OKTA:NSD-Okta, Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 244.26

Change

+5.78 (+2.42)%

Market Cap

USD 31.29B

Volume

2.58M

Average Target Price

USD 277.13 (+13.46%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Okta, Inc. provides identity management platform for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition, the company offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

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ETFs Containing OKTA

Symbol Name Weight Mer Price(Change) Market Cap
PXQ Invesco Dynamic Networkin.. 0.00 % 0.63 %

+0.26 (+0.30%)

USD0.05B
CYBR:CA Evolve Cyber Security Ind.. 0.00 % 0.40 %

-0.04 (-0.09%)

USD0.07B
BKCH AdvisorShares Sabretooth .. 0.00 % 0.85 %

N/A

USD1.26M
BKCH AdvisorShares Sabretooth .. 0.00 % 0.85 %

N/A

USD1.26M

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.93% 44% F 22% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -3.93% 44% F 22% F
Trailing 12 Months  
Capital Gain 86.51% 61% D- 64% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 86.51% 61% D- 63% D
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 75.81% 91% A- 92% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 75.81% 91% A- 92% A-
Risk Return Profile  
Volatility (Standard Deviation) 53.17% 26% F 30% F
Risk Adjusted Return 142.56% 92% A- 98% A+
Market Capitalization 31.29B 93% A 97% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 43.43 16% F 3% F
Price / Cash Flow Ratio 244.54 6% F 3% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -48.45% 23% F 24% F
Return on Invested Capital -10.74% 33% F 33% F
Return on Assets -4.86% 32% F 34% F
Debt to Equity Ratio 123.54% 24% F 16% F
Technical Ratios  
Short Ratio 2.47 52% F 45% F
Short Percent 4.64% 57% F 41% F
Beta 0.90 64% D 67% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector