Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 913.29Cr 1.05TCr 851.53Cr 782.26Cr 1.48TCr 1,00100Cr 1.5TCr 10TCr 3.92TCr 50TCr 3.95TCr 3.86TCr 1,65700Cr P/E 2026 *
9.79x
P/E 2027 * 6.7x
Enterprise Value 1.33TCr 1.53TCr 1.24TCr 1.14TCr 2.15TCr 1,45200Cr 2.17TCr 15TCr 5.7TCr 73TCr 5.73TCr 5.61TCr 2,40500Cr EV / Sales 2026 *
21.9x
EV / Sales 2027 * 20.4x
Free-Float
66.64%
Yield 2026 *
2.87%
Yield 2027 * 3.05%
1 day+1.36%
1 week-2.61%
Current month-1.06%
1 month-3.43%
3 months+0.34%
6 months+15.50%
Current year+19.87%
1 week 14.41
Extreme 14.41
15.29
1 month 14.41
Extreme 14.41
15.57
Current year 12.15
Extreme 12.15
15.92
1 year 11.81
Extreme 11.81
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.
19/05/26 Buy

Investor Relations Manager

3,475 0.0006%
18/03/26 Buy

Director

33,705 0.0060%
02/02/26 Buy

Investor Relations Manager

2,750 0.0005%
Change 5-day change 1-year change 3-year change Capi.($)
+1.02%-2.61%+22.73%+76.75% 1.05TCr
-0.91%-3.97%+11.19%+6.90% 5.92TCr
+1.44%-0.73%+54.58%+30.99% 1.75TCr
+0.71%+0.67%+25.80%+113.21% 1.75TCr
0.00%+2.05%+13.70%+23.88% 1.54TCr
-0.05%+1.75%+18.00%+66.81% 1.31TCr
-0.67%-3.39%+35.55%+19.67% 1.07TCr
0.00%+2.82%-6.93%-7.94% 992.82Cr
-7.84%-4.90%-35.71%-60.07% 924.15Cr
+2.45%+3.57%+8.69%+82.15% 751.07Cr
Average -0.24%-0.28%+14.76%+35.23% 1.71TCr
Weighted average by Cap. -0.26%-1.10%+16.42%+30.32%

Financials

2026 *2027 *
Net sales 61Cr 70Cr 56Cr 52Cr 98Cr 6.63TCr 99Cr 665.69Cr 260.23Cr 3.32TCr 261.91Cr 256.17Cr 11TCr 69Cr 80Cr 65Cr 59Cr 112.37Cr 7.6TCr 113.6Cr 762.52Cr 298.08Cr 3.8TCr 300.01Cr 293.43Cr 13TCr
Net income 77Cr 88Cr 71Cr 66Cr 124.14Cr 8.4TCr 125.51Cr 842.41Cr 329.31Cr 4.2TCr 331.44Cr 324.18Cr 14TCr 112.92Cr 130.05Cr 105.28Cr 97Cr 182.92Cr 12TCr 184.93Cr 1.24TCr 485.24Cr 6.18TCr 488.37Cr 477.67Cr 20TCr
Net Debt 412.18Cr 474.7Cr 384.31Cr 353.05Cr 667.7Cr 45TCr 675.03Cr 4.53TCr 1.77TCr 23TCr 1.78TCr 1.74TCr 75TCr 501.23Cr 577.25Cr 467.33Cr 429.31Cr 811.94Cr 55TCr 820.85Cr 5.51TCr 2.15TCr 27TCr 2.17TCr 2.12TCr 91TCr
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
296
Date Price Change Volume
04/26/04 14.90 +1.02% 11,15,749
03/26/03 €14.75 -2.06% 7,78,789
31/26/31 €15.06 +1.35% 10,96,144
30/26/30 €14.86 +2.48% 9,32,961
29/26/29 €14.50 -2.36% 11,98,706
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.90EUR
Average target price
17.44EUR
Spread / Average Target
+17.03%

Quarterly revenue - Rate of surprise