OGE ENERGY CORP (OGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OGE - US6708371033 - Common Stock
43.38 USD
-0.11 (-0.25%)
41.7636 USD
-1.62 (-3.73%)
We assign a fundamental rating of 4 out of 10 to OGE. OGE was compared to 48 industry peers in the Electric Utilities industry. OGE has a medium profitability rating, but doesn't score so well on its financial health evaluation. OGE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
OGE had positive earnings in the past year.
In the past year OGE had a positive cash flow from operations.
Of the past 5 years OGE 4 years were profitable.
Of the past 5 years OGE 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.53%, OGE is in the better half of 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.
Measured over the past 3 years, the Average Return On Invested Capital for OGE is in line with the industry average of 4.92%.
The 3 year average ROIC (4.95%) for OGE is below the current ROIC(5.41%), indicating increased profibility in the last year.
| 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
OGE's Profit Margin of 15.28% is fine compared to the rest of the industry. OGE outperforms 62.50% of its industry peers.
OGE's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 25.60%, OGE is doing good in the industry, outperforming 70.83% of the companies in the same industry.
In the last couple of years the Operating Margin of OGE has grown nicely.
The Gross Margin of OGE (61.34%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of OGE has remained more or less at the same level.
| 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.
The number of shares outstanding for OGE has been increased compared to 5 years ago.
Compared to 1 year ago, OGE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.32, we must say that OGE is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.32, OGE is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 1.22 is on the high side and indicates that OGE has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.22, OGE is doing good in the industry, outperforming 64.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.32 |
ROIC/WACC0.76
WACC7.07%
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.
The Current ratio of OGE (0.80) 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.
OGE has a Quick ratio of 0.52. This is in the lower half of the industry: OGE underperforms 77.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
OGE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.50%, which is quite impressive.
Measured over the past 5 years, OGE shows a small growth in Earnings Per Share. The EPS has been growing by 0.18% on average per year.
The Revenue has grown by 18.03% in the past year. This is quite good.
OGE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.99% yearly.
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.
The Revenue is expected to grow by 5.49% on average over the next years.
EPS Next Y5.28%
EPS Next 2Y5.86%
EPS Next 3Y6.12%
EPS Next 5Y6.73%
Revenue Next Year10.77%
Revenue Next 2Y7.46%
Revenue Next 3Y6.2%
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
OGE is valuated rather expensively with a Price/Earnings ratio of 17.49.
OGE's Price/Earnings is on the same level as the industry average.
OGE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.68, OGE is valued on the expensive side.
OGE's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of OGE to the average of the S&P500 Index (36.10), we can say OGE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.49 | ||
| Fwd PE | 17.68 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OGE indicates a somewhat cheap valuation: OGE is cheaper than 60.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OGE does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of OGE may justify a higher PE ratio.
PEG (NY)3.31
PEG (5Y)95.24
EPS Next 2Y5.86%
EPS Next 3Y6.12%
5. Dividend
5.1 Amount
OGE has a Yearly Dividend Yield of 3.91%.
Compared to an average industry Dividend Yield of 3.33, OGE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, OGE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
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
67.72% of the earnings are spent on dividend by OGE. 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 2Y5.86%
EPS Next 3Y6.12%
43.38
-0.11 (-0.25%)
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 Cap9.14B
Revenue(TTM)3.29B
Net Income(TTM)503.40M
Analysts72.5
Price Target48.04 (10.74%)
Short Float %2.78%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
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)1.3%
PT rev (3m)4.11%
EPS NQ rev (1m)-1.34%
EPS NQ rev (3m)-2.6%
EPS NY rev (1m)0%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-31.79%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.49 | ||
| Fwd PE | 17.68 | ||
| P/S | 2.65 | ||
| P/FCF | N/A | ||
| P/OCF | 9.91 | ||
| P/B | 1.82 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 10.1 |
EPS(TTM)2.48
EY5.72%
EPS(NY)2.45
Fwd EY5.66%
FCF(TTM)-0.83
FCFYN/A
OCF(TTM)4.38
OCFY10.09%
SpS16.35
BVpS23.81
TBVpS23.81
PEG (NY)3.31
PEG (5Y)95.24
Graham Number36.45
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 | 1.32 |
F-Score5
WACC7.07%
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 Y5.28%
EPS Next 2Y5.86%
EPS Next 3Y6.12%
EPS Next 5Y6.73%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%
Revenue Next Year10.77%
Revenue Next 2Y7.46%
Revenue Next 3Y6.2%
Revenue Next 5Y5.49%
EBIT growth 1Y27.92%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year88.7%
EBIT Next 3Y28.69%
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 3 / 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 17.49 and the Price/Book (PB) ratio is 1.82.
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 5.28% in the next year.