OKE Oneok
too hard · 46
Owner-earnings value$105.79
Price$86.86
Margin of safety
+21.8%
Quality gate · 46/100
⚠ sub-hurdle returns (median roic 9% < 9%) · over-levered (net debt/EBITDA 4.1x > 4x)
Median ROIC8.8%
Gross margin23.3%
Net debt / EBITDA4.0x
FCF conversion91%
Share count / yr+12.1%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 2.91B |
| Owner-earnings yield | 5.3% |
| Free-cash-flow yield | 5.3% |
| Growth used (normalized) | 10.0% |
| Market-implied growth (reverse DCF) | 5.2% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 3.20B | 10.0% | 2.93B |
| 2 | 3.49B | 9.2% | 2.94B |
| 3 | 3.79B | 8.4% | 2.92B |
| 4 | 4.08B | 7.7% | 2.89B |
| 5 | 4.36B | 6.9% | 2.83B |
| 6 | 4.62B | 6.1% | 2.76B |
| 7 | 4.87B | 5.3% | 2.66B |
| 8 | 5.09B | 4.6% | 2.56B |
| 9 | 5.28B | 3.8% | 2.43B |
| 10 | 5.44B | 3.0% | 2.30B |
Recent news
score · 8 articles
- Oneok Inc. (OKE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- Why ONEOK’s Dividend Raise Matters More Than Its Eye-Catching Yield
- Oneok Inc. (OKE) Stock Drops Despite Market Gains: Important Facts to Note
- Oil Prices Rise and Fall. These 4 High-Yield Pipeline Stocks Keep Paying
- Top Analyst Reports for Applied Materials, Philip Morris & Valero Energy
- 2 Midstream Dividend Stocks Nobody's Talking About Right Now
- ONEOK (OKE) Completed Its Corporate Reorganization On September 10
- ONEOK (OKE) Stock May Be 46% Undervalued Following Debt Tender Pricing
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~5%/yr owner-earnings growth over 10y (reverse DCF); model credits 10%.