-0.59%
0.44%
-12.72%
-22.12%
-16.76%
16.74%
88.17%
AI Spotlight on WLK
Company Description
Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide.It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products.The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products.
The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various consumer and commercial products such as landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls.The company offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, and coatings, as well as other durable and non-durable goods.The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022.
The company was founded in 1986 and is headquartered in Houston, Texas.Westlake Corporation is a subsidiary of TTWF LP.
Market Data
| Last Price | 115.16 |
| Change Percentage | -0.59% |
| Open | 115.14 |
| Previous Close | 115.84 |
| Market Cap ( Millions) | 14822 |
| Volume | 188445 |
| Year High | 162.64 |
| Year Low | 108.95 |
| M A 50 | 119.78 |
| M A 200 | 139.35 |
Financial Ratios
| FCF Yield | 3.02% |
| Dividend Yield | 1.78% |
| ROE | 0.94% |
| Debt / Equity | 50.14% |
| Net Debt / EBIDTA | 166.62% |
| Price To Book | 1.39 |
| Price Earnings Ratio | 151.16 |
| Price To FCF | 33.08 |
| Price To sales | 1.22 |
| EV / EBITDA | 11.83 |
News
- Jan -16 - Westlake Chemical Partners: A Stable Dividend Stock For An 8% Yield
- Dec -20 - Westlake's Unit Announces Investment in Universal Matter
- Dec -18 - Westlake Royal Building Products Launches Dryroll Ridge Vent
- Dec -17 - Westlake Royal Building Products™ Introduces Tapco Tape™ Accessory for Tapco Tools® Brakes
- Dec -17 - Westlake Innovations Invests in Universal Matter
- Dec -16 - Westlake Royal Building Products Introduces Dryroll™ Universal Ridge Vent and Weather Block
- Dec -10 - Westlake Corporation Appoints New Director to its Board
- Nov -27 - Westlake Releases 2023 Sustainability Report
- Nov -15 - Westlake Corporation Declares Quarterly Dividend
- Nov -12 - Westlake's Q3 Earnings and Revenues Miss Estimates on Lower Volumes
- Nov -11 - Westlake Royal Building Products™ Expands Partnership with Alexandria Moulding for Versetta Stone® Distribution
- Nov -05 - Westlake Corporation (WLK) Q3 2024 Earnings Call Transcript
- Nov -05 - Here's What Key Metrics Tell Us About Westlake (WLK) Q3 Earnings
- Nov -05 - Westlake Chemical (WLK) Lags Q3 Earnings and Revenue Estimates
- Nov -05 - Westlake Corporation Reports Third Quarter 2024 Results
- Nov -05 - Westlake Chemical Partners LP Announces Third Quarter 2024 Results
- Nov -04 - Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend
- Oct -31 - Westlake Royal Building Products™ Bolsters Newpoint™ Concrete Roof Tile Operations, Capacity in Florida to Meet Regional Demand
- Oct -24 - Westlake Epoxy Joins B4 Consortium in Western North Brabant
- Oct -17 - Westlake Global Compounds Sites Receive Silver Medal from EcoVadis
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Performance and Essential Materials
Expected Growth : 4.5 %
What the company do ?
Westlake Corporation's Performance and Essential Materials segment produces polyethylene, polypropylene, and other chemicals used in packaging, automotive, and construction industries.
Why we expect these perspectives ?
Westlake Corporation's Performance and Essential Materials segments drove 4.5% growth, fueled by increasing demand for polyethylene and polyvinyl chloride (PVC) in construction and packaging, as well as higher sales volumes and prices in the chlor-alkali business, supported by a strong global economy and infrastructure development.
Segment n°2 -> Housing and Infrastructure Products
Expected Growth : 5.5 %
What the company do ?
Housing and Infrastructure Products from Westlake Corporation provide building materials and infrastructure solutions, including pipes, fittings, and building products for residential and commercial construction.
Why we expect these perspectives ?
Westlake Corporation's Housing and Infrastructure Products segment growth of 5.5% is driven by increasing demand for polyvinyl chloride (PVC) pipes and fittings, growth in residential construction, and infrastructure development projects. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to the segment's growth.
Westlake Corporation Products
| Product Range | What is it ? |
|---|---|
| Petrochemicals | Westlake Corporation produces a range of petrochemicals, including ethylene, propylene, and butadiene, which are used as building blocks for various downstream products. |
| Vinyls | Westlake Corporation manufactures a variety of vinyl products, including PVC resin, vinyl chloride monomer, and vinyl compounds. |
| Olefins | Westlake Corporation produces olefins, including ethylene and propylene, which are used as feedstocks for the production of various chemicals and plastics. |
| Polyethylene | Westlake Corporation manufactures a range of polyethylene resins, including HDPE, LDPE, and LLDPE, which are used in various applications. |
| Polypropylene | Westlake Corporation produces polypropylene resins, which are used in various applications, including packaging, automotive, and construction. |
| Chlor-Alkali | Westlake Corporation produces chlorine, caustic soda, and other chlor-alkali products, which are used in various industries. |
Westlake Corporation's Porter Forces
Threat Of Substitutes
Westlake Corporation's threat of substitutes is moderate due to the availability of alternative energy sources and the increasing adoption of electric vehicles.
Bargaining Power Of Customers
Westlake Corporation's customers have limited bargaining power due to the company's strong brand reputation and diversified product offerings.
Bargaining Power Of Suppliers
Westlake Corporation's suppliers have moderate bargaining power due to the company's dependence on a few key suppliers for raw materials.
Threat Of New Entrants
The threat of new entrants in the energy industry is low due to the high barriers to entry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry in the energy industry is high due to the presence of several established players and the ongoing competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 32.39% |
| Debt Cost | 4.51% |
| Equity Weight | 67.61% |
| Equity Cost | 10.42% |
| WACC | 8.51% |
| Leverage | 47.91% |
Westlake Corporation : Quality Control
Westlake Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ESI | Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment … |
| OLN | Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali … |
| MTX | Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company operates through three segments: Performance Materials, Specialty Minerals … |
| FUL | H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: … |
| BCPC | Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets in the United States … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Balchem
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Element Solutions
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Olin
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4
H.B. Fuller
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5
Westlake
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1-Year Total Return ->
6
