American Assets Trust Stock Net Income
| AAT Stock | USD 20.56 0.10 0.49% |
American Assets Trust fundamentals help investors to digest information that contributes to American Assets' financial success or failures. It also enables traders to predict the movement of American Stock. The fundamental analysis module provides a way to measure American Assets' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to American Assets stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 64.7 M | 67.9 M | |
| Net Income Applicable To Common Shares | 50 M | 27.6 M | |
| Net Income From Continuing Ops | 63.6 M | 54.7 M | |
| Net Income Per Share | 0.84 | 0.48 | |
| Net Income Per E B T | 0.77 | 0.78 |
American | Net Income |
American Assets Trust Company Net Income Analysis
American Assets' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current American Assets Net Income | 64.69 M |
Most of American Assets' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, American Assets Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
American Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for American Assets is extremely important. It helps to project a fair market value of American Stock properly, considering its historical fundamentals such as Net Income. Since American Assets' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of American Assets' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of American Assets' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
American Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, American Assets Trust reported net income of 64.69 M. This is 74.03% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The net income for all United States stocks is 88.67% higher than that of the company.
American Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Assets' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of American Assets could also be used in its relative valuation, which is a method of valuing American Assets by comparing valuation metrics of similar companies.American Assets is currently under evaluation in net income category among related companies.
American Assets Current Valuation Drivers
We derive many important indicators used in calculating different scores of American Assets from analyzing American Assets' financial statements. These drivers represent accounts that assess American Assets' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of American Assets' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.5B | 1.7B | 2.3B | 1.4B | 1.2B | 1.4B | |
| Enterprise Value | 3.7B | 3.0B | 3.8B | 3.0B | 2.7B | 2.3B |
American Assets Institutional Holders
Institutional Holdings refers to the ownership stake in American Assets that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of American Assets' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing American Assets' value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 1.2 M | Northern Trust Corp | 2023-12-31 | 763.6 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 741.5 K | Ameriprise Financial Inc | 2023-12-31 | 669.8 K | Balyasny Asset Management Llc | 2023-12-31 | 623.3 K | Kennedy Capital Management Inc | 2023-12-31 | 603.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 593.9 K | Amvescap Plc. | 2023-12-31 | 572.1 K | Man Group Plc | 2023-12-31 | 541.7 K | Blackrock Inc | 2023-12-31 | 11.8 M | American Assets Inc | 2023-12-31 | 7.4 M |
American Fundamentals
| Return On Equity | 0.0553 | ||||
| Return On Asset | 0.0255 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 2.83 B | ||||
| Shares Outstanding | 60.89 M | ||||
| Shares Owned By Insiders | 1.47 % | ||||
| Shares Owned By Institutions | 98.90 % | ||||
| Number Of Shares Shorted | 860.77 K | ||||
| Price To Earning | 100.93 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 3.67 X | ||||
| Revenue | 441.16 M | ||||
| Gross Profit | 272.59 M | ||||
| EBITDA | 249.94 M | ||||
| Net Income | 64.69 M | ||||
| Cash And Equivalents | 49.57 M | ||||
| Cash Per Share | 1.05 X | ||||
| Total Debt | 1.71 B | ||||
| Debt To Equity | 1.38 % | ||||
| Current Ratio | 2.22 X | ||||
| Book Value Per Share | 19.67 X | ||||
| Cash Flow From Operations | 188.75 M | ||||
| Short Ratio | 2.66 X | ||||
| Earnings Per Share | 0.84 X | ||||
| Price To Earnings To Growth | 21.85 X | ||||
| Target Price | 22.33 | ||||
| Number Of Employees | 228 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 1.58 B | ||||
| Total Asset | 2.98 B | ||||
| Retained Earnings | (280.24 M) | ||||
| Working Capital | 92.06 M | ||||
| Current Asset | 97.49 M | ||||
| Current Liabilities | 37.78 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 3.15 % | ||||
| Net Asset | 2.98 B | ||||
| Last Dividend Paid | 1.32 |
About American Assets Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American Assets Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Assets using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Assets Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with American Assets
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Assets position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Assets will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.77 | UE | Urban Edge Properties Financial Report 14th of May 2024 | PairCorr |
| 0.77 | BFS | Saul Centers | PairCorr |
Moving against American Stock
| 0.41 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to American Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Assets when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Assets - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Assets Trust to buy it.
The correlation of American Assets is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Assets Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Assets can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out American Assets Piotroski F Score and American Assets Altman Z Score analysis. Note that the American Assets Trust information on this page should be used as a complementary analysis to other American Assets' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for American Stock analysis
When running American Assets' price analysis, check to measure American Assets' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Assets is operating at the current time. Most of American Assets' value examination focuses on studying past and present price action to predict the probability of American Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Assets' price. Additionally, you may evaluate how the addition of American Assets to your portfolios can decrease your overall portfolio volatility.
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Is American Assets' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Assets. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Assets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.086 | Dividend Share 1.32 | Earnings Share 0.84 | Revenue Per Share 7.26 | Quarterly Revenue Growth 0.061 |
The market value of American Assets Trust is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Assets' value that differs from its market value or its book value, called intrinsic value, which is American Assets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Assets' market value can be influenced by many factors that don't directly affect American Assets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Assets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.