MERLIN Properties SOCIMI, S.A. (BME:MRL)

MERLIN Properties SOCIMI Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 17, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	7,716	5,714	4,712	4,109	4,468	3,616
Market Cap Growth	23.60%	21.28%	14.67%	-8.04%	23.56%	-39.16%
Enterprise Value	11,532	9,142	8,870	7,985	10,178	9,315
Last Close Price	13.71	9.82	9.38	7.83	7.71	5.99
PE Ratio	10.90	20.14	-	15.62	8.72	64.16
PS Ratio	14.38	11.23	9.34	8.87	10.71	8.17
PB Ratio	0.97	0.76	0.72	0.60	0.64	0.54
P/OCF Ratio	-	18.04	20.67	18.50	27.50	26.85
EV/Sales Ratio	21.50	17.97	17.57	17.24	24.38	21.04
EV/EBITDA Ratio	27.80	23.46	22.49	22.66	32.38	27.53
EV/EBIT Ratio	28.21	23.72	22.61	22.78	32.58	27.66
Debt / Equity Ratio	0.65	0.66	0.69	0.62	0.89	0.87
Debt / EBITDA Ratio	12.51	12.68	11.49	12.06	19.94	17.16
Net Debt / Equity Ratio	0.48	0.45	0.62	0.56	0.76	0.83
Net Debt / EBITDA Ratio	9.20	8.70	10.32	10.84	16.92	16.42
Asset Turnover	0.04	0.04	0.04	0.04	0.03	0.03
Quick Ratio	5.23	1.92	2.44	0.50	1.34	1.59
Current Ratio	5.50	2.01	2.77	0.56	1.41	2.28
Return on Equity (ROE)	8.27%	4.04%	-1.25%	0.60%	5.76%	0.84%
Return on Assets (ROA)	1.86%	1.89%	2.03%	1.66%	1.41%	1.57%
Return on Invested Capital (ROIC)	3.09%	3.14%	3.54%	2.47%	2.38%	2.71%
Earnings Yield	8.31%	4.97%	-1.77%	6.40%	11.46%	1.56%
Dividend Yield	3.13%	4.07%	2.22%	5.65%	2.24%	5.01%
Payout Ratio	-	37.06%	-	39.63%	13.67%	121.58%
Buyback Yield / Dilution	11.79%	-8.87%	-0.09%	-0.32%	0.69%	0.01%
Total Shareholder Return	14.91%	-4.79%	2.13%	5.33%	2.93%	5.02%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.