ONE GAS INC (OGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OGS - US68235P1084 - Common Stock
77.42 USD
+0.17 (+0.22%)
77.42 USD
0 (0%)
Overall OGS gets a fundamental rating of 3 out of 10. We evaluated OGS against 14 industry peers in the Gas Utilities industry. OGS has a medium profitability rating, but doesn't score so well on its financial health evaluation. OGS is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OGS was profitable.
OGS had a positive operating cash flow in the past year.
OGS had positive earnings in each of the past 5 years.
Of the past 5 years OGS 4 years had a positive operating cash flow.
1.2 Ratios
OGS's Return On Assets of 3.00% is on the low side compared to the rest of the industry. OGS is outperformed by 64.29% of its industry peers.
The Return On Equity of OGS (8.01%) is worse than 64.29% of its industry peers.
OGS's Return On Invested Capital of 4.84% is in line compared to the rest of the industry. OGS outperforms 50.00% of its industry peers.
OGS had an Average Return On Invested Capital over the past 3 years of 4.53%. This is in line with the industry average of 6.27%.
The 3 year average ROIC (4.53%) for OGS is below the current ROIC(4.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 8.01% | ||
| ROIC | 4.84% |
ROA(3y)2.82%
ROA(5y)2.84%
ROE(3y)8.04%
ROE(5y)8.34%
ROIC(3y)4.53%
ROIC(5y)4.31%
1.3 Margins
OGS has a Profit Margin (10.76%) which is in line with its industry peers.
OGS's Profit Margin has been stable in the last couple of years.
OGS's Operating Margin of 18.66% is in line compared to the rest of the industry. OGS outperforms 42.86% of its industry peers.
OGS's Operating Margin has been stable in the last couple of years.
OGS has a Gross Margin of 59.02%. This is comparable to the rest of the industry: OGS outperforms 42.86% of its industry peers.
OGS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.66% | ||
| PM (TTM) | 10.76% | ||
| GM | 59.02% |
OM growth 3Y3.74%
OM growth 5Y1.4%
PM growth 3Y-2.14%
PM growth 5Y-1.09%
GM growth 3Y3.11%
GM growth 5Y1.42%
2. Health
2.1 Basic Checks
OGS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
OGS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for OGS has been increased compared to 5 years ago.
The debt/assets ratio for OGS is higher compared to a year ago.
2.2 Solvency
OGS has an Altman-Z score of 1.01. This is a bad value and indicates that OGS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.01, OGS perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
A Debt/Equity ratio of 0.98 indicates that OGS is somewhat dependend on debt financing.
The Debt to Equity ratio of OGS (0.98) is better than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.01 |
ROIC/WACC0.71
WACC6.86%
2.3 Liquidity
OGS has a Current Ratio of 0.47. This is a bad value and indicates that OGS is not financially healthy enough and could expect problems in meeting its short term obligations.
OGS has a worse Current ratio (0.47) than 71.43% of its industry peers.
A Quick Ratio of 0.26 indicates that OGS may have some problems paying its short term obligations.
OGS has a worse Quick ratio (0.26) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
OGS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.72%, which is quite good.
OGS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.18% yearly.
Looking at the last year, OGS shows a quite strong growth in Revenue. The Revenue has grown by 15.06% in the last year.
The Revenue has been growing slightly by 4.74% on average over the past years.
EPS 1Y (TTM)11.72%
EPS 3Y0.52%
EPS 5Y2.18%
EPS Q2Q%29.41%
Revenue 1Y (TTM)15.06%
Revenue growth 3Y4.83%
Revenue growth 5Y4.74%
Sales Q2Q%11.38%
3.2 Future
The Earnings Per Share is expected to grow by 7.57% on average over the next years.
OGS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.58% yearly.
EPS Next Y13.06%
EPS Next 2Y10.32%
EPS Next 3Y8.35%
EPS Next 5Y7.57%
Revenue Next Year6.8%
Revenue Next 2Y5.68%
Revenue Next 3Y3.02%
Revenue Next 5Y2.58%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.05, which indicates a rather expensive current valuation of OGS.
OGS's Price/Earnings is on the same level as the industry average.
OGS is valuated rather cheaply when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 16.27 indicates a correct valuation of OGS.
The rest of the industry has a similar Price/Forward Earnings ratio as OGS.
OGS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 16.27 |
4.2 Price Multiples
OGS's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.61 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.38
PEG (5Y)8.27
EPS Next 2Y10.32%
EPS Next 3Y8.35%
5. Dividend
5.1 Amount
OGS has a Yearly Dividend Yield of 3.42%.
OGS's Dividend Yield is comparable with the industry average which is at 3.83.
OGS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of OGS has a limited annual growth rate of 5.12%.
OGS has paid a dividend for at least 10 years, which is a reliable track record.
OGS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.12%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
OGS pays out 61.93% of its income as dividend. This is not a sustainable payout ratio.
The dividend of OGS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP61.93%
EPS Next 2Y10.32%
EPS Next 3Y8.35%
77.42
+0.17 (+0.22%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners97.01%
Inst Owner Change-1.14%
Ins Owners0.44%
Ins Owner Change-0.28%
Market Cap4.65B
Revenue(TTM)2.37B
Net Income(TTM)254.94M
Analysts76.36
Price Target86.55 (11.79%)
Short Float %8.62%
Short Ratio10.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend2.57
Dividend Growth(5Y)5.12%
DP61.93%
Div Incr Years10
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.13%
Min EPS beat(2)-0.72%
Max EPS beat(2)4.97%
EPS beat(4)2
Avg EPS beat(4)2.39%
Min EPS beat(4)-0.72%
Max EPS beat(4)5.81%
EPS beat(8)2
Avg EPS beat(8)-1.05%
EPS beat(12)4
Avg EPS beat(12)-0.52%
EPS beat(16)5
Avg EPS beat(16)-0.68%
Revenue beat(2)0
Avg Revenue beat(2)-23.72%
Min Revenue beat(2)-26.36%
Max Revenue beat(2)-21.08%
Revenue beat(4)0
Avg Revenue beat(4)-21.05%
Min Revenue beat(4)-35.86%
Max Revenue beat(4)-0.92%
Revenue beat(8)0
Avg Revenue beat(8)-17.67%
Revenue beat(12)2
Avg Revenue beat(12)-2.82%
Revenue beat(16)6
Avg Revenue beat(16)5.11%
PT rev (1m)2.86%
PT rev (3m)10.61%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)2.45%
EPS NY rev (1m)0.78%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)-17.45%
Revenue NQ rev (3m)-13.06%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 16.27 | ||
| P/S | 1.96 | ||
| P/FCF | N/A | ||
| P/OCF | 7.76 | ||
| P/B | 1.46 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 9.61 |
EPS(TTM)4.29
EY5.54%
EPS(NY)4.76
Fwd EY6.15%
FCF(TTM)-2.01
FCFYN/A
OCF(TTM)9.97
OCFY12.88%
SpS39.48
BVpS53.04
TBVpS46.38
PEG (NY)1.38
PEG (5Y)8.27
Graham Number71.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 8.01% | ||
| ROCE | 6.27% | ||
| ROIC | 4.84% | ||
| ROICexc | 4.84% | ||
| ROICexgc | 5.1% | ||
| OM | 18.66% | ||
| PM (TTM) | 10.76% | ||
| GM | 59.02% | ||
| FCFM | N/A |
ROA(3y)2.82%
ROA(5y)2.84%
ROE(3y)8.04%
ROE(5y)8.34%
ROIC(3y)4.53%
ROIC(5y)4.31%
ROICexc(3y)4.55%
ROICexc(5y)4.32%
ROICexgc(3y)4.86%
ROICexgc(5y)4.55%
ROCE(3y)5.68%
ROCE(5y)5.4%
ROICexgc growth 3Y10.43%
ROICexgc growth 5Y-1.12%
ROICexc growth 3Y9.13%
ROICexc growth 5Y-1.63%
OM growth 3Y3.74%
OM growth 5Y1.4%
PM growth 3Y-2.14%
PM growth 5Y-1.09%
GM growth 3Y3.11%
GM growth 5Y1.42%
F-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.13 | ||
| Cap/Depr | 229.42% | ||
| Cap/Sales | 30.35% | ||
| Interest Coverage | 3.11 | ||
| Cash Conversion | 79.22% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 1.01 |
F-Score6
WACC6.86%
ROIC/WACC0.71
Cap/Depr(3y)247.32%
Cap/Depr(5y)244.56%
Cap/Sales(3y)28.5%
Cap/Sales(5y)28.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.72%
EPS 3Y0.52%
EPS 5Y2.18%
EPS Q2Q%29.41%
EPS Next Y13.06%
EPS Next 2Y10.32%
EPS Next 3Y8.35%
EPS Next 5Y7.57%
Revenue 1Y (TTM)15.06%
Revenue growth 3Y4.83%
Revenue growth 5Y4.74%
Sales Q2Q%11.38%
Revenue Next Year6.8%
Revenue Next 2Y5.68%
Revenue Next 3Y3.02%
Revenue Next 5Y2.58%
EBIT growth 1Y15.76%
EBIT growth 3Y8.75%
EBIT growth 5Y6.21%
EBIT Next Year87.36%
EBIT Next 3Y28.79%
EBIT Next 5Y19.04%
FCF growth 1Y-170.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-30.21%
OCF growth 3YN/A
OCF growth 5Y3.49%
ONE GAS INC / OGS FAQ
What is the fundamental rating for OGS stock?
ChartMill assigns a fundamental rating of 3 / 10 to OGS.
Can you provide the valuation status for ONE GAS INC?
ChartMill assigns a valuation rating of 3 / 10 to ONE GAS INC (OGS). This can be considered as Overvalued.
What is the profitability of OGS stock?
ONE GAS INC (OGS) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for OGS stock?
The Price/Earnings (PE) ratio for ONE GAS INC (OGS) is 18.05 and the Price/Book (PB) ratio is 1.46.
Can you provide the expected EPS growth for OGS stock?
The Earnings per Share (EPS) of ONE GAS INC (OGS) is expected to grow by 13.06% in the next year.