10.8x
Lokum Deweloper	$158M	4.6x	9.2x
Impact Developer	$156M	1.8x	5.8x
Tian An Australia	$151M	n/a	n/a
Velgraf Asset Management	$151M	n/a	n/a
Banimmo	$149M	n/a	n/a
Toivo Gr	$148M	2.3x	15.7x
Brioschi	$145M	n/a	n/a
Amhult 2	$145M	n/a	n/a
Inpro	$141M	n/a	n/a
Alphaville	$137M	n/a	n/a
Copenhagen Capital	$134M	n/a	n/a
Orilina Properties Real	$133M	n/a	n/a
Preservium Property	$131M	n/a	n/a
Hasen-Immobilien	$131M	n/a	n/a
Crosswood	$130M	n/a	n/a
Krona Public Real Estate	$129M	n/a	n/a
New Amsterdam Invest	$129M	n/a	n/a
Kalleback Property Invest	$128M	n/a	n/a
Biggeorge Property	$123M	n/a	n/a
InCity Immobilien	$122M	n/a	n/a
Tecnisa	$120M	n/a	n/a
Plaza Centers	$119M	n/a	n/a
TRX Real Estate	$118M	n/a	n/a
CDL Inv New Zealand	$116M	n/a	n/a
Baltic Sea Properties	$114M	n/a	n/a
Pro Kapital Grupp	$113M	n/a	n/a
Real Fastigheter	$111M	n/a	n/a
Solnaberg Property	$106M	n/a	n/a
KD	$105M	n/a	n/a
Swiss Properties Invest	$103M	n/a	n/a
Santa Ana Global	$99.8M	n/a	n/a
Sonagi SGPS	$97.6M	n/a	n/a
Calgro M3 Holdings	$95.9M	1.6x	7.8x
Comstock Holding Co	$95.2M	n/a	n/a
Rank Progress	$94.9M	n/a	n/a
Agat Ejendomme	$92.8M	n/a	n/a
Fleming Properties	$92.0M	n/a	n/a
Beno Holding	$89.6M	n/a	n/a
Crown Energy	$84.6M	n/a	n/a
Lead Real Estate Co	$83.1M	n/a	n/a
Stradim Espace Finances	$81.9M	n/a	n/a
Gabetti Property Solns	$80.7M	0.5x	7.3x
Hepsor	$80.6M	n/a	n/a
TTL Beteiligungs- und	$77.1M	n/a	n/a
Balkan and Sea	$77.0M	n/a	n/a
Bonasudden Holding	$74.7M	n/a	n/a
Arco Vara	$74.1M	n/a	n/a
German High Street Props	$73.8M	n/a	n/a
Libertas	$72.1M	3.0x	11.9x
Rebirth	$70.6M	n/a	n/a
K+G Complex	$69.0M	n/a	n/a
AKKO Invest	$68.9M	n/a	n/a
Acrinova	$66.5M	n/a	n/a
Amrep	$63.7M	1.2x	4.7x
Aquaticus Real Estate	$61.9M	n/a	n/a
Techo Hogar SOCIMI	$57.0M	n/a	n/a
Galata Investment	$55.6M	n/a	n/a
Kekrops	$51.6M	n/a	n/a
INVL Baltic Real Est	$50.9M	n/a	n/a
Tayninh	$50.8M	n/a	n/a
Alpha Real Estate	$47.7M	n/a	n/a
Instone Real Estate Group	$47.1M	0.1x	0.6x
Investors House	$42.2M	4.3x	9.0x
Wikana	$41.0M	n/a	n/a
Cemat	$40.1M	n/a	n/a
Noratis	$39.7M	0.9x	8.4x
Ovaro Kiinteistosijoitus	$38.8M	n/a	n/a
Latvian Forest	$37.4M	n/a	n/a
BBI Development	$36.1M	n/a	n/a
Nyesa Valores	$34.0M	n/a	n/a
Renta Corporacion Real	$31.7M	n/a	n/a
RCM Beteiligungs	$31.0M	n/a	n/a
IEP Invest	$29.6M	n/a	n/a
Accentis	$29.0M	n/a	n/a
Les Constructeurs du bois	$27.5M	1.0x	n/a
NVL Baltic Farmland	$25.8M	n/a	n/a
Ekopark	$25.0M	n/a	n/a
Verianos	$24.3M	n/a	n/a
Wise Finance	$23.5M	n/a	n/a
Ayco Grupo Inmobiliario	$22.5M	n/a	n/a
Krakowskie Centrum	$22.4M	n/a	n/a
Tecma Solutions	$20.0M	1.3x	11.3x
Phoenix Capital Holding	$19.3M	n/a	n/a
Kopaonik a.d	$18.5M	n/a	n/a
Korporacja Gospodarcza	$18.1M	n/a	n/a
Regala Invest	$17.8M	n/a	n/a
Fipp	$16.2M	n/a	n/a
Lokaty Budowlane	$16.1M	n/a	n/a
Risanamento	$15.9M	n/a	n/a
Multihome	$15.5M	n/a	n/a
TMM Real Estate Dev	$14.0M	n/a	n/a
Octava	$12.8M	n/a	n/a
Slottsviken	$11.8M	n/a	n/a
Dotstay	$11.1M	n/a	n/a
Czerwona Torebka	$9.7M	n/a	n/a
Quart Development	$9.1M	n/a	n/a
Courtois	$9.1M	n/a	n/a
Adomos	$8.1M	n/a	n/a
ENA	$6.8M	1.1x	-18.2x
Movinn	$6.6M	n/a	n/a
Navstone	$6.0M	n/a	n/a
MEDCAMP	$5.9M	n/a	n/a
CPD	$5.8M	n/a	n/a
Elkop Estonia	$5.1M	n/a	n/a
Bolkan Property	$5.0M	n/a	n/a
Real Bulland	$4.1M	n/a	n/a
RomReal	$3.7M	n/a	n/a
SOHO Development	$3.3M	n/a	n/a
Partner-Nieruchomosci	$3.3M	n/a	n/a
Trigon Property Dev	$3.0M	n/a	n/a
KMC Properties	$2.8M	n/a	n/a
Samtrygg Group	$2.7M	n/a	n/a
Compagnie Fonciere	$2.4M	n/a	n/a
Cleanbnb	$2.0M	0.1x	2.9x
Tower Investments	$1.6M	n/a	n/a
Softimat	$1.6M	n/a	n/a
Mevim	$1.3M	n/a	n/a