WallStSmart

Black Hills Corporation (BKH)vsOne Gas Inc (OGS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

One Gas Inc generates 5% more annual revenue ($2.43B vs $2.31B). BKH leads profitability with a 12.6% profit margin vs 10.9%. BKH appears more attractively valued with a PEG of 2.73. OGS earns a higher WallStSmart Score of 57/100 (C).

BKH

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 7.0Value: 5.3Quality: 3.8
Piotroski: 4/9Altman Z: 0.92

OGS

Buy

57

out of 100

Grade: C

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

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BKHUndervalued (+16.7%)

Margin of Safety

+16.7%

Fair Value

$87.12

Current Price

$75.48

$11.64 discount

UndervaluedFair: $87.12Overvalued
OGSUndervalued (+11.2%)

Margin of Safety

+11.2%

Fair Value

$93.85

Current Price

$88.88

$4.97 discount

UndervaluedFair: $93.85Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BKH2 strengths · Avg: 9.0/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
26.2%8/10

Strong operational efficiency at 26.2%

OGS2 strengths · Avg: 8.0/10
Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
20.3%8/10

Strong operational efficiency at 20.3%

Areas to Watch

BKH4 concerns · Avg: 2.5/10
EPS GrowthGrowth
0.9%4/10

0.9% earnings growth

PEG RatioValuation
2.732/10

Expensive relative to growth rate

Free Cash FlowQuality
$-101.50M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.922/10

Distress zone — elevated risk

OGS3 concerns · Avg: 2.0/10
PEG RatioValuation
4.192/10

Expensive relative to growth rate

Free Cash FlowQuality
$-124.78M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.882/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BKH

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

Bull Case : OGS

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

Bear Case : BKH

The primary concerns for BKH are EPS Growth, PEG Ratio, Free Cash Flow.

Bear Case : OGS

The primary concerns for OGS are PEG Ratio, Free Cash Flow, Altman Z-Score.

Key Dynamics to Monitor

OGS carries more volatility with a beta of 0.74 — expect wider price swings.

OGS is growing revenue faster at 9.3% — sustainability is the question.

BKH generates stronger free cash flow (-102M), providing more financial flexibility.

Monitor UTILITIES - REGULATED GAS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BKH scores higher overall (57/100 vs 57/100). 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.

Black Hills Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

Black Hills Corporation is a natural gas and electric utility company in the United States. The company is headquartered in Rapid City, South Dakota.

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.

Want to dig deeper into these stocks?