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Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 81.8051 USD -6.25%
Market Cap: $14.5B

Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 67.1664 USD. Compared to the current market price of 81.8051 USD, Okta Inc is Overvalued by 18%.

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
67.1664 USD
Overvaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

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
14.8B USD 5.1 74 54.9 98.1
CA
Shopify Inc
NASDAQ:SHOP
146.9B USD 12.4 116.9 91.3 93.2
US
Cloudflare Inc
NYSE:NET
68.9B USD 31 -656.4 -5 730.7 -323.3
US
Snowflake Inc
XETRA:5Q5
53B EUR 14.2 -46.3 -52 -44.1
US
Snowflake Inc.
NYSE:SNOW
60.3B USD 13.5 -43.9 -49.7 -42.2
ID
DCI Indonesia Tbk PT
IDX:DCII
536T IDR 203.6 457.3 381.3 381.3
US
MongoDB Inc
NASDAQ:MDB
29B USD 11.9 -388.5 -189.8 -162
US
Verisign Inc
NASDAQ:VRSN
20.1B USD 11.9 23.9 18.2 18.7
US
Twilio Inc
NYSE:TWLO
16.6B USD 3.2 475 41.7 94.4
US
Akamai Technologies Inc
NASDAQ:AKAM
16.1B USD 3.8 30.7 13.9 29.1
US
GoDaddy Inc
NYSE:GDDY
12.1B USD 2.4 14.3 12.2 13.6
P/S Multiple
Revenue Growth P/S to Growth
US
Okta Inc
NASDAQ:OKTA
Average P/S: 28.5
5.1
11%
0.5
CA
Shopify Inc
NASDAQ:SHOP
12.4
22%
0.6
US
Cloudflare Inc
NYSE:NET
31
27%
1.1
US
Snowflake Inc
XETRA:5Q5
14.2
26%
0.5
US
Snowflake Inc.
NYSE:SNOW
13.5
26%
0.5
ID
DCI Indonesia Tbk PT
IDX:DCII
203.6
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
11.9
20%
0.6
US
Verisign Inc
NASDAQ:VRSN
11.9
5%
2.4
US
Twilio Inc
NYSE:TWLO
3.2
8%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
3.8
6%
0.6
US
GoDaddy Inc
NYSE:GDDY
2.4
8%
0.3
P/E Multiple
Earnings Growth PEG
US
Okta Inc
NASDAQ:OKTA
Average P/E: 170.3
74
197%
0.4
CA
Shopify Inc
NASDAQ:SHOP
116.9
44%
2.7
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -656.4 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -46.3 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -43.9 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
457.3
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -388.5 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
23.9
8%
3
US
Twilio Inc
NYSE:TWLO
475
219%
2.2
US
Akamai Technologies Inc
NASDAQ:AKAM
30.7
33%
0.9
US
GoDaddy Inc
NYSE:GDDY
14.3
11%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 87.6
54.9
246%
0.2
CA
Shopify Inc
NASDAQ:SHOP
91.3
50%
1.8
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -5 730.7 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -52 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -49.7 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
381.3
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -189.8 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
18.2
N/A N/A
US
Twilio Inc
NYSE:TWLO
41.7
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
13.9
16%
0.9
US
GoDaddy Inc
NYSE:GDDY
12.2
23%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 104
98.1
N/A N/A
CA
Shopify Inc
NASDAQ:SHOP
93.2
46%
2
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -323.3 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -44.1 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -42.2 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
381.3
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -162 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
18.7
6%
3.1
US
Twilio Inc
NYSE:TWLO
94.4
104%
0.9
US
Akamai Technologies Inc
NASDAQ:AKAM
29.1
26%
1.1
US
GoDaddy Inc
NYSE:GDDY
13.6
19%
0.7