WHITESTONE REIT (WSR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WSR - US9660842041 - REIT
13.29 USD
-0.08 (-0.6%)
13.29 USD
0 (0%)
WSR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. While WSR has a great profitability rating, there are quite some concerns on its financial health. WSR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
WSR had positive earnings in the past year.
WSR had a positive operating cash flow in the past year.
WSR had positive earnings in each of the past 5 years.
In the past 5 years WSR always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.88%, WSR belongs to the top of the industry, outperforming 86.72% of the companies in the same industry.
WSR has a better Return On Equity (10.11%) than 88.28% of its industry peers.
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 last Return On Invested Capital (3.90%) for WSR is above the 3 year average (3.59%), which is a sign of increasing profitability.
| 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
The Profit Margin of WSR (28.16%) is better than 82.81% of its industry peers.
In the last couple of years the Profit Margin of WSR has grown nicely.
The Operating Margin of WSR (34.03%) is better than 69.53% of its industry peers.
WSR's Operating Margin has improved in the last couple of years.
The Gross Margin of WSR (69.58%) is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WSR is destroying value.
WSR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, WSR has more shares outstanding
Compared to 1 year ago, WSR has an improved debt to assets ratio.
2.2 Solvency
WSR has an Altman-Z score of 0.64. This is a bad value and indicates that WSR is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.64, WSR perfoms like the industry average, outperforming 57.03% of the companies in the same industry.
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
WACC6.69%
2.3 Liquidity
A Current Ratio of 1.26 indicates that WSR should not have too much problems paying its short term obligations.
The Current ratio of WSR (1.26) is comparable to the rest of the 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.
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
The Earnings Per Share has grown by an impressive 93.18% over the past year.
WSR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.63% yearly.
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
The Earnings Per Share is expected to decrease by -4.79% on average over the next years.
Based on estimates for the next years, WSR will show a small growth in Revenue. The Revenue will grow by 5.74% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
WSR is valuated correctly with a Price/Earnings ratio of 15.64.
WSR's Price/Earnings ratio is rather cheap when compared to the industry. WSR is cheaper than 89.84% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, WSR is valued a bit cheaper.
A Price/Forward Earnings ratio of 28.30 indicates a quite expensive valuation of WSR.
Based on the Price/Forward Earnings ratio, WSR is valued a bit cheaper than 78.13% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. WSR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.64 | ||
| Fwd PE | 28.3 |
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.
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)2.78
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 6.38, WSR has a dividend in line with its industry peers.
WSR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
The dividend of WSR decreases each year by -15.28%.
WSR has been paying a dividend for at least 10 years, so it has 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.
The Dividend Rate of WSR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP60.32%
EPS Next 2Y-18.67%
EPS Next 3Y-11.94%
13.29
-0.08 (-0.6%)
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 Cap678.06M
Revenue(TTM)157.78M
Net Income(TTM)44.42M
Analysts80
Price Target15.15 (14%)
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 | 15.64 | ||
| Fwd PE | 28.3 | ||
| P/S | 4.3 | ||
| P/FCF | N/A | ||
| P/OCF | 12.8 | ||
| P/B | 1.54 | ||
| P/tB | 1.54 | ||
| EV/EBITDA | 14.87 |
EPS(TTM)0.85
EY6.4%
EPS(NY)0.47
Fwd EY3.53%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.04
OCFY7.81%
SpS3.09
BVpS8.61
TBVpS8.61
PEG (NY)N/A
PEG (5Y)2.78
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 15.64 and the Price/Book (PB) ratio is 1.54.
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.