Valuation: Merlin Properties SOCIMI, S.A.

Market Cap 9.36B 10.68B 8.66B 7.96B 15.04B 1,031B 15.27B 103B 40.54B 504B 40.11B 39.23B 1,736B P/E 2026 *
7.99x
P/E 2027 * 6.94x
Enterprise Value 13.59B 15.51B 12.56B 11.55B 21.82B 1,496B 22.16B 150B 58.84B 732B 58.22B 56.94B 2,520B EV / Sales 2026 *
22.5x
EV / Sales 2027 * 20.7x
Free-Float
66.64%
Yield 2026 *
2.79%
Yield 2027 * 2.97%
1 day+0.60%
1 week+0.47%
Current month-1.43%
1 month-2.07%
3 months-1.56%
6 months+22.03%
Current year+21.64%
1 week 14.67
Extreme 14.67
15.18
1 month 14.56
Extreme 14.56
15.92
Current year 12.15
Extreme 12.15
15.92
1 year 11.54
Extreme 11.54
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.
25/5/26 Sell -21,353 0.0034%
25/5/26 Sell -21,353 0.0034%
25/5/26 Sell -21,353 0.0034%
Change 5-day change 1-year change 3-year change Capi.($)
+0.60%+0.47%+31.71%+80.32% 10.65B
-0.81%+2.95%+15.42%+5.59% 61.27B
+0.58%+1.71%+28.96%+97.07% 17.1B
+0.38%+4.57%+35.46%+13.22% 16.34B
-0.81%+0.41%+11.36%+23.12% 15.22B
+0.58%+5.15%+16.35%+59.13% 12.38B
-0.34%+3.84%+32.66%+22.56% 10.89B
-0.80%-1.19%-9.78%-10.11% 9.71B
-0.34%+4.53%-35.97%-58.09% 8.75B
-1.49%+3.62%+3.60%+93.57% 7.59B
Average -0.11%+2.86%+12.98%+32.64% 16.99B
Weighted average by Cap. +0.13%+3.04%+15.93%+26.53%

Financials

2026 *2027 *
Net sales 603M 688M 557M 512M 968M 66.36B 983M 6.66B 2.61B 32.46B 2.58B 2.53B 112B 691M 789M 639M 587M 1.11B 76.08B 1.13B 7.64B 2.99B 37.22B 2.96B 2.9B 128B
Net income 890M 1.02B 823M 756M 1.43B 97.99B 1.45B 9.84B 3.85B 47.93B 3.81B 3.73B 165B 1.05B 1.2B 969M 890M 1.68B 115B 1.71B 11.58B 4.54B 56.42B 4.49B 4.39B 194B
Net Debt 4.23B 4.82B 3.91B 3.59B 6.79B 465B 6.89B 46.71B 18.3B 228B 18.11B 17.71B 784B 4.98B 5.68B 4.6B 4.23B 7.99B 548B 8.11B 55B 21.55B 268B 21.32B 20.85B 923B
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
295
Date Price Change Volume
20/07/26 EUR 15.12 +0.60% 727,653
17/07/26 EUR 15.03 +0.54% 532,767
16/07/26 EUR 14.95 -0.27% 526,266
15/07/26 EUR 14.99 +0.27% 1,099,791
14/07/26 EUR 14.95 +0.74% 706,252
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
15.12EUR
Average target price
17.45EUR
Spread / Average Target
+15.39%

Quarterly revenue - Rate of surprise