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← CockpitCompetitor Analysis › DOM.WA Dom Development S.A.Open in the cockpit ↗

Dom Development S.A.DOM.WACompetitor analysis, valuation and peers

Poland · PLN·Real Estate›Real Estate Development

Poland's largest residential real estate developer, building apartments primarily in Warsaw and other major Polish cities.

≈ Poland's largest homebuilder, focused on apartments in WarsawMomentum neutral 42
Mkt cap
$1.59B
US dollars, full cap
Free float
32%
of shares outstanding
$/day
$384,485
20-day average traded
Fwd P/E
9.1×
forward earnings
ROIC−WACC
n/a
WACC 7.7%
Hurdle
n/a
no reverse DCF
Next earnings
13 days
19 Nov 2026
Close · PLNPLN 241.50
1D-0.2%
1W-0.6%
1M+4.1%
3M-5.5%
6M-6.4%
YTD-5.3%
1Y-4.2%
ATR %2.7%
52w lowhigh15.1% off high

What Dom Development does

Poland's largest residential real estate developer, building apartments primarily in Warsaw and other major Polish cities.

Revenue is recorded when apartments are handed over to buyers, so reported profit lags sales by the build time of each project, and it buys land ahead of building, which gives it a future pipeline. Buyers often use mortgages, so lending rates affect demand.

In one line: Poland's largest homebuilder, focused on apartments in Warsaw.

Products and services

  • Residential apartment development
  • Land banking

Customers

  • Individual homebuyers in Warsaw and major Polish c

Where it sits in the supply chain

  • Real estate
  • Residential development
  • Apartment construction & sale

What could go right

  • Polish housing demand/urbanization
  • Mortgage rate environment

What could go wrong

  • Interest rate sensitivity of homebuyers
  • Construction cost inflation

Moat: narrow (scale, brand, distribution). Largest land bank and brand recognition among Polish residential developers.

Headquarters: Warsaw, Poland · Founded: 1996

Named competitors

Dom Development at a glance

Size Dom Development (DOM.WA) is a Poland Real Estate company (Real Estate Development) with a market value of $1.59B, the 33rd largest of 83 Poland companies the cockpit tracks. Shares closed at PLN 241.50 on 6 Nov 2026.

Performance Over six months the shares fell 6.4%, against -12.8% for the median peer and +14.3% for the Poland market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 13.9% over the last twelve months (peer median +5.4%); the operating margin is 23.9% (peer median 15.1%).

Valuation It trades at 9.1× forward earnings against a peer median of 13.7× (cheapest of 14).

Next results Next results expected around 19 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026DOM.WA 95Peer median 87
Six months, rebased to 100: Dom Development against the median of its 20 peers (local-currency closes).

Dom Development financials

Reported figures in PLN; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenuePLN 3.52BPLN 3.26BPLN 3.17BPLN 2.55BPLN 2.42B
Revenue growth—+3%+24%+5%—
Gross profitPLN 1.15BPLN 1.12BPLN 1.02BPLN 815MPLN 756M
EBITDAPLN 869MPLN 835MPLN 732MPLN 580MPLN 529M
Net incomePLN 667MPLN 654MPLN 569MPLN 460MPLN 410M
Free cash flow-PLN 178MPLN 189MPLN 357MPLN 250MPLN 174M
Capital expenditurePLN 25.1MPLN 24.5MPLN 21.5MPLN 17.3MPLN 29.3M
Total debtPLN 988MPLN 846MPLN 735MPLN 654MPLN 478M

Quarterly statements and history in the cockpit →

Dom Development competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-20%0%+20%600648YCPS0123ALTRAHIAG2923JDAN600094001700065613966001622869INTEA-B3900F17ATRLJ-BDOM.WA6-month return →1-month return →
Up and to the right = strong over both horizons. Dom Development is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×6006480123ALTRAHIAGRLIA13962869INTEA-B3900NP3F17601512DOM.WARevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Dom Development is the large dot.

Dom Development competitors and peer comparison

Head to head with its named competitors (DOM.WA vs ECH.WA vs 1AT.WA vs DVL.WA)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Dom Development DOM.WA$1.59B-6%+14%24%9.1×n/a
Echo Investment ECH.WA$569M+11%+120%19%10.1×n/a
Atal 1AT.WA$668M-5%+40%26%5.7×-3.9%
Develia DVL.WA$947M-26%+70%23%8.1×n/a

How Dom Development compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Dom Development against its 20 peers (data as of 6 Nov 2026)
MeasureDOM.WAPeer medianRank in peer set
1-month return+4.1%-0.4%8th highest of 21
6-month return-6.4%-12.8%9th highest of 21
Distance from 52-week high-15.1%-27.4%7th highest of 21
Revenue growth (TTM)+13.9%+5.4%7th highest of 21
Operating margin23.9%15.1%10th highest of 21
Forward P/E9.1×13.7×cheapest of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Dom Development DOM.WAPoland$1.59B-6%+14%24%9.1×n/an/a
Shanghai Waigaoqiao Free Trade Zone 600648.SSChina$1.60B-15%-3%8%12.1×n/an/a
Castellana Properties Socimi YCPS.MCSpain$1.57B-4%+59%63%n/an/an/a
Yuexiu Property 0123.HKHong Kong$1.55B-30%-21%0%52.6×n/an/a
Altra Fastigheter ALTRA.STSweden$1.64B+18%-2%64%11.8×n/an/a
HIAG Immobilien HIAG.SWSwitzerland$1.64B-2%+96%50%15.4×n/an/a
Sino Horizon 2923.TWTaiwan$1.65B+40%+63%47%n/an/an/a
Jeudan A/S JDAN.CODenmark$1.66B0%+3%62%n/an/an/a
GreatTown 600094.SSChina$1.51B-2%-36%4%n/an/an/a
New World Development 0017.HKHong Kong$1.68B-46%+10%-8%n/an/an/a
Jinke Property 000656.SZChina$1.68B-24%-87%-1,642%n/an/an/a
Realia Business RLIA.MCSpain$1.68B-3%+82%41%13.7×n/an/a
Greater Bay Area AI Computing Tech 1396.HKHong Kong$1.70B-41%+76%-6%15.6×n/an/a
Shenzhen Heungkong 600162.SSChina$1.48B+63%-25%-1%n/an/an/a
Greentown Service 2869.HKHong Kong$1.74B-9%+13%7%11.2×n/an/a
Intea Fastigheter INTEA-B.STSweden$1.45B-11%+28%79%14.4×n/an/a
Greentown China 3900.HKHong Kong$1.74B-48%+1%3%43.6×n/an/a
NP3 Fastigheter NP3.STSweden$1.45B-14%+11%72%13.9×n/an/a
GuocoLand F17.SISingapore$1.75B-16%-24%7%11.5×n/an/a
Atrium Ljungberg ATRLJ-B.STSweden$1.45B-24%+8%55%12.3×n/an/a
China-Singapore Suzhou Industrial Park Development 601512.SSChina$1.75B-23%-32%22%10.8×n/an/a

Questions

Who are Dom Development's main competitors?
Named competitors: Echo Investment (ECH.WA), Atal SA (1AT.WA), Develia (DVL.WA). The cockpit's measured peer set (industry) also includes Shanghai Waigaoqiao Free Trade Zone (600648.SS), Castellana Properties Socimi (YCPS.MC), Yuexiu Property (0123.HK), Altra Fastigheter (ALTRA.ST), HIAG Immobilien (HIAG.SW), Sino Horizon (2923.TW).
Is Dom Development expensive compared with its peers?
On forward p/e it trades at 9.1× against a peer median of 13.7×, cheapest of 14 in its peer set.
How has Dom Development stock performed?
Over six months to 6 Nov 2026 the shares returned -6.4% against -12.8% for the median peer; over one year -4.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.