COMPARE · Reviewed August 3, 2026
CHKP vs OKTA
Verdict: Side-by-side breakdown using the Bull Rankings model. CHKP scored 76.8, OKTA scored 55.1 — CHKP leads.
Compare another set
Different reporting periods. OKTA's fundamentals are as of April 2026, but CHKP's are as of December 2025 — a 4-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
CHKP
Check Point Software Technologies Ltd.
76.8
$122.97 · $12.6B
fundamentals as of
Score gap
21.7
CHKP leads
OKTA
Okta, Inc.
55.1
$141.57 · $24.6B
fundamentals as of
The model, pillar by pillar (0–100 each)
CHKP
stronger →← stronger
OKTA
89
Qualityreturns · margins · balance sheet
48
68
Growthrevenue & earnings expansion
86
75
Valuevaluation vs sector peers
40
CHKP is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
CHKP
OKTA
$1.2bC+
FCF
$911mC+
+6.3%C+
Rev
+11.7%B
0.72C+
D/E
0.06A-
12.6xA
P/E
102.6xD
1.22B
PEG
1.35B
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
CHKP
OKTA
35% below
Price vs fair valuelower is cheaper
24% above
~-5%/yr
Growth the price implies10-yr FCF · lower = less priced in
~13%/yr
+45%
1-yr DCF upside
-28%
+55%
5-yr DCF upside
-19%
+71%
10-yr DCF upside
-5%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CHKP
Why this score
- Buying back stock
- Durable high returns
OKTA
Why this score
- Diluting shareholders
The companies
CHKPCheck Point Software Technologies Ltd.
Why now
Software - Infrastructure · market cap $12.6b. Down 42% from 52-week high of $210.66 — deep drawdown territory. 31 sell-side analysts rate this a Buy with a mean 1-yr target of $146.65 (implying +19% upside).
Moat
Net margin 39% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 37% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 111% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 42% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
OKTAOkta, Inc.
Why now
Software - Infrastructure · market cap $24.6b. 10% off the 52-week high of $157.00. Revenue growing +12%, comfortably above the S&P median. 42 sell-side analysts rate this a Buy with a mean 1-yr target of $129.02 (implying -9% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.
Risk
Trailing P/E 102.6x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. ROE 4% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. AI-native re-pricing — GPT-class models are compressing the cost of features that took years to build; the moat thesis depends on owning the workflow, not just the feature set.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.