Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 83.515 USD -3.01% Market Closed
Market Cap: 14.2B USD
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Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 96.787 USD. Compared to the current market price of 83.515 USD, Okta Inc is Undervalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

OKTA Relative Value
Base Case
96.787 USD
Undervaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
17
Median 3Y
6.3
Median 5Y
10.3
Industry
2.4
Forward
5.4
vs History
vs Industry
Median 3Y
-26.2
Median 5Y
-57
Industry
23.4
Forward
31.4
vs History
92
vs Industry
22
Median 3Y
57.4
Median 5Y
230.5
Industry
17.6
vs History
34
vs Industry
17
Median 3Y
41.3
Median 5Y
25.3
Industry
21.9
vs History
71
vs Industry
42
Median 3Y
2.4
Median 5Y
3.1
Industry
2.9
vs History
85
vs Industry
18
Median 3Y
6.2
Median 5Y
10.1
Industry
2.5
Forward
4.9
vs History
87
vs Industry
26
Median 3Y
8.5
Median 5Y
14.8
Industry
5
vs History
vs Industry
Median 3Y
-25.8
Median 5Y
-66
Industry
13.2
Forward
22.7
vs History
vs Industry
Median 3Y
-21.8
Median 5Y
-49.1
Industry
16.8
Forward
23.4
vs History
92
vs Industry
22
Median 3Y
54.6
Median 5Y
222.1
Industry
16.6
vs History
87
vs Industry
22
Median 3Y
50.5
Median 5Y
260.9
Industry
19.2
vs History
66
vs Industry
42
Median 3Y
2
Median 5Y
2.5
Industry
2.5

Multiples Across Competitors

OKTA Competitors Multiples
Okta Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Okta Inc
NASDAQ:OKTA
14.2B USD 5.8 -104.3 -89.2 -56.8
CA
Shopify Inc
NYSE:SHOP
147.4B USD 17.9 106.5 145.9 151.7
US
Snowflake Inc.
NYSE:SNOW
61.4B USD 18 -54.4 -51.4 -44.9
US
Cloudflare Inc
NYSE:NET
37.9B USD 24.1 -403.9 -1 060.8 -229.4
US
GoDaddy Inc
NYSE:GDDY
29.3B USD 6.5 15.8 31.9 37.2
US
MongoDB Inc
NASDAQ:MDB
24.7B USD 13.6 -112.3 -89.3 -82.6
US
Verisign Inc
NASDAQ:VRSN
18.2B USD 11.8 21.2 17.5 18.1
US
Twilio Inc
NYSE:TWLO
17.1B USD 4 -37.1 131.4 -148.2
US
Akamai Technologies Inc
NASDAQ:AKAM
14.7B USD 3.7 27.9 11.4 21.3
IL
Wix.Com Ltd
NASDAQ:WIX
12.1B USD 7.1 130.1 111 161.9
US
Switch Inc
F:821
7.7B EUR 12.3 21.6 34 107.4
P/E Multiple
Earnings Growth
US
Okta Inc
NASDAQ:OKTA
Average P/E: 53.8
Negative Multiple: -104.3
N/A
CA
Shopify Inc
NYSE:SHOP
106.5
1 752%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -54.4 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -403.9 N/A
US
GoDaddy Inc
NYSE:GDDY
15.8
-14%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -112.3 N/A
US
Verisign Inc
NASDAQ:VRSN
21.2
10%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -37.1 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
27.9
110%
IL
Wix.Com Ltd
NASDAQ:WIX
130.1
1 344%
US
S
Switch Inc
F:821
21.6
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 69
Negative Multiple: -89.2
N/A
CA
Shopify Inc
NYSE:SHOP
145.9
3 409%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -51.4 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -1 060.8 N/A
US
GoDaddy Inc
NYSE:GDDY
31.9
116%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -89.3 N/A
US
Verisign Inc
NASDAQ:VRSN
17.5
15%
US
Twilio Inc
NYSE:TWLO
131.4
N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
11.4
49%
IL
Wix.Com Ltd
NASDAQ:WIX
111
1 614%
US
S
Switch Inc
F:821
34
N/A
EV/EBIT Multiple
EBIT Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 82.9
Negative Multiple: -56.8
N/A
CA
Shopify Inc
NYSE:SHOP
151.7
42 967%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -44.9 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -229.4 N/A
US
GoDaddy Inc
NYSE:GDDY
37.2
107%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -82.6 N/A
US
Verisign Inc
NASDAQ:VRSN
18.1
12%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -148.2 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
21.3
85%
IL
Wix.Com Ltd
NASDAQ:WIX
161.9
6 834%
US
S
Switch Inc
F:821
107.4
N/A

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