Westlake Chemical Partners LP
NYSE:WLKP

Watchlist Manager
Westlake Chemical Partners LP Logo
Westlake Chemical Partners LP
NYSE:WLKP
Watchlist
Price: 22.28 USD -1.15% Market Closed
Market Cap: 785.1m USD

Relative Value

The Relative Value of one WLKP stock under the Base Case scenario is 44.5 USD. Compared to the current market price of 22.28 USD, Westlake Chemical Partners LP is Undervalued by 50%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WLKP Relative Value
Base Case
44.5 USD
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
9
vs Industry
66
Median 3Y
0.6
Median 5Y
0.6
Industry
1.4
Forward
0.6
vs History
3
vs Industry
49
Median 3Y
12.3
Median 5Y
10.6
Industry
20.5
Forward
13.8
vs History
17
vs Industry
74
Median 3Y
1.7
Median 5Y
1.7
Industry
12.9
vs History
19
vs Industry
53
Median 3Y
2.1
Median 5Y
1.9
Industry
20.5
vs History
7
vs Industry
21
Median 3Y
2.6
Median 5Y
2.5
Industry
1.6
vs History
7
vs Industry
59
Median 3Y
0.8
Median 5Y
0.9
Industry
1.6
Forward
0.9
vs History
3
vs Industry
70
Median 3Y
2.7
Median 5Y
2.7
Industry
6.8
vs History
3
vs Industry
71
Median 3Y
2.2
Median 5Y
2.2
Industry
12.4
Forward
2.5
vs History
3
vs Industry
68
Median 3Y
3
Median 5Y
2.9
Industry
16.8
Forward
3.5
vs History
20
vs Industry
71
Median 3Y
2.4
Median 5Y
2.5
Industry
13.9
vs History
17
vs Industry
49
Median 3Y
2.8
Median 5Y
2.8
Industry
19.8
vs History
3
vs Industry
52
Median 3Y
0.9
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

WLKP Competitors Multiples
Westlake Chemical Partners LP Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Westlake Chemical Partners LP
NYSE:WLKP
785.1m USD 0.7 15 2.5 3.3
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 148.4 11.8 37.9
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
912.6T IDR 29.1 -913.8 -1 121.6 -1 121.6
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD 23.5 -738.7 -908 -908
US
Dow Inc
NYSE:DOW
20B USD 0.5 71.2 8.1 25
UK
LyondellBasell Industries NV
NYSE:LYB
18.1B USD 0.5 17.1 9 17.9
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.4T INR 19.8 123.6 78.8 86.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
109.5B CNY 0.5 15.7 19.1 19.1
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
83B CNY 0.3 109.1 27.8 27.8
JP
Toray Industries Inc
TSE:3402
1.5T JPY 0.6 19.7 6.8 13.7
KR
LG Chem Ltd
KRX:051910
14.3T KRW 0.3 -15.3 5 27.1