87.29 USD
+1.4 (+1.63%)
87.0682 USD
-0.22 (-0.25%)
Overall OKTA gets a fundamental rating of 5 out of 10. We evaluated OKTA against 85 industry peers in the IT Services industry. OKTA has an average financial health and profitability rating. While showing a medium growth rate, OKTA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year OKTA was profitable.
OKTA had a positive operating cash flow in the past year.
OKTA had negative earnings in 4 of the past 5 years.
OKTA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OKTA has a Return On Assets (2.11%) which is in line with its industry peers.
OKTA's Return On Equity of 2.83% is in line compared to the rest of the industry. OKTA outperforms 54.12% of its industry peers.
OKTA's Return On Invested Capital of 1.05% is in line compared to the rest of the industry. OKTA outperforms 48.24% 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 67.06% of its industry peers.
OKTA has a Operating Margin (4.30%) which is comparable to the rest of the industry.
The Gross Margin of OKTA (77.08%) is better than 96.47% 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
OKTA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for OKTA has been increased compared to 1 year ago.
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
An Altman-Z score of 4.06 indicates that OKTA is not in any danger for bankruptcy at the moment.
OKTA has a Altman-Z score of 4.06. This is in the better half of the industry: OKTA outperforms 65.88% 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 | 4.06 |
ROIC/WACC0.13
WACC8.41%
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.
With a Current ratio value of 1.47, OKTA perfoms like the industry average, outperforming 42.35% of the companies in the same industry.
OKTA has a Quick 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 Quick ratio (1.47) which is in line with its industry peers.
| 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
OKTA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.95% yearly.
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 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
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.90 indicates a quite expensive valuation of 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 (26.34), we can say OKTA is valued inline with the index average.
With a Price/Forward Earnings ratio of 23.51, OKTA is valued on the expensive side.
OKTA's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, OKTA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.9 | ||
| Fwd PE | 23.51 |
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 the industry average as 64.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.29 | ||
| EV/EBITDA | 52.93 |
4.3 Compensation for Growth
The 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)1.19
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 | N/A |
87.29
+1.4 (+1.63%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners92.22%
Inst Owner Change-1.97%
Ins Owners0.17%
Ins Owner Change6.29%
Market Cap15.47B
Revenue(TTM)2.84B
Net Income(TTM)195.00M
Analysts76.86
Price Target113.65 (30.2%)
Short Float %3.68%
Short Ratio2.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-7.69%
EPS NQ rev (1m)1.86%
EPS NQ rev (3m)2.14%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)2.46%
Revenue NQ rev (1m)1.35%
Revenue NQ rev (3m)1.37%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.9 | ||
| Fwd PE | 23.51 | ||
| P/S | 5.45 | ||
| P/FCF | 17.29 | ||
| P/OCF | 16.96 | ||
| P/B | 2.24 | ||
| P/tB | 11.9 | ||
| EV/EBITDA | 52.93 |
EPS(TTM)3.37
EY3.86%
EPS(NY)3.71
Fwd EY4.25%
FCF(TTM)5.05
FCFY5.79%
OCF(TTM)5.15
OCFY5.9%
SpS16.02
BVpS38.89
TBVpS7.34
PEG (NY)1.19
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 | 4.06 |
F-Score8
WACC8.41%
ROIC/WACC0.13
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 25.9 and the Price/Book (PB) ratio is 2.24.
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.