Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 9.23B 10.63B 8.6B 7.91B 14.96B 1,015B 15.09B 101B 39.62B 506B 39.95B 39.06B 1,678B P/E 2026 *
9.89x
P/E 2027 * 6.77x
Enterprise Value 13.35B 15.39B 12.45B 11.44B 21.64B 1,468B 21.84B 146B 57.32B 732B 57.8B 56.51B 2,427B EV / Sales 2026 *
22x
EV / Sales 2027 * 20.5x
Free-Float
66.64%
Yield 2026 *
2.84%
Yield 2027 * 3.02%
1 day+2.82%
1 month-2.09%
3 months-4.88%
6 months+23.04%
Current year+22.13%
1 month 17.04
Extreme 17.044
17.52
Current year 14.24
Extreme 14.2438
18.42
1 year 13.6
Extreme 13.6
18.42
3 years 7.81
Extreme 7.81
18.42
5 years 7.14
Extreme 7.135
18.42
10 years 5.9
Extreme 5.9
18.42
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.($)
+2.82%-.--% - - 10.51B
-0.91%-3.97%+11.19%+6.90% 59.19B
+1.44%-0.73%+54.58%+30.99% 17.46B
+0.71%+0.67%+25.80%+113.21% 17.48B
0.00%+2.05%+13.70%+23.88% 15.44B
-0.05%+1.75%+18.00%+66.81% 13.07B
-0.67%-3.39%+35.55%+19.67% 10.74B
0.00%+2.82%-6.93%-7.94% 9.93B
-7.84%-4.90%-35.71%-60.07% 9.24B
+2.45%+3.57%+8.69%+82.15% 7.51B
Average -0.10%+0.08%+13.87%+30.62% 17.79B
Weighted average by Cap. +0.08%-0.93%+16.00%+27.27%

Financials

2026 *2027 *
Net sales 606M 698M 565M 519M 982M 66.6B 991M 6.65B 2.6B 33.23B 2.62B 2.56B 110B 694M 800M 647M 595M 1.12B 76.29B 1.13B 7.61B 2.98B 38.06B 3B 2.94B 126B
Net income 766M 883M 715M 657M 1.24B 84.29B 1.25B 8.41B 3.29B 42.05B 3.32B 3.24B 139B 1.13B 1.3B 1.05B 968M 1.83B 124B 1.85B 12.39B 4.85B 61.95B 4.89B 4.78B 205B
Net Debt 4.12B 4.75B 3.84B 3.53B 6.68B 453B 6.74B 45.23B 17.7B 226B 17.85B 17.45B 750B 5.01B 5.78B 4.67B 4.3B 8.13B 551B 8.2B 55B 21.52B 275B 21.7B 21.22B 911B
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
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.90EUR
Average target price
17.44EUR
Spread / Average Target
+17.03%

Quarterly revenue - Rate of surprise