WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Fundamental Analysis
NYSE:WLKP • US9604171036
21.96 USD
-0.23 (-1.04%)
Last: Mar 3, 2026, 10:56 AM
Taking everything into account, WLKP scores 6 out of 10 in our fundamental rating. WLKP was compared to 83 industry peers in the Chemicals industry. WLKP scores excellent on profitability, but there are some minor concerns on its financial health. WLKP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes WLKP very considerable for value investing!
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.
- 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 3.88%, WLKP is doing good in the industry, outperforming 75.90% of the companies in the same industry.
- WLKP has a better Return On Equity (18.84%) than 90.36% of its industry peers.
- WLKP has a better Return On Invested Capital (20.95%) 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 | 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
- With a decent Profit Margin value of 4.17%, WLKP is doing good in the industry, outperforming 67.47% of the companies in the same industry.
- In the last couple of years the Profit Margin of WLKP has declined.
- WLKP has a Operating Margin of 27.39%. This is amongst the best in the industry. WLKP outperforms 95.18% of its industry peers.
- WLKP's Operating Margin has declined in the last couple of years.
- WLKP's Gross Margin of 29.81% is in line compared 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. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so WLKP 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 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.
- WLKP has a Debt to FCF ratio of 0.80. This is amongst the best in the industry. WLKP outperforms 96.39% of its industry peers.
- WLKP has a Debt/Equity ratio of 1.55. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.55, WLKP is doing worse than 77.11% of the companies in the same industry.
- 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 | 1.55 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | N/A |
ROIC/WACC1.8
WACC11.64%
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.
- WLKP has a better Current ratio (2.80) than 77.11% of its industry peers.
- A Quick Ratio of 2.74 indicates that WLKP has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 2.74, WLKP belongs to the best of the industry, outperforming 87.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.8 | ||
| Quick Ratio | 2.74 |
3. Growth
3.1 Past
- The earnings per share for WLKP have decreased strongly by -22.03% in the last year.
- The Earnings Per Share has been decreasing by -6.10% on average over the past years.
- 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
- WLKP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.69% yearly.
- WLKP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.59% yearly.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 15.91, the valuation of WLKP can be described as correct.
- Based on the Price/Earnings ratio, WLKP is valued a bit cheaper than 68.67% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.13. WLKP is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 11.33, the valuation of WLKP can be described as reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of WLKP indicates a rather cheap valuation: WLKP is cheaper than 84.34% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.11, WLKP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.91 | ||
| Fwd PE | 11.33 |
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 97.59% of the companies listed 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 | 1.55 | ||
| EV/EBITDA | 2.54 |
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.
- WLKP has a very decent profitability rating, which may justify a higher PE ratio.
- WLKP's earnings are expected to grow with 23.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y23.69%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 8.94%, WLKP is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.19, WLKP pays a better dividend. On top of this WLKP pays more dividend than 93.98% 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 1.82.
| 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
- WLKP pays out 136.46% of its income as dividend. This is not a sustainable payout ratio.
DP136.46%
EPS Next 2Y23.69%
EPS Next 3YN/A
NYSE:WLKP (3/3/2026, 10:56:44 AM)
21.96
-0.23 (-1.04%)
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 Owners28.69%
Inst Owner Change1.54%
Ins Owners1.31%
Ins Owner Change0%
Market Cap774.09M
Revenue(TTM)1.17B
Net Income(TTM)48.70M
Analysts82.86
Price Target28.56 (30.05%)
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)-5%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.91 | ||
| Fwd PE | 11.33 | ||
| P/S | 0.66 | ||
| P/FCF | 1.55 | ||
| P/OCF | 1.34 | ||
| P/B | 2.99 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 2.54 |
EPS(TTM)1.38
EY6.28%
EPS(NY)1.94
Fwd EY8.83%
FCF(TTM)14.16
FCFY64.5%
OCF(TTM)16.4
OCFY74.68%
SpS33.1
BVpS7.33
TBVpS7.33
PEG (NY)0.39
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
WACC11.64%
ROIC/WACC1.8
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 15.91 and the Price/Book (PB) ratio is 2.99.
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.