WallStSmart

American Assets Trust Inc (AAT)vsOne Liberty Properties Inc (OLP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Assets Trust Inc generates 334% more annual revenue ($433.83M vs $100.02M). OLP leads profitability with a 27.6% profit margin vs 4.2%. OLP trades at a lower P/E of 19.2x. OLP earns a higher WallStSmart Score of 62/100 (C+).

AAT

Hold

41

out of 100

Grade: D

Growth: 3.3Profit: 5.0Value: 4.7Quality: 4.5
Piotroski: 4/9Altman Z: 0.56

OLP

Buy

62

out of 100

Grade: C+

Growth: 6.7Profit: 7.5Value: 7.0Quality: 3.0
Piotroski: 1/9Altman Z: 0.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AATUndervalued (+50.9%)

Margin of Safety

+50.9%

Fair Value

$37.66

Current Price

$23.66

$14.00 discount

UndervaluedFair: $37.66Overvalued
OLPUndervalued (+30.4%)

Margin of Safety

+30.4%

Fair Value

$32.42

Current Price

$23.19

$9.23 discount

UndervaluedFair: $32.42Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AAT2 strengths · Avg: 9.0/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
23.6%8/10

Strong operational efficiency at 23.6%

OLP4 strengths · Avg: 9.3/10
Operating MarginProfitability
35.6%10/10

Strong operational efficiency at 35.6%

EPS GrowthGrowth
55.6%10/10

Earnings expanding 55.6% YoY

Profit MarginProfitability
27.6%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Areas to Watch

AAT4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
1.8%4/10

1.8% revenue growth

Market CapQuality
$1.82B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
2.0%3/10

ROE of 2.0% — below average capital efficiency

Profit MarginProfitability
4.2%3/10

4.2% margin — thin

OLP4 concerns · Avg: 2.8/10
Market CapQuality
$524.76M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.943/10

Elevated debt levels

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.542/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AAT

The strongest argument for AAT centers on Price/Book, Operating Margin.

Bull Case : OLP

The strongest argument for OLP centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 27.6% and operating margin at 35.6%. Revenue growth of 11.4% demonstrates continued momentum.

Bear Case : AAT

The primary concerns for AAT are Revenue Growth, Market Cap, Return on Equity. A P/E of 78.1x leaves little room for execution misses. Debt-to-equity of 1.50 is elevated, increasing financial risk.

Bear Case : OLP

The primary concerns for OLP are Market Cap, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.94 is elevated, increasing financial risk.

Key Dynamics to Monitor

AAT profiles as a value stock while OLP is a mature play — different risk/reward profiles.

AAT carries more volatility with a beta of 0.97 — expect wider price swings.

OLP is growing revenue faster at 11.4% — sustainability is the question.

AAT generates stronger free cash flow (18M), providing more financial flexibility.

Bottom Line

OLP scores higher overall (62/100 vs 41/100), backed by strong 27.6% margins and 11.4% revenue growth. AAT offers better value entry with a 50.9% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

American Assets Trust Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

American Assets Trust, Inc. is a self-managed, vertically integrated, full-service real estate investment trust, or REIT, based in San Diego, California.

One Liberty Properties Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

One Liberty is a self-managed and self-managed real estate investment trust incorporated in Maryland in 1982.

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