OktaFRA:0OK +3.43%73 EV-to-FCF is 25.67 as of Jul. 06, 2026, which is 9% below its 10-year median of 28.31. GuruFocus rates FRA:0OK with a GF Score™ of 73/100 and a GF Value™ of €90.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,591 Software companies, Okta ranks worse than 69.96% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Okta's Enterprise Value is €19,671 Mil.
Okta's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was €766 Mil. Therefore, Okta's EV-to-FCF for today is 25.67.
The historical rank and industry rank for Okta's EV-to-FCF or its related term are showing as below:
FRA:0OK'
s EV-to-FCF Range Over the Past 10 Years
Min: -2589.25 Med: 28.31 Max: 2649.02
Current: 25
During the past 12 years, the highest EV-to-FCF of Okta was 2649.02. The lowest was -2589.25. And the median was 28.31.
FRA:0OK's EV-to-FCF is ranked worse than 69.96% of 1591
companies
in the Software industry
Industry Median: 14.6
vs FRA:0OK: 25.00
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-06), Okta's stock price is €124.32.
Okta's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €1.180. Therefore, Okta's PE Ratio (TTM) for today is 105.36.
Okta (FRA:0OK) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Okta's share price for today is €124.32.
Okta's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.180.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Okta EV-to-FCF Related Terms
Okta EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Okta's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, Okta's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Okta EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Okta's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Okta's EV-to-FCF falls into.
Okta's current Enterprise Value is €19,671 Mil.
Okta's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €766 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Okta (FRA:0OK) has a EV-to-FCF of 25.67 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Okta and its competitors. This is near median its historical median of 28.31. According to the industry distribution chart, Okta ranks #1113 out of 1591 companies in the Software industry, placing it in the top 70%.
Is Okta's EV-to-FCF too high?
Okta's current EV-to-FCF of 25.67 is near median its 10-year median of 28.31. The Software industry median EV-to-FCF is 14.60. Okta's value of 25.67 is 75.8% above this industry median. Based on the distribution chart, Okta ranks #1113 out of 1591 companies in the Software industry, which is below the industry midpoint. Overall, Okta has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okta's EV-to-FCF compare to CPAY and ZS?
According to the Software industry distribution chart, Okta ranks #1113 out of 1591 companies for EV-to-FCF. This places Okta in the lower half of its industry. The industry median EV-to-FCF is 14.60. Okta's value of 25.67 is 75.8% above this benchmark. While the company's 10-year median is 28.31 vs. the industry median of 14.60, Okta has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.60, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okta's current EV-to-FCF of 25.67 is 75.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Okta and its competitors. For the Software industry, the median EV-to-FCF is 14.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okta's current EV-to-FCF is 25.67, which is near median its own 10-year median of 28.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okta stock overvalued right now?
Based on GuruFocus' analysis, Okta (FRA:0OK) is currently considered Significantly Overvalued. The stock's GF Value™ is €90.49, compared to a current price of €124.32 — trading 37.4% above its estimated fair value. The current EV-to-FCF is 25.67, which is near median its 10-year median of 28.31 and 75.8% above the Software industry median of 14.60. Okta's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Okta (FRA:0OK), the current EV-to-FCF is 25.67 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Okta (FRA:0OK) Overvalued in 2026?
Based on GuruFocus' analysis, Okta stock appears to be overvalued.
The current stock price of €124.32 is trading 37.4% above its estimated GF Value™ of €90.49.
GuruFocus considers Okta to be Significantly Overvalued.
Key valuation signals for FRA:0OK:
EV-to-FCF: 25.67 (near median its 10-year median of 28.31)
GF Value™: €90.49 vs. price of €124.32 (37.4% above fair value)
Industry Position: 75.8% above the Software median (#1113 of 1591)
No single metric tells the full story. See the FRA:0OK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees, contractors, and partners to securely access its cloud-based and on-premises resources. The firm's customer offering, delivered via its Auth0 platform, allow clients to provide secure access experiences to their own end users.
73GF Score
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