Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 9.32B 10.73B 8.68B 7.97B 15.05B 1,024B 15.28B 102B 40.15B 510B 40.29B 39.4B 1,709B P/E 2026 *
10x
P/E 2027 * 6.84x
Enterprise Value 13.45B 15.47B 12.52B 11.5B 21.71B 1,477B 22.04B 148B 57.92B 735B 58.11B 56.84B 2,466B EV / Sales 2026 *
22.2x
EV / Sales 2027 * 20.7x
Free-Float
66.64%
Yield 2026 *
2.8%
Yield 2027 * 2.98%
1 day+1.35%
1 week-1.83%
1 month-1.63%
3 months+1.41%
6 months+20.38%
Current year+21.16%
1 week 14.41
Extreme 14.41
15.57
1 month 14.41
Extreme 14.41
15.58
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.
19/5/26 Buy

Investor Relations Manager

3,475 0.0006%
18/3/26 Buy

Director

33,705 0.0060%
2/2/26 Buy

Investor Relations Manager

2,750 0.0005%
Change 5-day change 1-year change 3-year change Capi.($)
+1.35%-1.83%+24.05%+78.86% 10.73B
-0.45%-2.64%+12.90%+5.08% 59.56B
-0.17%-1.43%+53.03%+27.85% 17.58B
+0.77%+0.43%+25.09%+105.91% 17.5B
-.--%+2.05%+13.70%+22.06% 15.43B
-0.41%+1.81%+17.22%+64.26% 12.98B
-.--%-1.58%+36.95%+22.58% 10.78B
-0.39%+3.21%-6.20%-9.51% 10B
-1.98%+1.00%-32.31%-57.85% 8.97B
-1.89%-0.83%+4.65%+74.91% 7.41B
Average -0.32%+0.39%+14.91%+33.42% 17.09B
Weighted average by Cap. -0.25%-0.51%+17.05%+28.38%

Financials

2026 *2027 *
Net sales 605M 696M 564M 517M 977M 66.49B 992M 6.64B 2.61B 33.1B 2.62B 2.56B 111B 694M 798M 646M 593M 1.12B 76.17B 1.14B 7.61B 2.99B 37.92B 3B 2.93B 127B
Net income 809M 930M 753M 691M 1.3B 88.8B 1.33B 8.87B 3.48B 44.21B 3.49B 3.42B 148B 1.14B 1.31B 1.06B 975M 1.84B 125B 1.87B 12.52B 4.91B 62.4B 4.93B 4.82B 209B
Net Debt 4.13B 4.75B 3.84B 3.53B 6.66B 453B 6.76B 45.28B 17.77B 226B 17.83B 17.44B 757B 5.04B 5.8B 4.69B 4.31B 8.13B 553B 8.26B 55.3B 21.7B 276B 21.78B 21.3B 924B
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
31/07/26 EUR 15.06 +1.35% 1,096,144
30/07/26 EUR 14.86 +2.48% 932,961
29/07/26 EUR 14.50 -2.36% 1,198,706
28/07/26 EUR 14.85 -2.94% 1,396,302
27/07/26 EUR 15.30 -0.26% 679,857
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