OGE Valuation

OGE Energy Corp

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44.300

-0.24(-0.539%)1D

Overview
Forecast
Valuation
Earnings

OGE Relative Valuation

OGE's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, OGE is overvalued; if below, it's undervalued.

Historical Valuation

OGE Energy Corp (OGE) is now in the Overvalued zone, suggesting that its current forward PE ratio of 18.88 is considered Overvalued compared with the five-year average of 16.43. The fair price of OGE Energy Corp (OGE) is between 36.31 to 43.15 according to relative valuation methord. Compared to the current price of 44.30 USD , OGE Energy Corp is Overvalued By 2.66%.

Relative Value

Fair Zone

36.31-43.15

Current Price：44.30

2.66%

Overvalued

18.88

Trailing

Forward

10.39

EV/EBITDA

OGE Energy Corp. (OGE) has a current EV/EBITDA of 10.39. The 5-year average EV/EBITDA is 10.71. The thresholds are as follows: Strongly Undervalued below 8.37, Undervalued between 8.37 and 9.54, Fairly Valued between 11.88 and 9.54, Overvalued between 11.88 and 13.05, and Strongly Overvalued above 13.05. The current Forward EV/EBITDA of 10.39 falls within the Historic Trend Line -Fairly Valued range.

17.64

EV/EBIT

OGE Energy Corp. (OGE) has a current EV/EBIT of 17.64. The 5-year average EV/EBIT is 18.28. The thresholds are as follows: Strongly Undervalued below 14.08, Undervalued between 14.08 and 16.18, Fairly Valued between 20.38 and 16.18, Overvalued between 20.38 and 22.48, and Strongly Overvalued above 22.48. The current Forward EV/EBIT of 17.64 falls within the Historic Trend Line -Fairly Valued range.

2.82

OGE Energy Corp. (OGE) has a current PS of 2.82. The 5-year average PS is 2.40. The thresholds are as follows: Strongly Undervalued below 1.80, Undervalued between 1.80 and 2.10, Fairly Valued between 2.71 and 2.10, Overvalued between 2.71 and 3.01, and Strongly Overvalued above 3.01. The current Forward PS of 2.82 falls within the Overvalued range.

8.02

P/OCF

OGE Energy Corp. (OGE) has a current P/OCF of 8.02. The 5-year average P/OCF is 7.72. The thresholds are as follows: Strongly Undervalued below 4.29, Undervalued between 4.29 and 6.01, Fairly Valued between 9.44 and 6.01, Overvalued between 9.44 and 11.16, and Strongly Overvalued above 11.16. The current Forward P/OCF of 8.02 falls within the Historic Trend Line -Fairly Valued range.

89.33

P/FCF

OGE Energy Corp. (OGE) has a current P/FCF of 89.33. The 5-year average P/FCF is -10.65. The thresholds are as follows: Strongly Undervalued below -794.41, Undervalued between -794.41 and -402.53, Fairly Valued between 381.22 and -402.53, Overvalued between 381.22 and 773.10, and Strongly Overvalued above 773.10. The current Forward P/FCF of 89.33 falls within the Historic Trend Line -Fairly Valued range.

OGE Energy Corp (OGE) has a current Price-to-Book (P/B) ratio of 1.93. Compared to its 3-year average P/B ratio of 1.72 , the current P/B ratio is approximately 12.51% higher. Relative to its 5-year average P/B ratio of 1.76, the current P/B ratio is about 9.46% higher. OGE Energy Corp (OGE) has a Forward Free Cash Flow (FCF) yield of approximately -2.59%. Compared to its 3-year average FCF yield of -0.86%, the current FCF yield is approximately 201.79% lower. Relative to its 5-year average FCF yield of -3.52% , the current FCF yield is about -26.41% lower.

1.93

P/B

Median3y

1.72

Median5y

1.76

-2.59

FCF Yield

Median3y

-0.86

Median5y

-3.52

Competitors Valuation Multiple

The average P/S ratio for OGE's competitors is 2.09, providing a benchmark for relative valuation. OGE Energy Corp Corp (OGE) exhibits a P/S ratio of 2.82, which is 34.81% above the industry average. Given its robust revenue growth of 11.92%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Pinnacle West Capital Corp

Algonquin Power & Utilities Corp

Brookfield Renewable Corp

1.91

-3.74%

5.92B

Performance Decomposition

Market capitalization of OGE increased by 11.92% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 662.60M to 741.60M.

The secondary factor is the P/E Change, contributed 6.09%to the performance.

Overall, the performance of OGE in the past 1 year is driven by Revenue Growth. Which is more sustainable.

11.92%

662.60M → 741.60M

Revenue Growth

-6.09%

15.44 → 14.50

Margin Expansion

6.09%

17.29 → 18.35

P/E Change

11.92%