Mulya.ai
Ticker
ARE
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?14.9%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.319
Beta (levered) ?3.000
Terminal OM% ?22.6%
Segment conc. ?97% dominant
Terminal growth ?4.1%
Bond rating ?CCC · 9.18%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?20.0%
Pipeline validated · 2026-05-17

ARE · Alexandria Real Estate Equities, Inc.

$43.232026-05-17
Sector: Real Estate; Industry: REIT - Office; Sub-Industry: Office REITs

Intrinsic Value Range Comparison · Mulya.ai

Bull
$0
-3546.3% vs market
Base · active
$0
-290.0% vs market
Bear
$0
-281.2% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $-78
Base $-82
Bull $-1490
Market $43
Median $57
Market Price $43
Mulya.ai Base $-82
Analysts Median $57
Mulya.ai IV range ($-78 · $-1490)
Analysts Range ($45 · $67)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$2.1B24.3%0.0%$512MM−$4.2B−$3.7B10.0%2.1%$24.6B$3.35
2022.Q4$2.6B22.2%23.8%0.0%$613MM$804MM$1.4B10.4%2.3%$28.3B$3.06
2023.Q4$2.8B10.3%24.3%0.0%$690MM$610MM$1.3B9.6%2.4%$29.2B$0.61
2024.Q4$3.0B7.3%25.2%0.0%$770MM$915MM$1.7B10.4%2.6%$29.6B$1.90
2025.Q4$3.0B-2.6%-40.5%0.0%−$1.2B$1.0B−$159MM15.2%-4.2%$27.3B$-8.40
italics below = DCF projection · 10yr Rev CAGR: 2.3%
2026.Q4$2.7B+-9.7%-40.5%2.0%−$1.1B$0MM−$1.1B14.3%−$931MM-3.9%$27.3B$-6.25
2027.Q4$2.7B+0.3%-36.5%4.0%−$944MM−$3MM−$947MM13.7%−$728MM-3.5%$27.3B$-5.54
2028.Q4$2.8B+4.3%-32.6%6.0%−$860MM−$85MM−$944MM13.2%−$642MM-3.1%$27.4B$-5.05
2029.Q4$2.9B+4.2%-28.6%8.0%−$771MM−$444MM−$1.2B12.6%−$733MM-2.8%$27.9B$-4.52
2030.Q4$3.0B+4.2%-24.7%10.0%−$677MM−$450MM−$1.1B12.0%−$607MM-2.4%$28.3B$-3.97
Term. Yr+$3.9B4.1%22.6%20.0%$703MM−$335MM$368MM8.6%$2.7B8.6%
Active scenario IV: $0 (-290.0% vs market)