Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 949.68Cr 1.08TCr 883.18Cr 810.44Cr 1.52TCr 1,04100Cr 1.55TCr 10TCr 4.1TCr 51TCr 4.06TCr 3.97TCr 1,77000Cr P/E 2026 *
8.11x
P/E 2027 * 7.04x
Enterprise Value 1.37TCr 1.56TCr 1.28TCr 1.17TCr 2.2TCr 1,50500Cr 2.23TCr 15TCr 5.92TCr 74TCr 5.87TCr 5.74TCr 2,55800Cr EV / Sales 2026 *
22.8x
EV / Sales 2027 * 20.9x
Free-Float
66.64%
Yield 2026 *
2.75%
Yield 2027 * 2.92%
1 day+0.79%
1 week+2.06%
1 month-2.60%
3 months+2.13%
6 months+24.11%
Current year+23.41%
1 week 14.91
Extreme 14.91
15.46
1 month 14.56
Extreme 14.56
15.61
Current year 12.15
Extreme 12.15
15.92
1 year 11.72
Extreme 11.72
15.92
3 years 7.46
Extreme 7.455
15.92
5 years 7.24
Extreme 7.24
15.92
10 years 5.54
Extreme 5.54
15.92
Manager TitleAgeSince
Chief Executive Officer - 27/05/2014
Compliance Officer - 01/10/2017
Director of Finance/CFO - 27/05/2014
Director TitleAgeSince
Chairman - 27/05/2014
Director/Board Member - 27/05/2014
Director/Board Member - 06/06/2014
Date Insider Type Main position Quantity % Market Cap.
25/05/26 Sell -21,353 0.0034%
25/05/26 Sell -21,353 0.0034%
25/05/26 Sell -21,353 0.0034%
Change 5-day change 1-year change 3-year change Capi.($)
+0.79%+2.06%+29.23%+81.86% 1.08TCr
+1.36%-0.17%+13.06%+3.52% 6.12TCr
+0.14%+1.16%+27.12%+99.49% 1.72TCr
+2.71%+9.09%+48.92%+25.35% 1.77TCr
-1.61%-1.21%+10.91%+22.00% 1.5TCr
+0.89%+2.28%+15.83%+61.34% 1.26TCr
+1.00%+0.05%+33.12%+22.22% 1.09TCr
-1.19%-0.80%-11.07%-11.07% 964.1Cr
+1.64%+1.43%-37.92%-58.62% 887.73Cr
+1.85%-1.54%+0.43%+90.41% 747.12Cr
Average +0.76%+1.23%+12.96%+33.65% 1.71TCr
Weighted average by Cap. +0.92%+1.15%+15.93%+27.16%

Financials

2026 *2027 *
Net sales 60Cr 69Cr 56Cr 51Cr 97Cr 6.61TCr 98Cr 665.56Cr 260.03Cr 3.25TCr 257.6Cr 252.05Cr 11TCr 69Cr 79Cr 64Cr 59Cr 110.8Cr 7.58TCr 112.51Cr 763.1Cr 298.14Cr 3.72TCr 295.35Cr 288.99Cr 13TCr
Net income 89Cr 101.33Cr 83Cr 76Cr 142.7Cr 9.76TCr 144.9Cr 982.79Cr 383.96Cr 4.8TCr 380.38Cr 372.18Cr 17TCr 104.76Cr 119.28Cr 97Cr 89Cr 167.97Cr 11TCr 170.56Cr 1.16TCr 451.98Cr 5.65TCr 447.76Cr 438.11Cr 20TCr
Net Debt 422.56Cr 481.11Cr 392.97Cr 360.6Cr 677.54Cr 46TCr 687.99Cr 4.67TCr 1.82TCr 23TCr 1.81TCr 1.77TCr 79TCr 497.56Cr 566.5Cr 462.72Cr 424.61Cr 797.8Cr 55TCr 810.1Cr 5.49TCr 2.15TCr 27TCr 2.13TCr 2.08TCr 93TCr
Logo Merlin Properties SOCIMI, S.A.
Merlin Properties SOCIMI, S.A. is a listed Real Estate Investment Trust (REIT). The Company acquires, actively manages, invests and selectively rotates commercial real estate assets in Spain and Portugal. Rental income breaks down by type of asset between offices (53.2%), shopping centres (24.4%), logistics sites (16.2%), data centres (6.1%) and other (0.1%). In 2025, the asset portfolio of Merlin Properties SOCIMI, S.A. was worth EUR 12 billion and generated EUR 509.8 million of rental income. The company aims to remunerate the shareholders through a combination of annual dividend distribution and value enhancement of the EPRA NAV of the Company.
Employees
295
Date Price Change Volume
24/26/24 €15.34 +0.79% 5,99,188
23/26/23 €15.22 +0.46% 9,05,039
22/26/22 €15.15 +0.46% 6,06,164
21/26/21 €15.08 -0.26% 6,87,165
20/26/20 €15.12 +0.60% 7,27,653
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.34EUR
Average target price
17.45EUR
Spread / Average Target
+13.73%

Quarterly revenue - Rate of surprise