Whitestone REIT Financial Ratios — WSR Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	1.26	0.04	1.99	3.56	2.98	3.18	2.76	6.14	6.81	1.78	3.32	8.7	4.61	8.66	11.14
Return on Assets (%)	0.48	0.02	0.85	1.33	0.95	0.97	0.87	2.04	2.27	0.57	1.12	3.2	1.73	3.28	4.33
Return on Capital (%)	2.22	-2.72	1.98	2	1.85	2.02	2.03	3.44	4.96	3.05	3.51	5.89	4.83	6.55	7.57
Return on Invested Capital (%)	0.39	-3.54	2.04	1.77	1.87	1.79	2.07	2.84	3.48	2.98	3.33	4.42	4.39	4.62	4.76
Gross Margin (%)	61.83	62.57	62.51	65.25	66.46	67.36	66.57	68.77	69.05	68.78	68.61	69.2	68.93	70.43	69
EBITDA Margin (%)	25.94	46.58	45.29	44.15	44.71	44.45	47.56	53.14	51.42	47.93	50.55	55.39	54.03	54.44	54.76
Operating Margin (%)	20.6	23.66	22.82	22.42	23.56	22.95	25.93	27.93	28.47	24.06	27.44	33.8	32.68	33.08	33.67
Incremental Operating Margin (%)	- -	34.29	20.36	20.43	27.47	17.77	40.4	- -	- -	- -	271.6	85.81	11.28	41	48.27
Pretax Margin (%)	4.46	0.24	6.47	7.78	7.74	8.05	7.12	18.63	20.15	5.28	8.63	25.77	13.45	24.32	31.56
Profit Margin (%)	3.22	0.11	6.27	10.48	7.22	7.59	6.62	17.88	19.86	4.88	9.62	25.09	12.97	23.72	30.87
Net Income to Common Margin (%)	3.22	0.11	6.27	10.48	7.22	7.59	6.62	17.88	19.86	4.88	9.62	25.09	12.97	23.72	30.87
Effective Tax Rate (%)	14.44	250	7.49	5.01	5.15	3.44	4.3	1.55	1.66	5.8	3.56	1.17	2.26	1.19	0.94
Dvd Payout Ratio (%)	651	-9,459.26	541.75	463.59	408.28	384.7	457.72	199.48	188.71	402.09	181.84	63.19	120.1	64.91	53.54
Sustainable Growth Rate (%)	-6.93	3.39	-8.78	-12.95	-9.18	-9.06	-9.88	-6.11	-6.04	-5.38	-2.72	3.2	-0.93	3.04	5.18

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	256	381	526	788	998	1,088	1,318	618	645	644	643	626	642	632	645
ST Debt	128	191	264	394	500	544	659	- -	- -	- -	- -	1	1	- -	- -
LT Debt	128	191	261	394	498	544	659	618	645	644	643	625	641	632	645
Total Debt/EBITDA	28.24	18.19	19.19	24.66	23.89	23.44	22.01	9.71	10.51	10.88	10.15	8.04	8.03	7.47	7.28
Net Debt/EBITDA	27.62	17.88	18.95	24.53	23.82	23.35	21.92	9.49	10.26	10.44	9.9	7.95	7.95	7.4	7.22
Total Debt/EBIT	195.7	34.44	36.77	48.56	45.33	45.4	40.36	16.26	18.64	20.83	18.7	13.56	13.69	12.73	12.27
Net Debt/EBIT	191.34	33.85	36.32	48.3	45.22	45.23	40.21	15.9	18.19	20	18.24	13.42	13.56	12.61	12.16
EBITDA to Interest Expense	1.43	2.45	2.75	3.02	2.8	2.41	2.53	2.53	2.33	2.3	2.58	2.86	2.43	2.49	2.63
EBITDA-CapEx/Interest Expense	-10.15	-10.31	-9.82	-10.1	-7.97	-1.88	-3.52	2.53	2.33	2.3	2.58	2.86	2.43	2.49	2.63
EBIT to Interest Expense	1.13	1.24	1.38	1.53	1.48	1.25	1.38	1.33	1.29	1.15	1.4	1.75	1.47	1.51	1.62
Interest Expense	6	9	10	11	15	19	24	25	26	26	25	27	33	34	34
Common Equity/Total Assets	42.4	43.08	42.49	33.12	31.07	29.9	32.48	34.06	32.69	31.78	35.64	37.95	37.17	38.62	39.11
Long-Term Debt/Equity (%)	97.84	110.25	118.31	184.74	201.61	203.26	183.89	172.13	182.58	190.4	161.1	147.35	152.76	142.46	138.98
Long-Term Debt/Capital (%)	33.09	34.4	35.01	39.35	40.01	40.13	39.31	63.25	64.61	65.57	61.7	59.53	60.4	58.76	58.16
Long-Term Debt/Total Assets (%)	46.76	49.46	51.45	62.13	63.67	63.61	61.59	60.09	61.04	61.64	58.33	56.71	57.58	55.73	55.04
Total Debt/Equity (%)	195.69	220.5	237.94	369.48	403.94	406.53	367.78	172.13	182.58	190.4	161.1	147.52	152.93	142.46	138.98
Total Debt/Capital (%)	66.18	68.8	70.41	78.7	80.16	80.26	78.62	63.25	64.61	65.57	61.7	59.6	60.46	58.76	58.16
Total Debt/Total Assets (%)	93.52	98.92	103.48	124.26	127.57	127.23	123.17	60.09	61.04	61.64	58.33	56.78	57.64	55.73	55.04
Net Debt to Equity	191.33	216.71	235	367.49	402.9	404.97	366.38	168.33	178.19	182.78	157.16	145.9	151.47	141.11	137.77
Net Debt/Capital (%)	65.67	68.43	70.15	78.61	80.12	80.2	78.56	62.73	64.05	64.64	61.11	59.29	60.15	58.48	57.9
EBITDA	9	21	27	32	42	46	60	64	61	59	63	78	80	85	89
EBITDA-CapEx	-64	-88	-98	-107	-119	-36	-83	64	61	59	63	78	80	85	89
Operating Income (Loss)	7	11	14	16	22	24	33	33	34	30	34	48	48	51	54

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.85	0.42	0.39	0.23	0.09	0.13	0.11	0.3	0.3	0.46	0.3	0.14	0.1	0.11	0.09
Current Ratio	1.8	1.35	1.13	1.04	0.88	0.91	0.86	1.26	0.99	1.09	0.97	1.04	1.38	2.03	0.94
Quick Ratio	1.33	0.88	0.91	0.76	0.58	0.66	0.56	0.91	0.75	0.88	0.75	0.74	0.83	1.74	0.8
CFO/Avg Current Liab	0.14	0.71	1.26	1.24	1.33	1.17	0.98	0.86	0.98	0.8	0.87	0.92	1.08	1.25	0.99
Common Equity/Total Assets	42.4	43.08	42.49	33.12	31.07	29.9	32.48	34.06	32.69	31.78	35.64	37.95	37.17	38.62	39.11
Long-Term Debt/Equity (%)	97.84	110.25	118.31	184.74	201.61	203.26	183.89	172.13	182.58	190.4	161.1	147.35	152.76	142.46	138.98
Long-Term Debt/Capital (%)	33.09	34.4	35.01	39.35	40.01	40.13	39.31	63.25	64.61	65.57	61.7	59.53	60.4	58.76	58.16
Long-Term Debt/Total Assets (%)	46.76	49.46	51.45	62.13	63.67	63.61	61.59	60.09	61.04	61.64	58.33	56.71	57.58	55.73	55.04
Total Debt/Equity (%)	195.69	220.5	237.94	369.48	403.94	406.53	367.78	172.13	182.58	190.4	161.1	147.52	152.93	142.46	138.98
Total Debt/Capital (%)	66.18	68.8	70.41	78.7	80.16	80.26	78.62	63.25	64.61	65.57	61.7	59.6	60.46	58.76	58.16
Total Debt/Total Assets (%)	93.52	98.92	103.48	124.26	127.57	127.23	123.17	60.09	61.04	61.64	58.33	56.78	57.64	55.73	55.04
CFO/Total Liabilities	5.92	5.28	8.32	6.09	6.76	6.92	5.82	5.91	6.79	6.05	6.69	6.55	6.86	8.43	7.18
CFO/CapEx	0.12	0.1	0.19	0.18	0.23	0.49	0.29	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.62	0.69	0.62	0.48	0.36	0.41	0.46	0.43	0.43	0.22	0.36	0.42	0.55	0.71	0.67

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	10.52	16.51	13.21	10.63	10.1	8.9	9.3	8.32	7.59	6.23	6.06	7.98	8.93	9.26	9.43
Days Sales Outstanding	34.71	22.11	27.63	34.34	36.13	41.01	39.26	43.87	48.1	58.63	60.26	45.75	40.86	39.4	38.71
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	136	238	293	345	324	424	565	488	565	338	498	476	610	718	710
- Cash & Cash Equivalents	6	7	6	4	3	4	5	14	16	26	16	6	5	5	5
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	15	7	5	3	4	12	11	9	8	6	6	6	6	6	6
+ Total Debt	256	381	526	788	998	1,088	1,318	618	645	644	643	626	642	632	645
Enterprise Value	396	618	817	1,131	1,323	1,519	1,889	1,101	1,202	963	1,131	1,102	1,253	1,351	1,355
Total Capital	386	554	747	1,002	1,245	1,356	1,677	977	998	983	1,042	1,051	1,061	1,076	1,109
Total Debt/Capital (%)	66.18	68.8	70.41	78.7	80.16	80.26	78.62	63.25	64.61	65.57	61.7	59.6	60.46	58.76	58.16
Total Debt / EV	0.65	0.62	0.64	0.7	0.75	0.72	0.7	0.56	0.54	0.67	0.57	0.57	0.51	0.47	0.48
EV/Sales	11.34	13.74	13.5	15.63	14.16	14.55	15	9.18	10.08	7.79	9.03	7.84	8.47	8.69	8.38
EV/EBITDA	43.71	29.49	29.82	35.4	31.67	32.72	31.54	17.28	19.6	16.25	17.86	14.16	15.67	15.96	15.3
EV/EBIT	302.84	55.84	57.14	69.7	60.11	63.38	57.84	28.96	34.76	31.13	32.9	23.88	26.73	27.2	25.79
EV/Cash Flow to Firm	28.52	- -	24.67	31.7	26.29	25.65	29.5	17.11	16.33	14.36	15.99	15.46	15.71	14.71	16.11
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	17.11	16.33	14.36	15.99	15.46	15.71	14.71	16.11
Diluted Market Cap	108	191	244	344	308	408	522	498	565	343	469	482	624	728	709
Diluted Enterprise Value	367	571	768	1,131	1,307	1,503	1,846	1,111	1,202	967	1,103	1,108	1,268	1,360	1,355
EV per Share	34.61	36.49	37.22	49.54	49.01	51.55	48.16	27.68	28.97	22.71	23.02	22.31	25.25	26.65	26.53
TTM Sales	35	45	60	72	93	104	126	120	119	124	125	141	148	156	162
TTM EBITDA	9	21	27	32	42	46	60	64	61	59	63	78	80	85	89
TTM Operating Income	7	11	14	16	22	24	33	33	34	30	34	48	48	51	54
TTM Cash Flow to Firm	14	-2	33	36	50	59	64	64	74	67	71	71	80	92	84
TTM Free Cash Flow to Firm	-60	-111	-92	-103	-110	-23	-79	64	74	67	71	71	80	92	84

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-1.65	-1.95	-2.41	-3.04	-2.48	-9.72	-5.14	12.59	11.83	8.01	9.98	10.84	13.12	12.5	13.97
EV/EBIT	302.84	55.84	57.14	69.7	60.11	63.38	57.84	28.96	34.76	31.13	32.9	23.88	26.73	27.2	25.79
Enterprise Value	396	618	817	1,131	1,323	1,519	1,889	1,101	1,202	963	1,131	1,102	1,253	1,351	1,355
Low Price	10.05	11.84	12.86	13.21	9.9	9.44	10.8	10.06	11.5	4.71	7.56	8.15	8.21	10.77	11.43
EV/Sales	11.34	13.74	13.5	15.63	14.16	14.55	15	9.18	10.08	7.79	9.03	7.84	8.47	8.69	8.38
EV/EBITDA	43.71	29.49	29.82	35.4	31.67	32.72	31.54	17.28	19.6	16.25	17.86	14.16	15.67	15.96	15.3
Price/Earnings	95.67	3,792.38	63.53	44.37	43.83	50.08	61.26	22.47	23.11	55.8	38.24	13.46	31.72	19.29	13.8
Price/Earnings Average	103.07	3,569.13	71.17	42.51	49.73	46.47	56.55	23.13	22.2	55.55	34.79	14.98	25.41	17.82	12.9
Price/Earnings High	120.11	3,832.86	84.81	46.05	59.82	56.76	64.4	26.6	24.86	97.24	39.38	19.08	32.6	20.91	14.67
Price/Earnings Low	80.79	3,195.18	61.11	38.79	36.13	32.87	45.91	18.44	19.51	32.94	28.54	11.38	21.19	14.65	11.35
Price/Book Value	1.17	1.43	1.36	1.64	1.33	1.66	1.63	1.39	1.64	1.02	1.27	1.14	1.47	1.64	1.55
Price/Book Value Average	1.26	1.35	1.52	1.57	1.51	1.54	1.5	1.43	1.57	1.01	1.15	1.27	1.18	1.52	1.45
Price/Book Value High	1.47	1.45	1.81	1.7	1.82	1.88	1.71	1.65	1.76	1.77	1.3	1.61	1.51	1.78	1.65
Price/Book Value Low	0.99	1.21	1.31	1.44	1.1	1.09	1.22	1.14	1.38	0.6	0.95	0.96	0.98	1.25	1.27
Price/Tangible Book Value	1.17	1.43	1.36	1.64	1.33	1.66	1.63	1.39	1.64	1.02	1.27	1.14	1.47	1.64	1.55
Price/Tangible Book Value Average	1.26	1.35	1.52	1.57	1.51	1.54	1.5	1.43	1.57	1.01	1.15	1.27	1.18	1.52	1.45
Price/Tangible Book Value High	1.47	1.45	1.81	1.7	1.82	1.88	1.71	1.65	1.76	1.77	1.3	1.61	1.51	1.78	1.65
Price/Tangible Book Value Low	0.99	1.21	1.31	1.44	1.1	1.09	1.22	1.14	1.38	0.6	0.95	0.96	0.98	1.25	1.27
Price/Sales	3.08	4.21	3.98	4.65	3.17	3.8	4.05	4.02	4.59	2.72	3.68	3.38	4.11	4.58	4.26
Price/Sales Average	3.32	3.97	4.46	4.46	3.59	3.53	3.74	4.14	4.41	2.71	3.35	3.76	3.29	4.23	3.98
Price/Sales High	3.86	4.26	5.32	4.83	4.32	4.31	4.26	4.76	4.94	4.75	3.79	4.79	4.23	4.96	4.53
Price/Sales Low	2.6	3.55	3.83	4.07	2.61	2.5	3.04	3.3	3.88	1.61	2.74	2.86	2.75	3.48	3.5
Price/Cash Flow	12.71	16.9	10.09	13.13	8.18	9.77	12.33	12.17	11.46	7.87	9.8	10.69	12.78	12.22	13.57
Price/Cash Flow Average	13.69	15.91	11.31	12.58	9.28	9.07	11.38	12.53	11.01	7.84	8.91	11.89	10.24	11.29	12.68
Price/Cash Flow High	15.96	17.08	13.47	13.62	11.16	11.07	12.97	14.41	12.33	13.72	10.09	15.14	13.13	13.25	14.43
Price/Cash Flow Low	10.73	14.24	9.71	11.48	6.74	6.41	9.24	9.99	9.68	4.65	7.31	9.04	8.54	9.28	11.16
Price/Free Cash Flow Average	-1.78	-1.84	-2.7	-2.92	-2.81	-9.02	-4.75	12.96	11.36	7.97	9.08	12.06	10.51	11.55	13.06
Price/Free Cash Flow High	-2.08	-1.97	-3.21	-3.16	-3.38	-11.01	-5.4	14.9	12.72	13.96	10.27	15.36	13.48	13.55	14.86
Price/Free Cash Flow Low	-1.4	-1.65	-2.32	-2.66	-2.04	-6.38	-3.85	10.33	9.99	4.73	7.45	9.16	8.76	9.49	11.5
EV/Sales Average	11.64	13.43	14.09	15.43	14.63	14.25	14.65	9.3	9.89	7.78	8.67	8.23	7.65	8.34	8.09
EV/Sales High	12.33	13.8	15.13	15.81	15.43	15.09	15.23	9.93	10.44	9.82	9.15	9.26	8.58	9.08	8.66
EV/Sales Low	10.73	12.91	13.32	15.03	13.55	13.15	13.87	8.45	9.34	6.67	8.02	7.32	7.1	7.58	7.6
EV/EBITDA Average	44.87	28.83	31.1	34.95	32.72	32.07	30.81	17.51	19.24	16.23	17.15	14.85	14.16	15.32	14.78
EV/EBITDA High	47.55	29.62	33.4	35.81	34.5	33.94	32.02	18.69	20.3	20.49	18.1	16.71	15.89	16.67	15.81
EV/EBITDA Low	41.37	27.71	29.41	34.04	30.31	29.59	29.17	15.91	18.17	13.91	15.87	13.21	13.14	13.92	13.88
EV/EBIT Average	310.9	54.58	59.61	68.8	62.09	62.11	56.51	29.33	34.11	31.08	31.6	25.05	24.14	26.1	24.91
EV/EBIT High	329.44	56.07	64.02	70.5	65.48	65.75	58.73	31.32	35.99	39.24	33.33	28.19	27.09	28.41	26.65
EV/EBIT Low	286.65	52.46	56.36	67.02	57.52	57.31	53.51	26.66	32.21	26.65	29.23	22.29	22.41	23.72	23.4
Last Price	11.9	14.05	13.37	15.11	12.01	14.38	14.41	12.26	13.62	7.97	10.13	9.64	12.29	14.17	13.89
High Price	14.94	14.2	17.85	15.68	16.39	16.3	15.15	14.52	14.65	13.89	10.43	13.66	12.63	15.36	14.78
Enterprise Value Average	406	604	852	1,117	1,367	1,489	1,846	1,115	1,180	961	1,086	1,156	1,131	1,297	1,309
Enterprise Value High	431	621	915	1,144	1,441	1,576	1,918	1,191	1,245	1,213	1,146	1,301	1,270	1,411	1,400
Enterprise Value Low	375	581	806	1,088	1,266	1,373	1,747	1,013	1,114	824	1,005	1,029	1,050	1,178	1,230

Shares Outstanding	11	17	22	23	27	29	39	40	41	42	49	49	50	51	51
Diluted Weighted Avg Shares	9	14	18	23	26	28	36	41	41	43	46	50	51	51	51
Basic Weighted Avg Shares	9	13	18	22	25	28	35	39	40	42	45	49	50	50	50
Revenue per Share	3.87	3.33	3.36	3.25	3.79	3.78	3.56	3.05	2.97	2.93	2.75	2.85	2.99	3.1	3.26
EBITDA per Share	1	1.55	1.52	1.43	1.7	1.68	1.69	1.62	1.53	1.4	1.39	1.58	1.61	1.69	1.79
Operating Income per Share	0.8	0.79	0.77	0.73	0.89	0.87	0.92	0.85	0.84	0.7	0.76	0.96	0.98	1.02	1.1
Basic EPS, GAAP	0.12	- -	0.21	0.34	0.27	0.29	0.24	0.55	0.59	0.14	0.26	0.72	0.39	0.73	1.01
Basic EPS from Cont Ops	0.15	-0.01	0.2	0.24	0.28	0.29	0.24	0.56	0.59	0.15	0.23	0.73	0.39	0.74	1.02
Diluted EPS, GAAP	0.12	- -	0.21	0.33	0.26	0.28	0.23	0.53	0.57	0.14	0.26	0.71	0.38	0.72	0.98
Diluted EPS from Cont Ops	0.15	-0.01	0.2	0.23	0.27	0.29	0.24	0.54	0.57	0.14	0.22	0.72	0.38	0.73	0.99
Dividend per Share	1.11	1.14	1.13	1.15	1.16	1.16	1.14	1.14	1.14	0.6	0.42	0.47	0.48	0.49	0.55
Cash Flow per Share	0.94	0.83	1.32	1.15	1.47	1.47	1.17	1.01	1.19	1.01	1.03	0.9	0.96	1.16	1.02
Free Cash Flow per Basic Share	-7.2	-7.26	-5.63	-5.08	-5.05	-1.52	-2.87	1.01	1.19	1.01	1.03	0.9	0.96	1.16	1.02
Cash & Equivalents per Share	0.95	0.47	0.34	0.23	0.11	0.16	0.13	0.34	0.37	0.61	0.32	0.12	0.09	0.1	0.1
Book Value per Share	10.14	9.8	9.84	9.2	9	8.68	8.86	8.81	8.32	7.83	7.99	8.47	8.34	8.64	8.97
Tangible Book Value per Share	10.14	9.8	9.84	9.2	9	8.68	8.86	8.81	8.32	7.83	7.99	8.47	8.34	8.64	8.97

Whitestone REIT

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)