API vs NICE vs RNG Stock Comparison

Agora, Nice 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
$527.09M
P/E
37.6x
Revenue (TTM)
$151.69M
Div. yield
–
Communications Platforms Technology
1 win
NICE NICE Ltd.
$122.41 +8.5% 1M -7.5% 1Y
Market cap
$7.40B
P/E
8.0x
Revenue (TTM)
$5.91B
Div. yield
–
Communications Platforms Technology
6 wins
RNG RingCentral, Inc.
$86.35 +13.4% 1M +188.1% 1Y
Market cap
$7.29B
P/E
10.9x
Revenue (TTM)
$2.62B
Div. yield
0.31%
Communications Platforms Technology
3 wins

Head to Head

10 decided of 12

Nice leads on 6 of the 12 questions below (Nice 6, RingCentral 3, Agora 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPINICERNGLeader
Larger companyMarket capitalisation $527.09M $7.40B $7.29B NICE
Cheaper on earningsLower P/E, profitable companies only 37.6x 8.0x 10.9x NICE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.0x 11.2x 16.6x NICE
Faster revenue growthRevenue growth, trailing twelve months +13.6% +22.9% +5.5% NICE
More profitableNet margin, trailing twelve months 7.2% 16.2% 25.3% RNG
Better return on capitalReturn on invested capital — — 26.1% –
Less leveragedLower net debt / EBITDA 1,164x — 1.5x RNG
Higher dividend yieldTrailing dividend yield — 0.00% 0.31% –
Better 1-year returnPrice return, last 12 months +24.4% -7.5% +188.1% RNG
Better 5-year returnAnnualised price return, 5 years -28.9%/yr -15.0%/yr -18.3%/yr NICE
Less volatileAnnualised volatility, 1 year 49.0% 55.3% 67.7% API
Higher overall scoreMean of the five percentile scores vs peers 37/100 59/100 57/100 NICE

Percentile Scorecard

APINICERNG

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

AxisAPINICERNG
Valuation 15 #12 of 14 100 #1 of 14 54 #7 of 14
Growth 46 #7 of 12 82 #3 of 12 64 #5 of 12
Profitability 10 #10 of 11 90 #2 of 11 80 #3 of 11
Financial Health 79 #4 of 15 21 #12 of 15 14 #13 of 15
Shareholder Returns – 0 #8 of 8 71 #3 of 8
Overall 37 59 57
  • API ranked among 16 companies in Workplace Software
  • NICE ranked among 16 companies in Workplace Software
  • RNG ranked among 16 companies in Workplace Software

Price Performance

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

Returns

PeriodAPINICERNGSPY
1 month +6.4%+8.5%+13.4% -0.8%
3 months +12.6%+28.8%+60.5% +3.5%
6 months +26.2%+21.2%+113.5% +7.0%
Year to date +10.1%+8.3%+199.0% +12.2%
1 year +24.4%-7.5%+188.1% +13.0%
3 years +51.4%-19.5%+241.3% +86.3%
3 years, per year +14.8%-7.0%+50.6% +23.1%
5 years -81.9%-55.6%-63.6% +68.6%
5 years, per year -28.9%-15.0%-18.3% +11.0%
10 years —+83.7%+300.7% +258.0%
10 years, per year —+6.3%+14.9% +13.6%

Risk

MeasureAPINICERNGSPY
Volatility, 1Y 49.0%55.3%67.7% 12.7%
Downside volatility, 1Y 45.6%59.5%56.0% 12.7%
Beta vs S&P 500, 1Y 0.890.231.14 1.00
Return / volatility, 1Y 0.50-0.142.78 1.02
Max drawdown, 5Y -93.1%-73.6%-92.4% -25.4%
From 52-week high -14.8%-10.6%0.0% -1.8%
52-week high $5.26$136.90$86.35 $779.14
52-week low $3.24$83.15$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.

MultipleAPINICERNG
P/E now vs peer median 37.6xmedian 31.9x 8.0xmedian 31.9x 10.9xmedian 31.9x
P/S now vs peer median 3.5xmedian 2.3x 1.3xmedian 2.3x 2.8xmedian 2.3x
EV/EBITDA now vs peer median -7,072xmedian 7.7x 4.6xmedian 7.7x 14.1xmedian 7.7x
P/FCF now vs peer median 35.9xmedian 12.2x 6.9xmedian 12.2x 10.9xmedian 12.2x
P/B now vs peer median —median 1.7x —median 1.7x -588.8xmedian 1.7x
PEG now vs peer median 1.35median 1.00 0.14median 1.00 0.20median 1.00

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 monthsAPINICERNG
Revenue $151.69M $5.91B $2.62B
Gross profit $97.83M $3.89B $1.89B
Operating income -$5.19M $1.14B $196.64M
Net income $10.97M $955.10M $662.40M
Free cash flow $14.67M $1.08B $667.24M
R&D $57.28M $745.97M $330.14M
EPS (diluted) $0.11 $15.08 $7.55
Cash & equivalents $72.67M $315.38M $110.12M
Total debt $1.34M – $1.01B
Shares (diluted) 98.86M 63.32M 87.69M
Enterprise value $177.95M $5.86B $6.82B

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
MetricAPINICERNG
P/E 37.6x 8.0x 10.9x
P/FCF 35.9x 6.9x 10.9x
P/Operating cash flow 38.9x 5.4x 10.4x
P/S 3.5x 1.3x 2.8x
P/B – – -588.8x
P/Tangible book – – -129.3x
EV/EBITDA -7,072x 4.6x 14.1x
EV/EBIT -87.2x 6.2x 41.7x
EV/Revenue 3.0x 1.2x 3.1x
EV/FCF 30.9x 6.5x 12.3x
EV/Operating cash flow 33.4x 5.2x 11.7x
PEG (3Y EPS CAGR) 1.35 0.14 0.20

Growth

14 metrics
MetricAPINICERNG
Revenue growth (1Y) 13.6% 22.9% 5.5%
Revenue CAGR (3Y) 0.0% 50.0% 6.7%
Gross profit growth (1Y) 9.3% 21.5% 7.0%
Gross profit CAGR (3Y) 1.7% 48.5% 8.0%
Operating income growth (1Y) 85.7% 16.2% 109.8%
Operating income CAGR (3Y) 65.3% 55.1% 35.4%
Net income growth (1Y) 149.5% 5.6% 4,905%
Net income CAGR (3Y) 27.8% 56.6% 53.9%
EPS growth (1Y) 146.7% 9.2% 5,149%
EPS CAGR (3Y) 27.9% 59.1% 55.7%
Operating cash flow growth (1Y) -20.9% -1.4% 16.3%
Operating cash flow CAGR (3Y) 35.5% 59.1% 29.1%
Free cash flow growth (1Y) -25.1% -16.3% 16.5%
Free cash flow CAGR (3Y) 37.4% 38.2% 30.7%

Profitability

14 metrics
MetricAPINICERNG
Gross margin 64.5% 65.8% 72.2%
EBITDA margin 0.0% 26.2% 22.2%
Operating margin -3.4% 19.2% 7.5%
Pretax margin 7.3% 21.3% 5.0%
Net margin 7.2% 16.2% 25.3%
FCF margin 9.7% 18.3% 25.5%
Operating cash flow margin 8.9% 23.1% 26.7%
Return on equity – – –
Return on assets 1.6% 18.9% 40.7%
Return on invested capital – – 26.1%
Return on capital employed -0.8% 28.8% 20.7%
Asset turnover 0.2x 1.2x 1.6x
Cash conversion (OCF / net income) 1.2x 1.4x 1.1x
Stock comp / revenue 3.0% 5.4% 9.2%

Financial Health

11 metrics
MetricAPINICERNG
Debt / assets 0.2% – 53.9%
Debt / equity – – -81.6x
Net debt / EBITDA 1,164x – 1.5x
Debt / FCF 0.1x – 1.5x
Liabilities / assets 24.1% – 100.7%
Equity / assets – – -0.7%
Interest coverage -86.5x – 3.1x
Current ratio 5.1x 1.3x 1.1x
Quick ratio 1.3x 1.1x 0.9x
Cash ratio 1.0x 0.3x 0.2x
Altman Z-score – – 3.27

Shareholder Returns

7 metrics
MetricAPINICERNG
Dividend yield – – 0.3%
Net buyback yield – -18.8% 4.4%
Shareholder yield – -18.8% 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.

ConsensusAPINICERNG
Forward P/E 32.0xFY2026 11.2xFY2026 16.6xFY2026
EPS, next fiscal year $0.14FY2026 $10.91FY2026 $5.20FY2026
EPS growth, next FY +40.0%FY2026 -11.3%FY2026 +19.3%FY2026
EPS growth, the year after +107.1% +19.1% +3.3%
Revenue, next fiscal year $171.35MFY2026 $3.32BFY2026 $2.75BFY2026
Revenue growth, next FY +21.5%FY2026 +12.5%FY2026 +9.3%FY2026
Revenue growth, the year after +1.5% -2.0% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPINICERNG
Held by institutions 21.2% 56.3% 100.0%
Institutions holding 59 320 379
Change in shares held, QoQ -1.9% +7.0% +2.0%
Institutions buying 27 145 212
Institutions selling 18 131 121
Buyers to sellers 1.50 1.11 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.

APINICERNG
API 1.00 0.13 0.23
NICE 0.13 1.00 0.54
RNG 0.23 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, API, NICE and RNG?

Nice (NICE) is the largest by market capitalisation: Agora (API) $527.09M, Nice (NICE) $7.40B, RingCentral (RNG) $7.29B.

Which stock is cheaper, API, NICE and RNG?

Nice (NICE) trades on the lowest price-to-earnings ratio (Agora (API) 37.6x, Nice (NICE) 8.0x, RingCentral (RNG) 10.9x). On next year's consensus earnings, Nice (NICE) is cheapest (Agora (API) 32.0x, Nice (NICE) 11.2x, RingCentral (RNG) 16.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nice (NICE) grew revenue fastest over the trailing twelve months: Agora (API) +13.6%, Nice (NICE) +22.9%, RingCentral (RNG) +5.5%.

Which company is more profitable?

RingCentral (RNG) has the highest net margin (Agora (API) 7.2%, Nice (NICE) 16.2%, RingCentral (RNG) 25.3%).

Which stock has performed better?

Over the past year RingCentral (RNG) returned the most: Agora (API) +24.4%, Nice (NICE) -7.5%, RingCentral (RNG) +188.1%. Over five years, Nice (NICE) compounded fastest (Agora (API) -28.9%/yr, Nice (NICE) -15.0%/yr, RingCentral (RNG) -18.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Nice (NICE) 0.00%, RingCentral (RNG) 0.31%. Agora (API) and Nice (NICE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Agora (API) has been the steadiest (Agora (API) 49.0%, Nice (NICE) 55.3%, RingCentral (RNG) 67.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, API, NICE 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, Nice (NICE) 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.