|
Real-time Estimate
Tradegate
11:14:05 22/10/2026 BST
|
5-day change | 1st Jan Change | ||
| 11.38 EUR | -1.85% |
|
+0.09% | -8.37% |
| 10-15 | Spanish stocks - Factors to watch on Oct 15 | RE |
| 10-06 | Fast-track permits turn Spain's Aragon into a $70 billion data centre magnet. At what cost? | RE |
Company Valuation: Merlin Properties SOCIMI, S.A.
Data adjusted to current consolidation scope
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Market Cap 1 | 4,468 | 4,109 | 4,712 | 5,714 | 6,996 | 7,183 | - | - |
| Change | - | -8.04% | 14.67% | 21.28% | 22.43% | 2.67% | - | - |
| Enterprise Value (EV) 1 | 9,863 | 7,926 | 8,762 | 9,061 | 10,739 | 11,330 | 12,200 | 13,008 |
| Change | - | -19.64% | 10.54% | 3.42% | 18.51% | 5.51% | 7.67% | 6.63% |
| P/E | 8.86x | 18.7x | -55.9x | 20.3x | 8.88x | 6.8x | 5.38x | 4.88x |
| PBR | 0.64x | 0.6x | 0.72x | 0.76x | 0.87x | 0.76x | 0.68x | 0.61x |
| PEG | - | -0.3x | 0x | -0x | 0x | 0.3x | 0.2x | 0.5x |
| Capitalization / Revenue | 8.84x | 9.07x | 9.91x | 11.4x | 12.9x | 11.8x | 10.3x | 8.52x |
| EV / Revenue | 19.5x | 17.5x | 18.4x | 18.1x | 19.8x | 18.6x | 17.5x | 15.4x |
| EV / EBITDA | 27.2x | 23.7x | 24.2x | 24.5x | 26.9x | 25.3x | 23.9x | 21.4x |
| EV / EBIT | 18.1x | 22.7x | 25.4x | 24.1x | 26.6x | 25.6x | 24.4x | 21.7x |
| EV / FCF | 28.9x | - | -108x | 376x | -41.6x | -23.8x | 99.2x | 43.2x |
| FCF Yield | 3.45% | - | -0.93% | 0.27% | -2.4% | -4.21% | 1.01% | 2.31% |
| Dividend per Share 2 | 0.1727 | 1.2 | 0.44 | 0.42 | 0.42 | 0.4215 | 0.4491 | 0.5079 |
| Rate of return | 1.8% | 13.7% | 4.37% | 4.13% | 3.38% | 3.63% | 3.87% | 4.38% |
| EPS 2 | 1.08 | 0.47 | -0.18 | 0.5 | 1.4 | 1.706 | 2.154 | 2.377 |
| Distribution rate | 16% | 255% | -244% | 84% | 30% | 24.7% | 20.8% | 21.4% |
| Net sales 1 | 505.3 | 452.8 | 475.6 | 500.4 | 541.9 | 608.1 | 695.3 | 842.9 |
| EBITDA 1 | 363.1 | 334.7 | 361.4 | 370.3 | 399.4 | 448.5 | 509.4 | 608.4 |
| EBIT 1 | 543.5 | 348.9 | 344.9 | 376.6 | 403.7 | 443.3 | 500.8 | 599 |
| Net income 1 | 512.2 | 263.1 | -83.5 | 283.8 | 786.1 | 974.6 | 1,176 | 1,270 |
| Net Debt 1 | 5,395 | 3,818 | 4,050 | 3,347 | 3,743 | 4,148 | 5,017 | 5,826 |
| Reference price 2 | 9.57 | 8.78 | 10.06 | 10.16 | 12.43 | 11.60 | 11.60 | 11.60 |
| Nbr of stocks (in thousands) | 466,885 | 468,225 | 468,346 | 562,415 | 562,814 | 619,183 | - | - |
| Announcement Date | 24/02/22 | 27/02/23 | 28/02/24 | 27/02/25 | 25/02/26 | - | - | - |
1EUR in Million2EUR
Estimates
P/E, Detailed evolution
| P/E (N) | EV / Sales (N) | EV / EBITDA (N) | Dividend Yield (N) | Capi.($) | ||
|---|---|---|---|---|---|---|
| 6.8x | 18.63x | 25.26x | 3.63% | 8.06B | ||
| 38.9x | 18.12x | 22.78x | 3.35% | 121B | ||
| 31.38x | 14.1x | 18.11x | 4.38% | 66.51B | ||
| 36.72x | 14.64x | 15.14x | 5.89% | 52.21B | ||
| 17.76x | 15.04x | 17.11x | 1.16% | 37.24B | ||
| 15.98x | 24.8x | 27.16x | 3.59% | 16.49B | ||
| 26.44x | 10.64x | 14.63x | 4.73% | 15.24B | ||
| 8.07x | 11.73x | 14.37x | 6.18% | 14.47B | ||
| 17.81x | 15.99x | 23.24x | 5.4% | 13.88B | ||
| 28.97x | 11.08x | 16.23x | 4.21% | 13.2B | ||
| Average | 22.88x | 15.48x | 19.40x | 4.25% | 35.86B | |
| Weighted average by Cap. | 30.26x | 15.95x | 19.56x | 3.99% |
Y-o-Y evolution of P/E
Historical PBR trend
Evolution Enterprise Value / Sales
Change in Enterprise Value/EBITDA
Year-on-year evolution of the Yield
- Stock Market
- Stocks
- MRL Stock
- Valuation Merlin Properties SOCIMI, S.A.
Select your edition
All financial news and data tailored to specific country editions
















