OGE ENERGY CORP (OGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OGE - US6708371033 - Common Stock
42.7 USD
-0.33 (-0.77%)
42.7 USD
0 (0%)
OGE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 47 industry peers in the Electric Utilities industry. OGE has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, OGE is valued expensive at the moment.
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.
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 76.60% of the companies in the same industry.
OGE has a Return On Equity (10.49%) which is in line with its industry peers.
OGE has a Return On Invested Capital of 5.41%. This is amongst the best in the industry. OGE outperforms 82.98% 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 4.65%.
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
OGE has a better Profit Margin (15.28%) than 61.70% of its industry peers.
OGE's Profit Margin has declined in the last couple of years.
The Operating Margin of OGE (25.60%) is better than 70.21% of its industry peers.
OGE's Operating Margin has improved in the last couple of years.
OGE has a Gross Margin of 61.34%. This is comparable to the rest of the industry: OGE outperforms 51.06% 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.
The number of shares outstanding for OGE has been increased compared to 5 years ago.
OGE has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that OGE is in the distress zone and has some risk of bankruptcy.
OGE has a better Altman-Z score (1.33) than 78.72% of its industry peers.
A Debt/Equity ratio of 1.22 is on the high side and indicates that OGE has dependencies on debt financing.
OGE has a Debt to Equity ratio of 1.22. This is in the better half of the industry: OGE outperforms 68.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.76
WACC7.13%
2.3 Liquidity
A Current Ratio of 0.80 indicates that OGE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.80, OGE is in line with its industry, outperforming 53.19% of the companies in the same 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 76.60% of its industry peers.
| 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.
The Earnings Per Share has been growing slightly by 0.18% on average over the past years.
OGE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.03%.
Measured over the past years, OGE shows a small growth in Revenue. The Revenue has been growing by 5.99% on average per year.
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.
Based on estimates for the next years, OGE will show a small growth in Revenue. The Revenue will grow by 5.49% on average per year.
EPS Next Y5.35%
EPS Next 2Y5.86%
EPS Next 3Y6.08%
EPS Next 5Y6.73%
Revenue Next Year10.81%
Revenue Next 2Y7.5%
Revenue Next 3Y6.26%
Revenue Next 5Y5.49%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.22 indicates a rather expensive valuation of OGE.
The rest of the industry has a similar Price/Earnings ratio as OGE.
OGE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 17.40, which indicates a rather expensive current valuation of OGE.
OGE's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.13. OGE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.22 | ||
| Fwd PE | 17.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OGE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.27 |
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)3.22
PEG (5Y)93.75
EPS Next 2Y5.86%
EPS Next 3Y6.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.95%, OGE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.02, OGE pays a bit more dividend than its industry peers.
OGE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
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.
The dividend of OGE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP67.72%
EPS Next 2Y5.86%
EPS Next 3Y6.08%
42.7
-0.33 (-0.77%)
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 Cap9.00B
Revenue(TTM)3.29B
Net Income(TTM)503.40M
Analysts72.5
Price Target47.83 (12.01%)
Short Float %3.34%
Short Ratio5.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
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)-1.26%
PT rev (3m)2.24%
EPS NQ rev (1m)3.86%
EPS NQ rev (3m)1.15%
EPS NY rev (1m)0.07%
EPS NY rev (3m)0.15%
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 | 17.22 | ||
| Fwd PE | 17.4 | ||
| P/S | 2.73 | ||
| P/FCF | N/A | ||
| P/OCF | 10.2 | ||
| P/B | 1.88 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 10.27 |
EPS(TTM)2.48
EY5.81%
EPS(NY)2.45
Fwd EY5.75%
FCF(TTM)-0.79
FCFYN/A
OCF(TTM)4.18
OCFY9.8%
SpS15.63
BVpS22.76
TBVpS22.76
PEG (NY)3.22
PEG (5Y)93.75
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 | 1.33 |
F-Score5
WACC7.13%
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 Y5.35%
EPS Next 2Y5.86%
EPS Next 3Y6.08%
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
Can you provide the ChartMill fundamental rating for OGE ENERGY CORP?
ChartMill assigns a fundamental rating of 4 / 10 to OGE.
What is the valuation status for 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 financial health of OGE ENERGY CORP (OGE) stock?
The financial health rating of OGE ENERGY CORP (OGE) is 1 / 10.
Is the dividend of OGE ENERGY CORP sustainable?
The dividend rating of OGE ENERGY CORP (OGE) is 5 / 10 and the dividend payout ratio is 67.72%.