Alexandria Real Estate Equities Inc (ARE) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Alexandria Real Estate Equities Inc (ARE) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Alexandria Real Estate Equities Inc is engaged in life science and technology campuses through ownership, operation, management and selective redevelopment and development of properties in office/laboratory space. Alexandria Real Estate Equities Inc has a market cap of $13.59 billion; its shares were traded at around $125.75 with a P/E ratio of 141.27 and P/S ratio of 11.63. The dividend yield of Alexandria Real Estate Equities Inc stocks is 2.74%.
Warning! GuruFocus has detected 7 Warning Signs with ARE. Click here to check it out.
The intrinsic value of ARE
For the last quarter Alexandria Real Estate Equities Inc reported a revenue of $268.4 million, compared with the revenue of $204.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1 billion, an increase of 24.1% from last year. For the last five years Alexandria Real Estate Equities Inc had an average revenue growth rate of 14.6% a year. The Alexandria Real Estate Equities Inc had a decent operating margin of 19.13%, compared with the operating margin of -6.1% a year before. The 10-year historical median operating margin of Alexandria Real Estate Equities Inc is 21.67%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Alexandria Real Estate Equities Inc has the cash and cash equivalents of $254.4 million, compared with $125.0 million in the previous year. The long term debt was $1.3 billion, compared with $1.8 billion in the previous year. The interest coverage to the debt is 1.5, which is not a favorable level. Alexandria Real Estate Equities Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $125.75, Alexandria Real Estate Equities Inc is traded at 28.5% premium to its historical median P/S valuation band of $97.86. The P/S ratio of the stock is 11.63, while the historical median P/S ratio is 9.05. The stock gained 15.19% during the past 12 months.
For the complete 20-year historical financial data of ARE, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 7 Warning Signs with ARE. Click here to check it out.
The intrinsic value of ARE
