What Is OKE Fair Value?
Oneok (OKE) fair value estimate using multiple valuation models, updated daily.
As of July 16, 2026, Oneok (OKE) has a composite fair value estimate of $73.70 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $91.03, suggesting the stock is overvalued by 19.0%.
Data as of July 16, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$73.70
vs. current price of $91.03(-19.0%)
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 →
$71.29
-21.7%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 →
$87.52
-3.9%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 →
$67.62
-25.7%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.
$57.26
-37.1%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 $91.03 is 21.7% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.71B | $2.54B |
| Year 2 | $2.90B | $2.54B |
| Year 3 | $3.09B | $2.54B |
| Year 4 | $3.29B | $2.54B |
| Year 5 | $3.51B | $2.54B |
| Year 6 | $3.75B | $2.53B |
| Year 7 | $4.00B | $2.53B |
| Year 8 | $4.27B | $2.53B |
| Year 9 | $4.55B | $2.53B |
| Year 10 | $4.85B | $2.53B |
| Terminal Value | $117.14B | $60.97B |
What Are OKE's Key Financial Metrics?
Earnings & Growth
Current Price
$91.03
EPS (TTM)
$5.55
Forward P/E
14.8
Profit Margin
10.0%
Cash & Balance Sheet
Free Cash Flow
454.4M
EBITDA
7.5B
Book Value
$35.49
Total Debt
33.7B
What Do Analysts Say About OKE?
Low
$84.00
Average
$95.76
High
$113.00
Upside
+5.2%
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 $73.70. The stock is currently trading at $91.03, 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 $91.03 is 19.0% above our estimated fair value of $73.70.
What do Wall Street analysts say about OKE?
21 analysts cover Oneok with a consensus rating of "Buy." The average price target is $95.76, ranging from $84.00 to $113.00. This implies 5.2% upside from the current price.