City Developments Ltd
XMUN:CDE
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (14.8), the stock would be worth €7.5 (34% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 11 | €5.6 |
0%
|
| 3-Year Average | 14.8 | €7.5 |
+34%
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| 5-Year Average | 14.8 | €7.51 |
+34%
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| Industry Average | 17.3 | €8.81 |
+57%
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| Country Average | 9.1 | €4.61 |
-18%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
€15.2B
|
/ |
Jan 2026
S$1.3B
|
= |
|
|
€15.2B
|
/ |
Dec 2026
S$1.2B
|
= |
|
|
€15.2B
|
/ |
Dec 2027
S$1.3B
|
= |
|
|
€15.2B
|
/ |
Dec 2028
S$1.3B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| SG |
|
City Developments Ltd
XMUN:CDE
|
7.5B EUR | 11 | 12 | |
| HK |
|
Sun Hung Kai Properties Ltd
HKEX:16
|
373.3B HKD | 16.1 | 16.8 | |
| VN |
V
|
Vingroup JSC
VN:VIC
|
1 021.8T VND | 32.5 | 76 | |
| JP |
|
Mitsubishi Estate Co Ltd
TSE:8802
|
5.4T JPY | 16 | 22.3 | |
| JP |
|
Mitsui Fudosan Co Ltd
TSE:8801
|
4.7T JPY | 13.8 | 13.9 | |
| JP |
|
Sumitomo Realty & Development Co Ltd
TSE:8830
|
4.2T JPY | 20.9 | 18.9 | |
| JP |
|
Daiwa House Industry Co Ltd
TSE:1925
|
3.1T JPY | 8.2 | 9.9 | |
| HK |
|
Swire Pacific Ltd
HKEX:19
|
115.6B HKD | 15 | 38.9 | |
| IN |
|
DLF Ltd
NSE:DLF
|
1.3T INR | 60.2 | 29.3 | |
| HK |
W
|
Wharf Holdings Ltd
HKEX:4
|
68.1B HKD | 12.6 | 1 361.8 | |
| CN |
|
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd
SSE:600895
|
54.1B CNY | 141.1 | 51.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 5.3 |
| Median | 9.1 |
| 70th Percentile | 17.7 |
| Max | 4 149.6 |
Other Multiples
City Developments Ltd
Glance View
City Developments Ltd (CDL) stands as a testament to modern urbanization, weaving a tapestry of innovative real estate across the globe. Founded in 1963 and headquartered in Singapore, CDL began its journey amidst the burgeoning metropolis with a vision for dynamic urban transformation. Over the decades, it has evolved into one of the world's leading real estate companies, with a portfolio spanning residential, commercial, and hospitality ventures. At the core of its operations is a robust model of developing, owning, and managing a diverse array of properties. This approach allows CDL to maintain a steady flow of revenue through strategic asset accumulation and optimized property management. CDL's financial prowess is further amplified through its innovative ventures in green building and sustainability, setting benchmarks in eco-friendly real estate development. By integrating sustainable practices into its projects, CDL not only aligns with global environmental standards but also enhances its brand value and market appeal. The company leverages its extensive international network to diversify its assets, investing in key global markets across Asia, Europe, and North America. Through its residential developments, commercial leases, and hotel operations, it generates a continuous stream of income, balancing its portfolio between stable long-term leases and dynamic property sales. Thus, City Developments Ltd charts a course of sustainable growth and resilient profitability, navigating the complexities of the global real estate landscape with strategic acumen and a commitment to excellence.