Valuation Trading Multiples & Precedent Transactions: Construction Services and Materials Companies
Valuation benchmarks for Construction Services and Materials Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Construction Services and Materials Companies Market Context & Valuation Drivers
Public companies in this group provide building and infrastructure construction services, engineering consultancy, specialty installation, and supply of core construction materials and equipment. They are comparable because revenues are driven by construction cycles, project backlogs, bid pipelines, and materials pricing/volumes, serving similar residential, commercial, and civil markets. This grouping offers consistent valuation benchmarks for diversified construction services, materials producers, and related equipment suppliers.
Capabilities span EPC contracting, sustainable design and engineering, site preparation and paving, insulation and building systems installation, aggregates mining and processing, asphalt and ready‑mix concrete production, and supply of sand and gravel. Many also manufacture compact and light construction equipment, provide concrete technology and genuine spare parts, and deliver environmental management, water resources solutions, and clean energy project development tied to infrastructure programs.
Primary customers include public infrastructure agencies and transport authorities, commercial developers and general contractors, and residential homebuilders. Key valuation drivers include revenue growth tied to construction starts, backlog and bid-to-win conversion rates, pricing and volume mix in aggregates and asphalt, equipment utilization, and EBITDA margin stability. Analysts assess capital intensity, working capital efficiency, and return on invested capital to benchmark performance across public trading comparables.
2. Valuation Analysis: Public Trading Comps & Multiples for Construction Services and Materials Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Construction Services and Materials Companies sector
Comparable group 1: Construction Services and Materials Companies
Power Construction Corporation of China
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of investment, financing, planning, design, engineering construction, equipment manufacturing, and operation management services for clean and low-carbon energy, water resources, environmental construction, and infrastructure projects globally.
- Key Products:
- Engineering Construction: Comprehensive services for large construction projects
- Clean Energy Solutions: Development of wind, solar, and biomass energy projects
- Water Resources Management: Integrated water environment management services
- Infrastructure Development: Construction of rail transit, smart cities, and municipal projects
- Equipment Manufacturing: Production of equipment for energy and construction projects
Bouygues
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of diversified services operating in construction, energies and services, media, and telecommunications sectors, present in over 80 countries, offering sustainable solutions to essential needs such as housing, transportation, communication, information, and entertainment.
- Key Products:
- Construction Services: Designing, building, and renovating infrastructure and buildings
- Media Services: Operation of television channels and production of audiovisual content
- Telecommunications Services: Mobile voice and data services, internet, and fixed telephony solutions
- Energy Services: Sustainable energy systems and related services for buildings and infrastructure
- Real Estate Development: Real estate development including residential, commercial, and industrial projects