ONEOK Financial Statements From 2010 to 2024
O1KE34 Stock | BRL 269.62 0.00 0.00% |
Check ONEOK financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ONEOK's main balance sheet or income statement drivers, such as , as well as many indicators such as . ONEOK financial statements analysis is a perfect complement when working with ONEOK Valuation or Volatility modules.
ONEOK |
ONEOK Inc Company Return On Equity Analysis
ONEOK's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current ONEOK Return On Equity | 0.27 |
Most of ONEOK's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ONEOK Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
Based on the latest financial disclosure, ONEOK Inc has a Return On Equity of 0.266. This is 113.43% lower than that of the Energy sector and 91.87% lower than that of the Oil & Gas Midstream industry. The return on equity for all Brazil stocks is 185.81% lower than that of the firm.
ONEOK Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ONEOK's current stock value. Our valuation model uses many indicators to compare ONEOK value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ONEOK competition to find correlations between indicators driving ONEOK's intrinsic value. More Info.ONEOK Inc is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ONEOK Inc is roughly 3.84 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ONEOK by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ONEOK's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About ONEOK Financial Statements
ONEOK stakeholders use historical fundamental indicators, such as ONEOK's revenue or net income, to determine how well the company is positioned to perform in the future. Although ONEOK investors may analyze each financial statement separately, they are all interrelated. For example, changes in ONEOK's assets and liabilities are reflected in the revenues and expenses on ONEOK's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ONEOK Inc. Please read more on our technical analysis and fundamental analysis pages.
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. ONEOK INC operates under Oil Gas Midstream classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 2886 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in ONEOK Stock
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:Check out the analysis of ONEOK Correlation against competitors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.