Seek Returns logo

OKTA vs. PATH: A Head-to-Head Stock Comparison

Updated on

Here’s a clear look at OKTA and PATH, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolOKTAPATH
Company NameOkta, Inc.UiPath Inc.
CountryUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS IndustryIT ServicesSoftware
Market Capitalization15.93 billion USD5.88 billion USD
ExchangeNasdaqGSNYSE
Listing DateApril 7, 2017April 21, 2021
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of OKTA and PATH by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

OKTA vs. PATH: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolOKTAPATH
5-Day Price Return-2.78%0.55%
13-Week Price Return-26.73%-16.04%
26-Week Price Return-6.66%-23.09%
52-Week Price Return-1.13%-1.26%
Month-to-Date Return-6.97%-6.47%
Year-to-Date Return15.46%-13.53%
10-Day Avg. Volume2.92M10.90M
3-Month Avg. Volume3.92M12.49M
3-Month Volatility43.77%34.24%
Beta0.831.03

Profitability

Return on Equity (TTM)

OKTA

2.05%

IT Services Industry

Max
29.51%
Q3
16.98%
Median
13.47%
Q1
7.93%
Min
-3.97%

OKTA’s Return on Equity of 2.05% is in the lower quartile for the IT Services industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

PATH

-3.80%

Software Industry

Max
59.01%
Q3
21.98%
Median
7.15%
Q1
-11.12%
Min
-51.24%

PATH has a negative Return on Equity of -3.80%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

OKTA vs. PATH: A comparison of their Return on Equity (TTM) against their respective IT Services and Software industry benchmarks.

Net Profit Margin (TTM)

OKTA

4.85%

IT Services Industry

Max
19.82%
Q3
11.49%
Median
6.67%
Q1
3.61%
Min
-4.62%

OKTA’s Net Profit Margin of 4.85% is aligned with the median group of its peers in the IT Services industry. This indicates its ability to convert revenue into profit is typical for the sector.

PATH

-4.65%

Software Industry

Max
48.14%
Q3
18.23%
Median
5.60%
Q1
-9.22%
Min
-49.36%

PATH has a negative Net Profit Margin of -4.65%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

OKTA vs. PATH: A comparison of their Net Profit Margin (TTM) against their respective IT Services and Software industry benchmarks.

Operating Profit Margin (TTM)

OKTA

1.16%

IT Services Industry

Max
21.69%
Q3
14.50%
Median
10.06%
Q1
6.98%
Min
0.06%

OKTA’s Operating Profit Margin of 1.16% is in the lower quartile for the IT Services industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

PATH

-8.92%

Software Industry

Max
57.34%
Q3
20.60%
Median
7.84%
Q1
-8.72%
Min
-51.37%

PATH has a negative Operating Profit Margin of -8.92%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

OKTA vs. PATH: A comparison of their Operating Profit Margin (TTM) against their respective IT Services and Software industry benchmarks.

Profitability at a Glance

SymbolOKTAPATH
Return on Equity (TTM)2.05%-3.80%
Return on Assets (TTM)1.41%-2.48%
Net Profit Margin (TTM)4.85%-4.65%
Operating Profit Margin (TTM)1.16%-8.92%
Gross Profit Margin (TTM)76.69%82.62%

Financial Strength

Current Ratio (MRQ)

OKTA

1.47

IT Services Industry

Max
2.42
Q3
1.81
Median
1.47
Q1
1.09
Min
0.44

OKTA’s Current Ratio of 1.47 aligns with the median group of the IT Services industry, indicating that its short-term liquidity is in line with its sector peers.

PATH

2.95

Software Industry

Max
3.83
Q3
2.31
Median
1.45
Q1
1.03
Min
0.24

PATH’s Current Ratio of 2.95 is in the upper quartile for the Software industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

OKTA vs. PATH: A comparison of their Current Ratio (MRQ) against their respective IT Services and Software industry benchmarks.

Debt-to-Equity Ratio (MRQ)

OKTA

0.13

IT Services Industry

Max
2.33
Q3
1.17
Median
0.54
Q1
0.15
Min
0.00

Falling into the lower quartile for the IT Services industry, OKTA’s Debt-to-Equity Ratio of 0.13 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

PATH

0.00

Software Industry

Max
2.14
Q3
0.90
Median
0.29
Q1
0.00
Min
0.00

PATH’s Debt-to-Equity Ratio of 0.00 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

OKTA vs. PATH: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective IT Services and Software industry benchmarks.

Interest Coverage Ratio (TTM)

OKTA

-9.31

IT Services Industry

Max
144.50
Q3
84.49
Median
13.76
Q1
2.59
Min
-28.13

OKTA has a negative Interest Coverage Ratio of -9.31. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

PATH

-36.57

Software Industry

Max
67.02
Q3
19.86
Median
0.70
Q1
-12.50
Min
-53.00

PATH has a negative Interest Coverage Ratio of -36.57. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

OKTA vs. PATH: A comparison of their Interest Coverage Ratio (TTM) against their respective IT Services and Software industry benchmarks.

Financial Strength at a Glance

SymbolOKTAPATH
Current Ratio (MRQ)1.472.95
Quick Ratio (MRQ)1.412.85
Debt-to-Equity Ratio (MRQ)0.130.00
Interest Coverage Ratio (TTM)-9.31-36.57

Growth

Revenue Growth

OKTA vs. PATH: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

OKTA vs. PATH: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

OKTA

0.00%

IT Services Industry

Max
2.80%
Q3
1.74%
Median
0.62%
Q1
0.00%
Min
0.00%

OKTA currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

PATH

0.00%

Software Industry

Max
0.08%
Q3
0.03%
Median
0.00%
Q1
0.00%
Min
0.00%

PATH currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

OKTA vs. PATH: A comparison of their Dividend Yield (TTM) against their respective IT Services and Software industry benchmarks.

Dividend Payout Ratio (TTM)

OKTA

0.00%

IT Services Industry

Max
147.75%
Q3
63.58%
Median
24.63%
Q1
0.00%
Min
0.00%

OKTA has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

PATH

0.00%

Software Industry

Max
1.32%
Q3
0.53%
Median
0.00%
Q1
0.00%
Min
0.00%

PATH has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

OKTA vs. PATH: A comparison of their Dividend Payout Ratio (TTM) against their respective IT Services and Software industry benchmarks.

Dividend at a Glance

SymbolOKTAPATH
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

Price-to-Earnings Ratio (TTM)

OKTA

122.71

IT Services Industry

Max
41.55
Q3
31.54
Median
23.25
Q1
18.12
Min
6.57

At 122.71, OKTA’s P/E Ratio is exceptionally high, exceeding the typical maximum for the IT Services industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

PATH

--

Software Industry

Max
149.35
Q3
100.21
Median
47.97
Q1
26.77
Min
11.68

P/E Ratio data for PATH is currently unavailable.

OKTA vs. PATH: A comparison of their Price-to-Earnings Ratio (TTM) against their respective IT Services and Software industry benchmarks.

Price-to-Sales Ratio (TTM)

OKTA

5.95

IT Services Industry

Max
6.61
Q3
4.37
Median
2.02
Q1
1.20
Min
0.19

OKTA’s P/S Ratio of 5.95 is in the upper echelon for the IT Services industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

PATH

4.05

Software Industry

Max
25.24
Q3
13.52
Median
8.15
Q1
4.87
Min
0.98

In the lower quartile for the Software industry, PATH’s P/S Ratio of 4.05 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

OKTA vs. PATH: A comparison of their Price-to-Sales Ratio (TTM) against their respective IT Services and Software industry benchmarks.

Price-to-Book Ratio (MRQ)

OKTA

2.97

IT Services Industry

Max
11.19
Q3
6.38
Median
3.47
Q1
2.31
Min
0.96

OKTA’s P/B Ratio of 2.97 is within the conventional range for the IT Services industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

PATH

3.88

Software Industry

Max
30.95
Q3
14.91
Median
7.75
Q1
3.60
Min
0.38

PATH’s P/B Ratio of 3.88 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

OKTA vs. PATH: A comparison of their Price-to-Book Ratio (MRQ) against their respective IT Services and Software industry benchmarks.

Valuation at a Glance

SymbolOKTAPATH
Price-to-Earnings Ratio (TTM)122.71--
Price-to-Sales Ratio (TTM)5.954.05
Price-to-Book Ratio (MRQ)2.973.88
Price-to-Free Cash Flow Ratio (TTM)21.1618.79