OGS Relative Valuation
OGS'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, OGS is overvalued; if below, it's undervalued.
Historical Valuation
ONE Gas Inc (OGS) is now in the Fair zone, suggesting that its current forward PE ratio of 17.41 is considered Fairly compared with the five-year average of 18.07. The fair price of ONE Gas Inc (OGS) is between 77.53 to 89.43 according to relative valuation methord.
Relative Value
Fair Zone
77.53-89.43
Current Price：78.75
Fair
17.41
PE
1Y
3Y
5Y
Trailing
Forward
10.39
EV/EBITDA
ONE Gas Inc. (OGS) has a current EV/EBITDA of 10.39. The 5-year average EV/EBITDA is 11.68. The thresholds are as follows: Strongly Undervalued below 7.96, Undervalued between 7.96 and 9.82, Fairly Valued between 13.54 and 9.82, Overvalued between 13.54 and 15.40, and Strongly Overvalued above 15.40. The current Forward EV/EBITDA of 10.39 falls within the Historic Trend Line -Fairly Valued range.
15.89
EV/EBIT
ONE Gas Inc. (OGS) has a current EV/EBIT of 15.89. The 5-year average EV/EBIT is 19.01. The thresholds are as follows: Strongly Undervalued below 12.56, Undervalued between 12.56 and 15.79, Fairly Valued between 22.24 and 15.79, Overvalued between 22.24 and 25.47, and Strongly Overvalued above 25.47. The current Forward EV/EBIT of 15.89 falls within the Historic Trend Line -Fairly Valued range.
1.82
PS
ONE Gas Inc. (OGS) has a current PS of 1.82. The 5-year average PS is 1.88. The thresholds are as follows: Strongly Undervalued below 1.19, Undervalued between 1.19 and 1.53, Fairly Valued between 2.22 and 1.53, Overvalued between 2.22 and 2.57, and Strongly Overvalued above 2.57. The current Forward PS of 1.82 falls within the Historic Trend Line -Fairly Valued range.
7.07
P/OCF
ONE Gas Inc. (OGS) has a current P/OCF of 7.07. The 5-year average P/OCF is 6.21. The thresholds are as follows: Strongly Undervalued below -0.07, Undervalued between -0.07 and 3.07, Fairly Valued between 9.35 and 3.07, Overvalued between 9.35 and 12.50, and Strongly Overvalued above 12.50. The current Forward P/OCF of 7.07 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/FCF
ONE Gas Inc. (OGS) has a current P/FCF of 0.00. The 5-year average P/FCF is 2.09. The thresholds are as follows: Strongly Undervalued below -16.33, Undervalued between -16.33 and -7.12, Fairly Valued between 11.30 and -7.12, Overvalued between 11.30 and 20.51, and Strongly Overvalued above 20.51. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
ONE Gas Inc (OGS) has a current Price-to-Book (P/B) ratio of 1.48. Compared to its 3-year average P/B ratio of 1.45 , the current P/B ratio is approximately 2.19% higher. Relative to its 5-year average P/B ratio of 1.58, the current P/B ratio is about -5.74% higher. ONE Gas Inc (OGS) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 5.91%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -6.43% , the current FCF yield is about -100.00% lower.
1.48
P/B
Median3y
1.45
Median5y
1.58
-2.52
FCF Yield
Median3y
5.91
Median5y
-6.43
Competitors Valuation Multiple
The average P/S ratio for OGS's competitors is , providing a benchmark for relative valuation. ONE Gas Inc Corp (OGS) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 11.38%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of OGS increased by 14.78% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 5.66 to 6.98.
The secondary factor is the Revenue Growth, contributed 11.38%to the performance.
Overall, the performance of OGS in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
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