RNG
RingCentral Inc
Price:  
36.21 
USD
Volume:  
2,110,828.00
United States | Software
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RNG Fair Value

-119.94 %
Upside

As of 2024-11-12, the Fair Value of RingCentral Inc (RNG) is -7.22 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 36.21 USD, the upside of RingCentral Inc is -119.94%.

Note: valuation result may not be accurate due to the company's negative EPS.

36.21 USD
Stock Price
-7.22 USD
Fair Price
FAIR VALUE CALCULATION

RNG Fair Value

Peter Lynch's formula is:

RNG Fair Value
= Earnings Growth Rate x TTM EPS
RNG Fair Value
= 5.00 x -1.44
RNG Fair Value
= -7.22

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income -53.60 -83.00 -376.30 -879.20 -165.24 -311.47
YoY growth -104.58% -54.85% -353.37% -133.64% 81.21% -113.05%

RNG Fair Value - Key Data

Market Cap (mil) 3,324.80
P/E
Forward P/E
EPS -1.44
Avg earnings growth rate -113.05%
TTM earnings -132.59