WallStSmart

Atmos Energy Corporation (ATO)vsOne Gas Inc (OGS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Atmos Energy Corporation generates 110% more annual revenue ($4.88B vs $2.32B). ATO leads profitability with a 27.6% profit margin vs 11.8%. ATO appears more attractively valued with a PEG of 2.16. ATO earns a higher WallStSmart Score of 62/100 (C+).

ATO

Buy

62

out of 100

Grade: C+

Growth: 4.7Profit: 8.0Value: 5.0Quality: 4.3
Piotroski: 2/9Altman Z: 1.10

OGS

Buy

51

out of 100

Grade: C-

Growth: 2.7Profit: 6.5Value: 4.7Quality: 3.8
Piotroski: 5/9Altman Z: 0.88
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ATO.

OGSUndervalued (+7.2%)

Margin of Safety

+7.2%

Fair Value

$89.84

Current Price

$84.96

$4.88 discount

UndervaluedFair: $89.84Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ATO3 strengths · Avg: 9.0/10
Operating MarginProfitability
39.3%10/10

Strong operational efficiency at 39.3%

Profit MarginProfitability
27.6%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

OGS2 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.7%8/10

Strong operational efficiency at 22.7%

Areas to Watch

ATO4 concerns · Avg: 3.3/10
PEG RatioValuation
2.164/10

Expensive relative to growth rate

Revenue GrowthGrowth
0.6%4/10

0.6% revenue growth

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Free Cash FlowQuality
$-280.10M2/10

Negative free cash flow — burning cash

OGS4 concerns · Avg: 2.5/10
EPS GrowthGrowth
3.0%4/10

3.0% earnings growth

PEG RatioValuation
4.192/10

Expensive relative to growth rate

Revenue GrowthGrowth
-11.1%2/10

Revenue declined 11.1%

Altman Z-ScoreHealth
0.882/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ATO

The strongest argument for ATO centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 27.6% and operating margin at 39.3%.

Bull Case : OGS

The strongest argument for OGS centers on Price/Book, Operating Margin.

Bear Case : ATO

The primary concerns for ATO are PEG Ratio, Revenue Growth, Piotroski F-Score.

Bear Case : OGS

The primary concerns for OGS are EPS Growth, PEG Ratio, Revenue Growth.

Key Dynamics to Monitor

ATO profiles as a value stock while OGS is a declining play — different risk/reward profiles.

OGS carries more volatility with a beta of 0.71 — expect wider price swings.

ATO is growing revenue faster at 0.6% — sustainability is the question.

OGS generates stronger free cash flow (20M), providing more financial flexibility.

Bottom Line

ATO scores higher overall (62/100 vs 51/100), backed by strong 27.6% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Atmos Energy Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

Atmos Energy Corporation, headquartered in Dallas, Texas, is one of the United States' largest natural-gas-only distributors.

One Gas Inc

UTILITIES · UTILITIES - REGULATED GAS · USA

ONE Gas, Inc. is a regulated natural gas distribution company in the United States. The company is headquartered in Tulsa, Oklahoma.

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