Okta, Inc. (OKTA)

Services-Prepackaged Software

Latest Price

$221.86

TTM P/E

133.65

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

40.01

P/B Ratio

5.55

Valuation metrics

EPS: $1.31

Book value / share: $39.04

Formula: √(22.5 × EPS × BVPS)

Graham Number

$33.92

85% downside

Base FCF: $504M (median of recent 5yr)

Growth: 21%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$178.51

20% downside

EPS: $1.31

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$19.65

91% downside

98.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	18.70M	$2.55B	10.67%	-342.1K	2026-06-30
FMR LLC	16.27M	$2.22B	9.29%	+4.93M	2026-06-30
Vanguard Portfolio Management LLC	8.95M	$1.22B	5.11%	-282.1K	2026-06-30
Vanguard Capital Management LLC	7.59M	$1.04B	4.33%	+6.5K	2026-06-30
State Street Corp	6.27M	$856.0M	3.58%	+164.9K	2026-06-30
First Trust Advisors LP	4.50M	$613.0M	2.57%	+303.3K	2026-06-30
Citadel Advisors LLC	4.04M	$551.0M	2.31%	-258.8K	2026-06-30
Allspring Global Investments Holdings, LLC	3.63M	$510.0M	2.07%	+80.7K	2026-06-30
Morgan Stanley	3.44M	$469.0M	1.96%	+1.59M	2026-06-30
Geode Capital Management, LLC	3.27M	$445.0M	1.87%	-114.9K	2026-06-30