WHITESTONE REIT (WSR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WSR - US9660842041 - REIT
13.37 USD
+0.02 (+0.15%)
13.37 USD
0 (0%)
Taking everything into account, WSR scores 5 out of 10 in our fundamental rating. WSR was compared to 128 industry peers in the Diversified REITs industry. While WSR belongs to the best of the industry regarding profitability, 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
In the past year WSR was profitable.
WSR had a positive operating cash flow in the past year.
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's Return On Assets of 3.88% is amongst the best of the industry. WSR outperforms 86.72% of its industry peers.
WSR has a Return On Equity of 10.11%. This is amongst the best in the industry. WSR outperforms 88.28% of its industry peers.
The Return On Invested Capital of WSR (3.90%) is better than 74.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WSR 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
With an excellent Profit Margin value of 28.16%, WSR belongs to the best of the industry, outperforming 82.81% of the companies in the same industry.
WSR's Profit Margin has improved in the last couple of years.
The Operating Margin of WSR (34.03%) is better than 69.53% of its industry peers.
In the last couple of years the Operating Margin of WSR has grown nicely.
WSR has a Gross Margin (69.58%) which is in line with its industry peers.
In the last couple of years the Gross Margin of WSR has remained more or less at the same level.
| 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.
WSR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, WSR has more shares outstanding
The debt/assets ratio for WSR has been reduced compared to a year ago.
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.
WSR has a Altman-Z score of 0.64. This is comparable to the rest of the industry: WSR outperforms 57.03% of its industry peers.
WSR has a Debt/Equity ratio of 1.46. This is a high value indicating a heavy dependency on external financing.
WSR's Debt to Equity ratio of 1.46 is in line compared to the rest of the industry. WSR outperforms 43.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.64 |
ROIC/WACC0.58
WACC6.68%
2.3 Liquidity
A Current Ratio of 1.26 indicates that WSR should not have too much problems paying its short term obligations.
WSR has a Current ratio of 1.26. This is comparable to the rest of the industry: WSR outperforms 58.59% of its industry peers.
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.
Looking at the Quick ratio, with a value of 1.26, WSR is in line with its industry, outperforming 59.38% of the companies in the same industry.
| 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.
The Revenue has been growing slightly by 4.51% in the past year.
The Revenue has been growing slightly by 5.28% on average over the past years.
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.73, the valuation of WSR can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of WSR indicates a rather cheap valuation: WSR is cheaper than 89.84% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of WSR to the average of the S&P500 Index (26.15), we can say WSR is valued slightly cheaper.
WSR is valuated quite expensively with a Price/Forward Earnings ratio of 28.47.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WSR indicates a somewhat cheap valuation: WSR is cheaper than 78.13% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of WSR to the average of the S&P500 Index (36.12), we can say WSR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.73 | ||
| Fwd PE | 28.47 |
4.2 Price Multiples
WSR's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.87 |
4.3 Compensation for Growth
The excellent profitability rating of WSR may justify a higher PE ratio.
A cheap valuation may be justified as WSR's earnings are expected to decrease with -11.94% in the coming years.
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.
WSR's Dividend Yield is comparable with the industry average which is at 6.59.
WSR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| 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
60.32% of the earnings are spent on dividend by WSR. 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%
13.37
+0.02 (+0.15%)
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 Cap682.14M
Revenue(TTM)157.78M
Net Income(TTM)44.42M
Analysts80
Price Target15.15 (13.31%)
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 | 15.73 | ||
| Fwd PE | 28.47 | ||
| P/S | 4.32 | ||
| P/FCF | N/A | ||
| P/OCF | 12.88 | ||
| P/B | 1.55 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 14.87 |
EPS(TTM)0.85
EY6.36%
EPS(NY)0.47
Fwd EY3.51%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.04
OCFY7.77%
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
WACC6.68%
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 15.73 and the Price/Book (PB) ratio is 1.55.
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.