API vs AUDC vs RNG Stock Comparison

Agora, Audiocodes and RingCentral Prices as of Oct 26, 2026 Peers: Industry group
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API Agora, Inc.
$4.48 +6.4% 1M +24.4% 1Y
Market cap
$412.05M
P/E
37.6x
Revenue (TTM)
$151.69M
Div. yield
–
Communications Platforms Technology
1 win
AUDC Audiocodes Ltd
$11.47 +7.6% 1M +26.7% 1Y
Market cap
$333.42M
P/E
47.2x
Revenue (TTM)
$249.25M
Div. yield
–
Networking Equipment Technology
2 wins
RNG RingCentral, Inc.
$86.35 +13.4% 1M +188.1% 1Y
Market cap
$7.17B
P/E
10.8x
Revenue (TTM)
$2.62B
Div. yield
–
Communications Platforms Technology
8 wins

Head to Head

11 decided of 12

RingCentral leads on 8 of the 12 questions below (RingCentral 8, Audiocodes 2, Agora 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPIAUDCRNGLeader
Larger companyMarket capitalisation $412.05M $333.42M $7.17B RNG
Cheaper on earningsLower P/E, profitable companies only 37.6x 47.2x 10.8x RNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.0x 17.9x 16.4x RNG
Faster revenue growthRevenue growth, trailing twelve months +13.6% +2.5% +5.5% API
More profitableNet margin, trailing twelve months 7.2% 2.8% 25.3% RNG
Better return on capitalReturn on invested capital — 9.1% 26.1% RNG
Less leveragedLower net debt / EBITDA 1,164x -2.9x 1.5x AUDC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +24.4% +26.7% +188.1% RNG
Better 5-year returnAnnualised price return, 5 years -28.9%/yr -19.5%/yr -18.3%/yr RNG
Less volatileAnnualised volatility, 1 year 49.0% 42.0% 67.7% AUDC
Higher overall scoreMean of the five percentile scores vs peers 42/100 56/100 58/100 RNG

Percentile Scorecard

APIAUDCRNG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPIAUDCRNG
Valuation 18 #24 of 29 87 #15 of 111 68 #10 of 29
Growth 54 #13 of 27 17 #90 of 108 65 #10 of 27
Profitability 20 #21 of 26 69 #33 of 104 76 #7 of 26
Financial Health 77 #8 of 31 69 #36 of 115 20 #25 of 31
Shareholder Returns – 36 #52 of 81 63 #7 of 17
Overall 42 56 58
  • API ranked among 32 companies in Workplace Software
  • AUDC ranked among 121 companies in Computer Hardware
  • RNG ranked among 32 companies in Workplace Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPIAUDCRNGSPY
1 month +6.4%+7.6%+13.4% -0.8%
3 months +12.6%+17.3%+60.5% +3.5%
6 months +26.2%+29.3%+113.5% +7.0%
Year to date +10.1%+31.4%+199.0% +12.2%
1 year +24.4%+26.7%+188.1% +13.0%
3 years +51.4%+59.5%+241.3% +86.3%
3 years, per year +14.8%+16.9%+50.6% +23.1%
5 years -81.9%-66.2%-63.6% +68.6%
5 years, per year -28.9%-19.5%-18.3% +11.0%
10 years —+115.2%+300.7% +258.0%
10 years, per year —+8.0%+14.9% +13.6%

Risk

MeasureAPIAUDCRNGSPY
Volatility, 1Y 49.0%42.0%67.7% 12.7%
Downside volatility, 1Y 45.6%47.1%56.0% 12.7%
Beta vs S&P 500, 1Y 0.891.141.14 1.00
Return / volatility, 1Y 0.500.642.78 1.02
Max drawdown, 5Y -93.1%-81.0%-92.4% -25.4%
From 52-week high -14.8%0.0%0.0% -1.8%
52-week high $5.26$11.47$86.35 $779.14
52-week low $3.24$7.03$24.82 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPIAUDCRNG
P/E now vs peer median 37.6xmedian 31.9x 46.3xmedian 32.0x 10.9xmedian 31.9x
P/S now vs peer median 3.5xmedian 2.4x 1.2xmedian 2.8x 2.8xmedian 2.4x
EV/EBITDA now vs peer median -7,072xmedian 11.5x 13.6xmedian 19.4x 14.1xmedian 11.5x
P/FCF now vs peer median 35.9xmedian 14.2x 9.5xmedian 29.0x 10.9xmedian 14.2x
P/B now vs peer median —median 3.0x 2.1xmedian 2.9x -588.8xmedian 3.0x
PEG now vs peer median 1.35median 0.77 -2.74median 1.13 0.20median 0.77

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPIAUDCRNG
Revenue $151.69M $249.25M $2.62B
Gross profit $97.83M $163.86M $1.89B
Operating income -$5.19M $14.36M $196.64M
Net income $10.97M $7.06M $662.40M
Free cash flow $14.67M $32.61M $667.24M
R&D $57.28M $54.05M $330.14M
EPS (diluted) $0.11 $0.24 $7.55
Cash & equivalents $72.67M $51.41M $110.12M
Total debt $1.34M $27.00M $1.01B
Shares (diluted) 98.86M 28.98M 87.69M
Enterprise value $62.90M $60.29M $6.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPIAUDCRNG
P/E 37.6x 46.3x 10.9x
P/FCF 35.9x 9.5x 10.9x
P/Operating cash flow 38.9x 11.5x 10.4x
P/S 3.5x 1.2x 2.8x
P/B – 2.1x -588.8x
P/Tangible book – 2.9x -129.3x
EV/EBITDA -7,072x 13.6x 14.1x
EV/EBIT -87.2x 17.9x 41.7x
EV/Revenue 3.0x 1.0x 3.1x
EV/FCF 30.9x 7.9x 12.3x
EV/Operating cash flow 33.4x 9.5x 11.7x
PEG (3Y EPS CAGR) 1.35 -2.74 0.20

Growth

14 metrics
MetricAPIAUDCRNG
Revenue growth (1Y) 13.6% 2.5% 5.5%
Revenue CAGR (3Y) 0.0% -1.3% 6.7%
Gross profit growth (1Y) 9.3% 3.5% 7.0%
Gross profit CAGR (3Y) 1.7% -0.2% 8.0%
Operating income growth (1Y) 85.7% -5.7% 109.8%
Operating income CAGR (3Y) 65.3% -5.0% 35.4%
Net income growth (1Y) 149.5% -48.7% 4,905%
Net income CAGR (3Y) 27.8% -20.0% 53.9%
EPS growth (1Y) 146.7% -45.8% 5,149%
EPS CAGR (3Y) 27.9% -16.9% 55.7%
Operating cash flow growth (1Y) -20.9% -38.9% 16.3%
Operating cash flow CAGR (3Y) 35.5% 50.4% 29.1%
Free cash flow growth (1Y) -25.1% -42.4% 16.5%
Free cash flow CAGR (3Y) 37.4% 39.0% 30.7%

Profitability

14 metrics
MetricAPIAUDCRNG
Gross margin 64.5% 65.7% 72.2%
EBITDA margin 0.0% 7.6% 22.2%
Operating margin -3.4% 5.8% 7.5%
Pretax margin 7.3% 4.5% 5.0%
Net margin 7.2% 2.8% 25.3%
FCF margin 9.7% 13.1% 25.5%
Operating cash flow margin 8.9% 10.9% 26.7%
Return on equity – 10.3% –
Return on assets 1.6% 5.0% 40.7%
Return on invested capital – 9.1% 26.1%
Return on capital employed -0.8% 6.5% 20.7%
Asset turnover 0.2x 0.8x 1.6x
Cash conversion (OCF / net income) 1.2x 3.8x 1.1x
Stock comp / revenue 3.0% 2.4% 9.2%

Financial Health

11 metrics
MetricAPIAUDCRNG
Debt / assets 0.2% 2.4% 53.9%
Debt / equity – 0.1x -81.6x
Net debt / EBITDA 1,164x -2.9x 1.5x
Debt / FCF 0.1x 0.2x 1.5x
Liabilities / assets 24.1% 52.8% 100.7%
Equity / assets – 47.2% -0.7%
Interest coverage -86.5x – 3.1x
Current ratio 5.1x 1.9x 1.1x
Quick ratio 1.3x 1.4x 0.9x
Cash ratio 1.0x 0.7x 0.2x
Altman Z-score – – 3.27

Shareholder Returns

7 metrics
MetricAPIAUDCRNG
Dividend yield – 3.5% 0.3%
Net buyback yield – -13.3% 4.4%
Shareholder yield – -9.8% 4.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPIAUDCRNG
Forward P/E 32.0xFY2026 17.9xFY2026 16.4xFY2026
EPS, next fiscal year $0.14FY2026 $0.64FY2026 $5.28FY2026
EPS growth, next FY +40.0%FY2026 +4.9%FY2026 +21.1%FY2026
EPS growth, the year after +107.1% +3.1% +0.6%
Revenue, next fiscal year $171.35MFY2026 $265.51MFY2026 $2.76BFY2026
Revenue growth, next FY +21.5%FY2026 +8.1%FY2026 +9.7%FY2026
Revenue growth, the year after +1.5% +1.2% -3.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPIAUDCRNG
Held by institutions 21.2% 33.5% 100.0%
Institutions holding 59 67 379
Change in shares held, QoQ -1.9% +7.5% +2.0%
Institutions buying 27 31 212
Institutions selling 18 20 121
Buyers to sellers 1.50 1.55 1.75

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APIAUDCRNG
API 1.00 0.10 0.23
AUDC 0.10 1.00 0.28
RNG 0.23 0.28 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, API, AUDC and RNG?

RingCentral (RNG) is the largest by market capitalisation: Agora (API) $412.05M, Audiocodes (AUDC) $333.42M, RingCentral (RNG) $7.17B.

Which stock is cheaper, API, AUDC and RNG?

RingCentral (RNG) trades on the lowest price-to-earnings ratio (Agora (API) 37.6x, Audiocodes (AUDC) 47.2x, RingCentral (RNG) 10.8x). On next year's consensus earnings, RingCentral (RNG) is cheapest (Agora (API) 32.0x, Audiocodes (AUDC) 17.9x, RingCentral (RNG) 16.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Agora (API) grew revenue fastest over the trailing twelve months: Agora (API) +13.6%, Audiocodes (AUDC) +2.5%, RingCentral (RNG) +5.5%.

Which company is more profitable?

RingCentral (RNG) has the highest net margin (Agora (API) 7.2%, Audiocodes (AUDC) 2.8%, RingCentral (RNG) 25.3%). On return on invested capital, RingCentral (RNG) leads (Audiocodes (AUDC) 9.1%, RingCentral (RNG) 26.1%).

Which stock has performed better?

Over the past year RingCentral (RNG) returned the most: Agora (API) +24.4%, Audiocodes (AUDC) +26.7%, RingCentral (RNG) +188.1%. Over five years, RingCentral (RNG) compounded fastest (Agora (API) -28.9%/yr, Audiocodes (AUDC) -19.5%/yr, RingCentral (RNG) -18.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Audiocodes (AUDC) has been the steadiest (Agora (API) 49.0%, Audiocodes (AUDC) 42.0%, RingCentral (RNG) 67.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, API, AUDC and RNG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, RingCentral (RNG) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.