RANKINGS
Lowest EV/EBITDA — Real Estate
Enterprise Value to EBITDA. Lower ratios may indicate undervaluation.
99 companies with EV/EBITDA data.
Ranked by EV/EBITDA(99)
| # | Ticker | Name | Market Cap | EV/EBITDA |
|---|---|---|---|---|
| 1 | AIV | $604M | 1.2 | |
| 2 | ADAM | $827M | 2.0 | |
| 3 | AXR | $133M | 4.7 | |
| 4 | VNO | $6.3B | 4.9 | |
| 5 | LGPS | $15M | 6.1 | |
| 6 | NMRK | $2.5B | 6.7 | |
| 7 | CUZ | $4.4B | 7.4 | |
| 8 | GRBK | $2.9B | 7.6 | |
| 9 | PHM | $22.5B | 8.1 | |
| 10 | LOAN | $48M | 8.3 | |
| 11 | SDHC | $100M | 8.4 | |
| 12 | SUI | $15.2B | 8.7 | |
| 13 | RMAX | $203M | 8.7 | |
| 14 | CXW | $2.1B | 8.8 | |
| 15 | HST | $15.7B | 9.1 | |
| 16 | BFS | $850M | 9.4 | |
| 17 | LTC | $1.9B | 9.7 | |
| 18 | JLL | $13.1B | 9.8 | |
| 19 | CIGI | $4.8B | 10.0 | |
| 20 | IIPR | $1.7B | 10.0 | |
| 21 | NNN | $8.5B | 10.5 | |
| 22 | CCS | $1.5B | 10.6 | |
| 23 | AKR | $2.9B | 10.9 | |
| 24 | KRG | $5.6B | 10.9 | |
| 25 | CBL | $1.5B | 11.0 | |
| 26 | TPH | $4.0B | 11.3 | |
| 27 | ABR | $1.1B | 11.6 | |
| 28 | SPG | $66.5B | 11.7 | |
| 29 | VICI | $30.4B | 11.8 | |
| 30 | AHRT | $517M | 12.1 | |
| 31 | LXP | $3.0B | 12.2 | |
| 32 | CWK | $2.9B | 12.2 | |
| 33 | REG | $14.2B | 12.2 | |
| 34 | EPR | $4.4B | 12.4 | |
| 35 | IVT | $2.6B | 12.5 | |
| 36 | COMP | $6.1B | 12.5 | |
| 37 | ARL | $242M | 12.6 | |
| 38 | WPC | $16.6B | 12.7 | |
| 39 | CSR | $1.1B | 12.8 | |
| 40 | CTO | $694M | 12.8 | |
| 41 | UDR | $12.0B | 12.9 | |
| 42 | LRE | $18M | 13.1 | |
| 43 | VRE | $1.8B | 13.1 | |
| 44 | CPT | $10.6B | 13.4 | |
| 45 | WSR | $981M | 13.5 | |
| 46 | RHP | $7.3B | 13.5 | |
| 47 | FSV | $6.2B | 13.5 | |
| 48 | BXMT | $3.1B | 13.6 | |
| 49 | SVC | $1.2B | 13.7 | |
| 50 | DOC | $13.2B | 13.8 | |
| 51 | FRT | $10.3B | 14.0 | |
| 52 | EQR | $24.5B | 14.1 | |
| 53 | INTG | $83M | 14.3 | |
| 54 | PDM | $1.0B | 14.5 | |
| 55 | CDP | $3.6B | 14.6 | |
| 56 | SKYH | $324M | 14.6 | |
| 57 | TCI | $335M | 14.6 | |
| 58 | GTY | $2.0B | 14.7 | |
| 59 | UHT | $575M | 14.8 | |
| 60 | RITR | $30M | 15.0 | |
| 61 | KIM | $16.2B | 15.1 | |
| 62 | AVB | $25.9B | 15.1 | |
| 63 | SELF | $59M | 15.2 | |
| 64 | OHI | $13.9B | 15.3 | |
| 65 | CBRE | $36.6B | 15.7 | |
| 66 | ACR | $145M | 15.8 | |
| 67 | BDN | $539M | 16.1 | |
| 68 | NEN | $212M | 16.3 | |
| 69 | MPT | $3.1B | 16.5 | |
| 70 | O | $57.1B | 16.7 | |
| 71 | MAA | $15.0B | 16.9 | |
| 72 | SAFE | $1.1B | 17.2 | |
| 73 | JOE | $3.7B | 17.2 | |
| 74 | ESS | $17.5B | 17.3 | |
| 75 | AMT | $87.1B | 17.8 | |
| 76 | LAMR | $15.5B | 18.0 | |
| 77 | WY | $17.7B | 18.1 | |
| 78 | CMCT | $12M | 18.4 | |
| 79 | PSA | $53.3B | 18.7 | |
| 80 | ELS | $12.0B | 20.5 | |
| 81 | ADC | $8.9B | 20.6 | |
| 82 | SBAC | $21.5B | 20.6 | |
| 83 | AOMR | $205M | 20.7 | |
| 84 | ECG | $7.6B | 21.4 | |
| 85 | PLD | $133.8B | 21.9 | |
| 86 | BEKE | $18.5B | 22.2 | |
| 87 | VTR | $41.0B | 22.8 | |
| 88 | CCI | $39.9B | 23.6 | |
| 89 | MAC | $6.4B | 23.9 | |
| 90 | IRM | $38.2B | 24.1 | |
| 91 | CURB | $3.1B | 24.7 | |
| 92 | LGIH | $1.1B | 27.1 | |
| 93 | EQIX | $105.3B | 29.4 | |
| 94 | DHC | $2.0B | 35.4 | |
| 95 | WELL | $144.9B | 36.0 | |
| 96 | BRT | $273M | 52.4 | |
| 97 | BEEP | $91M | 56.4 | |
| 98 | MAYS | $86M | 59.0 | |
| 99 | BOC | $392M | 63.3 |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
EV/EBITDA Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io