American Assets Trust Inc (AAT) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
American Assets Trust Inc (AAT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company mainly invests in, operates, and develops retail, office, residential, and mixed-use properties in California, Oregon, and Hawaii. American Assets Trust Inc has a market cap of $1.54 billion; its shares were traded at around $32.53 with a P/E ratio of 52.48 and P/S ratio of 6.72. The dividend yield of American Assets Trust Inc stocks is 3.24%. American Assets Trust Inc had annual average EBITDA growth of 3.30% over the past five years.
Warning! GuruFocus has detected 3 Warning Signs with AAT. Click here to check it out.
The intrinsic value of AAT
For the last quarter American Assets Trust Inc reported a revenue of $81.7 million, compared with the revenue of $76.56 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $315.0 million, an increase of 6.7% from last year. For the last five years American Assets Trust Inc had an average revenue growth rate of 5.7% a year.
The reported diluted earnings per share was 62 cents for the year, a decline of 13.9% from the previous year. Over the last five years American Assets Trust Inc had an EPS growth rate of 1.7% a year. The American Assets Trust Inc had a decent operating margin of 29.73%, compared with the operating margin of 33.19% a year before. The 10-year historical median operating margin of American Assets Trust Inc is 33.19%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, American Assets Trust Inc has the cash and cash equivalents of $82.6 million, compared with $44.8 million in the previous year. The long term debt was $1.3 billion, compared with $1 billion in the previous year. The interest coverage to the debt is 1.7, which is not a favorable level. American Assets Trust Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $32.53, American Assets Trust Inc is traded at 14.6% discount to its historical median P/S valuation band of $38.11. The P/S ratio of the stock is 6.72, while the historical median P/S ratio is 7.86. The stock lost 22.86% during the past 12 months.
For the complete 20-year historical financial data of AAT, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Signs with AAT. Click here to check it out.
The intrinsic value of AAT
