Alexandria Real Estate Equities, Inc.

DB:A6W Stock Report

Market Cap: €11.2b

Alexandria Real Estate Equities Valuation

Is A6W undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A6W when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€127.71
Fair Value
50.7% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: A6W (€63) is trading below our estimate of fair value (€127.71)

Significantly Below Fair Value: A6W is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for A6W?

Key metric: As A6W is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A6W. This is calculated by dividing A6W's market cap by their current earnings.
What is A6W's PE Ratio?
PE Ratio97.7x
EarningsUS$131.07m
Market CapUS$12.60b

Price to Earnings Ratio vs Peers

How does A6W's PE Ratio compare to its peers?

The above table shows the PE ratio for A6W vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.6x
DOC Healthpeak Properties
44.2x-8.59%US$12.5b
OHI Omega Healthcare Investors
24.9x12.23%US$11.1b
CTRE CareTrust REIT
34.8x27.70%US$5.6b
SBRA Sabra Health Care REIT
30.6x10.15%US$4.3b
A6W Alexandria Real Estate Equities
97.7x26.58%€12.6b

Price-To-Earnings vs Peers: A6W is expensive based on its Price-To-Earnings Ratio (97.7x) compared to the peer average (39.7x).


Price to Earnings Ratio vs Industry

How does A6W's PE Ratio compare vs other companies in the Global Health Care REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A6W 97.7xIndustry Avg. 25.5xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A6W is expensive based on its Price-To-Earnings Ratio (97.7x) compared to the Global Health Care REITs industry average (26.6x).


Price to Earnings Ratio vs Fair Ratio

What is A6W's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A6W PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio97.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate A6W's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst A6W forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€63.00
€95.71
+51.92%
19.79%€129.83€68.52n/a13
May ’26€62.86
€96.21
+53.05%
18.04%€127.01€67.03n/a13
Apr ’26€85.00
€107.91
+26.96%
9.91%€133.34€92.60n/a13
Mar ’26€96.12
€113.67
+18.26%
9.28%€138.43€99.98n/a12
Feb ’26€93.64
€114.53
+22.31%
8.75%€138.30€99.88n/a12
Jan ’26€95.18
€116.01
+21.88%
8.48%€139.03€101.38n/a13
Dec ’25€104.00
€121.30
+16.63%
14.30%€176.05€106.01n/a13
Nov ’25€102.40
€123.03
+20.15%
12.98%€171.96€105.39n/a13
Oct ’25€105.90
€122.21
+15.41%
11.22%€166.58€111.95n/a13
Sep ’25€105.80
€123.81
+17.03%
11.49%€167.34€113.36n/a13
Aug ’25€108.15
€129.13
+19.40%
10.96%€171.85€116.41n/a13
Jul ’25€107.85
€132.90
+23.23%
10.08%€173.15€118.22n/a13
Jun ’25€106.35
€132.52
+24.61%
10.08%€172.65€117.88n/a13
May ’25€109.85
€133.82
+21.82%
9.97%€173.97€118.78€62.8613
Apr ’25€119.55
€130.09
+8.81%
10.94%€171.60€108.87€85.0013
Mar ’25€114.35
€130.80
+14.39%
10.96%€172.65€109.53€96.1213
Feb ’25€110.60
€131.04
+18.48%
10.68%€171.55€108.83€93.6413
Jan ’25€116.00
€122.82
+5.88%
13.94%€168.39€97.77€95.1812
Dec ’24€100.05
€120.99
+20.93%
15.04%€171.03€99.31€104.0012
Nov ’24€86.82
€128.98
+48.56%
15.85%€175.75€102.05€102.4012
Oct ’24€94.52
€142.97
+51.26%
10.25%€174.49€123.83€105.9010
Sep ’24€106.55
€144.75
+35.85%
9.22%€171.05€124.15€105.8010
Aug ’24€113.85
€143.52
+26.06%
9.15%€169.59€124.92€108.1510
Jul ’24€103.85
€148.15
+42.66%
9.72%€170.45€125.55€107.859
Jun ’24€105.80
€148.48
+40.34%
9.67%€170.36€129.14€106.359
May ’24€112.40
€157.40
+40.04%
10.67%€179.69€127.96€109.859
AnalystConsensusTarget
Consensus Narrative from 13 Analysts
€90.31
Fair Value
30.2% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/19 19:38
End of Day Share Price 2025/05/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alexandria Real Estate Equities, Inc. is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RodgersBaird
Wesley GolladayBaird
Ross SmotrichBarclays