OKTA INC (OKTA) Fundamental Analysis & Valuation

NASDAQ:OKTA • US6792951054

Current stock price

72.25 USD
+0.24 (+0.33%)
At close:
72.2 USD
-0.05 (-0.07%)
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.
  • Each year in the past 5 years OKTA 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 2026 0 500M -500M

1.2 Ratios

  • OKTA's Return On Assets of 2.42% is in line compared to the rest of the industry. OKTA outperforms 56.82% of its industry peers.
  • OKTA has a Return On Equity (3.36%) which is in line with its industry peers.
  • The Return On Invested Capital of OKTA (1.64%) is comparable to the rest of the industry.
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

  • With a decent Profit Margin value of 8.05%, OKTA is doing good in the industry, outperforming 71.59% of the companies in the same industry.
  • OKTA has a Operating Margin (5.24%) which 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 95.45% 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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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. OKTA Health Analysis

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.
  • 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.
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

  • OKTA has an Altman-Z score of 2.94. This is not the best score and indicates that OKTA is in the grey zone with still only limited risk for bankruptcy at the moment.
  • The Altman-Z score of OKTA (2.94) 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 2.94
ROIC/WACC0.16
WACC10.02%
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.
  • Looking at the Current ratio, with a value of 1.43, OKTA is doing worse than 60.23% of the companies in the same industry.
  • A Quick Ratio of 1.43 indicates that OKTA should not have too much problems paying its short term obligations.
  • OKTA has a Quick ratio (1.43) which is comparable to the rest of the 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

  • 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.
  • 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%.
  • OKTA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.43% yearly.
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

  • The Earnings Per Share is expected to grow by 6.83% on average over the next years.
  • Based on estimates for the next years, OKTA will show a quite strong growth in Revenue. The Revenue will grow by 9.03% on average per year.
EPS Next Y10.84%
EPS Next 2Y11.21%
EPS Next 3Y11.87%
EPS Next 5Y6.83%
Revenue Next Year9.54%
Revenue Next 2Y9.45%
Revenue Next 3Y9.6%
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

3

4. OKTA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.70, which indicates a rather expensive current valuation of OKTA.
  • 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 27.87. OKTA is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 18.68, the valuation of OKTA can be described as rather expensive.
  • OKTA's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of OKTA to the average of the S&P500 Index (38.51), we can say OKTA is valued rather cheaply.
Industry RankSector Rank
PE 20.7
Fwd PE 18.68
OKTA Price Earnings VS Forward Price EarningsOKTA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as OKTA.
  • Based on the Price/Free Cash Flow ratio, OKTA is valued a bit cheaper than 70.45% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.81
EV/EBITDA 35.5
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)1.91
PEG (5Y)0.2
EPS Next 2Y11.21%
EPS Next 3Y11.87%

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

0

5. OKTA Dividend Analysis

5.1 Amount

  • OKTA does not give a dividend.
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 (4/17/2026, 8:00:02 PM)

After market: 72.2 -0.05 (-0.07%)

72.25

+0.24 (+0.33%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)03-04
Earnings (Next)05-25
Inst Owners92.18%
Inst Owner Change0.01%
Ins Owners0.25%
Ins Owner Change24.21%
Market Cap12.78B
Revenue(TTM)2.92B
Net Income(TTM)235.00M
Analysts77.74
Price Target102.49 (41.85%)
Short Float %4.49%
Short Ratio2
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)-10.01%
PT rev (3m)-10.16%
EPS NQ rev (1m)-0.15%
EPS NQ rev (3m)-2.41%
EPS NY rev (1m)3.12%
EPS NY rev (3m)2.38%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)0.4%
Valuation
Industry RankSector Rank
PE 20.7
Fwd PE 18.68
P/S 4.38
P/FCF 14.81
P/OCF 14.46
P/B 1.83
P/tB 8.99
EV/EBITDA 35.5
EPS(TTM)3.49
EY4.83%
EPS(NY)3.87
Fwd EY5.35%
FCF(TTM)4.88
FCFY6.75%
OCF(TTM)5
OCFY6.92%
SpS16.5
BVpS39.57
TBVpS8.03
PEG (NY)1.91
PEG (5Y)0.2
Graham Number55.7404 (-22.85%)
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 2.94
F-Score9
WACC10.02%
ROIC/WACC0.16
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 Y10.84%
EPS Next 2Y11.21%
EPS Next 3Y11.87%
EPS Next 5Y6.83%
Revenue 1Y (TTM)11.84%
Revenue growth 3Y16.25%
Revenue growth 5Y28.43%
Sales Q2Q%11.58%
Revenue Next Year9.54%
Revenue Next 2Y9.45%
Revenue Next 3Y9.6%
Revenue Next 5Y9.03%
EBIT growth 1Y342.86%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year10.49%
EBIT Next 3Y12.69%
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 3 / 10 to OKTA INC (OKTA). This can be considered as Overvalued.


Can you provide the profitability details for OKTA INC?

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


How financially healthy is OKTA INC?

The financial health rating of OKTA INC (OKTA) is 5 / 10.


Can you provide the expected EPS growth for OKTA stock?

The Earnings per Share (EPS) of OKTA INC (OKTA) is expected to grow by 10.84% in the next year.