Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 925.54Cr 1.06TCr 855.87Cr 785.49Cr 1.49TCr 1,02000Cr 1.51TCr 10TCr 4TCr 50TCr 3.98TCr 3.89TCr 1,71900Cr P/E 2026 *
7.9x
P/E 2027 * 6.86x
Enterprise Value 1.35TCr 1.54TCr 1.25TCr 1.14TCr 2.17TCr 1,48600Cr 2.2TCr 15TCr 5.83TCr 73TCr 5.79TCr 5.66TCr 2,50400Cr EV / Sales 2026 *
22.4x
EV / Sales 2027 * 20.6x
Free-Float
66.64%
Yield 2026 *
2.82%
Yield 2027 * 3%
1 day-0.27%
1 week+1.84%
Current month-2.54%
1 month-2.86%
3 months-1.77%
6 months+20.66%
Current year+20.27%
1 week 14.67
Extreme 14.67
15.13
1 month 14.56
Extreme 14.56
15.92
Current year 12.15
Extreme 12.15
15.92
1 year 11.37
Extreme 11.37
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.($)
-0.27%+1.84%+31.60%+82.21% 1.06TCr
+3.94%+3.99%+16.04%+8.11% 5.9TCr
+0.39%+2.78%+29.05%+95.97% 1.7TCr
+2.60%+2.20%+34.96%+19.46% 1.57TCr
-0.41%+1.66%+10.36%+24.37% 1.52TCr
+1.09%+4.56%+13.98%+55.24% 1.2TCr
+2.55%+4.09%+34.81%+25.02% 1.06TCr
-0.40%-0.40%-9.82%-12.06% 964.48Cr
+2.96%+4.37%-35.15%-58.07% 848.69Cr
+2.28%+7.09%+5.79%+117.39% 749.57Cr
Average +1.05%+1.72%+13.16%+35.76% 1.66TCr
Weighted average by Cap. +0.61%+1.18%+16.11%+29.32%

Financials

2026 *2027 *
Net sales 60Cr 69Cr 56Cr 51Cr 97Cr 6.64TCr 99Cr 665.19Cr 260.71Cr 3.25TCr 258.91Cr 253.25Cr 11TCr 69Cr 79Cr 64Cr 59Cr 111.01Cr 7.62TCr 112.97Cr 762.67Cr 298.92Cr 3.73TCr 296.86Cr 290.36Cr 13TCr
Net income 89Cr 101.84Cr 82Cr 76Cr 142.97Cr 9.81TCr 145.5Cr 982.23Cr 384.97Cr 4.8TCr 382.32Cr 373.96Cr 17TCr 104.76Cr 119.88Cr 97Cr 89Cr 168.29Cr 12TCr 171.27Cr 1.16TCr 453.17Cr 5.65TCr 450.05Cr 440.2Cr 19TCr
Net Debt 422.56Cr 483.55Cr 390.75Cr 358.62Cr 678.84Cr 47TCr 690.85Cr 4.66TCr 1.83TCr 23TCr 1.82TCr 1.78TCr 78TCr 497.56Cr 569.38Cr 460.11Cr 422.27Cr 799.32Cr 55TCr 813.46Cr 5.49TCr 2.15TCr 27TCr 2.14TCr 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
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
13/26/13 €14.84 -1.40% 8,02,912
10/26/10 €15.05 +1.01% 7,16,924
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.95EUR
Average target price
17.45EUR
Spread / Average Target
+16.70%

Quarterly revenue - Rate of surprise