MERLIN Properties SOCIMI, S.A.

Factors to consider:

• Earnings expected soon, date: nan
• Company pays dividends (semi-annually): last record date 2025-11-24, amount 0.23$ (Y2.50%)
• Earnings for 12 months up through Q4 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [9.79$, 13.28$]
• 2025-12-31 to 2026-12-31 estimated range: [9.68$, 13.29$]

Financial Metrics affecting the MRPRF estimates:

• Positive: with PPE of 17.7 at the end of fiscal year the price was low
• Positive: Operating profit margin, % of 75.93 > 18.52
• Negative: Industry earnings per price (median), % of 0.69 <= 4.54
• Positive: Industry operating profit margin (median), % of 23.26 > 9.67
• Negative: Operating cash flow per share per price, % of 5.79 <= 6.68
• Negative: 0.73 < Interest expense per share per price, % of 2.38
• Positive: Industry operating cash flow per share per price (median), % of 10.43 > 10.31
• Positive: 42.60 < Shareholder equity ratio, % of 55.73 <= 64.25
• Positive: 1.88 < Return on assets ratio (scaled to [-100,100]) of 2.15
• Negative: Investing cash flow per share per price, % of -5.38 <= -4.45