WHITESTONE REIT (WSR) Stock Fundamental Analysis
NYSE:WSR • US9660842041
15.25 USD
+0.03 (+0.2%)
At close: Feb 23, 2026
15.25 USD
0 (0%)
After Hours: 2/23/2026, 8:22:02 PM
WSR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 122 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 quite expensive at the moment. It does show 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.
- In the past 5 years WSR has always been profitable.
- WSR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.88%, WSR belongs to the top of the industry, outperforming 81.15% of the companies in the same industry.
- WSR's Return On Equity of 10.11% is amongst the best of the industry. WSR outperforms 86.89% of its industry peers.
- WSR has a better Return On Invested Capital (3.90%) than 74.59% 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 3.07%.
- 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 81.15% of its industry peers.
- In the last couple of years the Profit Margin of WSR has grown nicely.
- With a decent Operating Margin value of 34.03%, WSR is doing good in the industry, outperforming 68.85% of the companies in the same industry.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WSR 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
- WSR has an Altman-Z score of 0.72. This is a bad value and indicates that WSR is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of WSR (0.72) is better than 60.66% of its industry peers.
- A Debt/Equity ratio of 1.46 is on the high side and indicates that WSR has dependencies on debt financing.
- WSR has a Debt to Equity ratio (1.46) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.72 |
ROIC/WACC0.58
WACC6.72%
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.
- The Current ratio of WSR (1.26) is better than 64.75% of its industry peers.
- A Quick Ratio of 1.26 indicates that WSR should not have too much problems paying its short term obligations.
- WSR's Quick ratio of 1.26 is fine compared to the rest of the industry. WSR outperforms 65.57% 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.
- 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 -2.17% on average per year.
- The Revenue is expected to grow by 4.50% on average over the next years.
EPS Next Y-9.31%
EPS Next 2Y-17.54%
EPS Next 3Y-9.56%
EPS Next 5Y-2.17%
Revenue Next Year4.03%
Revenue Next 2Y4.94%
Revenue Next 3Y4.62%
Revenue Next 5Y4.5%
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.
- 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
- WSR is valuated rather expensively with a Price/Earnings ratio of 17.94.
- WSR's Price/Earnings ratio is rather cheap when compared to the industry. WSR is cheaper than 85.25% of the companies in the same industry.
- When comparing the Price/Earnings ratio of WSR to the average of the S&P500 Index (26.64), we can say WSR is valued slightly cheaper.
- The Price/Forward Earnings ratio is 31.59, which means the current valuation is very expensive for WSR.
- 76.23% of the companies in the same industry are more expensive than WSR, based on the Price/Forward Earnings ratio.
- WSR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.75.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.94 | ||
| Fwd PE | 31.59 |
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 | 15.93 |
4.3 Compensation for Growth
- WSR has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as WSR's earnings are expected to decrease with -9.56% in the coming years.
PEG (NY)N/A
PEG (5Y)3.19
EPS Next 2Y-17.54%
EPS Next 3Y-9.56%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.10%, WSR is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 6.81, WSR has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, WSR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
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-17.54%
EPS Next 3Y-9.56%
15.25
+0.03 (+0.2%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-25 2026-02-25/amc
Inst Owners66.21%
Inst Owner Change0.98%
Ins Owners3.51%
Ins Owner Change5.56%
Market Cap778.05M
Revenue(TTM)157.78M
Net Income(TTM)44.42M
Analysts81.67
Price Target15.68 (2.82%)
Short Float %1.17%
Short Ratio2.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
Yearly Dividend0.49
Dividend Growth(5Y)-15.28%
DP60.32%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-16 2026-03-16 (0.1425)
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)2.5%
PT rev (3m)3.49%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)2.61%
EPS NY rev (1m)0.66%
EPS NY rev (3m)65.58%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.94 | ||
| Fwd PE | 31.59 | ||
| P/S | 4.93 | ||
| P/FCF | N/A | ||
| P/OCF | 14.69 | ||
| P/B | 1.77 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 15.93 |
EPS(TTM)0.85
EY5.57%
EPS(NY)0.48
Fwd EY3.17%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.04
OCFY6.81%
SpS3.09
BVpS8.61
TBVpS8.61
PEG (NY)N/A
PEG (5Y)3.19
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 | 0.72 |
F-Score7
WACC6.72%
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-9.31%
EPS Next 2Y-17.54%
EPS Next 3Y-9.56%
EPS Next 5Y-2.17%
Revenue 1Y (TTM)4.51%
Revenue growth 3Y7.16%
Revenue growth 5Y5.28%
Sales Q2Q%6.25%
Revenue Next Year4.03%
Revenue Next 2Y4.94%
Revenue Next 3Y4.62%
Revenue Next 5Y4.5%
EBIT growth 1Y11.67%
EBIT growth 3Y13.37%
EBIT growth 5Y8.11%
EBIT Next Year79.96%
EBIT Next 3Y25.07%
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.
Can you provide the valuation status for WHITESTONE REIT?
ChartMill assigns a valuation rating of 3 / 10 to WHITESTONE REIT (WSR). This can be considered as Overvalued.
What is the profitability of WSR stock?
WHITESTONE REIT (WSR) has a profitability rating of 8 / 10.
What is the valuation of WHITESTONE REIT based on its PE and PB ratios?
The Price/Earnings (PE) ratio for WHITESTONE REIT (WSR) is 17.94 and the Price/Book (PB) ratio is 1.77.
What is the earnings growth outlook for WHITESTONE REIT?
The Earnings per Share (EPS) of WHITESTONE REIT (WSR) is expected to decline by -9.31% in the next year.