American Strategic Investment Co. Class A Common Stock (NYC)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style bargain hunter. At the close on 2026-10-13, American Strategic Investment traded at $5.61 with a market cap of $17.7M. FairStock shows a P/B of 0.34 and a Graham Number of $45.07, implying an 87.55% margin of safety. That is the kind of statistical cheapness that gets attention. But Graham also insisted on demonstrated earning power and a sound balance sheet. Here the filed figures show losses: net loss of $7.8M and diluted EPS of -$3.04 in fiscal Q1 2026, net loss of $21.2M and EPS of -$8.32 in FY2025, net loss of $140.6M and EPS of -$56.51 in FY2024, and net loss of $105.9M and EPS of -$47.57 in FY2023. The Lynch screen assigns no category because the company lost money in each of the last four years. FairStock's ROCE is -1.80%, Piotroski is 3/9, Altman Z is -1.88, and trailing FCF is -$2.7M, a -15.4% FCF yield. Debt/equity is 4.74, so leverage is heavy. EV/EBITDA of 7.31 and a 0.21 beta do not offset the weak operating picture. The company owns office properties with retail, amenities, and parking; that asset base may have value, but without positive cash flow, the discount to book could be justified. I see a speculative asset play, not a high-quality compounder. A true margin of safety requires either stabilized cash earnings or asset sales that validate book value.

In plain English: American Strategic Investment owns office buildings plus related retail, parking, and amenity space. The business looks weak: it has lost money in each of the last four years and is not generating positive cash after running and investing in the business. The stock price looks very cheap compared with the value of its assets on the books, but the losses and heavy debt make that cheapness uncertain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · fiscal Q3 2024 10-Q (period ended 2024-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer