Fundamental analysis OGE (OGE Energy Corp)
Updated on 06/08/2026
Method and analysis by Lubin Danilo, founder of Lubin Investment. Score computed automatically, with no human opinion.
We analyzed OGE Energy stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 6/10, meaning medium quality, and a P/FCF valuation multiple of 46.2×.
OGE Energy fails part of our quality criteria without the price making up for it. Neither quality nor valuation argues in its favour today, according to our 10 hard criteria.
Sector: Utilities - Regulated Electric. Listing: US. Current price: 47.02 USD.
Lubin scoring methodology
OGE Energy Corp (OGE)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Michael Mauboussin, Aswath Damodaran). The final score is the sum of validations.
The thresholds come from the financial literature, not from our preferences: see the valuation work of Aswath Damodaran (NYU Stern) and the SEC investor education resources (investor.gov).
OGE Energy's accounts are public: you can check every figure in its official 10-K filings with the SEC (EDGAR).
The 10 quantitative criteria analyzed
- Profitable: net margin > 5%
- Growing revenue: revenue growing > 10%/year over 5 years
- Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
- Share count under control: stable or declining (net buybacks = value creation for shareholders)
- Growing revenue per employee: revenue and revenue per employee both grow ≥ 10%/year over 5 years; partial when only one growth driver reaches its tier (fallback: free cash flow margin > 10% when employee history is unavailable)
- Expanding margins: operating margin widens over 5 years (operating leverage)
- Return on invested capital: Cash ROCE > 15% per year
- Debt under control: net debt repayable in less than 3 years of free cash flow
- Earnings converted to cash: free cash flow exceeds accounting net income
- Net collection period: short or negative cash conversion cycle
Its price against peers
Against the 5 other Utilities Regulated Electric stocks we have scored, OGE Energy trades at 46.2× its free cash flow, versus a median of 4.2× for that basket. On price alone, OGE Energy is therefore more expensive than its peers. That says nothing about its quality: at Lubin Investment, quality and price are judged separately, and a low multiple is only a bargain if the quality holds up.
Frequently asked questions
Is OGE Energy a quality stock?
OGE Energy gets a quality score of 6/10 (medium quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.
How is OGE Energy's score calculated?
The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.
What is OGE Energy's P/FCF?
The price-to-free-cash-flow (P/FCF) multiple of OGE Energy stock is 46.2×. At Lubin Investment, valuation is judged separately from quality.
Where to see OGE Energy's full analysis?
The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/OGE?lng=en.
Other stocks in the Utilities Regulated Electric sector
- Enerjisa Enerji A.S. (ENJSA.IS), score 9/10, P/FCF 3.7×
- Empresa Distribuidora y Comercializadora Norte (EDN), score 8/10
- Dominion Energy (D), score 8/10
- CEZ, a. s. (CEZ.PR), score 8/10, P/FCF 11.5×
Go further
👉 See the full interactive analysis of OGE
Other resources : All stocks in the Utilities Regulated Electric sector.