OGE Energy (FRA:OG5) Cyclically Adjusted FCF per Share: €-0.40 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:OG5 OGE Energy Corp FRA:OG5
77 GF Score
Price €41.20
GF Value €37.66
! 11 Warning Signs
View Full Analysis

What is OGE Energy Cyclically Adjusted FCF per Share?

OGE Energy FRA:OG5 -1.90% 77 Cyclically Adjusted FCF per Share is €-0.40 as of Mar. 2026. GuruFocus rates FRA:OG5 with a GF Score™ of 77/100 and a GF Value™ of €37.66. The stock has 11 warning signs investors should review.

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. 2026 was €-0.381. 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 €-0.40 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -15.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -30.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% 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 (2026-07-29), OGE Energy's current stock price is €41.20. OGE Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.40. OGE Energy's Cyclically Adjusted Price-to-FCF of today is .


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


OGE Energy Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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.

OGE Energy Cyclically Adjusted FCF per Share Chart

OGE Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.29 -0.04 -0.29 -0.41

OGE Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.40 -0.37 -0.39 -0.41 -0.40

FRA:OG5 vs IDA, PNW, TXNM: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


FRA:OG5
77GF Score
OGE Energy Corp FRA:OG5
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.381/330.2130*330.2130
=-0.381

Current CPI (Mar. 2026) = 330.2130.

OGE Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.271 241.018 -0.371
201609 0.558 241.428 0.763
201612 0.116 241.432 0.159
201703 -0.603 243.801 -0.817
201706 -0.734 244.955 -0.989
201709 0.397 246.819 0.531
201712 0.674 246.524 0.903
201803 0.120 249.554 0.159
201806 0.217 251.989 0.284
201809 0.929 252.439 1.215
201812 0.348 251.233 0.457
201903 -0.547 254.202 -0.711
201906 -0.272 256.143 -0.351
201909 0.575 256.759 0.739
201912 0.468 256.974 0.601
202003 -0.105 258.115 -0.134
202006 0.026 257.797 0.033
202009 0.522 260.280 0.662
202012 -0.178 260.474 -0.226
202103 -4.612 264.877 -5.750
202106 -0.094 271.696 -0.114
202109 0.367 274.310 0.442
202112 0.116 278.802 0.137
202203 -0.730 287.504 -0.838
202206 -1.327 296.311 -1.479
202209 2.613 296.808 2.907
202212 -0.824 296.797 -0.917
202303 -0.529 301.836 -0.579
202306 0.181 305.109 0.196
202309 0.541 307.789 0.580
202312 0.057 306.746 0.061
202403 -0.660 312.332 -0.698
202406 -0.324 314.175 -0.341
202409 0.461 315.301 0.483
202412 -0.791 315.605 -0.828
202503 -1.070 319.799 -1.105
202506 0.278 322.561 0.285
202509 0.710 324.800 0.722
202512 0.348 324.054 0.355
202603 -0.381 330.213 -0.381

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

What does a Cyclically Adjusted FCF per Share of €-0.40 mean?
OGE Energy (FRA:OG5) has a Cyclically Adjusted FCF per Share of €-0.40 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on OGE Energy and its competitors.
Is OGE Energy's Cyclically Adjusted FCF per Share too high?
OGE Energy's current Cyclically Adjusted FCF per Share is €-0.40. Overall, OGE Energy has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does OGE Energy's Cyclically Adjusted FCF per Share compare to IDA and PNW?
OGE Energy's Cyclically Adjusted FCF per Share of €-0.40 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on OGE Energy and its competitors. OGE Energy's current Cyclically Adjusted FCF per Share is €-0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OGE Energy stock overvalued right now?
OGE Energy (FRA:OG5) has a current Cyclically Adjusted FCF per Share of €-0.40. The stock's GF Value™ is €37.66, compared to a current price of €41.20 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.40. OGE Energy's overall GF Score™ is 77/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current Cyclically Adjusted FCF per Share is €-0.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is OGE Energy (FRA:OG5) Overvalued in 2026?

Based on GuruFocus' analysis, OGE Energy stock appears to be overvalued. The current stock price of €41.20 is trading 9.4% above its estimated GF Value™ of €37.66.

Key valuation signals for FRA:OG5:

  • Cyclically Adjusted FCF per Share: €-0.40
  • GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
  • GF Score™: 77/100 with 11 warning signs

No single metric tells the full story. See the FRA:OG5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OGE Energy Business Description

Other Exchanges OGE:USAOG5:Germany
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 service for 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 its retail gas business in 1928 and no longer has any gas operations.
77GF Score

Get the complete analysis for FRA:OG5

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.20
Price
€37.66
GF Value