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OGE Energy (FRA:OG5) Cyclically Adjusted FCF per Share : €-0.03 (As of Mar. 2024)


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What is OGE Energy Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

OGE Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.660. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-0.03 for the trailing ten years ended in Mar. 2024.

During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 23.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of OGE Energy was 85.00% per year. The lowest was -269.60% per year. And the median was -6.60% per year.

As of today (2024-05-23), OGE Energy's current stock price is €33.60. OGE Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.03. OGE Energy's Cyclically Adjusted Price-to-FCF of today is .


OGE Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for OGE Energy's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OGE Energy Cyclically Adjusted FCF per Share Chart

OGE Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.04 -0.27 -0.29 -0.04

OGE Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 -0.06 -0.06 -0.04 -0.03

Competitive Comparison of OGE Energy's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, OGE Energy's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OGE Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OGE Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where OGE Energy's Cyclically Adjusted Price-to-FCF falls into.



OGE Energy Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, OGE Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.66/131.7762*131.7762
=-0.660

Current CPI (Mar. 2024) = 131.7762.

OGE Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.121 100.560 0.159
201409 0.562 100.428 0.737
201412 0.500 99.070 0.665
201503 0.143 99.621 0.189
201506 0.211 100.684 0.276
201509 0.696 100.392 0.914
201512 0.392 99.792 0.518
201603 -0.469 100.470 -0.615
201606 -0.271 101.688 -0.351
201609 0.558 101.861 0.722
201612 0.116 101.863 0.150
201703 -0.603 102.862 -0.772
201706 -0.734 103.349 -0.936
201709 0.397 104.136 0.502
201712 0.674 104.011 0.854
201803 0.120 105.290 0.150
201806 0.217 106.317 0.269
201809 0.929 106.507 1.149
201812 0.348 105.998 0.433
201903 -0.547 107.251 -0.672
201906 -0.272 108.070 -0.332
201909 0.575 108.329 0.699
201912 0.468 108.420 0.569
202003 -0.105 108.902 -0.127
202006 0.026 108.767 0.032
202009 0.522 109.815 0.626
202012 -0.178 109.897 -0.213
202103 -4.612 111.754 -5.438
202106 -0.094 114.631 -0.108
202109 0.367 115.734 0.418
202112 0.116 117.630 0.130
202203 -0.730 121.301 -0.793
202206 -1.327 125.017 -1.399
202209 2.613 125.227 2.750
202212 -0.824 125.222 -0.867
202303 -0.529 127.348 -0.547
202306 -0.046 128.729 -0.047
202309 0.434 129.860 0.440
202312 0.387 129.419 0.394
202403 -0.660 131.776 -0.660

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


OGE Energy  (FRA:OG5) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


OGE Energy Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of OGE Energy's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


OGE Energy (FRA:OG5) Business Description

Industry
Traded in Other Exchanges
Address
321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold is retail gas business in 1928 and no longer has any gas operations.

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