Westlake Corporation

DB:UEO Stock Report

Market Cap: €12.6b

Westlake Valuation

Is UEO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of UEO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€112.63
Fair Value
12.5% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: UEO (€98.5) is trading below our estimate of fair value (€112.63)

Significantly Below Fair Value: UEO is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for UEO?

Key metric: As UEO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for UEO. This is calculated by dividing UEO's market cap by their current earnings.
What is UEO's PE Ratio?
PE Ratio23x
EarningsUS$599.00m
Market CapUS$13.76b

Price to Earnings Ratio vs Peers

How does UEO's PE Ratio compare to its peers?

The above table shows the PE ratio for UEO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.2x
FPE3 Fuchs
21.7x8.4%€5.7b
EVK Evonik Industries
45.7x29.2%€10.1b
SIM0 SIMONA
9.9xn/a€306.0m
SY1 Symrise
27.5x11.1%€13.1b
UEO Westlake
23x26.9%€13.8b

Price-To-Earnings vs Peers: UEO is good value based on its Price-To-Earnings Ratio (23x) compared to the peer average (27.7x).

Price to Earnings Ratio vs Industry

How does UEO's PE Ratio compare vs other companies in the European Chemicals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
UEO 23.0xIndustry Avg. 18.5xNo. of Companies10PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: UEO is expensive based on its Price-To-Earnings Ratio (23x) compared to the European Chemicals industry average (18.5x).

Price to Earnings Ratio vs Fair Ratio

What is UEO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UEO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23x
Fair PE Ratio31.8x

Price-To-Earnings vs Fair Ratio: UEO is good value based on its Price-To-Earnings Ratio (23x) compared to the estimated Fair Price-To-Earnings Ratio (31.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst UEO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€98.50
€124.28
+26.2%
9.5%€156.44€103.66n/a16
Mar ’26€108.00
€126.89
+17.5%
9.5%€159.58€105.74n/a16
Feb ’26€110.00
€138.30
+25.7%
9.5%€166.85€123.94n/a16
Jan ’26€108.00
€147.44
+36.5%
8.0%€168.86€125.44n/a15
Dec ’25€121.00
€148.95
+23.1%
6.1%€166.95€128.79n/a15
Nov ’25€121.00
€151.45
+25.2%
7.7%€170.39€124.34n/a16
Oct ’25€134.00
€147.42
+10.0%
8.5%€167.13€121.96n/a16
Sep ’25€130.00
€144.41
+11.1%
8.7%€165.30€120.62n/a17
Aug ’25€133.00
€146.44
+10.1%
9.7%€170.27€113.21n/a16
Jul ’25€133.00
€149.92
+12.7%
9.8%€172.29€114.55n/a16
Jun ’25€147.00
€147.30
+0.2%
9.9%€170.35€113.26n/a16
May ’25€138.00
€143.90
+4.3%
10.8%€172.83€114.91n/a17
Apr ’25€141.00
€131.72
-6.6%
9.9%€168.98€112.35n/a17
Mar ’25€126.00
€131.94
+4.7%
9.8%€170.72€113.50€108.0016
Feb ’25€128.00
€131.05
+2.4%
9.5%€170.81€113.57€110.0016
Jan ’25€127.00
€125.37
-1.3%
10.2%€159.06€98.16€108.0016
Dec ’24€121.00
€122.45
+1.2%
11.8%€159.92€98.69€121.0015
Nov ’24€109.00
€126.29
+15.9%
11.9%€164.12€101.28€121.0015
Oct ’24€117.00
€127.81
+9.2%
11.9%€163.78€101.08€134.0016
Sep ’24€123.00
€126.01
+2.4%
11.7%€160.62€99.12€130.0017
Aug ’24€124.00
€113.27
-8.7%
8.0%€133.41€96.06€133.0017
Jul ’24€109.00
€114.32
+4.9%
8.2%€126.44€97.12€133.0018
Jun ’24€97.50
€118.28
+21.3%
8.5%€134.74€100.12€147.0017
May ’24€103.00
€113.22
+9.9%
7.9%€128.09€97.89€138.0016
Apr ’24€106.00
€116.36
+9.8%
8.3%€134.26€97.39€141.0016
Mar ’24€114.00
€112.90
-1.0%
10.3%€133.86€94.27€126.0017
Analyst Price Target
Consensus Narrative from 16 Analysts
€121.08
Fair Value
18.7% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/15 20:50
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Westlake Corporation is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAlembic Global Advisors
Michael LeitheadBarclays
Frank MitschBB&T Capital Markets