93.93 USD
+0.09 (+0.1%)
93.48 USD
-0.45 (-0.48%)
Taking everything into account, OKTA scores 5 out of 10 in our fundamental rating. OKTA was compared to 88 industry peers in the IT Services industry. Both the profitability and the financial health of OKTA get a neutral evaluation. Nothing too spectacular is happening here. OKTA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OKTA was profitable.
OKTA had a positive operating cash flow in the past year.
In the past 5 years OKTA reported 4 times negative net income.
Each year in the past 5 years OKTA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of OKTA (2.11%) is comparable to the rest of the industry.
The Return On Equity of OKTA (2.83%) is comparable to the rest of the industry.
OKTA's Return On Invested Capital of 1.05% is in line compared to the rest of the industry. OKTA outperforms 50.00% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
The Profit Margin of OKTA (6.87%) is better than 68.18% of its industry peers.
With a Operating Margin value of 4.30%, OKTA perfoms like the industry average, outperforming 55.68% of the companies in the same industry.
OKTA has a Gross Margin of 77.08%. This is amongst the best in the industry. OKTA outperforms 96.59% of its industry peers.
In the last couple of years the Gross Margin of OKTA has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OKTA is destroying value.
Compared to 1 year ago, OKTA has more shares outstanding
OKTA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for OKTA has been reduced compared to a year ago.
2.2 Solvency
OKTA has an Altman-Z score of 4.36. This indicates that OKTA is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of OKTA (4.36) is better than 69.32% of its industry peers.
There is no outstanding debt for OKTA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.39 | ||
| Altman-Z | 4.36 |
ROIC/WACC0.12
WACC8.86%
2.3 Liquidity
OKTA has a Current 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 Current ratio (1.47) which is comparable to the rest of the industry.
A Quick Ratio of 1.47 indicates that OKTA should not have too much problems paying its short term obligations.
The Quick ratio of OKTA (1.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.22% over the past year.
Looking at the last year, OKTA shows a quite strong growth in Revenue. The Revenue has grown by 12.12% in the last year.
The Revenue has been growing by 34.81% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)26.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.39%
Revenue 1Y (TTM)12.12%
Revenue growth 3Y26.15%
Revenue growth 5Y34.81%
Sales Q2Q%11.58%
3.2 Future
The Earnings Per Share is expected to grow by 12.95% on average over the next years. This is quite good.
OKTA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.81% yearly.
EPS Next Y24.62%
EPS Next 2Y15.75%
EPS Next 3Y13.99%
EPS Next 5Y12.95%
Revenue Next Year11.93%
Revenue Next 2Y10.51%
Revenue Next 3Y10.16%
Revenue Next 5Y9.81%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
OKTA is valuated quite expensively with a Price/Earnings ratio of 27.87.
Compared to the rest of the industry, the Price/Earnings ratio of OKTA is on the same level as its industry peers.
When comparing the Price/Earnings ratio of OKTA to the average of the S&P500 Index (27.00), we can say OKTA is valued inline with the index average.
A Price/Forward Earnings ratio of 24.86 indicates a rather expensive valuation of OKTA.
The rest of the industry has a similar Price/Forward Earnings ratio as OKTA.
The average S&P500 Price/Forward Earnings ratio is at 23.70. OKTA is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.87 | ||
| Fwd PE | 24.86 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as OKTA.
OKTA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. OKTA is cheaper than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.6 | ||
| EV/EBITDA | 58.33 |
4.3 Compensation for Growth
OKTA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
OKTA's earnings are expected to grow with 13.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.13
PEG (5Y)N/A
EPS Next 2Y15.75%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
No dividends for OKTA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
93.93
+0.09 (+0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners91.53%
Inst Owner Change0%
Ins Owners0.18%
Ins Owner Change-1.24%
Market Cap16.65B
Revenue(TTM)2.84B
Net Income(TTM)195.00M
Analysts76.86
Price Target114.07 (21.44%)
Short Float %3.89%
Short Ratio2.68
Dividend
| Industry Rank | Sector 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)-6%
PT rev (3m)-6.02%
EPS NQ rev (1m)-0.19%
EPS NQ rev (3m)1.69%
EPS NY rev (1m)2.42%
EPS NY rev (3m)2.5%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)1.53%
Revenue NY rev (1m)0.75%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.87 | ||
| Fwd PE | 24.86 | ||
| P/S | 5.86 | ||
| P/FCF | 18.6 | ||
| P/OCF | 18.25 | ||
| P/B | 2.42 | ||
| P/tB | 12.81 | ||
| EV/EBITDA | 58.33 |
EPS(TTM)3.37
EY3.59%
EPS(NY)3.78
Fwd EY4.02%
FCF(TTM)5.05
FCFY5.38%
OCF(TTM)5.15
OCFY5.48%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)1.13
PEG (5Y)N/A
Graham Number54.31
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 4.36 |
F-Score8
WACC8.86%
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)26.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.39%
EPS Next Y24.62%
EPS Next 2Y15.75%
EPS Next 3Y13.99%
EPS Next 5Y12.95%
Revenue 1Y (TTM)12.12%
Revenue growth 3Y26.15%
Revenue growth 5Y34.81%
Sales Q2Q%11.58%
Revenue Next Year11.93%
Revenue Next 2Y10.51%
Revenue Next 3Y10.16%
Revenue Next 5Y9.81%
EBIT growth 1Y189.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.1%
EBIT Next 3Y20.91%
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 3 / 10 to OKTA INC (OKTA). This can be considered as Overvalued.
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.