MRPRF (Merlin Properties SOCIMI) EBITDA Margin %: 74.63% (As of Mar. 2026) — 45% Below Median


MRPRF Merlin Properties SOCIMI SA MRPRF
81 GF Score
Price $17.90
GF Value $12.56
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Merlin Properties SOCIMI EBITDA Margin %?

Merlin Properties SOCIMI MRPRF +0.56% 81 EBITDA Margin % is 74.63% as of Mar. 2026, which is 45% below its 10-year median of 135.92. GuruFocus rates MRPRF with a GF Score™ of 81/100 and a GF Value™ of $12.56 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 750 REITs companies, Merlin Properties SOCIMI ranks better than 94.4% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Merlin Properties SOCIMI's EBITDA for the three months ended in Mar. 2026 was $126.2 Mil. Merlin Properties SOCIMI's Revenue for the three months ended in Mar. 2026 was $169.1 Mil. Therefore, Merlin Properties SOCIMI's EBITDA margin for the quarter that ended in Mar. 2026 was 74.63%.


Merlin Properties SOCIMI  (OTCPK:MRPRF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Merlin Properties SOCIMI EBITDA Margin % Related Terms


Merlin Properties SOCIMI EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Merlin Properties SOCIMI's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Merlin Properties SOCIMI EBITDA Margin % Chart

Merlin Properties SOCIMI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.32 34.95 7.87 87.05 177.05

Merlin Properties SOCIMI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.77 378.18 61.11 197.73 74.63

MRPRF vs BXP, ARE, VNO: EBITDA Margin % Comparison

For the REIT - Office subindustry, Merlin Properties SOCIMI's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merlin Properties SOCIMI EBITDA Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Merlin Properties SOCIMI's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Merlin Properties SOCIMI's EBITDA Margin % falls into.


MRPRF
81GF Score
Merlin Properties SOCIMI SA MRPRF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merlin Properties SOCIMI EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Merlin Properties SOCIMI's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1117.361/631.104
=177.05 %

Merlin Properties SOCIMI's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=126.185/169.072
=74.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 74.63% mean?
Merlin Properties SOCIMI (MRPRF) has a EBITDA Margin % of 74.63% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Merlin Properties SOCIMI and its competitors. This is 45% below median its historical median of 135.92. Over the past decade, Merlin Properties SOCIMI's EBITDA Margin % has ranged from 7.87 to 268.75. According to the industry distribution chart, Merlin Properties SOCIMI ranks #42 out of 750 companies in the REITs industry, placing it in the top 5.6%.
Is Merlin Properties SOCIMI's EBITDA Margin % too high?
Merlin Properties SOCIMI's current EBITDA Margin % of 74.63% is 45% below median its 10-year median of 135.92. Over the past 10 years, this metric has ranged from a low of 7.87 to a high of 268.75. The REITs industry median EBITDA Margin % is 69.61. Merlin Properties SOCIMI's value of 74.63% is 7.2% above this industry median. Based on the distribution chart, Merlin Properties SOCIMI ranks #42 out of 750 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Merlin Properties SOCIMI has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merlin Properties SOCIMI's EBITDA Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Merlin Properties SOCIMI ranks #42 out of 750 companies for EBITDA Margin %. This places Merlin Properties SOCIMI in the top 6% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 69.61. Merlin Properties SOCIMI's value of 74.63% is 7.2% above this benchmark. Historically, Merlin Properties SOCIMI's own EBITDA Margin % has ranged from 7.87 to 268.75 over the past decade. While the company's 10-year median is 135.92 vs. the industry median of 69.61, Merlin Properties SOCIMI has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merlin Properties SOCIMI's current EBITDA Margin % of 74.63% is 7.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Merlin Properties SOCIMI and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin Properties SOCIMI's current EBITDA Margin % is 74.63%, which is 45% below median its own 10-year median of 135.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin Properties SOCIMI stock overvalued right now?
Based on GuruFocus' analysis, Merlin Properties SOCIMI (MRPRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.56, compared to a current price of $17.90 — trading 42.5% above its estimated fair value. The current EBITDA Margin % is 74.63%, which is 45% below median its 10-year median of 135.92 and 7.2% above the REITs industry median of 69.61. Merlin Properties SOCIMI's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Merlin Properties SOCIMI (MRPRF), the current EBITDA Margin % is 74.63% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merlin Properties SOCIMI (MRPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued. The current stock price of $17.90 is trading 42.5% above its estimated GF Value™ of $12.56. GuruFocus considers Merlin Properties SOCIMI to be Significantly Overvalued.

Key valuation signals for MRPRF:

  • EBITDA Margin %: 74.63% (45% below median its 10-year median of 135.92)
  • GF Value™: $12.56 vs. price of $17.90 (42.5% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 7.2% above the REITs median (#42 of 750)

No single metric tells the full story. See the MRPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merlin Properties SOCIMI Business Description

Industry Real EstateREITs
Address Paseo de la Castellana 257, Madrid, ESP, 28046
Merlin Properties is Spain's largest listed SOCIMI/REIT, managing a EUR 12.6 billion portfolio across offices, logistics, shopping centers, and data centers. Over the coming years, it will bring 730 MW of data center capacity online, increasing its gross rental income contribution from just 6% in 2025 to 65% by 2032. Its total GRI will more than triple to EUR 1.8 billion, driven by this "Mega" plan. Additionally, it has a pipeline of 4.4 GW worth of land at varying stages of readiness it can develop.
81GF Score

Get the complete analysis for MRPRF

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.90
Price
$12.56
GF Value