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OGE Energy (OGE Energy) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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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.

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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
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OGE Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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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 Dec. 2023 is calculated as:

For example, OGE Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.422/129.4194*129.4194
=0.422

Current CPI (Dec. 2023) = 129.4194.

OGE Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.745 99.695 -0.967
201406 0.164 100.560 0.211
201409 0.724 100.428 0.933
201412 0.616 99.070 0.805
201503 0.154 99.621 0.200
201506 0.237 100.684 0.305
201509 0.781 100.392 1.007
201512 0.427 99.792 0.554
201603 -0.522 100.470 -0.672
201606 -0.304 101.688 -0.387
201609 0.627 101.861 0.797
201612 0.122 101.863 0.155
201703 -0.645 102.862 -0.812
201706 -0.824 103.349 -1.032
201709 0.473 104.136 0.588
201712 0.798 104.011 0.993
201803 0.148 105.290 0.182
201806 0.253 106.317 0.308
201809 1.084 106.507 1.317
201812 0.396 105.998 0.484
201903 -0.618 107.251 -0.746
201906 -0.308 108.070 -0.369
201909 0.633 108.329 0.756
201912 0.520 108.420 0.621
202003 -0.116 108.902 -0.138
202006 0.029 108.767 0.035
202009 0.614 109.815 0.724
202012 -0.216 109.897 -0.254
202103 -5.490 111.754 -6.358
202106 -0.113 114.631 -0.128
202109 0.432 115.734 0.483
202112 0.131 117.630 0.144
202203 -0.804 121.301 -0.858
202206 -1.403 125.017 -1.452
202209 2.587 125.227 2.674
202212 -0.873 125.222 -0.902
202303 -0.688 127.348 -0.699
202306 0.072 128.729 0.072
202309 0.463 129.860 0.461
202312 0.422 129.419 0.422

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  (NYSE:OGE) 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 (OGE Energy) 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.
Executives
David L Hauser director 704-731-1522, CHARLOTTE NC 28209-4674
Cathy R. Gates director C/O TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
David E Rainbolt director C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Whitfield Johnny W Jr officer: VP Bus Intel, Supp Chain-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Keith E Erickson officer: VP Sales & Cust Oper (OG&E) PO BOX 321, OKLAHOMA CITY OK 73101
Cristina F Mcquistion officer: VP Process & Perf Improvement P.O. BOX 321, OKLAHOMA CITY OK 73101
Patricia D Horn officer: VP-Gov, Env; Corp Sec PO BOX 321, OKLAHOMA CITY OK 73101
David A Parker officer: VP- Tech, Data, Security-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Kissam Luther C Iv director 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Christine Ostendorf Woodworth officer: VP- Corp Com Brand & Marketing C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
J. Michael Sanner director 3701 STONEHURST, JONES OK 73049
Scott A Briggs officer: VP- Human Resources-OG&E PO BOX 321, OKLAHOMA CITY OK 73103
Robert J Burch officer: VP- Utility Technical Services PO BOX 321, OKLAHOMA CITY OK 73101
Matthew J Schuermann officer: VP- Power Supply Ops-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
William Bryan Buckler officer: Chief Financial Officer C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73103