NYSE:WLKP (USA) Also trade in: Germany

Westlake Chemical Partners LP

$ 22.27 0.06 (0.27%)
Volume: 33,475 Avg Vol (1m): 65,602
Market Cap $: 783.64 Mil Enterprise Value $: 2.00 Bil
P/E (TTM): 13.89 P/B: 2.61
Earnings Power Value 69.79
Net Current Asset Value -28.53
Tangible Book 8.47
Projected FCF 98.08
Median P/S Value 22.57
Graham Number 17.52
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 5/10

GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
Current vs industry vs history
Cash-to-Debt 0.14
Cash-To-Debt ranked lower than
92.87% of 1122 companies
in the Chemicals industry.
Industry Max: 33470, Med: 0.72, Min: 0.01
WLKP: 0.14
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.04, Med: 0.18, Max: 0.59
Current: 0.14
0.04
0.59
Equity-to-Asset 0.17
Equity-to-Asset ranked lower than
95.79% of 1092 companies
in the Chemicals industry.
Industry Max: 0.98, Med: 0.57, Min: -3.61
WLKP: 0.17
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.07, Med: 0.08, Max: 0.44
Current: 0.17
0.07
0.44
Debt-to-Equity 2.15
Debt-to-Equity ranked lower than
95.06% of 931 companies
in the Chemicals industry.
Industry Max: 119, Med: 0.39, Min: 0.01
WLKP: 2.15
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.56, Med: 2.26, Max: 5.93
Current: 2.15
0.56
5.93
Debt-to-EBITDA 1.31
Debt-to-EBITDA ranked higher than
71.85% of 913 companies
in the Chemicals industry.
Industry Max: 405.11, Med: 2.12, Min: 0.01
WLKP: 1.31
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 0.27, Med: 0.87, Max: 1.31
Current: 1.31
0.27
1.31
Interest Coverage 15.48
Interest Coverage ranked lower than
58.28% of 1021 companies
in the Chemicals industry.
Industry Max: 6110101.5, Med: 29.84, Min: 0.06
WLKP: 15.48
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 15.48, Med: 55.63, Max: 105.47
Current: 15.48
15.48
105.47
Piotroski F-Score 6
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 2.51
DISTRESS
GREY
SAFE
Beneish M-Score -3.67
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 24.36%
WACC 3.94%

Profitability & Growth : 5/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 26.75
Operating Margin ranked higher than
96.12% of 1107 companies
in the Chemicals industry.
Industry Max: 469.95, Med: 8.34, Min: -685674.44
WLKP: 26.75
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 17.09, Med: 33.8, Max: 40.95
Current: 26.75
17.09
40.95
Net Margin % 4.00
Net Margin ranked lower than
57.78% of 1106 companies
in the Chemicals industry.
Industry Max: 8294.93, Med: 5.82, Min: -760520.33
WLKP: 4
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 3.84, Med: 7.56, Max: 29.14
Current: 4
3.84
29.14
ROE % 22.61
ROE ranked higher than
89.34% of 1107 companies
in the Chemicals industry.
Industry Max: 834.58, Med: 9.43, Min: -632.7
WLKP: 22.61
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 22.61, Med: 43.27, Max: 289.19
Current: 22.61
22.61
289.19
ROA % 3.43
ROA ranked lower than
60.05% of 1134 companies
in the Chemicals industry.
Industry Max: 253.45, Med: 4.78, Min: -2284.37
WLKP: 3.43
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 2.88, Med: 3.34, Max: 94.85
Current: 3.43
2.88
94.85
ROC (Joel Greenblatt) % 28.81
ROC (Joel Greenblatt) ranked higher than
81.42% of 1130 companies
in the Chemicals industry.
Industry Max: 1816.36, Med: 14.65, Min: -69927.08
WLKP: 28.81
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 28.81, Med: 37.97, Max: 195.02
Current: 28.81
28.81
195.02
3-Year Total Revenue Growth Rate 8.50
3-Year Revenue Growth Rate ranked lower than
90.78% of 1052 companies
in the Chemicals industry.
Industry Max: 343.1, Med: 1.7, Min: -100
WLKP: 2.3
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -25.1, Med: -13.9, Max: 2.3
Current: 2.3
-25.1
2.3
3-Year Total EBITDA Growth Rate 1.50
3-Year EBITDA Growth Rate ranked lower than
88.88% of 980 companies
in the Chemicals industry.
Industry Max: 674.5, Med: 7.6, Min: -545
WLKP: -4.3
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -22.3, Med: -15.3, Max: 18.9
Current: -4.3
-22.3
18.9
3-Year EPS w/o NRI Growth Rate 0.90
3-Year EPS w/o NRI Growth Rate ranked lower than
96.68% of 904 companies
in the Chemicals industry.
Industry Max: 912.7, Med: 11.1, Min: -498.8
WLKP: 0.9
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 0.9
Current: 0.9
0
0.9

» WLKP's 30-Y Financials

Financials (Next Earnings Date: 2019-08-02)

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Business Description

Industry Chemicals » Chemicals    NAICS : 325199    SIC : 2869
Compare JSE:AFE SHSE:603188 SZSE:002206 SZSE:300568 XKRX:006650 XKRX:014680 BOM:500042 XKRX:069260 SZSE:000791 NYSE:RYAM SZSE:300261 TSE:4041 SZSE:000822 SZSE:002088 BSP:UNIP3 XKRX:278280 SZSE:000861 XKRX:036830 SHSE:603612 TPE:1710
Traded in other countries 15W.Germany
Address 2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Through its operating interests in Westlake Chemical OpCo LP (OpCo), it acquires ethyelene production facilities, which primarily convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline and hydrogen to Westlake and other customers located in the United States.

Ratios

Current vs industry vs history
PE Ratio (TTM) 13.89
PE Ratio ranked higher than
60.61% of 957 companies
in the Chemicals industry.
Industry Max: 5947.5, Med: 18.54, Min: 0.02
WLKP: 13.89
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 3.47, Med: 12.93, Max: 175.58
Current: 13.89
3.47
175.58
Forward PE Ratio 11.74
Forward P/E ranked lower than
50.88% of 114 companies
in the Chemicals industry.
Industry Max: 69.44, Med: 16.29, Min: 3.87
WLKP: 11.74
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 13.89
PE without NRI ranked higher than
61.17% of 958 companies
in the Chemicals industry.
Industry Max: 5947.5, Med: 18.8, Min: 0.02
WLKP: 13.89
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 3.47, Med: 12.93, Max: 175.58
Current: 13.89
3.47
175.58
Price-to-Owner-Earnings 40.01
Price-to-Owner-Earnings ranked lower than
64.88% of 541 companies
in the Chemicals industry.
Industry Max: 3000, Med: 22.77, Min: 0.02
WLKP: 40.01
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 18.16, Med: 45.31, Max: 180.94
Current: 40.01
18.16
180.94
PB Ratio 2.61
PB Ratio ranked lower than
81.62% of 1099 companies
in the Chemicals industry.
Industry Max: 474.06, Med: 1.83, Min: 0.01
WLKP: 2.61
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 2.56, Med: 5.47, Max: 10.8
Current: 2.61
2.56
10.8
PS Ratio 0.57
PS Ratio ranked higher than
72.17% of 1085 companies
in the Chemicals industry.
Industry Max: 3971.43, Med: 1.27, Min: 0.01
WLKP: 0.57
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.35, Med: 0.56, Max: 0.72
Current: 0.57
0.35
0.72
Price-to-Free-Cash-Flow 1.75
Price-to-Free-Cash-Flow ranked higher than
98.41% of 439 companies
in the Chemicals industry.
Industry Max: 18000, Med: 22.93, Min: 0.02
WLKP: 1.75
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 1.35, Med: 1.87, Max: 8.74
Current: 1.75
1.35
8.74
Price-to-Operating-Cash-Flow 1.58
Price-to-Operating-Cash-Flow ranked higher than
98.34% of 602 companies
in the Chemicals industry.
Industry Max: 3963.03, Med: 14.12, Min: 0.02
WLKP: 1.58
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 0.95, Med: 1.39, Max: 2.35
Current: 1.58
0.95
2.35
EV-to-EBIT 5.75
EV-to-EBIT ranked higher than
91.28% of 986 companies
in the Chemicals industry.
Industry Max: 8127.7, Med: 14.73, Min: 0.1
WLKP: 5.75
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 1.8, Med: 5.2, Max: 5.76
Current: 5.75
1.8
5.76
EV-to-EBITDA 4.33
EV-to-EBITDA ranked higher than
93.21% of 1002 companies
in the Chemicals industry.
Industry Max: 6596.67, Med: 11.5, Min: 0.1
WLKP: 4.33
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 1.7, Med: 4, Max: 4.4
Current: 4.33
1.7
4.4
EV-to-Revenue 1.55
EV-to-Revenue ranked lower than
56.10% of 1098 companies
in the Chemicals industry.
Industry Max: 38643.75, Med: 1.45, Min: 0.01
WLKP: 1.55
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.8, Med: 1.6, Max: 2.1
Current: 1.55
0.8
2.1
Current Ratio 9.07
Current Ratio ranked higher than
88.26% of 1116 companies
in the Chemicals industry.
Industry Max: 6206.34, Med: 1.9, Min: 0.01
WLKP: 9.07
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 1.14, Med: 4.4, Max: 9.07
Current: 9.07
1.14
9.07
Quick Ratio 8.98
Quick Ratio ranked higher than
90.68% of 1116 companies
in the Chemicals industry.
Industry Max: 6206.34, Med: 1.37, Min: 0.01
WLKP: 8.98
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.46, Med: 4.25, Max: 8.98
Current: 8.98
0.46
8.98
Days Inventory 1.96
Days Inventory ranked higher than
98.70% of 1075 companies
in the Chemicals industry.
Industry Max: 755.99, Med: 64.18, Min: 0.02
WLKP: 1.96
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 1.96, Med: 3.07, Max: 32.96
Current: 1.96
1.96
32.96
Days Sales Outstanding 17.22
Days Sales Outstanding ranked higher than
91.77% of 1082 companies
in the Chemicals industry.
Industry Max: 840.31, Med: 68.33, Min: 0.01
WLKP: 17.22
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 4.2, Med: 13.78, Max: 20.92
Current: 17.22
4.2
20.92
Days Payable 10.58
Days Payable ranked lower than
98.96% of 1061 companies
in the Chemicals industry.
Industry Max: 850.06, Med: 56.72, Min: 1
WLKP: 10.58
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 6.09, Med: 13.07, Max: 35.64
Current: 10.58
6.09
35.64

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 7.67
Trailing Dividend Yield ranked higher than
93.89% of 1294 companies
in the Chemicals industry.
Industry Max: 364.71, Med: 1.88, Min: 0.04
WLKP: 7.67
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.57, Med: 5.89, Max: 7.73
Current: 7.67
0.57
7.73
Dividend Payout Ratio 1.03
Dividend Payout Ratio ranked lower than
92.11% of 837 companies
in the Chemicals industry.
Industry Max: 423.62, Med: 0.28, Min: 0.01
WLKP: 1.03
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.01, Med: 0.84, Max: 1.07
Current: 1.03
0.01
1.07
3-Year Dividend Growth Rate (Per Share) 12.00
3-Year Dividend Growth Rate ranked higher than
98.53% of 545 companies
in the Chemicals industry.
Industry Max: 305.5, Med: 9.5, Min: -100
WLKP: 12
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 103.9
Current: 12
0
103.9
Forward Dividend Yield % 8.00
Forward Dividend Yield ranked higher than
93.75% of 1264 companies
in the Chemicals industry.
Industry Max: 77.89, Med: 2.05, Min: 0.04
WLKP: 8
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 7.67
Yield-on-Cost (5y) ranked higher than
85.08% of 1280 companies
in the Chemicals industry.
Industry Max: 1283.59, Med: 2.42, Min: 0.03
WLKP: 7.67
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.57, Med: 5.89, Max: 7.73
Current: 7.67
0.57
7.73
3-Year Share Buyback Rate -6.00
3-Year Share Buyback Rate ranked lower than
59.33% of 627 companies
in the Chemicals industry.
Industry Max: 100, Med: -3.8, Min: -364.2
WLKP: -6
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -6, Med: -2.2, Max: -2.2
Current: -6
-6
-2.2

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 2.63
Price-to-Tangible-Book ranked lower than
77.41% of 1058 companies
in the Chemicals industry.
Industry Max: 474.06, Med: 1.97, Min: 0.01
WLKP: 2.63
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 2.61, Med: 5.73, Max: 10.09
Current: 2.63
2.61
10.09
Price-to-Projected-FCF 0.23
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
100.00% of 622 companies
in the Chemicals industry.
Industry Max: 266.39, Med: 1.43, Min: 0.03
WLKP: 0.23
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.23, Med: 0.26, Max: 0.28
Current: 0.23
0.23
0.28
Price-to-Median-PS-Value 0.99
Price-to-Median-PS-Value ranked lower than
59.09% of 1029 companies
in the Chemicals industry.
Industry Max: 266.29, Med: 1.08, Min: 0.01
WLKP: 0.99
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.65, Med: 1.01, Max: 1.2
Current: 0.99
0.65
1.2
Price-to-Graham-Number 1.27
Price-to-Graham-Number ranked lower than
62.60% of 877 companies
in the Chemicals industry.
Industry Max: 62.89, Med: 1.33, Min: 0.02
WLKP: 1.27
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.96, Med: 1.62, Max: 8.26
Current: 1.27
0.96
8.26
Earnings Yield (Joel Greenblatt) % 17.48
Earnings Yield (Greenblatt) ranked higher than
92.41% of 1133 companies
in the Chemicals industry.
Industry Max: 1000, Med: 5.92, Min: -400
WLKP: 17.48
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 17.42, Med: 19.3, Max: 54.8
Current: 17.48
17.42
54.8
Forward Rate of Return (Yacktman) % 31.15
Forward Rate of Return ranked higher than
96.87% of 702 companies
in the Chemicals industry.
Industry Max: 208.19, Med: 9.68, Min: -6041.34
WLKP: 31.15
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: 25.1, Med: 30.2, Max: 34.5
Current: 31.15
25.1
34.5

More Statistics

Revenue (TTM) (Mil) $ 1,300.44
EPS (TTM) $ 1.61
Beta 0.2
Volatility % 16.24
52-Week Range $ 20.25 - 27.75
Shares Outstanding (Mil) 35.19

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 6
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy Y
Less Shares Outstanding yoy N
Higher Gross Margin yoy N
Higher Asset Turnover yoy Y