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OGE ENERGY CORP (OGE) Stock Fundamental Analysis

NYSE:OGE - New York Stock Exchange, Inc. - US6708371033 - Common Stock - Currency: USD

43.96  +0.08 (+0.18%)

After market: 43.96 0 (0%)

Fundamental Rating

4

Taking everything into account, OGE scores 4 out of 10 in our fundamental rating. OGE was compared to 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.


Dividend Valuation Growth Profitability Health

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6

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.
OGE Yearly Net Income VS EBIT VS OCF VS FCFOGE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B

1.2 Ratios

With a decent Return On Assets value of 3.48%, OGE is doing good in the industry, outperforming 72.34% of the companies in the same industry.
OGE has a Return On Equity of 10.52%. This is in the better half of the industry: OGE outperforms 61.70% of its industry peers.
With a decent Return On Invested Capital value of 5.22%, OGE is doing good in the industry, outperforming 72.34% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OGE is significantly below the industry average of 38.54%.
The 3 year average ROIC (4.95%) for OGE is below the current ROIC(5.22%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.48%
ROE 10.52%
ROIC 5.22%
ROA(3y)3.93%
ROA(5y)3.2%
ROE(3y)11.28%
ROE(5y)9.45%
ROIC(3y)4.95%
ROIC(5y)4.65%
OGE Yearly ROA, ROE, ROICOGE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

OGE's Profit Margin of 15.48% is fine compared to the rest of the industry. OGE outperforms 65.96% of its industry peers.
In the last couple of years the Profit Margin of OGE has declined.
OGE's Operating Margin of 25.66% is fine compared to the rest of the industry. OGE outperforms 70.21% of its industry peers.
In the last couple of years the Operating Margin of OGE has grown nicely.
Looking at the Gross Margin, with a value of 62.75%, OGE is in line with its industry, outperforming 55.32% of the companies in the same industry.
In the last couple of years the Gross Margin of OGE has remained more or less at the same level.
Industry RankSector Rank
OM 25.66%
PM (TTM) 15.48%
GM 62.75%
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%
OGE Yearly Profit, Operating, Gross MarginsOGE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OGE is destroying value.
Compared to 1 year ago, OGE has more shares outstanding
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.
OGE Yearly Shares OutstandingOGE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
OGE Yearly Total Debt VS Total AssetsOGE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

OGE has an Altman-Z score of 1.30. 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 (1.30) than 76.60% of its industry peers.
A Debt/Equity ratio of 1.28 is on the high side and indicates that OGE has dependencies on debt financing.
OGE has a Debt to Equity ratio (1.28) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 1.28
Debt/FCF N/A
Altman-Z 1.3
ROIC/WACC0.57
WACC9.13%
OGE Yearly LT Debt VS Equity VS FCFOGE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B

2.3 Liquidity

A Current Ratio of 0.73 indicates that OGE may have some problems paying its short term obligations.
OGE has a Current ratio of 0.73. This is in the lower half of the industry: OGE underperforms 74.47% of its industry peers.
A Quick Ratio of 0.47 indicates that OGE may have some problems paying its short term obligations.
The Quick ratio of OGE (0.47) is worse than 78.72% of its industry peers.
Industry RankSector Rank
Current Ratio 0.73
Quick Ratio 0.47
OGE Yearly Current Assets VS Current LiabilitesOGE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 22.34% over the past year.
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.
Looking at the last year, OGE shows a quite strong growth in Revenue. The Revenue has grown by 15.56% in the last year.
OGE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.99% yearly.
EPS 1Y (TTM)22.34%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%244.44%
Revenue 1Y (TTM)15.56%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%25.28%

3.2 Future

The Earnings Per Share is expected to grow by 6.12% on average over the next years.
The Revenue is expected to grow by 5.70% on average over the next years.
EPS Next Y5.09%
EPS Next 2Y5.79%
EPS Next 3Y6.1%
EPS Next 5Y6.12%
Revenue Next Year10.53%
Revenue Next 2Y7.41%
Revenue Next 3Y6.16%
Revenue Next 5Y5.7%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
OGE Yearly Revenue VS EstimatesOGE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
OGE Yearly EPS VS EstimatesOGE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

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2

4. Valuation

4.1 Price/Earnings Ratio

OGE is valuated rather expensively with a Price/Earnings ratio of 18.24.
The rest of the industry has a similar Price/Earnings ratio as OGE.
The average S&P500 Price/Earnings ratio is at 26.35. OGE is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 17.94, OGE is valued on the expensive side.
65.96% of the companies in the same industry are cheaper than OGE, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, OGE is valued at the same level.
Industry RankSector Rank
PE 18.24
Fwd PE 17.94
OGE Price Earnings VS Forward Price EarningsOGE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as OGE.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 10.3
OGE Per share dataOGE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

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)3.58
PEG (5Y)99.32
EPS Next 2Y5.79%
EPS Next 3Y6.1%

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5

5. Dividend

5.1 Amount

OGE has a Yearly Dividend Yield of 3.77%.
Compared to an average industry Dividend Yield of 3.56, OGE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, OGE pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.77%

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
OGE Yearly Dividends per shareOGE Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

OGE pays out 69.85% 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.
DP69.85%
EPS Next 2Y5.79%
EPS Next 3Y6.1%
OGE Yearly Income VS Free CF VS DividendOGE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B
OGE Dividend Payout.OGE Dividend Payout, showing the Payout Ratio.OGE Dividend Payout.PayoutRetained Earnings

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OGE ENERGY CORP

NYSE:OGE (6/20/2025, 8:04:00 PM)

After market: 43.96 0 (0%)

43.96

+0.08 (+0.18%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)04-30 2025-04-30/bmo
Earnings (Next)08-05 2025-08-05/bmo
Inst Owners74.75%
Inst Owner Change1.18%
Ins Owners0.44%
Ins Owner Change7.35%
Market Cap8.85B
Analysts71.25
Price Target46.17 (5.03%)
Short Float %2.62%
Short Ratio4.7
Dividend
Industry RankSector Rank
Dividend Yield 3.77%
Yearly Dividend1.69
Dividend Growth(5Y)2.43%
DP69.85%
Div Incr Years0
Div Non Decr Years0
Ex-Date07-07 2025-07-07 (0.42125)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.23%
Min EPS beat(2)0.85%
Max EPS beat(2)23.62%
EPS beat(4)3
Avg EPS beat(4)7.65%
Min EPS beat(4)-4.03%
Max EPS beat(4)23.62%
EPS beat(8)5
Avg EPS beat(8)3.28%
EPS beat(12)8
Avg EPS beat(12)88.44%
EPS beat(16)12
Avg EPS beat(16)96.9%
Revenue beat(2)2
Avg Revenue beat(2)3.05%
Min Revenue beat(2)0.29%
Max Revenue beat(2)5.82%
Revenue beat(4)2
Avg Revenue beat(4)-1.97%
Min Revenue beat(4)-12.64%
Max Revenue beat(4)5.82%
Revenue beat(8)2
Avg Revenue beat(8)-14.5%
Revenue beat(12)4
Avg Revenue beat(12)0.61%
Revenue beat(16)5
Avg Revenue beat(16)-3.62%
PT rev (1m)0.78%
PT rev (3m)5.01%
EPS NQ rev (1m)-2.79%
EPS NQ rev (3m)4.01%
EPS NY rev (1m)0%
EPS NY rev (3m)0.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.93%
Revenue NY rev (3m)-0.03%
Valuation
Industry RankSector Rank
PE 18.24
Fwd PE 17.94
P/S 2.82
P/FCF N/A
P/OCF 11.87
P/B 1.92
P/tB 1.92
EV/EBITDA 10.3
EPS(TTM)2.41
EY5.48%
EPS(NY)2.45
Fwd EY5.58%
FCF(TTM)-1.83
FCFYN/A
OCF(TTM)3.7
OCFY8.43%
SpS15.58
BVpS22.93
TBVpS22.93
PEG (NY)3.58
PEG (5Y)99.32
Profitability
Industry RankSector Rank
ROA 3.48%
ROE 10.52%
ROCE 6.4%
ROIC 5.22%
ROICexc 5.23%
ROICexgc 5.23%
OM 25.66%
PM (TTM) 15.48%
GM 62.75%
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%
ROICexcg growth 3Y8.26%
ROICexcg 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-Score6
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 1.28
Debt/FCF N/A
Debt/EBITDA 4.35
Cap/Depr 203.31%
Cap/Sales 35.5%
Interest Coverage 250
Cash Conversion 55.14%
Profit Quality N/A
Current Ratio 0.73
Quick Ratio 0.47
Altman-Z 1.3
F-Score6
WACC9.13%
ROIC/WACC0.57
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)22.34%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%244.44%
EPS Next Y5.09%
EPS Next 2Y5.79%
EPS Next 3Y6.1%
EPS Next 5Y6.12%
Revenue 1Y (TTM)15.56%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%25.28%
Revenue Next Year10.53%
Revenue Next 2Y7.41%
Revenue Next 3Y6.16%
Revenue Next 5Y5.7%
EBIT growth 1Y24.22%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year89.51%
EBIT Next 3Y29.04%
EBIT Next 5Y19.44%
FCF growth 1Y-99.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-19.99%
OCF growth 3YN/A
OCF growth 5Y3.59%