Ringcentral Stock Current Valuation

RNG Stock  USD 28.95  1.82  5.91%   
Valuation analysis of Ringcentral helps investors to measure Ringcentral's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The Ringcentral's current Enterprise Value is estimated to increase to about 13.3 B, while Enterprise Value Over EBITDA is projected to decrease to 29.39. Fundamental drivers impacting Ringcentral's valuation include:
Price Book
102.8295
Enterprise Value
4.1 B
Enterprise Value Ebitda
20.8971
Price Sales
1.0854
Forward PE
7.1531
Undervalued
Today
28.95
29.028.9534.134.0842.742.6829.029.03100%
Please note that Ringcentral's price fluctuation is very steady at this time. Calculation of the real value of Ringcentral is based on 3 months time horizon. Increasing Ringcentral's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Ringcentral stock is determined by what a typical buyer is willing to pay for full or partial control of Ringcentral. Since Ringcentral is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ringcentral Stock. However, Ringcentral's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  28.95 Real  34.08 Target  42.68 Hype  29.03
The real value of Ringcentral Stock, also known as its intrinsic value, is the underlying worth of Ringcentral Company, which is reflected in its stock price. It is based on Ringcentral's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Ringcentral's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
34.08
Real Value
36.81
Upside
Estimating the potential upside or downside of Ringcentral helps investors to forecast how Ringcentral stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ringcentral more accurately as focusing exclusively on Ringcentral's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.940.961.00
Details
Hype
Prediction
LowEstimatedHigh
26.3029.0331.76
Details
20 Analysts
Consensus
LowTarget PriceHigh
38.8442.6847.38
Details

Ringcentral Company Current Valuation Analysis

Ringcentral's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Ringcentral Current Valuation

    
  4.14 B  
Most of Ringcentral's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ringcentral is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ringcentral Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Ringcentral is extremely important. It helps to project a fair market value of Ringcentral Stock properly, considering its historical fundamentals such as Current Valuation. Since Ringcentral's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ringcentral's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ringcentral's interrelated accounts and indicators.
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Click cells to compare fundamentals

Ringcentral Current Valuation Historical Pattern

Today, most investors in Ringcentral Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ringcentral's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ringcentral current valuation as a starting point in their analysis.
   Ringcentral Current Valuation   
       Timeline  
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Ringcentral has a Current Valuation of 4.14 B. This is 78.58% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is 75.11% higher than that of the company.

Ringcentral Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ringcentral's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ringcentral could also be used in its relative valuation, which is a method of valuing Ringcentral by comparing valuation metrics of similar companies.
4.1B4.6B200.3B161.7B100%
Ringcentral is currently under evaluation in current valuation category among its peers.

Ringcentral ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ringcentral's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ringcentral's managers, analysts, and investors.
56.6%
Environmental
Governance
Social

Ringcentral Fundamentals

Return On Equity-6.89
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%1,000%2,000%3,000%4,000%5,000%
Return On Asset0.0071
Profit Margin(0.02) %
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Operating Margin0.03 %
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Current Valuation4.14 B
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Shares Outstanding80.07 M
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Shares Owned By Insiders1.15 %
Shares Owned By Institutions98.85 %
Number Of Shares Shorted5.16 M
Price To Earning(107.63) X
Price To Book102.83 X
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Price To Sales1.09 X
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Revenue2.4 B
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Gross Profit1.7 B
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EBITDA2.67 M
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Net Income(58.29 M)
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Cash And Equivalents269.98 M
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Cash Per Share3.21 X
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Total Debt1.59 B
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Current Ratio1.19 X
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Book Value Per Share(6.08) X
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Cash Flow From Operations483.28 M
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Short Ratio4.59 X
Earnings Per Share(1.05) X
Price To Earnings To Growth0.29 X
Target Price39.37
Beta1.01
Market Capitalization2.61 B
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Total Asset1.94 B
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Retained Earnings(1.7 B)
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Working Capital216.1 M
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Current Asset171.05 M
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Current Liabilities80.57 M
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Net Asset1.94 B

About Ringcentral Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ringcentral's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ringcentral using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ringcentral based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Ringcentral is a strong investment it is important to analyze Ringcentral's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ringcentral's future performance. For an informed investment choice regarding Ringcentral Stock, refer to the following important reports:
Check out Ringcentral Piotroski F Score and Ringcentral Altman Z Score analysis.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ringcentral. If investors know Ringcentral will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.05)
Revenue Per Share
26.06
Quarterly Revenue Growth
0.076
Return On Assets
0.0071
Return On Equity
(6.89)
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ringcentral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.