Westlake Chemical Partners LP
NYSE:WLKP
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (1.8), the stock would be worth $14.04 (38% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.8 | $22.53 |
0%
|
| 3-Year Average | 1.8 | $14.04 |
-38%
|
| 5-Year Average | 1.8 | $14 |
-38%
|
| Industry Average | 12.5 | $99.83 |
+343%
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| Country Average | 13.3 | $106.14 |
+371%
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Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Westlake Chemical Partners LP
NYSE:WLKP
|
794.1m USD | 2.8 | 16.3 | |
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR | 14.3 | -8.8 | |
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD | 130.2 | 41.8 | |
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
497.4T IDR | 84 | 27 | |
| US |
|
Dow Inc
NYSE:DOW
|
27.3B USD | 26.5 | -10.4 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
148.5B CNY | 5.3 | 16.6 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
22.9B USD | 10.1 | -30.4 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
696.3B TWD | 80.5 | 154.1 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
29.7T KRW | 3.6 | -16.3 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
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124.3B CNY | 3.2 | 168.8 | |
| CN |
G
|
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
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112.4B CNY | 95.1 | 82.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 8.8 |
| Median | 13.3 |
| 70th Percentile | 20.1 |
| Max | 3 188 432.5 |
Other Multiples
Westlake Chemical Partners LP
Glance View
Westlake Chemical Partners LP engages in the operation, acquisition and development of ethylene production facilities and related assets. The company is headquartered in Houston, Texas. The company went IPO on 2014-07-30. The firm operates, acquires and develop ethylene production facilities and related assets. Its business and operations are conducted through Westlake Chemical OpCo LP (OpCo). OpCo's assets are comprised of three ethylene production facilities, which primarily convert ethane into ethylene and have an aggregate annual capacity of approximately 3.7 billion pounds, and a 200-mile ethylene pipeline. OpCo owns two ethylene production facilities at Westlake's Lake Charles, Louisiana site (Petro 1 and Petro 2, collectively Lake Charles Olefins), with an annual combined capacity of approximately three billion pounds, and one ethylene production facility at Westlake's Calvert City, Kentucky site (Calvert City Olefins), with an annual capacity of approximately 730 million pounds. OpCo produces ethylene co-products, including chemical grade propylene, crude butadiene, pyrolysis gasoline and hydrogen.
