AMERICAN ASSETS TRUST INC (AAT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AAT - US0240131047 - REIT
18.06 USD
+0.08 (+0.44%)
18.06 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to AAT. 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
- In the past year AAT was profitable.
- In the past year AAT had a positive cash flow from operations.
- In the past 5 years AAT has always been profitable.
- In the past 5 years AAT always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 2.09%, AAT is doing good in the industry, outperforming 64.80% of the companies in the same industry.
- AAT has a better Return On Equity (5.26%) than 65.60% of its industry peers.
- AAT has a Return On Invested Capital (3.01%) which is comparable to the rest of the 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
- Looking at the Profit Margin, with a value of 13.99%, AAT is in the better half of 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.
- Looking at the Operating Margin, with a value of 24.63%, AAT is in line with its industry, outperforming 54.40% of the companies in the same industry.
- AAT's Operating Margin has declined in the last couple of years.
- The Gross Margin of AAT (61.60%) is worse than 64.80% of its industry peers.
- 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.
- The number of shares outstanding for AAT has been increased compared to 1 year ago.
- AAT has more shares outstanding than it did 5 years ago.
- AAT has a worse debt/assets ratio than last year.
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 of 0.52. This is comparable to the rest of the industry: AAT outperforms 50.40% of 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.
- With a decent Debt to FCF ratio value of 66.24, AAT is doing good in the industry, outperforming 68.00% of the companies in the same industry.
- AAT has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external 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
WACC5.89%
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 76.00% of its industry peers.
- AAT has a Quick Ratio of 1.61. This is a normal value and indicates that AAT is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.61, AAT is in the better half of the industry, outperforming 76.80% of the companies in the same industry.
| 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%.
- AAT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.01% yearly.
- The Revenue has decreased by -3.79% in the past year.
- AAT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.54% yearly.
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
- AAT is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.57% yearly.
- AAT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.45% yearly.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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
- AAT is valuated quite expensively with a Price/Earnings ratio of 64.50.
- The rest of the industry has a similar Price/Earnings ratio as AAT.
- The average S&P500 Price/Earnings ratio is at 26.94. AAT is valued rather expensively when compared to this.
- With a Price/Forward Earnings ratio of 38.87, AAT can be considered very expensive at the moment.
- AAT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AAT is cheaper than 67.20% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of AAT to the average of the S&P500 Index (23.94), we can say AAT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.5 | ||
| Fwd PE | 38.87 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AAT is valued a bit cheaper than 79.20% of the companies in the same industry.
- 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 | 43.36 | ||
| EV/EBITDA | 11.3 |
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)32.08
EPS Next 2Y-30.07%
EPS Next 3Y-23.57%
5. Dividend
5.1 Amount
- AAT has a Yearly Dividend Yield of 7.28%, which is a nice return.
- 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 1.83, 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.
- AAT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP170.43%
EPS Next 2Y-30.07%
EPS Next 3Y-23.57%
18.06
+0.08 (+0.44%)
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 Cap1.10B
Revenue(TTM)439.58M
Net Income(TTM)61.48M
Analysts48
Price Target19.38 (7.31%)
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 | 64.5 | ||
| Fwd PE | 38.87 | ||
| P/S | 2.51 | ||
| P/FCF | 43.36 | ||
| P/OCF | 6.61 | ||
| P/B | 0.94 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 11.3 |
EPS(TTM)0.28
EY1.55%
EPS(NY)0.46
Fwd EY2.57%
FCF(TTM)0.42
FCFY2.31%
OCF(TTM)2.73
OCFY15.14%
SpS7.19
BVpS19.12
TBVpS18.91
PEG (NY)N/A
PEG (5Y)32.08
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
WACC5.89%
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.