OKTA INC (OKTA) Fundamental Analysis & Valuation

NASDAQ:OKTA • US6792951054

Current stock price

77.16 USD
-2 (-2.53%)
At close:
77.16 USD
0 (0%)
After Hours:

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

4

1. OKTA Profitability Analysis

1.1 Basic Checks

  • In the past year OKTA was profitable.
  • OKTA had a positive operating cash flow in the past year.
  • In multiple years OKTA reported negative net income over the last 5 years.
  • OKTA had a positive operating cash flow in each of the past 5 years.
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 2026 0 500M -500M

1.2 Ratios

  • With a Return On Assets value of 2.42%, OKTA perfoms like the industry average, outperforming 56.32% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 3.36%, OKTA is in line with its industry, outperforming 57.47% of the companies in the same industry.
  • OKTA's Return On Invested Capital of 1.64% is in line compared to the rest of the industry. OKTA outperforms 52.87% of its industry peers.
Industry RankSector Rank
ROA 2.42%
ROE 3.36%
ROIC 1.64%
ROA(3y)-0.41%
ROA(5y)-3.84%
ROE(3y)-0.74%
ROE(5y)-6.29%
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 2026 0 500 1K

1.3 Margins

  • OKTA's Profit Margin of 8.05% is fine compared to the rest of the industry. OKTA outperforms 72.41% of its industry peers.
  • The Operating Margin of OKTA (5.24%) is comparable to the rest of the industry.
  • OKTA has a Gross Margin of 77.36%. This is amongst the best in the industry. OKTA outperforms 96.55% of its industry peers.
  • OKTA's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 5.24%
PM (TTM) 8.05%
GM 77.36%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.09%
GM growth 5Y0.91%
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 2026 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 more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, OKTA has more shares outstanding
  • Compared to 1 year ago, OKTA has an improved debt to assets ratio.
OKTA Yearly Shares OutstandingOKTA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 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 2026 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 3.22 indicates that OKTA is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of OKTA (3.22) is comparable to the rest of the industry.
  • 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0.41
Altman-Z 3.22
ROIC/WACC0.19
WACC8.8%
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 2026 0 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.43 indicates that OKTA should not have too much problems paying its short term obligations.
  • The Current ratio of OKTA (1.43) is comparable to the rest of the industry.
  • OKTA has a Quick Ratio of 1.43. This is a normal value and indicates that OKTA is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Quick ratio value of 1.43, OKTA perfoms like the industry average, outperforming 42.53% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.43
Quick Ratio 1.43
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 2026 1B 2B 3B

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

7

3. OKTA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 23.76% over the past year.
  • The Earnings Per Share has been growing by 103.50% on average over the past years. This is a very strong growth
  • OKTA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.84%.
  • The Revenue has been growing by 28.43% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)23.76%
EPS 3YN/A
EPS 5Y103.5%
EPS Q2Q%15.38%
Revenue 1Y (TTM)11.84%
Revenue growth 3Y16.25%
Revenue growth 5Y28.43%
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.
  • OKTA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.03% yearly.
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.
  • When comparing the Revenue 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

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Find the best growth stocksShow best growing peers

2

4. OKTA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 22.11, OKTA is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of OKTA is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 25.71. OKTA is around the same levels.
  • With a Price/Forward Earnings ratio of 20.57, OKTA is valued on the expensive side.
  • The rest of the industry has a similar Price/Forward Earnings ratio as OKTA.
  • The average S&P500 Price/Forward Earnings ratio is at 23.83. OKTA is around the same levels.
Industry RankSector Rank
PE 22.11
Fwd PE 20.57
OKTA Price Earnings VS Forward Price EarningsOKTA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 63.22% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.85
EV/EBITDA 40.69
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 OKTA does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.95
PEG (5Y)0.21
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%

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Find the best dividend stocksShow peers with best dividend

OKTA Fundamentals: All Metrics, Ratios and Statistics

OKTA INC

NASDAQ:OKTA (3/16/2026, 4:51:29 PM)

After market: 77.16 0 (0%)

77.16

-2 (-2.53%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)03-04
Earnings (Next)05-25
Inst Owners91.79%
Inst Owner Change0.04%
Ins Owners0.38%
Ins Owner Change32.57%
Market Cap13.68B
Revenue(TTM)2.92B
Net Income(TTM)235.00M
Analysts77.65
Price Target113.89 (47.6%)
Short Float %3.95%
Short Ratio2.08
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)5.29%
Min EPS beat(2)4.23%
Max EPS beat(2)6.36%
EPS beat(4)4
Avg EPS beat(4)6.58%
Min EPS beat(4)4.23%
Max EPS beat(4)9.35%
EPS beat(8)8
Avg EPS beat(8)9.51%
EPS beat(12)12
Avg EPS beat(12)21.17%
EPS beat(16)16
Avg EPS beat(16)41.33%
Revenue beat(2)0
Avg Revenue beat(2)-0.38%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)-0.36%
Revenue beat(4)1
Avg Revenue beat(4)-0.33%
Min Revenue beat(4)-0.84%
Max Revenue beat(4)0.27%
Revenue beat(8)4
Avg Revenue beat(8)-0.1%
Revenue beat(12)7
Avg Revenue beat(12)0.27%
Revenue beat(16)11
Avg Revenue beat(16)0.89%
PT rev (1m)-0.76%
PT rev (3m)0.21%
EPS NQ rev (1m)-2.28%
EPS NQ rev (3m)-2.12%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)1.04%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.53%
Valuation
Industry RankSector Rank
PE 22.11
Fwd PE 20.57
P/S 4.68
P/FCF 15.85
P/OCF 15.47
P/B 1.95
P/tB 9.62
EV/EBITDA 40.69
EPS(TTM)3.49
EY4.52%
EPS(NY)3.75
Fwd EY4.86%
FCF(TTM)4.87
FCFY6.31%
OCF(TTM)4.99
OCFY6.46%
SpS16.47
BVpS39.49
TBVpS8.02
PEG (NY)2.95
PEG (5Y)0.21
Graham Number55.69
Profitability
Industry RankSector Rank
ROA 2.42%
ROE 3.36%
ROCE 2.14%
ROIC 1.64%
ROICexc 2.54%
ROICexgc N/A
OM 5.24%
PM (TTM) 8.05%
GM 77.36%
FCFM 29.56%
ROA(3y)-0.41%
ROA(5y)-3.84%
ROE(3y)-0.74%
ROE(5y)-6.29%
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 3Y3.09%
GM growth 5Y0.91%
F-Score9
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.41
Debt/EBITDA 0
Cap/Depr 21.88%
Cap/Sales 0.72%
Interest Coverage 250
Cash Conversion 355.02%
Profit Quality 367.23%
Current Ratio 1.43
Quick Ratio 1.43
Altman-Z 3.22
F-Score9
WACC8.8%
ROIC/WACC0.19
Cap/Depr(3y)24.39%
Cap/Depr(5y)21.79%
Cap/Sales(3y)0.85%
Cap/Sales(5y)1.02%
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)11.84%
Revenue growth 3Y16.25%
Revenue growth 5Y28.43%
Sales Q2Q%11.58%
Revenue Next Year9.11%
Revenue Next 2Y9.25%
Revenue Next 3Y8.77%
Revenue Next 5Y9.03%
EBIT growth 1Y342.86%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year16.26%
EBIT Next 3Y15.56%
EBIT Next 5Y8.39%
FCF growth 1Y18.22%
FCF growth 3Y139.27%
FCF growth 5Y50.82%
OCF growth 1Y17.87%
OCF growth 3Y117.43%
OCF growth 5Y47.18%

OKTA INC / OKTA Fundamental Analysis 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 2 / 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.