EN DE
STOCK COMPARISON

Merchants' National Properties vs Swiss Prime Site: Fair Value & Quality

Both stocks run through our valuation models. Here is how Merchants' National Properties (MNPP) and Swiss Prime Site (SPSN) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Merchants' National Properties as the less overvalued of the two: Merchants' National Properties trades at $2,300 versus a fair value of $1,536 (-33%), while Swiss Prime Site trades at CHF 129 versus CHF 44.83 (-65%).
Merchants' National Properties
MNPP · USD · Real Estate
-33%
upside to fair value
overvalued
Price$2,300
Fair Value$1,536
Quality62/100
Swiss Prime Site
SPSN.SW · CHF · Real Estate
-65%
upside to fair value
overvalued
PriceCHF 129
Fair ValueCHF 44.83
Quality63/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Merchants' National PropertiesSwiss Prime Site
Valuation
16.2×P/E (TTM)27.2×
9.01×P/S (TTM)23.08×
0.91×P/B1.83×
37.4×EV/EBITDA42.1×
PEG6.45×
Dividend yield2.7%
Dividend per shareCHF 3.50
Profitability
43%Net margin68%
Operating margin75%
4%Return on equity6%
1%Return on assets2%
Growth
7%Revenue growth (YoY)-20%
6.0%Avg. growth/yr (3Y)-5.1%
8.6%Avg. growth/yr (5Y)-6.9%
Balance & size
0.11×Debt / equity0.66×
$194MMarket cap$13B
healthyGrowth qualityweak

Merchants' National Properties leads: 8 to 3 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Merchants' National Propertiesof which business quality 59 · market factors 80 Swiss Prime Siteof which business quality 60 · market factors 63
ProfitabilityMargins and returns on capital today
34
34
Quality GrowthAre margins and returns improving?
56
39
CashflowEarnings quality: real cash, not paper profit
83
80
Fin. StrengthBalance sheet, leverage, solvency risk
29
43
InvestmentDisciplined investing over empire-building
92
92
Low VolatilityCalm price path (market factor)
67
100
MomentumPrice trend over the last 3–12 months (market factor)
77
44
52W MomentumDistance to the 52-week high (market factor)
100
53
Net IssuanceBuybacks instead of dilution
81
88

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Merchants' National Properties

DCF Models$1,091
Dividend Discount$966
Multiples$972
Asset-Based$1,563
Growth DCF$829
Economic Profit$1,575

16 of 16 models see the stock below the current price.

Swiss Prime Site

DCF ModelsCHF 14.06
Dividend DiscountCHF 44.01
MultiplesCHF 49.13
Asset-BasedCHF 59.01
Economic ProfitCHF 70.99

10 of 10 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Merchants' National Properties
Bear $1,152Fair Value $1,536Bull $1,536
$2,300 = current price (white tick)
Swiss Prime Site
Bear CHF 33.62Fair Value CHF 44.83Bull CHF 56.04
CHF 129 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Merchants' National Properties · Real Estate

Quality score62 · Top 25%
Fair value upside-33% · below median

Swiss Prime Site · Real Estate

Quality score63 · Top 25%
Fair value upside-65% · bottom 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Merchants' National Properties as the less overvalued of the two: Merchants' National Properties trades at $2,300 versus a fair value of $1,536 (-33%), while Swiss Prime Site trades at CHF 129 versus CHF 44.83 (-65%).

Swiss Prime Site has the higher quality score (63/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.