MERLIN Properties SOCIMI

Data Centers And Madrid Offices Will Unlock Future Opportunity

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

02 Mar 25

Updated

11 Sep 25

n/a

AnalystConsensusTarget's Fair Value

n/a

18.2%

-2.3%

18.2%

-2.3%

You can edit this narrative until Sep 12 10:15 AM. Then, changes will post as Updates.

Author's Valuation

€14.3415.6% undervalued

AnalystConsensusTarget Fair Value

Narrative

Updates2

Shared on 11 Sep 25

Fair value Increased 1.61%

MERLIN Properties SOCIMI’s marginally increased price target reflects slightly improved revenue growth forecasts and a modest uptick in future P/E expectations, resulting in a new consensus fair value of €14.34. What's in the News Held an Analyst/Investor Day.

Shared on 27 Aug 25

Fair value Increased 2.67%

The consensus analyst price target for MERLIN Properties SOCIMI has ticked higher, primarily driven by a sharp improvement in valuation as indicated by a materially lower future P/E multiple, with fair value rising from €13.74 to €14.03. What's in the News Held Analyst/Investor Day event.

AnalystConsensusTarget Fair Value

€14.34

15.6% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

12.53%

REITS revenue growth rate

0.12%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.69%

Calculation

€667.47m

Earnings '28

12.47x

PE Ratio '28

€8.32b

Market Cap '28

€8.32b

Market Cap '28

452.70m

No. shares '28

€18.38

Share Price '28

€18.38 Share Price '28

Discounted to 2025 @ 8.69% p.a.

€14.32

Fair Value '25