ASPI

ASP Isotopes

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Basic Materials

industry

Chemicals

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

05/19/26

Business Summary

Douglas Emmett operates as an office-focused REIT, generating cash flow by owning and leasing office properties and distributing income to shareholders through dividends. Its moat, to the extent it exists, is rooted in property ownership scale and long-duration lease structures that create recurring rental revenue. Cash generation depends on maintaining occupancy, controlling operating expenses, and financing assets efficiently against their book value. However, with thin operating margins and modest returns on capital, its competitive edge appears more asset-based than operationally superior, making balance sheet discipline central to survival.

VALUATION

P/E

-

Market Cap ($M USD)

$560

Forward P/E

-

PEG

-

PRICE TO SALES

39.5

PRICE TO BOOK

7.6

EV / EBITDA

-5.4

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$1.40

Next Year EPS Growth Estimate

-$0.72

Next Year Revenue Growth Estimate

322.20%

Return on Equity (ROE)

-142.50%

Operating Margin

-507.40%

Debt-to-Equity

1.5

Piotroski F-Score

1

Altman Z-Score

1.8

Return on Invested Capital (ROIC)

-56.00%%

Current Ratio

6.1

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 107.5x earnings with no Forward P/E available, the market is pricing Douglas Emmett on fragile trailing profitability rather than visible forward growth, and the absence of forward earnings clarity is a major red flag. An Altman Z-Score of 0.2 signals extreme financial distress risk, which dramatically undermines any surface-level valuation argument based on its 0.9 Price/Book or 1.6 Price/Sales. With ROE at just 2.50% and operating margin at 0.80%, profitability is razor-thin, meaning even small operational shocks could erase earnings power. This is not a clean mispricing; it is a balance-sheet-sensitive REIT trading optically cheap on assets but fundamentally constrained by weak returns and distress-level solvency metrics.

AI Exposure / Tech Reliance

As a REIT - Office operator, its exposure to AI is indirect and primarily tied to demand for modern, tech-enabled office space rather than proprietary innovation. The ability to adapt depends on capital allocation and property modernization, not internal technology leverage. With operating margin at 0.80%, there is little cushion to aggressively reinvest in tech upgrades without pressuring profitability further.

The Bull Case

A deep value investor could argue the 0.9 Price/Book suggests the market values the company below its asset base, offering potential upside if property valuations stabilize. The Piotroski F-Score of 4 indicates middling but not catastrophic fundamental health, suggesting the business is not in full deterioration. ROIC at 3.80% exceeds ROE at 2.50%, implying some capital deployment efficiency relative to shareholder returns, and a current ratio of 3.1 provides short-term liquidity flexibility. Add a TTM yield of 2.9 and a stated dividend of 7.90% with a payout ratio of 0.76, and income-focused investors may see a stabilized yield play if cash flows hold steady.

The Bear Case

The bear case is significantly stronger: a 107.5 P/E paired with EPS next year estimated at $0.09 implies a dramatic earnings compression relative to current EPS of 10.5, suggesting trailing figures are not sustainable. Sales growth next year of -$0.14 indicates contraction, not expansion, eliminating any PEG-based growth justification. An Altman Z-Score of 0.2 screams financial distress risk, and while Debt/Equity is listed at 19.00%, even that leverage combined with sub-1% operating margins leaves virtually no buffer. Short % of float at -7.50% and institutional ownership at $11.65 reflect a lack of strong conviction support, and a consensus target price of 2.92 versus a 25.60% consensus rating suggests muted market confidence.

Market Sentiment & Smart Money

Short Interest %

20.60%

Analyst Consensus

1

Average Analyst Price Target

$13.00

Institutional Ownership %

53.80%

1-Year Beta

2.4

Insider Buying % (6 Mo)

17.10%%

Distance to 52-Week High

30.90%%

Distance to 52-Week Low

114.30%%