$Alexandria Real Estate Equities Inc (ARE.US)$ 📵 2024.4.12 ...

New data: Q4 2023, revenue and operating profit continue to grow, and net income turned into a loss due to impairment of capital assets.

In 2023, revenue increased by 11.5%, operating profit increased by 17.1%, and net income shrunk significantly by 58.1%.

The asset liability ratio increased from 36.2% to 38.5%, real estate increased to 32.3 billion, accounting for 87.8% of the total assets of 36.8 billion. The total liabilities are 14.1 billion, representing 43.7% of the real estate.

Currently, the PE ratio is 227, with a 5-year average net income of 0.45 billion corresponding to a PE ratio of 47.7. It is currently severely overvalued and lacks attractiveness.