Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 9.5B 10.81B 8.83B 8.1B 15.23B 1,041B 15.46B 105B 40.97B 512B 40.59B 39.72B 1,770B P/E 2026 *
8.11x
P/E 2027 * 7.04x
Enterprise Value 13.72B 15.62B 12.76B 11.71B 22B 1,505B 22.34B 152B 59.2B 740B 58.65B 57.39B 2,558B EV / Sales 2026 *
22.8x
EV / Sales 2027 * 20.9x
Free-Float
66.64%
Yield 2026 *
2.75%
Yield 2027 * 2.92%
1 day+0.79%
1 week+2.06%
1 month-2.60%
3 months+2.13%
6 months+24.11%
Current year+23.41%
1 week 14.91
Extreme 14.91
15.46
1 month 14.56
Extreme 14.56
15.61
Current year 12.15
Extreme 12.15
15.92
1 year 11.72
Extreme 11.72
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.
25/5/26 Sell -21,353 0.0034%
25/5/26 Sell -21,353 0.0034%
25/5/26 Sell -21,353 0.0034%
Change 5-day change 1-year change 3-year change Capi.($)
+0.79%+2.06%+29.23%+81.86% 10.81B
+1.36%-0.17%+13.06%+3.52% 61.17B
+0.14%+1.16%+27.12%+99.49% 17.22B
+2.71%+9.09%+48.92%+25.35% 17.67B
-1.61%-1.21%+10.91%+22.00% 15.04B
+0.89%+2.28%+15.83%+61.34% 12.6B
+1.00%+0.05%+33.12%+22.22% 10.89B
-1.19%-0.80%-11.07%-11.07% 9.64B
+1.64%+1.43%-37.92%-58.62% 8.88B
+1.85%-1.54%+0.43%+90.41% 7.47B
Average +0.76%+1.23%+12.96%+33.65% 17.14B
Weighted average by Cap. +0.92%+1.15%+15.93%+27.16%

Financials

2026 *2027 *
Net sales 603M 686M 560M 514M 966M 66.08B 981M 6.66B 2.6B 32.49B 2.58B 2.52B 112B 691M 787M 643M 590M 1.11B 75.77B 1.13B 7.63B 2.98B 37.25B 2.95B 2.89B 129B
Net income 890M 1.01B 828M 759M 1.43B 97.58B 1.45B 9.83B 3.84B 47.97B 3.8B 3.72B 166B 1.05B 1.19B 974M 894M 1.68B 115B 1.71B 11.57B 4.52B 56.47B 4.48B 4.38B 195B
Net Debt 4.23B 4.81B 3.93B 3.61B 6.78B 463B 6.88B 46.66B 18.23B 228B 18.06B 17.67B 788B 4.98B 5.67B 4.63B 4.25B 7.98B 546B 8.1B 54.95B 21.47B 268B 21.27B 20.81B 927B
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
295
Date Price Change Volume
24/07/26 EUR 15.34 +0.79% 599,188
23/07/26 EUR 15.22 +0.46% 905,039
22/07/26 EUR 15.15 +0.46% 606,164
21/07/26 EUR 15.08 -0.26% 687,165
20/07/26 EUR 15.12 +0.60% 727,653
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.34EUR
Average target price
17.45EUR
Spread / Average Target
+13.73%

Quarterly revenue - Rate of surprise