Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 759.12Cr 865.09Cr 716.95Cr 653.37Cr 1.22TCr 83TCr 1.23TCr 8.58TCr 3.32TCr 42TCr 3.25TCr 3.18TCr 1,36100Cr P/E 2026 *
7.19x
P/E 2027 * 5.69x
Enterprise Value 1.17TCr 1.34TCr 1.11TCr 1.01TCr 1.89TCr 1,28000Cr 1.9TCr 13TCr 5.13TCr 65TCr 5.01TCr 4.9TCr 2,10100Cr EV / Sales 2026 *
19.4x
EV / Sales 2027 * 18.2x
Free-Float
66.64%
Yield 2026 *
3.45%
Yield 2027 * 3.67%
1 week-2.38%
Current month-8.89%
1 month-10.93%
3 months-21.66%
6 months-10.22%
Current year-0.81%
1 week 12.21
Extreme 12.21
12.89
1 month 12.21
Extreme 12.21
14.09
Current year 12.2
Extreme 12.2
16.36
1 year 11.69
Extreme 11.69
16.36
3 years 7.52
Extreme 7.515
16.36
5 years 7.3
Extreme 7.3
16.36
10 years 5.65
Extreme 5.65
16.36
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
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-2.38% - - 865.09Cr
+0.23%-1.98%-7.92%+10.51% 5.24TCr
-0.82%+0.47%+46.01%+29.11% 1.69TCr
-0.69%-1.50%+4.58%+101.45% 1.51TCr
0.00%-2.18%-0.88%+21.08% 1.39TCr
+0.77%-0.27%+10.53%+59.41% 1.19TCr
+0.15%-0.35%+11.05%+22.24% 960.3Cr
0.00%-2.56%-17.69%-17.69% 891.37Cr
-1.09%-6.32%-40.45%-49.31% 870.02Cr
+0.99%-1.45%-3.84%+54.99% 865.09Cr
Average -0.05%-1.79%+0.15%+25.75% 1.62TCr
Weighted average by Cap. -0.02%-1.68%+0.73%+25.18%

Financials

2026 *2027 *
Net sales 61Cr 69Cr 57Cr 52Cr 98Cr 6.61TCr 98Cr 684.3Cr 265.04Cr 3.38TCr 259.07Cr 253.46Cr 11TCr 69Cr 79Cr 65Cr 60Cr 111.45Cr 7.56TCr 112.25Cr 781.79Cr 302.8Cr 3.86TCr 295.98Cr 289.57Cr 12TCr
Net income 86Cr 98Cr 81Cr 74Cr 139.03Cr 9.42TCr 140.02Cr 975.23Cr 377.72Cr 4.81TCr 369.21Cr 361.22Cr 15TCr 121.08Cr 137.98Cr 114.36Cr 104.21Cr 195.08Cr 13TCr 196.48Cr 1.37TCr 530.02Cr 6.76TCr 518.08Cr 506.87Cr 22TCr
Net Debt 412.57Cr 470.16Cr 389.65Cr 355.09Cr 664.72Cr 45TCr 669.46Cr 4.66TCr 1.81TCr 23TCr 1.77TCr 1.73TCr 74TCr 497.95Cr 567.46Cr 470.29Cr 428.58Cr 802.28Cr 54TCr 808.01Cr 5.63TCr 2.18TCr 28TCr 2.13TCr 2.08TCr 89TCr
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
25/26/25 €12.30 0.00% 0
24/26/24 €12.30 -4.58% 1,615
23/26/23 €12.89 0.00% 0
22/26/22 €12.89 +3.37% 715
21/26/21 €12.47 -1.03% 5
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
12.26EUR
Average target price
17.25EUR
Spread / Average Target
+40.67%

Quarterly revenue - Rate of surprise