OGE Energy Corp. valuation and forecast

Explore the models for OGE Energy Corp., adjust their assumptions and compare your own valuation with the platform's.

Your valuation workspace

What is OGE worth to you?

Start with the company's financial data. Make the assumptions your own.

9 models available

All model types

01 / Assumptions

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The cash flows behind your value

USD per share

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Forecast year	Cash flow / share

Negative cash flows are shown in terracotta. Before the terminal value and equity bridge. Residual-income models show excess earnings; dividend models show dividends.

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Your weighted value—

Weights start with the platform's included models. Change them to build your own combination. Select a model name to edit its assumptions.

Model	Your value / share	Weight

The platform's price and consistency filters are not reapplied to your scenarios.

Other model types 13 unavailable for OGE

Revenue-to-maturity DCF

This model does not apply to this company with the available financial data.

Growth DCF

This model does not apply to this company with the available financial data.

P/B vs return on equity

This model does not apply to this company with the available financial data.

Peer price-to-book

This model does not apply to this company with the available financial data.

Peer P/E

This model does not apply to this company with the available financial data.

Peer price-to-FFO

This model does not apply to this company with the available financial data.

Peer price-to-sales

This model does not apply to this company with the available financial data.

Forward peer price-to-sales

This model does not apply to this company with the available financial data.

Growing-dividend model

This model does not apply to this company with the available financial data.

REIT funds from operations

This model does not apply to this company with the available financial data.

Book value / net assets

This model does not apply to this company with the available financial data.

Reported crypto treasury NAV

This model does not apply to this company with the available financial data.

Proved-reserve NAV

This model does not apply to this company with the available financial data.

Model values are estimates under the assumptions shown. They are not share-price forecasts or investment advice.

Valuation models compared

Utility earnings modelNet income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative.

~$55~$45–$69

Forward price-to-earnings vs peersNext year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.

~$41~$40–$50

Justified price-to-bookBook value times (return on equity - growth) / (cost of equity - growth): steady-state returns.

~$57~$46–$76

Residual incomeBook value plus the present value of returns above the cost of equity, fading over ten years.

~$44~$32–$64

Dividend discount (two-stage)Dividends for five years at the growth the business can fund, then a steady payout and growth.

~$57~$45–$76

Models combinedweighted average of 5 models; primary model counts double

~$51~$41–$57

range across growth cases central value market price $49.21

Different models answer different questions: the cash-flow models ask what the business generates for owners; the peer multiples ask what similar companies in our coverage trade on. Where they disagree, the gap is the story. Projections are estimates based on current data, updated daily. Not investment advice. How each model works.

Analyst recommendations

14 analysts, Oct 2026

Buy536%

Hold857%

Sell17%

Monthly trend

Oct 2026328114
Sep 202642814
Aug 2026228113
Jul 2026229114

Counts of recommendations published by analysts covering OGE Energy Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Price history

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Third-party market data · may be delayed

How our value has changed

Our value per share (re-run on each quarter's filings) Share price, month end

View the data

Period	Our value per share
FY2016 Q2 (backtest)	$4.00
FY2016 Q3 (backtest)	$6.29
FY2016 Q4 (backtest)	$6.12
FY2017 Q1 (backtest)	$5.95
FY2017 Q2 (backtest)	$0.84
FY2018 Q3 (backtest)	$2.13
FY2018 Q4 (backtest)	$1.72
FY2019 Q4 (backtest)	$1.77
FY2020 Q1 (backtest)	$3.68
FY2020 Q2 (backtest)	$8.14
FY2020 Q3 (backtest)	$8.60
FY2020 Q4 (backtest)	$2.80

Our model re-run on each past quarter's filed figures: how the method would have valued OGE Energy Corp. at the time (a backtest — our dated public record starts at launch). The grey line is the share price at month end, for comparison.

The assumptions

Free cash flow (TTM, FY2026 Q3): $209M
Less stock-based pay: $15.7M
Cash flow we value: $183M
Growth, years 1–5 (base): %
Then fading to: 2.5%
Discount rate: 8.5%
Net cash added: -$6B
Diluted shares: 208M

What would move the value

Growth 5 points lower: —
Growth 5 points higher: +241%
Free-cash-flow margin 1 point lower: −60%
Discount rate 1 point higher: —

Change in our model value when one input moves, all else equal.

OGE valuation questions

How does Fundamentalytics value OGE Energy Corp.?: We use the models that fit OGE Energy Corp.'s business and available financial data: utility earnings model, forward price-to-earnings vs peers, justified price-to-book, residual income, dividend discount (two-stage). Each model has its own assumptions and data requirements. The calculator explains which models are available and lets you adjust their inputs.

Data: SEC EDGAR filings, retrieved October 29, 2026. Method: how we value companies. Disclosures: research and recommendations disclosure. Back to OGE Energy Corp.

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