Merlin Properties SOCIMI (WBO:MERL) Net Interest Margin (Bank Only) %

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:MERL Merlin Properties SOCIMI SA WBO:MERL
85 GF Score
Price €14.89
GF Value €10.88
! 8 Warning Signs
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What is Merlin Properties SOCIMI Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % only applies to banks.

WBO:MERL
85GF Score
Merlin Properties SOCIMI SA WBO:MERL
Net Interest Margin (Bank Only) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Merlin Properties SOCIMI (WBO:MERL) Overvalued in 2026?

Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued. The current stock price of €14.89 is trading 36.9% above its estimated GF Value™ of €10.88.

Key valuation signals for WBO:MERL:

  • Net Interest Margin (Bank Only) %:
  • GF Value™: €10.88 vs. price of €14.89 (36.9% above fair value)
  • GF Score™: 85/100 with 8 warning signs

No single metric tells the full story. See the WBO:MERL 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.
85GF Score

Get the complete analysis for WBO:MERL

Net Interest Margin (Bank Only) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.89
Price
€10.88
GF Value