Fair value (multi-method)
Four independent methods triangulate what OKE is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$850.48
Method range
$31.29 – $850.48
median $91.22
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $850.48 | +826.96% |
| Exit multiple | $89.95 | -1.96% |
| Analyst target | $92.50 | +0.82% |
| Graham number | $31.29 | -65.90% |
- Forward DCF$850.48
- Exit multiple$89.95
- Analyst target$92.50
- Graham number$31.29
Stock price
$91.75
FCF / share (TTM)
$0.11
3Y FCF CAGR
-1.6%
Fair value @ hist. growth
$1.46
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
56.1%
per year over your projection horizon
Margin of safety -6,204.7% vs hist-growth DCF
Historical 3Y CAGR
-1.6%
Your model implies
56.1%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at -2% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 6.2% | 50.8% | 49.2% | 47.4% | 45.4% | 43.1% |
| 7.2% | 54.8% | 53.5% | 52.1% | 50.5% | 48.7% |
| 8.2% | 58.5% | 57.3% | 56.1% | 54.8% | 53.3% |
| 9.2% | 61.8% | 60.8% | 59.8% | 58.7% | 57.4% |
| 10.2% | 65.0% | 64.1% | 63.2% | 62.2% | 61.1% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$32.7B
Total debt − cash
Beta
0.71
Vs market benchmark
Frequently asked questions
ONEOK (OKE) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks0.08% TTM
- Dividend Profile4.58% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.