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Whitestone REIT (Whitestone REIT) Return-on-Tangible-Equity

: 1.47% (As of Dec. 2023)
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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Whitestone REIT's annualized net income for the quarter that ended in Dec. 2023 was $6.2 Mil. Whitestone REIT's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $420.3 Mil. Therefore, Whitestone REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.47%.

The historical rank and industry rank for Whitestone REIT's Return-on-Tangible-Equity or its related term are showing as below:

WSR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.78   Med: 3.44   Max: 8.7
Current: 4.57

During the past 13 years, Whitestone REIT's highest Return-on-Tangible-Equity was 8.70%. The lowest was 1.78%. And the median was 3.44%.

WSR's Return-on-Tangible-Equity is ranked better than
50% of 798 companies
in the REITs industry
Industry Median: 4.535 vs WSR: 4.57

Whitestone REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Whitestone REIT's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Whitestone REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.81 1.78 3.32 8.70 4.61

Whitestone REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.37 3.70 10.79 2.33 1.47

Competitive Comparison

For the REIT - Retail subindustry, Whitestone REIT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Whitestone REIT Return-on-Tangible-Equity Distribution

For the REITs industry and Real Estate sector, Whitestone REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Whitestone REIT's Return-on-Tangible-Equity falls into.



Whitestone REIT Return-on-Tangible-Equity Calculation

Whitestone REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=19.18/( (418.448+413.742 )/ 2 )
=19.18/416.095
=4.61 %

Whitestone REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=6.164/( (426.805+413.742)/ 2 )
=6.164/420.2735
=1.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Whitestone REIT  (NYSE:WSR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Whitestone REIT Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Whitestone REIT's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Whitestone REIT (Whitestone REIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 500, Houston, TX, USA, 77063
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.
Executives
Julia Bruns Buthman director 5414 BELMONT AVE., DALLAS TX 75206
Amy Shih-hua Feng director 305 2ND AVENUE, APT 534, NEW YORK NY 10003
Christine J Mastandrea officer: VP Strategy & Mkt Research 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Soklin Siv officer: VP of Human Resources 4506 LAKE BARDWELL CT., RICHMOND TX 77406
John Scott Hogan officer: Chief Financial Officer 2311 SUN SHADOW LN, SPRING TX 77386
Peter Tropoli officer: General Counsel
Jeffrey Alan Jones director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
James C Mastandrea director, officer: CHAIRMAN & CEO 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
David F. Taylor director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Najeeb A Khan director PO BOX 1602, SOUTH BEND IN 46634
Nandita Berry director 2600 SOUTH GESSNER, SUITE 500, HOUSTON TX 77063
Paul T Lambert director
David K Holeman officer: CHIEF FINANCIAL OFFICER 20 GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
John J Dee officer: CHIEF OPERATING OFFICER
Kyle A Miller officer: Vice President of Operations 2600 SOUTH GESSNER ROAD SUITE 500, HOUSTON TX 77063

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