Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 942.25Cr 1.07TCr 875.35Cr 805.08Cr 1.51TCr 1,03800Cr 1.54TCr 10TCr 4.08TCr 51TCr 4.02TCr 3.94TCr 1,75600Cr P/E 2026 *
8.04x
P/E 2027 * 6.99x
Enterprise Value 1.36TCr 1.55TCr 1.27TCr 1.17TCr 2.19TCr 1,50300Cr 2.23TCr 15TCr 5.91TCr 73TCr 5.83TCr 5.7TCr 2,54300Cr EV / Sales 2026 *
22.6x
EV / Sales 2027 * 20.8x
Free-Float
66.64%
Yield 2026 *
2.77%
Yield 2027 * 2.95%
1 day+0.46%
1 week+1.53%
Current month-0.78%
1 month-2.56%
3 months+1.13%
6 months+23.54%
Current year+22.45%
1 week 14.91
Extreme 14.91
15.46
1 month 14.56
Extreme 14.56
15.92
Current year 12.15
Extreme 12.15
15.92
1 year 11.68
Extreme 11.68
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
Director/Board Member - 06/06/2014
Director/Board Member - 11/06/2014
Director/Board Member 62 10/06/2014
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.($)
+0.46%+1.53%+30.53%+78.95% 1.07TCr
-0.48%+2.31%+11.89%+3.14% 6.06TCr
+0.10%+1.50%+27.87%+97.92% 1.72TCr
+6.50%+10.63%+42.65%+21.36% 1.62TCr
+0.40%+0.81%+11.21%+24.62% 1.52TCr
+0.52%+4.13%+15.99%+58.72% 1.24TCr
-0.18%+2.12%+29.98%+20.90% 1.08TCr
+0.40%+1.20%-10.00%-10.32% 971.27Cr
+0.97%+2.92%-37.89%-59.33% 865.07Cr
+1.27%-2.13%-1.94%+92.02% 724.36Cr
Average +1.00%+1.48%+12.03%+32.80% 1.69TCr
Weighted average by Cap. +0.68%+2.04%+14.65%+26.37%

Financials

2026 *2027 *
Net sales 60Cr 69Cr 56Cr 51Cr 97Cr 6.64TCr 98Cr 669.52Cr 261.15Cr 3.24TCr 257.26Cr 251.7Cr 11TCr 69Cr 79Cr 64Cr 59Cr 110.72Cr 7.61TCr 112.71Cr 767.64Cr 299.42Cr 3.71TCr 294.96Cr 288.58Cr 13TCr
Net income 89Cr 101.19Cr 83Cr 76Cr 142.6Cr 9.8TCr 145.15Cr 988.63Cr 385.62Cr 4.78TCr 379.88Cr 371.66Cr 17TCr 104.76Cr 119.11Cr 97Cr 90Cr 167.86Cr 12TCr 170.87Cr 1.16TCr 453.92Cr 5.63TCr 447.17Cr 437.5Cr 20TCr
Net Debt 422.56Cr 480.45Cr 392.55Cr 361.04Cr 677.07Cr 47TCr 689.21Cr 4.69TCr 1.83TCr 23TCr 1.8TCr 1.76TCr 79TCr 497.56Cr 565.73Cr 462.23Cr 425.12Cr 797.25Cr 55TCr 811.54Cr 5.53TCr 2.16TCr 27TCr 2.12TCr 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
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
17/26/17 €15.03 +0.54% 5,32,767
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.22EUR
Average target price
17.45EUR
Spread / Average Target
+14.63%

Quarterly revenue - Rate of surprise