Contrasting Wave Sync (OTCMKTS:WAYS) and Westlake Chemical Partners (WLKP)

Westlake Chemical Partners (NYSE:WLKP) and Wave Sync (OTCMKTS:WAYS) are both small-cap basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, profitability, dividends and earnings.

Profitability

This table compares Westlake Chemical Partners and Wave Sync’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Westlake Chemical Partners 3.84% 5.16% 3.32%
Wave Sync N/A -1,106.34% -487.74%

Dividends

Westlake Chemical Partners pays an annual dividend of $1.73 per share and has a dividend yield of 7.6%. Wave Sync does not pay a dividend. Westlake Chemical Partners pays out 114.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Westlake Chemical Partners has increased its dividend for 4 consecutive years.

Valuation & Earnings

This table compares Westlake Chemical Partners and Wave Sync’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Westlake Chemical Partners $1.29 billion 0.57 $49.35 million $1.51 14.99
Wave Sync $230,000.00 0.00 -$4.86 million N/A N/A

Westlake Chemical Partners has higher revenue and earnings than Wave Sync.

Volatility & Risk

Westlake Chemical Partners has a beta of 0.62, suggesting that its share price is 38% less volatile than the S&P 500. Comparatively, Wave Sync has a beta of -0.07, suggesting that its share price is 107% less volatile than the S&P 500.

Insider & Institutional Ownership

45.6% of Westlake Chemical Partners shares are owned by institutional investors. 42.5% of Wave Sync shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Westlake Chemical Partners and Wave Sync, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Westlake Chemical Partners 0 1 1 0 2.50
Wave Sync 0 0 0 0 N/A

Westlake Chemical Partners presently has a consensus target price of $26.00, suggesting a potential upside of 14.89%.

Summary

Westlake Chemical Partners beats Wave Sync on 10 of the 12 factors compared between the two stocks.

Westlake Chemical Partners Company Profile

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was founded in 2014 and is headquartered in Houston, Texas.

Wave Sync Company Profile

Wave Sync Corp., a development stage company, engages in the design, development, and proliferation of next generation debit and credit cards for financial institutions in the United States. The company offers its products by employing secured encryption transmitted through audio wave technology. It also supplies and sells electronic inlays embedded with audio chips and other modules to card manufacturers. The company is based in Randolph, New Jersey.

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