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

MERLIN Properties SOCIMI Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	9,325	7,007	5,727	4,726	4,122	4,468
Market Cap Growth	39.11%	22.34%	21.19%	14.64%	-7.74%	23.52%
Enterprise Value	12,942	11,030	14,019	13,327	8,093	12,800
Last Close Price	14.75	12.43	10.16	10.06	8.78	9.57

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	10.21	8.88	18.14	-	97.50	11.26
PS Ratio	15.50	13.15	11.76	10.07	9.33	11.54
PB Ratio	1.00	0.87	0.38	0.36	0.60	1.22
P/TBV Ratio	0.92	0.87	0.35	0.36	0.60	1.28
P/FCF Ratio	21.66	-	1248.35	-	-	-
P/OCF Ratio	22.01	16.86	18.08	20.73	18.56	27.50

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	21.52	20.70	28.79	28.38	18.32	33.07
EV/EBITDA Ratio	9.42	12.35	38.53	406.01	102.34	26.98
EV/EBIT Ratio	9.46	12.42	38.99	433.40	104.84	27.09
EV/FCF Ratio	30.06	-	3055.48	-	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.49	0.54	1.15	1.38	0.53	2.70
Debt / EBITDA Ratio	3.91	5.87	27.12	276.39	55.68	23.42
Debt / FCF Ratio	-	-	2150.63	-	-	-
Net Debt / Equity Ratio	0.41	0.50	0.55	0.66	0.58	2.27
Net Debt / EBITDA Ratio	2.77	4.51	22.79	262.04	50.21	17.56
Net Debt / FCF Ratio	-5.54	-14.98	1807.13	-105.79	-26.71	-374.32
Asset Turnover	0.06	0.04	0.04	0.04	0.04	0.04
Quick Ratio	1.51	1.11	1.95	2.49	0.51	3.51
Current Ratio	1.59	1.18	2.02	2.79	0.57	1.76
Return on Equity (ROE)	3.15%	10.09%	4.04%	-1.25%	0.79%	10.59%
Return on Assets (ROA)	8.53%	6.19%	2.70%	0.28%	0.61%	4.80%
Return on Invested Capital (ROIC)	9.97%	6.16%	2.23%	0.26%	0.58%	3.85%
Return on Capital Employed (ROCE)	9.92%	6.91%	2.94%	0.27%	0.77%	5.18%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	9.14%	11.26%	5.51%	-	1.03%	8.88%
FCF Yield	4.62%	-	0.08%	-	-	-
Dividend Yield	2.79%	1.76%	2.03%	4.39%	13.69%	4.71%
Payout Ratio	14.31%	15.69%	37.06%	-247.94%	213.59%	41.02%
Buyback Yield / Dilution	-3.72%	-10.36%	-8.87%	-0.09%	-0.32%	0.77%
Total Shareholder Return	-0.93%	-8.60%	-6.84%	4.30%	13.37%	5.47%

Data Source: Fiscal.ai Last updated: Jul 1, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 3, 2026

Data Sources Report a data error