US · AAT
American Assets Trust, Inc.
- Sector
- Real Estate · REIT - Diversified
- Headquarters
- San Diego, CA 92121
- Website
- americanassetstrust.com
Price · as of 2025-12-31
$20.78
Market cap 1.2B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $45.82 | +120.5% |
| Intrinsic Value(DCF) | $8.81 | -57.6% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $4.17 | -79.93% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $13.22 | $61.87 | $0.90 | $0.00 | $5.41 |
| 2012 | $19.80 | $27.01 | $3.14 | $4.38 | $26.38 |
| 2013 | $21.08 | $24.93 | $3.18 | $0.48 | $9.24 |
| 2014 | $27.60 | $28.03 | $4.75 | $1.82 | $7.44 |
| 2015 | $25.81 | $29.65 | $2.31 | $9.73 | $16.83 |
| 2016 | $28.47 | $29.97 | $2.01 | $1.69 | $14.93 |
| 2017 | $22.81 | $26.02 | $4.35 | $0.46 | $12.57 |
| 2018 | $33.09 | $25.99 | $3.57 | $3.54 | $7.48 |
| 2019 | $30.91 | $51.40 | $5.67 | $7.50 | $20.53 |
| 2020 | $27.44 | $45.40 | $3.60 | $5.04 | $1.42 |
| 2021 | $29.02 | $51.39 | $1.99 | $1.47 | $10.21 |
| 2022 | $16.46 | $51.35 | $0.39 | $5.62 | $18.60 |
| 2023 | $18.59 | $48.29 | $0.00 | $5.29 | $13.27 |
| 2024 | $19.96 | $46.71 | $3.69 | $0.00 | $14.20 |
| 2025 | $19.66 | $45.82 | $0.91 | $0.00 | $4.17 |
AI valuation
Our deep-learning model estimates American Assets Trust, Inc.'s (AAT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $45.82
- Current price
- $20.78
- AI upside
- +120.5%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$8.81
-57.6% upside
Graham-Dodd
—
— upside
Graham Formula
$4.17
-79.93% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| AAT | American Assets Trust, In… | $20.78 | 1.2B | +121% | -58% | — | -80% | 16.68 | 1.03 | 2.73 | 9.97 | — | 1.05 | 61.12% | 33.45% | 16.36% | 6.13% | 5.24% | 2.30% | 1.48 | 1.87 | 2.04 | 2.04 | 5.68 | -213.00% | -473.00% | -3071.00% | 7.97% | 1.54 | 3.44% | 8.84% | 147.50% | 11.43% | 18.96 | 29.17 | 6.34 | 0.59 |
| ALEX | Alexander & Baldwin, Inc. | $20.79 | 1.51B | +13% | -53% | -79% | -16% | 20.47 | 1.24 | 5.24 | 13.34 | 19.99 | 1.29 | 45.49% | 33.71% | 25.58% | 6.03% | 5.49% | 3.65% | 0.47 | 3.13 | 0.26 | 0.26 | 3.50 | 10244.00% | 1331.00% | 3152.00% | 3.81% | 0.47 | 3.26% | 5.24% | 107.30% | 6.30% | 21.07 | 35.60 | 7.10 | 0.62 |
| ALX | Alexander's, Inc. | $234.62 | 1.2B | +37% | -59% | — | -94% | 42.87 | 11.08 | 5.68 | 17.62 | — | 11.08 | 16.06% | 30.58% | 13.24% | 19.74% | 6.99% | 2.30% | 8.64 | 1.26 | 8.33 | 6.58 | 7.09 | -3499.00% | -583.00% | 3574.00% | 6.07% | 2.00 | 7.87% | 7.64% | 327.50% | 7.64% | 31.06 | 27.57 | 9.50 | 1.49 |
| CIM | Chimera Investment Corpor… | $13.61 | 1.13B | +899% | +24% | +118% | +4,369% | 4.23 | 0.44 | 1.37 | 17.51 | 2.82 | 0.44 | 94.87% | 93.16% | 28.08% | 10.45% | 5.44% | 1.84% | 5.08 | 1.38 | 0.07 | 0.07 | 16.09 | 15000.00% | 21822.00% | -22101.00% | -22.07% | -0.04 | -1.79% | 7.63% | 32.30% | 7.63% | 18.20 | -55.93 | 16.96 | -0.34 |
| ESRT | Empire State Realty Trust… | $5.88 | 995.02M | +571% | -4% | -60% | -40% | 17.21 | 1.34 | 1.81 | 10.13 | — | 6.13 | 53.59% | 20.80% | 6.77% | 7.97% | 5.09% | 1.84% | 2.41 | 1.45 | 1.15 | 1.09 | 6.11 | -667.00% | 319.00% | 1222.00% | 18.86% | 0.34 | 8.64% | 1.98% | 34.10% | 1.98% | 21.94 | 13.35 | 4.56 | 0.60 |
| JBGS | JBG SMITH Properties | $15.21 | 896.66M | +16% | -61% | — | -94% | -7.27 | 0.87 | 2.03 | 5.51 | -27.27 | 0.90 | -14.46% | -1.29% | -27.89% | -9.38% | -0.23% | -2.96% | 0.00 | -0.04 | — | — | -0.44 | 2667.00% | -890.00% | -18265.00% | 7.25% | — | 2.73% | 4.79% | -34.80% | 300.65% | -145.36 | 12.77 | 1.88 | 0.03 |
| ORC | Orchid Island Capital, In… | $7.44 | 1.13B | +1,444% | -31% | — | +3,701% | 6.02 | 0.70 | 5.33 | 22.54 | 5.29 | 0.70 | 97.78% | 88.59% | 88.59% | 15.59% | 2.83% | 1.83% | 7.47 | 0.52 | 0.08 | 0.08 | 20.48 | 11379.00% | 22995.00% | 7980.00% | 12.58% | 0.01 | 2.14% | 18.69% | 112.50% | 18.69% | 65.88 | 86.98 | 58.36 | -0.86 |
| SAFE | Safehold Inc. | $16.14 | 1.16B | +155% | -60% | +92% | +32% | 10.14 | 0.48 | 3.02 | 16.92 | 136.49 | 0.53 | 94.33% | 79.78% | 29.69% | 4.82% | 4.47% | 1.62% | 1.87 | 1.49 | 17.86 | 17.81 | 13.43 | 743.00% | 543.00% | 2631.00% | 4.11% | 0.35 | 0.71% | 4.38% | 44.40% | 4.38% | 18.31 | 117.76 | 14.60 | 0.75 |
| XHR | Xenia Hotels & Resorts, I… | $15.28 | 1.41B | +27% | -60% | -57% | -50% | 23.27 | 1.29 | 1.36 | 9.70 | 7.12 | 1.30 | 1.47% | 9.92% | 5.85% | 5.31% | 4.25% | 2.24% | 1.27 | 1.24 | — | — | 4.55 | 32667.00% | 380.00% | 28809.00% | 6.12% | — | 3.65% | 3.69% | 85.90% | 11.89% | 25.84 | 30.76 | 2.56 | 0.79 |
About American Assets Trust, Inc.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.
- CEO
- Adam Wyll
- Employees
- 230
- Beta
- 0.98
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($8.81 ÷ $20.78) − 1 = -57.6% (DCF, example).