WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WLKP - US9604171036
21.02 USD
+0.19 (+0.91%)
WLKP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 82 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 is not valued too expensively and it also shows a decent growth rate.
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 3.87%, WLKP is doing good in the industry, outperforming 73.17% of the companies in the same industry.
- WLKP has a Return On Equity of 18.86%. This is amongst the best in the industry. WLKP outperforms 89.02% of its industry peers.
- WLKP's Return On Invested Capital of 20.90% is amongst the best of the industry. WLKP outperforms 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 6.11%.
| 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 68.29% of its industry peers.
- In the last couple of years the Profit Margin of WLKP has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 28.39%, WLKP belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
- WLKP's Operating Margin has been stable in the last couple of years.
- With a Gross Margin value of 30.84%, WLKP perfoms like the industry average, outperforming 54.88% 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 | 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), WLKP is creating value.
- The number of shares outstanding for WLKP remains at a similar level compared to 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 1.91. 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 90.24% of the companies in the same industry.
- WLKP has a Debt/Equity ratio of 1.53. This is a high value indicating a heavy dependency on external financing.
- WLKP has a worse Debt to Equity ratio (1.53) than 76.83% of its industry peers.
- Although WLKP does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | N/A |
ROIC/WACC1.73
WACC12.11%
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.
- WLKP has a Current ratio of 2.37. This is in the better half of the industry: WLKP outperforms 67.07% of its industry peers.
- A Quick Ratio of 2.32 indicates that WLKP has no problem at all paying its short term obligations.
- WLKP has a Quick ratio of 2.32. This is amongst the best in the industry. WLKP outperforms 87.80% 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.
- The Earnings Per Share has been growing slightly by 0.11% on average over the past years.
- WLKP shows a decrease in Revenue. In the last year, the revenue decreased by -0.82%.
- WLKP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.79% yearly.
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 6.06% 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-26.24%
EPS Next 2Y4.64%
EPS Next 3Y6.06%
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.
- 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
- Based on the Price/Earnings ratio of 15.01, the valuation of WLKP can be described as correct.
- Based on the Price/Earnings ratio, WLKP is valued a bit cheaper than 70.73% of the companies in the same industry.
- WLKP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.94, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 10.85, the valuation of WLKP can be described as very reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of WLKP indicates a rather cheap valuation: WLKP is cheaper than 84.15% of the companies listed in the same industry.
- WLKP is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.01 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
- 96.34% of the companies in the same industry are more expensive than WLKP, based on the Enterprise Value to EBITDA ratio.
- WLKP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WLKP is cheaper than 97.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.54 | ||
| EV/EBITDA | 2.48 |
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)132.43
EPS Next 2Y4.64%
EPS Next 3Y6.06%
5. Dividend
5.1 Amount
- WLKP has a Yearly Dividend Yield of 9.31%, which is a nice return.
- WLKP's Dividend Yield is rather good when compared to the industry average which is at 2.28. WLKP pays more dividend than 92.68% of the companies in the same industry.
- WLKP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.31% |
5.2 History
- The dividend of WLKP has a limited annual growth rate of 0.46%.
- WLKP has paid a dividend for at least 10 years, which is a reliable track record.
- WLKP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.46%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- WLKP pays out 135.18% of its income as dividend. 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 2Y4.64%
EPS Next 3Y6.06%
NYSE:WLKP (1/21/2026, 10:20:54 AM)
21.02
+0.19 (+0.91%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-30 2025-10-30/bmo
Earnings (Next)02-23 2026-02-23/amc
Inst Owners28.69%
Inst Owner Change0.07%
Ins Owners1.31%
Ins Owner Change0.05%
Market Cap740.96M
Revenue(TTM)1.13B
Net Income(TTM)49.16M
Analysts80
Price Target28.56 (35.87%)
Short Float %0.51%
Short Ratio1.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.31% |
Yearly Dividend1.89
Dividend Growth(5Y)0.46%
DP135.18%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
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)9.8%
PT rev (3m)9.8%
EPS NQ rev (1m)5%
EPS NQ rev (3m)1.2%
EPS NY rev (1m)-2.66%
EPS NY rev (3m)-6.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.01 | ||
| Fwd PE | 10.85 | ||
| P/S | 0.65 | ||
| P/FCF | 3.54 | ||
| P/OCF | 2.53 | ||
| P/B | 2.84 | ||
| P/tB | 2.91 | ||
| EV/EBITDA | 2.48 |
EPS(TTM)1.4
EY6.66%
EPS(NY)1.94
Fwd EY9.22%
FCF(TTM)5.93
FCFY28.22%
OCF(TTM)8.3
OCFY39.48%
SpS32.16
BVpS7.39
TBVpS7.23
PEG (NY)N/A
PEG (5Y)132.43
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
WACC12.11%
ROIC/WACC1.73
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-26.24%
EPS Next 2Y4.64%
EPS Next 3Y6.06%
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 Year124.27%
EBIT Next 3Y35.12%
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 of WESTLAKE CHEMICAL PARTNERS L (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 valuation of WESTLAKE CHEMICAL PARTNERS L based on its PE and PB ratios?
The Price/Earnings (PE) ratio for WESTLAKE CHEMICAL PARTNERS L (WLKP) is 15.01 and the Price/Book (PB) ratio is 2.84.
What is the financial health of WESTLAKE CHEMICAL PARTNERS L (WLKP) stock?
The financial health rating of WESTLAKE CHEMICAL PARTNERS L (WLKP) is 6 / 10.