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FLEX vs. OKTA: Flex vs. Okta Stock Comparison

How do Flex (FLEX) and Okta (OKTA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Flex (FLEX) and Okta (OKTA) share the Information Technology sector but sit in different industry groups — FLEX in Technology Hardware & Equipment and OKTA in Software & Services.

Company profile comparison for Flex (FLEX) and Okta (OKTA)
Profile ItemFLEXOKTA
NameFlex Ltd.Okta Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentSoftware & Services
GICS IndustryElectronic Equipment, Instruments & ComponentsIT Services
GICS Sub-IndustryElectronic Manufacturing ServicesInternet Services & Infrastructure
Market Capitalization46.60 billion USD25.62 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 18, 1994April 7, 2017
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FLEX
OKTA
GSPC
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Flex (FLEX) vs. Okta (OKTA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Flex (FLEX) and Okta (OKTA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Flex (FLEX) and Okta (OKTA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
Total Return (1Y)155.18%66.38%
Total Return (3Y, Annualized)84.47%26.83%
Total Return (5Y, Annualized)55.85%-8.97%

Risk Profile

Drawdown History

FLEX
OKTA
GSPC
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Flex (FLEX) vs. Okta (OKTA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Flex (FLEX) and Okta (OKTA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
Volatility (1Y, Annualized)67.30%57.20%
Beta (5Y)1.680.77
Max Drawdown (5Y)-39.99%-83.43%
Avg. Volume (3M)6.49M3.63M

Risk-Adjusted Performance

Risk-Return Positioning

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FLEX and OKTA are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
Sharpe Ratio (1Y)2.251.09
Sortino Ratio (1Y)4.131.90

Profitability

ROE (TTM)

Both Flex (FLEX) at 18.38% and Okta (OKTA) at 3.67% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

FLEX

Technology Hardware & Equipment industry group

18.38%

Max
44.01%
Q3
18.43%
FLEX
18.38%
Median
10.41%
Q1
0.66%
Min
-24.95%

OKTA

Software & Services industry group

3.67%

Max
62.27%
Q3
16.91%
Median
5.27%
OKTA
3.67%
Q1
-13.73%
Min
-54.87%
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Flex (FLEX) vs. Okta (OKTA): A comparison of their ROE against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Net Margin (TTM)

Both Flex (FLEX) at 3.33% and Okta (OKTA) at 8.24% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

FLEX

Technology Hardware & Equipment industry group

3.33%

Max
26.11%
Q3
10.66%
Median
3.40%
FLEX
3.33%
Q1
-0.39%
Min
-11.93%

OKTA

Software & Services industry group

8.24%

Max
41.99%
Q3
15.18%
OKTA
8.24%
Median
3.79%
Q1
-5.84%
Min
-30.39%
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Flex (FLEX) vs. Okta (OKTA): A comparison of their net margin against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Operating Margin (TTM)

Both Flex (FLEX) at 4.97% and Okta (OKTA) at 7.32% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

FLEX

Technology Hardware & Equipment industry group

4.97%

Max
36.90%
Q3
17.13%
Median
7.40%
FLEX
4.97%
Q1
2.09%
Min
-18.45%

OKTA

Software & Services industry group

7.32%

Max
47.12%
Q3
15.23%
OKTA
7.32%
Median
4.59%
Q1
-6.33%
Min
-32.77%
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Flex (FLEX) vs. Okta (OKTA): A comparison of their operating margin against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Profitability Metrics

Profitability metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
ROE (TTM)18.38%3.67%
ROA (TTM)4.42%1.14%
Net Margin (TTM)3.33%8.24%
Operating Margin (TTM)4.97%7.32%
Gross Margin (TTM)9.53%77.44%

Growth

Revenue Growth

Both Flex (FLEX) at 8.14% and Okta (OKTA) at 11.84% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Flex (FLEX) vs. Okta (OKTA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Okta (OKTA) at 2,083.33% clears its industry range for EPS growth, a much stronger earnings trajectory than Flex (FLEX) at 10.43%, which is closer to a typical peer reading.

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Flex (FLEX) vs. Okta (OKTA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
Revenue Growth (YoY)8.14%11.84%
Revenue Growth (3Y CAGR)-0.69%16.25%
EPS Growth (YoY)10.43%2,083.33%
EPS Growth (3Y CAGR)10.65%--

Financial Strength

Current Ratio (MRQ)

Both Flex (FLEX) at 1.38 and Okta (OKTA) at 1.43 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

FLEX

Technology Hardware & Equipment industry group

1.38

Max
4.95
Q3
3.05
Median
1.99
FLEX
1.38
Q1
1.32
Min
0.17

OKTA

Software & Services industry group

1.43

Max
5.39
Q3
2.79
Median
1.63
OKTA
1.43
Q1
1.03
Min
0.03
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Flex (FLEX) vs. Okta (OKTA): A comparison of their current ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Debt / Equity (MRQ)

Okta (OKTA) at 0.06 keeps leverage in the lower quartile, while Flex (FLEX) at 1.08 sits in the higher-leverage quartile.

FLEX

Technology Hardware & Equipment industry group

1.08

Max
1.80
FLEX
1.08
Q3
0.82
Median
0.27
Q1
0.04
Min
0.00

OKTA

Software & Services industry group

0.06

Max
2.42
Q3
1.07
Median
0.33
Q1
0.06
OKTA
0.06
Min
0.00
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Flex (FLEX) vs. Okta (OKTA): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
Current Ratio (MRQ)1.381.43
Debt / Equity (MRQ)1.080.06
Net Debt / EBITDA1.46-8.16

Dividends

Dividend Yield (TTM)

Neither Flex (FLEX) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

FLEX

Technology Hardware & Equipment industry group

0.00%

Max
0.74%
Q3
0.32%
FLEX
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

OKTA

Software & Services industry group

0.00%

OKTA
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Flex (FLEX) vs. Okta (OKTA): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Dividend Payout Ratio (TTM)

Neither Flex (FLEX) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

FLEX

Technology Hardware & Equipment industry group

0.00%

Max
34.91%
Q3
14.28%
FLEX
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

OKTA

Software & Services industry group

0.00%

OKTA
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Flex (FLEX) vs. Okta (OKTA): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Dividend Metrics

Dividend metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Flex (FLEX) at 48.71 is near its industry’s usual P/E ratio, while Okta (OKTA) at 106.06 sits in the richer quartile — OKTA needs stronger growth or earnings quality to justify the premium.

FLEX

Technology Hardware & Equipment industry group

48.71

Max
106.10
Q3
62.78
FLEX
48.71
Median
36.76
Q1
22.85
Min
11.58

OKTA

Software & Services industry group

106.06

Max
107.17
OKTA
106.06
Q3
61.33
Median
34.31
Q1
16.59
Min
0.39
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Flex (FLEX) vs. Okta (OKTA): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

P/S Ratio (TTM)

On P/S ratio, both Flex (FLEX) at 1.59 and Okta (OKTA) at 8.63 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

FLEX

Technology Hardware & Equipment industry group

1.59

Max
17.14
Q3
7.76
Median
3.42
FLEX
1.59
Q1
1.39
Min
0.00

OKTA

Software & Services industry group

8.63

Max
21.27
Q3
10.17
OKTA
8.63
Median
4.61
Q1
2.41
Min
0.02
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Flex (FLEX) vs. Okta (OKTA): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

P/B Ratio (MRQ)

On P/B ratio, both Flex (FLEX) at 8.47 and Okta (OKTA) at 3.75 are valued close to their industries’ norm against book — neither stands out from peers.

FLEX

Technology Hardware & Equipment industry group

8.47

Max
17.63
Q3
8.56
FLEX
8.47
Median
4.23
Q1
2.14
Min
-1.92

OKTA

Software & Services industry group

3.75

Max
21.34
Q3
9.85
Median
4.58
OKTA
3.75
Q1
2.15
Min
-8.85
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Flex (FLEX) vs. Okta (OKTA): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Valuation Metrics

Valuation metrics for Flex (FLEX) and Okta (OKTA)
MetricFLEXOKTA
P/E Ratio (TTM)48.71106.06
P/S Ratio (TTM)1.598.63
P/B Ratio (MRQ)8.473.75
Free Cash Flow Yield (TTM)1.34%3.82%