American Assets Trust, Inc. (AAT) vs CTO Realty Growth, Inc. (CTO)

American Assets Trust, Inc. and CTO Realty Growth, Inc. are both Reit Diversified companies. American Assets Trust, Inc. is the larger, with a market value of $1.3B against $781.4M — 1.7× the size. CTO Realty Growth, Inc. trades at the lower P/E: 16.9× against 56.1×. CTO Realty Growth, Inc. grew revenue faster over the last twelve months: 15.9% against 1.11%. CTO Realty Growth, Inc. has the higher net margin (21.7% vs 4.77%) and the higher return on invested capital (2.90% vs 2.47%). Both pay a dividend; CTO Realty Growth, Inc. yields more (7.55% vs 6.29%). Across the 22 metrics below, CTO Realty Growth, Inc. leads on 16 and American Assets Trust, Inc. on 6.

Valuation

Metric AAT CTO Reit Diversified median
P/E 56.13 16.88 22.49
P/S 2.95 4.44 2.94
P/B 1.26 1.11 0.94
Price to free cash flow 17.46 n/m 8.81
EV/EBITDA 12.28 11.41 12.28
EV/Sales 6.58 8.53 6.39
Earnings yield 1.78% 5.93% 1.18%
Free cash flow yield 5.73% (9.78%) 2.24%

Profitability

Metric AAT CTO Reit Diversified median
Gross margin 70.76% 75.06% 74.61%
Operating margin 23.58% 37.54% 31.87%
Net margin 4.77% 21.71% 0.20%
Free cash flow margin 16.91% (38.39%) 4.96%
Return on equity 1.97% 5.97% 1.07%
Return on assets 0.73% 2.72% 0.04%
Return on invested capital 2.47% 2.90% 2.71%

Growth

Metric AAT CTO Reit Diversified median
Revenue growth (TTM) 1.11% 15.86% 3.37%
EPS growth (last fiscal year) (2.13%) 122.86% (13.25%)
Revenue growth, 5-year CAGR 4.83% 21.54% 4.83%
Net income growth, 5-year CAGR 15.01% (49.49%) 0.00%

Health

Metric AAT CTO Reit Diversified median
Debt to equity 1.64 1.05 1.03
Current ratio 2.56 6.06 1.25
Net debt to EBITDA 5.68 6.10 5.88

Dividend

Metric AAT CTO Reit Diversified median
Dividend yield 6.29% 7.55% 6.60%
Payout ratio 3.88 1.27 1.59

Size

Metric AAT CTO Reit Diversified median
Market cap 1.33b 781.40m 777.86m

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