Alexandria Real Estate Equities (MEX:ARE) EV-to-EBIT: -39.01 (As of Aug. 01, 2026)

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.

MEX:ARE Alexandria Real Estate Equities Inc MEX:ARE
49 GF Score
Price MXN964.00
GF Value MXN1,785.98
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Alexandria Real Estate Equities EV-to-EBIT?

Alexandria Real Estate Equities MEX:ARE 49 EV-to-EBIT is -39.01 as of Aug. 01, 2026. GuruFocus rates MEX:ARE with a GF Score™ of 49/100 and a GF Value™ of MXN1,785.98 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 655 REITs companies, Alexandria Real Estate Equities ranks worse than 152671.6% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Alexandria Real Estate Equities's Enterprise Value is MXN434,694 Mil. Alexandria Real Estate Equities's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-11,144 Mil. Therefore, Alexandria Real Estate Equities's EV-to-EBIT for today is -39.01.

The historical rank and industry rank for Alexandria Real Estate Equities's EV-to-EBIT or its related term are showing as below:

MEX:ARE' s EV-to-EBIT Range Over the Past 10 Years
Min: -1545.24   Med: 48.77   Max: 252.98
Current: -40.63

During the past 13 years, the highest EV-to-EBIT of Alexandria Real Estate Equities was 252.98. The lowest was -1545.24. And the median was 48.77.

MEX:ARE's EV-to-EBIT is ranked worse than
100% of 655 companies
in the REITs industry
Industry Median: 18.2 vs MEX:ARE: -40.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Alexandria Real Estate Equities's Enterprise Value for the quarter that ended in Mar. 2026 was MXN453,765 Mil. Alexandria Real Estate Equities's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-11,144 Mil. Alexandria Real Estate Equities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.46%.


Alexandria Real Estate Equities  (MEX:ARE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Alexandria Real Estate Equities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-11143.984/453765.174
=-2.46 %

Alexandria Real Estate Equities's Enterprise Value for the quarter that ended in Mar. 2026 was MXN453,765 Mil.
Alexandria Real Estate Equities's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-11,144 Mil.

* 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.


Alexandria Real Estate Equities EV-to-EBIT Related Terms


Alexandria Real Estate Equities EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Alexandria Real Estate Equities's EV-to-EBIT 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.

Alexandria Real Estate Equities EV-to-EBIT Chart

Alexandria Real Estate Equities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.94 50.10 104.24 48.10 -24.49

Alexandria Real Estate Equities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial 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 63.22 79.23 -1,542.10 -24.49 -38.95

MEX:ARE vs VNO, BXP, CUZ: EV-to-EBIT Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alexandria Real Estate Equities's EV-to-EBIT falls into.


MEX:ARE
49GF Score
Alexandria Real Estate Equities Inc MEX:ARE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexandria Real Estate Equities EV-to-EBIT Calculation

Alexandria Real Estate Equities's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=434694.447/-11143.984
=-39.01

Alexandria Real Estate Equities's current Enterprise Value is MXN434,694 Mil.
Alexandria Real Estate Equities's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-11,144 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -39.01 mean?
Alexandria Real Estate Equities (MEX:ARE) has a EV-to-EBIT of -39.01 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Alexandria Real Estate Equities and its competitors. According to the industry distribution chart, Alexandria Real Estate Equities ranks #999999 out of 655 companies in the REITs industry.
Is Alexandria Real Estate Equities' EV-to-EBIT too high?
Alexandria Real Estate Equities' current EV-to-EBIT is -39.01. Based on the distribution chart, Alexandria Real Estate Equities ranks #999999 out of 655 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Alexandria Real Estate Equities has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' EV-to-EBIT compare to VNO and BXP?
According to the REITs industry distribution chart, Alexandria Real Estate Equities ranks #999999 out of 655 companies for EV-to-EBIT. This places Alexandria Real Estate Equities in the lower half of its industry. The industry median EV-to-EBIT is 18.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.20, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Alexandria Real Estate Equities and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexandria Real Estate Equities's current EV-to-EBIT is -39.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexandria Real Estate Equities stock overvalued right now?
Based on GuruFocus' analysis, Alexandria Real Estate Equities (MEX:ARE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,785.98, compared to a current price of MXN964.00 — trading 46% below its estimated fair value. The current EV-to-EBIT is -39.01. Alexandria Real Estate Equities' overall GF Score™ is 49/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Alexandria Real Estate Equities (MEX:ARE), the current EV-to-EBIT is -39.01 as of Aug. 01, 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 Alexandria Real Estate Equities (MEX:ARE) Overvalued in 2026?

Based on GuruFocus' analysis, Alexandria Real Estate Equities stock appears to be undervalued. The current stock price of MXN964.00 is trading 46% below its estimated GF Value™ of MXN1,785.98. GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.

Key valuation signals for MEX:ARE:

  • EV-to-EBIT: -39.01
  • GF Value™: MXN1,785.98 vs. price of MXN964.00 (46% below fair value)
  • GF Score™: 49/100 with 10 warning signs

No single metric tells the full story. See the MEX:ARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexandria Real Estate Equities Business Description

Industry Real EstateREITs
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 market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle, Texas, and Canada. The Company is a life science real estate investment trust focused on developing, redeveloping, and operating properties that provide space for lease to tenants in the life science industry.
49GF Score

Get the complete analysis for MEX:ARE

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN964.00
Price
MXN1,785.98
GF Value