The historical rank and industry rank for Alexandria Real Estate Equities's EV-to-FCF or its related term are showing as below:
ARE'
s EV-to-FCF Range Over the Past 10 Years
Min: 16.51 Med: 35.2 Max: 47.68
Current: 17.67
During the past 13 years, the highest EV-to-FCF of Alexandria Real Estate Equities was 47.68. The lowest was 16.51. And the median was 35.20.
ARE's EV-to-FCF is ranked better than 64.24% of 741
companies
in the REITs industry
Industry Median: 22.97
vs ARE: 17.67
EV-to-FCF 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-FCF Explanation
EV-to-FCF 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 $49.87.
Alexandria Real Estate Equities's Earnings per Share (Diluted) 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 $-6.270.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Alexandria Real Estate Equities EV-to-FCF Related Terms
Alexandria Real Estate Equities EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Alexandria Real Estate Equities's EV-to-FCF falls into.
Alexandria Real Estate Equities's current Enterprise Value is $24,780 Mil.
Alexandria Real Estate Equities's Free Cash Flow 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 $1,403 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-FCF of 17.67 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Alexandria Real Estate Equities and its competitors. This is 50% below median its historical median of 35.20. Over the past decade, Alexandria Real Estate Equities' EV-to-FCF has ranged from 16.51 to 47.68. According to the industry distribution chart, Alexandria Real Estate Equities ranks #265 out of 741 companies in the REITs industry, placing it in the top 35.8%.
Is Alexandria Real Estate Equities' EV-to-FCF too high?
Alexandria Real Estate Equities' current EV-to-FCF of 17.67 is 50% 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-FCF is 22.97. Alexandria Real Estate Equities' value of 17.67 is 23.1% below this industry median. Based on the distribution chart, Alexandria Real Estate Equities ranks #265 out of 741 companies in the REITs industry, which is above the industry midpoint. Overall, Alexandria Real Estate Equities has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' EV-to-FCF compare to BXP and VNO?
According to the REITs industry distribution chart, Alexandria Real Estate Equities ranks #265 out of 741 companies for EV-to-FCF. This puts Alexandria Real Estate Equities in the upper half of its industry. The industry median EV-to-FCF is 22.97. Alexandria Real Estate Equities' value of 17.67 is 23.1% below this benchmark. Historically, Alexandria Real Estate Equities' own EV-to-FCF 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 22.97, Alexandria Real Estate Equities has consistently been below 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-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 22.97, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 17.67 is 23.1% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Alexandria Real Estate Equities and its competitors. For the REITs industry, the median EV-to-FCF is 22.97 — 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-FCF is 17.67, which is 50% 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 $95.90, compared to a current price of $49.87 — trading 48% below its estimated fair value. The current EV-to-FCF is 17.67, which is 50% below median its 10-year median of 35.20 and 23.1% below the REITs industry median of 22.97. Alexandria Real Estate Equities' overall GF Score™ is 63/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Alexandria Real Estate Equities (ARE), the current EV-to-FCF is 17.67 as of Jul. 06, 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 $49.87 is trading 48% below its estimated GF Value™ of $95.90.
GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.
Key valuation signals for ARE:
EV-to-FCF: 17.67 (50% below median its 10-year median of 35.20)
GF Value™: $95.90 vs. price of $49.87 (48% below fair value)
Industry Position: 23.1% below the REITs median (#265 of 741)
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 Business Description
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.
63GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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