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Okta

NSQ:OKTA · US6792951054
IT ServicesLarge

360

81
EV / EBIT28
Price / Owner Earnings9
Owner Earnings Yield28
Dividend Yield1
Price/Sales17
EV / Gross Profit40
Price/Book59
Return on Capital19
Cash Return on Capital24
Return on Equity22
EBIT Margin28
Gross Profitability36
Cash Conversion91
Accruals91
Owner Earnings Margin64
Sales growth32
Profit Growth81
Long-Term EPS Growth90
Owner Earnings Growth93
Reinvestment26
Price momentum81
Debt load79
Refinancing43
Debt Payback100
Liquidity98
Analyst ratings46
Opinion Changes63
Price Target Upside12
Market mood79
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Okta clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryIT Services
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Founded2009
Employees6,315
Websiteokta.com
ISINUS6792951054
Last UpdateApr 2, 2026
Indices
NASDAQ (USA)S&P MIDCAP (USA)
Themes
Cloud InfrastructureProcess AutomationNetwork SecurityAuthorization and Access ControlSSO and Password ManagementDevSecOpsCloud ManagementAuthenticationCloud SecurityIdentity and Access ManagementCRMEnterpriseEnterprise SoftwareIdentity ManagementInformation TechnologySecuritySoftwareTelecommunications

Description

Okta, Inc. operates as an independent identity partner. The company’s Okta Platform and Auth0 Platform enable customers to securely connect the right people to the right technologies and services at the right time. The company recognizes that the a…

Analysis

Hope premium

Okta, Inc. carries what we call a hope premium: an average business trading at an ambitious price.

The price is expensive. You pay 61.1× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 21% yearly growth; analysts expect 26%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value.

What to watch: A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
96
2023202420252026

All-time high

98

Mar 2026

All-time low

41

Jan 2023

Average rank

79

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
17
43
41
17
Price/Earnings
27
49
47
17
Price/Book
59
74
73
60
Dividend Yield
1
1
1
1
Value (overall)
21
45
56
41

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →