Stock AnalizAmerican Assets Trust, Inc. AAT
Real Estate Investment Trusts · IPO 2011 · data as of November 13, 2026
American Assets Trust, Inc. (AAT) is a real estate company listed in the US with a market value of about $1.7B. In the twelve months to September 30, 2026 it had revenue of $444M and net income of $21M, a net margin of 4.8%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is financial health (4/5); the weakest is value (1/5).
Key numbers: a P/E of 62.0, a price to free cash flow of 22.4, 5-year revenue growth of 5% a year, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 45% above the current price.
Score: 2.4 / 5
Checks passed
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $444M | $436M | $458M | $441M | $423M | $376M | $345M | $367M | $331M | $315M | $295M |
| Net income | $21M | $56M | $57M | $50M | $44M | $28M | $28M | $46M | $20M | $29M | $33M |
| Free cash flow | $75M | $95M | $137M | $106M | $65M | $64M | $63M | $65M | $82M | $98M | $61M |
| EPS (diluted) | $0.28 | $0.92 | $0.94 | $0.84 | $0.72 | $0.47 | $0.46 | $0.84 | $0.42 | $0.62 | $0.72 |
| Net margin | 4.8% | 12.8% | 12.4% | 11.4% | 10.3% | 7.5% | 8.0% | 12.5% | 5.9% | 9.2% | 11.0% |
| ROIC | — | 4.0% | 3.2% | 3.3% | 3.2% | 2.7% | 2.7% | 3.4% | 3.1% | 3.4% | 4.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 2 analysts is $23.50, 8% above the current price; targets range from $23.00 to $24.00; the consensus rating is “none”; expected EPS is $0.35 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is American Assets Trust’s P/E ratio?
About 62.0, based on the last twelve months of diluted earnings per share (forward P/E about 61.1).
Is American Assets Trust stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 45% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does American Assets Trust pay a dividend?
Yes. The dividend yield is about 6.33%, and it has paid dividends for 10 years in our data.
Is American Assets Trust a good stock to buy?
We do not give buy or sell advice. American Assets Trust scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.