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 1.34TCr 1.55TCr 1.25TCr 1.15TCr 2.17TCr 1,47700Cr 2.2TCr 15TCr 5.79TCr 74TCr 5.81TCr 5.68TCr 2,46500Cr EV / Sales 2026 *
22.2x
EV / Sales 2027 * 20.7x
Free-Float
66.64%
Yield 2026 *
2.81%
Yield 2027 * 2.98%
1 day-0.86%
1 week-2.35%
Current month-0.80%
1 month-3.18%
3 months+3.39%
6 months+15.81%
Current year+20.19%
1 week 14.41
Extreme 14.41
15.57
1 month 14.41
Extreme 14.41
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.($)
-0.86%-2.35%+20.10%+77.22% 1.07TCr
-0.87%-2.64%+12.90%+5.80% 5.96TCr
-0.44%-1.73%+50.03%+29.67% 1.76TCr
+0.81%+0.90%+23.43%+113.71% 1.75TCr
-0.80%+1.23%+10.27%+22.89% 1.54TCr
+0.46%+1.54%+14.75%+66.47% 1.3TCr
-.--%-1.58%+36.95%+23.18% 1.08TCr
-0.78%+2.42%-9.29%-8.30% 1TCr
-1.98%+1.00%-32.31%-57.90% 896.62Cr
-1.89%-0.83%+4.65%+73.60% 740.92Cr
Average -0.67%+0.02%+13.15%+34.63% 1.71TCr
Weighted average by Cap. -0.60%-0.71%+15.64%+29.80%

Financials

2026 *2027 *
Net sales 61Cr 70Cr 56Cr 52Cr 98Cr 6.66TCr 99Cr 665.58Cr 261.22Cr 3.32TCr 262.08Cr 256.33Cr 11TCr 69Cr 80Cr 65Cr 59Cr 111.91Cr 7.62TCr 113.65Cr 760.85Cr 298.61Cr 3.79TCr 299.6Cr 293.02Cr 13TCr
Net income 86Cr 99Cr 80Cr 74Cr 139.14Cr 9.47TCr 141.3Cr 945.97Cr 371.27Cr 4.71TCr 372.5Cr 364.31Cr 16TCr 116.23Cr 133.71Cr 108.19Cr 99Cr 187.57Cr 13TCr 190.48Cr 1.28TCr 500.49Cr 6.35TCr 502.14Cr 491.11Cr 21TCr
Net Debt 412.18Cr 474.16Cr 383.65Cr 352.24Cr 665.18Cr 45TCr 675.48Cr 4.52TCr 1.77TCr 23TCr 1.78TCr 1.74TCr 76TCr 501.23Cr 576.59Cr 466.53Cr 428.33Cr 808.87Cr 55TCr 821.4Cr 5.5TCr 2.16TCr 27TCr 2.17TCr 2.12TCr 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
03/26/03 14.94 -0.80% 1,02,008
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
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