Pricing Log in Create free account

American Assets Trust, Inc. (AAT) vs Safehold Inc. (SAFE)

American Assets Trust, Inc. and Safehold Inc. are both Reit Diversified companies. American Assets Trust, Inc. is the larger, with a market value of $1.3B against $741.2M — 1.8× the size. Safehold Inc. trades at the lower P/E: 6.4× against 55.9×. Safehold Inc. grew revenue faster over the last twelve months: 16.5% against 1.11%. Safehold Inc. has the higher net margin (26.2% vs 4.77%) and the higher return on invested capital (5.50% vs 2.47%). Both pay a dividend; Safehold Inc. yields more (6.69% vs 6.32%). Across the 23 metrics below, Safehold Inc. leads on 19 and American Assets Trust, Inc. on 4.

Valuation

Metric AAT SAFE Reit Diversified median
P/E 55.92 6.41 22.40
P/S 2.94 1.70 2.91
P/B 1.26 0.28 0.93
Price to free cash flow 17.40 15.50 10.08
EV/EBITDA 12.26 5.19 12.29
EV/Sales 6.56 4.02 6.76
Earnings yield 1.79% 15.60% 1.18%
Free cash flow yield 5.75% 6.45% 6.10%

Profitability

Metric AAT SAFE Reit Diversified median
Gross margin 70.76% 89.81% 74.86%
Operating margin 23.58% 73.28% 31.39%
Net margin 4.77% 26.17% 1.95%
Free cash flow margin 16.91% 10.95% 12.30%
Return on equity 1.97% 4.56% 2.79%
Return on assets 0.73% 1.56% 0.28%
Return on invested capital 2.47% 5.50% 2.88%

Growth

Metric AAT SAFE Reit Diversified median
Revenue growth (TTM) 1.11% 16.47% 6.30%
EPS growth (last fiscal year) (2.13%) 7.43% (13.25%)
Revenue growth, 5-year CAGR 4.83% 3.53% 4.83%
Net income growth, 5-year CAGR 15.01% 0.00% 0.00%

Health

Metric AAT SAFE Reit Diversified median
Debt to equity 1.64 1.81 1.09
Current ratio 2.56 33.44 1.25
Net debt to EBITDA 5.68 3.00 5.88

Dividend

Metric AAT SAFE Reit Diversified median
Dividend yield 6.32% 6.69% 6.66%
Payout ratio 3.88 0.43 1.58

Size

Metric AAT SAFE Reit Diversified median
Market cap 1.32b 741.16m 767.09m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack