EGHT vs RNG vs API Stock Comparison

8X8, RingCentral and Agora Prices as of Oct 26, 2026 Peers: Industry group
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EGHT 8X8 Inc /De/
$2.20 -4.3% 1M +11.7% 1Y
Market cap
$313.65M
P/E
–
Revenue (TTM)
—
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
7 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

10 decided of 12

RingCentral leads on 7 of the 12 questions below (RingCentral 7, Agora 2, 8X8 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEGHTRNGAPILeader
Larger companyMarket capitalisation $313.65M $7.17B $412.05M RNG
Cheaper on earningsLower P/E, profitable companies only — 10.8x 37.6x RNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.5x 16.4x 32.0x EGHT
Faster revenue growthRevenue growth, trailing twelve months — +5.5% +13.6% API
More profitableNet margin, trailing twelve months — 25.3% 7.2% RNG
Better return on capitalReturn on invested capital — 26.1% — –
Less leveragedLower net debt / EBITDA — 1.5x 1,164x RNG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +11.7% +188.1% +24.4% RNG
Better 5-year returnAnnualised price return, 5 years -37.1%/yr -18.3%/yr -28.9%/yr RNG
Less volatileAnnualised volatility, 1 year 83.0% 67.7% 49.0% API
Higher overall scoreMean of the five percentile scores vs peers — 58/100 42/100 RNG

Percentile Scorecard

EGHTRNGAPI

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

AxisEGHTRNGAPI
Valuation – 68 #10 of 29 18 #24 of 29
Growth – 65 #10 of 27 54 #13 of 27
Profitability – 76 #7 of 26 20 #21 of 26
Financial Health 33 #21 of 31 20 #25 of 31 77 #8 of 31
Shareholder Returns – 63 #7 of 17 –
Overall – 58 42
  • EGHT 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

PeriodEGHTRNGAPISPY
1 month -4.3%+13.4%+6.4% -0.8%
3 months +18.9%+60.5%+12.6% +3.5%
6 months +21.5%+113.5%+26.2% +7.0%
Year to date +11.7%+199.0%+10.1% +12.2%
1 year +11.7%+188.1%+24.4% +13.0%
3 years -5.2%+241.3%+51.4% +86.3%
3 years, per year -1.8%+50.6%+14.8% +23.1%
5 years -90.1%-63.6%-81.9% +68.6%
5 years, per year -37.1%-18.3%-28.9% +11.0%
10 years -85.3%+300.7%— +258.0%
10 years, per year -17.5%+14.9%— +13.6%

Risk

MeasureEGHTRNGAPISPY
Volatility, 1Y 83.0%67.7%49.0% 12.7%
Downside volatility, 1Y 68.9%56.0%45.6% 12.7%
Beta vs S&P 500, 1Y 0.901.140.89 1.00
Return / volatility, 1Y 0.142.780.50 1.02
Max drawdown, 5Y -93.3%-92.4%-93.1% -25.4%
From 52-week high -20.3%0.0%-14.8% -1.8%
52-week high $2.76$86.35$5.26 $779.14
52-week low $1.59$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.

MultipleEGHTRNGAPI
P/E now vs peer median —median 31.9x 10.9xmedian 31.9x 37.6xmedian 31.9x
P/S now vs peer median —median 2.4x 2.8xmedian 2.4x 3.5xmedian 2.4x
EV/EBITDA now vs peer median —median 11.5x 14.1xmedian 11.5x -7,072xmedian 11.5x
P/FCF now vs peer median —median 14.2x 10.9xmedian 14.2x 35.9xmedian 14.2x
P/B now vs peer median 2.1xmedian 3.0x -588.8xmedian 3.0x —median 3.0x
PEG now vs peer median —median 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 monthsEGHTRNGAPI
Revenue – $2.62B $151.69M
Gross profit – $1.89B $97.83M
Operating income – $196.64M -$5.19M
Net income – $662.40M $10.97M
Free cash flow – $667.24M $14.67M
R&D – $330.14M $57.28M
EPS (diluted) – $7.55 $0.11
Cash & equivalents $93.26M $110.12M $72.67M
Total debt $121.65M $1.01B $1.34M
Shares (diluted) 142.93M 87.69M 98.86M
Enterprise value -$23.67M $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
MetricEGHTRNGAPI
P/E – 10.9x 37.6x
P/FCF – 10.9x 35.9x
P/Operating cash flow – 10.4x 38.9x
P/S – 2.8x 3.5x
P/B 2.1x -588.8x –
P/Tangible book 3.4x -129.3x –
EV/EBITDA – 14.1x -7,072x
EV/EBIT – 41.7x -87.2x
EV/Revenue – 3.1x 3.0x
EV/FCF – 12.3x 30.9x
EV/Operating cash flow – 11.7x 33.4x
PEG (3Y EPS CAGR) – 0.20 1.35

Growth

14 metrics
MetricEGHTRNGAPI
Revenue growth (1Y) – 5.5% 13.6%
Revenue CAGR (3Y) – 6.7% 0.0%
Gross profit growth (1Y) – 7.0% 9.3%
Gross profit CAGR (3Y) – 8.0% 1.7%
Operating income growth (1Y) – 109.8% 85.7%
Operating income CAGR (3Y) – 35.4% 65.3%
Net income growth (1Y) – 4,905% 149.5%
Net income CAGR (3Y) – 53.9% 27.8%
EPS growth (1Y) – 5,149% 146.7%
EPS CAGR (3Y) – 55.7% 27.9%
Operating cash flow growth (1Y) – 16.3% -20.9%
Operating cash flow CAGR (3Y) – 29.1% 35.5%
Free cash flow growth (1Y) – 16.5% -25.1%
Free cash flow CAGR (3Y) – 30.7% 37.4%

Profitability

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

Financial Health

11 metrics
MetricEGHTRNGAPI
Debt / assets 18.4% 53.9% 0.2%
Debt / equity 0.8x -81.6x –
Net debt / EBITDA – 1.5x 1,164x
Debt / FCF – 1.5x 0.1x
Liabilities / assets 77.9% 100.7% 24.1%
Equity / assets 22.1% -0.7% –
Interest coverage – 3.1x -86.5x
Current ratio 1.1x 1.1x 5.1x
Quick ratio 0.8x 0.9x 1.3x
Cash ratio 0.5x 0.2x 1.0x
Altman Z-score – 3.27 –

Shareholder Returns

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

ConsensusEGHTRNGAPI
Forward P/E 6.5xFY2026 16.4xFY2026 32.0xFY2026
EPS, next fiscal year $0.34FY2026 $5.28FY2026 $0.14FY2026
EPS growth, next FY -15.0%FY2026 +21.1%FY2026 +40.0%FY2026
EPS growth, the year after +14.7% +0.6% +107.1%
Revenue, next fiscal year $732.17MFY2026 $2.76BFY2026 $171.35MFY2026
Revenue growth, next FY -0.5%FY2026 +9.7%FY2026 +21.5%FY2026
Revenue growth, the year after +3.0% -3.9% +1.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEGHTRNGAPI
Held by institutions 71.6% 100.0% 21.2%
Institutions holding 172 379 59
Change in shares held, QoQ -4.2% +2.0% -1.9%
Institutions buying 84 212 27
Institutions selling 64 121 18
Buyers to sellers 1.31 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.

EGHTRNGAPI
EGHT 1.00 0.47 0.20
RNG 0.47 1.00 0.23
API 0.20 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EGHT, RNG and API?

RingCentral (RNG) is the largest by market capitalisation: 8X8 (EGHT) $313.65M, RingCentral (RNG) $7.17B, Agora (API) $412.05M.

Which stock is cheaper, EGHT, RNG and API?

RingCentral (RNG) trades on the lowest price-to-earnings ratio (RingCentral (RNG) 10.8x, Agora (API) 37.6x). On next year's consensus earnings, 8X8 (EGHT) is cheapest (8X8 (EGHT) 6.5x, 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: RingCentral (RNG) +5.5%, Agora (API) +13.6%.

Which company is more profitable?

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

Which stock has performed better?

Over the past year RingCentral (RNG) returned the most: 8X8 (EGHT) +11.7%, RingCentral (RNG) +188.1%, Agora (API) +24.4%. Over five years, RingCentral (RNG) compounded fastest (8X8 (EGHT) -37.1%/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 (8X8 (EGHT) 83.0%, 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, EGHT, 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 7. 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.