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Merlin Properties SOCIMIMPTYY 58 Equity-to-Asset is 0.59 as of Mar. 2026, which is 16% above its 10-year median of 0.51. 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 934 REITs companies, Merlin Properties SOCIMI ranks better than 52.03% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Merlin Properties SOCIMI Equity-to-Asset Related Terms
Merlin Properties SOCIMI Equity-to-Asset 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.
MPTYY vs BXP, ARE, VNO: Equity-to-Asset Comparison
For the REIT - Office subindustry, Merlin Properties SOCIMI's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Merlin Properties SOCIMI's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Merlin Properties SOCIMI's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Merlin Properties SOCIMI's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Merlin Properties SOCIMI and its competitors. This is 16% above median its historical median of 0.51. Over the past decade, Merlin Properties SOCIMI's Equity-to-Asset has ranged from 0.44 to 0.60. According to the industry distribution chart, Merlin Properties SOCIMI ranks #448 out of 934 companies in the REITs industry, placing it in the top 48%.
Is Merlin Properties SOCIMI's Equity-to-Asset too high?
Merlin Properties SOCIMI's current Equity-to-Asset of 0.59 is 16% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.60. The REITs industry median Equity-to-Asset is 0.58. Merlin Properties SOCIMI's value of 0.59 is 1.7% above this industry median. Based on the distribution chart, Merlin Properties SOCIMI ranks #448 out of 934 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 Equity-to-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Merlin Properties SOCIMI ranks #448 out of 934 companies for Equity-to-Asset. This puts Merlin Properties SOCIMI in the upper half of its industry. The industry median Equity-to-Asset is 0.58. Merlin Properties SOCIMI's value of 0.59 is 1.7% above this benchmark. Historically, Merlin Properties SOCIMI's own Equity-to-Asset has ranged from 0.44 to 0.60 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.58, 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 Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merlin Properties SOCIMI's current Equity-to-Asset of 0.59 is 1.7% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Merlin Properties SOCIMI and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin Properties SOCIMI's current Equity-to-Asset is 0.59, which is 16% above median its own 10-year median of 0.51. 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 Equity-to-Asset is 0.59, which is 16% above median its 10-year median of 0.51 and 1.7% above the REITs industry median of 0.58. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Merlin Properties SOCIMI (MPTYY), the current Equity-to-Asset is 0.59 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 (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:
Equity-to-Asset: 0.59 (16% above median its 10-year median of 0.51)
GF Value™: $25.94 vs. price of $34.71 (33.8% above fair value)
Industry Position: 1.7% above the REITs median (#448 of 934)
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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