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American Assets TrustAAT +0.12%71 EV-to-EBIT is 29.16 as of Jul. 28, 2026, which is 17% below its 10-year median of 34.93. GuruFocus rates AAT with a GF Score™ of 71/100 and a GF Value™ of $20.63 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 658 REITs companies, American Assets Trust ranks worse than 72.64% on this metric.
American Assets Trust (NYSE:AAT) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
American Assets Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $2,654.2 Mil.
American Assets Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $103.5 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Diversified subindustry, American Assets Trust's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Assets Trust EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, American Assets Trust's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where American Assets Trust's EV-to-EBIT falls into.
American Assets Trust's current Enterprise Value is $3,017.7 Mil.
American Assets Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $103.5 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American Assets Trust (AAT) has a EV-to-EBIT of 29.16 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on American Assets Trust and its competitors. This is 17% below median its historical median of 34.93. Over the past decade, American Assets Trust's EV-to-EBIT has ranged from 16.19 to 55.82. According to the industry distribution chart, American Assets Trust ranks #478 out of 658 companies in the REITs industry, placing it in the top 72.6%.
Is American Assets Trust's EV-to-EBIT too high?
American Assets Trust's current EV-to-EBIT of 29.16 is 17% below median its 10-year median of 34.93. Over the past 10 years, this metric has ranged from a low of 16.19 to a high of 55.82. The REITs industry median EV-to-EBIT is 18.25. American Assets Trust's value of 29.16 is 59.8% above this industry median. Based on the distribution chart, American Assets Trust ranks #478 out of 658 companies in the REITs industry, which is below the industry midpoint. Overall, American Assets Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Assets Trust's EV-to-EBIT compare to SAFE and GNL?
According to the REITs industry distribution chart, American Assets Trust ranks #478 out of 658 companies for EV-to-EBIT. This places American Assets Trust in the lower half of its industry. The industry median EV-to-EBIT is 18.25. American Assets Trust's value of 29.16 is 59.8% above this benchmark. Historically, American Assets Trust's own EV-to-EBIT has ranged from 16.19 to 55.82 over the past decade. While the company's 10-year median is 34.93 vs. the industry median of 18.25, American Assets Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.25, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Assets Trust's current EV-to-EBIT of 29.16 is 59.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on American Assets Trust and its competitors. For the REITs industry, the median EV-to-EBIT is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Assets Trust's current EV-to-EBIT is 29.16, which is 17% below median its own 10-year median of 34.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Assets Trust stock overvalued right now?
Based on GuruFocus' analysis, American Assets Trust (AAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.63, compared to a current price of $24.33 — trading 17.9% above its estimated fair value. The current EV-to-EBIT is 29.16, which is 17% below median its 10-year median of 34.93 and 59.8% above the REITs industry median of 18.25. American Assets Trust's overall GF Score™ is 71/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For American Assets Trust (AAT), the current EV-to-EBIT is 29.16 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American Assets Trust (AAT) Overvalued in 2026?
Based on GuruFocus' analysis, American Assets Trust stock appears to be overvalued.
The current stock price of $24.33 is trading 17.9% above its estimated GF Value™ of $20.63.
GuruFocus considers American Assets Trust to be Modestly Overvalued.
Key valuation signals for AAT:
EV-to-EBIT: 29.16 (17% below median its 10-year median of 34.93)
GF Value™: $20.63 vs. price of $24.33 (17.9% above fair value)
Industry Position: 59.8% above the REITs median (#478 of 658)
No single metric tells the full story. See the AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are predominantly located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
71GF Score
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