WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Fundamental Analysis
USA - NYSE:WLKP - US9604171036
21.7 USD
+0.1 (+0.46%)
Overall WLKP gets a fundamental rating of 6 out of 10. We evaluated WLKP against 83 industry peers in the Chemicals industry. WLKP scores excellent on profitability, but there are some minor concerns on its financial health. WLKP may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make WLKP suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year WLKP was profitable.
WLKP had a positive operating cash flow in the past year.
WLKP had positive earnings in each of the past 5 years.
In the past 5 years WLKP always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.03%, WLKP is doing good in the industry, outperforming 75.90% of the companies in the same industry.
WLKP has a Return On Equity of 20.06%. This is amongst the best in the industry. WLKP outperforms 90.36% of its industry peers.
The Return On Invested Capital of WLKP (21.73%) is better 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 6.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.03% | ||
| ROE | 20.06% | ||
| ROIC | 21.73% |
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 (4.78%) is better than 67.47% of its industry peers.
WLKP's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 30.82%, WLKP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of WLKP has remained more or less at the same level.
With a decent Gross Margin value of 33.32%, WLKP is doing good in the industry, outperforming 65.06% of the companies in the same industry.
WLKP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.82% | ||
| PM (TTM) | 4.78% | ||
| GM | 33.32% |
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.
The number of shares outstanding for WLKP remains at a similar level compared to 5 years ago.
The debt/assets ratio for WLKP is higher compared to a year ago.
2.2 Solvency
WLKP has a debt to FCF ratio of 1.64. This is a very positive value and a sign of high solvency as it would only need 1.64 years to pay back of all of its debts.
The Debt to FCF ratio of WLKP (1.64) is better than 91.57% of its industry peers.
A Debt/Equity ratio of 1.52 is on the high side and indicates that WLKP has dependencies on debt financing.
WLKP has a worse Debt to Equity ratio (1.52) than 77.11% of its industry peers.
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 | 1.52 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | N/A |
ROIC/WACC2.42
WACC8.99%
2.3 Liquidity
WLKP has a Current Ratio of 2.15. This indicates that WLKP is financially healthy and has no problem in meeting its short term obligations.
WLKP has a Current ratio (2.15) which is in line with its industry peers.
WLKP has a Quick Ratio of 2.10. This indicates that WLKP is financially healthy and has no problem in meeting its short term obligations.
WLKP's Quick ratio of 2.10 is amongst the best of the industry. WLKP outperforms 80.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
The earnings per share for WLKP have decreased by -7.45% 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.
WLKP shows a decrease in Revenue. In the last year, the revenue decreased by -7.24%.
WLKP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.79% yearly.
EPS 1Y (TTM)-7.45%
EPS 3Y-8.89%
EPS 5Y0.11%
EPS Q2Q%0%
Revenue 1Y (TTM)-7.24%
Revenue growth 3Y-2.22%
Revenue growth 5Y0.79%
Sales Q2Q%4.56%
3.2 Future
WLKP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.79% yearly.
Based on estimates for the next years, WLKP will show a small growth in Revenue. The Revenue will grow by 7.77% on average per year.
EPS Next Y-11.83%
EPS Next 2Y7.22%
EPS Next 3Y3.79%
EPS Next 5YN/A
Revenue Next Year6.93%
Revenue Next 2Y10.4%
Revenue Next 3Y7.77%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.56, WLKP is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of WLKP indicates a somewhat cheap valuation: WLKP is cheaper than 73.49% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, WLKP is valued a bit cheaper.
The Price/Forward Earnings ratio is 10.66, which indicates a very decent valuation of WLKP.
Based on the Price/Forward Earnings ratio, WLKP is valued cheaper than 80.72% of the companies in the same industry.
WLKP is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.71, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 10.66 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WLKP is valued cheaply inside the industry as 97.59% of the companies are valued more expensively.
WLKP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WLKP is cheaper than 98.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.13 | ||
| EV/EBITDA | 2.47 |
4.3 Compensation for Growth
WLKP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)128.45
EPS Next 2Y7.22%
EPS Next 3Y3.79%
5. Dividend
5.1 Amount
WLKP has a Yearly Dividend Yield of 8.63%, which is a nice return.
Compared to an average industry Dividend Yield of 3.43, WLKP pays a better dividend. On top of this WLKP pays more dividend than 91.57% of the companies listed in the same industry.
WLKP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
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
126.23% 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.
DP126.23%
EPS Next 2Y7.22%
EPS Next 3Y3.79%
NYSE:WLKP (9/17/2025, 11:05:25 AM)
21.7
+0.1 (+0.46%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners33.6%
Inst Owner Change1.21%
Ins Owners1.27%
Ins Owner Change-0.04%
Market Cap764.71M
Analysts80
Price Target26.01 (19.86%)
Short Float %0.43%
Short Ratio2.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
Yearly Dividend1.89
Dividend Growth(5Y)0.46%
DP126.23%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-37.03%
Min EPS beat(2)-62.4%
Max EPS beat(2)-11.66%
EPS beat(4)2
Avg EPS beat(4)-8.65%
Min EPS beat(4)-62.4%
Max EPS beat(4)25.21%
EPS beat(8)2
Avg EPS beat(8)-9.65%
EPS beat(12)2
Avg EPS beat(12)-9.94%
EPS beat(16)3
Avg EPS beat(16)-4.91%
Revenue beat(2)0
Avg Revenue beat(2)-12.26%
Min Revenue beat(2)-21.29%
Max Revenue beat(2)-3.22%
Revenue beat(4)2
Avg Revenue beat(4)-1.17%
Min Revenue beat(4)-21.29%
Max Revenue beat(4)11.3%
Revenue beat(8)3
Avg Revenue beat(8)-2.74%
Revenue beat(12)4
Avg Revenue beat(12)-6.47%
Revenue beat(16)8
Avg Revenue beat(16)-0.73%
PT rev (1m)0%
PT rev (3m)-0.65%
EPS NQ rev (1m)-4.44%
EPS NQ rev (3m)3.2%
EPS NY rev (1m)-2.55%
EPS NY rev (3m)-3.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-5.17%
Revenue NY rev (3m)-5.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 10.66 | ||
| P/S | 0.69 | ||
| P/FCF | 3.13 | ||
| P/OCF | 2.44 | ||
| P/B | 2.91 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 2.47 |
EPS(TTM)1.49
EY6.87%
EPS(NY)2.03
Fwd EY9.38%
FCF(TTM)6.92
FCFY31.91%
OCF(TTM)8.89
OCFY40.98%
SpS31.27
BVpS7.45
TBVpS7.28
PEG (NY)N/A
PEG (5Y)128.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.03% | ||
| ROE | 20.06% | ||
| ROCE | 27.51% | ||
| ROIC | 21.73% | ||
| ROICexc | 22.4% | ||
| ROICexgc | 22.51% | ||
| OM | 30.82% | ||
| PM (TTM) | 4.78% | ||
| GM | 33.32% | ||
| FCFM | 22.15% |
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%
ROICexcg growth 3Y3.2%
ROICexcg 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 Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 1.64 | ||
| Debt/EBITDA | 0.88 | ||
| Cap/Depr | 60.24% | ||
| Cap/Sales | 6.29% | ||
| Interest Coverage | 13.75 | ||
| Cash Conversion | 68.92% | ||
| Profit Quality | 463.61% | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | N/A |
F-Score4
WACC8.99%
ROIC/WACC2.42
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)-7.45%
EPS 3Y-8.89%
EPS 5Y0.11%
EPS Q2Q%0%
EPS Next Y-11.83%
EPS Next 2Y7.22%
EPS Next 3Y3.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.24%
Revenue growth 3Y-2.22%
Revenue growth 5Y0.79%
Sales Q2Q%4.56%
Revenue Next Year6.93%
Revenue Next 2Y10.4%
Revenue Next 3Y7.77%
Revenue Next 5YN/A
EBIT growth 1Y-7.67%
EBIT growth 3Y-1.67%
EBIT growth 5Y2.2%
EBIT Next Year119.07%
EBIT Next 3Y33.22%
EBIT Next 5YN/A
FCF growth 1Y-44.84%
FCF growth 3Y10.04%
FCF growth 5Y1.38%
OCF growth 1Y-34.9%
OCF growth 3Y5.9%
OCF growth 5Y1.47%