WHITESTONE REIT (WSR) Stock Fundamental Analysis
USA - NYSE:WSR - US9660842041 - REIT
13.35 USD
+0.09 (+0.68%)
13.35 USD
0 (0%)
Taking everything into account, WSR scores 5 out of 10 in our fundamental rating. WSR was compared to 127 industry peers in the Diversified REITs industry. WSR scores excellent on profitability, but there are concerns on its financial health. WSR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year WSR was profitable.
In the past year WSR had a positive cash flow from operations.
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 85.04% of the companies in the same industry.
WSR's Return On Equity of 10.11% is amongst the best of the industry. WSR outperforms 89.76% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.90%, WSR is in the better half of the industry, outperforming 74.80% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WSR 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
The Profit Margin of WSR (28.16%) is better than 81.89% of its industry peers.
WSR's Profit Margin has improved in the last couple of years.
The Operating Margin of WSR (34.03%) is better than 70.08% of its industry peers.
WSR's Operating Margin has improved in the last couple of years.
WSR has a Gross Margin (69.58%) which is in line with 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WSR is destroying value.
Compared to 1 year ago, WSR has more shares outstanding
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.
Looking at the Altman-Z score, with a value of 0.64, WSR is in line with its industry, outperforming 55.91% of the companies in the same industry.
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 | 0.64 |
ROIC/WACC0.58
WACC6.75%
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.
WSR has a Current ratio of 1.26. This is in the better half of the industry: WSR outperforms 61.42% 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.
With a decent Quick ratio value of 1.26, WSR is doing good in the industry, outperforming 62.99% 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.
The Earnings Per Share has been growing slightly by 5.63% on average over the past years.
WSR shows a small growth in Revenue. In the last year, the Revenue has grown by 4.51%.
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.
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
A Price/Earnings ratio of 15.71 indicates a correct valuation of WSR.
WSR's Price/Earnings ratio is rather cheap when compared to the industry. WSR is cheaper than 87.40% of the companies in the same industry.
When comparing the Price/Earnings ratio of WSR to the average of the S&P500 Index (25.83), we can say WSR is valued slightly cheaper.
WSR is valuated quite expensively with a Price/Forward Earnings ratio of 28.43.
WSR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WSR is cheaper than 77.95% of the companies in the same industry.
WSR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 28.43 |
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 | 14.8 |
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 -11.94% in the coming years.
PEG (NY)N/A
PEG (5Y)2.79
EPS Next 2Y-18.67%
EPS Next 3Y-11.94%
5. Dividend
5.1 Amount
WSR has a Yearly Dividend Yield of 4.49%, which is a nice return.
Compared to an average industry Dividend Yield of 6.21, WSR has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, 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 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
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%
13.35
+0.09 (+0.68%)
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 Change0.16%
Ins Owners3.39%
Ins Owner Change1.69%
Market Cap681.12M
Revenue(TTM)157.78M
Net Income(TTM)44.42M
Analysts80
Price Target15.05 (12.73%)
Short Float %1.22%
Short Ratio2.69
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)-1.2%
PT rev (3m)-2.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.79%
EPS NY rev (1m)0%
EPS NY rev (3m)12.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 28.43 | ||
| P/S | 4.32 | ||
| P/FCF | N/A | ||
| P/OCF | 12.86 | ||
| P/B | 1.55 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 14.8 |
EPS(TTM)0.85
EY6.37%
EPS(NY)0.47
Fwd EY3.52%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.04
OCFY7.78%
SpS3.09
BVpS8.61
TBVpS8.61
PEG (NY)N/A
PEG (5Y)2.79
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 | 250 | ||
| Cash Conversion | 59.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 0.64 |
F-Score7
WACC6.75%
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 15.71 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.