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Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
Watchlist
Price: 89.29 USD 0.17% Market Closed
Updated: Jun 13, 2024
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Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 98.73 USD. Compared to the current market price of 89.29 USD, Okta Inc is Undervalued by 10%.

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
98.73 USD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
18
Median 3Y
6.9
Median 5Y
25
Industry
2.3
Forward
5.8
vs History
vs Industry
Median 3Y
-26.2
Median 5Y
-56.6
Industry
23.5
Forward
37.7
vs History
96
vs Industry
23
Median 3Y
190.9
Median 5Y
263.7
Industry
17.1
vs History
vs Industry
17
Median 3Y
25.3
Median 5Y
25.3
Industry
22
vs History
69
vs Industry
42
Median 3Y
2.5
Median 5Y
5.8
Industry
2.7
vs History
82
vs Industry
19
Median 3Y
6.5
Median 5Y
24.1
Industry
2.2
Forward
5.4
vs History
88
vs Industry
27
Median 3Y
9.1
Median 5Y
33.3
Industry
4.6
vs History
vs Industry
Median 3Y
-25.8
Median 5Y
-66
Industry
13.3
Forward
27
vs History
vs Industry
Median 3Y
-21.8
Median 5Y
-56.3
Industry
16.8
Forward
30.2
vs History
96
vs Industry
23
Median 3Y
185.3
Median 5Y
253.7
Industry
15.6
vs History
92
vs Industry
23
Median 3Y
188.8
Median 5Y
300.1
Industry
18.6
vs History
68
vs Industry
43
Median 3Y
2.1
Median 5Y
5.3
Industry
2.3

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
14.9B USD 6.3 -54.2 -50.3 -38.9
CA
Shopify Inc
NYSE:SHOP
84.3B USD 11.4 -405.5 -73.6 -70.3
US
Snowflake Inc.
NYSE:SNOW
43.6B USD 14.5 -47 -38.9 -34.3
US
Cloudflare Inc
NYSE:NET
25.6B USD 18.5 -141.2 -231.9 -103.6
US
GoDaddy Inc
NYSE:GDDY
19.7B USD 4.5 11.4 26.1 32
US
Verisign Inc
NASDAQ:VRSN
18B USD 11.9 21.6 17.8 18.6
US
MongoDB Inc
NASDAQ:MDB
16.8B USD 9.5 -82.9 -66.3 -60.5
US
Akamai Technologies Inc
NASDAQ:AKAM
13.5B USD 3.5 21.5 11.4 20.5
US
Twilio Inc
NYSE:TWLO
10.1B USD 2.4 -13.8 -195.1 -23.9
IL
Wix.Com Ltd
NASDAQ:WIX
9.4B USD 5.8 139 168.5 350.6
US
Switch Inc
NYSE:SWCH
8.4B USD 12.6 22.1 34.7 109.5
P/E Multiple
Earnings Growth
US
Okta Inc
NASDAQ:OKTA
Average P/E: 43.1
Negative Multiple: -54.2
N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -405.5
1 601%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -47 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -141.2 N/A
US
GoDaddy Inc
NYSE:GDDY
11.4
-10%
US
Verisign Inc
NASDAQ:VRSN
21.6
16%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -82.9 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
21.5
115%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -13.8 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
139
1 346%
US
Switch Inc
NYSE:SWCH
22.1
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 51.7
Negative Multiple: -50.3
N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -73.6 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -38.9 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -231.9 N/A
US
GoDaddy Inc
NYSE:GDDY
26.1
118%
US
Verisign Inc
NASDAQ:VRSN
17.8
26%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -66.3 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
11.4
54%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -195.1 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
168.5
1 566%
US
Switch Inc
NYSE:SWCH
34.7
N/A
EV/EBIT Multiple
EBIT Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 106.2
Negative Multiple: -38.9
N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -70.3 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -34.3 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -103.6 N/A
US
GoDaddy Inc
NYSE:GDDY
32
102%
US
Verisign Inc
NASDAQ:VRSN
18.6
17%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -60.5 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
20.5
90%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -23.9 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
350.6
6 560%
US
Switch Inc
NYSE:SWCH
109.5
N/A

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