ONEOK Inc
NYSE:OKE

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ONEOK Inc
NYSE:OKE
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Price: 102.3 USD 2.98% Market Closed
Market Cap: 63.9B USD

Relative Value

The Relative Value of one OKE stock under the Base Case scenario is 124.48 USD. Compared to the current market price of 102.3 USD, ONEOK Inc is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

OKE Relative Value
Base Case
124.48 USD
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
30
Median 3Y
1.5
Median 5Y
1.6
Industry
1.2
Forward
2.1
vs History
12
vs Industry
9
Median 3Y
15.9
Median 5Y
15.8
Industry
10
Forward
15.9
vs History
1
vs Industry
8
Median 3Y
9.6
Median 5Y
9.2
Industry
4.9
vs History
60
vs Industry
29
Median 3Y
12.1
Median 5Y
16.1
Industry
9.9
vs History
39
vs Industry
12
Median 3Y
3.4
Median 5Y
3.3
Industry
1.2
vs History
1
vs Industry
28
Median 3Y
2.2
Median 5Y
2.8
Industry
1.7
Forward
3.2
vs History
7
vs Industry
18
Median 3Y
9.3
Median 5Y
8.7
Industry
4.5
vs History
7
vs Industry
10
Median 3Y
12.1
Median 5Y
11.7
Industry
5.9
Forward
10.7
vs History
7
vs Industry
10
Median 3Y
14.9
Median 5Y
14.4
Industry
8.3
Forward
14.4
vs History
1
vs Industry
9
Median 3Y
14.3
Median 5Y
14.5
Industry
6.4
vs History
11
vs Industry
8
Median 3Y
22.4
Median 5Y
21.5
Industry
10.8
vs History
63
vs Industry
24
Median 3Y
1.6
Median 5Y
1.6
Industry
0.9

Multiples Across Competitors

OKE Competitors Multiples
ONEOK Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.7 19.7 14.5 17.8
CA
Enbridge Inc
TSX:ENB
138B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.5B USD 7.1 33.5 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.9B USD 1.3 12.5 11 14.8
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
63.8B USD 4.2 24.6 13.9 21.3
US
MPLX LP
NYSE:MPLX
54.8B USD 4.6 12.8 11.1 13.8
US
Cheniere Energy Inc
NYSE:LNG
52.3B USD 3.3 16.1 9.9 11.9
CA
TC Energy Corp
TSX:TRP
73.3B CAD 5.3 16 15 22.2
US
Targa Resources Corp
NYSE:TRGP
44.6B USD 2.7 35.2 14.1 21.6
US
Cheniere Energy Partners LP
NYSE:CQP
30.2B USD 3.5 14.7 11.2 13.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ONEOK Inc
NYSE:OKE
Average EV/EBIT: 18.5
17.8
14%
1.3
CA
Enbridge Inc
TSX:ENB
23.5
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.8
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
14.8
7%
2.1
US
Energy Transfer LP
NYSE:ET
13.5
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
21.3
13%
1.6
US
MPLX LP
NYSE:MPLX
13.8
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
22.2
16%
1.4
US
Targa Resources Corp
NYSE:TRGP
21.6
16%
1.4
US
Cheniere Energy Partners LP
NYSE:CQP
13.7
-1%
N/A