(OKTA) Okta - Ratings and Ratios

Okta, Inc. is a leading identity and access management platform provider, serving organizations globally. The company offers a comprehensive suite of solutions designed to secure and manage digital identities. Its product portfolio includes Single Sign-On (SSO), enabling seamless application access across devices; Adaptive Multi-Factor Authentication (MFA) for enhanced security; API Access Management to secure APIs; and Access Gateway for extending identity management to on-premises applications. Additionally, Okta provides Universal Directory for centralized identity management, Lifecycle Management for identity lifecycle automation, and Okta Identity Governance for compliance and access control. The platform also includes Advanced Server Access for cloud infrastructure security, Okta Privileged Access for managing high-risk access, and Workforce Identity Workflows for automating identity-related processes. Okta delivers Universal Login for consistent user experiences and Attack Protection to mitigate malicious threats. The company sells its solutions directly and through channel partners. Formerly known as Saasure, Inc., Okta was founded in 2009 and is headquartered in San Francisco, California.

Oktas platform supports a wide range of use cases, including workforce identity management, customer identity management, and device security. Its solutions are designed to integrate with cloud and on-premises infrastructures, offering flexibility for organizations transitioning to hybrid or multi-cloud environments. The company has established itself as a key player in the identity and access management (IAM) market, addressing the growing need for secure and scalable identity solutions in a digital-first world.

Oktas financial and operational performance is closely monitored by investors and analysts. With a market capitalization of approximately $17 billion, the company operates in a highly competitive space but has demonstrated strong revenue growth and customer adoption. Its forward P/E ratio of 29.41 reflects market expectations for future growth, though its current P/E of 1632.17 indicates a premium valuation. The companys price-to-book (P/B) ratio of 2.65 suggests that investors value its intangible assets and growth potential. Oktas return on equity (RoE) of 0.44% highlights the need for improved profitability as it scales operations.