Okta Valuation
Is OKTA * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation 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$1552.24)
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.
| What is OKTA *'s n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | US$15.10b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.9x |
| Enterprise Value/EBITDA | -51.3x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does OKTA *'s PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 8.5x | ||
MDB MongoDB | 9.4x | 16.8% | US$16.7b |
NET Cloudflare | 19.1x | 21.0% | US$25.7b |
TWLO Twilio | 2.2x | 6.7% | US$9.3b |
AKAM Akamai Technologies | 3.5x | 7.0% | US$13.6b |
OKTA * Okta | 6.4x | 11.1% | Mex$15.1b |
Price-To-Sales vs Peers: OKTA * is good value based on its Price-To-Sales Ratio (6.4x) compared to the peer average (8.5x).
Price to Earnings Ratio vs Industry
How does OKTA *'s PE Ratio compare vs other companies in the Global IT Industry?
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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 6.4x |
| Fair PS Ratio | n/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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | Mex$1,530.00 | Mex$2,104.98 +37.6% | 11.5% | Mex$2,589.33 | Mex$1,500.70 | n/a | 36 |
| Jun ’25 | Mex$1,500.00 | Mex$1,945.04 +29.7% | 11.1% | Mex$2,375.20 | Mex$1,376.60 | n/a | 36 |
| May ’25 | Mex$1,596.25 | Mex$1,898.02 +18.9% | 11.8% | Mex$2,342.77 | Mex$1,357.80 | n/a | 38 |
| Apr ’25 | n/a | Mex$1,898.02 0% | 11.8% | Mex$2,342.77 | Mex$1,357.80 | n/a | 38 |
| Mar ’25 | Mex$1,836.00 | Mex$1,863.60 +1.5% | 14.6% | Mex$2,382.60 | Mex$1,276.40 | n/a | 38 |
| Feb ’25 | Mex$1,464.02 | Mex$1,501.63 +2.6% | 13.4% | Mex$2,065.04 | Mex$1,101.36 | n/a | 39 |
| Jan ’25 | Mex$1,550.00 | Mex$1,431.24 -7.7% | 14.6% | Mex$2,037.61 | Mex$1,086.73 | n/a | 38 |
| Dec ’24 | Mex$1,181.01 | Mex$1,459.27 +23.6% | 14.8% | Mex$2,083.63 | Mex$1,111.27 | n/a | 38 |
| Nov ’24 | n/a | Mex$1,651.02 0% | 12.3% | Mex$2,166.42 | Mex$1,155.42 | n/a | 39 |
| Oct ’24 | Mex$1,505.00 | Mex$1,621.04 +7.7% | 11.8% | Mex$2,070.70 | Mex$1,104.37 | n/a | 41 |
| Sep ’24 | Mex$1,368.00 | Mex$1,591.18 +16.3% | 11.7% | Mex$2,046.16 | Mex$1,091.28 | n/a | 41 |
| Aug ’24 | n/a | Mex$1,541.30 0% | 13.1% | Mex$2,009.33 | Mex$1,071.64 | n/a | 41 |
| Jul ’24 | n/a | Mex$1,587.82 0% | 13.2% | Mex$2,072.71 | Mex$1,105.45 | n/a | 41 |
| Jun ’24 | Mex$1,318.01 | Mex$1,610.63 +22.2% | 13.6% | Mex$2,106.41 | Mex$1,123.42 | Mex$1,500.00 | 41 |
| May ’24 | Mex$1,283.00 | Mex$1,662.87 +29.6% | 13.4% | Mex$2,164.85 | Mex$1,154.59 | Mex$1,596.25 | 40 |
| Apr ’24 | n/a | Mex$1,665.95 0% | 13.4% | Mex$2,171.11 | Mex$1,157.93 | n/a | 38 |
| Mar ’24 | Mex$1,317.00 | Mex$1,476.56 +12.1% | 18.4% | Mex$2,262.86 | Mex$814.63 | Mex$1,836.00 | 37 |
| Feb ’24 | n/a | Mex$1,507.12 0% | 19.0% | Mex$2,344.91 | Mex$844.17 | Mex$1,464.02 | 35 |
| Jan ’24 | Mex$1,272.63 | Mex$1,566.41 +23.1% | 23.0% | Mex$2,573.66 | Mex$890.88 | Mex$1,550.00 | 32 |
| Dec ’23 | Mex$1,246.00 | Mex$1,545.48 +24.0% | 25.3% | Mex$2,490.24 | Mex$862.01 | Mex$1,181.01 | 30 |
| Nov ’23 | Mex$1,134.00 | Mex$1,838.98 +62.2% | 23.4% | Mex$2,859.39 | Mex$887.40 | n/a | 29 |
| Oct ’23 | n/a | Mex$2,032.18 0% | 18.2% | Mex$2,911.72 | Mex$1,305.25 | Mex$1,505.00 | 27 |
| Sep ’23 | Mex$1,290.00 | Mex$2,255.71 +74.9% | 24.3% | Mex$3,895.90 | Mex$1,513.95 | Mex$1,368.00 | 26 |
| Aug ’23 | Mex$1,877.00 | Mex$2,917.59 +55.4% | 14.9% | Mex$3,950.48 | Mex$1,924.07 | n/a | 26 |
| Jul ’23 | Mex$1,940.00 | Mex$2,979.55 +53.6% | 14.1% | Mex$3,895.53 | Mex$2,157.53 | n/a | 27 |
| Jun ’23 | Mex$1,650.00 | Mex$3,664.85 +122.1% | 28.6% | Mex$5,714.02 | Mex$2,068.87 | Mex$1,318.01 | 26 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.