ScoreWhy is Westlake Chemical Partners LP ?
1
High Management Efficiency with a high ROCE of 41.50%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.74 times
3
Poor long term growth as Operating profit has grown by an annual rate -1.43% of over the last 5 years
4
The company declared very negative results in Mar'25 after flat results in Dec'24
- OPERATING CASH FLOW(Y) Lowest at USD 313.39 MM
- NET PROFIT(HY) At USD 19.51 MM has Grown at -33.34%
- RAW MATERIAL COST(Y) Grown by 8.06% (YoY)
5
With ROCE of 39.90%, it has a very attractive valuation with a 1.32 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -18.13%, its profits have fallen by -3.3%
6
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -18.13% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Westlake Chemical Partners LP should be less than 10%
- Overall Portfolio exposure to Specialty Chemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Westlake Chemical Partners LP for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Westlake Chemical Partners LP
2.4%
-0.75
17.44%
S&P 500
25.41%
0.70
20.15%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
3.82%
EBIT Growth (5y)
-2.04%
EBIT to Interest (avg)
25.44
Debt to EBITDA (avg)
0.74
Net Debt to Equity (avg)
0.69
Sales to Capital Employed (avg)
1.27
Tax Ratio
0.23%
Dividend Payout Ratio
136.46%
Pledged Shares
0
Institutional Holding
32.03%
ROCE (avg)
41.50%
ROE (avg)
66.20%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
3
Industry P/E
Price to Book Value
1.53
EV to EBIT
3.51
EV to EBITDA
2.50
EV to Capital Employed
1.31
EV to Sales
0.96
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
37.31%
ROE (Latest)
59.58%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
INTEREST COVERAGE RATIO(Q)
Highest at 2,376.95
INVENTORY TURNOVER RATIO(HY)
Highest at 290.84 times
RAW MATERIAL COST(Y)
Fallen by -36.35% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 9.02 times
-2What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD 344.89 MM
Here's what is working for Westlake Chemical Partners LP
Interest Coverage Ratio
Highest at 2,376.95 and Grown
In each period in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Inventory Turnover Ratio
Highest at 290.84 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 9.02 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -36.35% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Westlake Chemical Partners LP
Operating Cash Flow
Lowest at USD 344.89 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
