Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
/
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Alternative Income REIT plc is a real estate investment trust primarily focused on delivering stable income returns from its diverse portfolio of real estate assets across the UK. The primary function of this REIT is to provide investors with a steady income stream through investments in long-leased, high-quality properties. These properties are strategically selected from sectors such as retail, industrial, and office spaces, each underpinned by long-term leases that offer predictable and reliable rental income. This investment vehicle is particularly significant in the market for its ability to offer exposure to alternative property investments, often overlooked by traditional property funds. Its emphasis on securing properties with lengthy lease agreements helps buffer against market volatility and economic downturns, providing a consistent performance backdrop. Alternative Income REIT plc not only plays a vital role in diversifying real estate investments but also enhances the accessibility of income-generating real estate assets to a wider investor base, showcasing its importance in the broader financial ecosystem.
£0.70
+£0.00 (+0.00%)
EOD Jul 3, 2026
Revenue grew 171.4%, still solid. Free cash flow declined 37% despite revenue growth, conversion is weakening.
Free cash flow declined 37% versus the prior year, cash generation momentum has weakened. Net debt of £38M represents 9.3x FCF, leverage limits flexibility.
23.7x earnings, 13.9x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£3M
▲ +171.4% YoY
Net Income (TTM)
£2M
▲ +145.0% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
£4M
▼ -37.0% YoY
Op. Cash Flow (TTM)
£4M
▼ -37.0% YoY
Net Debt
£38M
Cash & Equiv.
£3M
3Y CAGR: -20.4%
3Y CAGR: -20.6%
Continue Research
At a P/E of 23.7 and a price-to-free-cash-flow of 13.9, Alternative Income REIT (AIRE.XLON) trades below a two-stage DCF intrinsic value of about £1.16 per share, so at £0.70 the stock looks undervalued (67.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Alternative Income REIT scores 31/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 8.9%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £1.16 per share for AIRE.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £0.87. At today's £0.70, that puts the stock about 67.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Alternative Income REIT scores 31 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Alternative Income REIT pays a regular dividend of about £0.06 per share per year (typically in quarterly installments), a yield of roughly 8.9% at the current price. That is a payout ratio of about 211.5% of earnings, so the dividend is stretched at this level. Alternative Income REIT has grown the dividend at roughly 5.5% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AIRE.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. AIRE.XLON currently trades below its estimated intrinsic value and scores 31/100 on quality (lower-quality). It also yields about 8.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.