-2.16%
-0.03%
-4.47%
4.10%
3.08%
-80.14%
-83.08%
AI Spotlight on RNG
Company Description
RingCentral, Inc.provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America.The company offers business cloud communications and contact center solutions based on its Message Video Phone?
platform.Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers.The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes our RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management.
In addition, it offers RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities.The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others.It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners.
RingCentral, Inc.has strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business.The company was incorporated in 1999 and is headquartered in Belmont, California.
Market Data
| Last Price | 34.82 |
| Change Percentage | -2.16% |
| Open | 35.88 |
| Previous Close | 35.59 |
| Market Cap ( Millions) | 3134 |
| Volume | 1023434 |
| Year High | 42.19 |
| Year Low | 26.98 |
| M A 50 | 36.57 |
| M A 200 | 33.37 |
Financial Ratios
| FCF Yield | 12.28% |
| Dividend Yield | 0.00% |
| ROE | 20.71% |
| Debt / Equity | -457.28% |
| Net Debt / EBIDTA | 652.56% |
| Price To Book | -9.25 |
| Price Earnings Ratio | -32.54 |
| Price To FCF | 8.14 |
| Price To sales | 1.33 |
| EV / EBITDA | 21.46 |
News
- Jan -30 - RingCentral Events Launches Studio, Highlights Customer Momentum, and Enhances Experiences with AI
- Jan -20 - RNG: Expect Good Returns With Downside Protection
- Jan -16 - Brightmark RNG Holdings Achieves Landmark First Gas Milestone at 10 Midwest RNG Projects
- Jan -15 - GreenGasUSA and Pilgrim's Pride Announce the Commissioning of Sumter RNG Project
- Jan -08 - RNG Rises 20% in 6 Months: Here is Why It is a Must-Buy Stock Now
- Jan -07 - RingCentral: Stock Poised To Outperform In 2025
- Jan -06 - Nicor Gas celebrates its first renewable natural gas interconnection
- Dec -11 - LF Bioenergy Expands Renewable Natural Gas Project Footprint, Bringing its Cumulative Environmental Benefits Equivalent to Reducing 60 Million Gasoline Miles
- Dec -10 - Waste-to-Value Pioneer Nexus W2V Secures $140MM Investment & Announces Construction of Flagship RNG Facility in Indiana
- Nov -22 - RingCentral: Operational Excellence Amid A Forgettable Stock Performance Year
- Nov -21 - RingCentral to Present at Upcoming Investor Conferences
- Nov -20 - Vision RNG Announces Renewable Natural Gas Agreement at Waste Connections Landfill in Nebraska
- Nov -19 - RingCentral: Under The Radar Pick -- Reiterating Buy
- Nov -15 - All You Need to Know About RingCentral (RNG) Rating Upgrade to Buy
- Nov -08 - Can RNG's Q3 Earnings Beat and Raised FY24 View Push Shares Higher?
- Nov -08 - RingCentral, Inc. (RNG) Q3 2024 Earnings Call Transcript
- Nov -08 - Here's What Key Metrics Tell Us About RingCentral (RNG) Q3 Earnings
- Nov -08 - RingCentral (RNG) Q3 Earnings and Revenues Surpass Estimates
- Nov -06 - Clean Energy Reports Revenue of $104.9 Million and 59.6 Million RNG Gallons Sold for the Third Quarter of 2024
- Nov -06 - Exploring Analyst Estimates for RingCentral (RNG) Q3 Earnings, Beyond Revenue and EPS
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Subscriptions
Expected Growth : 31.8 %
What the company do ?
RingCentral Subscriptions refer to the various plans and services offered by RingCentral, Inc. that provide users with access to its cloud-based communication and collaboration platform.
Why we expect these perspectives ?
The growth of RingCentral Subscriptions is driven by the increasing adoption of cloud-based communication and collaboration platforms, rising demand for unified communication as a service (UCaaS), and the need for remote work solutions.
Segment n°2 -> Other
Expected Growth : 10.2 %
What the company do ?
Other from RingCentral, Inc. refers to miscellaneous revenue streams, including interest income, rental income, and other non-core business activities.
Why we expect these perspectives ?
The 'Other' segment of RingCentral, Inc. is expected to grow driven by increasing interest income from cash reserves and rental income from data center leases, as well as expansion of non-core business activities.
Ringcentral, Inc. Products
| Product Range | What is it ? |
|---|---|
| RingCentral Office | A cloud-based business phone system that provides voice, video, and messaging capabilities. |
| RingCentral Video | A video conferencing platform that enables high-definition video meetings and screen sharing. |
| RingCentral Contact Center | A cloud-based contact center solution that provides omnichannel customer engagement and workforce optimization. |
| RingCentral Engage | A digital customer engagement platform that enables businesses to interact with customers across multiple channels. |
| RingCentral Glip | A team collaboration platform that integrates messaging, video meetings, and task management. |
RingCentral, Inc.'s Porter Forces
Threat Of Substitutes
RingCentral, Inc. faces moderate threat from substitutes as customers have limited alternatives for cloud-based business communications. However, the presence of traditional on-premise solutions and emerging UCaaS providers poses some threat.
Bargaining Power Of Customers
RingCentral, Inc. has a large customer base, but individual customers have limited bargaining power due to the company's diversified customer base and lack of dependence on a single customer.
Bargaining Power Of Suppliers
RingCentral, Inc. has a diversified supplier base, and no single supplier has significant bargaining power. The company's strong relationships with suppliers also mitigate the risk of supplier concentration.
Threat Of New Entrants
The threat of new entrants is high in the UCaaS market, driven by low barriers to entry, advancements in technology, and increasing demand for cloud-based communications. New entrants can easily replicate RingCentral's offerings, posing a significant threat.
Intensity Of Rivalry
The UCaaS market is highly competitive, with several established players and new entrants vying for market share. RingCentral, Inc. faces intense competition from companies like Zoom, Microsoft, and Cisco, which can lead to pricing pressure and increased marketing expenses.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 139.92% |
| Debt Cost | 3.95% |
| Equity Weight | -39.92% |
| Equity Cost | 8.64% |
| WACC | 2.07% |
| Leverage | -350.53% |
RingCentral, Inc. : Quality Control
RingCentral, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| WK | Workiva Inc., together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process … |
| PEGA | Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and … |
| GWRE | Guidewire Software, Inc. provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications. It also provides Guidewire InsuranceNow, a … |
| ZETA | Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. Its Zeta Marketing Platform … |
| LYFT | Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Workiva
A-Score
1-Year Total Return ->
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RingCentral
A-Score
1-Year Total Return ->
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Zeta Global
A-Score
1-Year Total Return ->
4
Pegasystems
A-Score
1-Year Total Return ->
5
Guidewire Software
A-Score
1-Year Total Return ->
6
