Alphabet Inc.
$4.06T- Market cap
- $4.14T
- Debt
- +$51.08B
- Cash
- −$126.84B
Capital structure 99% equity / 1% debt · EV / Revenue 10.09x · EV / EBITDA 22.58x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $4.14T · View financials
Snapshot Sep 4, 4:00 PM ET
FY 2026 · Mkt cap
Decision snapshot: GOOGL stock price vs OKTA: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at OKTA's multiple
Needs OKTA P/E.
Implied fair value · at GOOGL's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: GOOGL FY 2025 (ended Dec 31, 2025) · OKTA FY 2026 (ended Jan 31, 2026). Fiscal years are not aligned.
Trendline
Seven fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 99% equity / 1% debt · EV / Revenue 10.09x · EV / EBITDA 22.58x
Capital structure 99% equity / 1% debt · EV / Revenue 10.10x · EV / EBITDA 83.98x
GOOGL carries the larger enterprise value at $4.06T against $29.48B; GOOGL trades on the lower EV / Revenue multiple (10.09x vs 10.10x); GOOGL on the lower EV / EBITDA (22.58x vs 83.98x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Alphabet Inc. · implied price per share
Bear
$101.71
Base
$124.15
Bull
$141.60
Okta, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.12x
0.06x
Net debt / EBITDA
Leverage against operating earnings
-0.42x
-1.18x
Cash and equivalents
Liquid reserves on the balance sheet
$126.84B
$858.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$51.08B
$445.00M
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe the OKTA OKTA P/E multiple is not an appropriate benchmark for GOOGL's business quality and scale, then GOOGL looks attractive on relative valuation because it trades at only 29.0x P/E while showing far stronger margins, growth, and ROIC than OKTA.
GOOGL trades at $359.91 versus an OKTA OKTA-implied P/E value of $1,166.98, implying 224.2% upside on that framework. The gap is driven by GOOGL's much lower P/E multiple at 29.0x versus OKTA's 108.0x, despite GOOGL's stronger margins and returns.
Supporting Metrics