Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 936.06Cr 1.07TCr 865.25Cr 795.78Cr 1.5TCr 1,03000Cr 1.53TCr 10TCr 4.06TCr 50TCr 4.01TCr 3.92TCr 1,73600Cr P/E 2026 *
7.99x
P/E 2027 * 6.94x
Enterprise Value 1.36TCr 1.55TCr 1.26TCr 1.16TCr 2.18TCr 1,49500Cr 2.21TCr 15TCr 5.89TCr 73TCr 5.82TCr 5.69TCr 2,52000Cr EV / Sales 2026 *
22.5x
EV / Sales 2027 * 20.7x
Free-Float
66.64%
Yield 2026 *
2.79%
Yield 2027 * 2.97%
1 day-0.46%
1 week+1.89%
Current month-1.43%
1 month-2.07%
3 months-0.40%
6 months+23.73%
Current year+21.64%
1 week 14.74
Extreme 14.74
15.18
1 month 14.56
Extreme 14.56
15.92
Current year 12.15
Extreme 12.15
15.92
1 year 11.59
Extreme 11.59
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.($)
+0.60%+1.89%+31.71%+78.62% 1.07TCr
-0.81%+1.57%+15.42%+4.09% 6.08TCr
+0.58%+2.01%+28.96%+96.70% 1.72TCr
+0.38%+4.60%+35.46%+14.03% 1.64TCr
+0.82%+1.65%+10.76%+24.12% 1.51TCr
+0.58%+4.80%+16.35%+58.40% 1.24TCr
-0.34%+3.08%+32.66%+21.96% 1.08TCr
+0.80%+0.40%-10.71%-11.03% 963.08Cr
-0.34%+4.10%-35.97%-58.72% 872.22Cr
-1.49%+3.73%+3.60%+98.20% 747.5Cr
Average -0.07%+2.46%+12.82%+32.64% 1.69TCr
Weighted average by Cap. -0.19%+2.19%+15.86%+26.12%

Financials

2026 *2027 *
Net sales 60Cr 69Cr 56Cr 51Cr 97Cr 6.63TCr 98Cr 666.13Cr 261.13Cr 3.24TCr 258.2Cr 252.57Cr 11TCr 69Cr 79Cr 64Cr 59Cr 110.84Cr 7.6TCr 112.62Cr 763.76Cr 299.4Cr 3.72TCr 296.04Cr 289.58Cr 13TCr
Net income 89Cr 101.53Cr 82Cr 76Cr 142.75Cr 9.79TCr 145.04Cr 983.63Cr 385.59Cr 4.79TCr 381.26Cr 372.94Cr 17TCr 104.76Cr 119.52Cr 97Cr 89Cr 168.04Cr 12TCr 170.73Cr 1.16TCr 453.89Cr 5.64TCr 448.8Cr 439.01Cr 19TCr
Net Debt 422.56Cr 482.1Cr 390.59Cr 359.23Cr 677.8Cr 46TCr 688.68Cr 4.67TCr 1.83TCr 23TCr 1.81TCr 1.77TCr 78TCr 497.56Cr 567.67Cr 459.92Cr 422.99Cr 798.1Cr 55TCr 810.91Cr 5.5TCr 2.16TCr 27TCr 2.13TCr 2.09TCr 92TCr
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
20/26/20 €15.12 +0.60% 7,27,653
17/26/17 €15.03 +0.54% 5,32,767
16/26/16 €14.95 -0.27% 5,26,266
15/26/15 €14.99 +0.27% 10,99,791
14/26/14 €14.95 +0.74% 7,06,252
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.12EUR
Average target price
17.45EUR
Spread / Average Target
+15.39%

Quarterly revenue - Rate of surprise