GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OGE Energy Corp (STU:OG5) » Definitions » Cyclically Adjusted Price-to-FCF

OGE Energy (STU:OG5) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


View and export this data going back to 2020. Start your Free Trial

What is OGE Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


OGE Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for OGE Energy's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

OGE Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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 Price-to-FCF 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 - - - - -

Competitive Comparison of OGE Energy's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

OGE Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


OGE Energy  (STU:OG5) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


OGE Energy Cyclically Adjusted Price-to-FCF Related Terms

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


OGE Energy (STU: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.

OGE Energy (STU:OG5) Headlines

No Headlines