OKENEUTRAL

EV/EBITDA

12.1x

Updated 224h ago

Sector Performance

42th percentile

OKE

12.1x

Sector Median

13.7x

Sector Avg

18.7x

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Deep Analysis

EV/EBITDA, or enterprise value divided by earnings before interest, taxes, depreciation, and amortization, measures how many years of cash profits it would take to buy the whole company; at 12.1x, OKE trades at a moderate valuation relative to its earnings power.

Against its sector peers, this ratio sits below the median of 13.8x, placing OKE in the 43rd percentile — meaning it is cheaper than a majority of comparable companies. The year-over-year change is not available, but the quarter-over-quarter change shows a slight increase of +1.4%, indicating the valuation has crept up very modestly in the latest period. Because the metric is already below the sector median and the upward move is small, the combination suggests limited valuation risk but no clear catalyst for a re-rating. This does not contradict the overall NEUTRAL verdict — the below-median level supports a fair-risk assessment, while the slight uptick does not signal either a compelling bargain or an overextended price.

Frequently Asked Questions

What does the EV/EBITDA tell investors about OKE?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are OKE's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), NIO (-36.8x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.