Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 7.59B 8.65B 7.17B 6.53B 12.23B 829B 12.32B 85.79B 33.23B 424B 32.48B 31.78B 1,361B P/E 2026 *
7.19x
P/E 2027 * 5.69x
Enterprise Value 11.72B 13.35B 11.07B 10.08B 18.88B 1,280B 19.01B 132B 51.29B 654B 50.13B 49.05B 2,101B 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 - 2014-05-26
Compliance Officer - 2017-09-30
Director of Finance/CFO - 2014-05-26
Director TitleAgeSince
Chairman - 2014-05-26
Director/Board Member - 2014-05-26
Director/Board Member - 2014-06-05
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-2.38% - - 8.65B
+0.23%-1.98%-7.92%+10.51% 52.39B
-0.82%+0.47%+46.01%+29.11% 16.86B
-0.69%-1.50%+4.58%+101.45% 15.1B
0.00%-2.18%-0.88%+21.08% 13.95B
+0.77%-0.27%+10.53%+59.41% 11.94B
+0.15%-0.35%+11.05%+22.24% 9.6B
0.00%-2.56%-17.69%-17.69% 8.91B
-1.09%-6.32%-40.45%-49.31% 8.7B
+0.99%-1.45%-3.84%+54.99% 8.65B
Average -0.05%-1.79%+0.15%+25.75% 16.23B
Weighted average by Cap. -0.02%-1.68%+0.73%+25.18%

Financials

2026 *2027 *
Net sales 605M 690M 572M 521M 976M 66.13B 982M 6.84B 2.65B 33.79B 2.59B 2.53B 109B 692M 788M 653M 595M 1.11B 75.55B 1.12B 7.82B 3.03B 38.6B 2.96B 2.9B 124B
Net income 863M 983M 815M 743M 1.39B 94.25B 1.4B 9.75B 3.78B 48.15B 3.69B 3.61B 155B 1.21B 1.38B 1.14B 1.04B 1.95B 132B 1.96B 13.68B 5.3B 67.56B 5.18B 5.07B 217B
Net Debt 4.13B 4.7B 3.9B 3.55B 6.65B 451B 6.69B 46.63B 18.06B 230B 17.65B 17.27B 740B 4.98B 5.67B 4.7B 4.29B 8.02B 544B 8.08B 56.28B 21.8B 278B 21.31B 20.85B 893B
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
26-09-25 €12.30 0.00% 0
26-09-24 €12.30 -4.58% 1,615
26-09-23 €12.89 0.00% 0
26-09-22 €12.89 +3.37% 715
26-09-21 €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