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

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

Company Profile

SymbolOKTASTX
Company NameOkta, Inc.Seagate Technology Holdings plc
CountryUnited StatesSingapore
GICS SectorInformation TechnologyInformation Technology
GICS IndustryIT ServicesTechnology Hardware, Storage & Peripherals
Market Capitalization16.07 billion USD54.70 billion USD
ExchangeNasdaqGSNasdaqGS
Listing DateApril 7, 2017December 11, 2002
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of OKTA and STX 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. STX: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolOKTASTX
5-Day Price Return2.04%5.53%
13-Week Price Return-8.27%63.56%
26-Week Price Return-19.58%169.38%
52-Week Price Return23.94%117.09%
Month-to-Date Return-1.15%41.02%
Year-to-Date Return16.37%173.50%
10-Day Avg. Volume2.98M4.19M
3-Month Avg. Volume3.97M3.97M
3-Month Volatility32.47%36.57%
Beta0.841.66

Profitability

Return on Equity (TTM)

OKTA

2.59%

IT Services Industry

Max
32.78%
Q3
19.28%
Median
13.86%
Q1
5.50%
Min
-10.00%

OKTA’s Return on Equity of 2.59% 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.

STX

398.07%

Technology Hardware, Storage & Peripherals Industry

Max
56.93%
Q3
27.52%
Median
9.18%
Q1
5.14%
Min
-1.04%

STX’s Return on Equity of 398.07% is exceptionally high, placing it well beyond the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

OKTA vs. STX: A comparison of their Return on Equity (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Net Profit Margin (TTM)

OKTA

6.08%

IT Services Industry

Max
19.71%
Q3
11.01%
Median
6.66%
Q1
2.96%
Min
-6.22%

OKTA’s Net Profit Margin of 6.08% 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.

STX

16.15%

Technology Hardware, Storage & Peripherals Industry

Max
16.15%
Q3
7.95%
Median
4.80%
Q1
2.20%
Min
-0.29%

A Net Profit Margin of 16.15% places STX in the upper quartile for the Technology Hardware, Storage & Peripherals industry, signifying strong profitability and more effective cost management than most of its peers.

OKTA vs. STX: A comparison of their Net Profit Margin (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Operating Profit Margin (TTM)

OKTA

3.18%

IT Services Industry

Max
22.44%
Q3
14.90%
Median
8.82%
Q1
4.91%
Min
-9.89%

OKTA’s Operating Profit Margin of 3.18% 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.

STX

20.88%

Technology Hardware, Storage & Peripherals Industry

Max
20.70%
Q3
10.74%
Median
6.27%
Q1
4.07%
Min
1.97%

STX’s Operating Profit Margin of 20.88% is exceptionally high, placing it well above the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

OKTA vs. STX: A comparison of their Operating Profit Margin (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Profitability at a Glance

SymbolOKTASTX
Return on Equity (TTM)2.59%398.07%
Return on Assets (TTM)1.80%18.64%
Net Profit Margin (TTM)6.08%16.15%
Operating Profit Margin (TTM)3.18%20.88%
Gross Profit Margin (TTM)76.91%35.32%

Financial Strength

Current Ratio (MRQ)

OKTA

1.35

IT Services Industry

Max
3.17
Q3
2.00
Median
1.47
Q1
1.05
Min
0.52

OKTA’s Current Ratio of 1.35 aligns with the median group of the IT Services industry, indicating that its short-term liquidity is in line with its sector peers.

STX

1.38

Technology Hardware, Storage & Peripherals Industry

Max
3.37
Q3
2.04
Median
1.41
Q1
0.98
Min
0.11

STX’s Current Ratio of 1.38 aligns with the median group of the Technology Hardware, Storage & Peripherals industry, indicating that its short-term liquidity is in line with its sector peers.

OKTA vs. STX: A comparison of their Current Ratio (MRQ) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Debt-to-Equity Ratio (MRQ)

OKTA

0.13

IT Services Industry

Max
3.11
Q3
1.55
Median
0.55
Q1
0.17
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.

STX

51.80

Technology Hardware, Storage & Peripherals Industry

Max
1.54
Q3
0.85
Median
0.32
Q1
0.11
Min
0.00

With a Debt-to-Equity Ratio of 51.80, STX operates with exceptionally high leverage compared to the Technology Hardware, Storage & Peripherals industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

OKTA vs. STX: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Interest Coverage Ratio (TTM)

OKTA

-9.31

IT Services Industry

Max
129.00
Q3
56.00
Median
11.69
Q1
0.77
Min
-28.15

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.

STX

6.11

Technology Hardware, Storage & Peripherals Industry

Max
143.63
Q3
76.01
Median
19.47
Q1
5.91
Min
-23.93

STX’s Interest Coverage Ratio of 6.11 is positioned comfortably within the norm for the Technology Hardware, Storage & Peripherals industry, indicating a standard and healthy capacity to cover its interest payments.

OKTA vs. STX: A comparison of their Interest Coverage Ratio (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Financial Strength at a Glance

SymbolOKTASTX
Current Ratio (MRQ)1.351.38
Quick Ratio (MRQ)1.300.84
Debt-to-Equity Ratio (MRQ)0.1351.80
Interest Coverage Ratio (TTM)-9.316.11

Growth

Revenue Growth

OKTA vs. STX: 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. STX: 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
2.79%
Q3
1.76%
Median
0.58%
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.

STX

1.10%

Technology Hardware, Storage & Peripherals Industry

Max
4.33%
Q3
3.29%
Median
1.76%
Q1
0.00%
Min
0.00%

STX’s Dividend Yield of 1.10% is consistent with its peers in the Technology Hardware, Storage & Peripherals industry, providing a dividend return that is standard for its sector.

OKTA vs. STX: A comparison of their Dividend Yield (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Dividend Payout Ratio (TTM)

OKTA

0.00%

IT Services Industry

Max
107.85%
Q3
52.62%
Median
22.53%
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.

STX

40.84%

Technology Hardware, Storage & Peripherals Industry

Max
142.87%
Q3
77.17%
Median
40.90%
Q1
3.87%
Min
0.00%

STX’s Dividend Payout Ratio of 40.84% is within the typical range for the Technology Hardware, Storage & Peripherals industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

OKTA vs. STX: A comparison of their Dividend Payout Ratio (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Dividend at a Glance

SymbolOKTASTX
Dividend Yield (TTM)0.00%1.10%
Dividend Payout Ratio (TTM)0.00%40.84%

Valuation

Price-to-Earnings Ratio (TTM)

OKTA

95.72

IT Services Industry

Max
56.41
Q3
33.17
Median
23.17
Q1
16.18
Min
6.62

At 95.72, 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.

STX

37.24

Technology Hardware, Storage & Peripherals Industry

Max
43.10
Q3
28.67
Median
19.23
Q1
15.53
Min
9.46

A P/E Ratio of 37.24 places STX in the upper quartile for the Technology Hardware, Storage & Peripherals industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

OKTA vs. STX: A comparison of their Price-to-Earnings Ratio (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Price-to-Sales Ratio (TTM)

OKTA

5.82

IT Services Industry

Max
5.99
Q3
4.26
Median
1.93
Q1
0.97
Min
0.12

OKTA’s P/S Ratio of 5.82 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.

STX

6.01

Technology Hardware, Storage & Peripherals Industry

Max
5.63
Q3
3.18
Median
1.10
Q1
0.49
Min
0.04

With a P/S Ratio of 6.01, STX trades at a valuation that eclipses even the highest in the Technology Hardware, Storage & Peripherals industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

OKTA vs. STX: A comparison of their Price-to-Sales Ratio (TTM) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Price-to-Book Ratio (MRQ)

OKTA

2.54

IT Services Industry

Max
12.34
Q3
7.54
Median
3.84
Q1
2.52
Min
0.88

OKTA’s P/B Ratio of 2.54 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.

STX

136.18

Technology Hardware, Storage & Peripherals Industry

Max
13.94
Q3
6.87
Median
1.88
Q1
0.94
Min
0.32

At 136.18, STX’s P/B Ratio is at an extreme premium to the Technology Hardware, Storage & Peripherals industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

OKTA vs. STX: A comparison of their Price-to-Book Ratio (MRQ) against their respective IT Services and Technology Hardware, Storage & Peripherals industry benchmarks.

Valuation at a Glance

SymbolOKTASTX
Price-to-Earnings Ratio (TTM)95.7237.24
Price-to-Sales Ratio (TTM)5.826.01
Price-to-Book Ratio (MRQ)2.54136.18
Price-to-Free Cash Flow Ratio (TTM)19.1966.87