WESTLAKE CHEMICAL PARTNERS L (WLKP) Fundamental Analysis & Valuation
NYSE:WLKP • US9604171036
22.45 USD
-0.28 (-1.23%)
Last: Mar 13, 2026, 01:19 PM
This WLKP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
WLKP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 83 industry peers in the Chemicals industry. WLKP has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on WLKP. These ratings could make WLKP a good candidate for value investing.
1. WLKP Profitability Analysis
1.1 Basic Checks
- WLKP had positive earnings in the past year.
- WLKP had a positive operating cash flow in the past year.
- In the past 5 years WLKP has always been profitable.
- WLKP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of WLKP (3.88%) is better than 77.11% of its industry peers.
- WLKP has a Return On Equity of 18.84%. This is amongst the best in the industry. WLKP outperforms 89.16% of its industry peers.
- WLKP has a better Return On Invested Capital (20.95%) than 100.00% of its industry peers.
- WLKP had an Average Return On Invested Capital over the past 3 years of 22.80%. This is significantly above the industry average of 6.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 18.84% | ||
| ROIC | 20.95% |
ROA(3y)4.28%
ROA(5y)4.62%
ROE(3y)20.27%
ROE(5y)22.18%
ROIC(3y)22.8%
ROIC(5y)22.61%
1.3 Margins
- Looking at the Profit Margin, with a value of 4.17%, WLKP is in the better half of the industry, outperforming 68.67% of the companies in the same industry.
- WLKP's Profit Margin has declined in the last couple of years.
- WLKP has a better Operating Margin (27.39%) than 95.18% of its industry peers.
- In the last couple of years the Operating Margin of WLKP has declined.
- WLKP has a Gross Margin of 29.81%. This is comparable to the rest of the industry: WLKP outperforms 54.22% of its industry peers.
- In the last couple of years the Gross Margin of WLKP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.39% | ||
| PM (TTM) | 4.17% | ||
| GM | 29.81% |
OM growth 3Y7.87%
OM growth 5Y-5.59%
PM growth 3Y1.18%
PM growth 5Y-9.43%
GM growth 3Y7.97%
GM growth 5Y-5.32%
2. WLKP Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), WLKP 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 0.80. This is a very positive value and a sign of high solvency as it would only need 0.80 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 0.80, WLKP belongs to the best of the industry, outperforming 96.39% of the companies in the same industry.
- WLKP has a Debt/Equity ratio of 1.55. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.55, WLKP is not doing good in the industry: 77.11% of the companies in the same industry are doing better.
- Although WLKP's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 | 1.55 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | N/A |
ROIC/WACC1.77
WACC11.86%
2.3 Liquidity
- WLKP has a Current Ratio of 2.80. 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 2.80, WLKP is in the better half of the industry, outperforming 75.90% of the companies in the same industry.
- A Quick Ratio of 2.74 indicates that WLKP has no problem at all paying its short term obligations.
- WLKP's Quick ratio of 2.74 is amongst the best of the industry. WLKP outperforms 87.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.8 | ||
| Quick Ratio | 2.74 |
3. WLKP Growth Analysis
3.1 Past
- WLKP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.03%.
- Measured over the past years, WLKP shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.10% on average per year.
- Looking at the last year, WLKP shows a small growth in Revenue. The Revenue has grown by 2.71% in the last year.
- WLKP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.83% yearly.
EPS 1Y (TTM)-22.03%
EPS 3Y-8.98%
EPS 5Y-6.1%
EPS Q2Q%-4.65%
Revenue 1Y (TTM)2.71%
Revenue growth 3Y-9.86%
Revenue growth 5Y3.83%
Sales Q2Q%11.37%
3.2 Future
- Based on estimates for the next years, WLKP will show a very strong growth in Earnings Per Share. The EPS will grow by 23.69% on average per year.
- The Revenue is expected to grow by 7.59% on average over the next years.
EPS Next Y40.43%
EPS Next 2Y23.69%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.71%
Revenue Next 2Y7.59%
Revenue Next 3YN/A
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. WLKP Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 16.27, which indicates a correct valuation of WLKP.
- Based on the Price/Earnings ratio, WLKP is valued a bit cheaper than the industry average as 67.47% of the companies are valued more expensively.
- WLKP is valuated rather cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 11.58 indicates a reasonable valuation of WLKP.
- 79.52% of the companies in the same industry are more expensive than WLKP, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, WLKP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.27 | ||
| Fwd PE | 11.58 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WLKP is valued cheaper than 97.59% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, WLKP is valued cheaper than 98.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.58 | ||
| EV/EBITDA | 2.58 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of WLKP may justify a higher PE ratio.
- A more expensive valuation may be justified as WLKP's earnings are expected to grow with 23.69% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y23.69%
EPS Next 3YN/A
5. WLKP Dividend Analysis
5.1 Amount
- WLKP has a Yearly Dividend Yield of 8.94%, which is a nice return.
- WLKP's Dividend Yield is rather good when compared to the industry average which is at 2.09. WLKP pays more dividend than 95.18% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, WLKP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
5.2 History
- The dividend of WLKP decreases each year by -0.01%.
- 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)-0.01%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- 136.46% of the earnings are spent on dividend by WLKP. This is not a sustainable payout ratio.
DP136.46%
EPS Next 2Y23.69%
EPS Next 3YN/A
WLKP Fundamentals: All Metrics, Ratios and Statistics
NYSE:WLKP (3/13/2026, 1:19:57 PM)
22.45
-0.28 (-1.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-24 2026-02-24/bmo
Earnings (Next)04-30 2026-04-30/bmo
Inst Owners29.18%
Inst Owner Change1.54%
Ins Owners1.31%
Ins Owner Change0%
Market Cap791.36M
Revenue(TTM)1.17B
Net Income(TTM)48.70M
Analysts82.86
Price Target28.56 (27.22%)
Short Float %0.6%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
Yearly Dividend1.89
Dividend Growth(5Y)-0.01%
DP136.46%
Div Incr Years0
Div Non Decr Years2
Ex-Date02-06 2026-02-06 (0.4714)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.36%
Min EPS beat(2)-6.42%
Max EPS beat(2)-4.3%
EPS beat(4)0
Avg EPS beat(4)-21.19%
Min EPS beat(4)-62.4%
Max EPS beat(4)-4.3%
EPS beat(8)2
Avg EPS beat(8)-7.58%
EPS beat(12)2
Avg EPS beat(12)-9.47%
EPS beat(16)2
Avg EPS beat(16)-9.78%
Revenue beat(2)1
Avg Revenue beat(2)0.57%
Min Revenue beat(2)-0.05%
Max Revenue beat(2)1.19%
Revenue beat(4)1
Avg Revenue beat(4)-5.85%
Min Revenue beat(4)-21.29%
Max Revenue beat(4)1.19%
Revenue beat(8)4
Avg Revenue beat(8)-0.13%
Revenue beat(12)4
Avg Revenue beat(12)-5.74%
Revenue beat(16)7
Avg Revenue beat(16)-2.27%
PT rev (1m)0%
PT rev (3m)9.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-21.57%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.27 | ||
| Fwd PE | 11.58 | ||
| P/S | 0.68 | ||
| P/FCF | 1.58 | ||
| P/OCF | 1.37 | ||
| P/B | 3.06 | ||
| P/tB | 3.06 | ||
| EV/EBITDA | 2.58 |
EPS(TTM)1.38
EY6.15%
EPS(NY)1.94
Fwd EY8.63%
FCF(TTM)14.16
FCFY63.09%
OCF(TTM)16.4
OCFY73.05%
SpS33.1
BVpS7.33
TBVpS7.33
PEG (NY)0.4
PEG (5Y)N/A
Graham Number15.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 18.84% | ||
| ROCE | 26.52% | ||
| ROIC | 20.95% | ||
| ROICexc | 21.75% | ||
| ROICexgc | 21.75% | ||
| OM | 27.39% | ||
| PM (TTM) | 4.17% | ||
| GM | 29.81% | ||
| FCFM | 42.8% |
ROA(3y)4.28%
ROA(5y)4.62%
ROE(3y)20.27%
ROE(5y)22.18%
ROIC(3y)22.8%
ROIC(5y)22.61%
ROICexc(3y)23.84%
ROICexc(5y)23.52%
ROICexgc(3y)23.92%
ROICexgc(5y)23.61%
ROCE(3y)28.86%
ROCE(5y)28.62%
ROICexgc growth 3Y-0.76%
ROICexgc growth 5Y0.18%
ROICexc growth 3Y-0.61%
ROICexc growth 5Y0.27%
OM growth 3Y7.87%
OM growth 5Y-5.59%
PM growth 3Y1.18%
PM growth 5Y-9.43%
GM growth 3Y7.97%
GM growth 5Y-5.32%
F-Score4
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 0.8 | ||
| Debt/EBITDA | 0.89 | ||
| Cap/Depr | 61.59% | ||
| Cap/Sales | 6.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 129.17% | ||
| Profit Quality | 1025.32% | ||
| Current Ratio | 2.8 | ||
| Quick Ratio | 2.74 | ||
| Altman-Z | N/A |
F-Score4
WACC11.86%
ROIC/WACC1.77
Cap/Depr(3y)49.28%
Cap/Depr(5y)53.43%
Cap/Sales(3y)5%
Cap/Sales(5y)5.02%
Profit Quality(3y)823.53%
Profit Quality(5y)701.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-22.03%
EPS 3Y-8.98%
EPS 5Y-6.1%
EPS Q2Q%-4.65%
EPS Next Y40.43%
EPS Next 2Y23.69%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.71%
Revenue growth 3Y-9.86%
Revenue growth 5Y3.83%
Sales Q2Q%11.37%
Revenue Next Year12.71%
Revenue Next 2Y7.59%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.15%
EBIT growth 3Y-2.77%
EBIT growth 5Y-1.97%
EBIT Next Year53.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.51%
FCF growth 3Y6.82%
FCF growth 5Y8.22%
OCF growth 1Y19.2%
OCF growth 3Y7.63%
OCF growth 5Y9.14%
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 8 / 10 to WESTLAKE CHEMICAL PARTNERS L (WLKP). This can be considered as Undervalued.
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 16.27 and the Price/Book (PB) ratio is 3.06.
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.