Okta (MEX:OKTA) ROCE %: 4.48% (As of Apr. 2026)


MEX:OKTA Okta Inc MEX:OKTA
76 GF Score
Price MXN1,990.00
GF Value MXN1,713.51
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Okta ROCE %?

Okta MEX:OKTA 76 ROCE % is 4.48% as of Apr. 2026. GuruFocus rates MEX:OKTA with a GF Score™ of 76/100 and a GF Value™ of MXN1,713.51 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Okta's annualized ROCE % for the quarter that ended in Apr. 2026 was 4.48%.

Okta  (MEX:OKTA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Okta ROCE % Related Terms

Okta ROCE % Historical Data

* Premium members only.

The historical data trend for Okta's ROCE % 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 ROCE % Chart

Okta Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.68 -9.53 -4.17 0.79 3.37

Okta Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROCE % 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 3.85 3.81 2.91 3.87 4.48
MEX:OKTA
76GF Score
Okta Inc MEX:OKTA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okta ROCE % Calculation

Okta's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=4493.469/( ( (194675.873 - 52046.967) + (168461.703 - 44310.112) )/ 2 )
=4493.469/( (142628.906+124151.591)/ 2 )
=4493.469/133390.2485
=3.37 %

Okta's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=5535.088/( ( (168461.703 - 44310.112) + (163722.987 - 40497.223) )/ 2 )
=5535.088/( ( 124151.591 + 123225.764 )/ 2 )
=5535.088/123688.6775
=4.48 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 4.48% mean?
Okta (MEX:OKTA) has a ROCE % of 4.48% as of Apr. 2026.
Is Okta's ROCE % too high?
Okta's current ROCE % is 4.48%. The Software industry median ROCE % is 5.27. Okta's value of 4.48% is 15% below this industry median. Overall, Okta has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okta's ROCE % compare to FFIV and AKAM?
Okta's ROCE % of 4.48% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Okta's value of 4.48% is 15% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okta's current ROCE % of 4.48% is 15% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okta's current ROCE % is 4.48%. 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 (MEX:OKTA) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,713.51, compared to a current price of MXN1,990.00 — trading 16.1% above its estimated fair value. The current ROCE % is 4.48% and 15% below the Software industry median of 5.27. Okta's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Okta (MEX:OKTA), the current ROCE % is 4.48% as of Apr. 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 (MEX:OKTA) Overvalued in 2026?

Based on GuruFocus' analysis, Okta stock appears to be overvalued. The current stock price of MXN1,990.00 is trading 16.1% above its estimated GF Value™ of MXN1,713.51. GuruFocus considers Okta to be Modestly Overvalued.

Key valuation signals for MEX:OKTA:

  • ROCE %: 4.48%
  • GF Value™: MXN1,713.51 vs. price of MXN1,990.00 (16.1% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 15% below the Software median

No single metric tells the full story. See the MEX:OKTA 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.
76GF Score

Get the complete analysis for MEX:OKTA

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

MXN1,990.00
Price
MXN1,713.51
GF Value