Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 932.49Cr 1.07TCr 867.95Cr 796.88Cr 1.5TCr 1,02400Cr 1.53TCr 10TCr 4.02TCr 51TCr 4.03TCr 3.94TCr 1,70900Cr P/E 2026 *
10x
P/E 2027 * 6.84x
Enterprise Value 1.35TCr 1.55TCr 1.25TCr 1.15TCr 2.17TCr 1,47700Cr 2.2TCr 15TCr 5.79TCr 74TCr 5.81TCr 5.68TCr 2,46600Cr EV / Sales 2026 *
22.2x
EV / Sales 2027 * 20.7x
Free-Float
66.64%
Yield 2026 *
2.8%
Yield 2027 * 2.98%
1 day+1.35%
1 week-1.83%
1 month-1.63%
3 months+1.41%
6 months+20.38%
Current year+21.16%
1 week 14.41
Extreme 14.41
15.57
1 month 14.41
Extreme 14.41
15.58
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.($)
+1.35%-1.83%+24.05%+78.86% 1.07TCr
-0.45%-2.64%+12.90%+5.08% 5.96TCr
-0.17%-1.43%+53.03%+27.85% 1.76TCr
+0.77%+0.43%+25.09%+105.91% 1.75TCr
-.--%+2.05%+13.70%+22.06% 1.54TCr
-0.41%+1.81%+17.22%+64.26% 1.3TCr
-.--%-1.58%+36.95%+22.58% 1.07TCr
-0.39%+3.21%-6.20%-9.51% 1TCr
-1.98%+1.00%-32.31%-57.85% 896.62Cr
-1.89%-0.83%+4.65%+74.91% 740.92Cr
Average -0.32%+0.39%+14.91%+33.42% 1.71TCr
Weighted average by Cap. -0.25%-0.51%+17.04%+28.38%

Financials

2026 *2027 *
Net sales 61Cr 70Cr 56Cr 52Cr 98Cr 6.65TCr 99Cr 664.28Cr 260.71Cr 3.31TCr 261.57Cr 255.83Cr 11TCr 69Cr 80Cr 65Cr 59Cr 111.93Cr 7.62TCr 113.66Cr 760.97Cr 298.66Cr 3.79TCr 299.65Cr 293.07Cr 13TCr
Net income 81Cr 93Cr 75Cr 69Cr 130.5Cr 8.88TCr 132.52Cr 887.21Cr 348.2Cr 4.42TCr 349.36Cr 341.68Cr 15TCr 108.69Cr 125.03Cr 101.16Cr 93Cr 175.4Cr 12TCr 178.12Cr 1.19TCr 468.01Cr 5.94TCr 469.56Cr 459.24Cr 20TCr
Net Debt 412.68Cr 474.73Cr 384.12Cr 352.67Cr 665.99Cr 45TCr 676.3Cr 4.53TCr 1.78TCr 23TCr 1.78TCr 1.74TCr 76TCr 504.03Cr 579.81Cr 469.14Cr 430.73Cr 813.4Cr 55TCr 826Cr 5.53TCr 2.17TCr 28TCr 2.18TCr 2.13TCr 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
296
Date Price Change Volume
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
28/26/28 €14.85 -2.94% 13,96,302
27/26/27 €15.30 -0.26% 6,79,857
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.06EUR
Average target price
17.48EUR
Spread / Average Target
+16.10%

Quarterly revenue - Rate of surprise