WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WLKP - US9604171036
19.1 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to WLKP. WLKP was compared to 84 industry peers in the Chemicals industry. WLKP scores excellent on profitability, but 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
WLKP had positive earnings in the past year.
In the past year WLKP had a positive cash flow from operations.
WLKP had positive earnings in each of the past 5 years.
WLKP had a positive operating cash flow in each of the past 5 years.
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's Return On Invested Capital of 20.90% is amongst the best of the industry. WLKP outperforms 100.00% of its industry peers.
WLKP had an Average Return On Invested Capital over the past 3 years of 22.83%. This 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
WLKP has a Profit Margin of 4.34%. This is in the better half of the industry: WLKP outperforms 70.24% of its industry peers.
WLKP's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 28.39%, WLKP belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
WLKP's Operating Margin has been stable in the last couple of years.
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.
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.
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
The Debt to FCF ratio of WLKP is 1.91, which is an excellent value as it means it would take WLKP, only 1.91 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.91, WLKP belongs to the best of the industry, outperforming 90.48% 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's Debt to Equity ratio of 1.53 is on the low side compared to the rest of the industry. WLKP is outperformed by 76.19% 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 | 1.53 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | N/A |
ROIC/WACC1.77
WACC11.84%
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.
With a decent Current ratio value of 2.37, WLKP is doing good in 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.
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%.
The Revenue has been growing slightly by 0.79% on average over the past years.
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.
The Revenue is expected to grow by 7.58% on average over the next years.
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
Based on the Price/Earnings ratio of 13.64, the valuation of WLKP can be described as correct.
72.62% of the companies in the same industry are more expensive than WLKP, based on the Price/Earnings ratio.
WLKP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
WLKP is valuated reasonably with a Price/Forward Earnings ratio of 9.58.
Based on the Price/Forward Earnings ratio, WLKP is valued cheaper than 86.90% of the companies in the same industry.
WLKP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 9.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WLKP indicates a rather cheap valuation: WLKP is cheaper than 96.43% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, WLKP is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.22 | ||
| EV/EBITDA | 2.34 |
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)120.33
EPS Next 2Y6.14%
EPS Next 3Y3.07%
5. Dividend
5.1 Amount
WLKP has a Yearly Dividend Yield of 10.00%, which is a nice return.
Compared to an average industry Dividend Yield of 2.46, WLKP pays a better dividend. On top of this WLKP pays more dividend than 92.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, WLKP pays a better dividend.
| 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 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.
WLKP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP135.18%
EPS Next 2Y6.14%
EPS Next 3Y3.07%
NYSE:WLKP (12/22/2025, 6:40:00 PM)
19.1
0 (0%)
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 Cap673.27M
Revenue(TTM)1.13B
Net Income(TTM)49.16M
Analysts80
Price Target26.01 (36.18%)
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 | 13.64 | ||
| Fwd PE | 9.58 | ||
| P/S | 0.59 | ||
| P/FCF | 3.22 | ||
| P/OCF | 2.3 | ||
| P/B | 2.58 | ||
| P/tB | 2.64 | ||
| EV/EBITDA | 2.34 |
EPS(TTM)1.4
EY7.33%
EPS(NY)1.99
Fwd EY10.44%
FCF(TTM)5.93
FCFY31.06%
OCF(TTM)8.3
OCFY43.45%
SpS32.16
BVpS7.39
TBVpS7.23
PEG (NY)N/A
PEG (5Y)120.33
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
WACC11.84%
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%.