COMP <GO>
AAT vs CBL // EV/EBITDA & P/E VALUATION
American Assets Trust Inc. (NYSE) VS. CBL & Associates Properties Inc. (NYSE) • 15-METRIC TALLY: AAT 3
— CBL 4
■ METRIC PARITY
LAST: $22.32 (+3.19%) • MKT CAP: $1.37B
valuation
8.5x
LAST: $50.76 (+2.28%) • MKT CAP: $1.57B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AAT VS. CBL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AAT | CBL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.30% | 36.30% | -25.00 | CBL | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 8.5x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 12.19% | 15.90% | -3.71 | CBL | /fcf-yield <GO> |
| Operating Margin | 75.00% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 68.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | -7.20% | -12.50% | +5.30 | AAT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 7.68% | 4.91% | +2.77 | AAT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 3/9 | 5/9 | -2.00 | CBL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 54.6 | 49.0 | +5.51 | AAT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 10.8x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.37B | $1.57B | -$200.1M | CBL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AAT REV | CBL REV | AAT GROSS % | CBL GROSS % | AAT FCF | CBL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $39.9M | $16.2M | — | — | $167.1M | $249.7M |
| FY 2024 | $43.0M | $18.6M | — | — | $207.1M | $202.2M |
| FY 2023 | $42.9M | $18.9M | — | — | $188.8M | $183.5M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AAT // BETA —
CBL // BETA —