Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 913.29Cr 1.05TCr 852.66Cr 782.76Cr 1.48TCr 1,00200Cr 1.5TCr 10TCr 3.94TCr 50TCr 3.95TCr 3.86TCr 1,64800Cr P/E 2026 *
9.79x
P/E 2027 * 6.7x
Enterprise Value 1.33TCr 1.53TCr 1.24TCr 1.14TCr 2.14TCr 1,45400Cr 2.18TCr 15TCr 5.71TCr 72TCr 5.73TCr 5.6TCr 2,39100Cr EV / Sales 2026 *
21.9x
EV / Sales 2027 * 20.4x
Free-Float
66.64%
Yield 2026 *
2.87%
Yield 2027 * 3.05%
1 day+1.39%
1 week+0.67%
Current month-0.73%
1 month-1.64%
3 months+3.46%
6 months+16.43%
Current year+20.27%
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.($)
+1.39%+0.67%+20.18%+76.40% 1.05TCr
-0.61%-3.08%+12.21%+7.89% 5.92TCr
+0.73%-2.99%+50.44%+29.64% 1.75TCr
+0.43%-0.19%+22.79%+109.61% 1.75TCr
0.00%+0.81%+11.16%+25.13% 1.54TCr
+0.76%+2.10%+15.91%+66.33% 1.31TCr
-0.35%-2.74%+36.46%+20.48% 1.07TCr
0.00%0.00%-8.93%-6.25% 992.82Cr
+3.07%+3.19%-30.23%-56.67% 924.15Cr
+1.37%+1.09%+6.08%+77.78% 751.07Cr
Average +0.35%-0.28%+13.61%+35.03% 1.71TCr
Weighted average by Cap. +0.16%-1.10%+15.62%+30.35%

Financials

2026 *2027 *
Net sales 61Cr 70Cr 57Cr 52Cr 98Cr 6.64TCr 100Cr 666.67Cr 261.1Cr 3.31TCr 261.73Cr 255.94Cr 11TCr 69Cr 80Cr 65Cr 59Cr 112.1Cr 7.61TCr 114.06Cr 763.64Cr 299.08Cr 3.79TCr 299.81Cr 293.16Cr 13TCr
Net income 77Cr 88Cr 72Cr 66Cr 123.85Cr 8.4TCr 126.01Cr 843.65Cr 330.41Cr 4.19TCr 331.22Cr 323.88Cr 14TCr 112.92Cr 129.93Cr 105.42Cr 97Cr 182.49Cr 12TCr 185.67Cr 1.24TCr 486.86Cr 6.18TCr 488.04Cr 477.23Cr 20TCr
Net Debt 412.18Cr 474.26Cr 384.82Cr 353.27Cr 666.11Cr 45TCr 677.72Cr 4.54TCr 1.78TCr 23TCr 1.78TCr 1.74TCr 74TCr 501.23Cr 576.72Cr 467.95Cr 429.59Cr 810.01Cr 55TCr 824.13Cr 5.52TCr 2.16TCr 27TCr 2.17TCr 2.12TCr 90TCr
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 14.96 +1.42% 1,16,570
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
14.75EUR
Average target price
17.44EUR
Spread / Average Target
+18.22%

Quarterly revenue - Rate of surprise