Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 8.71B 10.18B 8.13B 7.46B 14.02B 974B 14.29B 96.43B 37.59B 488B 38.21B 37.37B 1,615B P/E 2026 *
8.35x
P/E 2027 * 6.53x
Enterprise Value 12.83B 14.98B 11.97B 10.98B 20.64B 1,434B 21.04B 142B 55.35B 718B 56.25B 55.03B 2,378B EV / Sales 2026 *
21.2x
EV / Sales 2027 * 19.8x
Free-Float
66.64%
Yield 2026 *
3.03%
Yield 2027 * 3.2%
1 day+0.46%
1 week-2.62%
Current month-6.18%
1 month-6.30%
3 months-3.94%
6 months+1.73%
Current year+13.68%
1 week 13.85
Extreme 13.85
14.52
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.($)
+0.50%-2.62%+10.56%+81.97% 10.18B
+0.35%+0.35%+5.46%+11.02% 59.58B
+0.09%-0.31%+50.74%+37.73% 17.67B
+0.10%-0.34%+13.73%+121.35% 17.39B
+0.84%-1.23%+6.67%+27.66% 14.89B
+0.99%+0.26%+10.25%+66.61% 12.91B
-0.26%-1.38%+21.59%+21.60% 10.19B
+1.23%+0.82%-7.87%-8.89% 9.55B
+4.73%+9.33%-31.66%-54.01% 9.22B
+0.73%-2.55%+5.40%+83.22% 7.22B
Average +0.91%-0.72%+8.49%+38.83% 16.88B
Weighted average by Cap. +0.58%-0.47%+10.02%+34.23%

Financials

2026 *2027 *
Net sales 606M 708M 566M 519M 975M 67.75B 994M 6.71B 2.62B 33.95B 2.66B 2.6B 112B 694M 811M 648M 594M 1.12B 77.59B 1.14B 7.68B 3B 38.88B 3.04B 2.98B 129B
Net income 766M 895M 715M 656M 1.23B 85.64B 1.26B 8.48B 3.31B 42.92B 3.36B 3.29B 142B 1.13B 1.32B 1.05B 967M 1.82B 126B 1.85B 12.5B 4.87B 63.24B 4.95B 4.84B 209B
Net Debt 4.12B 4.81B 3.84B 3.52B 6.62B 460B 6.75B 45.55B 17.76B 230B 18.05B 17.66B 763B 5B 5.84B 4.67B 4.28B 8.05B 559B 8.2B 55.36B 21.58B 280B 21.93B 21.45B 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
296
Date Price Change Volume
21/08/26 EUR 14.15 +0.57% 68,880
20/08/26 EUR 14.07 +1.15% 764,193
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
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.07EUR
Average target price
17.39EUR
Spread / Average Target
+23.63%

Quarterly revenue - Rate of surprise