ONEOK INC (ONK.DE) Stock Fundamental Analysis
FRA:ONK - Deutsche Boerse Ag - US6826801036 - Common Stock - Currency: EUR
Taking everything into account, ONK scores 4 out of 10 in our fundamental rating. ONK was compared to 58 industry peers in the Oil, Gas & Consumable Fuels industry. While ONK is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, ONK is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
ONK had positive earnings in the past year.
In the past year ONK had a positive cash flow from operations.
Each year in the past 5 years ONK has been profitable.
ONK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ONK has a Return On Assets of 4.74%. This is comparable to the rest of the industry: ONK outperforms 50.00% of its industry peers.
The Return On Equity of ONK (17.81%) is better than 62.07% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.46%, ONK is doing worse than 60.34% of the companies in the same industry.
ONK had an Average Return On Invested Capital over the past 3 years of 7.98%. This is significantly below the industry average of 15.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.74% | ||
| ROE | 17.81% | ||
| ROIC | 6.46% |
ROA(3y)5.93%
ROA(5y)5.36%
ROE(3y)20.15%
ROE(5y)19.1%
ROIC(3y)7.98%
ROIC(5y)8.09%
1.3 Margins
ONK has a better Profit Margin (13.98%) than 62.07% of its industry peers.
ONK's Profit Margin has improved in the last couple of years.
ONK has a Operating Margin (23.30%) which is in line with its industry peers.
In the last couple of years the Operating Margin of ONK has grown nicely.
With a Gross Margin value of 38.65%, ONK perfoms like the industry average, outperforming 43.10% of the companies in the same industry.
In the last couple of years the Gross Margin of ONK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.3% | ||
| PM (TTM) | 13.98% | ||
| GM | 38.65% |
OM growth 3Y14.14%
OM growth 5Y4.34%
PM growth 3Y15.56%
PM growth 5Y2.16%
GM growth 3Y14.28%
GM growth 5Y3.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ONK is destroying value.
The number of shares outstanding for ONK remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ONK has more shares outstanding
The debt/assets ratio for ONK is higher compared to a year ago.
2.2 Solvency
ONK has an Altman-Z score of 1.27. This is a bad value and indicates that ONK is not financially healthy and even has some risk of bankruptcy.
ONK's Altman-Z score of 1.27 is on the low side compared to the rest of the industry. ONK is outperformed by 72.41% of its industry peers.
ONK has a debt to FCF ratio of 11.19. This is a negative value and a sign of low solvency as ONK would need 11.19 years to pay back of all of its debts.
ONK has a Debt to FCF ratio of 11.19. This is in the lower half of the industry: ONK underperforms 62.07% of its industry peers.
A Debt/Equity ratio of 1.82 is on the high side and indicates that ONK has dependencies on debt financing.
ONK has a worse Debt to Equity ratio (1.82) than 87.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.82 | ||
| Debt/FCF | 11.19 | ||
| Altman-Z | 1.27 |
ROIC/WACC0.66
WACC9.75%
2.3 Liquidity
ONK has a Current Ratio of 0.90. This is a bad value and indicates that ONK is not financially healthy enough and could expect problems in meeting its short term obligations.
ONK has a worse Current ratio (0.90) than 86.21% of its industry peers.
A Quick Ratio of 0.74 indicates that ONK may have some problems paying its short term obligations.
ONK's Quick ratio of 0.74 is on the low side compared to the rest of the industry. ONK is outperformed by 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
ONK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.07%, which is quite good.
ONK shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.99% yearly.
ONK shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.75%.
Measured over the past years, ONK shows a quite strong growth in Revenue. The Revenue has been growing by 16.38% on average per year.
EPS 1Y (TTM)19.07%
EPS 3Y15.45%
EPS 5Y10.99%
EPS Q2Q%-4.59%
Revenue 1Y (TTM)22.75%
Revenue growth 3Y9.47%
Revenue growth 5Y16.38%
Sales Q2Q%68.23%
3.2 Future
Based on estimates for the next years, ONK will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.63% on average per year.
The Revenue is expected to grow by 7.70% on average over the next years.
EPS Next Y7.51%
EPS Next 2Y10.98%
EPS Next 3Y10.09%
EPS Next 5Y9.63%
Revenue Next Year32.69%
Revenue Next 2Y19.74%
Revenue Next 3Y15.97%
Revenue Next 5Y7.7%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ONK is valuated correctly with a Price/Earnings ratio of 15.78.
Compared to the rest of the industry, the Price/Earnings ratio of ONK indicates a slightly more expensive valuation: ONK is more expensive than 63.79% of the companies listed in the same industry.
ONK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.29.
Based on the Price/Forward Earnings ratio of 12.68, the valuation of ONK can be described as correct.
Based on the Price/Forward Earnings ratio, ONK is valued a bit more expensive than the industry average as 62.07% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.42, ONK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.78 | ||
| Fwd PE | 12.68 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ONK indicates a slightly more expensive valuation: ONK is more expensive than 77.59% of the companies listed in the same industry.
60.34% of the companies in the same industry are cheaper than ONK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.59 | ||
| EV/EBITDA | 13.21 |
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 ONK may justify a higher PE ratio.
PEG (NY)2.1
PEG (5Y)1.44
EPS Next 2Y10.98%
EPS Next 3Y10.09%
5. Dividend
5.1 Amount
ONK has a Yearly Dividend Yield of 5.09%, which is a nice return.
In the last 3 months the price of ONK has falen by -24.98%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 61.98, ONK has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, ONK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
5.2 History
The dividend of ONK has a limited annual growth rate of 2.34%.
Dividend Growth(5Y)2.34%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
76.24% of the earnings are spent on dividend by ONK. This is not a sustainable payout ratio.
The dividend of ONK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP76.24%
EPS Next 2Y10.98%
EPS Next 3Y10.09%
FRA:ONK (5/5/2025, 7:00:00 PM)
71.16
-1.59 (-2.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners66.73%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap44.45B
Analysts80
Price Target97.45 (36.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
Yearly Dividend3.5
Dividend Growth(5Y)2.34%
DP76.24%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.28%
Min EPS beat(2)-4.81%
Max EPS beat(2)4.26%
EPS beat(4)2
Avg EPS beat(4)0.48%
Min EPS beat(4)-6.77%
Max EPS beat(4)9.25%
EPS beat(8)3
Avg EPS beat(8)-7.35%
EPS beat(12)6
Avg EPS beat(12)-3.81%
EPS beat(16)9
Avg EPS beat(16)-2.01%
Revenue beat(2)1
Avg Revenue beat(2)-8.22%
Min Revenue beat(2)-19.39%
Max Revenue beat(2)2.94%
Revenue beat(4)1
Avg Revenue beat(4)-14.96%
Min Revenue beat(4)-23.05%
Max Revenue beat(4)2.94%
Revenue beat(8)1
Avg Revenue beat(8)-17.39%
Revenue beat(12)3
Avg Revenue beat(12)-11.49%
Revenue beat(16)7
Avg Revenue beat(16)-4.29%
PT rev (1m)-6.41%
PT rev (3m)-11.46%
EPS NQ rev (1m)-2.65%
EPS NQ rev (3m)-17.15%
EPS NY rev (1m)-0.44%
EPS NY rev (3m)-7.93%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)26.39%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)7.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.78 | ||
| Fwd PE | 12.68 | ||
| P/S | 2.32 | ||
| P/FCF | 17.59 | ||
| P/OCF | 10.31 | ||
| P/B | 2.96 | ||
| P/tB | 8.54 | ||
| EV/EBITDA | 13.21 |
EPS(TTM)4.51
EY6.34%
EPS(NY)5.61
Fwd EY7.89%
FCF(TTM)4.05
FCFY5.69%
OCF(TTM)6.9
OCFY9.7%
SpS30.62
BVpS24.04
TBVpS8.34
PEG (NY)2.1
PEG (5Y)1.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.74% | ||
| ROE | 17.81% | ||
| ROCE | 8.52% | ||
| ROIC | 6.46% | ||
| ROICexc | 6.54% | ||
| ROICexgc | 8.08% | ||
| OM | 23.3% | ||
| PM (TTM) | 13.98% | ||
| GM | 38.65% | ||
| FCFM | 13.21% |
ROA(3y)5.93%
ROA(5y)5.36%
ROE(3y)20.15%
ROE(5y)19.1%
ROIC(3y)7.98%
ROIC(5y)8.09%
ROICexc(3y)8.06%
ROICexc(5y)8.19%
ROICexgc(3y)9.18%
ROICexgc(5y)8.99%
ROCE(3y)10.52%
ROCE(5y)10.66%
ROICexcg growth 3Y-7.08%
ROICexcg growth 5Y1.14%
ROICexc growth 3Y-12.27%
ROICexc growth 5Y-2.07%
OM growth 3Y14.14%
OM growth 5Y4.34%
PM growth 3Y15.56%
PM growth 5Y2.16%
GM growth 3Y14.28%
GM growth 5Y3.08%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.82 | ||
| Debt/FCF | 11.19 | ||
| Debt/EBITDA | 5.01 | ||
| Cap/Depr | 178.22% | ||
| Cap/Sales | 9.31% | ||
| Interest Coverage | 3.9 | ||
| Cash Conversion | 78.98% | ||
| Profit Quality | 94.5% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.27 |
F-Score5
WACC9.75%
ROIC/WACC0.66
Cap/Depr(3y)192.54%
Cap/Depr(5y)213.81%
Cap/Sales(3y)7.9%
Cap/Sales(5y)10.72%
Profit Quality(3y)99.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.07%
EPS 3Y15.45%
EPS 5Y10.99%
EPS Q2Q%-4.59%
EPS Next Y7.51%
EPS Next 2Y10.98%
EPS Next 3Y10.09%
EPS Next 5Y9.63%
Revenue 1Y (TTM)22.75%
Revenue growth 3Y9.47%
Revenue growth 5Y16.38%
Sales Q2Q%68.23%
Revenue Next Year32.69%
Revenue Next 2Y19.74%
Revenue Next 3Y15.97%
Revenue Next 5Y7.7%
EBIT growth 1Y19.79%
EBIT growth 3Y24.95%
EBIT growth 5Y21.43%
EBIT Next Year64.69%
EBIT Next 3Y22.84%
EBIT Next 5Y15.18%
FCF growth 1Y1.45%
FCF growth 3Y15.73%
FCF growth 5YN/A
OCF growth 1Y10.56%
OCF growth 3Y24.28%
OCF growth 5Y20.22%