API vs COE vs ZM Stock Comparison

Agora, 51Talk Online Education and Zoom Communications 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
ZM Zoom Communications, Inc.
$98.04 +9.3% 1M +16.3% 1Y
Market cap
$28.53B
P/E
8.9x
Revenue (TTM)
$4.97B
Div. yield
–
Communications Platforms Technology
6 wins

Head to Head

9 decided of 12

Zoom Communications leads on 6 of the 12 questions below (Zoom Communications 6, 51Talk Online Education 2, Agora 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPICOEZMLeader
Larger companyMarket capitalisation $412.05M $270.98M $28.53B ZM
Cheaper on earningsLower P/E, profitable companies only 37.6x -15.9x 8.9x ZM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.0x — 15.2x ZM
Faster revenue growthRevenue growth, trailing twelve months +13.6% +74.9% +4.6% COE
More profitableNet margin, trailing twelve months 7.2% -14.1% 64.1% ZM
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA 1,164x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +24.4% -75.7% +16.3% API
Better 5-year returnAnnualised price return, 5 years -28.9%/yr +3.5%/yr -18.5%/yr COE
Less volatileAnnualised volatility, 1 year 49.0% 72.4% 44.8% ZM
Higher overall scoreMean of the five percentile scores vs peers 42/100 43/100 80/100 ZM

Percentile Scorecard

APICOEZM

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

AxisAPICOEZM
Valuation 18 #24 of 29 48 #47 of 90 71 #9 of 29
Growth 54 #13 of 27 61 #33 of 82 69 #9 of 27
Profitability 20 #21 of 26 54 #36 of 77 84 #5 of 26
Financial Health 77 #8 of 31 11 #86 of 96 97 #2 of 31
Shareholder Returns – – –
Overall 42 43 80
  • API ranked among 32 companies in Workplace Software
  • COE ranked among 99 companies in Vertical Software
  • ZM ranked among 32 companies in Workplace Software

Price Performance

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

Returns

PeriodAPICOEZMSPY
1 month +6.4%-0.3%+9.3% -0.8%
3 months +12.6%-32.6%+7.5% +3.5%
6 months +26.2%-56.2%+7.9% +7.0%
Year to date +10.1%-63.9%+13.6% +12.2%
1 year +24.4%-75.7%+16.3% +13.0%
3 years +51.4%+44.1%+65.4% +86.3%
3 years, per year +14.8%+13.0%+18.3% +23.1%
5 years -81.9%+18.6%-64.1% +68.6%
5 years, per year -28.9%+3.5%-18.5% +11.0%
10 years —-84.0%— +258.0%
10 years, per year —-16.7%— +13.6%

Risk

MeasureAPICOEZMSPY
Volatility, 1Y 49.0%72.4%44.8% 12.7%
Downside volatility, 1Y 45.6%76.1%42.6% 12.7%
Beta vs S&P 500, 1Y 0.890.851.03 1.00
Return / volatility, 1Y 0.50-1.050.36 1.02
Max drawdown, 5Y -93.1%-82.0%-80.6% -25.4%
From 52-week high -14.8%-77.5%-12.4% -1.8%
52-week high $5.26$51.18$111.88 $779.14
52-week low $3.24$10.01$72.72 $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.

MultipleAPICOEZM
P/E now vs peer median 37.6xmedian 31.9x -16.0xmedian 42.4x 9.0xmedian 31.9x
P/S now vs peer median 3.5xmedian 2.4x 2.3xmedian 2.7x 5.8xmedian 2.4x
EV/EBITDA now vs peer median -7,072xmedian 11.5x —median 19.0x 13.9xmedian 11.5x
P/FCF now vs peer median 35.9xmedian 14.2x —median 19.4x 14.2xmedian 14.2x
P/B now vs peer median —median 3.0x -7.5xmedian 1.8x 2.5xmedian 3.0x
PEG now vs peer median 1.35median 0.77 1.00median 1.75 0.05median 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 monthsAPICOEZM
Revenue $151.69M $120.53M $4.97B
Gross profit $97.83M $88.35M $3.84B
Operating income -$5.19M -$13.29M $1.20B
Net income $10.97M -$11.57M $3.19B
Free cash flow $14.67M – –
R&D $57.28M $7.56M $881.96M
EPS (diluted) $0.11 $-0.72 $10.64
Cash & equivalents $72.67M $39.98M $931.99M
Total debt $1.34M – –
Shares (diluted) 98.86M 23.67M 299.75M
Enterprise value $62.90M $134.28M -$2.26B

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
MetricAPICOEZM
P/E 37.6x -16.0x 9.0x
P/FCF 35.9x – 14.2x
P/Operating cash flow 38.9x – –
P/S 3.5x 2.3x 5.8x
P/B – -7.5x 2.5x
P/Tangible book – -7.5x 2.5x
EV/EBITDA -7,072x – 13.9x
EV/EBIT -87.2x -17.8x 17.9x
EV/Revenue 3.0x 2.0x 4.3x
EV/FCF 30.9x – –
EV/Operating cash flow 33.4x – –
PEG (3Y EPS CAGR) 1.35 1.00 0.05

Growth

14 metrics
MetricAPICOEZM
Revenue growth (1Y) 13.6% 74.9% 4.6%
Revenue CAGR (3Y) 0.0% 77.8% 3.7%
Gross profit growth (1Y) 9.3% 67.1% 5.7%
Gross profit CAGR (3Y) 1.7% 73.8% 4.5%
Operating income growth (1Y) 85.7% -110.8% 23.2%
Operating income CAGR (3Y) 65.3% -9.0% 112.9%
Net income growth (1Y) 149.5% -114.9% 168.3%
Net income CAGR (3Y) 27.8% 35.6% 182.3%
EPS growth (1Y) 146.7% -132.4% 175.9%
EPS CAGR (3Y) 27.9% -16.0% 184.2%
Operating cash flow growth (1Y) -20.9% – –
Operating cash flow CAGR (3Y) 35.5% – –
Free cash flow growth (1Y) -25.1% – –
Free cash flow CAGR (3Y) 37.4% – –

Profitability

14 metrics
MetricAPICOEZM
Gross margin 64.5% 73.3% 77.2%
EBITDA margin 0.0% – 30.9%
Operating margin -3.4% -11.0% 24.1%
Pretax margin 7.3% -12.5% 82.5%
Net margin 7.2% -14.1% 64.1%
FCF margin 9.7% – –
Operating cash flow margin 8.9% – –
Return on equity – – 30.2%
Return on assets 1.6% -17.1% 25.0%
Return on invested capital – – –
Return on capital employed -0.8% – 11.2%
Asset turnover 0.2x 1.8x 0.4x
Cash conversion (OCF / net income) 1.2x – –
Stock comp / revenue 3.0% – –

Financial Health

11 metrics
MetricAPICOEZM
Debt / assets 0.2% – –
Debt / equity – – –
Net debt / EBITDA 1,164x – –
Debt / FCF 0.1x – –
Liabilities / assets 24.1% 153.1% 16.8%
Equity / assets – -53.1% 83.2%
Interest coverage -86.5x – –
Current ratio 5.1x 0.6x 3.8x
Quick ratio 1.3x 0.4x 3.7x
Cash ratio 1.0x 0.4x 3.4x
Altman Z-score – – 9.51

Shareholder Returns

7 metrics
MetricAPICOEZM
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – 0.0% –
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.

ConsensusAPICOEZM
Forward P/E 32.0xFY2026 – 15.2xFY2026
EPS, next fiscal year $0.14FY2026 $-0.06FY2027 $6.45FY2026
EPS growth, next FY +40.0%FY2026 – +9.0%FY2026
EPS growth, the year after +107.1% – +2.8%
Revenue, next fiscal year $171.35MFY2026 $179.19MFY2026 $4.76BFY2026
Revenue growth, next FY +21.5%FY2026 +89.7%FY2026 -2.4%FY2026
Revenue growth, the year after +1.5% +56.9% +8.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPICOEZM
Held by institutions 21.2% – 67.2%
Institutions holding 59 – 862
Change in shares held, QoQ -1.9% – +2.9%
Institutions buying 27 – 477
Institutions selling 18 – 279
Buyers to sellers 1.50 – 1.71

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.

APICOEZM
API 1.00 0.17 0.27
COE 0.17 1.00 0.12
ZM 0.27 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, API, COE and ZM?

Zoom Communications (ZM) is the largest by market capitalisation: Agora (API) $412.05M, 51Talk Online Education (COE) $270.98M, Zoom Communications (ZM) $28.53B.

Which stock is cheaper, API, COE and ZM?

Zoom Communications (ZM) trades on the lowest price-to-earnings ratio (Agora (API) 37.6x, 51Talk Online Education (COE) -15.9x, Zoom Communications (ZM) 8.9x). On next year's consensus earnings, Zoom Communications (ZM) is cheapest (Agora (API) 32.0x, Zoom Communications (ZM) 15.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

51Talk Online Education (COE) grew revenue fastest over the trailing twelve months: Agora (API) +13.6%, 51Talk Online Education (COE) +74.9%, Zoom Communications (ZM) +4.6%.

Which company is more profitable?

Zoom Communications (ZM) has the highest net margin (Agora (API) 7.2%, 51Talk Online Education (COE) -14.1%, Zoom Communications (ZM) 64.1%).

Which stock has performed better?

Over the past year Agora (API) returned the most: Agora (API) +24.4%, 51Talk Online Education (COE) -75.7%, Zoom Communications (ZM) +16.3%. Over five years, 51Talk Online Education (COE) compounded fastest (Agora (API) -28.9%/yr, 51Talk Online Education (COE) +3.5%/yr, Zoom Communications (ZM) -18.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Zoom Communications (ZM) has been the steadiest (Agora (API) 49.0%, 51Talk Online Education (COE) 72.4%, Zoom Communications (ZM) 44.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, API, COE and ZM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Zoom Communications (ZM) leads on 6. 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.