OGE Energy Current Valuation vs. Return On Equity
| OGE Stock | USD 42.04 0.01 0.02% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.44 | 0.4712 |
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For OGE Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OGE Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OGE Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OGE Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OGE Energy over time as well as its relative position and ranking within its peers.
OGE |
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OGE Energy. If investors know OGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.676 | Earnings Share 1.93 | Revenue Per Share 13.916 | Quarterly Revenue Growth 0.021 |
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
OGE Energy Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OGE Energy's current stock value. Our valuation model uses many indicators to compare OGE Energy value to that of its competitors to determine the firm's financial worth. OGE Energy is rated below average in current valuation category among its peers. It is rated below average in return on equity category among its peers . The ratio of Current Valuation to Return On Equity for OGE Energy is about 161,846,024,923 . At present, OGE Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value OGE Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.OGE Current Valuation vs. Competition
OGE Energy is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities industry is now estimated at about 288.86 Billion. OGE Energy holds roughly 13.71 Billion in current valuation claiming about 5% of Utilities industry.
OGE Return On Equity vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
OGE Energy |
| = | 13.71 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
OGE Energy |
| = | 0.0847 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
OGE Return On Equity Comparison
OGE Energy is currently under evaluation in return on equity category among its peers.
OGE Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OGE Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OGE Energy will eventually generate negative long term returns. The profitability progress is the general direction of OGE Energy's change in net profit over the period of time. It can combine multiple indicators of OGE Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -7.2 M | -7.6 M | |
| Operating Income | 650.2 M | 496.4 M | |
| Net Income | 416.8 M | 299 M | |
| Income Tax Expense | 56.2 M | 42.3 M | |
| Income Before Tax | 473 M | 394.3 M | |
| Total Other Income Expense Net | -177.2 M | -168.3 M | |
| Net Income Applicable To Common Shares | 765.6 M | 803.8 M | |
| Net Income From Continuing Ops | 418.9 M | 438 M | |
| Non Operating Income Net Other | 352 M | 369.6 M | |
| Interest Income | 133.2 M | 160.7 M | |
| Net Interest Income | -208.5 M | -218.9 M | |
| Change To Netincome | -242.6 M | -230.5 M | |
| Net Income Per Share | 2.08 | 2.18 | |
| Income Quality | 2.96 | 2.17 | |
| Net Income Per E B T | 0.88 | 0.58 |
OGE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OGE Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of OGE Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the OGE Energy's important profitability drivers and their relationship over time.
Use OGE Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OGE Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OGE Energy will appreciate offsetting losses from the drop in the long position's value.OGE Energy Pair Trading
OGE Energy Pair Trading Analysis
The ability to find closely correlated positions to OGE Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OGE Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OGE Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OGE Energy to buy it.
The correlation of OGE Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OGE Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OGE Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OGE Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your OGE Energy position
In addition to having OGE Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 42 constituents at this time.
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Check out Your Equity Center. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
To fully project OGE Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of OGE Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include OGE Energy's income statement, its balance sheet, and the statement of cash flows.