RingCentral Inc
NYSE:RNG

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RingCentral Inc
NYSE:RNG
Watchlist
Price: 25.85 USD -2.45%
Market Cap: 2.3B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one RNG stock under the Base Case scenario is 59.96 USD. Compared to the current market price of 25.85 USD, RingCentral Inc is Undervalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

RNG Relative Value
Base Case
59.96 USD
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1
P/S
P/S
Price to Sales
1
vs History
95
vs Industry
66
Median 3Y
1.4
Median 5Y
1.9
Industry
2.5
Forward
0.9
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-19.1
Median 5Y
-31.5
Industry
23.1
Forward
6.1
More Details
4.4
P/OCF
P/OCF
Price to OCF
4.4
vs History
76
vs Industry
58
Median 3Y
8.1
Median 5Y
8.1
Industry
17.4
More Details
13.1
P/FCFE
P/FCFE
Price to FCFE
13.1
vs History
41
vs Industry
45
Median 3Y
12.8
Median 5Y
12.4
Industry
21.7
More Details
Negative
P/B
P/B
Price to Book Value
N/A
vs History
vs Industry
Median 3Y
-9.7
Median 5Y
-7.3
Industry
3
More Details
1.2
EV/S
EV/S
Enterprise Value to Sales
1.2
vs History
95
vs Industry
53
Median 3Y
2
Median 5Y
2.5
Industry
2.5
Forward
1.2
More Details
1.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.7
vs History
95
vs Industry
65
Median 3Y
2.8
Median 5Y
3.7
Industry
5
More Details
11.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.4
vs History
31
vs Industry
27
Median 3Y
12.3
Median 5Y
-39.8
Industry
12.7
Forward
4.4
More Details
79.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
79.7
vs History
7
vs Industry
2
Median 3Y
-16.3
Median 5Y
-26.2
Industry
16.4
Forward
5.1
More Details
5.5
EV/OCF
EV/OCF
Enterprise Value to OCF
5.5
vs History
76
vs Industry
49
Median 3Y
11.2
Median 5Y
11.2
Industry
15.8
More Details
6.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
6.5
vs History
46
vs Industry
41
Median 3Y
12.2
Median 5Y
6.4
Industry
19
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
95
vs Industry
41
Median 3Y
2.6
Median 5Y
2.8
Industry
2.5
More Details

Multiples Across Competitors

RNG Competitors Multiples
RingCentral Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
RingCentral Inc
NYSE:RNG
2.3B USD 1 -58.5 11.4 79.7
DE
SAP SE
XETRA:SAP
306.4B EUR 8.7 53.5 28.9 33.1
US
Palantir Technologies Inc
NYSE:PLTR
348.5B USD 111.9 610.6 788 845.8
US
Salesforce Inc
NYSE:CRM
247.1B USD 6.4 39.8 21 30.1
US
Intuit Inc
NASDAQ:INTU
208.2B USD 11.4 60 37.9 44.5
US
NCR Corp
LSE:0K45
180.2B USD 52.3 195.5 563.1 4 016.7
US
Adobe Inc
NASDAQ:ADBE
155.1B USD 6.9 22.6 17.8 19.6
US
Applovin Corp
NASDAQ:APP
119.4B USD 23.3 62.2 43.7 51.3
US
Microstrategy Inc
NASDAQ:MSTR
117.7B USD 256.3 -22 -3 656.7 -1 893.2
US
Synopsys Inc
NASDAQ:SNPS
88.3B USD 14.2 40.8 53.6 64.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
86.8B USD 17.8 80.3 50.9 58
P/S Multiple
Revenue Growth P/S to Growth
US
RingCentral Inc
NYSE:RNG
Average P/S: 46.4
1
5%
0.2
DE
SAP SE
XETRA:SAP
8.7
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
111.9
33%
3.4
US
Salesforce Inc
NYSE:CRM
6.4
10%
0.6
US
Intuit Inc
NASDAQ:INTU
11.4
14%
0.8
US
N
NCR Corp
LSE:0K45
52.3
-8%
N/A
US
Adobe Inc
NASDAQ:ADBE
6.9
10%
0.7
US
Applovin Corp
NASDAQ:APP
23.3
22%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
256.3
4%
64.1
US
Synopsys Inc
NASDAQ:SNPS
14.2
13%
1.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
17.8
13%
1.4
P/E Multiple
Earnings Growth PEG
US
RingCentral Inc
NYSE:RNG
Average P/E: 129.5
Negative Multiple: -58.5 		N/A N/A
DE
SAP SE
XETRA:SAP
53.5
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
610.6
73%
8.4
US
Salesforce Inc
NYSE:CRM
39.8
31%
1.3
US
Intuit Inc
NASDAQ:INTU
60
37%
1.6
US
N
NCR Corp
LSE:0K45
195.5
-46%
N/A
US
Adobe Inc
NASDAQ:ADBE
22.6
27%
0.8
US
Applovin Corp
NASDAQ:APP
62.2
45%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -22 N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
40.8
11%
3.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.3
33%
2.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
RingCentral Inc
NYSE:RNG
Average EV/EBITDA: 161.6
11.4
47%
0.2
DE
SAP SE
XETRA:SAP
28.9
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
788
109%
7.2
US
Salesforce Inc
NYSE:CRM
21
24%
0.9
US
Intuit Inc
NASDAQ:INTU
37.9
28%
1.4
US
N
NCR Corp
LSE:0K45
563.1
12%
46.9
US
Adobe Inc
NASDAQ:ADBE
17.8
17%
1
US
Applovin Corp
NASDAQ:APP
43.7
42%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 656.7 N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
53.6
34%
1.6
US
Cadence Design Systems Inc
NASDAQ:CDNS
50.9
27%
1.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
RingCentral Inc
NYSE:RNG
Average EV/EBIT: 524.3
79.7
264%
0.3
DE
SAP SE
XETRA:SAP
33.1
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
845.8
110%
7.7
US
Salesforce Inc
NYSE:CRM
30.1
33%
0.9
US
Intuit Inc
NASDAQ:INTU
44.5
37%
1.2
US
N
NCR Corp
LSE:0K45
4 016.7
90%
44.6
US
Adobe Inc
NASDAQ:ADBE
19.6
20%
1
US
Applovin Corp
NASDAQ:APP
51.3
45%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 893.2 N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
64.7
39%
1.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
58
28%
2.1

See Also

Summary
RNG intrinsic value, competitors valuation, and company profile.
DCF Valuation
RNG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RNG stock valuation using valuation multiples.
Wall Street Estimates
RNG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RNG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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