Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 114.08 USD 1.03% Market Closed
Market Cap: 19.8B USD
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Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 76.18 USD. Compared to the current market price of 114.08 USD, Okta Inc is Overvalued by 33%.

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
76.18 USD
Overvaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
52
vs Industry
17
Median 3Y
6.3
Median 5Y
8
Industry
2.4
Forward
6.9
vs History
0
vs Industry
Median 3Y
-22.6
Median 5Y
-51.1
Industry
22.3
Forward
38.6
vs History
82
vs Industry
22
Median 3Y
49.9
Median 5Y
219.6
Industry
16.8
vs History
41
vs Industry
17
Median 3Y
36.5
Median 5Y
28.3
Industry
21
vs History
46
vs Industry
42
Median 3Y
2.4
Median 5Y
2.9
Industry
2.9
vs History
53
vs Industry
18
Median 3Y
6
Median 5Y
7.6
Industry
2.4
Forward
6.1
vs History
60
vs Industry
26
Median 3Y
8.3
Median 5Y
10.3
Industry
4.8
vs History
0
vs Industry
Median 3Y
-23.4
Median 5Y
-53.1
Industry
12.6
Forward
26.5
vs History
vs Industry
Median 3Y
-21.3
Median 5Y
-49.6
Industry
16
Forward
27.7
vs History
84
vs Industry
22
Median 3Y
47.4
Median 5Y
213.2
Industry
15.5
vs History
79
vs Industry
22
Median 3Y
35
Median 5Y
232
Industry
18.1
vs History
44
vs Industry
42
Median 3Y
1.9
Median 5Y
2.3
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
19.8B USD 7.6 707.9 705.9 -280.1
CA
Shopify Inc
NYSE:SHOP
131.5B USD 14.8 65.1 113.4 117.2
US
Snowflake Inc.
NYSE:SNOW
51.5B USD 14.2 -40 -39.4 -34.4
US
Cloudflare Inc
NYSE:NET
40.5B USD 24.3 -514.6 -1 478.6 -258.3
US
GoDaddy Inc
NYSE:GDDY
25.6B USD 5.6 27.3 26.5 30.4
US
Verisign Inc
NASDAQ:VRSN
23B USD 14.8 29.3 21.8 22.6
ID
DCI Indonesia Tbk PT
IDX:DCII
331.2T IDR 228.4 558.3 441.4 441.4
US
Twilio Inc
NYSE:TWLO
15.7B USD 3.5 -143.7 86.5 -354.3
US
MongoDB Inc
NASDAQ:MDB
15.3B USD 7.6 -118.5 -64.7 -60
US
Akamai Technologies Inc
NASDAQ:AKAM
12.4B USD 3.1 24.6 9.8 18.8
IL
Wix.Com Ltd
NASDAQ:WIX
9.4B USD 5.3 67.7 62.9 82.5
P/S Multiple
Revenue Growth P/S to Growth
US
Okta Inc
NASDAQ:OKTA
Average P/S: 29.9
7.6
11%
0.7
CA
Shopify Inc
NYSE:SHOP
14.8
22%
0.7
US
Snowflake Inc.
NYSE:SNOW
14.2
24%
0.6
US
Cloudflare Inc
NYSE:NET
24.3
27%
0.9
US
GoDaddy Inc
NYSE:GDDY
5.6
8%
0.7
US
Verisign Inc
NASDAQ:VRSN
14.8
5%
3
ID
DCI Indonesia Tbk PT
IDX:DCII
228.4
N/A N/A
US
Twilio Inc
NYSE:TWLO
3.5
9%
0.4
US
MongoDB Inc
NASDAQ:MDB
7.6
17%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
3.1
7%
0.4
IL
Wix.Com Ltd
NASDAQ:WIX
5.3
13%
0.4
P/E Multiple
Earnings Growth PEG
US
Okta Inc
NASDAQ:OKTA
Average P/E: 211.5
707.9
195%
3.6
CA
Shopify Inc
NYSE:SHOP
65.1
18%
3.6
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -40 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -514.6 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
27.3
13%
2.1
US
Verisign Inc
NASDAQ:VRSN
29.3
9%
3.3
ID
DCI Indonesia Tbk PT
IDX:DCII
558.3
N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -143.7 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -118.5 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
24.6
38%
0.6
IL
Wix.Com Ltd
NASDAQ:WIX
67.7
66%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 183.5
705.9
251%
2.8
CA
Shopify Inc
NYSE:SHOP
113.4
51%
2.2
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -39.4 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -1 478.6 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
26.5
25%
1.1
US
Verisign Inc
NASDAQ:VRSN
21.8
3%
7.3
ID
DCI Indonesia Tbk PT
IDX:DCII
441.4
N/A N/A
US
Twilio Inc
NYSE:TWLO
86.5
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -64.7 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
9.8
18%
0.5
IL
Wix.Com Ltd
NASDAQ:WIX
62.9
81%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 118.8
Negative Multiple: -280.1
N/A N/A
CA
Shopify Inc
NYSE:SHOP
117.2
48%
2.4
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -34.4 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -258.3 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
30.4
14%
2.2
US
Verisign Inc
NASDAQ:VRSN
22.6
5%
4.5
ID
DCI Indonesia Tbk PT
IDX:DCII
441.4
N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -354.3 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -60 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
18.8
N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
82.5
95%
0.9