Intrinsic value of Weingarten Realty Investors - WRI

Previous Close

$29.63

  Intrinsic Value

premium content

  Rating & Target

premium content

  Value-price divergence*

premium content

Previous close

$29.63

 
Intrinsic value premium content
 
Up/down potential premium content
 
Rating premium content
 
Value-price divergence* premium content

Premium access subscription - $499/yr

please register and log in before paying
Our model is not good at valuating stocks of financial companies, such as WRI.

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of WRI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 3.7

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  7.21
  10.00
  9.50
  9.05
  8.64
  8.28
  7.95
  7.66
  7.39
  7.15
  6.94
  6.74
  6.57
  6.41
  6.27
  6.14
  6.03
  5.93
  5.83
  5.75
  5.68
  5.61
  5.55
  5.49
  5.44
  5.40
  5.36
  5.32
  5.29
  5.26
  5.24
Revenue, $m
  550
  605
  662
  722
  785
  850
  917
  988
  1,061
  1,137
  1,215
  1,297
  1,383
  1,471
  1,564
  1,660
  1,760
  1,864
  1,973
  2,086
  2,205
  2,328
  2,457
  2,592
  2,733
  2,881
  3,035
  3,197
  3,366
  3,543
  3,729
Variable operating expenses, $m
 
  343
  376
  410
  445
  482
  520
  560
  601
  644
  689
  736
  784
  834
  887
  941
  998
  1,057
  1,119
  1,183
  1,250
  1,320
  1,393
  1,470
  1,550
  1,633
  1,721
  1,813
  1,909
  2,009
  2,114
Fixed operating expenses, $m
 
  45
  46
  47
  49
  50
  51
  52
  54
  55
  56
  58
  59
  61
  62
  64
  65
  67
  69
  70
  72
  74
  76
  78
  80
  82
  84
  86
  88
  90
  92
Total operating expenses, $m
  353
  388
  422
  457
  494
  532
  571
  612
  655
  699
  745
  794
  843
  895
  949
  1,005
  1,063
  1,124
  1,188
  1,253
  1,322
  1,394
  1,469
  1,548
  1,630
  1,715
  1,805
  1,899
  1,997
  2,099
  2,206
Operating income, $m
  196
  217
  241
  265
  291
  318
  346
  375
  406
  437
  470
  504
  539
  576
  615
  655
  697
  740
  786
  833
  882
  934
  988
  1,045
  1,104
  1,166
  1,231
  1,299
  1,370
  1,444
  1,522
EBITDA, $m
  359
  377
  416
  457
  500
  544
  590
  638
  687
  739
  793
  848
  906
  967
  1,030
  1,095
  1,164
  1,235
  1,309
  1,387
  1,468
  1,552
  1,640
  1,733
  1,829
  1,930
  2,036
  2,147
  2,263
  2,385
  2,512
Interest expense (income), $m
  80
  85
  95
  106
  117
  129
  141
  154
  167
  181
  195
  210
  226
  242
  259
  276
  294
  313
  333
  353
  375
  397
  421
  445
  470
  497
  525
  554
  585
  617
  650
Earnings before tax, $m
  183
  132
  146
  160
  174
  189
  205
  221
  238
  256
  274
  294
  314
  334
  356
  379
  402
  427
  453
  480
  508
  537
  568
  600
  633
  669
  706
  744
  785
  827
  872
Tax expense, $m
  7
  36
  39
  43
  47
  51
  55
  60
  64
  69
  74
  79
  85
  90
  96
  102
  109
  115
  122
  129
  137
  145
  153
  162
  171
  181
  191
  201
  212
  223
  235
Net income, $m
  138
  96
  106
  116
  127
  138
  150
  162
  174
  187
  200
  214
  229
  244
  260
  276
  294
  312
  330
  350
  371
  392
  414
  438
  462
  488
  515
  543
  573
  604
  637

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  16
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,427
  4,840
  5,300
  5,779
  6,279
  6,799
  7,340
  7,902
  8,486
  9,093
  9,723
  10,379
  11,061
  11,770
  12,508
  13,277
  14,077
  14,912
  15,782
  16,689
  17,636
  18,625
  19,658
  20,738
  21,867
  23,047
  24,283
  25,575
  26,928
  28,345
  29,829
Adjusted assets (=assets-cash), $m
  4,411
  4,840
  5,300
  5,779
  6,279
  6,799
  7,340
  7,902
  8,486
  9,093
  9,723
  10,379
  11,061
  11,770
  12,508
  13,277
  14,077
  14,912
  15,782
  16,689
  17,636
  18,625
  19,658
  20,738
  21,867
  23,047
  24,283
  25,575
  26,928
  28,345
  29,829
Revenue / Adjusted assets
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
  0.125
Average production assets, $m
  3,417
  3,741
  4,097
  4,468
  4,854
  5,256
  5,674
  6,108
  6,559
  7,029
  7,516
  8,023
  8,550
  9,098
  9,669
  10,263
  10,882
  11,527
  12,199
  12,901
  13,633
  14,397
  15,196
  16,031
  16,903
  17,816
  18,770
  19,770
  20,816
  21,911
  23,058
Working capital, $m
  0
  -18
  -19
  -21
  -23
  -25
  -27
  -29
  -31
  -33
  -35
  -38
  -40
  -43
  -45
  -48
  -51
  -54
  -57
  -60
  -64
  -68
  -71
  -75
  -79
  -84
  -88
  -93
  -98
  -103
  -108
Total debt, $m
  2,357
  2,640
  2,942
  3,256
  3,584
  3,925
  4,280
  4,649
  5,032
  5,430
  5,844
  6,274
  6,721
  7,186
  7,670
  8,175
  8,700
  9,247
  9,818
  10,413
  11,034
  11,683
  12,361
  13,069
  13,810
  14,584
  15,394
  16,242
  17,130
  18,059
  19,033
Total liabilities, $m
  2,892
  3,175
  3,477
  3,791
  4,119
  4,460
  4,815
  5,184
  5,567
  5,965
  6,379
  6,809
  7,256
  7,721
  8,205
  8,710
  9,235
  9,782
  10,353
  10,948
  11,569
  12,218
  12,896
  13,604
  14,345
  15,119
  15,929
  16,777
  17,665
  18,594
  19,568
Total equity, $m
  1,535
  1,665
  1,823
  1,988
  2,160
  2,339
  2,525
  2,718
  2,919
  3,128
  3,345
  3,570
  3,805
  4,049
  4,303
  4,567
  4,843
  5,130
  5,429
  5,741
  6,067
  6,407
  6,762
  7,134
  7,522
  7,928
  8,353
  8,798
  9,263
  9,751
  10,261
Total liabilities and equity, $m
  4,427
  4,840
  5,300
  5,779
  6,279
  6,799
  7,340
  7,902
  8,486
  9,093
  9,724
  10,379
  11,061
  11,770
  12,508
  13,277
  14,078
  14,912
  15,782
  16,689
  17,636
  18,625
  19,658
  20,738
  21,867
  23,047
  24,282
  25,575
  26,928
  28,345
  29,829
Debt-to-equity ratio
  1.536
  1.590
  1.610
  1.640
  1.660
  1.680
  1.700
  1.710
  1.720
  1.740
  1.750
  1.760
  1.770
  1.770
  1.780
  1.790
  1.800
  1.800
  1.810
  1.810
  1.820
  1.820
  1.830
  1.830
  1.840
  1.840
  1.840
  1.850
  1.850
  1.850
  1.850
Adjusted equity ratio
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344
  0.344

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  138
  96
  106
  116
  127
  138
  150
  162
  174
  187
  200
  214
  229
  244
  260
  276
  294
  312
  330
  350
  371
  392
  414
  438
  462
  488
  515
  543
  573
  604
  637
Depreciation, amort., depletion, $m
  163
  161
  176
  192
  208
  226
  244
  262
  282
  302
  323
  344
  367
  390
  415
  440
  467
  495
  524
  554
  585
  618
  652
  688
  725
  765
  806
  848
  893
  940
  990
Funds from operations, $m
  220
  257
  282
  308
  335
  364
  393
  424
  456
  489
  523
  559
  596
  635
  675
  717
  761
  806
  854
  904
  956
  1,010
  1,067
  1,126
  1,188
  1,253
  1,321
  1,392
  1,466
  1,544
  1,626
Change in working capital, $m
  -27
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -5
Cash from operations, $m
  247
  462
  284
  310
  337
  366
  395
  426
  458
  491
  525
  561
  598
  637
  678
  720
  764
  809
  857
  907
  959
  1,013
  1,070
  1,130
  1,192
  1,257
  1,325
  1,397
  1,471
  1,550
  1,632
Maintenance CAPEX, $m
  0
  -146
  -161
  -176
  -192
  -208
  -226
  -244
  -262
  -282
  -302
  -323
  -344
  -367
  -390
  -415
  -440
  -467
  -495
  -524
  -554
  -585
  -618
  -652
  -688
  -725
  -765
  -806
  -848
  -893
  -940
New CAPEX, $m
  -602
  -340
  -355
  -371
  -386
  -402
  -418
  -434
  -451
  -469
  -488
  -507
  -527
  -548
  -571
  -594
  -619
  -645
  -672
  -702
  -732
  -765
  -799
  -835
  -873
  -913
  -955
  -999
  -1,046
  -1,095
  -1,147
Cash from investing activities, $m
  -389
  -486
  -516
  -547
  -578
  -610
  -644
  -678
  -713
  -751
  -790
  -830
  -871
  -915
  -961
  -1,009
  -1,059
  -1,112
  -1,167
  -1,226
  -1,286
  -1,350
  -1,417
  -1,487
  -1,561
  -1,638
  -1,720
  -1,805
  -1,894
  -1,988
  -2,087
Free cash flow, $m
  -142
  -25
  -232
  -237
  -241
  -245
  -248
  -252
  -256
  -260
  -264
  -268
  -273
  -278
  -283
  -289
  -296
  -303
  -310
  -318
  -327
  -336
  -346
  -357
  -369
  -381
  -394
  -408
  -423
  -439
  -456
Issuance/(repayment) of debt, $m
  201
  283
  302
  315
  328
  341
  355
  369
  383
  398
  414
  430
  447
  465
  484
  504
  525
  547
  571
  595
  621
  649
  678
  708
  740
  774
  810
  848
  888
  929
  974
Issuance/(repurchase) of shares, $m
  137
  0
  89
  87
  85
  82
  80
  77
  74
  71
  67
  64
  60
  57
  53
  50
  46
  42
  39
  35
  31
  28
  24
  20
  16
  13
  9
  5
  1
  0
  0
Cash from financing (excl. dividends), $m  
  321
  283
  391
  402
  413
  423
  435
  446
  457
  469
  481
  494
  507
  522
  537
  554
  571
  589
  610
  630
  652
  677
  702
  728
  756
  787
  819
  853
  889
  929
  974
Total cash flow (excl. dividends), $m
  179
  258
  69
  78
  87
  96
  106
  116
  127
  138
  150
  162
  174
  187
  201
  215
  230
  245
  261
  277
  295
  313
  332
  351
  372
  393
  416
  440
  464
  490
  518
Retained Cash Flow (-), $m
  -146
  -146
  -158
  -165
  -172
  -179
  -186
  -193
  -201
  -209
  -217
  -226
  -235
  -244
  -254
  -264
  -275
  -287
  -299
  -312
  -326
  -340
  -355
  -371
  -388
  -406
  -425
  -445
  -465
  -487
  -511
Prev. year cash balance distribution, $m
 
  16
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  128
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  3
  7
Discount rate, %
 
  9.80
  10.29
  10.80
  11.34
  11.91
  12.51
  13.13
  13.79
  14.48
  15.20
  15.96
  16.76
  17.60
  18.48
  19.40
  20.37
  21.39
  22.46
  23.58
  24.76
  26.00
  27.30
  28.67
  30.10
  31.61
  33.19
  34.85
  36.59
  38.42
  40.34
PV of cash for distribution, $m
 
  117
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100
  100.0
  97.8
  96.0
  94.3
  92.8
  91.5
  90.4
  89.4
  88.5
  87.7
  87.0
  86.4
  85.9
  85.4
  85.0
  84.7
  84.4
  84.1
  83.9
  83.7
  83.6
  83.4
  83.3
  83.2
  83.2
  83.1
  83.1
  83.1
  83.1
  83.1

Weingarten Realty Investors is a publically owned equity real estate investment trust. The firm invests in the real estate markets of United States. The firm engages in ownership, management, acquisition, development and redevelopment. It makes its investments in neighborhood and community shopping centers. Weingarten Realty Investors was formed in 1948, and is based in Houston, Texas.

FINANCIAL RATIOS  of  Weingarten Realty Investors (WRI)

Valuation Ratios
P/E Ratio 27.5
Price to Sales 6.9
Price to Book 2.5
Price to Tangible Book
Price to Cash Flow 15.4
Price to Free Cash Flow -10.7
Growth Rates
Sales Growth Rate 7.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 97.4%
Cap. Spend. - 3 Yr. Gr. Rate 26.9%
Financial Strength
Quick Ratio NaN
Current Ratio NaN
LT Debt to Equity 153.6%
Total Debt to Equity 153.6%
Interest Coverage 3
Management Effectiveness
Return On Assets 5.2%
Ret/ On Assets - 3 Yr. Avg. 5.3%
Return On Total Capital 3.7%
Ret/ On T. Cap. - 3 Yr. Avg. 3.7%
Return On Equity 9.4%
Return On Equity - 3 Yr. Avg. 9.1%
Asset Turnover 0.1
Profitability Ratios
Gross Margin 69.8%
Gross Margin - 3 Yr. Avg. 69.8%
EBITDA Margin 77.5%
EBITDA Margin - 3 Yr. Avg. 71.6%
Operating Margin 35.8%
Oper. Margin - 3 Yr. Avg. 35.4%
Pre-Tax Margin 33.3%
Pre-Tax Margin - 3 Yr. Avg. 26.5%
Net Profit Margin 25.1%
Net Profit Margin - 3 Yr. Avg. 25%
Effective Tax Rate 3.8%
Eff/ Tax Rate - 3 Yr. Avg. 1%
Payout Ratio 134.1%

WRI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the WRI stock intrinsic value calculation we used $550 million for the last fiscal year's total revenue generated by Weingarten Realty Investors. The default revenue input number comes from 2016 income statement of Weingarten Realty Investors. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our WRI stock valuation model: a) initial revenue growth rate of 10% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 9.8%, whose default value for WRI is calculated based on our internal credit rating of Weingarten Realty Investors, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Weingarten Realty Investors.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of WRI stock the variable cost ratio is equal to 56.7%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $44 million in the base year in the intrinsic value calculation for WRI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.6% for Weingarten Realty Investors.

Corporate tax rate of 27% is the nominal tax rate for Weingarten Realty Investors. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the WRI stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for WRI are equal to 618.4%.

Life of production assets of 23.3 years is the average useful life of capital assets used in Weingarten Realty Investors operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for WRI is equal to -2.9%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1535 million for Weingarten Realty Investors - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 125.321 million for Weingarten Realty Investors is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Weingarten Realty Investors at the current share price and the inputted number of shares is $3.7 billion.


Premium access subscription - $499/yr

please register and log in before paying
RELATED COMPANIES Price Int.Val. Rating
REG Regency Center 60.28 prem.  prem.
NNN National Retai 37.66 prem.  prem.
BRX Brixmor Proper 17.81 prem.  prem.
SKT Tanger Factory 25.70 prem.  prem.
RPAI Retail Propert 11.92 prem.  prem.
WFM Whole Foods Ma 43.20 prem.  prem.
BBY Best Buy 55.22 prem.  prem.
BBBY Bed Bath&Beyon 33.74 prem.  prem.
ROST Ross Stores 55.97 prem.  prem.

COMPANY NEWS

▶ Weingarten Realty reports 1Q results   [Apr-24-17 04:52PM  Associated Press]
▶ 2 Retail REIT Picks Selling At A Discount   [Mar-21-17 10:32AM  Barrons.com]
▶ 2 Retail REIT Picks Selling At A Discount   [10:32AM  at Barrons.com]
▶ Weingarten Realty Announces Promotions   [Mar-10-17 09:00AM  Business Wire]
▶ Residential tower to rise in River Oaks Shopping Center   [12:55PM  American City Business Journals]
▶ Weingarten Realty reports 4Q results   [Feb-21-17 05:30PM  Associated Press]
▶ REIT Pivots That Paid Off   [Jan-16-17 07:00AM  at Forbes]
▶ How Weingarten Realty Investors (WRI) Stacks Up Against Its Peers   [Dec-18-16 01:49PM  at Insider Monkey]
▶ Amazon Go: The Power Of Clicks And Bricks   [Dec-12-16 07:00AM  at Forbes]
▶ Should You Avoid Dicks Sporting Goods Inc (DKS)?   [Nov-28-16 10:14AM  at Insider Monkey]
▶ Weingarten Realty sells Wake Forest retail center for $36.6M   [Oct-03-16 01:45PM  at bizjournals.com]
▶ Public company acquires South Florida mall for $285M   [Aug-01-16 05:22PM  at bizjournals.com]
▶ Poplar/240 shopping center signs two new tenants   [Jul-20-16 05:47PM  at bizjournals.com]
▶ Torchy's Tacos selects site for west Houston location   [Jun-24-16 12:07PM  at bizjournals.com]
▶ Weingarten Realty reports 1Q results   [Apr-21-16 04:54PM  AP]
▶ Midtown apartment complex sells for $58.1 million   [Apr-04-16 01:43PM  at bizjournals.com]
Stock chart of WRI Financial statements of WRI Annual reports of WRI
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.