Westlake Chemical Partners LP (WLKP)

NYSE: WLKP · IEX Real-Time Price · USD
22.20
-0.03 (-0.13%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

WLKP has a market cap or net worth of $781.89 million. The enterprise value is $1.12 billion.

Market Cap 781.89M
Enterprise Value 1.12B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, before market open.

Earnings Date May 2, 2024
Ex-Dividend Date Feb 1, 2024

Share Statistics

WLKP has 35.23 million shares outstanding. The number of shares has increased by 0.02% in one year.

Shares Outstanding 35.23M
Shares Change (YoY) +0.02%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 45.22%
Owned by Institutions (%) 34.22%
Float 19.26M

Valuation Ratios

The trailing PE ratio is 14.44 and the forward PE ratio is 13.37. WLKP's PEG ratio is 0.23.

PE Ratio 14.44
Forward PE 13.37
PS Ratio 0.66
Forward PS 0.66
PB Ratio 2.79
P/FCF Ratio 1.93
PEG Ratio 0.23
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.85, with an EV/FCF ratio of 2.77.

EV / Earnings 20.69
EV / Sales 0.94
EV / EBITDA 5.85
EV / EBIT 13.76
EV / FCF 2.77

Financial Position

The company has a current ratio of 4.02, with a Debt / Equity ratio of 1.43.

Current Ratio 4.02
Quick Ratio 3.93
Debt / Equity 1.43
Debt / EBITDA 2.08
Debt / FCF 0.99
Interest Coverage 3.08

Financial Efficiency

Return on equity (ROE) is 19.10% and return on invested capital (ROIC) is 51.86%.

Return on Equity (ROE) 19.10%
Return on Assets (ROA) 4.10%
Return on Capital (ROIC) 51.86%
Revenue Per Employee $549,005
Profits Per Employee $25,027
Employee Count 2,169
Asset Turnover 0.89
Inventory Turnover 175.65

Taxes

In the past 12 months, WLKP has paid $813,000 in taxes.

Income Tax 813,000
Effective Tax Rate 1.48%

Stock Price Statistics

The stock price has increased by +0.02% in the last 52 weeks. The beta is 1.07, so WLKP's price volatility has been similar to the market average.

Beta (1Y) 1.07
52-Week Price Change +0.02%
50-Day Moving Average 22.51
200-Day Moving Average 22.17
Relative Strength Index (RSI) 46.85
Average Volume (30 Days) 29,711

Short Selling Information

The latest short interest is 117,647, so 0.33% of the outstanding shares have been sold short.

Short Interest 117,647
Short Previous Month 112,265
Short % of Shares Out 0.33%
Short % of Float 0.61%
Short Ratio (days to cover) 3.15

Income Statement

In the last 12 months, WLKP had revenue of $1.19 billion and earned $54.28 million in profits. Earnings per share was $1.54.

Revenue 1.19B
Gross Profit 387.46M
Operating Income 357.71M
Pretax Income 55.10M
Net Income 54.28M
EBITDA 191.80M
EBIT 81.60M
Earnings Per Share (EPS) $1.54
Full Income Statement

Balance Sheet

The company has $58.62 million in cash and $399.67 million in debt, giving a net cash position of -$341.06 million or -$9.68 per share.

Cash & Cash Equivalents 58.62M
Total Debt 399.67M
Net Cash -341.06M
Net Cash Per Share -$9.68
Equity / Book Value 279.93M
Book Value Per Share 7.95
Working Capital 169.87M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $452.00 million and capital expenditures -$46.82 million, giving a free cash flow of $405.18 million.

Operating Cash Flow 452.00M
Capital Expenditures -46.82M
Free Cash Flow 405.18M
FCF Per Share $11.50
Full Cash Flow Statement

Margins

Gross margin is 32.54%, with operating and profit margins of 30.04% and 4.56%.

Gross Margin 32.54%
Operating Margin 30.04%
Pretax Margin 4.63%
Profit Margin 4.56%
EBITDA Margin 16.11%
EBIT Margin 6.85%
FCF Margin 34.03%

Dividends & Yields

This stock pays an annual dividend of $1.89, which amounts to a dividend yield of 8.49%.

Dividend Per Share $1.89
Dividend Yield 8.49%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 122.44%
Buyback Yield -0.02%
Shareholder Yield 8.46%
Earnings Yield 6.94%
FCF Yield 51.82%
Dividend Details

Analyst Forecast

The average price target for WLKP is $27.00, which is 21.62% higher than the current price. The consensus rating is "Strong Buy".

Price Target $27.00
Price Target Difference 21.62%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6