OKTA INC (OKTA) Fundamental Analysis & Valuation

NASDAQ:OKTA • US6792951054

Current stock price

78.41 USD
-2.35 (-2.91%)
At close:
78.82 USD
+0.41 (+0.52%)
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.
  • The reported net income has been mixed in the past 5 years: OKTA reported negative net income in multiple 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 has a Return On Assets of 2.42%. This is comparable to the rest of the industry: OKTA outperforms 58.62% of its industry peers.
  • OKTA has a Return On Equity (3.36%) which is in line with its industry peers.
  • OKTA has a Return On Invested Capital (1.64%) which 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

  • Looking at the Profit Margin, with a value of 8.05%, OKTA is in the better half of the industry, outperforming 73.56% of the companies in the same industry.
  • With a Operating Margin value of 5.24%, OKTA perfoms like the industry average, outperforming 56.32% of the companies in the same 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • 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.
  • 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 3.28 indicates that OKTA is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.28, OKTA is doing good in the industry, outperforming 62.07% of the companies in the same 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 3.28
ROIC/WACC0.19
WACC8.78%
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

  • OKTA has a Current 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.
  • OKTA's Current ratio of 1.43 is in line compared to the rest of the industry. OKTA outperforms 40.23% of its industry peers.
  • 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.
  • The Quick ratio of OKTA (1.43) 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

More info and screens

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%.
  • Measured over the past years, OKTA shows a very strong growth in Revenue. The Revenue has been growing by 28.43% on average per year.
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

  • OKTA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.83% yearly.
  • 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 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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

More info and screens

Find the best growth stocksShow best growing peers

2

4. OKTA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 22.47, OKTA is valued on the expensive side.
  • OKTA's Price/Earnings ratio is in line with the industry average.
  • OKTA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.23, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 20.90, which indicates a rather expensive current valuation of OKTA.
  • OKTA's Price/Forward Earnings ratio is in line with the industry average.
  • OKTA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.28, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.47
Fwd PE 20.9
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

  • OKTA's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, OKTA is valued a bit cheaper than 63.22% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.1
EV/EBITDA 41.83
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)3
PEG (5Y)0.22
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%

More info and screens

Find the best dividend stocksShow peers with best dividend

OKTA Fundamentals: All Metrics, Ratios and Statistics

OKTA INC

NASDAQ:OKTA (3/20/2026, 7:16:59 PM)

After market: 78.82 +0.41 (+0.52%)

78.41

-2.35 (-2.91%)

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 Cap13.90B
Revenue(TTM)2.92B
Net Income(TTM)235.00M
Analysts77.65
Price Target113.89 (45.25%)
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 22.47
Fwd PE 20.9
P/S 4.76
P/FCF 16.1
P/OCF 15.72
P/B 1.99
P/tB 9.78
EV/EBITDA 41.83
EPS(TTM)3.49
EY4.45%
EPS(NY)3.75
Fwd EY4.78%
FCF(TTM)4.87
FCFY6.21%
OCF(TTM)4.99
OCFY6.36%
SpS16.47
BVpS39.49
TBVpS8.02
PEG (NY)3
PEG (5Y)0.22
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 3.28
F-Score9
WACC8.78%
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.