Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 9.2B 10.58B 8.56B 7.86B 14.85B 1,010B 15.08B 101B 39.62B 503B 39.75B 38.88B 1,687B P/E 2026 *
9.87x
P/E 2027 * 6.75x
Enterprise Value 13.3B 15.3B 12.38B 11.37B 21.46B 1,461B 21.8B 146B 57.27B 727B 57.46B 56.2B 2,438B EV / Sales 2026 *
22x
EV / Sales 2027 * 20.5x
Free-Float
66.64%
Yield 2026 *
2.84%
Yield 2027 * 3.02%
1 day+1.55%
1 week-1.83%
Current month-1.83%
1 month-1.63%
3 months+4.22%
6 months+20.87%
Current year+21.16%
1 week 14.41
Extreme 14.41
15.57
1 month 14.41
Extreme 14.41
15.58
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.($)
+1.35%-1.83%+23.65%+77.80% 10.59B
-0.61%-2.71%+13.71%+4.68% 60.08B
-0.17%-1.43%+49.06%+26.47% 17.58B
+0.77%+0.43%+23.53%+104.23% 17.35B
0.00%+0.40%+11.16%+21.46% 15.44B
-0.41%+1.81%+17.22%+62.90% 13.04B
+0.43%-1.10%+35.30%+22.82% 10.72B
-0.39%+1.98%-10.14%-9.82% 10.05B
-2.31%+0.94%-32.72%-59.09% 9.15B
-1.88%-0.55%+2.81%+75.71% 7.55B
Average -0.34%+1.99%+13.36%+32.72% 17.16B
Weighted average by Cap. -0.33%+1.93%+15.97%+27.45%

Financials

2026 *2027 *
Net sales 606M 697M 564M 518M 978M 66.52B 993M 6.65B 2.61B 33.12B 2.62B 2.56B 111B 693M 798M 645M 592M 1.12B 76.13B 1.14B 7.61B 2.99B 37.9B 3B 2.93B 127B
Net income 778M 895M 724M 665M 1.26B 85.41B 1.27B 8.53B 3.35B 42.52B 3.36B 3.29B 143B 1.06B 1.22B 984M 904M 1.71B 116B 1.73B 11.6B 4.55B 57.82B 4.57B 4.47B 194B
Net Debt 4.1B 4.72B 3.82B 3.5B 6.61B 450B 6.72B 44.97B 17.65B 224B 17.71B 17.32B 751B 5.01B 5.76B 4.66B 4.28B 8.09B 550B 8.21B 54.97B 21.57B 274B 21.65B 21.17B 918B
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
01/08/26 EUR 15.06 +1.35% 1,096,144
30/07/26 EUR 14.86 +2.48% 932,961
29/07/26 EUR 14.50 -2.36% 1,198,706
28/07/26 EUR 14.85 -2.94% 1,396,302
27/07/26 EUR 15.30 -0.26% 679,857
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
14.86EUR
Average target price
17.50EUR
Spread / Average Target
+17.79%

Quarterly revenue - Rate of surprise