Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 861.28Cr 1TCr 804.24Cr 737.87Cr 1.39TCr 96TCr 1.41TCr 9.49TCr 3.72TCr 48TCr 3.77TCr 3.69TCr 1,59100Cr P/E 2026 *
8.26x
P/E 2027 * 6.46x
Enterprise Value 1.27TCr 1.48TCr 1.19TCr 1.09TCr 2.05TCr 1,41800Cr 2.08TCr 14TCr 5.49TCr 71TCr 5.57TCr 5.45TCr 2,35200Cr EV / Sales 2026 *
21x
EV / Sales 2027 * 19.6x
Free-Float
66.64%
Yield 2026 *
3.07%
Yield 2027 * 3.23%
1 day-1.56%
1 week-4.27%
Current month-7.64%
1 month-7.45%
3 months-4.33%
6 months+2.13%
Current year+11.91%
1 week 13.85
Extreme 13.85
14.73
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.($)
-1.56%-4.27%+8.16%+75.63% 1.01TCr
+1.19%+1.71%+8.78%+10.63% 5.87TCr
+0.25%+0.82%+52.45%+36.53% 1.75TCr
+1.03%-0.77%+12.73%+117.48% 1.7TCr
-0.84%-5.58%+8.72%+24.74% 1.49TCr
-0.31%-2.78%+10.39%+62.90% 1.28TCr
+0.07%+0.70%+25.41%+21.92% 1.02TCr
-0.41%-3.59%-9.70%-10.70% 949.44Cr
+10.27%+5.05%-34.53%-56.08% 798.75Cr
+1.67%-1.08%+4.29%+81.90% 704.87Cr
Average +1.14%-2.07%+8.67%+36.49% 1.66TCr
Weighted average by Cap. +0.91%-1.22%+11.57%+32.89%

Financials

2026 *2027 *
Net sales 61Cr 71Cr 57Cr 52Cr 98Cr 6.75TCr 99Cr 667.97Cr 261.56Cr 3.39TCr 265.36Cr 259.59Cr 11TCr 69Cr 81Cr 65Cr 59Cr 111.85Cr 7.74TCr 113.69Cr 764.99Cr 299.55Cr 3.88TCr 303.91Cr 297.29Cr 13TCr
Net income 77Cr 89Cr 72Cr 66Cr 123.46Cr 8.54TCr 125.5Cr 844.4Cr 330.65Cr 4.28TCr 335.45Cr 328.16Cr 14TCr 112.92Cr 131.64Cr 105.44Cr 97Cr 181.92Cr 13TCr 184.91Cr 1.24TCr 487.2Cr 6.31TCr 494.28Cr 483.53Cr 21TCr
Net Debt 411.55Cr 479.77Cr 384.29Cr 352.58Cr 663.02Cr 46TCr 673.94Cr 4.53TCr 1.78TCr 23TCr 1.8TCr 1.76TCr 76TCr 500.11Cr 583.01Cr 466.99Cr 428.45Cr 805.7Cr 56TCr 818.96Cr 5.51TCr 2.16TCr 28TCr 2.19TCr 2.14TCr 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
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
14/26/14 €14.51 -0.34% 6,21,357
13/26/13 €14.56 0.00% 6,14,106
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
13.91EUR
Average target price
17.39EUR
Spread / Average Target
+25.05%

Quarterly revenue - Rate of surprise