ONEOK INC (ONK.DE) Stock Fundamental Analysis
FRA:ONK - Deutsche Boerse Ag - US6826801036 - Common Stock - Currency: EUR
Overall ONK gets a fundamental rating of 4 out of 10. We evaluated ONK against 62 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ONK while its profitability can be described as average. ONK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ONK was profitable.
In the past year ONK had a positive cash flow from operations.
Each year in the past 5 years ONK has been profitable.
Each year in the past 5 years ONK had a positive operating cash flow.
1.2 Ratios
ONK has a Return On Assets (5.48%) which is comparable to the rest of the industry.
The Return On Equity of ONK (16.57%) is better than 63.33% of its industry peers.
ONK has a Return On Invested Capital (7.32%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for ONK is below the industry average of 12.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.48% | ||
| ROE | 16.57% | ||
| ROIC | 7.32% |
ROA(3y)6.47%
ROA(5y)5.58%
ROE(3y)22.51%
ROE(5y)19.64%
ROIC(3y)9.09%
ROIC(5y)8.29%
1.3 Margins
ONK's Profit Margin of 14.04% is fine compared to the rest of the industry. ONK outperforms 63.33% of its industry peers.
ONK's Profit Margin has improved in the last couple of years.
The Operating Margin of ONK (22.85%) is comparable to the rest of the industry.
ONK's Operating Margin has improved in the last couple of years.
ONK has a Gross Margin of 39.22%. This is comparable to the rest of the industry: ONK outperforms 43.33% of its industry peers.
ONK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.85% | ||
| PM (TTM) | 14.04% | ||
| GM | 39.22% |
OM growth 3Y1.29%
OM growth 5Y10.44%
PM growth 3Y28.03%
PM growth 5Y10.47%
GM growth 3Y-6.81%
GM growth 5Y5.25%
2. Health
2.1 Basic Checks
ONK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ONK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ONK has more shares outstanding
The debt/assets ratio for ONK has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.70, we must say that ONK is in the distress zone and has some risk of bankruptcy.
ONK has a worse Altman-Z score (1.70) than 60.00% of its industry peers.
ONK has a debt to FCF ratio of 10.33. This is a negative value and a sign of low solvency as ONK would need 10.33 years to pay back of all of its debts.
With a Debt to FCF ratio value of 10.33, ONK is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.59 is on the high side and indicates that ONK has dependencies on debt financing.
With a Debt to Equity ratio value of 1.59, ONK is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | 10.33 | ||
| Altman-Z | 1.7 |
ROIC/WACC0.93
WACC7.83%
2.3 Liquidity
ONK has a Current Ratio of 0.81. This is a bad value and indicates that ONK is not financially healthy enough and could expect problems in meeting its short term obligations.
ONK has a Current ratio of 0.81. This is amonst the worse of the industry: ONK underperforms 90.00% of its industry peers.
ONK has a Quick Ratio of 0.81. This is a bad value and indicates that ONK is not financially healthy enough and could expect problems in meeting its short term obligations.
ONK's Quick ratio of 0.59 is on the low side compared to the rest of the industry. ONK is outperformed by 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.08% over the past year.
Measured over the past years, ONK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.14% on average per year.
The Revenue has grown by 14.07% in the past year. This is quite good.
ONK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.02% yearly.
EPS 1Y (TTM)14.08%
EPS 3Y19.09%
EPS 5Y9.14%
EPS Q2Q%19.19%
Revenue 1Y (TTM)14.07%
Revenue growth 3Y27.43%
Revenue growth 5Y7.02%
Sales Q2Q%19.91%
3.2 Future
The Earnings Per Share is expected to grow by 12.27% on average over the next years. This is quite good.
Based on estimates for the next years, ONK will show a quite strong growth in Revenue. The Revenue will grow by 15.44% on average per year.
EPS Next Y20.41%
EPS Next 2Y18.63%
EPS Next 3Y15.51%
EPS Next 5Y12.27%
Revenue Next Year11.23%
Revenue Next 2Y17.26%
Revenue Next 3Y14.01%
Revenue Next 5Y15.44%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ONK is valuated rather expensively with a Price/Earnings ratio of 20.25.
Based on the Price/Earnings ratio, ONK is valued more expensive than 83.33% of the companies in the same industry.
ONK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.47.
A Price/Forward Earnings ratio of 16.05 indicates a correct valuation of ONK.
ONK's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ONK is more expensive than 75.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ONK to the average of the S&P500 Index (92.74), we can say ONK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.25 | ||
| Fwd PE | 16.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONK is valued expensively inside the industry as 81.67% of the companies are valued cheaper.
ONK's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. ONK is more expensive than 68.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.79 | ||
| EV/EBITDA | 15.02 |
4.3 Compensation for Growth
ONK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ONK may justify a higher PE ratio.
A more expensive valuation may be justified as ONK's earnings are expected to grow with 15.51% in the coming years.
PEG (NY)0.99
PEG (5Y)2.21
EPS Next 2Y18.63%
EPS Next 3Y15.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.13%, ONK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 60.90, ONK has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.28, ONK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
5.2 History
The dividend of ONK has a limited annual growth rate of 1.38%.
Dividend Growth(5Y)1.38%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
ONK pays out 81.81% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ONK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP81.81%
EPS Next 2Y18.63%
EPS Next 3Y15.51%
ONEOK INC
FRA:ONK (2/4/2025, 7:00:00 PM)
93.75
-0.75 (-0.79%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners70.36%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap54.77B
Analysts74.29
Price Target110.06 (17.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
Yearly Dividend3.57
Dividend Growth(5Y)1.38%
DP81.81%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.22%
Min EPS beat(2)-4.81%
Max EPS beat(2)9.25%
EPS beat(4)1
Avg EPS beat(4)-1.17%
Min EPS beat(4)-6.77%
Max EPS beat(4)9.25%
EPS beat(8)3
Avg EPS beat(8)-7.31%
EPS beat(12)5
Avg EPS beat(12)-4.58%
EPS beat(16)8
Avg EPS beat(16)-2.69%
Revenue beat(2)0
Avg Revenue beat(2)-19.86%
Min Revenue beat(2)-20.33%
Max Revenue beat(2)-19.39%
Revenue beat(4)0
Avg Revenue beat(4)-19.24%
Min Revenue beat(4)-23.05%
Max Revenue beat(4)-14.18%
Revenue beat(8)0
Avg Revenue beat(8)-19.86%
Revenue beat(12)3
Avg Revenue beat(12)-9.76%
Revenue beat(16)6
Avg Revenue beat(16)-4.62%
PT rev (1m)-0.25%
PT rev (3m)21.9%
EPS NQ rev (1m)3.29%
EPS NQ rev (3m)11.61%
EPS NY rev (1m)0.05%
EPS NY rev (3m)2%
Revenue NQ rev (1m)-1.36%
Revenue NQ rev (3m)0.53%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-7.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.25 | ||
| Fwd PE | 16.05 | ||
| P/S | 2.84 | ||
| P/FCF | 20.79 | ||
| P/OCF | 11.83 | ||
| P/B | 3.35 | ||
| P/tB | 5.41 | ||
| EV/EBITDA | 15.02 |
EPS(TTM)4.63
EY4.94%
EPS(NY)5.84
Fwd EY6.23%
FCF(TTM)4.51
FCFY4.81%
OCF(TTM)7.92
OCFY8.45%
SpS33.01
BVpS27.97
TBVpS17.32
PEG (NY)0.99
PEG (5Y)2.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.48% | ||
| ROE | 16.57% | ||
| ROCE | 9.59% | ||
| ROIC | 7.32% | ||
| ROICexc | 7.41% | ||
| ROICexgc | 8.58% | ||
| OM | 22.85% | ||
| PM (TTM) | 14.04% | ||
| GM | 39.22% | ||
| FCFM | 13.66% |
ROA(3y)6.47%
ROA(5y)5.58%
ROE(3y)22.51%
ROE(5y)19.64%
ROIC(3y)9.09%
ROIC(5y)8.29%
ROICexc(3y)9.16%
ROICexc(5y)8.38%
ROICexgc(3y)9.9%
ROICexgc(5y)8.95%
ROCE(3y)11.91%
ROCE(5y)10.89%
ROICexcg growth 3Y8.71%
ROICexcg growth 5Y0.42%
ROICexc growth 3Y4.06%
ROICexc growth 5Y-1.69%
OM growth 3Y1.29%
OM growth 5Y10.44%
PM growth 3Y28.03%
PM growth 5Y10.47%
GM growth 3Y-6.81%
GM growth 5Y5.25%
F-Score4
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | 10.33 | ||
| Debt/EBITDA | 4.8 | ||
| Cap/Depr | 196.38% | ||
| Cap/Sales | 10.34% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.37% | ||
| Profit Quality | 97.28% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.7 |
F-Score4
WACC7.83%
ROIC/WACC0.93
Cap/Depr(3y)170.49%
Cap/Depr(5y)339.69%
Cap/Sales(3y)6.2%
Cap/Sales(5y)16.43%
Profit Quality(3y)109.58%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.08%
EPS 3Y19.09%
EPS 5Y9.14%
EPS Q2Q%19.19%
EPS Next Y20.41%
EPS Next 2Y18.63%
EPS Next 3Y15.51%
EPS Next 5Y12.27%
Revenue 1Y (TTM)14.07%
Revenue growth 3Y27.43%
Revenue growth 5Y7.02%
Sales Q2Q%19.91%
Revenue Next Year11.23%
Revenue Next 2Y17.26%
Revenue Next 3Y14.01%
Revenue Next 5Y15.44%
EBIT growth 1Y21.3%
EBIT growth 3Y29.08%
EBIT growth 5Y18.19%
EBIT Next Year57.7%
EBIT Next 3Y28.75%
EBIT Next 5Y18.87%
FCF growth 1Y48.96%
FCF growth 3YN/A
FCF growth 5Y128.67%
OCF growth 1Y63.84%
OCF growth 3Y32.53%
OCF growth 5Y15.12%