OGE ENERGY CORP (OGE) Stock Fundamental Analysis
NYSE:OGE - New York Stock Exchange, Inc. - US6708371033 - Common Stock - Currency: USD
Overall OGE gets a fundamental rating of 4 out of 10. We evaluated OGE against 46 industry peers in the Electric Utilities industry. While OGE has a great profitability rating, there are quite some concerns on its financial health. While showing a medium growth rate, OGE is valued expensive at the moment. OGE also has an excellent dividend rating.
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.
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
OGE has a better Return On Assets (3.22%) than 82.61% of its industry peers.
OGE's Return On Equity of 9.51% is fine compared to the rest of the industry. OGE outperforms 65.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.97%, OGE belongs to the top of the industry, outperforming 89.13% of the companies in the same industry.
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 4.69%.
The 3 year average ROIC (4.95%) for OGE is below the current ROIC(4.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 9.51% | ||
| ROIC | 4.97% |
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 Profit Margin of 14.79%. This is in the better half of the industry: OGE outperforms 69.57% of its industry peers.
In the last couple of years the Profit Margin of OGE has declined.
With a decent Operating Margin value of 24.97%, OGE is doing good in the industry, outperforming 73.91% of the companies in the same industry.
OGE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 63.94%, OGE is in line with its industry, outperforming 58.70% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.97% | ||
| PM (TTM) | 14.79% | ||
| GM | 63.94% |
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
OGE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for OGE has been increased compared to 1 year ago.
OGE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for OGE is higher compared to a year ago.
2.2 Solvency
OGE has an Altman-Z score of 1.33. This is a bad value and indicates that OGE is not financially healthy and even has some risk of bankruptcy.
OGE has a Altman-Z score of 1.33. This is amongst the best in the industry. OGE outperforms 84.78% of its industry peers.
A Debt/Equity ratio of 1.18 is on the high side and indicates that OGE has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.18, OGE is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.69
WACC7.26%
2.3 Liquidity
A Current Ratio of 0.73 indicates that OGE may have some problems paying its short term obligations.
OGE's Current ratio of 0.73 is in line compared to the rest of the industry. OGE outperforms 45.65% of its industry peers.
OGE has a Quick Ratio of 0.73. 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 0.42 is on the low side compared to the rest of the industry. OGE is outperformed by 67.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
OGE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.34%, which is quite impressive.
OGE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.18% yearly.
The Revenue has grown by 11.63% 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)22.34%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%244.44%
Revenue 1Y (TTM)11.63%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%25.28%
3.2 Future
Based on estimates for the next years, OGE will show a small growth in Earnings Per Share. The EPS will grow by 6.10% on average per year.
The Revenue is expected to grow by 5.69% on average over the next years.
EPS Next Y5.11%
EPS Next 2Y5.8%
EPS Next 3Y6.15%
EPS Next 5Y6.1%
Revenue Next Year10.81%
Revenue Next 2Y7.72%
Revenue Next 3Y6.51%
Revenue Next 5Y5.69%
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.
4. Valuation
4.1 Price/Earnings Ratio
OGE is valuated rather expensively with a Price/Earnings ratio of 18.77.
OGE's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of OGE to the average of the S&P500 Index (24.29), we can say OGE is valued slightly cheaper.
With a Price/Forward Earnings ratio of 18.45, OGE is valued on the expensive side.
OGE's Price/Forward Earnings ratio is in line with the industry average.
OGE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.77 | ||
| Fwd PE | 18.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OGE is valued a bit cheaper than 67.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.03 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OGE does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of OGE may justify a higher PE ratio.
PEG (NY)3.67
PEG (5Y)102.21
EPS Next 2Y5.8%
EPS Next 3Y6.15%
5. Dividend
5.1 Amount
OGE has a Yearly Dividend Yield of 3.73%.
OGE's Dividend Yield is a higher than the industry average which is at 3.43.
OGE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
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.
OGE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.43%
Div Incr Years17
Div Non Decr Years33
5.3 Sustainability
76.67% 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.
DP76.67%
EPS Next 2Y5.8%
EPS Next 3Y6.15%
NYSE:OGE (5/7/2025, 10:37:40 AM)
45.24
-0.03 (-0.07%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners74.39%
Inst Owner Change0.03%
Ins Owners0.38%
Ins Owner Change7.96%
Market Cap9.11B
Analysts71.25
Price Target45.81 (1.26%)
Short Float %2.23%
Short Ratio3.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
Yearly Dividend1.69
Dividend Growth(5Y)2.43%
DP76.67%
Div Incr Years17
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.59%
Min EPS beat(2)-4.03%
Max EPS beat(2)0.85%
EPS beat(4)2
Avg EPS beat(4)-3.59%
Min EPS beat(4)-21.37%
Max EPS beat(4)10.17%
EPS beat(8)5
Avg EPS beat(8)2.08%
EPS beat(12)8
Avg EPS beat(12)126.22%
EPS beat(16)12
Avg EPS beat(16)96.79%
Revenue beat(2)1
Avg Revenue beat(2)-0.53%
Min Revenue beat(2)-1.34%
Max Revenue beat(2)0.29%
Revenue beat(4)1
Avg Revenue beat(4)-7.23%
Min Revenue beat(4)-15.22%
Max Revenue beat(4)0.29%
Revenue beat(8)1
Avg Revenue beat(8)-15.34%
Revenue beat(12)3
Avg Revenue beat(12)-3.96%
Revenue beat(16)5
Avg Revenue beat(16)10.83%
PT rev (1m)2.76%
PT rev (3m)5.44%
EPS NQ rev (1m)6.16%
EPS NQ rev (3m)3.36%
EPS NY rev (1m)0.01%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)6.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.77 | ||
| Fwd PE | 18.45 | ||
| P/S | 3.05 | ||
| P/FCF | N/A | ||
| P/OCF | 11.21 | ||
| P/B | 1.96 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 11.03 |
EPS(TTM)2.41
EY5.33%
EPS(NY)2.45
Fwd EY5.42%
FCF(TTM)-1.38
FCFYN/A
OCF(TTM)4.04
OCFY8.92%
SpS14.83
BVpS23.05
TBVpS23.05
PEG (NY)3.67
PEG (5Y)102.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 9.51% | ||
| ROCE | 5.97% | ||
| ROIC | 4.97% | ||
| ROICexc | 4.97% | ||
| ROICexgc | 4.97% | ||
| OM | 24.97% | ||
| PM (TTM) | 14.79% | ||
| GM | 63.94% | ||
| 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-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.27 | ||
| Cap/Depr | 202.21% | ||
| Cap/Sales | 36.54% | ||
| Interest Coverage | 2.97 | ||
| Cash Conversion | 63.26% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 1.33 |
F-Score5
WACC7.26%
ROIC/WACC0.69
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 Y5.11%
EPS Next 2Y5.8%
EPS Next 3Y6.15%
EPS Next 5Y6.1%
Revenue 1Y (TTM)11.63%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%25.28%
Revenue Next Year10.81%
Revenue Next 2Y7.72%
Revenue Next 3Y6.51%
Revenue Next 5Y5.69%
EBIT growth 1Y14.63%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year89.11%
EBIT Next 3Y29.04%
EBIT Next 5Y19.44%
FCF growth 1Y-614.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-34.04%
OCF growth 3YN/A
OCF growth 5Y3.59%