One Gas Stock Beta

OGS Stock

USD 77.97 0.38 0.49%

One Gas fundamentals help investors to digest information that contributes to One Gas' financial success or failures. It also enables traders to predict the movement of One Stock. The fundamental analysis module provides a way to measure One Gas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to One Gas stock.

Short Long Term Debt Total Total Assets

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One Gas Company Beta Analysis

One Gas' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current One Gas Beta

0.66

Most of One Gas' fundamental indicators, such as Beta, 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, One Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

One Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for One Gas is extremely important. It helps to project a fair market value of One Stock properly, considering its historical fundamentals such as Beta. Since One Gas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of One Gas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of One Gas' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Retained Earnings	Long Term Debt Total	Deferred Long Term Liab	Treasury Stock	Common Stock	Capital Surpluse	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	0.37	0.92	0.79	0.87	0.55	-0.29	0.99	0.74	0.61	0.79	0.95	0.78	0.95	0.98	-0.59	0.01	0.75	0.58	0.8	-0.13	0.9	0.22	0.53
Total Stockholder Equity	0.94		0.43	0.73	0.66	0.73	0.48	-0.33	0.87	0.48	0.56	0.76	0.96	0.9	0.94	0.92	-0.57	-0.13	0.88	0.59	0.82	0.0	0.73	-0.04	0.53
Current Deferred Revenue	0.37	0.43		0.27	0.04	0.35	-0.09	-0.53	0.33	0.14	0.36	0.3	0.38	0.47	0.41	0.38	-0.11	-0.07	0.47	0.23	0.52	-0.62	0.35	-0.16	0.49
Net Debt	0.92	0.73	0.27		0.8	0.91	0.5	-0.24	0.96	0.89	0.62	0.7	0.81	0.49	0.84	0.91	-0.56	0.19	0.45	0.53	0.68	-0.28	0.96	0.44	0.47
Accounts Payable	0.79	0.66	0.04	0.8		0.68	0.87	-0.26	0.82	0.67	0.6	0.57	0.74	0.36	0.75	0.74	-0.75	0.28	0.34	0.67	0.61	0.08	0.83	0.17	0.56
Long Term Debt	0.87	0.73	0.35	0.91	0.68		0.38	-0.17	0.91	0.87	0.39	0.65	0.73	0.6	0.77	0.91	-0.38	0.06	0.57	0.4	0.6	-0.3	0.89	0.51	0.38
Net Receivables	0.55	0.48	-0.09	0.5	0.87	0.38		-0.16	0.56	0.48	0.38	0.33	0.49	0.28	0.49	0.49	-0.56	0.22	0.28	0.45	0.39	0.13	0.54	0.09	0.45
Good Will	-0.29	-0.33	-0.53	-0.24	-0.26	-0.17	-0.16		-0.26	-0.06	-0.76	-0.06	-0.33	-0.21	-0.33	-0.27	0.4	-0.14	-0.24	-0.66	-0.72	0.15	-0.45	0.51	-0.93
Total Liab	0.99	0.87	0.33	0.96	0.82	0.91	0.56	-0.26		0.82	0.61	0.77	0.91	0.69	0.92	0.97	-0.58	0.07	0.65	0.54	0.76	-0.18	0.93	0.33	0.51
Total Current Assets	0.74	0.48	0.14	0.89	0.67	0.87	0.48	-0.06	0.82		0.32	0.47	0.51	0.35	0.55	0.77	-0.24	0.13	0.33	0.21	0.39	-0.37	0.83	0.75	0.27
Short Term Debt	0.61	0.56	0.36	0.62	0.6	0.39	0.38	-0.76	0.61	0.32		0.51	0.68	0.26	0.7	0.51	-0.79	0.32	0.24	0.75	0.9	-0.09	0.72	-0.32	0.85
Intangible Assets	0.79	0.76	0.3	0.7	0.57	0.65	0.33	-0.06	0.77	0.47	0.51		0.81	0.59	0.86	0.7	-0.58	0.31	0.55	0.3	0.65	0.07	0.64	0.12	0.27
Property Plant Equipment	0.95	0.96	0.38	0.81	0.74	0.73	0.49	-0.33	0.91	0.51	0.68	0.81		0.77	0.99	0.9	-0.7	0.01	0.74	0.69	0.85	0.0	0.81	-0.05	0.54
Net Tangible Assets	0.78	0.9	0.47	0.49	0.36	0.6	0.28	-0.21	0.69	0.35	0.26	0.59	0.77		0.73	0.79	-0.23	-0.37	1.0	0.3	0.63	-0.01	0.47	-0.01	0.33
Retained Earnings	0.95	0.94	0.41	0.84	0.75	0.77	0.49	-0.33	0.92	0.55	0.7	0.86	0.99	0.73		0.9	-0.73	0.07	0.69	0.65	0.87	-0.05	0.84	0.0	0.56
Long Term Debt Total	0.98	0.92	0.38	0.91	0.74	0.91	0.49	-0.27	0.97	0.77	0.51	0.7	0.9	0.79	0.9		-0.48	-0.05	0.76	0.57	0.74	-0.18	0.89	0.29	0.49
Deferred Long Term Liab	-0.59	-0.57	-0.11	-0.56	-0.75	-0.38	-0.56	0.4	-0.58	-0.24	-0.79	-0.58	-0.7	-0.23	-0.73	-0.48		-0.35	-0.2	-0.72	-0.73	-0.2	-0.61	0.27	-0.59
Treasury Stock	0.01	-0.13	-0.07	0.19	0.28	0.06	0.22	-0.14	0.07	0.13	0.32	0.31	0.01	-0.37	0.07	-0.05	-0.35		-0.4	0.18	0.08	0.01	0.25	-0.02	0.19
Common Stock	0.75	0.88	0.47	0.45	0.34	0.57	0.28	-0.24	0.65	0.33	0.24	0.55	0.74	1.0	0.69	0.76	-0.2	-0.4		0.28	0.62	0.0	0.44	-0.04	0.35
Capital Surpluse	0.58	0.59	0.23	0.53	0.67	0.4	0.45	-0.66	0.54	0.21	0.75	0.3	0.69	0.3	0.65	0.57	-0.72	0.18	0.28		0.72	0.06	0.67	-0.4	0.77
Short Long Term Debt	0.8	0.82	0.52	0.68	0.61	0.6	0.39	-0.72	0.76	0.39	0.9	0.65	0.85	0.63	0.87	0.74	-0.73	0.08	0.62	0.72		-0.07	0.77	-0.27	0.83
Cash And Equivalents	-0.13	0.0	-0.62	-0.28	0.08	-0.3	0.13	0.15	-0.18	-0.37	-0.09	0.07	0.0	-0.01	-0.05	-0.18	-0.2	0.01	0.0	0.06	-0.07		-0.29	-0.34	-0.13
Net Invested Capital	0.9	0.73	0.35	0.96	0.83	0.89	0.54	-0.45	0.93	0.83	0.72	0.64	0.81	0.47	0.84	0.89	-0.61	0.25	0.44	0.67	0.77	-0.29		0.28	0.67
Net Working Capital	0.22	-0.04	-0.16	0.44	0.17	0.51	0.09	0.51	0.33	0.75	-0.32	0.12	-0.05	-0.01	0.0	0.29	0.27	-0.02	-0.04	-0.4	-0.27	-0.34	0.28		-0.39
Capital Stock	0.53	0.53	0.49	0.47	0.56	0.38	0.45	-0.93	0.51	0.27	0.85	0.27	0.54	0.33	0.56	0.49	-0.59	0.19	0.35	0.77	0.83	-0.13	0.67	-0.39

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict One Gas

In accordance with the recently published financial statements, One Gas has a Beta of 0.662. This is 47.11% higher than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.

One Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses One Gas' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of One Gas could also be used in its relative valuation, which is a method of valuing One Gas by comparing valuation metrics of similar companies.

One Gas is currently under evaluation in beta category among its peers.

One Gas ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, One Gas' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to One Gas' managers, analysts, and investors.

Environmental

Governance

Social

One Gas Institutional Holders

Institutional Holdings refers to the ownership stake in One Gas that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of One Gas' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing One Gas' value.

		Shares
First Trust Advisors L.p.	2024-06-30	923.4 K
Silvercrest Asset Management Group Llc	2024-06-30	796.5 K
Bank Of New York Mellon Corp	2024-06-30	792.4 K
Northern Trust Corp	2024-09-30	764.8 K
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main	2024-09-30	762.2 K
Charles Schwab Investment Management Inc	2024-09-30	758.4 K
Jpmorgan Chase & Co	2024-06-30	752.4 K
Franklin Resources Inc	2024-09-30	701.9 K
Goldman Sachs Group Inc	2024-06-30	699.8 K
Blackrock Inc	2024-06-30	8.3 M
Vanguard Group Inc	2024-09-30	6.2 M

As returns on the market increase, One Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding One Gas is expected to be smaller as well.

One Fundamentals

	Return On Equity	0.0793
	Return On Asset	0.0311
	Profit Margin	0.11 %
	Operating Margin	0.18 %
	Current Valuation	7.76 B
	Shares Outstanding	56.66 M
	Shares Owned By Insiders	1.30 %
	Shares Owned By Institutions	98.20 %
	Number Of Shares Shorted	3.94 M
	Price To Earning	23.53 X
	Price To Book	1.57 X
	Price To Sales	2.15 X
	Revenue	2.37 B
	Gross Profit	646.65 M
	EBITDA	666.9 M
	Net Income	231.23 M
	Cash And Equivalents	18.13 M
	Cash Per Share	0.14 X
	Total Debt	3.07 B
	Debt To Equity	1.70 %
	Current Ratio	0.92 X
	Book Value Per Share	50.54 X
	Cash Flow From Operations	939.53 M
	Short Ratio	9.90 X
	Earnings Per Share	3.83 X
	Price To Earnings To Growth	4.19 X
	Target Price	73.0
	Number Of Employees	3.9 K
	Beta	0.66
	Market Capitalization	4.42 B
	Total Asset	7.77 B
	Retained Earnings	737.74 M
	Working Capital	(712.02 M)
	Current Asset	482.85 M
	Current Liabilities	304.22 M
	Annual Yield	0.03 %
	Five Year Return	2.61 %
	Net Asset	7.77 B
	Last Dividend Paid	2.63

About One Gas Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze One Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of One Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of One Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for One Stock Analysis

When running One Gas' price analysis, check to measure One Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy One Gas is operating at the current time. Most of One Gas' value examination focuses on studying past and present price action to predict the probability of One Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move One Gas' price. Additionally, you may evaluate how the addition of One Gas to your portfolios can decrease your overall portfolio volatility.

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