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The historical rank and industry rank for Alexandria Real Estate Equities's EV-to-OCF or its related term are showing as below:
ARE'
s EV-to-OCF Range Over the Past 10 Years
Min: 16.51 Med: 35.2 Max: 47.68
Current: 19.23
During the past 13 years, the highest EV-to-OCF of Alexandria Real Estate Equities was 47.68. The lowest was 16.51. And the median was 35.20.
ARE's EV-to-OCF is ranked worse than 53.18% of 929
companies
in the REITs industry
Industry Median: 18.21
vs ARE: 19.23
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Alexandria Real Estate Equities (NYSE:ARE) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Alexandria Real Estate Equities's PE Ratio (TTM) for today is calculated as:
Alexandria Real Estate Equities's share price for today is $48.14.
Alexandria Real Estate Equities's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.060.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Alexandria Real Estate Equities EV-to-OCF Related Terms
Alexandria Real Estate Equities EV-to-OCF Historical Data
* 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.
For the REIT - Office subindustry, Alexandria Real Estate Equities's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Alexandria Real Estate Equities's EV-to-OCF falls into.
Alexandria Real Estate Equities's current Enterprise Value is $24,603 Mil.
Alexandria Real Estate Equities's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,279 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 (ARE) has a EV-to-OCF of 19.23 as of Aug. 15, 2026. This is 45% below median its historical median of 35.20. Over the past decade, Alexandria Real Estate Equities' EV-to-OCF has ranged from 16.51 to 47.68. According to the industry distribution chart, Alexandria Real Estate Equities ranks #494 out of 929 companies in the REITs industry, placing it in the top 53.2%.
Is Alexandria Real Estate Equities' EV-to-OCF too high?
Alexandria Real Estate Equities' current EV-to-OCF of 19.23 is 45% below median its 10-year median of 35.20. Over the past 10 years, this metric has ranged from a low of 16.51 to a high of 47.68. The REITs industry median EV-to-OCF is 18.21. Alexandria Real Estate Equities' value of 19.23 is 5.6% above this industry median. Based on the distribution chart, Alexandria Real Estate Equities ranks #494 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Alexandria Real Estate Equities has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' EV-to-OCF compare to VNO and BXP?
According to the REITs industry distribution chart, Alexandria Real Estate Equities ranks #494 out of 929 companies for EV-to-OCF. This places Alexandria Real Estate Equities in the lower half of its industry. The industry median EV-to-OCF is 18.21. Alexandria Real Estate Equities' value of 19.23 is 5.6% above this benchmark. Historically, Alexandria Real Estate Equities' own EV-to-OCF has ranged from 16.51 to 47.68 over the past decade. While the company's 10-year median is 35.20 vs. the industry median of 18.21, Alexandria Real Estate Equities has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 18.21, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alexandria Real Estate Equities's current EV-to-OCF of 19.23 is 5.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 18.21 — 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-OCF is 19.23, which is 45% below median its own 10-year median of 35.20. 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 (ARE) is currently considered Possible Value Trap. The stock's GF Value™ is $89.69, compared to a current price of $48.14 — trading 46.3% below its estimated fair value. The current EV-to-OCF is 19.23, which is 45% below median its 10-year median of 35.20 and 5.6% above the REITs industry median of 18.21. Alexandria Real Estate Equities' overall GF Score™ is 57/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Alexandria Real Estate Equities (ARE), the current EV-to-OCF is 19.23 as of Aug. 15, 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 (ARE) Overvalued in 2026?
Based on GuruFocus' analysis, Alexandria Real Estate Equities stock appears to be undervalued.
The current stock price of $48.14 is trading 46.3% below its estimated GF Value™ of $89.69.
GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.
Key valuation signals for ARE:
EV-to-OCF: 19.23 (45% below median its 10-year median of 35.20)
GF Value™: $89.69 vs. price of $48.14 (46.3% below fair value)
Industry Position: 5.6% above the REITs median (#494 of 929)
No single metric tells the full story. See the ARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
57GF Score
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