Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 947.35Cr 1.08TCr 882.18Cr 811.4Cr 1.52TCr 1,03100Cr 1.55TCr 10TCr 4.1TCr 51TCr 4.05TCr 3.97TCr 1,76700Cr P/E 2026 *
8.08x
P/E 2027 * 7.02x
Enterprise Value 1.34TCr 1.52TCr 1.25TCr 1.15TCr 2.15TCr 1,45600Cr 2.18TCr 15TCr 5.78TCr 72TCr 5.72TCr 5.6TCr 2,49500Cr EV / Sales 2026 *
22.5x
EV / Sales 2027 * 20.9x
Free-Float
66.64%
Yield 2026 *
2.72%
Yield 2027 * 2.93%
1 day-2.68%
1 week-1.53%
Current month-3.19%
1 month-3.82%
3 months+0.34%
6 months+16.75%
Current year+19.47%
1 week 14.67
Extreme 14.67
15.57
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.($)
-2.94%-1.53%+26.06%+76.58% 1.08TCr
+0.69%+1.70%+16.24%+7.52% 6.11TCr
+1.57%+14.72%+52.00%+32.25% 1.77TCr
+0.57%+1.93%+27.59%+108.35% 1.73TCr
+1.23%+0.82%+11.76%+20.49% 1.5TCr
+0.46%+2.89%+17.42%+62.65% 1.27TCr
-0.09%+1.23%+36.42%+25.96% 1.1TCr
+2.82%+2.41%-8.60%-10.21% 959.63Cr
+4.31%+5.83%-32.31%-57.66% 895.57Cr
+1.57%+0.56%+3.22%+81.47% 742.99Cr
Average +1.01%+1.25%+14.98%+34.74% 1.71TCr
Weighted average by Cap. +0.84%+1.17%+18.18%+29.76%

Financials

2026 *2027 *
Net sales 60Cr 68Cr 56Cr 51Cr 96Cr 6.51TCr 98Cr 660.69Cr 258.6Cr 3.23TCr 255.83Cr 250.3Cr 11TCr 69Cr 79Cr 64Cr 59Cr 110.89Cr 7.52TCr 112.79Cr 763Cr 298.65Cr 3.73TCr 295.45Cr 289.06Cr 13TCr
Net income 97Cr 110.62Cr 90Cr 83Cr 155.87Cr 11TCr 158.54Cr 1.07TCr 419.79Cr 5.24TCr 415.29Cr 406.32Cr 18TCr 109.63Cr 124.93Cr 102.09Cr 94Cr 176.02Cr 12TCr 179.04Cr 1.21TCr 474.08Cr 5.92TCr 468.99Cr 458.86Cr 20TCr
Net Debt 390.1Cr 444.51Cr 363.27Cr 334.12Cr 626.33Cr 42TCr 637.07Cr 4.31TCr 1.69TCr 21TCr 1.67TCr 1.63TCr 73TCr 497.56Cr 566.95Cr 463.33Cr 426.16Cr 798.86Cr 54TCr 812.56Cr 5.5TCr 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
28/26/28 14.85 -2.94% 13,96,302
27/26/27 €15.30 -0.26% 6,79,857
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
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.30EUR
Average target price
17.45EUR
Spread / Average Target
+14.03%

Quarterly revenue - Rate of surprise