Market cap
$988 Mln
Revenue (TTM)
$165 Mln
P/E Ratio
19.8
P/B Ratio
2.1
Div. Yield
2.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.65 | 9.27 | 5.81 | 5.44 | 7.17 |
| EBIT | -59.29 | 8.40 | 30.41 | 23.73 | 24.01 |
| Net Profit | -81.86 | 11.96 | 61.20 | 15.65 | 37.68 |
| EPS | -82.18 | 9.97 | 60.31 | 14.91 | 48.40 |
| Book Value | -- | -- | 4.55 | 1.42 | 2.50 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 44.85 | 41.58 | 51.91 | 52.66 | 46.21 |
| Net Margin
| -- | 22.37 | 30.50 | -- | -- |
| Return on equity
| 8.13 | 7.24 | 11.01 | 11.14 | 8.66 |
| Return on Capital
| 3.30 | 2.85 | -- | 4.60 | 3.47 |
| Return on Assets
| 3.11 | 2.73 | 4.26 | 4.33 | 3.28 |
| Debt to Equity (x)
| -- | -- | 1.41 | 1.41 | 1.44 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
--
|
4.60
|
3.47
|
1.82
|
3.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
11.01
Higher than Peers by 6.98
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
11.01
|
11.14
|
8.66
|
4.58
|
8.57
|
|
Peer Median
|
4.03
|
--
|
--
|
--
|
--
|
ROA
4.26
Higher than Peers by 2.29
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
4.26
|
4.33
|
3.28
|
1.73
|
3.20
|
|
Peer Median
|
1.96
|
--
|
--
|
--
|
--
|
EBIT Margin
51.91
Higher than Peers by 19.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
51.91
|
52.66
|
46.21
|
35.67
|
45.11
|
|
Peer Median
|
32.87
|
--
|
--
|
--
|
--
|
Net Margin
30.50
Higher than Peers by 12.53
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
30.50
|
31.04
|
23.72
|
12.97
|
22.37
|
|
Peer Median
|
17.97
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
5.81
Higher than Peers by 0.10
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
5.81
|
0.03
|
0.05
|
0.05
|
0.12
|
|
Peer Median
|
5.71
|
--
|
--
|
--
|
--
|
EBIT Growth
30.41
Higher than Peers by 19.31
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
30.41
|
17.89
|
36.18
|
-16.79
|
79.30
|
|
Peer Median
|
11.10
|
--
|
--
|
--
|
--
|
Net Profit Growth
61.20
Higher than Peers by 53.18
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
61.20
|
35.33
|
92.35
|
-45.62
|
192.75
|
|
Peer Median
|
8.03
|
--
|
--
|
--
|
--
|
EPS Growth
60.31
Higher than Peers by 56.19
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
60.31
|
0.35
|
0.89
|
-0.47
|
1.92
|
|
Peer Median
|
4.12
|
--
|
--
|
--
|
--
|
Book Value Growth
5.74
Higher than Peers by 7.50
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
5.74
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-1.76
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.41
Higher than Peers by 0.49
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
1.41
|
1.41
|
1.44
|
1.55
|
1.48
|
|
Peer Median
|
0.92
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.00
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
0.00
|
0.04
|
0.00
|
0.15
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
180.98
Higher than Peers by 179.82
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
180.98
|
2.86
|
2.03
|
0.61
|
1.06
|
|
Peer Median
|
1.17
|
--
|
--
|
--
|
--
|
Quick Ratio
180.98
Higher than Peers by 179.94
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
180.98
|
--
|
--
|
0.28
|
1.06
|
|
Peer Median
|
1.05
|
--
|
--
|
--
|
--
|
Interest Coverage
2.50
Higher than Peers by 0.48
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
2.50
|
2.52
|
2.11
|
1.61
|
2.33
|
|
Peer Median
|
2.02
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
22.67
Higher than Peers by 4.38
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
22.67
|
23.28
|
51.86
|
21.70
|
19.17
|
|
Peer Median
|
18.28
|
--
|
--
|
--
|
--
|
Asset Turnover
0.14
Higher than Peers by 0.03
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
0.14
|
0.14
|
0.14
|
0.13
|
0.13
|
|
Peer Median
|
0.11
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
--
|
134.08
|
132.41
|
72.91
|
65.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
--
|
--
|
279.34
|
139.71
|
269.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
--
|
314.58
|
275.83
|
258.07
|
345.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
--
|
--
|
135.93
|
-45.45
|
-10.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
19.78
Lower than Peers by 18.02
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
19.78
|
14.43
|
19.92
|
32.72
|
13.70
|
|
Peer Median
|
37.80
|
--
|
--
|
--
|
--
|
Price / Book Value
2.10
Higher than Peers by 0.47
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
2.10
|
1.57
|
1.68
|
1.52
|
1.14
|
|
Peer Median
|
1.64
|
--
|
--
|
--
|
--
|
Dividend Yield
2.89
Lower than Peers by 1.34
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
2.89
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.23
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.31
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
13.31
|
11.27
|
12.75
|
14.70
|
11.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
988
Higher than Peers by 537
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Whitestone REIT (WSR)
|
988
|
--
|
--
|
--
|
--
|
|
Peer Median
|
451
|
--
|
--
|
--
|
--
|