Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 8.61B 10.04B 8.04B 7.38B 13.88B 960B 14.1B 94.9B 37.16B 481B 37.7B 36.88B 1,591B P/E 2026 *
8.26x
P/E 2027 * 6.46x
Enterprise Value 12.73B 14.84B 11.89B 10.9B 20.51B 1,418B 20.84B 140B 54.92B 711B 55.72B 54.5B 2,352B EV / Sales 2026 *
21x
EV / Sales 2027 * 19.6x
Free-Float
66.64%
Yield 2026 *
3.07%
Yield 2027 * 3.23%
1 day+0.61%
1 week-3.98%
Current month-7.17%
1 month-7.54%
3 months-4.64%
6 months+1.08%
Current year+12.47%
1 week 13.85
Extreme 13.85
14.59
1 month 13.85
Extreme 13.85
15.57
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.($)
+0.61%-3.98%+9.30%+80.04% 10.04B
+1.19%+0.58%+6.68%+10.63% 59.38B
-0.54%-1.28%+48.88%+37.36% 17.67B
+0.15%-0.58%+12.57%+120.60% 17.29B
+0.42%-2.86%+5.78%+26.60% 14.82B
+0.31%-0.57%+9.04%+65.15% 12.86B
+0.07%+0.30%+21.57%+21.92% 10.21B
+0.41%-0.41%-9.33%-10.00% 9.5B
+10.27%+5.18%-35.42%-56.08% 8.81B
+1.67%-2.17%+3.37%+81.90% 7.17B
Average +1.35%-2.06%+7.24%+37.81% 16.77B
Weighted average by Cap. +0.74%-1.17%+9.64%+33.59%

Financials

2026 *2027 *
Net sales 606M 707M 566M 519M 977M 67.55B 993M 6.68B 2.62B 33.88B 2.65B 2.6B 112B 694M 809M 648M 595M 1.12B 77.36B 1.14B 7.65B 3B 38.8B 3.04B 2.97B 128B
Net income 766M 893M 716M 657M 1.23B 85.39B 1.25B 8.44B 3.31B 42.83B 3.35B 3.28B 142B 1.13B 1.32B 1.05B 967M 1.82B 126B 1.85B 12.44B 4.87B 63.1B 4.94B 4.84B 209B
Net Debt 4.12B 4.8B 3.84B 3.53B 6.63B 459B 6.74B 45.35B 17.76B 230B 18.01B 17.62B 760B 5B 5.83B 4.67B 4.28B 8.06B 557B 8.19B 55.1B 21.58B 279B 21.89B 21.41B 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
20/08/26 EUR 13.98 +0.50% 319,967
19/08/26 EUR 13.91 -1.56% 955,567
18/08/26 EUR 14.13 -1.46% 649,184
17/08/26 EUR 14.34 -1.17% 674,044
14/08/26 EUR 14.51 -0.34% 621,357
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
13.91EUR
Average target price
17.39EUR
Spread / Average Target
+25.05%

Quarterly revenue - Rate of surprise