What Is OKE Fair Value?
Oneok (OKE) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, Oneok (OKE) has a composite fair value estimate of $72.20 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $93.38, suggesting the stock is overvalued by 22.7%.
Data as of October 14, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$72.20
vs. current price of $93.38(-22.7%)
How Is OKE Fair Value Calculated?
Four independent models estimate what OKE is worth. Each uses different inputs and assumptions. The composite blends them by weight.
OKE Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$67.84
-27.3%Overvalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$84.63
-9.4%Fair Value
Inputs used
OKE Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$68.67
-26.5%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$57.59
-38.3%Overvalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $93.38 is 27.3% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.73B | $2.55B |
| Year 2 | $2.93B | $2.55B |
| Year 3 | $3.14B | $2.56B |
| Year 4 | $3.37B | $2.56B |
| Year 5 | $3.62B | $2.57B |
| Year 6 | $3.88B | $2.57B |
| Year 7 | $4.17B | $2.57B |
| Year 8 | $4.47B | $2.58B |
| Year 9 | $4.80B | $2.58B |
| Year 10 | $5.15B | $2.59B |
| Terminal Value | $114.31B | $57.49B |
What Are OKE's Key Financial Metrics?
Earnings & Growth
Current Price
$93.38
EPS (TTM)
$5.79
Forward P/E
15.0
Profit Margin
9.3%
Cash & Balance Sheet
Free Cash Flow
899.9M
EBITDA
7.7B
Book Value
$36.39
Total Debt
33B
What Do Analysts Say About OKE?
Low
$89.00
Average
$100.40
High
$112.00
Upside
+7.5%
OKE Fair Value FAQ
What is the fair value of OKE?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), OKE's estimated fair value is $72.20. The stock is currently trading at $93.38, which makes it overvalued by our analysis.
How is OKE's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is OKE overvalued or undervalued?
Based on our analysis, OKE is overvalued. The current price of $93.38 is 22.7% above our estimated fair value of $72.20.
What do Wall Street analysts say about OKE?
20 analysts cover Oneok with a consensus rating of "Buy." The average price target is $100.40, ranging from $89.00 to $112.00. This implies 7.5% upside from the current price.