Okta Valuation

Is OKTA * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OKTA * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OKTA * (MX$1530) is trading below our estimate of fair value (MX$1558.37)

Significantly Below Fair Value: OKTA * is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for OKTA *?

Other financial metrics that can be useful for relative valuation.

OKTA * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.8x
Enterprise Value/EBITDA-50.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does OKTA *'s PS Ratio compare to its peers?

The above table shows the PS ratio for OKTA * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.4x
MDB MongoDB
9.4x16.8%US$16.0b
TWLO Twilio
2.2x6.7%US$9.5b
NET Cloudflare
18.5x21.0%US$25.0b
AKAM Akamai Technologies
3.5x7.0%US$13.5b
6.4x11.1%Mex$14.8b

Price-To-Sales vs Peers: OKTA * is good value based on its Price-To-Sales Ratio (6.4x) compared to the peer average (8.3x).


Price to Earnings Ratio vs Industry

How does OKTA *'s PE Ratio compare vs other companies in the Global IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0%
n/an/an/a
No more companies

Price-To-Sales vs Industry: OKTA * is expensive based on its Price-To-Sales Ratio (6.4x) compared to the Global IT industry average (1.5x).


Price to Sales Ratio vs Fair Ratio

What is OKTA *'s PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OKTA * PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate OKTA *'s Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OKTA * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$1,530.00
Mex$2,101.80
+37.4%
11.5%Mex$2,585.42Mex$1,498.44n/a36
Jun ’25Mex$1,500.00
Mex$1,945.04
+29.7%
11.1%Mex$2,375.20Mex$1,376.60n/a36
May ’25Mex$1,596.25
Mex$1,898.02
+18.9%
11.8%Mex$2,342.77Mex$1,357.80n/a38
Apr ’25n/a
Mex$1,898.02
0%
11.8%Mex$2,342.77Mex$1,357.80n/a38
Mar ’25Mex$1,836.00
Mex$1,863.60
+1.5%
14.6%Mex$2,382.60Mex$1,276.40n/a38
Feb ’25Mex$1,464.02
Mex$1,501.63
+2.6%
13.4%Mex$2,065.04Mex$1,101.36n/a39
Jan ’25Mex$1,550.00
Mex$1,431.24
-7.7%
14.6%Mex$2,037.61Mex$1,086.73n/a38
Dec ’24Mex$1,181.01
Mex$1,459.27
+23.6%
14.8%Mex$2,083.63Mex$1,111.27n/a38
Nov ’24n/a
Mex$1,651.02
0%
12.3%Mex$2,166.42Mex$1,155.42n/a39
Oct ’24Mex$1,505.00
Mex$1,621.04
+7.7%
11.8%Mex$2,070.70Mex$1,104.37n/a41
Sep ’24Mex$1,368.00
Mex$1,591.18
+16.3%
11.7%Mex$2,046.16Mex$1,091.28n/a41
Aug ’24n/a
Mex$1,541.30
0%
13.1%Mex$2,009.33Mex$1,071.64n/a41
Jul ’24n/a
Mex$1,587.82
0%
13.2%Mex$2,072.71Mex$1,105.45n/a41
Jun ’24Mex$1,318.01
Mex$1,610.63
+22.2%
13.6%Mex$2,106.41Mex$1,123.42Mex$1,500.0041
May ’24Mex$1,283.00
Mex$1,662.87
+29.6%
13.4%Mex$2,164.85Mex$1,154.59Mex$1,596.2540
Apr ’24n/a
Mex$1,665.95
0%
13.4%Mex$2,171.11Mex$1,157.93n/a38
Mar ’24Mex$1,317.00
Mex$1,476.56
+12.1%
18.4%Mex$2,262.86Mex$814.63Mex$1,836.0037
Feb ’24n/a
Mex$1,507.12
0%
19.0%Mex$2,344.91Mex$844.17Mex$1,464.0235
Jan ’24Mex$1,272.63
Mex$1,566.41
+23.1%
23.0%Mex$2,573.66Mex$890.88Mex$1,550.0032
Dec ’23Mex$1,246.00
Mex$1,545.48
+24.0%
25.3%Mex$2,490.24Mex$862.01Mex$1,181.0130
Nov ’23Mex$1,134.00
Mex$1,838.98
+62.2%
23.4%Mex$2,859.39Mex$887.40n/a29
Oct ’23n/a
Mex$2,032.18
0%
18.2%Mex$2,911.72Mex$1,305.25Mex$1,505.0027
Sep ’23Mex$1,290.00
Mex$2,255.71
+74.9%
24.3%Mex$3,895.90Mex$1,513.95Mex$1,368.0026
Aug ’23Mex$1,877.00
Mex$2,917.59
+55.4%
14.9%Mex$3,950.48Mex$1,924.07n/a26
Jul ’23Mex$1,940.00
Mex$2,979.55
+53.6%
14.1%Mex$3,895.53Mex$2,157.53n/a27
Jun ’23Mex$1,650.00
Mex$3,664.85
+122.1%
28.6%Mex$5,714.02Mex$2,068.87Mex$1,318.0126

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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