# Agora Inc. American (API) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $4.24, market value $358 million.

## Valuation
- **P/E (trailing): 42.4×** (5-yr avg 203.5×, 3-yr avg 203.5×). Agora Inc. American trades at 42.4× trailing earnings, well below its own five-year average of 203.5×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 19.7×**. Enterprise value is 19.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -5.3%** (5-yr avg -0.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 2.4%**. The inverse of the P/E: 2.4% of the price is earned each year.

## Profitability
- **Gross margin: 64.5%**. Agora Inc. American keeps 64.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -3.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 6.8%**. 6.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 1.7%**. 1.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -0.9%**. Return on all capital, debt included, is -0.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.5%**. Each dollar of assets produces 1.5% of profit.

## Growth
- **Revenue growth (1 yr): 5.9%** (3-yr -4.2%/yr, 5-yr 1.1%/yr). Revenue grew 5.9% over the last year, against 1.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 118.2%**. Earnings per share rose 118.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.14**. Debt is 0.14 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.3×**. It would take 0.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -86.5×**. Operating profit covers interest only -86.5×: fragile.
- **Altman Z-score: 2.60**. A Z-score of 2.60 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Agora Inc. American does not currently pay a dividend, but it returned 9.1% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 28.5%** (YTD 4.2%, 3-mo -11.9%). The shares are up 28.5% over twelve months including dividends.
- **From 52-week high: -22.8%** (35.0% above the low). Trading 23% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 1.00** (volatility 51%). Beta of 1.00 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=API · Page: https://foliofundamentals.com/stocks/api

Not investment advice.
