WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:WLKP • US9604171036
21.97 USD
+0.04 (+0.18%)
Last: Feb 3, 2026, 01:06 PM
WLKP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 83 industry peers in the Chemicals industry. While WLKP has a great profitability rating, 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
- In the past year WLKP was profitable.
- WLKP had a positive operating cash flow in the past year.
- Each year in the past 5 years WLKP has been profitable.
- Each year in the past 5 years WLKP had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 3.87%, WLKP is doing good in the industry, outperforming 73.49% of the companies in the same industry.
- WLKP has a better Return On Equity (18.86%) than 89.16% of its industry peers.
- WLKP has a Return On Invested Capital of 20.90%. This is amongst the best in the industry. WLKP outperforms 100.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- WLKP's Profit Margin of 4.34% is fine compared to the rest of the industry. WLKP outperforms 68.67% 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 95.18% 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 55.42% 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
- WLKP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
- WLKP has a worse debt/assets ratio than last year.
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.
- Looking at the Debt to FCF ratio, with a value of 1.91, WLKP belongs to the top of the industry, outperforming 89.16% 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.
- The Debt to Equity ratio of WLKP (1.53) is worse than 77.11% 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/WACC1.71
WACC12.24%
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 67.47% of the companies in the same industry.
- 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 86.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
- WLKP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.00%.
- The Earnings Per Share has been growing slightly by 0.11% on average over the past years.
- The Revenue has decreased by -0.82% in the past 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
- Based on estimates for the next years, WLKP will show a small growth in Earnings Per Share. The EPS will grow by 6.06% on average per year.
- WLKP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.58% yearly.
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
- 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
- Based on the Price/Earnings ratio of 15.69, the valuation of WLKP can be described as correct.
- 69.88% of the companies in the same industry are more expensive than WLKP, based on the Price/Earnings ratio.
- WLKP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.41.
- The Price/Forward Earnings ratio is 11.34, which indicates a very decent valuation of WLKP.
- Based on the Price/Forward Earnings ratio, WLKP is valued cheaper than 86.75% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, WLKP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.69 | ||
| Fwd PE | 11.34 |
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 96.39% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of WLKP indicates a rather cheap valuation: WLKP is cheaper than 97.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.7 | ||
| EV/EBITDA | 2.56 |
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)138.41
EPS Next 2Y4.64%
EPS Next 3Y6.06%
5. Dividend
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 2.27. WLKP pays more dividend than 92.77% 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 | 8.94% |
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
- 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 2Y4.64%
EPS Next 3Y6.06%
NYSE:WLKP (2/3/2026, 1:06:27 PM)
21.97
+0.04 (+0.18%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-30 2025-10-30/bmo
Earnings (Next)02-24 2026-02-24/amc
Inst Owners28.69%
Inst Owner Change0.8%
Ins Owners1.31%
Ins Owner Change0.05%
Market Cap774.44M
Revenue(TTM)1.13B
Net Income(TTM)49.16M
Analysts80
Price Target28.56 (30%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
Yearly Dividend1.89
Dividend Growth(5Y)0.46%
DP135.18%
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)-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)3.7%
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 | 15.69 | ||
| Fwd PE | 11.34 | ||
| P/S | 0.68 | ||
| P/FCF | 3.7 | ||
| P/OCF | 2.65 | ||
| P/B | 2.97 | ||
| P/tB | 3.04 | ||
| EV/EBITDA | 2.56 |
EPS(TTM)1.4
EY6.37%
EPS(NY)1.94
Fwd EY8.82%
FCF(TTM)5.93
FCFY27%
OCF(TTM)8.3
OCFY37.78%
SpS32.16
BVpS7.39
TBVpS7.23
PEG (NY)N/A
PEG (5Y)138.41
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
WACC12.24%
ROIC/WACC1.71
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 Year123.2%
EBIT Next 3Y33.66%
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 15.69 and the Price/Book (PB) ratio is 2.97.
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.