Alexandria Real Estate Equities Inc
NYSE: ARE · REAL ESTATE · REIT - OFFICE
Updated 2026-04-29
Alexandria Real Estate Equities Inc (ARE) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for ARE.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
ARE historical valuation range
Where current P/E sits in ARE's own 5Y range.
ARE intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
ARE valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
P/S Ratio — History
Current: 2.44x
Is ARE overvalued in 2026?
Alexandria Real Estate Equities Inc (ARE) currently trades at $41.05 per share with a market capitalization of $7,153,762,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 51/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
ARE currently has no meaningful P/E ratio, which typically signals that the company is unprofitable, near breakeven, or emerging from a loss-making period. With a P/S ratio of 2.4x, the market is valuing the company primarily on its revenue rather than its earnings.
Looking at its own history, ARE is currently trading cheaper than 100% of the last 5Y on P/E. This places it in the 0th percentile of its historical range, a level that has historically coincided with attractive entry points.
Our discounted cash flow model estimates ARE's intrinsic value at $133.89 per share, against the current market price of $41.05. This implies a margin of safety of +59.85%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.
The Piotroski F-Score of 5/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: ARE trades at a fair valuation on our framework, with a Smart Value Score of 51/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is ARE overvalued in 2026?
Based on a Smart Value Score of 51/100, ARE is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.
What is ARE's fair value?
Our DCF model estimates ARE's intrinsic value at $133.89 per share, versus the current price of $41.05. This produces a margin of safety of +59.85%.
What P/E ratio does ARE trade at?
ARE does not have a meaningful P/E ratio at this time, typically a sign of unprofitability or an ongoing earnings transition.
Is ARE a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 51/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.
How does ARE's valuation compare to its history?
On P/E, ARE currently sits in the 0th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.
What is ARE's Smart Value Score?
ARE's Smart Value Score is 51/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.