BAND vs RNG vs API Stock Comparison

Bandwidth, RingCentral and Agora Prices as of Oct 26, 2026 Peers: Industry group
BAND Bandwidth Inc.
$46.89 -24.1% 1M +180.6% 1Y
Market cap
$1.59B
P/E
–
Revenue (TTM)
$828.24M
Div. yield
–
Communications Platforms Technology
1 win
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
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
2 wins

Head to Head

11 decided of 12

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

QuestionBANDRNGAPILeader
Larger companyMarket capitalisation $1.59B $7.17B $412.05M RNG
Cheaper on earningsLower P/E, profitable companies only -631.1x 10.8x 37.6x RNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.4x 16.4x 32.0x RNG
Faster revenue growthRevenue growth, trailing twelve months +9.3% +5.5% +13.6% API
More profitableNet margin, trailing twelve months -0.3% 25.3% 7.2% RNG
Better return on capitalReturn on invested capital 0.0% 26.1% — RNG
Less leveragedLower net debt / EBITDA 3.2x 1.5x 1,164x RNG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +180.6% +188.1% +24.4% RNG
Better 5-year returnAnnualised price return, 5 years -11.1%/yr -18.3%/yr -28.9%/yr BAND
Less volatileAnnualised volatility, 1 year 95.1% 67.7% 49.0% API
Higher overall scoreMean of the five percentile scores vs peers 33/100 58/100 42/100 RNG

Percentile Scorecard

BANDRNGAPI

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

AxisBANDRNGAPI
Valuation 39 #18 of 29 68 #10 of 29 18 #24 of 29
Growth 27 #20 of 27 65 #10 of 27 54 #13 of 27
Profitability 28 #19 of 26 76 #7 of 26 20 #21 of 26
Financial Health 43 #18 of 31 20 #25 of 31 77 #8 of 31
Shareholder Returns 25 #13 of 17 63 #7 of 17 –
Overall 33 58 42
  • BAND ranked among 32 companies in Workplace Software
  • RNG ranked among 32 companies in Workplace Software
  • API ranked among 32 companies in Workplace Software

Price Performance

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

Returns

PeriodBANDRNGAPISPY
1 month -24.1%+13.4%+6.4% -0.8%
3 months -18.0%+60.5%+12.6% +3.5%
6 months +94.5%+113.5%+26.2% +7.0%
Year to date +203.5%+199.0%+10.1% +12.2%
1 year +180.6%+188.1%+24.4% +13.0%
3 years +390.5%+241.3%+51.4% +86.3%
3 years, per year +70.0%+50.6%+14.8% +23.1%
5 years -44.5%-63.6%-81.9% +68.6%
5 years, per year -11.1%-18.3%-28.9% +11.0%
10 years —+300.7%— +258.0%
10 years, per year —+14.9%— +13.6%

Risk

MeasureBANDRNGAPISPY
Volatility, 1Y 95.1%67.7%49.0% 12.7%
Downside volatility, 1Y 91.0%56.0%45.6% 12.7%
Beta vs S&P 500, 1Y 2.441.140.89 1.00
Return / volatility, 1Y 1.902.780.50 1.02
Max drawdown, 5Y -89.3%-92.4%-93.1% -25.4%
From 52-week high -40.2%0.0%-14.8% -1.8%
52-week high $78.44$86.35$5.26 $779.14
52-week low $12.82$24.82$3.24 $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.

MultipleBANDRNGAPI
P/E now vs peer median -598.3xmedian 31.9x 10.9xmedian 31.9x 37.6xmedian 31.9x
P/S now vs peer median 1.7xmedian 2.4x 2.8xmedian 2.4x 3.5xmedian 2.4x
EV/EBITDA now vs peer median 32.5xmedian 11.5x 14.1xmedian 11.5x -7,072xmedian 11.5x
P/FCF now vs peer median 18.7xmedian 14.2x 10.9xmedian 14.2x 35.9xmedian 14.2x
P/B now vs peer median 3.8xmedian 3.0x -588.8xmedian 3.0x —median 3.0x
PEG now vs peer median 21.43median 0.77 0.20median 0.77 1.35median 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 monthsBANDRNGAPI
Revenue $828.24M $2.62B $151.69M
Gross profit $308.33M $1.89B $97.83M
Operating income -$15.11M $196.64M -$5.19M
Net income $2.26M $662.40M $10.97M
Free cash flow $77.35M $667.24M $14.67M
R&D $145.95M $330.14M $57.28M
EPS (diluted) $-0.08 $7.55 $0.11
Cash & equivalents $169.90M $110.12M $72.67M
Total debt $330.77M $1.01B $1.34M
Shares (diluted) 33.49M 87.69M 98.86M
Enterprise value $1.17B $6.69B $62.90M

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
MetricBANDRNGAPI
P/E -598.3x 10.9x 37.6x
P/FCF 18.7x 10.9x 35.9x
P/Operating cash flow 14.7x 10.4x 38.9x
P/S 1.7x 2.8x 3.5x
P/B 3.8x -588.8x –
P/Tangible book 5.6x -129.3x –
EV/EBITDA 32.5x 14.1x -7,072x
EV/EBIT -105.9x 41.7x -87.2x
EV/Revenue 1.9x 3.1x 3.0x
EV/FCF 20.7x 12.3x 30.9x
EV/Operating cash flow 16.3x 11.7x 33.4x
PEG (3Y EPS CAGR) 21.43 0.20 1.35

Growth

14 metrics
MetricBANDRNGAPI
Revenue growth (1Y) 9.3% 5.5% 13.6%
Revenue CAGR (3Y) 12.0% 6.7% 0.0%
Gross profit growth (1Y) 5.3% 7.0% 9.3%
Gross profit CAGR (3Y) 8.4% 8.0% 1.7%
Operating income growth (1Y) -25.9% 109.8% 85.7%
Operating income CAGR (3Y) 18.3% 35.4% 65.3%
Net income growth (1Y) 122.6% 4,905% 149.5%
Net income CAGR (3Y) -58.8% 53.9% 27.8%
EPS growth (1Y) 77.6% 5,149% 146.7%
EPS CAGR (3Y) -27.9% 55.7% 27.9%
Operating cash flow growth (1Y) 14.9% 16.3% -20.9%
Operating cash flow CAGR (3Y) 46.5% 29.1% 35.5%
Free cash flow growth (1Y) 14.0% 16.5% -25.1%
Free cash flow CAGR (3Y) 117.7% 30.7% 37.4%

Profitability

14 metrics
MetricBANDRNGAPI
Gross margin 37.2% 72.2% 64.5%
EBITDA margin 5.9% 22.2% 0.0%
Operating margin -1.8% 7.5% -3.4%
Pretax margin -0.7% 5.0% 7.3%
Net margin -0.3% 25.3% 7.2%
FCF margin 9.3% 25.5% 9.7%
Operating cash flow margin 11.9% 26.7% 8.9%
Return on equity 0.6% – –
Return on assets 0.2% 40.7% 1.6%
Return on invested capital 0.0% 26.1% –
Return on capital employed -1.7% 20.7% -0.8%
Asset turnover 0.8x 1.6x 0.2x
Cash conversion (OCF / net income) 43.5x 1.1x 1.2x
Stock comp / revenue 6.3% 9.2% 3.0%

Financial Health

11 metrics
MetricBANDRNGAPI
Debt / assets 30.0% 53.9% 0.2%
Debt / equity 0.9x -81.6x –
Net debt / EBITDA 3.2x 1.5x 1,164x
Debt / FCF 4.3x 1.5x 0.1x
Liabilities / assets 65.7% 100.7% 24.1%
Equity / assets 34.3% -0.7% –
Interest coverage – 3.1x -86.5x
Current ratio 2.0x 1.1x 5.1x
Quick ratio 2.3x 0.9x 1.3x
Cash ratio 1.2x 0.2x 1.0x
Altman Z-score 1.98 3.27 –

Shareholder Returns

7 metrics
MetricBANDRNGAPI
Dividend yield – 0.3% –
Net buyback yield 1.4% 4.4% –
Shareholder yield 1.4% 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.

ConsensusBANDRNGAPI
Forward P/E 27.4xFY2026 16.4xFY2026 32.0xFY2026
EPS, next fiscal year $1.71FY2026 $5.28FY2026 $0.14FY2026
EPS growth, next FY +19.6%FY2026 +21.1%FY2026 +40.0%FY2026
EPS growth, the year after +15.8% +0.6% +107.1%
Revenue, next fiscal year $938.18MFY2026 $2.76BFY2026 $171.35MFY2026
Revenue growth, next FY +24.5%FY2026 +9.7%FY2026 +21.5%FY2026
Revenue growth, the year after -3.9% -3.9% +1.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBANDRNGAPI
Held by institutions 98.8% 100.0% 21.2%
Institutions holding 240 379 59
Change in shares held, QoQ +27.1% +2.0% -1.9%
Institutions buying 171 212 27
Institutions selling 52 121 18
Buyers to sellers 3.29 1.75 1.50

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.

BANDRNGAPI
BAND 1.00 0.31 0.16
RNG 0.31 1.00 0.23
API 0.16 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BAND, RNG and API?

RingCentral (RNG) is the largest by market capitalisation: Bandwidth (BAND) $1.59B, RingCentral (RNG) $7.17B, Agora (API) $412.05M.

Which stock is cheaper, BAND, RNG and API?

RingCentral (RNG) trades on the lowest price-to-earnings ratio (Bandwidth (BAND) -631.1x, RingCentral (RNG) 10.8x, Agora (API) 37.6x). On next year's consensus earnings, RingCentral (RNG) is cheapest (Bandwidth (BAND) 27.4x, RingCentral (RNG) 16.4x, Agora (API) 32.0x). 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: Bandwidth (BAND) +9.3%, RingCentral (RNG) +5.5%, Agora (API) +13.6%.

Which company is more profitable?

RingCentral (RNG) has the highest net margin (Bandwidth (BAND) -0.3%, RingCentral (RNG) 25.3%, Agora (API) 7.2%). On return on invested capital, RingCentral (RNG) leads (Bandwidth (BAND) 0.0%, RingCentral (RNG) 26.1%).

Which stock has performed better?

Over the past year RingCentral (RNG) returned the most: Bandwidth (BAND) +180.6%, RingCentral (RNG) +188.1%, Agora (API) +24.4%. Over five years, Bandwidth (BAND) compounded fastest (Bandwidth (BAND) -11.1%/yr, RingCentral (RNG) -18.3%/yr, Agora (API) -28.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Agora (API) has been the steadiest (Bandwidth (BAND) 95.1%, RingCentral (RNG) 67.7%, Agora (API) 49.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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.