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Westlake Chemical Partners LP (Westlake Chemical Partners LP) EV-to-EBITDA : 2.36 (As of Apr. 27, 2024)


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What is Westlake Chemical Partners LP EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Westlake Chemical Partners LP's enterprise value is $1,115 Mil. Westlake Chemical Partners LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $472 Mil. Therefore, Westlake Chemical Partners LP's EV-to-EBITDA for today is 2.36.

The historical rank and industry rank for Westlake Chemical Partners LP's EV-to-EBITDA or its related term are showing as below:

WLKP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.13   Med: 3.65   Max: 4.49
Current: 2.36

During the past 13 years, the highest EV-to-EBITDA of Westlake Chemical Partners LP was 4.49. The lowest was 1.13. And the median was 3.65.

WLKP's EV-to-EBITDA is ranked better than
95.4% of 1304 companies
in the Chemicals industry
Industry Median: 13.72 vs WLKP: 2.36

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-27), Westlake Chemical Partners LP's stock price is $21.92. Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.540. Therefore, Westlake Chemical Partners LP's PE Ratio for today is 14.23.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Westlake Chemical Partners LP EV-to-EBITDA Historical Data

The historical data trend for Westlake Chemical Partners LP's EV-to-EBITDA can be seen below:

* 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.

* Premium members only.

Westlake Chemical Partners LP EV-to-EBITDA Chart

Westlake Chemical Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 4.07 3.86 3.77 3.56

Westlake Chemical Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 3.47 3.58 3.53 3.56

Competitive Comparison of Westlake Chemical Partners LP's EV-to-EBITDA

For the Chemicals subindustry, Westlake Chemical Partners LP's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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's EV-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Westlake Chemical Partners LP's EV-to-EBITDA falls into.



Westlake Chemical Partners LP EV-to-EBITDA Calculation

Westlake Chemical Partners LP's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1115.369/472.143
=2.36

Westlake Chemical Partners LP's current Enterprise Value is $1,115 Mil.
Westlake Chemical Partners LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $472 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  (NYSE:WLKP) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Westlake Chemical Partners LP's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.92/1.540
=14.23

Westlake Chemical Partners LP's share price for today is $21.92.
Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.540.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Westlake Chemical Partners LP EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Westlake Chemical Partners LP's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Westlake Chemical Partners LP (Westlake Chemical Partners LP) Business Description

Traded in Other Exchanges
N/A
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. Its operations are conducted through OpCo, it acquires and develop ethyelene 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.
Executives
Andrew Kenner officer: SVP, Olefin Material & Corp Pr 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Randy Woelfel director 3411-3433 W. EL SEGUNDO BLVD., HAWTHORNE CA 90250
G Stephen Finley director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lisa A. Friel director 2611 PLUM HOLLOW, SAN ANTONIO TX 78258
James Chao director, 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: VP, Olefins Feedstock & Energy 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Albert Chao director, 10 percent owner, officer: President & CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
L. Benjamin Ederington director, officer: VP, General Counsel 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender director, officer: Sr VP, CFO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: SVP, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Blackstone Securities Partners L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154-0191

Westlake Chemical Partners LP (Westlake Chemical Partners LP) Headlines