Westlake Chemical Partners LP
NYSE:WLKP

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Westlake Chemical Partners LP
NYSE:WLKP
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Price: 21.89 USD 0.18% Market Closed
Market Cap: 771.4m USD

Relative Value

The Relative Value of one WLKP stock under the Base Case scenario is 48.9 USD. Compared to the current market price of 21.89 USD, Westlake Chemical Partners LP is Undervalued by 55%.

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
48.9 USD
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
66
Median 3Y
0.6
Median 5Y
0.6
Industry
1.6
Forward
0.6
vs History
7
vs Industry
49
Median 3Y
12.9
Median 5Y
11
Industry
21.9
Forward
14
vs History
3
vs Industry
74
Median 3Y
1.7
Median 5Y
1.7
Industry
13.9
vs History
3
vs Industry
53
Median 3Y
2.1
Median 5Y
2
Industry
22.8
vs History
14
vs Industry
21
Median 3Y
2.6
Median 5Y
2.5
Industry
1.7
vs History
23
vs Industry
59
Median 3Y
0.9
Median 5Y
0.9
Industry
1.7
Forward
0.9
vs History
6
vs Industry
70
Median 3Y
2.8
Median 5Y
2.7
Industry
7.3
vs History
9
vs Industry
71
Median 3Y
2.3
Median 5Y
2.2
Industry
13.1
Forward
2.6
vs History
6
vs Industry
68
Median 3Y
3
Median 5Y
3
Industry
17.8
Forward
3.7
vs History
3
vs Industry
71
Median 3Y
2.5
Median 5Y
2.5
Industry
14.9
vs History
3
vs Industry
49
Median 3Y
2.8
Median 5Y
2.9
Industry
20.7
vs History
17
vs Industry
52
Median 3Y
0.9
Median 5Y
0.8
Industry
1.4

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
771.4m USD 0.7 14.7 2.5 3.3
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 -37 10.9 55.3
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD 11.8 36.4 -243.5 -243.5
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
702.8T IDR 11.1 34.2 -229 -229
UK
LyondellBasell Industries NV
NYSE:LYB
17.7B USD 0.5 70.9 9.3 18
CN
Hengli Petrochemical Co Ltd
SSE:600346
121.1B CNY 0.5 19.9 20.5 20.5
US
Dow Inc
NYSE:DOW
17.4B USD 0.4 -17.5 8.4 38.1
KR
LG Chem Ltd
KRX:051910
21.5T KRW 0.4 -20.4 6.1 32.5
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.3T INR 16.7 104.1 63.7 70.2
CN
Zhejiang Juhua Co Ltd
SSE:600160
96.9B CNY 3.8 30.5 24.5 24.5
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
92.1B CNY 0.3 196.5 29.8 29.8