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Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
Watchlist
Price: 92.93 USD -0.89% Market Closed
Updated: Apr 26, 2024
Section:
 

Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 100.95 USD. Compared to the current market price of 92.93 USD, Okta Inc is Undervalued by 8%.

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
100.95 USD
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.9
P/S
P/S
Price to Sales
6.9
vs History
73
vs Industry
17
Median 3Y
7.6
Median 5Y
25
Industry
2.2
Forward
6.1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-26.2
Median 5Y
-68.8
Industry
24
Forward
39.2
More Details
30.3
P/OCF
P/OCF
Price to OCF
30.3
vs History
93
vs Industry
20
Median 3Y
199.4
Median 5Y
276.1
Industry
16.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
17
Median 3Y
28.3
Median 5Y
28.1
Industry
21.5
More Details
2.6
P/B
P/B
Price to Book Value
2.6
vs History
68
vs Industry
41
Median 3Y
2.6
Median 5Y
6.3
Industry
2.7
More Details
6.4
EV/S
EV/S
Enterprise Value to Sales
6.4
vs History
76
vs Industry
17
Median 3Y
7.3
Median 5Y
24.1
Industry
2.2
Forward
5.7
More Details
8.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.6
vs History
79
vs Industry
26
Median 3Y
10.2
Median 5Y
33.3
Industry
4.7
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
28.3
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
16.5
Forward
30.4
More Details
28.3
EV/OCF
EV/OCF
Enterprise Value to OCF
28.3
vs History
93
vs Industry
20
Median 3Y
194.9
Median 5Y
262.9
Industry
15.3
More Details
29.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
29.7
vs History
85
vs Industry
20
Median 3Y
214.7
Median 5Y
300.1
Industry
18.1
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
69
vs Industry
42
Median 3Y
2.1
Median 5Y
5.8
Industry
2.3
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
15.5B USD 6.9 -43.7 -38.5 -31.5
CA
Shopify Inc
NYSE:SHOP
90.8B USD 12.9 682.5 -10 834.4 -1 111.2
US
Snowflake Inc.
NYSE:SNOW
50.9B USD 18.1 -60.9 -48.4 -43.1
US
Cloudflare Inc
NYSE:NET
29.3B USD 22.6 -159.2 -581.8 -155.8
US
MongoDB Inc
NASDAQ:MDB
26.6B USD 15.8 -150.8 -122.4 -110.4
US
Verisign Inc
NASDAQ:VRSN
18.5B USD 12.4 22.6 18.5 19.4
US
GoDaddy Inc
NYSE:GDDY
17.7B USD 4.2 12.9 25.9 32.9
US
Akamai Technologies Inc
NASDAQ:AKAM
15.4B USD 4 28.1 13.6 23.8
US
Twilio Inc
NYSE:TWLO
10.9B USD 2.6 -10.8 -74.6 -20.3
US
Switch Inc
NYSE:SWCH
8.4B USD 12.6 22.1 34.7 109.5
IL
Wix.Com Ltd
NASDAQ:WIX
6.9B USD 4.4 209.1 188.4 793.7
P/E Multiple
Earnings Growth
US
Okta Inc
NASDAQ:OKTA
Average P/E: 162.9
Negative Multiple: -43.7 		N/A
CA
Shopify Inc
NYSE:SHOP
682.5
1 589%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -60.9 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -159.2 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -150.8 N/A
US
Verisign Inc
NASDAQ:VRSN
22.6
20%
US
GoDaddy Inc
NYSE:GDDY
12.9
-19%
US
Akamai Technologies Inc
NASDAQ:AKAM
28.1
124%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -10.8 N/A
US
Switch Inc
NYSE:SWCH
22.1
N/A
IL
Wix.Com Ltd
NASDAQ:WIX
209.1
1 224%
EV/EBITDA Multiple
EBITDA Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 56.2
Negative Multiple: -38.5 		N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -10 834.4 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -48.4 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -581.8 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -122.4 N/A
US
Verisign Inc
NASDAQ:VRSN
18.5
21%
US
GoDaddy Inc
NYSE:GDDY
25.9
116%
US
Akamai Technologies Inc
NASDAQ:AKAM
13.6
55%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -74.6 N/A
US
Switch Inc
NYSE:SWCH
34.7
N/A
IL
Wix.Com Ltd
NASDAQ:WIX
188.4
1 566%
EV/EBIT Multiple
EBIT Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 195.8
Negative Multiple: -31.5 		N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -1 111.2 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -43.1 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -155.8 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -110.4 N/A
US
Verisign Inc
NASDAQ:VRSN
19.4
18%
US
GoDaddy Inc
NYSE:GDDY
32.9
109%
US
Akamai Technologies Inc
NASDAQ:AKAM
23.8
103%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -20.3 N/A
US
Switch Inc
NYSE:SWCH
109.5
N/A
IL
Wix.Com Ltd
NASDAQ:WIX
793.7
6 560%

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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