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Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
Watchlist
Price: 93.33 USD 0.24% Market Closed
Updated: Jul 27, 2024
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Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 99.4 USD. Compared to the current market price of 93.33 USD, Okta Inc is Undervalued by 6%.

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
99.4 USD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
74
vs Industry
17
Median 3Y
6.8
Median 5Y
24.9
Industry
2.3
Forward
6
vs History
vs Industry
Median 3Y
-26.2
Median 5Y
-56.6
Industry
23.6
Forward
38
vs History
96
vs Industry
22
Median 3Y
179.2
Median 5Y
260.3
Industry
17.2
vs History
vs Industry
17
Median 3Y
22.9
Median 5Y
25
Industry
22.3
vs History
66
vs Industry
42
Median 3Y
2.6
Median 5Y
5.3
Industry
2.7
vs History
74
vs Industry
18
Median 3Y
6.5
Median 5Y
23.7
Industry
2.2
Forward
5.6
vs History
84
vs Industry
26
Median 3Y
9
Median 5Y
33
Industry
4.7
vs History
vs Industry
Median 3Y
-25.8
Median 5Y
-58.2
Industry
13.3
Forward
26.7
vs History
vs Industry
Median 3Y
-21.8
Median 5Y
-49.6
Industry
16.9
Forward
28.5
vs History
96
vs Industry
22
Median 3Y
173.5
Median 5Y
253.5
Industry
15.5
vs History
92
vs Industry
22
Median 3Y
176.8
Median 5Y
297.7
Industry
19
vs History
66
vs Industry
42
Median 3Y
2.1
Median 5Y
4.6
Industry
2.4

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
15.6B USD 6.6 -56.6 -52.8 -40.8
CA
Shopify Inc
NYSE:SHOP
77.2B USD 10.4 -371.3 -67.1 -64.1
US
Snowflake Inc.
NYSE:SNOW
43.2B USD 14.3 -46.6 -38.5 -34
US
Cloudflare Inc
NYSE:NET
26.5B USD 19.1 -145.9 -239.7 -107.1
US
GoDaddy Inc
NYSE:GDDY
20.4B USD 4.7 11.8 27 33
US
MongoDB Inc
NASDAQ:MDB
18.6B USD 10.5 -91.5 -73.7 -67.1
US
Verisign Inc
NASDAQ:VRSN
18.3B USD 12.1 22 18.1 18.9
US
Akamai Technologies Inc
NASDAQ:AKAM
14.7B USD 3.8 23.5 12.4 22.1
US
Twilio Inc
NYSE:TWLO
10.4B USD 2.5 -14.3 -204.2 -25
IL
Wix.Com Ltd
NASDAQ:WIX
8.7B USD 5.4 128.8 155.7 323.8
US
Switch Inc
F:821
7.7B EUR 12.6 22.2 34.7 109.6
P/E Multiple
Earnings Growth
US
Okta Inc
NASDAQ:OKTA
Average P/E: 41.7
Negative Multiple: -56.6
N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -371.3
1 548%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -46.6 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -145.9 N/A
US
GoDaddy Inc
NYSE:GDDY
11.8
-14%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -91.5 N/A
US
Verisign Inc
NASDAQ:VRSN
22
16%
US
Akamai Technologies Inc
NASDAQ:AKAM
23.5
115%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -14.3 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
128.8
1 282%
US
S
Switch Inc
F:821
22.2
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 49.6
Negative Multiple: -52.8
N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -67.1 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -38.5 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -239.7 N/A
US
GoDaddy Inc
NYSE:GDDY
27
118%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -73.7 N/A
US
Verisign Inc
NASDAQ:VRSN
18.1
23%
US
Akamai Technologies Inc
NASDAQ:AKAM
12.4
54%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -204.2 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
155.7
1 615%
US
S
Switch Inc
F:821
34.7
N/A
EV/EBIT Multiple
EBIT Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 101.5
Negative Multiple: -40.8
N/A
CA
Shopify Inc
NYSE:SHOP
Negative Multiple: -64.1 N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -34 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -107.1 N/A
US
GoDaddy Inc
NYSE:GDDY
33
107%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -67.1 N/A
US
Verisign Inc
NASDAQ:VRSN
18.9
18%
US
Akamai Technologies Inc
NASDAQ:AKAM
22.1
87%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -25 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
323.8
6 754%
US
S
Switch Inc
F:821
109.6
N/A

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