Westlake Chemical Stock Shares Outstanding
WLK Stock | USD 129.16 1.25 0.98% |
Westlake Chemical fundamentals help investors to digest information that contributes to Westlake Chemical's financial success or failures. It also enables traders to predict the movement of Westlake Stock. The fundamental analysis module provides a way to measure Westlake Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westlake Chemical stock.
Common Stock Shares Outstanding is expected to rise to about 136 M this year. Westlake | Shares Outstanding |
Westlake Chemical Company Shares Outstanding Analysis
Westlake Chemical's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Westlake Chemical Shares Outstanding | 128.71 M |
Most of Westlake Chemical's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westlake Chemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Westlake Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Westlake Chemical is extremely important. It helps to project a fair market value of Westlake Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Westlake Chemical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westlake Chemical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westlake Chemical's interrelated accounts and indicators.
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Westlake Shares Outstanding Historical Pattern
Today, most investors in Westlake Chemical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Westlake Chemical's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Westlake Chemical shares outstanding as a starting point in their analysis.
Westlake Chemical Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Westlake Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Westlake Chemical has 128.71 M of shares currently outstending. This is 79.05% lower than that of the Chemicals sector and 19.35% higher than that of the Materials industry. The shares outstanding for all United States stocks is 77.49% higher than that of the company.
Westlake Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westlake Chemical's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westlake Chemical could also be used in its relative valuation, which is a method of valuing Westlake Chemical by comparing valuation metrics of similar companies.Westlake Chemical is currently under evaluation in shares outstanding category among its peers.
Westlake Chemical Current Valuation Drivers
We derive many important indicators used in calculating different scores of Westlake Chemical from analyzing Westlake Chemical's financial statements. These drivers represent accounts that assess Westlake Chemical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Westlake Chemical's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 9.0B | 10.4B | 12.4B | 13.1B | 17.9B | 18.8B | |
Enterprise Value | 11.7B | 12.7B | 15.7B | 15.8B | 20.1B | 21.1B |
Westlake Chemical ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Westlake Chemical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westlake Chemical's managers, analysts, and investors.Environmental | Governance | Social |
Westlake Fundamentals
Return On Equity | 0.0126 | |||
Return On Asset | 0.0246 | |||
Profit Margin | 0.01 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 18.89 B | |||
Shares Outstanding | 128.71 M | |||
Shares Owned By Insiders | 73.35 % | |||
Shares Owned By Institutions | 26.76 % | |||
Number Of Shares Shorted | 1.09 M | |||
Price To Earning | 4.53 X | |||
Price To Book | 1.54 X | |||
Price To Sales | 1.37 X | |||
Revenue | 12.55 B | |||
Gross Profit | 4.07 B | |||
EBITDA | 2.33 B | |||
Net Income | 479 M | |||
Cash And Equivalents | 2.23 B | |||
Cash Per Share | 13.94 X | |||
Total Debt | 5.52 B | |||
Debt To Equity | 0.52 % | |||
Current Ratio | 2.48 X | |||
Book Value Per Share | 82.84 X | |||
Cash Flow From Operations | 2.34 B | |||
Short Ratio | 2.70 X | |||
Earnings Per Share | 0.72 X | |||
Price To Earnings To Growth | 1.59 X | |||
Target Price | 156.13 | |||
Number Of Employees | 15.52 K | |||
Beta | 1.19 | |||
Market Capitalization | 16.62 B | |||
Total Asset | 21.04 B | |||
Retained Earnings | 10.14 B | |||
Working Capital | 3.82 B | |||
Current Asset | 2.18 B | |||
Current Liabilities | 522.64 M | |||
Annual Yield | 0.02 % | |||
Five Year Return | 1.32 % | |||
Net Asset | 21.04 B | |||
Last Dividend Paid | 2.05 |
About Westlake Chemical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westlake Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westlake Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westlake Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 2.05 | Earnings Share 0.72 | Revenue Per Share 94.405 | Quarterly Revenue Growth 0.001 |
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.