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 47 industry peers in the Electric Utilities industry. There are concerns on the financial health of OGE while its profitability can be described as average. OGE is valied quite expensively at the moment, while it does show a decent growth rate.
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.
1.2 Ratios
The Return On Assets of OGE (3.48%) is better than 72.34% of its industry peers.
OGE has a better Return On Equity (10.52%) than 61.70% of its industry peers.
OGE has a Return On Invested Capital of 5.22%. This is in the better half of the industry: OGE outperforms 72.34% of its industry peers.
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 Rank | Sector 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%
1.3 Margins
OGE has a Profit Margin of 15.48%. This is in the better half of the industry: OGE outperforms 65.96% of its industry peers.
In the last couple of years the Profit Margin of OGE has declined.
Looking at the Operating Margin, with a value of 25.66%, OGE is in the better half of the industry, outperforming 70.21% of the companies in the same industry.
In the last couple of years the Operating Margin of OGE has grown nicely.
OGE has a Gross Margin (62.75%) which is comparable to the rest of the 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 | 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%
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
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
Based on the Altman-Z score of 1.30, we must say that OGE is in the distress zone and has some risk of bankruptcy.
OGE has a Altman-Z score of 1.30. This is in the better half of the industry: OGE outperforms 76.60% of its industry peers.
OGE has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
OGE's Debt to Equity ratio of 1.28 is in line compared to the rest of the industry. OGE outperforms 59.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.3 |
ROIC/WACC0.72
WACC7.28%
2.3 Liquidity
A Current Ratio of 0.73 indicates that OGE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, OGE is doing worse than 74.47% of the companies in the same industry.
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.
The Quick ratio of OGE (0.47) is worse than 78.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.47 |
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.
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.
OGE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.56%.
The Revenue has been growing slightly by 5.99% on average over the past years.
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
OGE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.21% yearly.
The Revenue is expected to grow by 5.31% on average over the next years.
EPS Next Y4.89%
EPS Next 2Y5.69%
EPS Next 3Y6.09%
EPS Next 5Y6.21%
Revenue Next Year12.02%
Revenue Next 2Y8.25%
Revenue Next 3Y6.94%
Revenue Next 5Y5.31%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.32 indicates a rather expensive valuation of OGE.
OGE's Price/Earnings is on the same level as the industry average.
OGE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.51.
The Price/Forward Earnings ratio is 18.04, which indicates a rather expensive current valuation of OGE.
OGE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. OGE is more expensive than 65.96% of the companies in the same industry.
OGE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.58, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.32 | ||
| Fwd PE | 18.04 |
4.2 Price Multiples
OGE's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.39 |
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)3.75
PEG (5Y)99.73
EPS Next 2Y5.69%
EPS Next 3Y6.09%
5. Dividend
5.1 Amount
OGE has a Yearly Dividend Yield of 3.78%.
Compared to an average industry Dividend Yield of 3.64, OGE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, OGE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
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
69.85% 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.
DP69.85%
EPS Next 2Y5.69%
EPS Next 3Y6.09%
NYSE:OGE (7/15/2025, 10:50:03 AM)
44.14
-0.34 (-0.76%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners74.75%
Inst Owner Change0%
Ins Owners0.44%
Ins Owner Change9.1%
Market Cap8.89B
Analysts73.33
Price Target46.37 (5.05%)
Short Float %3.14%
Short Ratio5.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
Yearly Dividend1.69
Dividend Growth(5Y)2.43%
DP69.85%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)0.44%
PT rev (3m)4.75%
EPS NQ rev (1m)-4.27%
EPS NQ rev (3m)0.42%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)-4.32%
Revenue NQ rev (3m)-4.19%
Revenue NY rev (1m)1.35%
Revenue NY rev (3m)2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.32 | ||
| Fwd PE | 18.04 | ||
| P/S | 2.83 | ||
| P/FCF | N/A | ||
| P/OCF | 11.92 | ||
| P/B | 1.93 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | 10.39 |
EPS(TTM)2.41
EY5.46%
EPS(NY)2.45
Fwd EY5.54%
FCF(TTM)-1.83
FCFYN/A
OCF(TTM)3.7
OCFY8.39%
SpS15.58
BVpS22.93
TBVpS22.93
PEG (NY)3.75
PEG (5Y)99.73
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC7.28%
ROIC/WACC0.72
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 Y4.89%
EPS Next 2Y5.69%
EPS Next 3Y6.09%
EPS Next 5Y6.21%
Revenue 1Y (TTM)15.56%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%25.28%
Revenue Next Year12.02%
Revenue Next 2Y8.25%
Revenue Next 3Y6.94%
Revenue Next 5Y5.31%
EBIT growth 1Y24.22%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year89.51%
EBIT Next 3Y29.04%
EBIT Next 5Y19.56%
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%