Okta Net Worth
Okta Net Worth Breakdown | OKTA |
Okta Net Worth Analysis
Okta's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Okta's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Okta's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Okta's net worth analysis. One common approach is to calculate Okta's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Okta's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Okta's net worth. This approach calculates the present value of Okta's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Okta's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Okta's net worth. This involves comparing Okta's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Okta's net worth relative to its peers.
Enterprise Value |
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To determine if Okta is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Okta's net worth research are outlined below:
| Okta Inc generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 2.26 B. Net Loss for the year was (355 M) with profit before overhead, payroll, taxes, and interest of 1.31 B. | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Is Check Point Software Technologies Ltd. An Undervalued Cybersecurity Stock to Buy |
Okta Quarterly Good Will |
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Okta uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Okta Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Okta's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Know Okta's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Okta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Okta Inc backward and forwards among themselves. Okta's institutional investor refers to the entity that pools money to purchase Okta's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 2.6 M | Marshall Wace Asset Management Ltd | 2024-06-30 | 2.3 M | Whale Rock Capital Management Llc | 2024-09-30 | 2.2 M | Norges Bank | 2024-06-30 | 1.9 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 1.6 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.4 M | Primecap Management Company | 2024-09-30 | 1.3 M | D. E. Shaw & Co Lp | 2024-09-30 | 1.3 M | Jericho Capital Asset Management Lp | 2024-09-30 | 1.2 M | Fmr Inc | 2024-09-30 | 18.2 M | Vanguard Group Inc | 2024-09-30 | 17.2 M |
Follow Okta's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 13.01 B.Market Cap |
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Project Okta's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.10) | (0.11) | |
| Return On Capital Employed | (0.06) | (0.06) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.06) | (0.06) |
When accessing Okta's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Okta's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Okta's profitability and make more informed investment decisions.
Please note, the presentation of Okta's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Okta's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Okta's management manipulating its earnings.
Evaluate Okta's management efficiency
Okta Inc has return on total asset (ROA) of (0.016) % which means that it has lost $0.016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0231) %, meaning that it created substantial loss on money invested by shareholders. Okta's management efficiency ratios could be used to measure how well Okta manages its routine affairs as well as how well it operates its assets and liabilities. As of November 24, 2024, Return On Tangible Assets is expected to decline to -0.11. The current year's Return On Capital Employed is expected to grow to -0.06. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.3 B, whereas Net Tangible Assets are projected to grow to (191.2 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 35.98 | 37.78 | |
| Tangible Book Value Per Share | 1.83 | 1.18 | |
| Enterprise Value Over EBITDA | (62.85) | (66.00) | |
| Price Book Value Ratio | 2.30 | 2.18 | |
| Enterprise Value Multiple | (62.85) | (66.00) | |
| Price Fair Value | 2.30 | 2.18 | |
| Enterprise Value | 27.9 B | 29.3 B |
Understanding the operational decisions made by Okta management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 4.8403 | Revenue 2.5 B | Quarterly Revenue Growth 0.162 | Revenue Per Share 14.715 | Return On Equity (0.02) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Okta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Okta's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Okta insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Okta Corporate Filings
F4 | 6th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 29th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 28th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 10th of July 2024 An amended filing to the original Schedule 13G | ViewVerify |
Okta Earnings per Share Projection vs Actual
Okta Corporate Management
| Monty Gray | Executive Development | Profile | |
| Susan Ledger | Pres Operations | Profile | |
| Alvina Antar | Senior Officer | Profile | |
| Dave Gennarelli | Vice Relations | Profile | |
| Kerry Ok | Chief Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Internet Services & Infrastructure space 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.
Earnings Share (0.81) | Revenue Per Share 14.715 | Quarterly Revenue Growth 0.162 | Return On Assets (0.02) | Return On Equity (0.02) |
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 if Okta is a good investment 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.