American Assets Trust Inc vs JBG SMITH Properties

American Assets Trust Inc (AAT) is undervalued and we do not publish a verdict for JBG SMITH Properties (JBGS).

We publish an intrinsic value for AAT but not for JBGS, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

American Assets Trust Inc (AAT)

Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $43.11; the price of $22.01 is 49% below that value, and 82% of that value comes from beyond year five.

Leak Score 66/100 on 8 of 12 signals

JBG SMITH Properties (JBGS)

We do not publish a value for this company: there is no balance sheet on file to value what it owns.

Leak Score 51/100 on 7 of 12 signals

MetricAATJBGS
VerdictUndervaluedNot valued
Price$22.01$11.01
Intrinsic value$43.11
Margin of safety+49%
Leak Score66/100 (8/12)51/100 (7/12)
Market cap$1.4B$822M
Revenue growth, 5 years6.9%-3.7%
Operating margin22.8%0.4%
Net margin4.1%-30.3%
Return on equity1.6%-12.9%
Debt to equity1.532.41
P/E74.3x
Forward P/E59.5x
P/B1.2x0.6x
Dividend yield6.2%6.4%

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