Okta Fundamentals

OKTA
 Stock
  

USD 61.94  3.14  4.82%   

Okta Inc fundamentals help investors to digest information that contributes to Okta's financial success or failures. It also enables traders to predict the movement of Okta Stock. The fundamental analysis module provides a way to measure Okta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Okta stock.
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Okta Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 396.4 Million. The current year Cost of Revenue is expected to grow to about 197.8 M, whereas Consolidated Income is forecasted to decline to (193 M).

Okta Return On Asset Analysis

Okta's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 2019 2021 2022 (projected)
Revenues USD586.07 M673.98 M727.19 M
Revenues586.07 M1.3 B1.4 B
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Okta Return On Asset

    
  (0.06) %  
Most of Okta's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Okta Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition

Okta Total Assets

Total Assets

9.93 Billion

Okta Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 9.21 Billion
Based on the latest financial disclosure, Okta Inc has a Return On Asset of -0.0556%. This is 98.08% lower than that of the IT Services sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 60.29% lower than that of the firm.

Okta Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Okta's current stock value. Our valuation model uses many indicators to compare Okta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okta competition to find correlations between indicators driving Okta's intrinsic value. More Info.
Okta Inc is regarded second in current valuation category among related companies. It is considered to be number one stock in cash per share category among related companies . The ratio of Current Valuation to Cash per Share for Okta Inc is about  660,502,145 . The current year Free Cash Flow is expected to grow to about 45 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Okta by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Okta's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Okta's earnings, one of the primary drivers of an investment's value.

Okta Price to Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Okta's direct or indirect competition against its Price to Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Okta could also be used in its relative valuation, which is a method of valuing Okta by comparing valuation metrics of similar companies.
Okta is currently under evaluation in price to earnings to growth category among related companies.

Okta Current Valuation Drivers

We derive many important indicators used in calculating different scores of Okta from analyzing Okta's financial statements. These drivers represent accounts that assess Okta's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Okta's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(97.24 K)(80.39 K)(92.93 K)(94.66 K)(168.67 K)(181.99 K)
Revenue Per Employee221.08 K255.77 K260.71 K296.91 K258.49 K239.28 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(110.68 M)(104.74 M)(191.6 M)(197.02 M)(755.18 M)(775.06 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(70.06 M)(104.85 M)(111.62 M)(168.02 M)(151.22 M)(163.15 M)
Earnings before Tax(74.63 M)(110.17 M)(125.51 M)(210.33 M)(189.3 M)(194.28 M)
Free Cash Flow(53.84 M)(37.22 M)(6.75 M)36.27 M41.71 M45.01 M
Invested Capital(38.93 M)65.33 M499.5 M1.9 B2.19 B2.36 B
Tangible Asset Value118.85 M381.22 M952.33 M1.87 B2.16 B2.33 B
Working Capital(41.71 M)129.56 M135.01 M1.05 B1.21 B1.31 B

Okta Fundamentals

About Okta Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Okta Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Okta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Okta Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Deferred Revenue427.2 M338.7 M
Cost of Revenue183.3 M197.8 M
Revenues1.3 B1.4 B
Revenue to Assets 0.14  0.14 
Revenue Per Employee258.5 K239.3 K

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Our tools can tell you how much better you can do entering a position in Okta without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Okta Piotroski F Score and Okta Altman Z Score analysis. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Okta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
10.4 B
Quarterly Revenue Growth YOY
0.37
Return On Assets
(0.06) 
Return On Equity
(0.16) 
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine Okta value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.