Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 9.02B 10.4B 8.45B 7.71B 14.5B 993B 14.73B 99.51B 38.85B 497B 39.05B 38.2B 1,658B P/E 2026 *
9.48x
P/E 2027 * 6.76x
Enterprise Value 13.13B 15.15B 12.31B 11.22B 21.12B 1,446B 21.46B 145B 56.58B 724B 56.87B 55.64B 2,414B EV / Sales 2026 *
21.7x
EV / Sales 2027 * 20.2x
Free-Float
66.64%
Yield 2026 *
2.93%
Yield 2027 * 3.09%
1 week-1.62%
Current month-3.32%
1 month-1.89%
3 months-0.61%
6 months+9.15%
Current year+17.14%
1 week 14.45
Extreme 14.45
14.85
1 month 14.41
Extreme 14.41
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.($)
0.00%-1.62%+12.52%+75.11% 10.41B
+0.58%+0.95%+8.74%+7.39% 59.22B
+1.11%+0.58%+53.83%+31.29% 17.49B
0.00%-0.72%+16.13%+107.01% 17.24B
-0.82%-1.22%+9.95%+27.89% 15.48B
-1.22%-2.81%+10.54%+62.96% 13B
+1.43%+0.83%+25.70%+16.32% 10.18B
0.00%-2.79%-9.96%-10.29% 9.72B
+0.75%-0.12%-35.42%-60.35% 8.37B
+1.12%+1.87%+4.92%+74.83% 7.33B
Average +0.30%-0.85%+9.70%+33.21% 16.84B
Weighted average by Cap. +0.32%-0.28%+12.25%+29.51%

Financials

2026 *2027 *
Net sales 606M 699M 568M 518M 975M 66.75B 991M 6.69B 2.61B 33.41B 2.63B 2.57B 111B 694M 801M 651M 593M 1.12B 76.44B 1.13B 7.66B 2.99B 38.27B 3.01B 2.94B 128B
Net income 766M 884M 718M 655M 1.23B 84.38B 1.25B 8.46B 3.3B 42.24B 3.32B 3.25B 141B 1.13B 1.3B 1.06B 965M 1.82B 124B 1.85B 12.46B 4.87B 62.24B 4.89B 4.78B 208B
Net Debt 4.12B 4.75B 3.86B 3.52B 6.62B 453B 6.72B 45.43B 17.73B 227B 17.83B 17.44B 757B 5B 5.77B 4.69B 4.27B 8.04B 551B 8.17B 55.2B 21.55B 276B 21.66B 21.19B 920B
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
13/08/26 EUR 14.56 0.00% 614,106
12/08/26 EUR 14.56 +0.21% 799,366
11/08/26 EUR 14.53 -0.14% 819,142
10/08/26 EUR 14.55 -1.49% 884,713
07/08/26 EUR 14.77 -0.20% 447,580
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.56EUR
Average target price
17.39EUR
Spread / Average Target
+19.47%

Quarterly revenue - Rate of surprise