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STOCK COMPARISON

Arena REIT vs Equinix: Fair Value & Quality

Both stocks run through our valuation models. Here is how Arena REIT (ARF) and Equinix (EQIX) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Arena REIT as the less overvalued of the two: Arena REIT trades at A$3.28 versus a fair value of A$2.40 (-27%), while Equinix trades at $1,043 versus $233 (-78%).
Arena REIT
ARF.AU · AUD · Real Estate
-27%
upside to fair value
overvalued
PriceA$3.28
Fair ValueA$2.40
Quality57/100
Equinix
EQIX · USD · Real Estate
-78%
upside to fair value
overvalued
Price$1,043
Fair Value$233
Quality48/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Arena REITEquinix
Valuation
8.7×P/E (TTM)70.0×
8.15×P/S (TTM)10.45×
0.77×P/B7.03×
15.8×EV/EBITDA27.0×
PEG3.35×
5.7%Dividend yield1.9%
A$0.19Dividend per share$19.23
Profitability
133%Net margin15%
91%Operating margin24%
11%Return on equity10%
4%Return on assets4%
Growth
12%Revenue growth (YoY)12%
10.6%Avg. growth/yr (3Y)8.4%
12.7%Avg. growth/yr (5Y)9.1%
Balance & size
0.35×Debt / equity1.24×
$948MMarket cap$100B
healthyGrowth qualityexpensive

Arena REIT leads: 12 to 1 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Arena REITof which business quality 56 · market factors 49 Equinixof which business quality 45 · market factors 70
ProfitabilityMargins and returns on capital today
37
34
Quality GrowthAre margins and returns improving?
58
62
CashflowEarnings quality: real cash, not paper profit
82
51
Fin. StrengthBalance sheet, leverage, solvency risk
59
30
InvestmentDisciplined investing over empire-building
85
38
Low VolatilityCalm price path (market factor)
87
72
MomentumPrice trend over the last 3–12 months (market factor)
35
65
52W MomentumDistance to the 52-week high (market factor)
29
77
Net IssuanceBuybacks instead of dilution
19
66

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Arena REIT

DCF ModelsA$2.46
Dividend DiscountA$1.65
MultiplesA$3.24
Asset-BasedA$2.03
Growth DCFA$2.20
Economic ProfitA$2.37

12 of 15 models see the stock below the current price.

Equinix

Dividend Discount$331
Multiples$233
Asset-Based$96.17
Economic Profit$138

9 of 9 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Arena REIT
Bear A$1.84Fair Value A$2.40Bull A$3.62
A$3.28 = current price (white tick)
Equinix
Bear $175Fair Value $233Bull $291
$1,043 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Arena REIT · Real Estate

Quality score57 · above median
Fair value upside-27% · below median

Equinix · Real Estate

Quality score48 · below median
Fair value upside-78% · bottom 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Arena REIT as the less overvalued of the two: Arena REIT trades at A$3.28 versus a fair value of A$2.40 (-27%), while Equinix trades at $1,043 versus $233 (-78%).

Arena REIT has the higher quality score (57/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.