0.27%
0.81%
16.60%
-8.40%
3.78%
-51.01%
-29.92%

Company Description

Okta, Inc.provides identity solutions 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 and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure.


It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options.It offers customer support, training, and professional services.It sells its products directly to customers through sales force and channel partners.


The company was formerly known as Saasure, Inc.Okta, Inc.was incorporated in 2009 and is headquartered in San Francisco, California.

Market Data

Last Price 89.58
Change Percentage 0.27%
Open 89.59
Previous Close 89.34
Market Cap ( Millions) 14656
Volume 1198600
Year High 114.5
Year Low 70.56
M A 50 88.65
M A 200 85.89

Financial Ratios

FCF Yield 4.20%
Dividend Yield 0.00%
ROE -0.64%
Debt / Equity 15.32%
Net Debt / EBIDTA -16250.00%
Price To Book 2.43
Price Earnings Ratio -390.98
Price To FCF 23.79
Price To sales 5.79
EV / EBITDA -3826.43

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Subscription

Expected Growth : 15 %

What the company do ?

Okta's Subscription is a cloud-based identity and access management service that enables single sign-on, multi-factor authentication, and provisioning for users.

Why we expect these perspectives ?

Okta's subscription growth is driven by increasing demand for cloud-based identity and access management solutions, fueled by digital transformation, remote work, and cybersecurity concerns. The company's innovative products, strategic partnerships, and expanding global presence also contribute to its rapid growth.

Segment nΒ°2 -> Professional Services and Other

Expected Growth : 10 %

What the company do ?

Professional Services and Other from Okta, Inc. refers to the revenue generated from consulting, implementation, and training services, as well as other miscellaneous revenue streams.

Why we expect these perspectives ?

Okta's Professional Services and Other segment growth is driven by increasing adoption of its identity cloud platform, expansion into new markets, and strategic partnerships. The 10% growth rate is also fueled by the rising demand for digital transformation, cloud migration, and cybersecurity solutions, as well as Okta's investments in customer success and support services.

Okta, Inc. Products

Product Range What is it ?
Okta Identity Cloud A suite of cloud-based identity and access management solutions that enable organizations to securely connect people and technology.
Okta Workforce Identity A comprehensive identity and access management solution for employees, providing secure access to applications, resources, and data.
Okta Customer Identity A customer identity and access management solution that enables organizations to manage customer identities and access to applications and resources.
Okta B2B Integration A solution that enables organizations to securely integrate with business partners and suppliers, while managing access and identities.
Okta Advanced Server Access A solution that provides secure, fine-grained access control to servers, applications, and data, while protecting against unauthorized access.
Okta ThreatInsight A threat detection and response solution that identifies and responds to identity-based threats in real-time.

Okta, Inc.'s Porter Forces

Okta's products and services are highly specialized and integrated, making it difficult for customers to find substitutes.

Okta's customers have some bargaining power due to the availability of alternative identity and access management solutions, but Okta's strong brand and customer loyalty mitigate this power.

Okta has a diverse supplier base, and its suppliers have limited bargaining power due to the company's strong market position and negotiating power.

The identity and access management market is highly competitive, and new entrants can easily disrupt the market with innovative solutions, posing a significant threat to Okta's market share.

The identity and access management market is highly competitive, with many established players and new entrants vying for market share, leading to intense rivalry among competitors.

Capital Structure

Value
Debt Weight 16.75%
Debt Cost 3.95%
Equity Weight 83.25%
Equity Cost 8.82%
WACC 8.01%
Leverage 20.13%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
DBX Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well …
SQSP Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet. Its suite of integrated products enables users …
NTNX Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers Acropolis converges virtualization, enterprise storage services, …
AKAM Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud solutions to …
WEX WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
89.58$
Current Price
89.58$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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