Alexandria Real Estate Equities Inc. (ARE)

Index:

S&P 500

$ 68.87
   
  • Change Today:
    $-1.33
  • 52 Week High: $129.08
  • 52 Week Low: $67.83
  • Currency: US Dollars
  • Shares Issued: 23.61m
  • Volume: 83,852
  • Market Cap: $1,625.76m
  • RiskGrade: 101
  • Beta: 0.75

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 3,116.39 2,885.70 2,588.96 2,114.15 1,885.64
Operating Profit/(Loss) 510.73 280.99 764.90 549.61 585.61
Profit Before Tax 510.73 280.99 670.70 654.28 827.17
Profit After Tax 510.73 280.99 670.70 654.28 827.17
           
Earnings per Share - Basic 180.00¢ 54.00¢ 318.00¢ 383.00¢ 603.00¢
Earnings per Share - Adjusted 180.00¢ 54.00¢ 318.00¢ 383.00¢ 603.00¢
           
Dividend per Share n/a n/a 472.00¢ 448.00¢ 424.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 0.31 0.24 n/a n/a n/a
Intangible Assets 15.19 12.77 n/a n/a n/a
Other Non-Current Assets 0.06 3.77 n/a n/a n/a
  15.55 16.78 n/a n/a n/a
Current Assets          
Inventories n/a n/a n/a n/a n/a
Cash at Bank & in Hand 1.45 3.56 n/a 361.35 568.53
Other Current Assets 7.13 7.88 n/a n/a n/a
  8.57 11.44 n/a 361.35 568.53
           
Other Assets n/a n/a 35,523.40 29,858.03 22,259.35
Total Assets 24.12 28.23 35,523.40 30,219.37 22,827.88
Current Liabilities          
Borrowings n/a 7.16 n/a n/a n/a
Other Current Liabilities 7.70 13.95 n/a n/a n/a
           
Current Liabilities 7.70 21.11 n/a n/a n/a
           
Net Current Assets c0.88 c(9.66) cn/a c361.35 c568.53
           
Borrowings n/a n/a n/a 8,521.88 7,563.29
Other Non-Current Liabilities 0.09 n/a n/a n/a n/a
Non-Current Liabilities 0.09 n/a n/a 8,521.88 7,563.29
           
Other Liabilities n/a n/a 12,859.38 2,673.86 1,832.16
Total Liabilities 7.78 21.11 12,849.76 11,195.74 9,395.44
           
Net Assets 16.34 7.12 22,673.63 19,023.64 13,432.44
           
Shareholders Funds 16.34 7.12 18,972.39 16,189.54 11,725.71
           
Minority Interests/Other Equity n/a n/a 3,701.25 2,834.10 1,706.72
Total Equity 16.34 7.12 22,673.63 19,023.64 13,432.44
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 1,504.52 1,630.55 1,294.32 1,010.20 882.51
Net Cash Flow from Investing Activities (1,510.69) (2,500.62) (5,080.46) (7,107.32) (3,278.16)
Net Cash Flow from Financing Activities (94.75) 672.86 4,228.88 5,914.65 2,750.67
Net Increase/Decrease In Cash (100.92) (197.20) 442.75 (182.48) 355.02
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 54.2 234.8 45.8 58.2 29.6
PEG - Adjusted 0.2 n/a n/a n/a 0.3
Earnings per Share Growth - Adjusted 233% -83% -17% -36% 93%
Dividend Cover n/a n/a 0.67 0.85 1.42
Revenue per Share 13,200.58¢ 12,223.40¢ 10,966.46¢ 8,955.23¢ 7,987.28¢
Pre-Tax Profit per Share 2,163.39¢ 1,190.25¢ 2,840.99¢ 2,771.44¢ 3,503.77¢
Operating Margin 16.39% 9.74% 29.54% 26.00% 31.06%
Return on Capital Employed 44,219.32% 18,720.45% 2.96% 2.38% 3.94%
           
Dividend Yield 0.0% 0.0% 3.2% 2.0% 2.4%
Dividend per Share Growth n/a (100.00%) 5.36% 5.66% 6.00%
Operating Cash Flow per Share 6,372.94¢ 6,906.77¢ 5,482.55¢ 4,279.05¢ 3,738.18¢
Cash Incr/Decr per Share (427.50¢) (835.33¢) 1,875.41¢ (772.95¢) 1,503.80¢
Net Asset Value per Share (exc. Intangibles) 4.89¢ (23.95¢) 96,042.17¢ 80,581.32¢ 56,897.81¢
Net Gearing n/a 50.47% n/a 50.41% 59.65%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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