NYSE
WES
Last Price
US $48.29
KEY FIGURES
MKT CAP
$20.0B
EPS
TTM
$3.18
EPS Growth (1Y)
-25.37%
PEG
TTM
0.74x
P/E
TTM
15.20x
P/S
TTM
4.44x
YIELD
7.62%
GROWTH (5Y CAGR)
Revenue
6.75%
EBITDA
Cash Flow (DCF)
Fair Value
Market $48.29
-38.99%
Default assumptions
EBITDA Multiple
Fair Value
Market $48.29
-59.33%
Default assumptions
Valuation
Financial
Performance
Cash flow to 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.
Free cash flow growth
Western Midstream Partners, LP's free cash flow has increased 14.89% from $1.27B last year to $1.46B, signaling increasing performance
Debt-to-equity ratio
Western Midstream Partners, LP's debt to equity ratio is 2.14, which means that the company's assets are unhealthy financed, signaling financial risk.
Debt-to-equity trend
Western Midstream Partners, LP's debt has decreased relative to shareholder equity from 2.52 last year to 2.14 today, signaling strengthened financials
Net debt to 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
Interest coverage
Western Midstream Partners, LP's interest coverage ratio of 8.60 indicates that earnings with good margin can cover interest payments on company debt
Profit margin growth
Western Midstream Partners, LP's profit margin has decreased (33.11%) in the last year from 43.65% to 29.20%, signaling decreasing performance
Current ratio
Western Midstream Partners, LP's short-term assets of $1.66B exceed its short-term liabilities of $1.24B
Return on assets
Western Midstream Partners, LP's return on assets of 7.75% is higher than the 5.00% threshold, indicating efficient asset utilization
Return on equity
Western Midstream Partners, LP's return on equity of 34.12%, is higher than 15.00%, indicating good performance
Earnings quality
Western Midstream Partners, LP's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Earnings stability
Western Midstream Partners, LP had positive net income in 5 out of 5 years, indicating stable and consistent earnings
Positive free cash flow
Western Midstream Partners, LP has positive free cash flow, indicating the company generates cash after capital expenditures
Free cash flow yield
Western Midstream Partners, LP has a free cash flow yield of 7.48%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Earnings growth
Western Midstream Partners, LP's yearly earnings has decreased 25.67% since last year from $1.57B to $1.17B, signaling decreasing performance
Revenue growth
Western Midstream Partners, LP's yearly revenue has increased 6.61% since last year from $3.61B to $3.84B, signaling increasing performance
Return on invested capital
ROIC 11.08% (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.
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
Revenue consistency
Western Midstream Partners, LP had revenue growth in 4 out of 5 years, indicating consistent revenue performance
Return on equity consistency
Western Midstream Partners, LP had positive ROE in 5 out of 5 years, indicating consistent and reliable returns on equity
Cash Flow Valuation (DCF)
Western Midstream Partners, LP is overvalued relative to its fair value price of 29.46 based on Discounted Cash Flow model
Earnings yield (TTM)
Western Midstream Partners, LP has an earnings yield of 6.70%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
EBITDA Valuation
Western Midstream Partners, LP is overvalued relative to its fair value price of 19.64 based on EBITDA multiple model
EV/EBITDA (FY)
Western Midstream Partners, LP has an EV/EBITDA ratio of 12.03x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
PEG ratio (TTM/FY)
Western Midstream Partners, LP has a PEG-ratio under 1 which is considered undervalued
Price-to-book ratio (FY)
Western Midstream Partners, LP has a price-to-book ratio of 4.29x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Price-to-sales ratio (TTM)
Western Midstream Partners, LP has a price-to-sales ratio of 4.36x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
34.12%
Return on equity
ROIC: 11.08%
Valuation History
15.0X
Price to Earnings
EV/EBITDA: 12.6X
Cash flow
Profit margin
10.78%
Cash flow
3.77%
Base valuations use default assumptions. Customize in the Valuator.