RingCentral Inc (RNG) vs peers

$83.39

Latest weekly close · Market cap $7.3B

RNG's EV/EBITDA is 19.4x, compared with 28.8x at the middle of 8 peers.

Peer group: Application Software. Updated .

RNG and Application Software, ranked by EV/EBITDA
StockEV/EBITDAOwn 5-year percentile
RNGRingCentral Inc19.4×60
TEAMAtlassian Corp390.4×n/m, not ranked
CDNSCadence Design Systems41.1×14
WDAYWorkday, Inc.36.5×12
SNPSSynopsys34.1×4
ADSKAutodesk23.4×6
ZMZoom Communications Inc16.3×19
APPAppLovin16.3×13
INTUIntuit15.0×7
Peer median28.8×
How to read this comparison

Up to eight covered companies in the same industry, largest market value first.

EV/EBITDA divides enterprise value (market value plus debt, minus cash) by EBITDA over the last twelve months. The peer median leaves out RNG and stocks without a reading.

Each percentile compares a stock with its own weekly readings over the last five years, so 20 means its EV/EBITDA is above 20% of its own past readings. It needs at least 26 weeks of history. It is not a rank against the other stocks in this table.

Different growth rates, margins and financial risks can explain different multiples. Stocks without positive EBITDA have no reading.

RNG versus the peer median

-33%

RNG
19.4×
Peer median
28.8×
Own 5-year median
16.2×

Source: SEC company filings and weekly market prices. Multiples use the last twelve months of financial results. Updated .

How the valuation data is built