Is Westlake Chemical Partners LP (WLKP) Overvalued?
We dive into why Westlake Chemical Partners LP (WLKP) could be considered overvalued on 2026-08-07, based on AAII’s Value Score and Grade.Michael Rose
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COMPANY SUMMARY
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. It’s ethylene production facilities which primarily convert ethane into ethylene. The company also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. It serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.
Commentary & Analysis
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Financial Summary
| Share Statistics | WLKP | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $758.8 | $4,010.9 | 41% |
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| Shares Out (Mil) | 35.2 | 92.2 | 40% |
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| Institutional Ownership | 97.3% | 82.8% | 73% |
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| Float (Mil) | 19.4 | 117.6 | 28% |
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| Beta | 0.51 | 0.78 | 29% |
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| Avg Daily Volume (000s) | 33 | 136 | 24% |
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| Price Change (52-week) |
(1.3%) | 84.6% | 44% |
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| Growth | WLKP | Industry Median |
Percentile (All Stocks) |
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| Sales (5yr) | 3.8% | 4.0% | 30% |
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| Net Income (5yr) | (6.0%) | (0.2%) | 33% |
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| EPS (5yr) | (6.0%) | 1.5% | 24 |
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| Dividends (5yr) | 0.0% | 0.0% | 89% |
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| Cash Flow (5yr) | (38.0%) | (15.3%) | 13% |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # of Estimates | 1 | 1 | 2 | |
| Current EPS | $0.400 | $1.580 | $1.856 | |
| Month Ago EPS | $0.670 | $1.883 | $1.707 | |
| # Rev Up | 1 | 1 | 1 | |
| # Rev Down | 0 | 1 | 1 | |
| Three Months Ago EPS | $0.400 | $1.883 | $1.856 | |
| Year/Year Chg | (1.0%) | 14.3% | 49.3% | |
| Financials | WLKP | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | $1,235 | $4,298 | 53% |
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| Net Income (TTM) (Mil) | $58 | $58 | 56% |
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| EPS (TTM) | $1.634 | $0.300 | 68% |
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| Operating Cash Flow (TTM) (Mil) | $466 | $446 | 70% |
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| Net Cash Flow (TTM) (Mil) | $13 | $4 | 58% |
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| Long-Term Debt (Q1) (Mil) | $400 | $1,795 | 56% |
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| Enterprise Value (Q1) (Mil) | $1,387 | $5,576 | 45% |
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| Valuation | WLKP | Industry Median |
Percentile (All Stocks) |
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| P/B | 1.53 | 1.60 | 39% |
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| P/E | 13.2 | 25.4 | 31% |
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| Dividend Yield | 8.8% | 1.2% | 98% |
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| PEG (5yr hist) | na | 1.7 | na |
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| Ratios | WLKP | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | 31.2% | 27.5% | 37% |
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| Net Margin | 4.7% | 3.0% | 47% |
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| ROA | 4.6% | 1.5% | 70% |
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| ROE | 11.5% | 3.9% | 62% |
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| Liabilities to Assets | 36.8% | 54.0% | 28% |
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| F-Score | 7 | 5 | 82% |
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Passing Stock Screens
As of 8/20/2026, from a list of 60 stock screening strategies,
GURU STRATEGY
Magic Formula Screen
Factors: Value, Quality
Joel Greenblatt's investing approach is based on finding companies with high return on investment that are trading for less than they are worth.
| Performance Since Inception: | 6.8% |
| +/- S&P 500: | -0.7 |
FACTOR STRATEGY
Price-to-Free-Cash-Flow Screen
Factors: Value
An exploration of the basics of cash flow analysis and the implementation of a price-to-free-cash-flow screen.
| Performance Since Inception: | 16.7% |
| +/- S&P 500: | +9.2 |
