Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 75.45 USD 2.39% Market Closed
Market Cap: 12.8B USD
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Relative Value

The Relative Value of one OKTA stock under the Base Case scenario is 96.11 USD. Compared to the current market price of 75.45 USD, Okta Inc is Undervalued by 21%.

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
96.11 USD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
93
vs Industry
17
Median 3Y
6.5
Median 5Y
12.9
Industry
2.4
Forward
4.9
vs History
vs Industry
Median 3Y
-26.2
Median 5Y
-57
Industry
23.1
Forward
28.3
vs History
95
vs Industry
22
Median 3Y
61.8
Median 5Y
235.1
Industry
16.9
vs History
38
vs Industry
17
Median 3Y
41.3
Median 5Y
25.3
Industry
21.5
vs History
82
vs Industry
42
Median 3Y
2.4
Median 5Y
3.4
Industry
2.9
vs History
95
vs Industry
18
Median 3Y
6.2
Median 5Y
12.7
Industry
2.4
Forward
4.4
vs History
95
vs Industry
26
Median 3Y
8.5
Median 5Y
18.5
Industry
4.8
vs History
vs Industry
Median 3Y
-25.8
Median 5Y
-66
Industry
12.9
Forward
20.3
vs History
vs Industry
Median 3Y
-21.8
Median 5Y
-49.1
Industry
16.7
Forward
21
vs History
95
vs Industry
22
Median 3Y
59
Median 5Y
223.8
Industry
15.7
vs History
90
vs Industry
22
Median 3Y
53.6
Median 5Y
262.3
Industry
18.7
vs History
79
vs Industry
42
Median 3Y
2
Median 5Y
2.8
Industry
2.5

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
12.8B USD 5.2 -94.2 -79.8 -50.7
CA
Shopify Inc
NYSE:SHOP
137.5B USD 16.7 99.4 135.9 141.3
US
Snowflake Inc.
NYSE:SNOW
57.4B USD 17.9 -56.4 -49.9 -43.8
US
Cloudflare Inc
NYSE:NET
35.8B USD 22.7 -381.2 -1 000.2 -216.3
US
GoDaddy Inc
NYSE:GDDY
27.1B USD 6 14.6 29.8 34.7
US
MongoDB Inc
NASDAQ:MDB
23.3B USD 12.8 -106 -84.1 -77.7
US
Verisign Inc
NASDAQ:VRSN
17.8B USD 11.6 20.8 17.1 17.8
US
Twilio Inc
NYSE:TWLO
15.9B USD 3.7 -34.3 120.5 -135.9
US
Akamai Technologies Inc
NASDAQ:AKAM
13.7B USD 3.5 26.1 10.7 19.9
IL
Wix.Com Ltd
NASDAQ:WIX
12B USD 7.3 163.6 166.1 286.4
US
Switch Inc
F:821
7.7B EUR 12.1 21.4 33.7 106.5
P/E Multiple
Earnings Growth
US
Okta Inc
NASDAQ:OKTA
Average P/E: 57.6
Negative Multiple: -94.2
N/A
CA
Shopify Inc
NYSE:SHOP
99.4
1 716%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -56.4 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -381.2 N/A
US
GoDaddy Inc
NYSE:GDDY
14.6
-13%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -106 N/A
US
Verisign Inc
NASDAQ:VRSN
20.8
12%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -34.3 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
26.1
111%
IL
Wix.Com Ltd
NASDAQ:WIX
163.6
1 247%
US
S
Switch Inc
F:821
21.4
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBITDA: 73.4
Negative Multiple: -79.8
N/A
CA
Shopify Inc
NYSE:SHOP
135.9
3 292%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -49.9 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -1 000.2 N/A
US
GoDaddy Inc
NYSE:GDDY
29.8
115%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -84.1 N/A
US
Verisign Inc
NASDAQ:VRSN
17.1
15%
US
Twilio Inc
NYSE:TWLO
120.5
N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
10.7
53%
IL
Wix.Com Ltd
NASDAQ:WIX
166.1
1 611%
US
S
Switch Inc
F:821
33.7
N/A
EV/EBIT Multiple
EBIT Growth
US
Okta Inc
NASDAQ:OKTA
Average EV/EBIT: 101.1
Negative Multiple: -50.7
N/A
CA
Shopify Inc
NYSE:SHOP
141.3
41 950%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -43.8 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -216.3 N/A
US
GoDaddy Inc
NYSE:GDDY
34.7
111%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -77.7 N/A
US
Verisign Inc
NASDAQ:VRSN
17.8
14%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -135.9 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
19.9
89%
IL
Wix.Com Ltd
NASDAQ:WIX
286.4
6 673%
US
S
Switch Inc
F:821
106.5
N/A

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