92.23 USD
-1.7 (-1.81%)
92.065 USD
-0.17 (-0.18%)
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. OKTA is quite expensive at the moment. It does show a decent growth rate.
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.
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
With a Return On Assets value of 2.11%, OKTA perfoms like the industry average, outperforming 52.27% of the companies in the same industry.
OKTA has a Return On Equity of 2.83%. This is comparable to the rest of the industry: OKTA outperforms 56.82% of its industry peers.
The Return On Invested Capital of OKTA (1.05%) is comparable to the rest of the industry.
| 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
Looking at the Profit Margin, with a value of 6.87%, OKTA is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
With a Operating Margin value of 4.30%, OKTA perfoms like the industry average, outperforming 55.68% of the companies in the same industry.
Looking at the Gross Margin, with a value of 77.08%, OKTA belongs to the top of the industry, outperforming 96.59% of the companies in the same industry.
OKTA's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OKTA is destroying value.
Compared to 1 year ago, OKTA has more shares outstanding
Compared to 5 years ago, OKTA has more shares outstanding
OKTA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.28 indicates that OKTA is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.28, OKTA is doing good in the industry, outperforming 68.18% of the companies in the same industry.
OKTA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.39 | ||
| Altman-Z | 4.28 |
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's Current ratio of 1.47 is in line compared to the rest of the industry. OKTA outperforms 40.91% of its industry peers.
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.
Measured over the past years, OKTA shows a very strong growth in Revenue. The Revenue has been growing by 34.81% on average per year.
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 12.86% on average per year.
The Revenue is expected to grow by 9.89% on average over the next years. This is quite good.
EPS Next Y24.62%
EPS Next 2Y15.75%
EPS Next 3Y13.99%
EPS Next 5Y12.86%
Revenue Next Year11.93%
Revenue Next 2Y10.51%
Revenue Next 3Y10.16%
Revenue Next 5Y9.89%
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 27.37, which means the current valuation is very expensive for OKTA.
OKTA's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of OKTA to the average of the S&P500 Index (27.19), we can say OKTA is valued inline with the index average.
A Price/Forward Earnings ratio of 24.41 indicates a rather expensive valuation of OKTA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OKTA is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, OKTA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.37 | ||
| Fwd PE | 24.41 |
4.2 Price Multiples
OKTA's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, OKTA is valued a bit cheaper than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.26 | ||
| EV/EBITDA | 56.95 |
4.3 Compensation for Growth
The 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)1.11
PEG (5Y)N/A
EPS Next 2Y15.75%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
OKTA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
92.23
-1.7 (-1.81%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners91.53%
Inst Owner Change0.15%
Ins Owners0.18%
Ins Owner Change-1.57%
Market Cap16.35B
Revenue(TTM)2.84B
Net Income(TTM)195.00M
Analysts77.25
Price Target114.07 (23.68%)
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)0.37%
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 | 27.37 | ||
| Fwd PE | 24.41 | ||
| P/S | 5.76 | ||
| P/FCF | 18.26 | ||
| P/OCF | 17.92 | ||
| P/B | 2.37 | ||
| P/tB | 12.57 | ||
| EV/EBITDA | 56.95 |
EPS(TTM)3.37
EY3.65%
EPS(NY)3.78
Fwd EY4.1%
FCF(TTM)5.05
FCFY5.48%
OCF(TTM)5.15
OCFY5.58%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)1.11
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 | 4.28 |
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 Y24.62%
EPS Next 2Y15.75%
EPS Next 3Y13.99%
EPS Next 5Y12.86%
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 5Y9.89%
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.