OKTA INC (OKTA) Fundamental Analysis & Valuation

NASDAQ:OKTA • US6792951054

71.74 USD
-0.78 (-1.08%)
At close: Mar 4, 2026
71.58 USD
-0.16 (-0.22%)
Pre-Market: 3/5/2026, 9:14:25 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This OKTA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall OKTA gets a fundamental rating of 4 out of 10. We evaluated OKTA against 86 industry peers in the IT Services industry. OKTA has only an average score on both its financial health and profitability. OKTA is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. OKTA Profitability Analysis

1.1 Basic Checks

  • OKTA had positive earnings in the past year.
  • In the past year OKTA had a positive cash flow from operations.
  • In the past 5 years OKTA reported 4 times negative net income.
  • Of the past 5 years OKTA 4 years had a positive operating cash flow.
OKTA Yearly Net Income VS EBIT VS OCF VS FCFOKTA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

1.2 Ratios

  • OKTA has a Return On Assets of 2.11%. This is comparable to the rest of the industry: OKTA outperforms 52.33% of its industry peers.
  • The Return On Equity of OKTA (2.83%) is comparable to the rest of the industry.
  • With a Return On Invested Capital value of 1.05%, OKTA perfoms like the industry average, outperforming 48.84% of the companies in the same industry.
Industry RankSector Rank
ROA 2.11%
ROE 2.83%
ROIC 1.05%
ROA(3y)-4.14%
ROA(5y)-5.94%
ROE(3y)-6.83%
ROE(5y)-14.64%
ROIC(3y)N/A
ROIC(5y)N/A
OKTA Yearly ROA, ROE, ROICOKTA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200 400 600 800 1K

1.3 Margins

  • The Profit Margin of OKTA (6.87%) is better than 63.95% of its industry peers.
  • Looking at the Operating Margin, with a value of 4.30%, OKTA is in line with its industry, outperforming 53.49% of the companies in the same industry.
  • With an excellent Gross Margin value of 77.08%, OKTA belongs to the best of the industry, outperforming 96.51% of the companies in the same industry.
  • In the last couple of years the Gross Margin of OKTA has remained more or less at the same level.
Industry RankSector Rank
OM 4.3%
PM (TTM) 6.87%
GM 77.08%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.16%
GM growth 5Y0.95%
OKTA Yearly Profit, Operating, Gross MarginsOKTA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

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6

2. OKTA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OKTA is destroying value.
  • OKTA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
OKTA Yearly Shares OutstandingOKTA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
OKTA Yearly Total Debt VS Total AssetsOKTA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 3.35 indicates that OKTA is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of OKTA (3.35) is better than 65.12% of its industry peers.
  • OKTA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.39
Altman-Z 3.35
ROIC/WACC0.12
WACC8.66%
OKTA Yearly LT Debt VS Equity VS FCFOKTA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.47 indicates that OKTA should not have too much problems paying its short term obligations.
  • OKTA's Current ratio of 1.47 is in line compared to the rest of the industry. OKTA outperforms 41.86% of its industry peers.
  • OKTA has a Quick Ratio of 1.47. This is a normal value and indicates that OKTA is financially healthy and should not expect problems in meeting its short term obligations.
  • OKTA has a Quick ratio (1.47) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.47
OKTA Yearly Current Assets VS Current LiabilitesOKTA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. OKTA Growth Analysis

3.1 Past

  • OKTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.76%, which is quite impressive.
  • OKTA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 103.50% yearly.
EPS 1Y (TTM)23.76%
EPS 3YN/A
EPS 5Y103.5%
EPS Q2Q%15.38%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%11.58%

3.2 Future

  • Based on estimates for the next years, OKTA will show a small growth in Earnings Per Share. The EPS will grow by 6.83% on average per year.
  • The Revenue is expected to grow by 9.03% on average over the next years. This is quite good.
EPS Next Y7.48%
EPS Next 2Y8.7%
EPS Next 3Y10.77%
EPS Next 5Y6.83%
Revenue Next Year9.11%
Revenue Next 2Y9.25%
Revenue Next 3Y8.77%
Revenue Next 5Y9.03%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
OKTA Yearly Revenue VS EstimatesOKTA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B 5B
OKTA Yearly EPS VS EstimatesOKTA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 0 2 4 6 8

More info and screens

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3

4. OKTA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 20.56, OKTA is valued on the expensive side.
  • The rest of the industry has a similar Price/Earnings ratio as OKTA.
  • Compared to an average S&P500 Price/Earnings ratio of 27.03, OKTA is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 19.12, which indicates a rather expensive current valuation of OKTA.
  • OKTA's Price/Forward Earnings ratio is in line with the industry average.
  • OKTA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.11.
Industry RankSector Rank
PE 20.56
Fwd PE 19.12
OKTA Price Earnings VS Forward Price EarningsOKTA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OKTA is on the same level as its industry peers.
  • 72.09% of the companies in the same industry are more expensive than OKTA, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 14.21
EV/EBITDA 40.29
OKTA Per share dataOKTA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.75
PEG (5Y)0.2
EPS Next 2Y8.7%
EPS Next 3Y10.77%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. OKTA Dividend Analysis

5.1 Amount

  • No dividends for OKTA!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

OKTA Fundamentals: All Metrics, Ratios and Statistics

OKTA INC

NASDAQ:OKTA (3/4/2026, 8:00:03 PM)

Premarket: 71.58 -0.16 (-0.22%)

71.74

-0.78 (-1.08%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)03-04
Earnings (Next)N/A
Inst Owners91.53%
Inst Owner Change-0.07%
Ins Owners0.18%
Ins Owner Change37.8%
Market Cap12.71B
Revenue(TTM)N/A
Net Income(TTM)195.00M
Analysts77.65
Price Target113.89 (58.75%)
Short Float %4.38%
Short Ratio2.61
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.38%
Min EPS beat(2)6.36%
Max EPS beat(2)6.39%
EPS beat(4)4
Avg EPS beat(4)6.5%
Min EPS beat(4)3.91%
Max EPS beat(4)9.35%
EPS beat(8)8
Avg EPS beat(8)11.68%
EPS beat(12)12
Avg EPS beat(12)38.87%
EPS beat(16)16
Avg EPS beat(16)42.76%
Revenue beat(2)1
Avg Revenue beat(2)-0.06%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)0.27%
Revenue beat(4)1
Avg Revenue beat(4)-0.27%
Min Revenue beat(4)-0.84%
Max Revenue beat(4)0.27%
Revenue beat(8)5
Avg Revenue beat(8)0.07%
Revenue beat(12)8
Avg Revenue beat(12)0.49%
Revenue beat(16)12
Avg Revenue beat(16)1.2%
PT rev (1m)-0.59%
PT rev (3m)-6.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.83%
EPS NY rev (1m)0%
EPS NY rev (3m)2.35%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)1.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
Industry RankSector Rank
PE 20.56
Fwd PE 19.12
P/S 4.48
P/FCF 14.21
P/OCF 13.94
P/B 1.84
P/tB 9.78
EV/EBITDA 40.29
EPS(TTM)3.49
EY4.86%
EPS(NY)3.75
Fwd EY5.23%
FCF(TTM)5.05
FCFY7.04%
OCF(TTM)5.15
OCFY7.17%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)2.75
PEG (5Y)0.2
Graham Number55.26
Profitability
Industry RankSector Rank
ROA 2.11%
ROE 2.83%
ROCE 1.73%
ROIC 1.05%
ROICexc 1.62%
ROICexgc N/A
OM 4.3%
PM (TTM) 6.87%
GM 77.08%
FCFM 31.51%
ROA(3y)-4.14%
ROA(5y)-5.94%
ROE(3y)-6.83%
ROE(5y)-14.64%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.16%
GM growth 5Y0.95%
F-Score8
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.39
Debt/EBITDA 0
Cap/Depr 17.71%
Cap/Sales 0.6%
Interest Coverage 250
Cash Conversion 418.35%
Profit Quality 458.97%
Current Ratio 1.47
Quick Ratio 1.47
Altman-Z 3.35
F-Score8
WACC8.66%
ROIC/WACC0.12
Cap/Depr(3y)23.82%
Cap/Depr(5y)26.85%
Cap/Sales(3y)1.02%
Cap/Sales(5y)1.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)23.76%
EPS 3YN/A
EPS 5Y103.5%
EPS Q2Q%15.38%
EPS Next Y7.48%
EPS Next 2Y8.7%
EPS Next 3Y10.77%
EPS Next 5Y6.83%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%11.58%
Revenue Next Year9.11%
Revenue Next 2Y9.25%
Revenue Next 3Y8.77%
Revenue Next 5Y9.03%
EBIT growth 1Y189.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.61%
EBIT Next 3Y20.95%
EBIT Next 5Y10.38%
FCF growth 1Y126.65%
FCF growth 3Y102.97%
FCF growth 5Y92.38%
OCF growth 1Y120.16%
OCF growth 3Y93.14%
OCF growth 5Y68.27%

OKTA INC / OKTA FAQ

What is the fundamental rating for OKTA stock?

ChartMill assigns a fundamental rating of 5 / 10 to OKTA.


What is the valuation status of OKTA INC (OKTA) stock?

ChartMill assigns a valuation rating of 4 / 10 to OKTA INC (OKTA). This can be considered as Fairly Valued.


How profitable is OKTA INC (OKTA) stock?

OKTA INC (OKTA) has a profitability rating of 4 / 10.


Can you provide the financial health for OKTA stock?

The financial health rating of OKTA INC (OKTA) is 6 / 10.