AMERICAN ASSETS TRUST INC (AAT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AAT - US0240131047 - REIT
18.11 USD
-0.18 (-0.98%)
18.11 USD
0 (0%)
Taking everything into account, AAT scores 3 out of 10 in our fundamental rating. AAT was compared to 125 industry peers in the Diversified REITs industry. There are concerns on the financial health of AAT while its profitability can be described as average. AAT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- AAT had positive earnings in the past year.
- AAT had a positive operating cash flow in the past year.
- AAT had positive earnings in each of the past 5 years.
- In the past 5 years AAT always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.09%, AAT is in the better half of the industry, outperforming 64.80% of the companies in the same industry.
- AAT has a Return On Equity of 5.26%. This is in the better half of the industry: AAT outperforms 65.60% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.01%, AAT is in line with its industry, outperforming 59.20% of the companies in the same industry.
- AAT had an Average Return On Invested Capital over the past 3 years of 3.22%. This is in line with the industry average of 3.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 5.26% | ||
| ROIC | 3.01% |
ROA(3y)1.63%
ROA(5y)1.36%
ROE(3y)4.2%
ROE(5y)3.41%
ROIC(3y)3.22%
ROIC(5y)2.99%
1.3 Margins
- With a decent Profit Margin value of 13.99%, AAT is doing good in the industry, outperforming 60.80% of the companies in the same industry.
- AAT's Profit Margin has been stable in the last couple of years.
- AAT has a Operating Margin (24.63%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of AAT has declined.
- Looking at the Gross Margin, with a value of 61.60%, AAT is doing worse than 64.80% of the companies in the same industry.
- In the last couple of years the Gross Margin of AAT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.63% | ||
| PM (TTM) | 13.99% | ||
| GM | 61.6% |
OM growth 3Y2.01%
OM growth 5Y-1.87%
PM growth 3Y17.96%
PM growth 5Y-0.09%
GM growth 3Y-1.09%
GM growth 5Y-0.21%
2. Health
2.1 Basic Checks
- AAT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, AAT has more shares outstanding
- AAT has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, AAT has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.52, we must say that AAT is in the distress zone and has some risk of bankruptcy.
- AAT has a Altman-Z score (0.52) which is in line with its industry peers.
- The Debt to FCF ratio of AAT is 66.24, which is on the high side as it means it would take AAT, 66.24 years of fcf income to pay off all of its debts.
- AAT has a better Debt to FCF ratio (66.24) than 68.00% of its industry peers.
- A Debt/Equity ratio of 1.44 is on the high side and indicates that AAT has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.44, AAT perfoms like the industry average, outperforming 45.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 66.24 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.51
WACC5.9%
2.3 Liquidity
- A Current Ratio of 1.61 indicates that AAT should not have too much problems paying its short term obligations.
- AAT has a better Current ratio (1.61) than 76.00% of its industry peers.
- A Quick Ratio of 1.61 indicates that AAT should not have too much problems paying its short term obligations.
- The Quick ratio of AAT (1.61) is better than 76.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
- AAT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -71.13%.
- The Earnings Per Share has been growing slightly by 2.01% on average over the past years.
- AAT shows a decrease in Revenue. In the last year, the revenue decreased by -3.79%.
- Measured over the past years, AAT shows a small growth in Revenue. The Revenue has been growing by 4.54% on average per year.
EPS 1Y (TTM)-71.13%
EPS 3Y31.27%
EPS 5Y2.01%
EPS Q2Q%-75%
Revenue 1Y (TTM)-3.79%
Revenue growth 3Y6.8%
Revenue growth 5Y4.54%
Sales Q2Q%-10.77%
3.2 Future
- The Earnings Per Share is expected to decrease by -23.57% on average over the next years. This is quite bad
- Based on estimates for the next years, AAT will show a decrease in Revenue. The Revenue will decrease by -0.45% on average per year.
EPS Next Y-56.41%
EPS Next 2Y-30.07%
EPS Next 3Y-23.57%
EPS Next 5YN/A
Revenue Next Year-4.22%
Revenue Next 2Y0.16%
Revenue Next 3Y-0.45%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 64.68 indicates a quite expensive valuation of AAT.
- AAT's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, AAT is valued quite expensively.
- AAT is valuated quite expensively with a Price/Forward Earnings ratio of 38.98.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AAT indicates a somewhat cheap valuation: AAT is cheaper than 67.20% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of AAT to the average of the S&P500 Index (24.30), we can say AAT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.68 | ||
| Fwd PE | 38.98 |
4.2 Price Multiples
- 78.40% of the companies in the same industry are more expensive than AAT, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, AAT is valued a bit cheaper than the industry average as 70.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.48 | ||
| EV/EBITDA | 11.38 |
4.3 Compensation for Growth
- AAT's earnings are expected to decrease with -23.57% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)32.17
EPS Next 2Y-30.07%
EPS Next 3Y-23.57%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.28%, AAT is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 6.59, AAT pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.86, AAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.28% |
5.2 History
- The dividend of AAT has a limited annual growth rate of 2.45%.
- AAT has been paying a dividend for at least 10 years, so it has a reliable track record.
- AAT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.45%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- AAT pays out 170.43% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of AAT has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP170.43%
EPS Next 2Y-30.07%
EPS Next 3Y-23.57%
18.11
-0.18 (-0.98%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)02-04 2026-02-04/amc
Inst Owners95.67%
Inst Owner Change-0.01%
Ins Owners1.97%
Ins Owner Change18.09%
Market Cap1.11B
Revenue(TTM)439.58M
Net Income(TTM)61.48M
Analysts48
Price Target19.38 (7.01%)
Short Float %2.44%
Short Ratio3.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.28% |
Yearly Dividend1.69
Dividend Growth(5Y)2.45%
DP170.43%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.94%
Min EPS beat(2)-22.99%
Max EPS beat(2)-10.89%
EPS beat(4)1
Avg EPS beat(4)-27.6%
Min EPS beat(4)-188.67%
Max EPS beat(4)112.16%
EPS beat(8)4
Avg EPS beat(8)-5.79%
EPS beat(12)7
Avg EPS beat(12)8.29%
EPS beat(16)10
Avg EPS beat(16)10.8%
Revenue beat(2)0
Avg Revenue beat(2)-0.84%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)-0.82%
Revenue beat(4)1
Avg Revenue beat(4)-1.87%
Min Revenue beat(4)-6.2%
Max Revenue beat(4)0.39%
Revenue beat(8)4
Avg Revenue beat(8)0.57%
Revenue beat(12)7
Avg Revenue beat(12)1.04%
Revenue beat(16)11
Avg Revenue beat(16)2.14%
PT rev (1m)-7.32%
PT rev (3m)-7.32%
EPS NQ rev (1m)-20%
EPS NQ rev (3m)-20%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.38%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.68 | ||
| Fwd PE | 38.98 | ||
| P/S | 2.52 | ||
| P/FCF | 43.48 | ||
| P/OCF | 6.62 | ||
| P/B | 0.95 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 11.38 |
EPS(TTM)0.28
EY1.55%
EPS(NY)0.46
Fwd EY2.57%
FCF(TTM)0.42
FCFY2.3%
OCF(TTM)2.73
OCFY15.1%
SpS7.19
BVpS19.12
TBVpS18.91
PEG (NY)N/A
PEG (5Y)32.17
Graham Number10.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 5.26% | ||
| ROCE | 3.81% | ||
| ROIC | 3.01% | ||
| ROICexc | 3.16% | ||
| ROICexgc | 3.23% | ||
| OM | 24.63% | ||
| PM (TTM) | 13.99% | ||
| GM | 61.6% | ||
| FCFM | 5.79% |
ROA(3y)1.63%
ROA(5y)1.36%
ROE(3y)4.2%
ROE(5y)3.41%
ROIC(3y)3.22%
ROIC(5y)2.99%
ROICexc(3y)3.44%
ROICexc(5y)3.17%
ROICexgc(3y)3.52%
ROICexgc(5y)3.25%
ROCE(3y)4.08%
ROCE(5y)3.79%
ROICexgc growth 3Y9.09%
ROICexgc growth 5Y1.31%
ROICexc growth 3Y9.26%
ROICexc growth 5Y1.53%
OM growth 3Y2.01%
OM growth 5Y-1.87%
PM growth 3Y17.96%
PM growth 5Y-0.09%
GM growth 3Y-1.09%
GM growth 5Y-0.21%
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 66.24 | ||
| Debt/EBITDA | 7.2 | ||
| Cap/Depr | 112.48% | ||
| Cap/Sales | 32.24% | ||
| Interest Coverage | 1.3 | ||
| Cash Conversion | 71.36% | ||
| Profit Quality | 41.43% | ||
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z | 0.52 |
F-Score6
WACC5.9%
ROIC/WACC0.51
Cap/Depr(3y)84.76%
Cap/Depr(5y)115.74%
Cap/Sales(3y)23.91%
Cap/Sales(5y)34.48%
Profit Quality(3y)165.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.13%
EPS 3Y31.27%
EPS 5Y2.01%
EPS Q2Q%-75%
EPS Next Y-56.41%
EPS Next 2Y-30.07%
EPS Next 3Y-23.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.79%
Revenue growth 3Y6.8%
Revenue growth 5Y4.54%
Sales Q2Q%-10.77%
Revenue Next Year-4.22%
Revenue Next 2Y0.16%
Revenue Next 3Y-0.45%
Revenue Next 5YN/A
EBIT growth 1Y-15.76%
EBIT growth 3Y8.95%
EBIT growth 5Y2.59%
EBIT Next Year62.95%
EBIT Next 3Y18.93%
EBIT Next 5YN/A
FCF growth 1Y-74.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-11.12%
OCF growth 3Y7.16%
OCF growth 5Y6.13%
AMERICAN ASSETS TRUST INC / AAT FAQ
What is the fundamental rating for AAT stock?
ChartMill assigns a fundamental rating of 3 / 10 to AAT.
What is the valuation status of AMERICAN ASSETS TRUST INC (AAT) stock?
ChartMill assigns a valuation rating of 2 / 10 to AMERICAN ASSETS TRUST INC (AAT). This can be considered as Overvalued.
What is the profitability of AAT stock?
AMERICAN ASSETS TRUST INC (AAT) has a profitability rating of 5 / 10.
Can you provide the financial health for AAT stock?
The financial health rating of AMERICAN ASSETS TRUST INC (AAT) is 3 / 10.
What is the expected EPS growth for AMERICAN ASSETS TRUST INC (AAT) stock?
The Earnings per Share (EPS) of AMERICAN ASSETS TRUST INC (AAT) is expected to decline by -56.41% in the next year.