Celanese Corp (CE) is slightly undervalued and we do not publish a verdict for Westlake Chemical Partners LP (WLKP).
We publish an intrinsic value for CE but not for WLKP, so the two cannot be ranked on price.
Values as of the 20 Oct 2026 close.
Its through-the-cycle earnings (13.6% median margin), capitalised at 6.6% with no growth, values the shares at $55.31; the price of $47.52 is 14% below that value.
Leak Score 40/100 on 10 of 12 signals
Discounting its cash flows would put the shares at $126.63: 6 times the price of $21.05. A gap that size says more about a model than about the market. It usually means heavy debt, where a small error in the value of the business becomes a large one in the value of the shares, or a business our method does not describe. We do not publish a verdict on this one.
Leak Score 85/100 on 10 of 12 signals
| Metric | CE | WLKP |
|---|---|---|
| Verdict | Slightly undervalued | No reliable verdict |
| Price | $47.52 | $21.05 |
| Intrinsic value | $55.31 | — |
| Margin of safety | +14% | — |
| Leak Score | 40/100 (10/12) | 85/100 (10/12) |
| Market cap | $5.2B | $742M |
| Revenue growth, 5 years | 11.0% | 3.8% |
| Operating margin | 8.7% | 28.8% |
| Net margin | -12.0% | 4.7% |
| Return on equity | -24.6% | 11.5% |
| Debt to equity | 2.98 | 0.81 |
| P/E | — | 12.9x |
| Forward P/E | 7.7x | 12.4x |
| P/B | 1.3x | 1.5x |
| Dividend yield | 0.3% | 8.9% |