Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 873.05Cr 1.02TCr 816.89Cr 747.77Cr 1.4TCr 98TCr 1.42TCr 9.65TCr 3.76TCr 49TCr 3.83TCr 3.74TCr 1,62000Cr P/E 2026 *
8.37x
P/E 2027 * 6.55x
Enterprise Value 1.28TCr 1.5TCr 1.2TCr 1.1TCr 2.06TCr 1,43500Cr 2.09TCr 14TCr 5.54TCr 72TCr 5.63TCr 5.51TCr 2,38400Cr EV / Sales 2026 *
21.2x
EV / Sales 2027 * 19.8x
Free-Float
66.64%
Yield 2026 *
3.03%
Yield 2027 * 3.19%
1 day+0.21%
1 week-2.83%
Current month-6.37%
1 month-6.50%
3 months-4.15%
6 months+1.95%
Current year+13.44%
1 week 13.85
Extreme 13.85
14.52
1 month 13.85
Extreme 13.85
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.($)
+0.21%-2.83%+10.33%+81.58% 1.02TCr
-0.90%-0.22%+5.07%+11.33% 5.9TCr
+0.04%-0.35%+50.68%+37.68% 1.77TCr
0.00%-0.43%+13.62%+121.14% 1.74TCr
+0.84%-1.23%+6.67%+27.66% 1.5TCr
+0.73%0.00%+9.97%+66.18% 1.3TCr
-0.43%-1.39%+21.21%+21.82% 1.01TCr
+1.23%+0.82%-7.87%-8.89% 967.82Cr
+1.04%+11.11%-30.90%-53.19% 932.05Cr
-2.02%-2.87%+4.73%+79.87% 707.3Cr
Average +0.31%+0.08%+8.35%+38.52% 1.69TCr
Weighted average by Cap. +0.68%-0.08%+9.79%+34.13%

Financials

2026 *2027 *
Net sales 61Cr 71Cr 57Cr 52Cr 97Cr 6.77TCr 99Cr 670.17Cr 261.35Cr 3.4TCr 265.74Cr 259.96Cr 11TCr 69Cr 81Cr 65Cr 59Cr 111.6Cr 7.75TCr 113.07Cr 767.51Cr 299.31Cr 3.9TCr 304.34Cr 297.72Cr 13TCr
Net income 77Cr 89Cr 72Cr 66Cr 123.19Cr 8.56TCr 124.81Cr 847.19Cr 330.38Cr 4.3TCr 335.93Cr 328.62Cr 14TCr 112.92Cr 131.82Cr 105.66Cr 97Cr 181.51Cr 13TCr 183.91Cr 1.25TCr 486.8Cr 6.34TCr 494.99Cr 484.22Cr 21TCr
Net Debt 411.55Cr 480.45Cr 385.08Cr 352.49Cr 661.53Cr 46TCr 670.27Cr 4.55TCr 1.77TCr 23TCr 1.8TCr 1.76TCr 76TCr 500.11Cr 583.83Cr 467.94Cr 428.35Cr 803.88Cr 56TCr 814.5Cr 5.53TCr 2.16TCr 28TCr 2.19TCr 2.14TCr 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
296
Date Price Change Volume
21/26/21 €14.10 +0.21% 6,46,746
20/26/20 €14.07 +1.15% 7,64,193
19/26/19 €13.91 -1.56% 9,55,567
18/26/18 €14.13 -1.46% 6,49,184
17/26/17 €14.34 -1.17% 6,74,044
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.10EUR
Average target price
17.39EUR
Spread / Average Target
+23.36%

Quarterly revenue - Rate of surprise