Fair value (multi-method)
Four independent methods triangulate what ARE is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
—
Method range
$48.88 – $87.19
median $63.04
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | — | — |
| Exit multiple | $87.19 | +70.02% |
| Analyst target | $48.88 | -4.68% |
| Graham number | $63.04 | +22.94% |
- Forward DCF—
- Exit multiple$87.19
- Analyst target$48.88
- Graham number$63.04
Stock price
$51.28
FCF / share (TTM)
$1.04
3Y FCF CAGR
1.2%
Fair value @ hist. growth
$12.11
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
21.2%
per year over your projection horizon
Margin of safety -323.5% vs hist-growth DCF
Historical 3Y CAGR
1.2%
Your model implies
21.2%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 1% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.6% | 17.9% | 17.2% | 16.5% | 15.6% | 14.7% |
| 9.6% | 20.2% | 19.6% | 18.9% | 18.2% | 17.4% |
| 10.6% | 22.4% | 21.8% | 21.2% | 20.6% | 19.9% |
| 11.6% | 24.4% | 23.9% | 23.4% | 22.8% | 22.2% |
| 12.6% | 26.4% | 25.9% | 25.4% | 24.9% | 24.4% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$12.2B
Total debt − cash
Beta
1.20
Vs market benchmark
Frequently asked questions
Alexandria Real Estate Equities (ARE) Key Financials
Charts, filings, and peer comparison for every metric
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