RNG

RingCentral Inc

Price:

36.21

USD

Volume:

2,110,828.00

United States | Software

-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

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% |

Market Cap (mil) | 3,324.80 |

P/E | |

Forward P/E |

EPS | -1.44 |

Avg earnings growth rate | -113.05% |

TTM earnings | -132.59 |