Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Westlake Chemical Partners LP's EV-to-OCF or its related term are showing as below:
WLKP'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.26 Med: 4.25 Max: 6.03
Current: 3.52
During the past 13 years, the highest EV-to-OCF of Westlake Chemical Partners LP was 6.03. The lowest was 3.26. And the median was 4.25.
WLKP's EV-to-OCF is ranked better than 72.61% of 1610
companies
in the Chemicals industry
Industry Median: 11.54
vs WLKP: 3.52
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Westlake Chemical Partners LP (NYSE:WLKP) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Westlake Chemical Partners LP's PE Ratio (TTM) for today is calculated as:
Westlake Chemical Partners LP's share price for today is $21.93.
Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.630.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Westlake Chemical Partners LP EV-to-OCF Related Terms
Westlake Chemical Partners LP EV-to-OCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Chemicals subindustry, Westlake Chemical Partners LP's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Westlake Chemical Partners LP EV-to-OCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Westlake Chemical Partners LP's EV-to-OCF falls into.
Westlake Chemical Partners LP's current Enterprise Value is $1,639 Mil.
Westlake Chemical Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $466 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Westlake Chemical Partners LP (WLKP) has a EV-to-OCF of 3.52 as of Sep. 04, 2026. This is 17% below median its historical median of 4.25. Over the past decade, Westlake Chemical Partners LP's EV-to-OCF has ranged from 3.26 to 6.03. According to the industry distribution chart, Westlake Chemical Partners LP ranks #441 out of 1610 companies in the Chemicals industry, placing it in the top 27.4%.
Is Westlake Chemical Partners LP's EV-to-OCF too high?
Westlake Chemical Partners LP's current EV-to-OCF of 3.52 is 17% below median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 6.03. The Chemicals industry median EV-to-OCF is 11.54. Westlake Chemical Partners LP's value of 3.52 is 69.5% below this industry median. Based on the distribution chart, Westlake Chemical Partners LP ranks #441 out of 1610 companies in the Chemicals industry, which is above the industry midpoint. Overall, Westlake Chemical Partners LP has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's EV-to-OCF compare to LXU and TROX?
According to the Chemicals industry distribution chart, Westlake Chemical Partners LP ranks #441 out of 1610 companies for EV-to-OCF. This puts Westlake Chemical Partners LP in the upper half of its industry. The industry median EV-to-OCF is 11.54. Westlake Chemical Partners LP's value of 3.52 is 69.5% below this benchmark. Historically, Westlake Chemical Partners LP's own EV-to-OCF has ranged from 3.26 to 6.03 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 11.54, Westlake Chemical Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Chemicals company?
The median EV-to-OCF among Chemicals companies is 11.54, based on 1,610 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westlake Chemical Partners LP's current EV-to-OCF of 3.52 is 69.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median EV-to-OCF is 11.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westlake Chemical Partners LP's current EV-to-OCF is 3.52, which is 17% below median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake Chemical Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Westlake Chemical Partners LP (WLKP) is currently considered Fairly Valued. The stock's GF Value™ is $24.22, compared to a current price of $21.93 — trading 9.5% below its estimated fair value. The current EV-to-OCF is 3.52, which is 17% below median its 10-year median of 4.25 and 69.5% below the Chemicals industry median of 11.54. Westlake Chemical Partners LP's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current EV-to-OCF is 3.52 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Westlake Chemical Partners LP (WLKP) Overvalued in 2026?
Based on GuruFocus' analysis, Westlake Chemical Partners LP stock appears to be undervalued.
The current stock price of $21.93 is trading 9.5% below its estimated GF Value™ of $24.22.
GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.
Key valuation signals for WLKP:
EV-to-OCF: 3.52 (17% below median its 10-year median of 4.25)
GF Value™: $24.22 vs. price of $21.93 (9.5% below fair value)
Industry Position: 69.5% below the Chemicals median (#441 of 1610)
No single metric tells the full story. See the WLKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which 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. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
82GF Score
Get the complete analysis for WLKP
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WLKP has been successfully added to your 
