Ringcentral, Inc. (RNG): Price and Financial Metrics

RNG POWR Grades

• RNG scores best on the Growth dimension, with a Growth rank ahead of 76.98% of US stocks.
• RNG's strongest trending metric is Value; it's been moving up over the last 52 weeks.
• RNG's current lowest rank is in the Value metric (where it is better than 25.29% of US stocks).

RNG Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for RNG is 14.84 -- better than 98.04% of US stocks.
• RNG's price/sales ratio is 16.58; that's higher than the P/S ratio of 88.55% of US stocks.
• RNG's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 89.54% of US stocks.
• Stocks that are quantitatively similar to RNG, based on their financial statements, market capitalization, and price volatility, are PLAN, FIVN, ZEN, MDLA, and NEWR.
• RNG's SEC filings can be seen here. And to visit RingCentral Inc's official web site, go to www.ringcentral.com.

RNG Valuation Summary

• RNG's price/earnings ratio is -178.4; this is 557.44% lower than that of the median Technology stock.
• RNG's EV/EBIT ratio has moved down 322 over the prior 97 months.
• Over the past 97 months, RNG's price/earnings ratio has gone down 151.1.

Below are key valuation metrics over time for RNG.

RNG Growth Metrics

• Its 2 year net cashflow from operations growth rate is now at 29.3%.
• Its 3 year net income to common stockholders growth rate is now at -6.21%.
• Its 2 year revenue growth rate is now at 79.4%.

Over the past 15 months, RNG's revenue has gone up $400,908,000.

The table below shows RNG's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	1,369.789	-13.829	-133.926
2021-03-31	1,268.501	-11.305	-22.461
2020-12-31	1,183.657	-35.191	-82.996
2020-09-30	1,101.986	-38.869	-106.426
2020-06-30	1,031.714	60.707	-98.218
2020-03-31	968.881	57.718	-107.97

RNG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• RNG has a Quality Grade of C, ranking ahead of 30.6% of graded US stocks.
• RNG's asset turnover comes in at 0.657 -- ranking 240th of 561 Business Services stocks.
• FIVN, SFUN, and HSTM are the stocks whose asset turnover ratios are most correlated with RNG.

The table below shows RNG's key quality metrics over time.