WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WLKP - US9604171036
18.88 USD
-0.17 (-0.89%)
We assign a fundamental rating of 6 out of 10 to WLKP. WLKP was compared to 84 industry peers in the Chemicals industry. While WLKP belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. WLKP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
WLKP had positive earnings in the past year.
In the past year WLKP had a positive cash flow from operations.
In the past 5 years WLKP has always been profitable.
In the past 5 years WLKP always reported a positive cash flow from operatings.
1.2 Ratios
WLKP has a Return On Assets of 3.87%. This is in the better half of the industry: WLKP outperforms 73.81% of its industry peers.
WLKP has a better Return On Equity (18.86%) than 89.29% of its industry peers.
WLKP has a better Return On Invested Capital (20.90%) than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WLKP is significantly above the industry average of 6.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.87% | ||
| ROE | 18.86% | ||
| ROIC | 20.9% |
ROA(3y)4.55%
ROA(5y)4.82%
ROE(3y)21.33%
ROE(5y)23.18%
ROIC(3y)22.83%
ROIC(5y)22.66%
1.3 Margins
The Profit Margin of WLKP (4.34%) is better than 70.24% of its industry peers.
WLKP's Profit Margin has been stable in the last couple of years.
WLKP's Operating Margin of 28.39% is amongst the best of the industry. WLKP outperforms 95.24% of its industry peers.
In the last couple of years the Operating Margin of WLKP has remained more or less at the same level.
WLKP has a Gross Margin of 30.84%. This is comparable to the rest of the industry: WLKP outperforms 57.14% of its industry peers.
In the last couple of years the Gross Margin of WLKP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.39% | ||
| PM (TTM) | 4.34% | ||
| GM | 30.84% |
OM growth 3Y0.56%
OM growth 5Y1.4%
PM growth 3Y-6.83%
PM growth 5Y-0.34%
GM growth 3Y0.48%
GM growth 5Y1.2%
2. Health
2.1 Basic Checks
WLKP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
WLKP has about the same amout of shares outstanding than it did 1 year ago.
WLKP has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, WLKP has a worse debt to assets ratio.
2.2 Solvency
WLKP has a debt to FCF ratio of 1.91. This is a very positive value and a sign of high solvency as it would only need 1.91 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.91, WLKP belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
A Debt/Equity ratio of 1.53 is on the high side and indicates that WLKP has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.53, WLKP is doing worse than 76.19% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for WLKP, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | N/A |
ROIC/WACC1.77
WACC11.81%
2.3 Liquidity
WLKP has a Current Ratio of 2.37. This indicates that WLKP is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.37, WLKP is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
WLKP has a Quick Ratio of 2.32. This indicates that WLKP is financially healthy and has no problem in meeting its short term obligations.
WLKP's Quick ratio of 2.32 is amongst the best of the industry. WLKP outperforms 88.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
The earnings per share for WLKP have decreased strongly by -20.00% in the last year.
WLKP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.11% yearly.
Looking at the last year, WLKP shows a decrease in Revenue. The Revenue has decreased by -0.82% in the last year.
Measured over the past years, WLKP shows a small growth in Revenue. The Revenue has been growing by 0.79% on average per year.
EPS 1Y (TTM)-20%
EPS 3Y-8.89%
EPS 5Y0.11%
EPS Q2Q%-17.65%
Revenue 1Y (TTM)-0.82%
Revenue growth 3Y-2.22%
Revenue growth 5Y0.79%
Sales Q2Q%11.52%
3.2 Future
WLKP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.07% yearly.
Based on estimates for the next years, WLKP will show a small growth in Revenue. The Revenue will grow by 7.58% on average per year.
EPS Next Y-24.22%
EPS Next 2Y6.14%
EPS Next 3Y3.07%
EPS Next 5YN/A
Revenue Next Year7.57%
Revenue Next 2Y10.11%
Revenue Next 3Y7.58%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
WLKP is valuated correctly with a Price/Earnings ratio of 13.49.
Based on the Price/Earnings ratio, WLKP is valued a bit cheaper than 72.62% of the companies in the same industry.
WLKP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
The Price/Forward Earnings ratio is 9.47, which indicates a very decent valuation of WLKP.
WLKP's Price/Forward Earnings ratio is rather cheap when compared to the industry. WLKP is cheaper than 86.90% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.03. WLKP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WLKP is valued cheaply inside the industry as 96.43% of the companies are valued more expensively.
97.62% of the companies in the same industry are more expensive than WLKP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.18 | ||
| EV/EBITDA | 2.32 |
4.3 Compensation for Growth
WLKP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)118.94
EPS Next 2Y6.14%
EPS Next 3Y3.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.00%, WLKP is a good candidate for dividend investing.
WLKP's Dividend Yield is rather good when compared to the industry average which is at 2.46. WLKP pays more dividend than 92.86% of the companies in the same industry.
WLKP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10% |
5.2 History
The dividend of WLKP has a limited annual growth rate of 0.46%.
WLKP has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of WLKP decreased in the last 3 years.
Dividend Growth(5Y)0.46%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
135.18% of the earnings are spent on dividend by WLKP. This is not a sustainable payout ratio.
The dividend of WLKP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP135.18%
EPS Next 2Y6.14%
EPS Next 3Y3.07%
NYSE:WLKP (12/24/2025, 8:06:47 PM)
18.88
-0.17 (-0.89%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners28.71%
Inst Owner Change-1.95%
Ins Owners1.31%
Ins Owner Change0.05%
Market Cap665.52M
Revenue(TTM)1.13B
Net Income(TTM)49.16M
Analysts80
Price Target26.01 (37.76%)
Short Float %0.43%
Short Ratio1.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10% |
Yearly Dividend1.89
Dividend Growth(5Y)0.46%
DP135.18%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.04%
Min EPS beat(2)-11.66%
Max EPS beat(2)-6.42%
EPS beat(4)1
Avg EPS beat(4)-16.56%
Min EPS beat(4)-62.4%
Max EPS beat(4)14.25%
EPS beat(8)2
Avg EPS beat(8)-8.25%
EPS beat(12)2
Avg EPS beat(12)-9.21%
EPS beat(16)3
Avg EPS beat(16)-3.4%
Revenue beat(2)0
Avg Revenue beat(2)-1.64%
Min Revenue beat(2)-3.22%
Max Revenue beat(2)-0.05%
Revenue beat(4)1
Avg Revenue beat(4)-4.01%
Min Revenue beat(4)-21.29%
Max Revenue beat(4)8.54%
Revenue beat(8)3
Avg Revenue beat(8)-1.29%
Revenue beat(12)3
Avg Revenue beat(12)-6.64%
Revenue beat(16)7
Avg Revenue beat(16)-1.09%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.61%
EPS NY rev (1m)-3.66%
EPS NY rev (3m)-14.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 9.47 | ||
| P/S | 0.59 | ||
| P/FCF | 3.18 | ||
| P/OCF | 2.27 | ||
| P/B | 2.55 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 2.32 |
EPS(TTM)1.4
EY7.42%
EPS(NY)1.99
Fwd EY10.56%
FCF(TTM)5.93
FCFY31.42%
OCF(TTM)8.3
OCFY43.96%
SpS32.16
BVpS7.39
TBVpS7.23
PEG (NY)N/A
PEG (5Y)118.94
Graham Number15.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.87% | ||
| ROE | 18.86% | ||
| ROCE | 26.46% | ||
| ROIC | 20.9% | ||
| ROICexc | 21.57% | ||
| ROICexgc | 21.68% | ||
| OM | 28.39% | ||
| PM (TTM) | 4.34% | ||
| GM | 30.84% | ||
| FCFM | 18.44% |
ROA(3y)4.55%
ROA(5y)4.82%
ROE(3y)21.33%
ROE(5y)23.18%
ROIC(3y)22.83%
ROIC(5y)22.66%
ROICexc(3y)23.98%
ROICexc(5y)23.46%
ROICexgc(3y)24.09%
ROICexgc(5y)23.57%
ROCE(3y)28.9%
ROCE(5y)28.68%
ROICexgc growth 3Y3.2%
ROICexgc growth 5Y4.87%
ROICexc growth 3Y3.18%
ROICexc growth 5Y4.85%
OM growth 3Y0.56%
OM growth 5Y1.4%
PM growth 3Y-6.83%
PM growth 5Y-0.34%
GM growth 3Y0.48%
GM growth 5Y1.2%
F-Score4
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 0.9 | ||
| Cap/Depr | 69.03% | ||
| Cap/Sales | 7.36% | ||
| Interest Coverage | 13.43 | ||
| Cash Conversion | 66.08% | ||
| Profit Quality | 425.38% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.32 | ||
| Altman-Z | N/A |
F-Score4
WACC11.81%
ROIC/WACC1.77
Cap/Depr(3y)43.64%
Cap/Depr(5y)48.28%
Cap/Sales(3y)3.88%
Cap/Sales(5y)4.43%
Profit Quality(3y)694.43%
Profit Quality(5y)597.61%
High Growth Momentum
Growth
EPS 1Y (TTM)-20%
EPS 3Y-8.89%
EPS 5Y0.11%
EPS Q2Q%-17.65%
EPS Next Y-24.22%
EPS Next 2Y6.14%
EPS Next 3Y3.07%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.82%
Revenue growth 3Y-2.22%
Revenue growth 5Y0.79%
Sales Q2Q%11.52%
Revenue Next Year7.57%
Revenue Next 2Y10.11%
Revenue Next 3Y7.58%
Revenue Next 5YN/A
EBIT growth 1Y-17.74%
EBIT growth 3Y-1.67%
EBIT growth 5Y2.2%
EBIT Next Year124.39%
EBIT Next 3Y33.56%
EBIT Next 5YN/A
FCF growth 1Y-50.71%
FCF growth 3Y10.04%
FCF growth 5Y1.38%
OCF growth 1Y-37.33%
OCF growth 3Y5.9%
OCF growth 5Y1.47%
WESTLAKE CHEMICAL PARTNERS L / WLKP FAQ
What is the fundamental rating for WLKP stock?
ChartMill assigns a fundamental rating of 6 / 10 to WLKP.
What is the valuation status for WLKP stock?
ChartMill assigns a valuation rating of 6 / 10 to WESTLAKE CHEMICAL PARTNERS L (WLKP). This can be considered as Fairly Valued.
How profitable is WESTLAKE CHEMICAL PARTNERS L (WLKP) stock?
WESTLAKE CHEMICAL PARTNERS L (WLKP) has a profitability rating of 7 / 10.
What is the earnings growth outlook for WESTLAKE CHEMICAL PARTNERS L?
The Earnings per Share (EPS) of WESTLAKE CHEMICAL PARTNERS L (WLKP) is expected to decline by -24.22% in the next year.
How sustainable is the dividend of WESTLAKE CHEMICAL PARTNERS L (WLKP) stock?
The dividend rating of WESTLAKE CHEMICAL PARTNERS L (WLKP) is 6 / 10 and the dividend payout ratio is 135.18%.