OGE Energy Valuation

Is OGE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OGE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OGE ($40.82) is trading above our estimate of fair value ($17.4)

Significantly Below Fair Value: OGE is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for OGE?

Other financial metrics that can be useful for relative valuation.

OGE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.9x
Enterprise Value/EBITDA11.5x
PEG Ratio3x

Price to Earnings Ratio vs Peers

How does OGE's PE Ratio compare to its peers?

The above table shows the PE ratio for OGE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.2x
PNW Pinnacle West Capital
16.5x5.5%US$10.4b
EVRG Evergy
19.3x7.7%US$14.3b
IDA IDACORP
20.1x8.4%US$5.6b
LNT Alliant Energy
24.8x10.1%US$15.5b
OGE OGE Energy
19.9x6.7%US$8.3b

Price-To-Earnings vs Peers: OGE is good value based on its Price-To-Earnings Ratio (19.9x) compared to the peer average (20.2x).


Price to Earnings Ratio vs Industry

How does OGE's PE Ratio compare vs other companies in the US Electric Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: OGE is good value based on its Price-To-Earnings Ratio (19.9x) compared to the US Electric Utilities industry average (20.2x).


Price to Earnings Ratio vs Fair Ratio

What is OGE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OGE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.9x
Fair PE Ratio19.7x

Price-To-Earnings vs Fair Ratio: OGE is expensive based on its Price-To-Earnings Ratio (19.9x) compared to the estimated Fair Price-To-Earnings Ratio (19.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OGE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$40.82
US$39.20
-4.0%
4.9%US$42.00US$35.00n/a10
Sep ’25US$39.56
US$38.89
-1.7%
4.9%US$42.00US$35.00n/a9
Aug ’25US$39.70
US$36.11
-9.0%
3.3%US$38.00US$34.00n/a9
Jul ’25US$35.36
US$35.78
+1.2%
3.4%US$38.00US$34.00n/a9
Jun ’25US$36.30
US$35.25
-2.9%
5.1%US$38.00US$32.00n/a8
May ’25US$35.05
US$34.88
-0.5%
5.4%US$38.00US$32.00n/a8
Apr ’25US$34.35
US$34.89
+1.6%
5.1%US$38.00US$32.00n/a9
Mar ’25US$32.84
US$35.00
+6.6%
5.0%US$38.00US$32.00n/a9
Feb ’25US$33.87
US$35.06
+3.5%
4.8%US$38.00US$32.50n/a9
Jan ’25US$34.93
US$36.33
+4.0%
4.1%US$39.00US$34.00n/a9
Dec ’24US$35.49
US$36.33
+2.4%
4.1%US$39.00US$34.00n/a9
Nov ’24US$34.50
US$35.78
+3.7%
6.1%US$39.00US$32.00n/a9
Oct ’24US$33.33
US$36.89
+10.7%
3.7%US$39.00US$35.00n/a9
Sep ’24US$33.78
US$36.89
+9.2%
3.7%US$39.00US$35.00US$39.569
Aug ’24US$35.99
US$37.88
+5.2%
3.8%US$40.00US$36.00US$39.708
Jul ’24US$35.91
US$38.00
+5.8%
3.7%US$40.00US$36.00US$35.368
Jun ’24US$35.01
US$37.88
+8.2%
3.3%US$40.00US$36.00US$36.308
May ’24US$37.43
US$38.13
+1.9%
3.3%US$40.00US$36.00US$35.058
Apr ’24US$37.66
US$38.14
+1.3%
2.9%US$39.00US$36.00US$34.357
Mar ’24US$35.14
US$38.63
+9.9%
2.2%US$40.00US$37.00US$32.848
Feb ’24US$39.83
US$39.75
-0.2%
3.9%US$42.00US$37.00US$33.878
Jan ’24US$39.55
US$38.50
-2.7%
8.7%US$44.00US$34.00US$34.938
Dec ’23US$39.86
US$37.88
-5.0%
8.2%US$44.00US$34.00US$35.498
Nov ’23US$36.92
US$38.44
+4.1%
7.6%US$44.00US$34.00US$34.509
Oct ’23US$36.46
US$41.40
+13.5%
4.3%US$44.00US$37.00US$33.3310
Sep ’23US$41.01
US$41.00
-0.02%
5.2%US$44.00US$36.00US$33.7810

Analyst Forecast: Target price is lower than the current share price.


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