OKTAOkta, Inc.

$231.94+148% 1Y
Latest close: a new 52-week highOct 9, 2026what changed →

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but rich vs its sector.

1 good, 1 to watch, 1 without data
What the price assumes~+7% a yearderived · Jul 31, 2026

Priced for ~7% a year FCF growth. The price demands less than its three-year revenue growth of 14% a year, expectations look modest.

Vs sector (EV/EBIT)134.6×derived · Jan 31, 2026

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)bottom 4% of the market
FCF yieldmiddle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What OKTA's price assumes

Okta, Inc. trades at 140× earnings against 34.2× for the median Software - Infrastructure name, more expensive than its own group.

140

Trailing P/E · Software - Infrastructure median 34.2 · 4.08× the median: the market pays up for this one

Price / sales
7.16

Price / sales · today's price, fiscal year to Jan 31, 2026

Free cash flow yield
4.7%

Free cash flow yield · Software - Infrastructure median 5.3%

Growth the price implies
+6.5%

Growth the price implies · The price pays for +6.5% free cash flow growth a year for a decade; the business has delivered +55% a year over the last three.

Details›
Price / booktoday's price, fiscal year to Jan 31, 2026
2.99
EV / EBITtoday's price, fiscal year to Jan 31, 2026
135
EV / salestoday's price, fiscal year to Jan 31, 2026
6.87
Technology median P/E459 names
37.7
Software - Infrastructure median P/E107 names
34.2
Free cash flow, trailing twelve months
$979M
Market capitalisation
$20.9B
3-year revenue growth
+14%
3-year free cash flow growth
+55%

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.