Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 8.66B 10.1B 8.11B 7.41B 13.98B 963B 14.12B 95.67B 37.25B 486B 37.93B 37.1B 1,609B P/E 2026 *
8.3x
P/E 2027 * 6.49x
Enterprise Value 12.77B 14.9B 11.97B 10.93B 20.63B 1,421B 20.83B 141B 54.95B 717B 55.96B 54.74B 2,374B EV / Sales 2026 *
21.1x
EV / Sales 2027 * 19.7x
Free-Float
66.64%
Yield 2026 *
3.05%
Yield 2027 * 3.22%
1 day-0.14%
1 week+0.22%
Current month-7.44%
1 month-8.89%
3 months-7.62%
6 months-2.45%
Current year+12.15%
1 week 13.83
Extreme 13.83
14.17
1 month 13.83
Extreme 13.83
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.($)
-0.14%+0.22%+8.74%+70.73% 10.1B
-0.54%+1.00%+7.94%+12.20% 59.26B
-0.15%+0.74%+52.79%+30.76% 17.86B
-0.49%-0.15%+15.09%+114.44% 17.37B
-0.42%+0.84%+5.75%+25.79% 15.03B
-0.41%+1.30%+14.05%+64.25% 13.1B
+0.18%+0.23%+18.76%+20.69% 10.23B
-0.81%+0.83%-9.96%-11.27% 9.68B
-2.11%+15.40%-34.22%-54.14% 9.22B
+2.75%+5.80%+5.66%+81.38% 7.46B
Average -0.10%+2.70%+8.46%+35.48% 16.93B
Weighted average by Cap. +0.03%+1.87%+10.96%+31.98%

Financials

2026 *2027 *
Net sales 606M 707M 568M 519M 979M 67.45B 989M 6.7B 2.61B 34.03B 2.66B 2.6B 113B 694M 810M 651M 594M 1.12B 77.24B 1.13B 7.67B 2.99B 38.97B 3.04B 2.98B 129B
Net income 766M 894M 718M 656M 1.24B 85.26B 1.25B 8.47B 3.3B 43.02B 3.36B 3.28B 142B 1.13B 1.32B 1.06B 967M 1.82B 126B 1.84B 12.48B 4.86B 63.38B 4.95B 4.84B 210B
Net Debt 4.12B 4.8B 3.86B 3.52B 6.65B 458B 6.71B 45.49B 17.71B 231B 18.03B 17.64B 765B 5B 5.84B 4.69B 4.28B 8.08B 556B 8.16B 55.28B 21.52B 281B 21.91B 21.44B 930B
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
26/08/26 EUR 13.95 -0.21% 23,615
25/08/26 EUR 13.98 +0.58% 457,289
24/08/26 EUR 13.90 -1.42% 855,240
21/08/26 EUR 14.10 +0.21% 646,746
20/08/26 EUR 14.07 +1.15% 764,193
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
13.98EUR
Average target price
17.36EUR
Spread / Average Target
+24.15%

Quarterly revenue - Rate of surprise