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Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
Watchlist
Price: 72.61 USD +3.32% Market Closed
Updated: Nov 29, 2023
Section:
 

Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 83.9 USD. Compared to the current market price of 72.61 USD, Okta Inc is Undervalued by 13%.

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
83.9 USD
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.8
P/S
P/S
Price to Sales
5.8
vs History
90
vs Industry
23
Median 3Y
12.9
Median 5Y
25
Industry
2.4
Forward
5.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-23.9
Median 5Y
-70.1
Industry
23.6
Forward
62.8
More Details
44.4
P/OCF
P/OCF
Price to OCF
44.4
vs History
95
vs Industry
13
Median 3Y
235.1
Median 5Y
279.3
Industry
16.8
More Details
48.5
P/FCFE
P/FCFE
Price to FCFE
48.5
vs History
80
vs Industry
13
Median 3Y
285.5
Median 5Y
326.5
Industry
21.3
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
84
vs Industry
52
Median 3Y
3.4
Median 5Y
28.8
Industry
2.8
More Details
5.4
EV/S
EV/S
Enterprise Value to Sales
5.4
vs History
93
vs Industry
23
Median 3Y
12.7
Median 5Y
24.1
Industry
2.4
Forward
5
More Details
7.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.5
vs History
93
vs Industry
31
Median 3Y
18.5
Median 5Y
33.4
Industry
5
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-25.8
Median 5Y
-79.6
Industry
13
Forward
41.8
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-21.8
Median 5Y
-74.3
Industry
17.3
Forward
50.3
More Details
42
EV/OCF
EV/OCF
Enterprise Value to OCF
42
vs History
95
vs Industry
14
Median 3Y
223.8
Median 5Y
272.3
Industry
15.6
More Details
44.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
44.7
vs History
80
vs Industry
14
Median 3Y
262.3
Median 5Y
300.1
Industry
18.5
More Details
1.7
EV/IC
EV/IC
Enterprise Value to IC
1.7
vs History
84
vs Industry
52
Median 3Y
2.8
Median 5Y
21.9
Industry
2.5
More Details

Multiples Across Competitors

OKTA Competitors Multiples
Okta Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Okta Inc
NASDAQ:OKTA
11.9B USD 5.8 -20.1 -21.6 -18.2
CA
Shopify Inc
NYSE:SHOP
94.4B USD 16.9 -27.3 -164.2 -141
US
Snowflake Inc.
NYSE:SNOW
56.4B USD 27.3 -70.8 -67.9 -62.8
US
MongoDB Inc
NASDAQ:MDB
29B USD 19.5 -120.2 -111.9 -103.4
US
Cloudflare Inc
NYSE:NET
25B USD 20.7 -123.9 -385.2 -127.9
US
Verisign Inc
NASDAQ:VRSN
21.9B USD 14.8 29.8 21.9 22.9
US
Akamai Technologies Inc
NASDAQ:AKAM
17.3B USD 4.8 33.1 15.3 28
US
GoDaddy Inc
NYSE:GDDY
13.8B USD 3.3 39 23 30.3
US
Twilio Inc
NYSE:TWLO
11.8B USD 2.9 -13.5 -34 -16.2
US
Switch Inc
NYSE:SWCH
8.4B USD 12.6 22.1 34.7 109.5
ID
DCI Indonesia Tbk PT
IDX:DCII
101T IDR 96.8 274.6 193.3 193.3
P/E Multiple
Earnings Growth
US
Okta Inc
NASDAQ:OKTA
Average P/E: 79.7
Negative Multiple: -20.1 		N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -27.3 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -70.8 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -120.2 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -123.9 N/A
US
Verisign Inc
NASDAQ:VRSN
29.8
40%
US
Akamai Technologies Inc
NASDAQ:AKAM
33.1
91%
US
GoDaddy Inc
NYSE:GDDY
39
113%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -13.5 N/A
US
Switch Inc
NYSE:SWCH
22.1
N/A
ID
D
DCI Indonesia Tbk PT
IDX:DCII
274.6
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 57.6
Negative Multiple: -21.6 		N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -164.2 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -67.9 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -111.9 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -385.2 N/A
US
Verisign Inc
NASDAQ:VRSN
21.9
32%
US
Akamai Technologies Inc
NASDAQ:AKAM
15.3
48%
US
GoDaddy Inc
NYSE:GDDY
23
99%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -34 N/A
US
Switch Inc
NYSE:SWCH
34.7
N/A
ID
D
DCI Indonesia Tbk PT
IDX:DCII
193.3
N/A
EV/EBIT Multiple
EBIT Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 76.8
Negative Multiple: -18.2 		N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -141 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -62.8 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -103.4 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -127.9 N/A
US
Verisign Inc
NASDAQ:VRSN
22.9
28%
US
Akamai Technologies Inc
NASDAQ:AKAM
28
93%
US
GoDaddy Inc
NYSE:GDDY
30.3
90%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -16.2 N/A
US
Switch Inc
NYSE:SWCH
109.5
N/A
ID
D
DCI Indonesia Tbk PT
IDX:DCII
193.3
N/A

See Also

Summary
OKTA intrinsic value, competitors valuation, and company profile.
DCF Valuation
OKTA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
OKTA stock valuation using valuation multiples.
Wall Street Estimates
OKTA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
OKTA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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