88.39 USD
-0.67 (-0.75%)
88.39 USD
0 (0%)
Overall OKTA gets a fundamental rating of 5 out of 10. We evaluated OKTA against 88 industry peers in the IT Services industry. OKTA has only an average score on both its financial health and profitability. While showing a medium growth rate, OKTA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
OKTA had positive earnings in the past year.
In the past year OKTA had a positive cash flow from operations.
OKTA had negative earnings in 4 of the past 5 years.
In the past 5 years OKTA always reported a positive cash flow from operatings.
1.2 Ratios
OKTA's Return On Assets of 2.11% is in line compared to the rest of the industry. OKTA outperforms 52.27% of its industry peers.
OKTA has a Return On Equity (2.83%) which is in line with its industry peers.
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.
Looking at the Operating Margin, with a value of 4.30%, OKTA is in line with its industry, outperforming 55.68% 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 95.45% 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 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
OKTA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
OKTA has more shares outstanding than it did 1 year ago.
OKTA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OKTA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.11 indicates that OKTA is not in any danger for bankruptcy at the moment.
OKTA has a Altman-Z score of 4.11. This is in the better half of the industry: OKTA outperforms 64.77% 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 | 4.11 |
ROIC/WACC0.12
WACC8.73%
2.3 Liquidity
A Current Ratio of 1.47 indicates that OKTA should not have too much problems paying 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.
OKTA has a Quick ratio (1.47) which 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
OKTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.22%, which is quite impressive.
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
Based on estimates for the next years, OKTA will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.95% on average per year.
Based on estimates for the next years, OKTA will show a quite strong growth in Revenue. The Revenue will grow by 9.81% on average per year.
EPS Next Y21.68%
EPS Next 2Y14.74%
EPS Next 3Y13.92%
EPS Next 5Y12.95%
Revenue Next Year11.1%
Revenue Next 2Y10.22%
Revenue Next 3Y10.2%
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
The Price/Earnings ratio is 26.23, which means the current valuation is very expensive for OKTA.
The rest of the industry has a similar Price/Earnings ratio as OKTA.
OKTA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.59.
OKTA is valuated rather expensively with a Price/Forward Earnings ratio of 23.81.
OKTA's Price/Forward Earnings is on the same level as the industry average.
OKTA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.23 | ||
| Fwd PE | 23.81 |
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.
Based on the Price/Free Cash Flow ratio, OKTA is valued a bit cheaper than 65.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.5 | ||
| EV/EBITDA | 53.83 |
4.3 Compensation for Growth
OKTA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as OKTA's earnings are expected to grow with 13.92% in the coming years.
PEG (NY)1.21
PEG (5Y)N/A
EPS Next 2Y14.74%
EPS Next 3Y13.92%
5. Dividend
5.1 Amount
OKTA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
88.39
-0.67 (-0.75%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners92.22%
Inst Owner Change-1.96%
Ins Owners0.17%
Ins Owner Change2.11%
Market Cap15.67B
Revenue(TTM)2.84B
Net Income(TTM)195.00M
Analysts76.86
Price TargetN/A
Short Float %3.8%
Short Ratio2.66
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)-6.55%
PT rev (3m)-7.39%
EPS NQ rev (1m)1.66%
EPS NQ rev (3m)1.76%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)2.46%
Revenue NQ rev (1m)1.45%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.23 | ||
| Fwd PE | 23.81 | ||
| P/S | 5.52 | ||
| P/FCF | 17.5 | ||
| P/OCF | 17.18 | ||
| P/B | 2.27 | ||
| P/tB | 12.05 | ||
| EV/EBITDA | 53.83 |
EPS(TTM)3.37
EY3.81%
EPS(NY)3.71
Fwd EY4.2%
FCF(TTM)5.05
FCFY5.71%
OCF(TTM)5.15
OCFY5.82%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)1.21
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 | 4.11 |
F-Score8
WACC8.73%
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 Y21.68%
EPS Next 2Y14.74%
EPS Next 3Y13.92%
EPS Next 5Y12.95%
Revenue 1Y (TTM)12.12%
Revenue growth 3Y26.15%
Revenue growth 5Y34.81%
Sales Q2Q%11.58%
Revenue Next Year11.1%
Revenue Next 2Y10.22%
Revenue Next 3Y10.2%
Revenue Next 5Y9.81%
EBIT growth 1Y189.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.57%
EBIT Next 3Y20.83%
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.
Can you provide the valuation status for OKTA INC?
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.
What is the valuation of OKTA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for OKTA INC (OKTA) is 26.23 and the Price/Book (PB) ratio is 2.27.
What is the expected EPS growth for OKTA INC (OKTA) stock?
The Earnings per Share (EPS) of OKTA INC (OKTA) is expected to grow by 21.68% in the next year.