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Best Real Estate Development stocks by quality

Of the 60 stocks listed here, 3 reach the maximum quality score. The median valuation of the group comes out at 5.5 times its free cash flow. Among those with the maximum score, the cheapest is Amata Corporation Public (AMATA.BK), at 4.7 times its free cash flow.

The Real Estate Development stocks with the highest scores from our fundamental analysis, ranked from best to worst quality, with their valuation (P/FCF). Click a stock for its full analysis.

#StockQuality scoreP/FCF
1Ashiana Housing Limited (ASHIANA.NS)10/1011.3x
2Amata Corporation Public Company Limited (AMATA.BK)10/104.7x
3Sakura Development Co.,Ltd (2539.TW)10/109.2x
4Sai Gon VRG Investment Corporation (SIP.VN)9/106.3x
5Metrovacesa S.A. (MVC.MC)9/107.6x
6PT Kawasan Industri Jababeka Tbk (KIJA.JK)9/102.0x
7Immobel SA (IMMO.BR)9/101.4x
8Development Investment Construction Joint Stock Corporation (DIG.VN)9/104.0x
9Dar Global PLC (DAR.L)9/105.8x
10Farglory Land Development Co., Ltd. (5522.TW)9/106.7x
11Hong Pu Real Estate Development Co., Ltd. (2536.TW)9/101.0x
12Daisue Construction Co., Ltd. (1814.T)9/104.0x
13Tian An Australia Limited (TIA.AX)8/100.2x
14SEN X Public Company Limited (SENX.BK)8/102.4x
15Ravinder Heights Limited (RVHL.NS)8/109.9x
16Puravankara Limited (PURVA.NS)8/1017.1x
17The Platinum Group Public Company Limited (PLAT.BK)8/105.5x
18GeeCee Ventures Limited (GEECEE.NS)8/10n.d.
19PT Natura City Developments Tbk (CITY.JK)8/10n.d.
20Arvind SmartSpaces Limited (ARVSMART.NS)8/10n.d.
21Alembic Limited (ALEMBICLTD.NS)8/1065.9x
22View United Real Estate Development Co. (9591.SR)8/104.5x
23Yoshicon Co.,Ltd. (5280.T)8/10n.d.
24Retal Urban Development Company (4322.SR)8/1010.7x
25Arr Planner Co., Ltd. (2983.T)8/10n.d.
26Kuo Yang Construction Co., Ltd. (2505.TW)8/104.2x
27Cathay Real Estate Development Co., Ltd. (2501.TW)8/104.1x
28Liu Chong Hing Investment Limited (0194.HK)8/104.8x
29Cheuk Nang (Holdings) Limited (0131.HK)8/104.1x
30Indiabulls Limited (IBULLSLTD.NS)7/936.2x
31UOL Group Limited (U14.SI)7/106.2x
32TARC Limited (TARC.NS)7/1024.3x
33Sunteck Realty Limited (SUNTECK.NS)7/10n.d.
34Sky Harbour Group Corp (SKYH)7/10n.d.
35Sena Development Public Company Limited (SENA.BK)7/103.8x
36PT Jaya Sukses Makmur Sentosa Tbk (RISE.JK)7/10n.d.
37Raymond Realty Limited (RAYMONDREL.NS)7/10n.d.
38Proud Real Estate Public Company Limited (PROUD.BK)7/100.6x
39Peet Limited (PPC.AX)7/10n.d.
40PT Pollux Hotels Group Tbk (POLI.JK)7/10n.d.
41Pansari Developers Limited (PANSARI.NS)7/10n.d.
42PT Pantai Indah Kapuk Dua Tbk (PANI.JK)7/10n.d.
43Nila Spaces Limited (NILASPACES.NS)7/10n.d.
44Nila Infrastructures Limited (NILAINFRA.NS)7/10n.d.
45Mustera Property Group Limited (MPX.AX)7/102.3x
46Les Constructeurs du Bois S.A. (MLLCB.PA)7/102.7x
47Mahindra Lifespace Developers Limited (MAHLIFE.NS)7/10n.d.
48LAMDA Development S.A. (LAMDA.AT)7/10n.d.
49Kolte-Patil Developers Limited (KOLTEPATIL.NS)7/1014.9x
50Khang Dien House Trading and Investment Joint Stock Company (KDH.VN)7/10n.d.
51PT Jaya Real Property, Tbk. (JRPT.JK)7/1012.2x
52Iep Invest, NV (IEP.BR)7/100.0x
53PT Greenwood Sejahtera Tbk (GWSA.JK)7/10n.d.
54Gateway Real Estate AG (GTY.DE)7/10n.d.
55PT Ingria Pratama Capitalindo Tbk (GRIA.JK)7/1049.4x
56Egeyapi Avrupa Gayrimenkul Yatirim Ortakligi A.S. (EGEGY.IS)7/10n.d.
57DLF Limited (DLF.NS)7/1027.1x
58Valor Estate Limited (DBREALTY.NS)7/105.7x
59Cedar Woods Properties Limited (CWP.AX)7/10n.d.
60Hong Lai Huat Group Limited (CTO.SI)7/10n.d.

Our quality score judges how solid a business is across 10 objective financial criteria (profitability, free cash flow growth, share buybacks, debt, return on capital). The P/FCF (price to free cash flow) shows whether the stock is cheap or expensive. Full method: our methodology.

To place these multiples against sector averages, the reference public sector data is Aswath Damodaran's (NYU Stern).

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