ONE Gas, Inc. Experiences Revision in Its Stock Evaluation Amid Market Dynamics

ONE Gas, Inc., a small-cap player in the gas industry, has recently undergone a valuation adjustment. The company's current price stands at $82.08, reflecting a slight increase from the previous close of $81.16. Over the past year, ONE Gas has demonstrated a stock return of 10.20%, which is notably lower than the S&P 500's return of 14.08% during the same period.
Key financial metrics for ONE Gas include a P/E ratio of 18, a price-to-book value of 1.38, and an EV to EBITDA ratio of 10.31. The company's dividend yield is substantial at 335.12%, while its return on capital employed (ROCE) and return on equity (ROE) are recorded at 6.81% and 7.63%, respectively.

In comparison to its peers, ONE Gas's valuation metrics indicate a relatively higher P/E ratio than some competitors, such as New Jersey Resources Corp., which has a P/E of 11.53. Conversely, Southwest Gas Holdings, Inc. is positioned with a significantly higher P/E ratio of 28.47. This context highlights the varying market positions and financial health within the gas industry, underscoring the competitive landscape in which ONE Gas operates.