GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexandria Real Estate Equities Inc (NYSE:ARE) » Definitions » Price-to-Free-Cash-Flow

Alexandria Real Estate Equities (Alexandria Real Estate Equities) Price-to-Free-Cash-Flow

: 12.21 (As of Today)
View and export this data going back to 1997. Start your Free Trial

As of today (2024-04-18), Alexandria Real Estate Equities's share price is $116.45. Alexandria Real Estate Equities's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.54. Hence, Alexandria Real Estate Equities's Price-to-Free-Cash-Flow Ratio for today is 12.21.

The historical rank and industry rank for Alexandria Real Estate Equities's Price-to-Free-Cash-Flow or its related term are showing as below:

ARE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.69   Med: 21.74   Max: 33.4
Current: 12.21

During the past 13 years, Alexandria Real Estate Equities's highest Price-to-Free-Cash-Flow Ratio was 33.40. The lowest was 9.69. And the median was 21.74.

ARE's Price-to-Free-Cash-Flow is ranked worse than
51.29% of 696 companies
in the REITs industry
Industry Median: 11.975 vs ARE: 12.21

Alexandria Real Estate Equities's Free Cash Flow per Share for the three months ended in Dec. 2023 was $2.51. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $9.54.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Alexandria Real Estate Equities was 19.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 11.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 10.70% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 7.20% per year.

During the past 13 years, Alexandria Real Estate Equities's highest 3-Year average Free Cash Flow per Share Growth Rate was 43.30% per year. The lowest was -85.60% per year. And the median was 5.15% per year.


Alexandria Real Estate Equities Price-to-Free-Cash-Flow Historical Data

The historical data trend for Alexandria Real Estate Equities's Price-to-Free-Cash-Flow 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.

* Premium members only.

Alexandria Real Estate Equities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.59 25.54 32.54 18.20 13.29

Alexandria Real Estate Equities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 18.20 14.67 12.25 10.58 13.29

Competitive Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Alexandria Real Estate Equities Price-to-Free-Cash-Flow Distribution

For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Alexandria Real Estate Equities's Price-to-Free-Cash-Flow falls into.



Alexandria Real Estate Equities Price-to-Free-Cash-Flow Calculation

Alexandria Real Estate Equities's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=116.45/9.539
=12.21

Alexandria Real Estate Equities's Share Price of today is $116.45.
Alexandria Real Estate Equities's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.54.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Alexandria Real Estate Equities  (NYSE:ARE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Alexandria Real Estate Equities Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Alexandria Real Estate Equities's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Alexandria Real Estate Equities (Alexandria Real Estate Equities) Business Description

Traded in Other Exchanges
Address
26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
Executives
James P Cain director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Kristina Fukuzaki-carlson officer: EVP - Business Operations C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Daniel J Ryan officer: EVP - San Diego C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Madeleine Thorp Alsbrook officer: EVP - Talent Management C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Joel S Marcus director, officer: Chief Executive Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
John H Cunningham officer: EVP - Regional Market Director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Hunter Kass officer: EVP - Regional Market Director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVE., PASADENA CA 91101
Orraparn C. Lee officer: EVP - Accounting C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Marc E Binda officer: EVP - Finance & Treasurer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Vincent Ciruzzi officer: Chief Development Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Dean A Shigenaga officer: Chief Financial Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Peter M Moglia officer: Chief Investment Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Maria C Freire director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Jackie B. Clem officer: General Counsel & Secretary C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Stephen Richardson officer: Chief Operating Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101