Westlake Chemical Corp (WLK) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Westlake Chemical Corp (WLK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Westlake Chemical Corp is a manufacturer and supplier of basic chemicals, vinyls, polymers and fabricated products that enhance the daily lives of people around the planet. It operates in two principal business segments, Olefins and Vinyls. Westlake Chemical Corp has a market cap of $14.01 billion; its shares were traded at around $108.49 with a P/E ratio of 23.59 and P/S ratio of 1.83. The dividend yield of Westlake Chemical Corp stocks is 0.74%. Westlake Chemical Corp had annual average EBITDA growth of 22.50% over the past ten years.
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The intrinsic value of WLK
For the last quarter Westlake Chemical Corp reported a revenue of $2.1 billion, compared with the revenue of $1.3 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $8 billion, an increase of 58.4% from last year. For the last five years Westlake Chemical Corp had an average revenue growth rate of 15.3% a year. The Westlake Chemical Corp had a decent operating margin of 15.33%, compared with the operating margin of 11.46% a year before. The 10-year historical median operating margin of Westlake Chemical Corp is 12.14%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, Westlake Chemical Corp has the cash and cash equivalents of $1.5 billion, compared with $459.5 million in the previous year. The long term debt was $3.1 billion, compared with $3.7 billion in the previous year. The interest coverage to the debt is 7.8. Westlake Chemical Corp has a financial strength rank of 5 (out of 10).
At the current stock price of $108.49, Westlake Chemical Corp is traded at 49.2% premium to its historical median P/S valuation band of $72.72. The P/S ratio of the stock is 1.83, while the historical median P/S ratio is 1.22. The stock gained 66.12% during the past 12 months.
For the complete 20-year historical financial data of WLK, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 8 Warning Signs with WLK. Click here to check it out.
The intrinsic value of WLK
