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OGE EnergyFRA:OG5 -1.90%77 Piotroski F-Score is 4 as of Jul. 29, 2026, which is 20% below its 10-year median of 5.00. 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. Among 490 Utilities - Regulated companies, OGE Energy ranks worse than 77.76% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
OGE Energy has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for OGE Energy's Piotroski F-Score or its related term are showing as below:
FRA:OG5'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 4
During the past 13 years, the highest Piotroski F-Score of OGE Energy was 7. The lowest was 3. And the median was 5.
OGE Energy (FRA:OG5) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
OGE Energy Piotroski F-Score Related Terms
OGE Energy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for OGE Energy's Piotroski F-Score 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.
FRA:OG5 vs IDA, PNW, TXNM: Piotroski F-Score Comparison
For the Utilities - Regulated Electric subindustry, OGE Energy's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OGE Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where OGE Energy's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
OGE Energy's current Net Income (TTM) was 393.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
OGE Energy's return on assets of this year was 0.03043301. OGE Energy's return on assets of last year was 0.03764531.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
OGE Energy's gearing of this year was 0.37421053. OGE Energy's gearing of last year was 0.38019632.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
OGE Energy's current ratio of this year was 0.65630311. OGE Energy's current ratio of last year was 0.72963981.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
OGE Energy's number of shares in issue this year was 207.2. OGE Energy's number of shares in issue last year was 201.9.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
OGE Energy's gross margin of this year was 0.44277762. OGE Energy's gross margin of last year was 0.46648205.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
OGE Energy's asset turnover of this year was 0.21726211. OGE Energy's asset turnover of last year was 0.24429007.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
OGE Energy has an F-score of 4 indicating the company's financial situation is typical for a stable company.
OGE Energy (FRA:OG5) has a Piotroski F-Score of 4 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OGE Energy and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, OGE Energy's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, OGE Energy ranks #381 out of 490 companies in the Utilities - Regulated industry, placing it in the top 77.8%.
Is OGE Energy's Piotroski F-Score too high?
OGE Energy's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. OGE Energy's value of 4 is 33.3% below this industry median. Based on the distribution chart, OGE Energy ranks #381 out of 490 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. 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 Piotroski F-Score compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #381 out of 490 companies for Piotroski F-Score. This places OGE Energy in the lower half of its industry. The industry median Piotroski F-Score is 6.00. OGE Energy's value of 4 is 33.3% below this benchmark. Historically, OGE Energy's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, 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 Piotroski F-Score for an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current Piotroski F-Score of 4 is 33.3% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. 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 Piotroski F-Score of 4. 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 Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 33.3% below the Utilities - Regulated industry median of 6.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current Piotroski F-Score is 4 as of Jul. 29, 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:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
Industry Position: 33.3% below the Utilities - Regulated median (#381 of 490)
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.
77GF Score
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