(OKTA) Okta - NASDAQ
Sector: Technology | Industry: Software - Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 20.461m USD | Total Return: 16.1% in 12m
Avg Turnover: 370M
EPS Trend: 90.8%
Qual. Beats: 17
Rev. Trend: 99.4%
Qual. Beats: 17
Warnings
P/E ratio 85.9
Below Avwap Earnings
Tailwinds
Supp Ema20, Pead
Okta, Inc. is a cloud-native identity management provider headquartered in San Francisco. The company operates within the Identity and Access Management (IAM) sector, utilizing a Software-as-a-Service (SaaS) business model to provide centralized security authentication. Its platform enables organizations to manage and secure user identities across cloud, on-premises, and hybrid environments through tools such as Single Sign-On (SSO), Adaptive Multi-Factor Authentication (MFA), and Universal Directory.
The company’s product suite has expanded beyond basic workforce identity into specialized areas including Identity Governance and Administration (IGA), Privileged Access Management (PAM), and API security. Following its acquisition of Auth0, Okta also provides developer-centric tools for customer identity and machine-to-machine authentication. This reflects a broader industry shift toward Zero Trust security architectures, where identity verification is required for every access request regardless of the users location.
Recent innovations include Identity Threat Protection and specialized tools for governing AI agents and non-human identities. For a deeper look at the fundamental metrics driving these developments, you may find ValueRay’s detailed data useful. As the infrastructure for digital access continues to evolve, Okta remains focused on reducing risk through automated lifecycle management and passwordless login technologies.
- Enterprise shift to cloud-based identity management accelerates subscription revenue growth
- Security breach incidents impact customer trust and long-term retention rates
- Expansion into Identity Governance and Privileged Access markets increases platform stickiness
- Upselling Auth0 and developer-focused tools drives higher average revenue per customer
- Macroeconomic spending cuts on enterprise software slow new logo acquisition velocity
| Net Income: 247.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 1.98 > 1.0 |
| NWC/Revenue: 30.24% < 20% (prev 39.87%; Δ -9.63% < -1%) |
| CFO/TA 0.10 > 3% & CFO 950.0m > Net Income 247.0m |
| Net Debt (-2.12b) to EBITDA (316.0m): -6.70 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (177.7m) vs 12m ago -2.23% < -2% |
| Gross Margin: 77.44% > 18% (prev 76.69%; Δ 0.75% > 0.5%) |
| Asset Turnover: 32.02% > 50% (prev 28.63%; Δ 3.39% > 0%) |
| Interest Coverage Ratio: 56.25 > 6 (EBIT TTM 225.0m / Interest Expense TTM 4.00m) |
| A: 0.10 (Total Current Assets 3.22b - Total Current Liabilities 2.31b) / Total Assets 9.35b |
| B: -0.27 (Retained Earnings -2.49b / Total Assets 9.35b) |
| C: 0.02 (EBIT TTM 225.0m / Avg Total Assets 9.36b) |
| D: 2.82 (Book Value of Equity 6.90b / Total Liabilities 2.45b) |
| Altman-Z'' = 2.89 = A |
| DSRI: 1.00 (Receivables 386.0m/345.0m, Revenue 3.00b/2.68b) |
| GMI: 0.99 (GM 76.69% / 77.44%) |
| AQI: 1.03 (AQ_t 0.65 / AQ_t-1 0.63) |
| SGI: 1.12 (Revenue 3.00b / 2.68b) |
| TATA: -0.08 (NI 247.0m - CFO 950.0m) / TA 9.35b) |
| Beneish M = -2.94 (Cap -4..+1) = A |
As of June 13, 2026, the stock is trading at USD 116.29 with a total of 1,954,494 shares traded.
Over the past week, the price has changed by -2.05%,
over one month by +47.09%,
over three months by +47.30% and
over the past year by +16.08%.
Okta has received a consensus analysts rating of 3.96. Therefore, it is recommended to buy OKTA.
- StrongBuy: 18
- Buy: 8
- Hold: 18
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 119.4 | 2.6% |
P/E Trailing = 85.927
P/E Forward = 30.6748
P/S = 6.8293
P/B = 2.9602
P/EG = 1.1156
Revenue TTM = 3.00b USD
EBIT TTM = 225.0m USD
EBITDA TTM = 316.0m USD
Long Term Debt = 61.0m USD (estimated: total debt 411.0m - short term 350.0m)
Short Term Debt = 350.0m USD (from shortTermDebt, last quarter)
Debt = 472.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 61.0m
Net Debt = -2.12b USD (calculated: Debt 472.0m - CCE 2.59b)
Enterprise Value = 18.3b USD (20.5b + Debt 472.0m - CCE 2.59b)
Interest Coverage Ratio = 56.25 (Ebit TTM 225.0m / Interest Expense TTM 4.00m)
EV/FCF = 19.56x (Enterprise Value 18.3b / FCF TTM 938.0m)
FCF Yield = 5.11% (FCF TTM 938.0m / Enterprise Value 18.3b)
FCF Margin = 31.31% (FCF TTM 938.0m / Revenue TTM 3.00b)
Net Margin = 8.24% (Net Income TTM 247.0m / Revenue TTM 3.00b)
Gross Margin = 77.44% ((Revenue TTM 3.00b - Cost of Revenue TTM 676.0m) / Revenue TTM)
Gross Margin QoQ = 77.78% (prev 77.92%)
Tobins Q-Ratio = 1.96 (Enterprise Value 18.3b / Total Assets 9.35b)
Interest Expense / Debt = 0.85% (Interest Expense 4.00m / Debt 472.0m)
Taxrate = 6.79% (18.0m / 265.0m)
NOPAT = 209.7m (EBIT 225.0m * (1 - 6.79%))
Current Ratio = 1.39 (Total Current Assets 3.22b / Total Current Liabilities 2.31b)
Debt / Equity = 0.07 (Debt 472.0m / totalStockholderEquity, last quarter 6.90b)
Debt / EBITDA = -6.70 (Net Debt -2.12b / EBITDA 316.0m)
Debt / FCF = -2.26 (Net Debt -2.12b / FCF TTM 938.0m)
Total Stockholder Equity = 6.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.64% (Net Income 247.0m / Total Assets 9.35b)
RoE = 3.59% (Net Income TTM 247.0m / Total Stockholder Equity 6.89b)
RoCE = 3.24% (EBIT 225.0m / Capital Employed (Equity 6.89b + L.T.Debt 61.0m))
RoIC = 2.90% (NOPAT 209.7m / Invested Capital 7.24b)
WACC = 9.62% (E(20.5b)/V(20.9b) * Re(9.82%) + D(472.0m)/V(20.9b) * Rd(0.85%) * (1-Tc(0.07)))
Discount Rate = 9.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.56 | Cagr: 3.07%
[DCF] Terminal Value 73.98% ; FCFF base≈864.4m ; Y1≈990.9m ; Y5≈1.46b
[DCF] Fair Price = 120.7 (EV 17.9b - Net Debt -2.12b = Equity 20.1b / Shares 166.1m; r=9.62% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 90.78 | EPS CAGR: 61.44% | SUE: 2.26 | # QB: 17
Revenue Correlation: 99.45 | Revenue CAGR: 14.12% | SUE: 4.0 | # QB: 17
EPS current Quarter (2026-07-31): EPS=0.96 | Chg30d=+0.89% | Revisions=+25% | Analysts=41
EPS next Quarter (2026-10-31): EPS=0.94 | Chg30d=-0.02% | Revisions=+8% | Analysts=41
EPS current Year (2027-01-31): EPS=3.84 | Chg30d=+1.41% | Revisions=+91% | GrowthEPS=+9.8% | GrowthRev=+9.6%
EPS next Year (2028-01-31): EPS=4.28 | Chg30d=+1.08% | Revisions=+57% | GrowthEPS=+11.4% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: +91%