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OGE EnergyFRA:OG5 -0.51%80 Earnings Yield (Joel Greenblatt) % is 5.12% as of Jun. 2026, which is 11% below its 10-year median of 5.77. GuruFocus rates FRA:OG5 with a GF Score™ of 80/100 and a GF Value™ of €38.34. The stock has 11 warning signs investors should review. Among 510 Utilities - Regulated companies, OGE Energy ranks worse than 64.31% on this metric.
OGE Energy's Enterprise Value for the quarter that ended in Jun. 2026 was €13,748 Mil.
OGE Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €699 Mil. OGE Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.12%.
The historical rank and industry rank for OGE Energy's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:OG5'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.89 Med: 5.77 Max: 12
Current: 5.22
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of OGE Energy was 12.00%. The lowest was -1.89%. And the median was 5.77%.
FRA:OG5's Earnings Yield (Joel Greenblatt) % is ranked worse than 64.31% of 510
companies
in the Utilities - Regulated industry
Industry Median: 6.55
vs FRA:OG5: 5.22
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. OGE Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -0.44%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
OGE Energy (FRA:OG5) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
OGE Energy Earnings Yield (Joel Greenblatt) % Related Terms
OGE Energy Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for OGE Energy's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
For the Utilities - Regulated Electric subindustry, OGE Energy's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OGE Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OGE Energy's Earnings Yield (Joel Greenblatt) % falls into.
OGE Energy Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
OGE Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
OGE Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €699 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.12% mean?
OGE Energy (FRA:OG5) has a Earnings Yield (Joel Greenblatt) % of 5.12% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OGE Energy and its competitors. This is 11% below median its historical median of 5.77. According to the industry distribution chart, OGE Energy ranks #328 out of 510 companies in the Utilities - Regulated industry, placing it in the top 64.3%.
Is OGE Energy's Earnings Yield (Joel Greenblatt) % too high?
OGE Energy's current Earnings Yield (Joel Greenblatt) % of 5.12% is 11% below median its 10-year median of 5.77. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.55. OGE Energy's value of 5.12% is 21.8% below this industry median. Based on the distribution chart, OGE Energy ranks #328 out of 510 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, OGE Energy has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does OGE Energy's Earnings Yield (Joel Greenblatt) % compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #328 out of 510 companies for Earnings Yield (Joel Greenblatt) %. This places OGE Energy in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.55. OGE Energy's value of 5.12% is 21.8% below this benchmark. While the company's 10-year median is 5.77 vs. the industry median of 6.55, OGE Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.55, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current Earnings Yield (Joel Greenblatt) % of 5.12% is 21.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current Earnings Yield (Joel Greenblatt) % is 5.12%, which is 11% below median its own 10-year median of 5.77. 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 Earnings Yield (Joel Greenblatt) % of 5.12%. The stock's GF Value™ is €38.34, compared to a current price of €39.40 — trading 2.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.12%, which is 11% below median its 10-year median of 5.77 and 21.8% below the Utilities - Regulated industry median of 6.55. OGE Energy's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current Earnings Yield (Joel Greenblatt) % is 5.12% as of Jun. 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 €39.40 is trading 2.8% above its estimated GF Value™ of €38.34.
Key valuation signals for FRA:OG5:
Earnings Yield (Joel Greenblatt) %: 5.12% (11% below median its 10-year median of 5.77)
GF Value™: €38.34 vs. price of €39.40 (2.8% above fair value)
Industry Position: 21.8% below the Utilities - Regulated median (#328 of 510)
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 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.
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