MRPRF (Merlin Properties SOCIMI) EPS without NRI: $1.33 (TTM As of Mar. 2026)


MRPRF Merlin Properties SOCIMI SA MRPRF
81 GF Score
Price $17.90
GF Value $12.51
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Merlin Properties SOCIMI EPS without NRI?

Merlin Properties SOCIMI MRPRF +0.56% 81 EPS without NRI is $1.33 as of Mar. 2026. GuruFocus rates MRPRF with a GF Score™ of 81/100 and a GF Value™ of $12.51 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 678 REITs companies, Merlin Properties SOCIMI ranks worse than 147492.48% on this metric.

Merlin Properties SOCIMI's earnings per share without non-recurring items for the three months ended in Mar. 2026 was $0.14. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $1.33.

During the past 12 months, Merlin Properties SOCIMI's average earnings per share (NRI) Growth Rate was 89.90% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Merlin Properties SOCIMI's EPS without NRI or its related term are showing as below:

During the past 13 years, Merlin Properties SOCIMI's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 71.90% per year. The lowest was -55.30% per year. And the median was -7.05% per year.

MRPRF's 3-Year EPS without NRI Growth Rate is not ranked *
in the REITs industry.
Industry Median: 0.8
* Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.

Merlin Properties SOCIMI's EPS (Diluted) for the three months ended in Mar. 2026 was $0.14. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.59.

Merlin Properties SOCIMI's EPS (Basic) for the three months ended in Mar. 2026 was $0.14. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.59.


Merlin Properties SOCIMI  (OTCPK:MRPRF) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Merlin Properties SOCIMI EPS without NRI Related Terms


Merlin Properties SOCIMI EPS without NRI Historical Data

* Premium members only.

The historical data trend for Merlin Properties SOCIMI's EPS without NRI 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 EPS without NRI Chart

Merlin Properties SOCIMI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 -0.00 -0.17 0.59 1.64

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
EPS without NRI 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 0.15 0.90 0.13 0.16 0.14

MRPRF vs BXP, ARE, VNO: EPS without NRI Comparison

For the REIT - Office subindustry, Merlin Properties SOCIMI's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Merlin Properties SOCIMI's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Merlin Properties SOCIMI's PE Ratio without NRI falls into.


MRPRF
81GF Score
Merlin Properties SOCIMI SA MRPRF
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Merlin Properties SOCIMI EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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 $1.33

* 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 EPS without NRI →
What does a EPS without NRI of $1.33 mean?
Merlin Properties SOCIMI (MRPRF) has a EPS without NRI of $1.33 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Merlin Properties SOCIMI and its competitors. According to the industry distribution chart, Merlin Properties SOCIMI ranks #999999 out of 678 companies in the REITs industry.
Is Merlin Properties SOCIMI's EPS without NRI too high?
Merlin Properties SOCIMI's current EPS without NRI is $1.33. The REITs industry median EPS without NRI is 0.80. Merlin Properties SOCIMI's value of $1.33 is 66.3% above this industry median. Based on the distribution chart, Merlin Properties SOCIMI ranks #999999 out of 678 companies in the REITs industry, which is in the bottom quartile 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 EPS without NRI compare to BXP and ARE?
According to the REITs industry distribution chart, Merlin Properties SOCIMI ranks #999999 out of 678 companies for EPS without NRI. This places Merlin Properties SOCIMI in the lower half of its industry. The industry median EPS without NRI is 0.80. Merlin Properties SOCIMI's value of $1.33 is 66.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 0.80, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merlin Properties SOCIMI's current EPS without NRI of $1.33 is 66.3% 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Merlin Properties SOCIMI and its competitors. For the REITs industry, the median EPS without NRI is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin Properties SOCIMI's current EPS without NRI is $1.33. 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 $12.51, compared to a current price of $17.90 — trading 43.1% above its estimated fair value. The current EPS without NRI is $1.33 and 66.3% above the REITs industry median of 0.80. Merlin Properties SOCIMI's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Merlin Properties SOCIMI (MRPRF), the current EPS without NRI is $1.33 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 43.1% above its estimated GF Value™ of $12.51. GuruFocus considers Merlin Properties SOCIMI to be Significantly Overvalued.

Key valuation signals for MRPRF:

  • EPS without NRI: $1.33
  • GF Value™: $12.51 vs. price of $17.90 (43.1% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 66.3% above the REITs median (#999999 of 678)

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

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.90
Price
$12.51
GF Value