COMP <GO>
ARE vs FR // EV/EBITDA & P/E VALUATION
Alexandria Real Estate Equities Inc. (NYSE) VS. First Industrial Realty Trust Inc. (NYSE) • 15-METRIC TALLY: ARE 5
— FR 6
■ METRIC PARITY
LAST: $42.57 (+5.90%) • MKT CAP: $7.41B
valuation
—
LAST: $54.80 (+0.72%) • MKT CAP: $7.27B
valuation
25.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ARE VS. FR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ARE | FR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -6.50% | 6.20% | -12.70 | FR | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 25.6x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 18.74% | 5.88% | +12.86 | ARE | /fcf-yield <GO> |
| Operating Margin | -60.00% | 41.50% | -101.50 | FR | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 34.00% | -94.00 | FR | /net-margins <GO> |
| Revenue Growth (YoY) | 3.30% | 8.60% | -5.30 | FR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 11.50% | 3.17% | +8.33 | ARE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 8/9 | -2.00 | FR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.7 | 35.6 | +11.10 | ARE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.96 | 1.06 | -0.10 | FR | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.0x | 27.4x | -0.40 | ARE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.41B | $7.27B | $148.8M | ARE | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ARE REV | FR REV | ARE GROSS % | FR GROSS % | ARE FCF | FR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.72B | $727.1M | — | — | $1.41B | $428.5M |
| FY 2024 | $1.07B | $669.6M | — | — | $1.50B | $322.4M |
| FY 2023 | $342.4M | $614.0M | — | — | $1.63B | $277.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ARE // BETA 0.96
FR // BETA 1.06