# RingCentral Inc. (RNG) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $73.39, market value $6.1 billion.

## Valuation
- **P/E (trailing): 58.7×** (5-yr avg 60.0×, 3-yr avg 60.0×). RingCentral Inc. trades at 58.7× trailing earnings, close to its own five-year average of 60.0×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 13.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.07**. A PEG of 0.07 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **EV / EBITDA: 18.1×**. Enterprise value is 18.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 10.4%** (5-yr avg 10.8%). Free cash flow equals 10.4% of the market value, in line with its five-year average of 10.8%. Above 5% is generally attractive.
- **Earnings yield: 1.7%**. The inverse of the P/E: 1.7% of the price is earned each year.

## Profitability
- **Gross margin: 71.8%**. RingCentral Inc. keeps 71.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 6.7%**. 6.7% of revenue is left after running the business.
- **Net margin: 1.7%**. 1.7% of each dollar of sales reaches the bottom line.
- **Return on equity: -7.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 25.7%**. Return on all capital, debt included, is 25.7%: comfortably above what that capital costs.
- **Return on assets: 7.4%**. Each dollar of assets produces 7.4% of profit.

## Growth
- **Revenue growth (1 yr): 4.8%** (3-yr 8.1%/yr, 5-yr 16.3%/yr). Revenue grew 4.8% over the last year, against 16.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 176.2%**. Earnings per share rose 176.2%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 54.7%/yr**. Free cash flow has compounded at 54.7% a year over three years.

## Financial health
- **Net debt / EBITDA: 2.8×**. It would take 2.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.38**. A Z-score of 3.38 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.37%** ($0.15 per share, trailing). RingCentral Inc. yields 0.37%, a modest yield more typical of a growth-oriented payer.

## Analyst view
- **Analyst consensus: buy** (14 analysts). 14 analysts cover RingCentral Inc.; the consensus is buy, with an average price target of $57.64 (-21% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 141.2%** (YTD 155.0%, 3-mo 73.5%). The shares are up 141.2% over twelve months including dividends.
- **From 52-week high: -5.8%** (204.0% above the low). Trading 6% 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): 70**. An RSI of 70 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 1.23** (volatility 70%). Beta of 1.23 against the S&P 500: the shares move roughly with the market.

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

Not investment advice.