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Merlin Properties SOCIMIMPTYY 58 EV-to-EBIT is 13.38 as of Jul. 14, 2026, which is 16% below its 10-year median of 15.87. GuruFocus rates MPTYY with a GF Score™ of 58/100 and a GF Value™ of $25.94 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 668 REITs companies, Merlin Properties SOCIMI ranks better than 68.11% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Merlin Properties SOCIMI's Enterprise Value for the quarter that ended in Mar. 2026 was $14,403.2 Mil.
Merlin Properties SOCIMI's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,105.8 Mil.
* 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 EV-to-EBIT Related Terms
Merlin Properties SOCIMI EV-to-EBIT Historical Data
* 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.
For the REIT - Office subindustry, Merlin Properties SOCIMI's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Merlin Properties SOCIMI's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Merlin Properties SOCIMI's EV-to-EBIT falls into.
Merlin Properties SOCIMI's current Enterprise Value is $14,792.3 Mil.
Merlin Properties SOCIMI's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,105.8 Mil.
* 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 (MPTYY) has a EV-to-EBIT of 13.38 as of Jul. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merlin Properties SOCIMI and its competitors. This is 16% below median its historical median of 15.87. According to the industry distribution chart, Merlin Properties SOCIMI ranks #213 out of 668 companies in the REITs industry, placing it in the top 31.9%.
Is Merlin Properties SOCIMI's EV-to-EBIT too high?
Merlin Properties SOCIMI's current EV-to-EBIT of 13.38 is 16% below median its 10-year median of 15.87. The REITs industry median EV-to-EBIT is 17.97. Merlin Properties SOCIMI's value of 13.38 is 25.5% below this industry median. Based on the distribution chart, Merlin Properties SOCIMI ranks #213 out of 668 companies in the REITs industry, which is above the industry midpoint. Overall, Merlin Properties SOCIMI has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merlin Properties SOCIMI's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Merlin Properties SOCIMI ranks #213 out of 668 companies for EV-to-EBIT. This puts Merlin Properties SOCIMI in the upper half of its industry. The industry median EV-to-EBIT is 17.97. Merlin Properties SOCIMI's value of 13.38 is 25.5% below this benchmark. While the company's 10-year median is 15.87 vs. the industry median of 17.97, Merlin Properties SOCIMI has consistently been below 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 17.97, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merlin Properties SOCIMI's current EV-to-EBIT of 13.38 is 25.5% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merlin Properties SOCIMI and its competitors. For the REITs industry, the median EV-to-EBIT is 17.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin Properties SOCIMI's current EV-to-EBIT is 13.38, which is 16% below median its own 10-year median of 15.87. 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 (MPTYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.94, compared to a current price of $34.71 — trading 33.8% above its estimated fair value. The current EV-to-EBIT is 13.38, which is 16% below median its 10-year median of 15.87 and 25.5% below the REITs industry median of 17.97. Merlin Properties SOCIMI's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Merlin Properties SOCIMI (MPTYY), the current EV-to-EBIT is 13.38 as of Jul. 14, 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 (MPTYY) Overvalued in 2026?
Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued.
The current stock price of $34.71 is trading 33.8% above its estimated GF Value™ of $25.94.
GuruFocus considers Merlin Properties SOCIMI to be Significantly Overvalued.
Key valuation signals for MPTYY:
EV-to-EBIT: 13.38 (16% below median its 10-year median of 15.87)
GF Value™: $25.94 vs. price of $34.71 (33.8% above fair value)
Industry Position: 25.5% below the REITs median (#213 of 668)
No single metric tells the full story. See the MPTYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
58GF Score
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