OGE ENERGY CORP (OGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OGE - US6708371033 - Common Stock
42.5 USD
-0.77 (-1.78%)
42.5 USD
0 (0%)
Overall OGE gets a fundamental rating of 4 out of 10. We evaluated OGE against 48 industry peers in the Electric Utilities industry. While OGE is still in line with the averages on profitability rating, there are concerns on its financial health. OGE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OGE was profitable.
In the past year OGE had a positive cash flow from operations.
OGE had positive earnings in 4 of the past 5 years.
OGE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.53%, OGE is doing good in the industry, outperforming 75.00% of the companies in the same industry.
OGE's Return On Equity of 10.49% is in line compared to the rest of the industry. OGE outperforms 54.17% of its industry peers.
OGE has a better Return On Invested Capital (5.41%) than 81.25% of its industry peers.
OGE had an Average Return On Invested Capital over the past 3 years of 4.95%. This is in line with the industry average of 4.97%.
The last Return On Invested Capital (5.41%) for OGE is above the 3 year average (4.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 10.49% | ||
| ROIC | 5.41% |
ROA(3y)3.93%
ROA(5y)3.2%
ROE(3y)11.28%
ROE(5y)9.45%
ROIC(3y)4.95%
ROIC(5y)4.65%
1.3 Margins
The Profit Margin of OGE (15.28%) is better than 62.50% of its industry peers.
In the last couple of years the Profit Margin of OGE has declined.
The Operating Margin of OGE (25.60%) is better than 70.83% of its industry peers.
OGE's Operating Margin has improved in the last couple of years.
OGE's Gross Margin of 61.34% is in line compared to the rest of the industry. OGE outperforms 50.00% of its industry peers.
OGE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.6% | ||
| PM (TTM) | 15.28% | ||
| GM | 61.34% |
OM growth 3Y18.79%
OM growth 5Y2.01%
PM growth 3Y-9.84%
PM growth 5Y-5.31%
GM growth 3Y15.25%
GM growth 5Y-0.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OGE is destroying value.
The number of shares outstanding for OGE has been increased compared to 1 year ago.
OGE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OGE has a worse debt to assets ratio.
2.2 Solvency
OGE has an Altman-Z score of 1.34. This is a bad value and indicates that OGE is not financially healthy and even has some risk of bankruptcy.
OGE has a better Altman-Z score (1.34) than 77.08% of its industry peers.
OGE has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
OGE has a Debt to Equity ratio of 1.22. This is in the better half of the industry: OGE outperforms 64.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.34 |
ROIC/WACC0.76
WACC7.09%
2.3 Liquidity
OGE has a Current Ratio of 0.80. This is a bad value and indicates that OGE is not financially healthy enough and could expect problems in meeting its short term obligations.
OGE has a Current ratio (0.80) which is comparable to the rest of the industry.
OGE has a Quick Ratio of 0.80. This is a bad value and indicates that OGE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.52, OGE is doing worse than 79.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.50% over the past year.
OGE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.18% yearly.
OGE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.03%.
The Revenue has been growing slightly by 5.99% on average over the past years.
EPS 1Y (TTM)28.5%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%4.59%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%
3.2 Future
The Earnings Per Share is expected to grow by 6.73% on average over the next years.
OGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.49% yearly.
EPS Next Y5.46%
EPS Next 2Y5.9%
EPS Next 3Y6.13%
EPS Next 5Y6.73%
Revenue Next Year10.81%
Revenue Next 2Y7.5%
Revenue Next 3Y6.26%
Revenue Next 5Y5.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.14, which indicates a rather expensive current valuation of OGE.
Compared to the rest of the industry, the Price/Earnings ratio of OGE is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.38, OGE is valued a bit cheaper.
With a Price/Forward Earnings ratio of 17.31, OGE is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as OGE.
OGE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 17.31 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as OGE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of OGE may justify a higher PE ratio.
PEG (NY)3.14
PEG (5Y)93.31
EPS Next 2Y5.9%
EPS Next 3Y6.13%
5. Dividend
5.1 Amount
OGE has a Yearly Dividend Yield of 3.99%.
OGE's Dividend Yield is a higher than the industry average which is at 3.09.
Compared to an average S&P500 Dividend Yield of 1.87, OGE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
5.2 History
The dividend of OGE has a limited annual growth rate of 2.43%.
OGE has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.43%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
OGE pays out 67.72% of its income as dividend. This is not a sustainable payout ratio.
OGE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP67.72%
EPS Next 2Y5.9%
EPS Next 3Y6.13%
42.5
-0.77 (-1.78%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners71.8%
Inst Owner Change3.98%
Ins Owners0.42%
Ins Owner Change-0.17%
Market Cap8.96B
Revenue(TTM)3.29B
Net Income(TTM)503.40M
Analysts72.5
Price Target48.04 (13.04%)
Short Float %3.57%
Short Ratio5.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
Yearly Dividend1.69
Dividend Growth(5Y)2.43%
DP67.72%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.14%
Min EPS beat(2)-1.16%
Max EPS beat(2)0.88%
EPS beat(4)3
Avg EPS beat(4)6.05%
Min EPS beat(4)-1.16%
Max EPS beat(4)23.62%
EPS beat(8)5
Avg EPS beat(8)3.32%
EPS beat(12)8
Avg EPS beat(12)88.63%
EPS beat(16)11
Avg EPS beat(16)96.21%
Revenue beat(2)1
Avg Revenue beat(2)-5.17%
Min Revenue beat(2)-12.33%
Max Revenue beat(2)1.98%
Revenue beat(4)3
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-12.33%
Max Revenue beat(4)5.82%
Revenue beat(8)3
Avg Revenue beat(8)-9.57%
Revenue beat(12)3
Avg Revenue beat(12)-13.18%
Revenue beat(16)5
Avg Revenue beat(16)-3.87%
PT rev (1m)0.45%
PT rev (3m)2.67%
EPS NQ rev (1m)3.86%
EPS NQ rev (3m)1.15%
EPS NY rev (1m)0.17%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-31.79%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 17.31 | ||
| P/S | 2.72 | ||
| P/FCF | N/A | ||
| P/OCF | 10.16 | ||
| P/B | 1.87 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 10.36 |
EPS(TTM)2.48
EY5.84%
EPS(NY)2.46
Fwd EY5.78%
FCF(TTM)-0.79
FCFYN/A
OCF(TTM)4.18
OCFY9.85%
SpS15.63
BVpS22.76
TBVpS22.76
PEG (NY)3.14
PEG (5Y)93.31
Graham Number35.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 10.49% | ||
| ROCE | 6.48% | ||
| ROIC | 5.41% | ||
| ROICexc | 5.41% | ||
| ROICexgc | 5.41% | ||
| OM | 25.6% | ||
| PM (TTM) | 15.28% | ||
| GM | 61.34% | ||
| FCFM | N/A |
ROA(3y)3.93%
ROA(5y)3.2%
ROE(3y)11.28%
ROE(5y)9.45%
ROIC(3y)4.95%
ROIC(5y)4.65%
ROICexc(3y)4.96%
ROICexc(5y)4.65%
ROICexgc(3y)4.96%
ROICexgc(5y)4.65%
ROCE(3y)5.87%
ROCE(5y)5.51%
ROICexgc growth 3Y8.26%
ROICexgc growth 5Y3.63%
ROICexc growth 3Y8.26%
ROICexc growth 5Y3.63%
OM growth 3Y18.79%
OM growth 5Y2.01%
PM growth 3Y-9.84%
PM growth 5Y-5.31%
GM growth 3Y15.25%
GM growth 5Y-0.25%
F-Score5
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.17 | ||
| Cap/Depr | 188.89% | ||
| Cap/Sales | 31.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.04% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 1.34 |
F-Score5
WACC7.09%
ROIC/WACC0.76
Cap/Depr(3y)220.93%
Cap/Depr(5y)203.23%
Cap/Sales(3y)37.24%
Cap/Sales(5y)32.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.5%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%4.59%
EPS Next Y5.46%
EPS Next 2Y5.9%
EPS Next 3Y6.13%
EPS Next 5Y6.73%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%
Revenue Next Year10.81%
Revenue Next 2Y7.5%
Revenue Next 3Y6.26%
Revenue Next 5Y5.49%
EBIT growth 1Y27.92%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year88.84%
EBIT Next 3Y28.8%
EBIT Next 5Y19.89%
FCF growth 1Y46.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.58%
OCF growth 3YN/A
OCF growth 5Y3.59%
OGE ENERGY CORP / OGE FAQ
What is the fundamental rating for OGE stock?
ChartMill assigns a fundamental rating of 4 / 10 to OGE.
What is the valuation status of OGE ENERGY CORP (OGE) stock?
ChartMill assigns a valuation rating of 2 / 10 to OGE ENERGY CORP (OGE). This can be considered as Overvalued.
Can you provide the profitability details for OGE ENERGY CORP?
OGE ENERGY CORP (OGE) has a profitability rating of 6 / 10.
What is the valuation of OGE ENERGY CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for OGE ENERGY CORP (OGE) is 17.14 and the Price/Book (PB) ratio is 1.87.
Can you provide the expected EPS growth for OGE stock?
The Earnings per Share (EPS) of OGE ENERGY CORP (OGE) is expected to grow by 5.46% in the next year.