OGE ENERGY CORP (OGE) Stock Fundamental Analysis
USA - NYSE:OGE - US6708371033 - Common Stock
44.14 USD
-0.32 (-0.72%)
44.14 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. OGE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OGE was profitable.
OGE had a positive operating cash flow in the past year.
OGE had positive earnings in 4 of the past 5 years.
OGE had a positive operating cash flow in 4 of the past 5 years.
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.
Looking at the Return On Equity, with a value of 10.49%, OGE is in line with its industry, outperforming 55.32% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.41%, OGE is in the better half of the industry, outperforming 78.72% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for OGE is in line with the industry average of 4.91%.
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
Looking at the Profit Margin, with a value of 15.28%, OGE is in the better half of the industry, outperforming 78.72% of the companies in the same industry.
OGE's Profit Margin has declined in the last couple of years.
OGE's Operating Margin of 25.60% is amongst the best of the industry. OGE outperforms 82.98% of its industry peers.
OGE's Operating Margin has improved in the last couple of years.
OGE has a Gross Margin (61.34%) which is comparable to the rest of the industry.
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.
OGE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, OGE has more shares outstanding
The debt/assets ratio for OGE is higher compared to a year ago.
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 76.60% of the companies in the same industry.
OGE has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
OGE has a Debt to Equity ratio (1.22) which is comparable to the rest of the 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.
OGE has a Current ratio (0.80) which is in line with its industry peers.
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's Quick ratio of 0.52 is on the low side compared to the rest of the industry. OGE is outperformed by 68.09% 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.
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 6.64% 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 4.92% on average per year.
EPS Next Y5.28%
EPS Next 2Y5.82%
EPS Next 3Y6.01%
EPS Next 5Y6.64%
Revenue Next Year10.63%
Revenue Next 2Y7.45%
Revenue Next 3Y6.16%
Revenue Next 5Y4.92%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.80, OGE is valued on the expensive side.
OGE's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.11, OGE is valued a bit cheaper.
A Price/Forward Earnings ratio of 18.00 indicates a rather expensive valuation of OGE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OGE is on the same level as its industry peers.
OGE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.8 | ||
| Fwd PE | 18 |
4.2 Price Multiples
OGE's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.19 |
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)3.37
PEG (5Y)96.91
EPS Next 2Y5.82%
EPS Next 3Y6.01%
5. Dividend
5.1 Amount
OGE has a Yearly Dividend Yield of 3.82%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.21, 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 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.82% |
5.2 History
The dividend of OGE has a limited annual growth rate of 2.43%.
OGE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.43%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
OGE pays out 67.72% 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.
DP67.72%
EPS Next 2Y5.82%
EPS Next 3Y6.01%
44.14
-0.32 (-0.72%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners75.37%
Inst Owner Change-0.5%
Ins Owners0.44%
Ins Owner Change-1.03%
Market Cap8.89B
Revenue(TTM)3.29B
Net Income(TTM)503.40M
Analysts74.29
Price Target47.82 (8.34%)
Short Float %2.55%
Short Ratio4.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.82% |
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)2.21%
PT rev (3m)2.43%
EPS NQ rev (1m)-1.29%
EPS NQ rev (3m)2.81%
EPS NY rev (1m)0.08%
EPS NY rev (3m)0.37%
Revenue NQ rev (1m)-31.79%
Revenue NQ rev (3m)-31.79%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.8 | ||
| Fwd PE | 18 | ||
| P/S | 2.7 | ||
| P/FCF | N/A | ||
| P/OCF | 10.08 | ||
| P/B | 1.85 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 10.19 |
EPS(TTM)2.48
EY5.62%
EPS(NY)2.45
Fwd EY5.56%
FCF(TTM)-0.83
FCFYN/A
OCF(TTM)4.38
OCFY9.92%
SpS16.36
BVpS23.82
TBVpS23.82
PEG (NY)3.37
PEG (5Y)96.91
Graham Number36.46
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 2Y5.82%
EPS Next 3Y6.01%
EPS Next 5Y6.64%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%
Revenue Next Year10.63%
Revenue Next 2Y7.45%
Revenue Next 3Y6.16%
Revenue Next 5Y4.92%
EBIT growth 1Y27.92%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year88.7%
EBIT Next 3Y28.69%
EBIT Next 5Y19.52%
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 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 valuation of OGE ENERGY CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for OGE ENERGY CORP (OGE) is 17.8 and the Price/Book (PB) ratio is 1.85.
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.