API vs BAND vs SPOK Stock Comparison

Agora, Bandwidth and Spok Holdings Prices as of Oct 28, 2026 Peers: Industry group
API Agora, Inc.
$4.46 +7.5% 1M +27.1% 1Y
Market cap
$411.59M
P/E
37.5x
Revenue (TTM)
$151.69M
Div. yield
–
Communications Platforms Technology
2 wins
BAND Bandwidth Inc.
$48.45 -20.6% 1M +185.8% 1Y
Market cap
$1.67B
P/E
–
Revenue (TTM)
$828.24M
Div. yield
–
Communications Platforms Technology
3 wins
SPOK Spok Holdings, Inc
$10.18 -1.8% 1M -38.0% 1Y
Market cap
$240.10M
P/E
12.8x
Revenue (TTM)
$135.10M
Div. yield
–
Healthcare IT Technology
5 wins

Head to Head

10 decided of 12

Spok Holdings leads on 5 of the 12 questions below (Spok Holdings 5, Bandwidth 3, Agora 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPIBANDSPOKLeader
Larger companyMarket capitalisation $411.59M $1.67B $240.10M BAND
Cheaper on earningsLower P/E, profitable companies only 37.5x -663.3x 12.8x SPOK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.9x 28.3x 15.9x SPOK
Faster revenue growthRevenue growth, trailing twelve months +13.6% +9.3% -3.3% API
More profitableNet margin, trailing twelve months 7.2% -0.3% — API
Better return on capitalReturn on invested capital — 0.0% — –
Less leveragedLower net debt / EBITDA 1,164x 3.2x — BAND
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +27.1% +185.8% -38.0% BAND
Better 5-year returnAnnualised price return, 5 years -27.2%/yr -10.7%/yr -0.2%/yr SPOK
Less volatileAnnualised volatility, 1 year 48.9% 95.1% 31.7% SPOK
Higher overall scoreMean of the five percentile scores vs peers 43/100 33/100 67/100 SPOK

Percentile Scorecard

APIBANDSPOK

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

AxisAPIBANDSPOK
Valuation 21 #23 of 29 39 #18 of 29 96 #5 of 89
Growth 54 #13 of 27 27 #20 of 27 23 #63 of 81
Profitability 20 #21 of 26 28 #19 of 26 57 #33 of 76
Financial Health 77 #8 of 31 43 #18 of 31 60 #38 of 94
Shareholder Returns – 25 #13 of 17 98 #2 of 52
Overall 43 33 67
  • API ranked among 32 companies in Workplace Software
  • BAND ranked among 32 companies in Workplace Software
  • SPOK ranked among 98 companies in Vertical Software

Price Performance

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

Returns

PeriodAPIBANDSPOKSPY
1 month +7.5%-20.6%-1.8% +0.9%
3 months +13.2%+31.1%-7.1% +5.9%
6 months +27.1%+100.2%-7.9% +8.5%
Year to date +9.6%+213.6%-22.8% +13.3%
1 year +27.1%+185.8%-38.0% +12.4%
3 years +50.7%+406.8%-32.8% +88.1%
3 years, per year +14.7%+71.8%-12.4% +23.5%
5 years -79.5%-43.2%-1.1% +68.2%
5 years, per year -27.2%-10.7%-0.2% +11.0%
10 years ——-41.2% +263.4%
10 years, per year ——-5.2% +13.8%

Risk

MeasureAPIBANDSPOKSPY
Volatility, 1Y 48.9%95.1%31.7% 12.7%
Downside volatility, 1Y 45.5%91.1%39.0% 12.7%
Beta vs S&P 500, 1Y 0.892.450.18 1.00
Return / volatility, 1Y 0.551.95-1.20 0.98
Max drawdown, 5Y -93.1%-89.3%-46.1% -25.4%
From 52-week high -15.2%-38.2%-38.0% -0.9%
52-week high $5.26$78.44$16.41 $779.14
52-week low $3.24$12.82$10.11 $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.

MultipleAPIBANDSPOK
P/E now vs peer median 37.4xmedian 31.0x -618.2xmedian 31.0x 11.3xmedian 40.6x
P/S now vs peer median 3.5xmedian 2.5x 1.8xmedian 2.5x 1.6xmedian 2.4x
EV/EBITDA now vs peer median -7,035xmedian 11.2x 33.5xmedian 11.2x —median 18.3x
P/FCF now vs peer median 35.8xmedian 15.6x 19.3xmedian 15.6x 8.6xmedian 20.5x
P/B now vs peer median —median 3.2x 3.9xmedian 3.2x 1.5xmedian 1.8x
PEG now vs peer median 1.34median 0.74 22.15median 0.74 -0.54median 1.74

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 monthsAPIBANDSPOK
Revenue $151.69M $828.24M $135.10M
Gross profit $97.83M $308.33M –
Operating income -$5.19M -$15.11M $17.45M
Net income $10.97M $2.26M $18.75M
Free cash flow $14.67M $77.35M –
R&D $57.28M $145.95M –
EPS (diluted) $0.11 $-0.08 $0.89
Cash & equivalents $72.67M $169.90M $30.07M
Total debt $1.34M $330.77M –
Shares (diluted) 98.86M 33.49M 21.08M
Enterprise value $62.44M $1.25B $240.10M

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
MetricAPIBANDSPOK
P/E 37.4x -618.2x 11.3x
P/FCF 35.8x 19.3x 8.6x
P/Operating cash flow 38.7x 15.2x 6.4x
P/S 3.5x 1.8x 1.6x
P/B – 3.9x 1.5x
P/Tangible book – 5.8x 1.5x
EV/EBITDA -7,035x 33.5x –
EV/EBIT -86.8x -109.1x –
EV/Revenue 3.0x 2.0x 1.6x
EV/FCF 30.7x 21.3x –
EV/Operating cash flow 33.2x 16.8x 6.4x
PEG (3Y EPS CAGR) 1.34 22.15 -0.54

Growth

14 metrics
MetricAPIBANDSPOK
Revenue growth (1Y) 13.6% 9.3% -3.3%
Revenue CAGR (3Y) 0.0% 12.0% -0.8%
Gross profit growth (1Y) 9.3% 5.3% –
Gross profit CAGR (3Y) 1.7% 8.4% –
Operating income growth (1Y) 85.7% -25.9% -14.5%
Operating income CAGR (3Y) 65.3% 18.3% -4.6%
Net income growth (1Y) 149.5% 122.6% 13.0%
Net income CAGR (3Y) 27.8% -58.8% -19.9%
EPS growth (1Y) 146.7% 77.6% 12.7%
EPS CAGR (3Y) 27.9% -27.9% -20.9%
Operating cash flow growth (1Y) -20.9% 14.9% 29.4%
Operating cash flow CAGR (3Y) 35.5% 46.5% 16.8%
Free cash flow growth (1Y) -25.1% 14.0% –
Free cash flow CAGR (3Y) 37.4% 117.7% –

Profitability

14 metrics
MetricAPIBANDSPOK
Gross margin 64.5% 37.2% –
EBITDA margin 0.0% 5.9% –
Operating margin -3.4% -1.8% –
Pretax margin 7.3% -0.7% –
Net margin 7.2% -0.3% –
FCF margin 9.7% 9.3% –
Operating cash flow margin 8.9% 11.9% 24.7%
Return on equity – 0.6% –
Return on assets 1.6% 0.2% –
Return on invested capital – 0.0% –
Return on capital employed -0.8% -1.7% –
Asset turnover 0.2x 0.8x 0.7x
Cash conversion (OCF / net income) 1.2x 43.5x 1.8x
Stock comp / revenue 3.0% 6.3% 4.4%

Financial Health

11 metrics
MetricAPIBANDSPOK
Debt / assets 0.2% 30.0% –
Debt / equity – 0.9x –
Net debt / EBITDA 1,164x 3.2x –
Debt / FCF 0.1x 4.3x –
Liabilities / assets 24.1% 65.7% 27.1%
Equity / assets – 34.3% 72.9%
Interest coverage -86.5x – –
Current ratio 5.1x 2.0x 1.3x
Quick ratio 1.3x 2.3x –
Cash ratio 1.0x 1.2x –
Altman Z-score – 2.02 –

Shareholder Returns

7 metrics
MetricAPIBANDSPOK
Dividend yield – – 12.2%
Net buyback yield – 1.3% –
Shareholder yield – 1.3% 12.2%
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.

ConsensusAPIBANDSPOK
Forward P/E 31.9xFY2026 28.3xFY2026 15.9xFY2026
EPS, next fiscal year $0.14FY2026 $1.71FY2026 $0.64FY2026
EPS growth, next FY +40.0%FY2026 +19.6%FY2026 -14.7%FY2026
EPS growth, the year after +107.1% +15.8% -34.4%
Revenue, next fiscal year $171.35MFY2026 $938.18MFY2026 $144.30MFY2026
Revenue growth, next FY +21.5%FY2026 +24.5%FY2026 +3.3%FY2026
Revenue growth, the year after +1.5% -3.9% -1.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPIBANDSPOK
Held by institutions 21.2% 98.8% 51.6%
Institutions holding 59 240 131
Change in shares held, QoQ -1.9% +27.1% +3.0%
Institutions buying 27 171 76
Institutions selling 18 52 40
Buyers to sellers 1.50 3.29 1.90

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.

APIBANDSPOK
API 1.00 0.16 0.06
BAND 0.16 1.00 -0.02
SPOK 0.06 -0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, API, BAND and SPOK?

Bandwidth (BAND) is the largest by market capitalisation: Agora (API) $411.59M, Bandwidth (BAND) $1.67B, Spok Holdings (SPOK) $240.10M.

Which stock is cheaper, API, BAND and SPOK?

Spok Holdings (SPOK) trades on the lowest price-to-earnings ratio (Agora (API) 37.5x, Bandwidth (BAND) -663.3x, Spok Holdings (SPOK) 12.8x). On next year's consensus earnings, Spok Holdings (SPOK) is cheapest (Agora (API) 31.9x, Bandwidth (BAND) 28.3x, Spok Holdings (SPOK) 15.9x). 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%, Bandwidth (BAND) +9.3%, Spok Holdings (SPOK) -3.3%.

Which company is more profitable?

Agora (API) has the highest net margin (Agora (API) 7.2%, Bandwidth (BAND) -0.3%).

Which stock has performed better?

Over the past year Bandwidth (BAND) returned the most: Agora (API) +27.1%, Bandwidth (BAND) +185.8%, Spok Holdings (SPOK) -38.0%. Over five years, Spok Holdings (SPOK) compounded fastest (Agora (API) -27.2%/yr, Bandwidth (BAND) -10.7%/yr, Spok Holdings (SPOK) -0.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Spok Holdings (SPOK) has been the steadiest (Agora (API) 48.9%, Bandwidth (BAND) 95.1%, Spok Holdings (SPOK) 31.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, API, BAND and SPOK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Spok Holdings (SPOK) leads on 5. 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.