Okta (LTS:0KB7) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 60% Above Median


LTS:0KB7 Okta Inc LTS:0KB7
80 GF Score
Price $123.66
GF Value $102.18
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Okta Piotroski F-Score?

Okta LTS:0KB7 +3.20% 80 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates LTS:0KB7 with a GF Score™ of 80/100 and a GF Value™ of $102.18 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,743 Software companies, Okta ranks better than 98.65% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Okta has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Okta's Piotroski F-Score or its related term are showing as below:

LTS:0KB7' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 8

During the past 12 years, the highest Piotroski F-Score of Okta was 9. The lowest was 3. And the median was 5.

Okta  (LTS:0KB7) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Okta Piotroski F-Score Related Terms


Okta Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Okta's Piotroski F-Score 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.

Okta Piotroski F-Score Chart

Okta Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 6.00 7.00 9.00

Okta Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 7.00 8.00 9.00 8.00

LTS:0KB7 vs FFIV, AKAM, IOT: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Okta's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Okta's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Okta's Piotroski F-Score falls into.


LTS:0KB7
80GF Score
Okta Inc LTS:0KB7
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 67 + 43 + 63 + 74 = $247 Mil.
Cash Flow from Operations was 167 + 218 + 258 + 277 = $920 Mil.
Revenue was 728 + 742 + 761 + 765 = $2,996 Mil.
Gross Profit was 560 + 572 + 593 + 595 = $2,320 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(9365 + 9550 + 9229 + 9710 + 9347) / 5 = $9440.2 Mil.
Total Assets at the begining of this year (Apr25) was $9,365 Mil.
Long-Term Debt & Capital Lease Obligation was $61 Mil.
Total Current Assets was $3,306 Mil.
Total Current Liabilities was $2,312 Mil.
Net Income was 29 + 16 + 23 + 62 = $130 Mil.

Revenue was 646 + 665 + 682 + 688 = $2,681 Mil.
Gross Profit was 491 + 508 + 524 + 533 = $2,056 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(8955 + 9067 + 9010 + 9437 + 9365) / 5 = $9166.8 Mil.
Total Assets at the begining of last year (Apr24) was $8,955 Mil.
Long-Term Debt & Capital Lease Obligation was $438 Mil.
Total Current Assets was $3,365 Mil.
Total Current Liabilities was $2,296 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Okta's current Net Income (TTM) was 247. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Okta's current Cash Flow from Operations (TTM) was 920. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr25)
=247/9365
=0.0263748

ROA (Last Year)=Net Income/Total Assets (Apr24)
=130/8955
=0.01451703

Okta's return on assets of this year was 0.0263748. Okta's return on assets of last year was 0.01451703. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Okta's current Net Income (TTM) was 247. Okta's current Cash Flow from Operations (TTM) was 920. ==> 920 > 247 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=61/9440.2
=0.00646173

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=438/9166.8
=0.04778112

Okta's gearing of this year was 0.00646173. Okta's gearing of last year was 0.04778112. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=3306/2312
=1.4299308

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=3365/2296
=1.46559233

Okta's current ratio of this year was 1.4299308. Okta's current ratio of last year was 1.46559233. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Okta's number of shares in issue this year was 177.699. Okta's number of shares in issue last year was 181.754. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2320/2996
=0.77436582

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2056/2681
=0.76687803

Okta's gross margin of this year was 0.77436582. Okta's gross margin of last year was 0.76687803. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr25)
=2996/9365
=0.31991458

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=2681/8955
=0.29938582

Okta's asset turnover of this year was 0.31991458. Okta's asset turnover of last year was 0.29938582. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Okta has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Okta (LTS:0KB7) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Okta and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Okta's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Okta ranks #37 out of 2743 companies in the Software industry, placing it in the top 1.3%.
Is Okta's Piotroski F-Score too high?
Okta's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Software industry median Piotroski F-Score is 5.00. Okta's value of 8 is 60% above this industry median. Based on the distribution chart, Okta ranks #37 out of 2743 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Okta has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okta's Piotroski F-Score compare to FFIV and AKAM?
According to the Software industry distribution chart, Okta ranks #37 out of 2743 companies for Piotroski F-Score. This places Okta in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Okta's value of 8 is 60% above this benchmark. Historically, Okta's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, 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 Piotroski F-Score for a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okta's current Piotroski F-Score of 8 is 60% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Okta and its competitors. For the Software industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okta's current Piotroski F-Score is 8, which is 60% above median its own 10-year median of 5.00. 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 (LTS:0KB7) is currently considered Modestly Overvalued. The stock's GF Value™ is $102.18, compared to a current price of $123.66 — trading 21% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Software industry median of 5.00. Okta's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Okta (LTS:0KB7), the current Piotroski F-Score is 8 as of Jun. 27, 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 (LTS:0KB7) Overvalued in 2026?

Based on GuruFocus' analysis, Okta stock appears to be overvalued. The current stock price of $123.66 is trading 21% above its estimated GF Value™ of $102.18. GuruFocus considers Okta to be Modestly Overvalued.

Key valuation signals for LTS:0KB7:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: $102.18 vs. price of $123.66 (21% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 60% above the Software median (#37 of 2743)

No single metric tells the full story. See the LTS:0KB7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okta Business Description

Address 100 First Street, Suite 600, San Francisco, CA, USA, 94105
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.
80GF Score

Get the complete analysis for LTS:0KB7

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$123.66
Price
$102.18
GF Value