OGE ENERGY CORP (OGE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OGE - US6708371033 - Common Stock
44.85 USD
+0.1 (+0.22%)
44.85 USD
0 (0%)
Overall OGE gets a fundamental rating of 4 out of 10. We evaluated OGE against 47 industry peers in the Electric Utilities industry. While OGE is still in line with the averages on profitability rating, there are concerns on its financial health. OGE is valied quite expensively at the moment, while it does show a decent growth rate.
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.
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
With a decent Return On Assets value of 3.53%, OGE is doing good in the industry, outperforming 74.47% 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.
OGE has a better Return On Invested Capital (5.41%) than 80.85% of its industry peers.
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 4.92%.
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
OGE has a Profit Margin of 15.28%. This is in the better half of the industry: OGE outperforms 63.83% of its industry peers.
In the last couple of years the Profit Margin of OGE has declined.
The Operating Margin of OGE (25.60%) is better than 72.34% of its industry peers.
In the last couple of years the Operating Margin of OGE has grown nicely.
OGE has a Gross Margin (61.34%) which is in line with its industry peers.
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 | 25.6% | ||
| 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.
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.
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.
With a decent Altman-Z score value of 1.33, OGE is doing good in the industry, outperforming 76.60% of the companies in the same industry.
A Debt/Equity ratio of 1.22 is on the high side and indicates that OGE has dependencies on debt financing.
OGE has a better Debt to Equity ratio (1.22) than 63.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.77
WACC7.04%
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.
Looking at the Current ratio, with a value of 0.80, OGE is in line with its industry, outperforming 51.06% of the companies in the same industry.
A Quick Ratio of 0.52 indicates that OGE may have some problems paying its short term obligations.
The Quick ratio of OGE (0.52) is worse than 76.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
OGE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.50%, which is quite impressive.
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
OGE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.80% yearly.
OGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.50% yearly.
EPS Next Y5.28%
EPS Next 2Y5.86%
EPS Next 3Y6.12%
EPS Next 5Y6.8%
Revenue Next Year10.77%
Revenue Next 2Y7.46%
Revenue Next 3Y6.2%
Revenue Next 5Y5.5%
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
A Price/Earnings ratio of 18.08 indicates a rather expensive valuation of OGE.
OGE's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of OGE to the average of the S&P500 Index (25.98), we can say OGE is valued slightly cheaper.
With a Price/Forward Earnings ratio of 18.27, OGE is valued on the expensive side.
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 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.08 | ||
| Fwd PE | 18.27 |
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 | 10.29 |
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.
OGE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.43
PEG (5Y)98.47
EPS Next 2Y5.86%
EPS Next 3Y6.12%
5. Dividend
5.1 Amount
OGE has a Yearly Dividend Yield of 3.85%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.39, 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 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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
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 2Y5.86%
EPS Next 3Y6.12%
44.85
+0.1 (+0.22%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners75.37%
Inst Owner Change3.98%
Ins Owners0.44%
Ins Owner Change-0.75%
Market Cap9.03B
Revenue(TTM)3.29B
Net Income(TTM)503.40M
Analysts72.5
Price Target48.44 (8%)
Short Float %2.68%
Short Ratio4.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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)3.55%
PT rev (3m)4.11%
EPS NQ rev (1m)-2.6%
EPS NQ rev (3m)-0.39%
EPS NY rev (1m)0%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)-2.21%
Revenue NQ rev (3m)-31.79%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.08 | ||
| Fwd PE | 18.27 | ||
| P/S | 2.74 | ||
| P/FCF | N/A | ||
| P/OCF | 10.24 | ||
| P/B | 1.88 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 10.29 |
EPS(TTM)2.48
EY5.53%
EPS(NY)2.45
Fwd EY5.47%
FCF(TTM)-0.83
FCFYN/A
OCF(TTM)4.38
OCFY9.76%
SpS16.36
BVpS23.82
TBVpS23.82
PEG (NY)3.43
PEG (5Y)98.47
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 | 1.33 |
F-Score5
WACC7.04%
ROIC/WACC0.77
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 2Y5.86%
EPS Next 3Y6.12%
EPS Next 5Y6.8%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%
Revenue Next Year10.77%
Revenue Next 2Y7.46%
Revenue Next 3Y6.2%
Revenue Next 5Y5.5%
EBIT growth 1Y27.92%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year88.7%
EBIT Next 3Y28.69%
EBIT Next 5Y19.9%
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 18.08 and the Price/Book (PB) ratio is 1.88.
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.