AMERICAN ASSETS TRUST INC (AAT) Stock Fundamental Analysis
NYSE:AAT • US0240131047
18.75 USD
+0.19 (+1.02%)
Last: Feb 17, 2026, 02:47 PM
Overall AAT gets a fundamental rating of 4 out of 10. We evaluated AAT against 123 industry peers in the Diversified REITs industry. Both the profitability and the financial health of AAT get a neutral evaluation. Nothing too spectacular is happening here. AAT is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year AAT was profitable.
- AAT had a positive operating cash flow in the past year.
- Each year in the past 5 years AAT has been profitable.
- Of the past 5 years AAT 4 years had a positive operating cash flow.
1.2 Ratios
- AAT's Return On Assets of 2.09% is fine compared to the rest of the industry. AAT outperforms 64.23% of its industry peers.
- AAT has a better Return On Equity (5.26%) than 65.85% of its industry peers.
- AAT has a Return On Invested Capital (3.01%) which is in line with its industry peers.
- AAT had an Average Return On Invested Capital over the past 3 years of 3.12%. This is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 5.26% | ||
| ROIC | 3.01% |
ROA(3y)1.78%
ROA(5y)1.54%
ROE(3y)4.62%
ROE(5y)3.95%
ROIC(3y)3.12%
ROIC(5y)3.04%
1.3 Margins
- Looking at the Profit Margin, with a value of 13.99%, AAT is in the better half of the industry, outperforming 62.60% of the companies in the same industry.
- AAT's Profit Margin has improved in the last couple of years.
- With a Operating Margin value of 24.63%, AAT perfoms like the industry average, outperforming 54.47% of the companies in the same industry.
- AAT's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 61.60%, AAT is doing worse than 64.23% of the companies in the same industry.
- AAT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.63% | ||
| PM (TTM) | 13.99% | ||
| GM | 61.6% |
OM growth 3Y-5.02%
OM growth 5Y-1.98%
PM growth 3Y7.42%
PM growth 5Y9.68%
GM growth 3Y-1.49%
GM growth 5Y-1.18%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AAT is destroying value.
- AAT has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, AAT has more shares outstanding
- The debt/assets ratio for AAT has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.53, we must say that AAT is in the distress zone and has some risk of bankruptcy.
- AAT has a Altman-Z score (0.53) 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 67.48% 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.
- AAT has a Debt to Equity ratio (1.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 66.24 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.52
WACC5.75%
2.3 Liquidity
- A Current Ratio of 1.61 indicates that AAT should not have too much problems paying its short term obligations.
- AAT's Current ratio of 1.61 is fine compared to the rest of the industry. AAT outperforms 78.05% of its industry peers.
- A Quick Ratio of 1.61 indicates that AAT should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.61, AAT is doing good in the industry, outperforming 78.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
- The earnings per share for AAT have decreased strongly by -81.05% in the last year.
- Measured over the past years, AAT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -17.11% on average per year.
- Looking at the last year, AAT shows a decrease in Revenue. The Revenue has decreased by -4.73% in the last year.
- The Revenue has been growing slightly by 4.83% on average over the past years.
EPS 1Y (TTM)-81.05%
EPS 3Y-37.29%
EPS 5Y-17.11%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)-4.73%
Revenue growth 3Y1.06%
Revenue growth 5Y4.83%
Sales Q2Q%-2.97%
3.2 Future
- Based on estimates for the next years, AAT will show a very strong growth in Earnings Per Share. The EPS will grow by 51.68% on average per year.
- Based on estimates for the next years, AAT will show a small growth in Revenue. The Revenue will grow by 1.49% on average per year.
EPS Next Y141.28%
EPS Next 2Y51.68%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.74%
Revenue Next 2Y1.49%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- The Price/Earnings ratio is 104.17, which means the current valuation is very expensive for AAT.
- AAT's Price/Earnings ratio is in line with the industry average.
- AAT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.19.
- AAT is valuated quite expensively with a Price/Forward Earnings ratio of 43.17.
- AAT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AAT is cheaper than 65.85% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of AAT to the average of the S&P500 Index (28.06), we can say AAT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 104.17 | ||
| Fwd PE | 43.17 |
4.2 Price Multiples
- AAT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AAT is cheaper than 78.05% of the companies in the same industry.
- 70.73% of the companies in the same industry are more expensive than AAT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.2 | ||
| EV/EBITDA | 11.47 |
4.3 Compensation for Growth
- AAT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as AAT's earnings are expected to grow with 51.68% in the coming years.
PEG (NY)0.74
PEG (5Y)N/A
EPS Next 2Y51.68%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- AAT has a Yearly Dividend Yield of 7.45%, which is a nice return.
- AAT's Dividend Yield is a higher than the industry average which is at 6.84.
- AAT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.45% |
5.2 History
- The dividend of AAT has a limited annual growth rate of 2.45%.
- AAT has paid a dividend for at least 10 years, which is 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
- 170.43% of the earnings are spent on dividend by AAT. This is not a sustainable payout ratio.
- The dividend of AAT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP170.43%
EPS Next 2Y51.68%
EPS Next 3YN/A
NYSE:AAT (2/17/2026, 2:47:53 PM)
18.75
+0.19 (+1.02%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)04-27 2026-04-27
Inst Owners95.67%
Inst Owner Change-0.62%
Ins Owners1.97%
Ins Owner Change18.09%
Market Cap1.15B
Revenue(TTM)436.20M
Net Income(TTM)61.48M
Analysts46
Price Target18.36 (-2.08%)
Short Float %2.22%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.45% |
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)-12.2%
PT rev (3m)-12.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20%
EPS NY rev (1m)-6.52%
EPS NY rev (3m)-6.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 104.17 | ||
| Fwd PE | 43.17 | ||
| P/S | 2.62 | ||
| P/FCF | 45.2 | ||
| P/OCF | 6.88 | ||
| P/B | 0.98 | ||
| P/tB | 1 | ||
| EV/EBITDA | 11.47 |
EPS(TTM)0.18
EY0.96%
EPS(NY)0.43
Fwd EY2.32%
FCF(TTM)0.41
FCFY2.21%
OCF(TTM)2.72
OCFY14.52%
SpS7.16
BVpS19.04
TBVpS18.84
PEG (NY)0.74
PEG (5Y)N/A
Graham Number8.78
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)1.78%
ROA(5y)1.54%
ROE(3y)4.62%
ROE(5y)3.95%
ROIC(3y)3.12%
ROIC(5y)3.04%
ROICexc(3y)3.36%
ROICexc(5y)3.22%
ROICexgc(3y)3.45%
ROICexgc(5y)3.31%
ROCE(3y)3.95%
ROCE(5y)3.85%
ROICexgc growth 3Y-2.43%
ROICexgc growth 5Y1.84%
ROICexc growth 3Y-2.53%
ROICexc growth 5Y1.77%
OM growth 3Y-5.02%
OM growth 5Y-1.98%
PM growth 3Y7.42%
PM growth 5Y9.68%
GM growth 3Y-1.49%
GM growth 5Y-1.18%
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 | 0.53 |
F-Score6
WACC5.75%
ROIC/WACC0.52
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-81.05%
EPS 3Y-37.29%
EPS 5Y-17.11%
EPS Q2Q%-66.67%
EPS Next Y141.28%
EPS Next 2Y51.68%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.73%
Revenue growth 3Y1.06%
Revenue growth 5Y4.83%
Sales Q2Q%-2.97%
Revenue Next Year4.74%
Revenue Next 2Y1.49%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-15.76%
EBIT growth 3Y-4.01%
EBIT growth 5Y2.75%
EBIT Next Year118.73%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-81.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-18.57%
OCF growth 3YN/A
OCF growth 5YN/A
AMERICAN ASSETS TRUST INC / AAT FAQ
What is the fundamental rating for AAT stock?
ChartMill assigns a fundamental rating of 4 / 10 to AAT.
What is the valuation status of AMERICAN ASSETS TRUST INC (AAT) stock?
ChartMill assigns a valuation rating of 4 / 10 to AMERICAN ASSETS TRUST INC (AAT). This can be considered as Fairly Valued.
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 4 / 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 grow by 141.28% in the next year.