NYSE
WES
Last Price
US $43.13
KEY FIGURES
MKT CAP
$16.9B
EPS
TTM
$3.01
PEG
TTM
N/M
P/E
TTM
13.87x
P/S
TTM
4.41x
YIELD
8.51%
GROWTH
Revenue Y/Y
6.75%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $43.13
-31.69%
Default assumptions
EBITDA Multiple
Fair Value
Market $43.13
-54.46%
Default assumptions
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
Western Midstream Partners, LP cash flow to debt ratio of 24.56% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial stability - Healthy cash flow growth.
Western Midstream Partners, LP's free cash flow has increased 14.89% from $1.27G last year to $1.46G, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
Western Midstream Partners, LP's debt to equity ratio is 2.59, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
Western Midstream Partners, LP's debt has increased relative to shareholder equity from 2.52 last year to 2.59 today, signaling weakened financials
Financial risk - Net debt/EBITDA.
Western Midstream Partners, LP has a net debt to EBITDA ratio of 3.52x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial stability - ICR.
Western Midstream Partners, LP's interest coverage ratio of 8.95 indicates that earnings with good margin can cover interest payments on company debt
Financial risk - Profit margin growth.
Western Midstream Partners, LP's profit margin has decreased (-31.94%) in the last year from 43.65% to 29.70%, signaling decreasing performance
Financial stability - Short term assets vs short term liabilities.
Western Midstream Partners, LP's short-term assets of $1.66G exceed its short-term liabilities of $1.24G
Increasing performance - ROA.
Western Midstream Partners, LP's return on assets of 8.06% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
Western Midstream Partners, LP's return on equity of 34.98%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
Western Midstream Partners, LP's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Western Midstream Partners, LP had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Western Midstream Partners, LP has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Western Midstream Partners, LP has a free cash flow yield of 8.65%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
Western Midstream Partners, LP's yearly earnings has decreased -25.67% since last year from $1.57G to $1.17G, signaling decreasing performance
Increasing performance - Healthy revenue growth.
Western Midstream Partners, LP's yearly revenue has increased 6.61% since last year from $3.61G to $3.84G, signaling increasing performance
Increasing performance - ROIC.
ROIC 11.53% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
Increasing performance - 3-year revenue CAGR.
Western Midstream Partners, LP's 3-year revenue CAGR of 5.73% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Western Midstream Partners, LP had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Western Midstream Partners, LP had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Western Midstream Partners, LP is overvalued relative to its fair value price of 29.46 based on Discounted Cash Flow model
Undervalued - Earnings yield.
Western Midstream Partners, LP has an earnings yield of 7.01%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
Western Midstream Partners, LP is overvalued relative to its fair value price of 19.64 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Western Midstream Partners, LP has an EV/EBITDA ratio of 11.39x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Western Midstream Partners, LP has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Overvalued - P/B ratio.
Western Midstream Partners, LP has a price-to-book ratio of 5.10x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value
Undervalued - P/S ratio.
Western Midstream Partners, LP has a price-to-sales ratio of 4.18x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
34.98%
Return on equity
ROIC: 11.53%
Valuation History
13.9X
Price to Earnings
EV/EBITDA: 11.4X
Cash flow
Profit margin
10.78%
(FY vs FY)
Cash flow Y/Y
3.77%
(FY vs FY)
Base valuations use default assumptions. Customize in the Valuator.