(WLKP) Westlake Chemical Partners - Ratings and Ratios
Ethylene, Propylene, Butadiene, Pyrolysis Gasoline, Hydrogen
WLKP EPS (Earnings per Share)
WLKP Revenue
Description: WLKP Westlake Chemical Partners
Westlake Chemical Partners LP (NYSE:WLKP) is a publicly-listed partnership that owns, develops, and operates ethylene production facilities in the United States, primarily converting ethane feedstock into ethylene. The business also monetizes co-products-propylene, crude butadiene, pyrolysis gasoline, and hydrogen-through spot sales or contracted agreements with third-party customers. The partnership is managed by Westlake Chemical Partners GP LLC, was founded in 1991, and is headquartered in Houston, Texas.
Key performance indicators that investors watch include the plant utilization rate (historically above 90 % for the core ethylene units), the ethane-to-ethylene conversion margin (which tracks the differential between ethane spot prices and ethylene contract prices), and the EBITDA margin, which has averaged roughly 15 % over the past three years. The sector is highly sensitive to natural-gas price volatility, as ethane is a derivative of natural gas; a sustained decline in Henry Hub prices typically improves Westlake’s feedstock cost structure. Additionally, demand for downstream plastics-especially in packaging and automotive applications-drives ethylene consumption, linking the company’s revenue to broader macro-economic trends such as consumer spending and vehicle production volumes.
For a deeper quantitative dive into WLKP’s valuation dynamics and scenario analysis, you might find the research tools on ValueRay worth exploring.
WLKP Stock Overview
| Market Cap in USD | 717m |
| Sub-Industry | Commodity Chemicals |
| IPO / Inception | 2014-07-30 |
WLKP Stock Ratings
| Growth Rating | 15.8% |
| Fundamental | 72.7% |
| Dividend Rating | 62.6% |
| Return 12m vs S&P 500 | -16.4% |
| Analyst Rating | 4.0 of 5 |
WLKP Dividends
| Dividend Yield 12m | 9.44% |
| Yield on Cost 5y | 14.74% |
| Annual Growth 5y | 0.00% |
| Payout Consistency | 94.2% |
| Payout Ratio | 126.4% |
WLKP Growth Ratios
| Growth Correlation 3m | -57.5% |
| Growth Correlation 12m | -22.4% |
| Growth Correlation 5y | 73% |
| CAGR 5y | 3.95% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.23 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.65 |
| Sharpe Ratio 12m | -0.29 |
| Alpha | -15.99 |
| Beta | 0.694 |
| Volatility | 14.31% |
| Current Volume | 69.8k |
| Average Volume 20d | 46.5k |
| Stop Loss | 19.3 (-3.3%) |
| Signal | -0.89 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (161.2m TTM) > 0 and > 6% of Revenue (6% = 66.1m TTM) |
| FCFTA 0.19 (>2.0%) and ΔFCFTA -11.25pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 7.59% (prev 15.37%; Δ -7.78pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.24 (>3.0%) and CFO 313.4m > Net Income 161.2m (YES >=105%, WARN >=100%) |
| Net Debt (363.1m) to EBITDA (431.0m) ratio: 0.84 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.15 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (35.2m) change vs 12m ago 0.01% (target <= -2.0% for YES) |
| Gross Margin 33.32% (prev 33.43%; Δ -0.11pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 84.90% (prev 92.19%; Δ -7.29pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 13.93 (EBITDA TTM 431.0m / Interest Expense TTM 23.9m) >= 6 (WARN >= 3) |
ValueRay F-Score (Strict, 0-100) 72.74
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 22.59% = 5.0 |
| 3. FCF Margin 22.15% = 5.54 |
| 4. Debt/Equity 0.79 = 2.20 |
| 5. Debt/Ebitda 0.84 = 1.97 |
| 6. ROIC - WACC (= 43.59)% = 12.50 |
| 7. RoE 31.44% = 2.50 |
| 8. Rev. Trend -70.49% = -5.29 |
| 9. EPS Trend -53.66% = -2.68 |
What is the price of WLKP shares?
Over the past week, the price has changed by -3.58%, over one month by -5.63%, over three months by -7.57% and over the past year by -3.70%.
Is Westlake Chemical Partners a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of WLKP is around 19.35 USD . This means that WLKP is currently overvalued and has a potential downside of -3.01%.
Is WLKP a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the WLKP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 25.5 | 27.8% |
| Analysts Target Price | 25.5 | 27.8% |
| ValueRay Target Price | 21.1 | 5.7% |
Last update: 2025-10-18 03:57
WLKP Fundamental Data Overview
P/E Trailing = 13.6577
P/E Forward = 12.0048
P/S = 0.6508
P/B = 2.8469
P/EG = 0.23
Beta = 0.694
Revenue TTM = 1.10b USD
EBIT TTM = 333.2m USD
EBITDA TTM = 431.0m USD
Long Term Debt = 399.7m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 399.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 363.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.08b USD (717.1m + Debt 399.7m - CCE 36.6m)
Interest Coverage Ratio = 13.93 (Ebit TTM 333.2m / Interest Expense TTM 23.9m)
FCF Yield = 22.59% (FCF TTM 244.0m / Enterprise Value 1.08b)
FCF Margin = 22.15% (FCF TTM 244.0m / Revenue TTM 1.10b)
Net Margin = 14.63% (Net Income TTM 161.2m / Revenue TTM 1.10b)
Gross Margin = 33.32% ((Revenue TTM 1.10b - Cost of Revenue TTM 734.7m) / Revenue TTM)
Gross Margin QoQ = 32.83% (prev 22.76%)
Tobins Q-Ratio = 0.83 (Enterprise Value 1.08b / Total Assets 1.31b)
Interest Expense / Debt = 1.48% (Interest Expense 5.91m / Debt 399.7m)
Taxrate = 0.24% (205.0k / 86.0m)
NOPAT = 332.4m (EBIT 333.2m * (1 - 0.24%))
Current Ratio = 2.15 (Total Current Assets 156.5m / Total Current Liabilities 72.9m)
Debt / Equity = 0.79 (Debt 399.7m / totalStockholderEquity, last quarter 505.0m)
Debt / EBITDA = 0.84 (Net Debt 363.1m / EBITDA 431.0m)
Debt / FCF = 1.49 (Net Debt 363.1m / FCF TTM 244.0m)
Total Stockholder Equity = 512.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.33% (Net Income 161.2m / Total Assets 1.31b)
RoE = 31.44% (Net Income TTM 161.2m / Total Stockholder Equity 512.8m)
RoCE = 36.51% (EBIT 333.2m / Capital Employed (Equity 512.8m + L.T.Debt 399.7m))
RoIC = 49.62% (NOPAT 332.4m / Invested Capital 669.9m)
WACC = 6.03% (E(717.1m)/V(1.12b) * Re(8.57%) + D(399.7m)/V(1.12b) * Rd(1.48%) * (1-Tc(0.00)))
Discount Rate = 8.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.01%
[DCF Debug] Terminal Value 76.46% ; FCFE base≈300.6m ; Y1≈301.9m ; Y5≈322.9m
Fair Price DCF = 146.9 (DCF Value 5.18b / Shares Outstanding 35.2m; 5y FCF grow -0.09% → 3.0% )
EPS Correlation: -53.66 | EPS CAGR: -60.32% | SUE: -3.78 | # QB: 0
Revenue Correlation: -70.49 | Revenue CAGR: -11.45% | SUE: 3.10 | # QB: 3
Additional Sources for WLKP Stock
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Fund Manager Positions: Dataroma | Stockcircle