WHITESTONE REIT (WSR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WSR - US9660842041 - REIT
13.4 USD
+0.2 (+1.52%)
13.4 USD
0 (0%)
Overall WSR gets a fundamental rating of 5 out of 10. We evaluated WSR against 128 industry peers in the Diversified REITs industry. WSR scores excellent on profitability, but there are concerns on its financial health. WSR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
WSR had positive earnings in the past year.
In the past year WSR had a positive cash flow from operations.
Each year in the past 5 years WSR has been profitable.
WSR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WSR has a better Return On Assets (3.88%) than 86.72% of its industry peers.
Looking at the Return On Equity, with a value of 10.11%, WSR belongs to the top of the industry, outperforming 88.28% of the companies in the same industry.
WSR's Return On Invested Capital of 3.90% is fine compared to the rest of the industry. WSR outperforms 74.22% of its industry peers.
WSR had an Average Return On Invested Capital over the past 3 years of 3.59%. This is in line with the industry average of 3.06%.
The 3 year average ROIC (3.59%) for WSR is below the current ROIC(3.90%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 10.11% | ||
| ROIC | 3.9% |
ROA(3y)2.72%
ROA(5y)1.97%
ROE(3y)7.16%
ROE(5y)5.27%
ROIC(3y)3.59%
ROIC(5y)3.15%
1.3 Margins
WSR has a Profit Margin of 28.16%. This is amongst the best in the industry. WSR outperforms 82.81% of its industry peers.
In the last couple of years the Profit Margin of WSR has grown nicely.
WSR's Operating Margin of 34.03% is fine compared to the rest of the industry. WSR outperforms 69.53% of its industry peers.
WSR's Operating Margin has improved in the last couple of years.
WSR has a Gross Margin of 69.58%. This is comparable to the rest of the industry: WSR outperforms 57.81% of its industry peers.
WSR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.03% | ||
| PM (TTM) | 28.16% | ||
| GM | 69.58% |
OM growth 3Y5.79%
OM growth 5Y2.69%
PM growth 3Y35.51%
PM growth 5Y3.87%
GM growth 3Y0.75%
GM growth 5Y0.35%
2. Health
2.1 Basic Checks
WSR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for WSR has been increased compared to 1 year ago.
WSR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WSR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.64, we must say that WSR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of WSR (0.64) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.46 is on the high side and indicates that WSR has dependencies on debt financing.
The Debt to Equity ratio of WSR (1.46) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.64 |
ROIC/WACC0.58
WACC6.69%
2.3 Liquidity
WSR has a Current Ratio of 1.26. This is a normal value and indicates that WSR is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.26, WSR perfoms like the industry average, outperforming 58.59% of the companies in the same industry.
WSR has a Quick Ratio of 1.26. This is a normal value and indicates that WSR is financially healthy and should not expect problems in meeting its short term obligations.
WSR's Quick ratio of 1.26 is in line compared to the rest of the industry. WSR outperforms 59.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
WSR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 93.18%, which is quite impressive.
Measured over the past 5 years, WSR shows a small growth in Earnings Per Share. The EPS has been growing by 5.63% on average per year.
Looking at the last year, WSR shows a small growth in Revenue. The Revenue has grown by 4.51% in the last year.
WSR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.28% yearly.
EPS 1Y (TTM)93.18%
EPS 3Y39.77%
EPS 5Y5.63%
EPS Q2Q%133.33%
Revenue 1Y (TTM)4.51%
Revenue growth 3Y7.16%
Revenue growth 5Y5.28%
Sales Q2Q%6.25%
3.2 Future
Based on estimates for the next years, WSR will show a decrease in Earnings Per Share. The EPS will decrease by -4.79% on average per year.
The Revenue is expected to grow by 5.74% on average over the next years.
EPS Next Y-45.23%
EPS Next 2Y-18.67%
EPS Next 3Y-11.94%
EPS Next 5Y-4.79%
Revenue Next Year3.38%
Revenue Next 2Y4.67%
Revenue Next 3Y4.32%
Revenue Next 5Y5.74%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.76, the valuation of WSR can be described as correct.
WSR's Price/Earnings ratio is rather cheap when compared to the industry. WSR is cheaper than 89.06% of the companies in the same industry.
When comparing the Price/Earnings ratio of WSR to the average of the S&P500 Index (25.47), we can say WSR is valued slightly cheaper.
A Price/Forward Earnings ratio of 28.53 indicates a quite expensive valuation of WSR.
78.91% of the companies in the same industry are more expensive than WSR, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.42, WSR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 28.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WSR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.89 |
4.3 Compensation for Growth
The excellent profitability rating of WSR may justify a higher PE ratio.
WSR's earnings are expected to decrease with -11.94% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.8
EPS Next 2Y-18.67%
EPS Next 3Y-11.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.49%, WSR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.59, WSR has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, WSR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
The dividend of WSR decreases each year by -15.28%.
WSR has paid a dividend for at least 10 years, which is a reliable track record.
WSR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-15.28%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
WSR pays out 60.32% of its income as dividend. This is not a sustainable payout ratio.
WSR's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP60.32%
EPS Next 2Y-18.67%
EPS Next 3Y-11.94%
13.4
+0.2 (+1.52%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners65.2%
Inst Owner Change0.15%
Ins Owners3.39%
Ins Owner Change1.69%
Market Cap683.67M
Revenue(TTM)157.78M
Net Income(TTM)44.42M
Analysts80
Price Target15.15 (13.06%)
Short Float %1.27%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
Yearly Dividend0.49
Dividend Growth(5Y)-15.28%
DP60.32%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)124.43%
Min EPS beat(2)18.82%
Max EPS beat(2)230.03%
EPS beat(4)3
Avg EPS beat(4)109.17%
Min EPS beat(4)-18.46%
Max EPS beat(4)230.03%
EPS beat(8)6
Avg EPS beat(8)126.63%
EPS beat(12)7
Avg EPS beat(12)114.93%
EPS beat(16)9
Avg EPS beat(16)89.69%
Revenue beat(2)1
Avg Revenue beat(2)0.79%
Min Revenue beat(2)-2.68%
Max Revenue beat(2)4.25%
Revenue beat(4)2
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-3.76%
Max Revenue beat(4)4.3%
Revenue beat(8)2
Avg Revenue beat(8)-0.22%
Revenue beat(12)2
Avg Revenue beat(12)-0.53%
Revenue beat(16)5
Avg Revenue beat(16)-0.07%
PT rev (1m)-0.4%
PT rev (3m)-0.48%
EPS NQ rev (1m)4.55%
EPS NQ rev (3m)21.05%
EPS NY rev (1m)0%
EPS NY rev (3m)13.24%
Revenue NQ rev (1m)3.38%
Revenue NQ rev (3m)3.54%
Revenue NY rev (1m)1.87%
Revenue NY rev (3m)1.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 28.53 | ||
| P/S | 4.33 | ||
| P/FCF | N/A | ||
| P/OCF | 12.9 | ||
| P/B | 1.56 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 14.89 |
EPS(TTM)0.85
EY6.34%
EPS(NY)0.47
Fwd EY3.5%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.04
OCFY7.75%
SpS3.09
BVpS8.61
TBVpS8.61
PEG (NY)N/A
PEG (5Y)2.8
Graham Number12.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 10.11% | ||
| ROCE | 4.94% | ||
| ROIC | 3.9% | ||
| ROICexc | 3.93% | ||
| ROICexgc | 3.94% | ||
| OM | 34.03% | ||
| PM (TTM) | 28.16% | ||
| GM | 69.58% | ||
| FCFM | N/A |
ROA(3y)2.72%
ROA(5y)1.97%
ROE(3y)7.16%
ROE(5y)5.27%
ROIC(3y)3.59%
ROIC(5y)3.15%
ROICexc(3y)3.61%
ROICexc(5y)3.18%
ROICexgc(3y)3.65%
ROICexgc(5y)3.22%
ROCE(3y)4.54%
ROCE(5y)3.99%
ROICexgc growth 3Y12.11%
ROICexgc growth 5Y6.64%
ROICexc growth 3Y12.38%
ROICexc growth 5Y6.74%
OM growth 3Y5.79%
OM growth 5Y2.69%
PM growth 3Y35.51%
PM growth 5Y3.87%
GM growth 3Y0.75%
GM growth 5Y0.35%
F-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.25 | ||
| Cap/Depr | 221.75% | ||
| Cap/Sales | 49.1% | ||
| Interest Coverage | 1.6 | ||
| Cash Conversion | 59.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 0.64 |
F-Score7
WACC6.69%
ROIC/WACC0.58
Cap/Depr(3y)159.87%
Cap/Depr(5y)164.15%
Cap/Sales(3y)36.2%
Cap/Sales(5y)37.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)93.18%
EPS 3Y39.77%
EPS 5Y5.63%
EPS Q2Q%133.33%
EPS Next Y-45.23%
EPS Next 2Y-18.67%
EPS Next 3Y-11.94%
EPS Next 5Y-4.79%
Revenue 1Y (TTM)4.51%
Revenue growth 3Y7.16%
Revenue growth 5Y5.28%
Sales Q2Q%6.25%
Revenue Next Year3.38%
Revenue Next 2Y4.67%
Revenue Next 3Y4.32%
Revenue Next 5Y5.74%
EBIT growth 1Y11.67%
EBIT growth 3Y13.37%
EBIT growth 5Y8.11%
EBIT Next Year79.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-12.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.14%
OCF growth 3Y6.01%
OCF growth 5Y4.05%
WHITESTONE REIT / WSR FAQ
Can you provide the ChartMill fundamental rating for WHITESTONE REIT?
ChartMill assigns a fundamental rating of 5 / 10 to WSR.
What is the valuation status of WHITESTONE REIT (WSR) stock?
ChartMill assigns a valuation rating of 4 / 10 to WHITESTONE REIT (WSR). This can be considered as Fairly Valued.
What is the profitability of WSR stock?
WHITESTONE REIT (WSR) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for WSR stock?
The Price/Earnings (PE) ratio for WHITESTONE REIT (WSR) is 15.76 and the Price/Book (PB) ratio is 1.56.
Can you provide the expected EPS growth for WSR stock?
The Earnings per Share (EPS) of WHITESTONE REIT (WSR) is expected to decline by -45.23% in the next year.