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RingCentral (RingCentral) Price-to-Free-Cash-Flow : 8.98 (As of Apr. 27, 2024)


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What is RingCentral Price-to-Free-Cash-Flow?

As of today (2024-04-27), RingCentral's share price is $30.64. RingCentral's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.41. Hence, RingCentral's Price-to-Free-Cash-Flow Ratio for today is 8.98.

The historical rank and industry rank for RingCentral's Price-to-Free-Cash-Flow or its related term are showing as below:

RNG' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.6   Med: 240.33   Max: 3828
Current: 8.77

During the past 13 years, RingCentral's highest Price-to-Free-Cash-Flow Ratio was 3828.00. The lowest was 8.60. And the median was 240.33.

RNG's Price-to-Free-Cash-Flow is ranked better than
84.06% of 1474 companies
in the Software industry
Industry Median: 23.235 vs RNG: 8.77

RingCentral's Free Cash Flow per Share for the three months ended in Dec. 2023 was $1.00. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.41.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of RingCentral was 222.30% per year.

During the past 13 years, RingCentral's highest 3-Year average Free Cash Flow per Share Growth Rate was 28.90% per year. The lowest was -122.20% per year. And the median was -46.50% per year.


RingCentral Price-to-Free-Cash-Flow Historical Data

The historical data trend for RingCentral's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RingCentral Price-to-Free-Cash-Flow Chart

RingCentral Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 33.43 9.95

RingCentral Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.43 19.41 15.88 11.46 9.95

Competitive Comparison of RingCentral's Price-to-Free-Cash-Flow

For the Software - Application subindustry, RingCentral's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RingCentral's Price-to-Free-Cash-Flow Distribution in the Software Industry

For the Software industry and Technology sector, RingCentral's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where RingCentral's Price-to-Free-Cash-Flow falls into.



RingCentral Price-to-Free-Cash-Flow Calculation

RingCentral's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=30.64/3.413
=8.98

RingCentral's Share Price of today is $30.64.
RingCentral's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.41.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

RingCentral  (NYSE:RNG) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


RingCentral Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of RingCentral's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


RingCentral (RingCentral) Business Description

Traded in Other Exchanges
Address
20 Davis Drive, Belmont, CA, USA, 94002
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a standalone video meetings solution, and webinars.
Executives
Sonalee Elizabeth Parekh officer: Chief Financial Officer 767 FIFTH AVENUE, NEW YORK NY 10153
Vladimir Shmunis director, 10 percent owner, officer: CEO and Chairman C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT CA 94002
John H Marlow officer: SVP & General Counsel C/O RINGCENTRAL, INC, 20 DAVIS DRIVE, BELMONT CA 94002
Vaibhav Agarwal officer: Chief Accounting Officer 20 DAVIS DRIVE, BELMONT CA 94002
Mohammed Katibeh officer: Chief Operating Officer 20 DAVIS DRIVE, BELMONT CA 94002
Tarek Robbiati director 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Sri Srinivasan director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Mitesh Dhruv officer: CFO 34601 CASCADES CIRCLE, UNION CITY CA 94587
Anand Eswaran officer: President & COO 20 DAVIS DRIVE, BELMONT CA 94002
R Neil Williams director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Praful Shah officer: SVP, Strategy C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Robert I Theis director
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Arne Duncan director 182 N. UNION AVENUE, FARMINGTON UT 84025
Allan C. Thygesen director 20 DAVIS DRIVE, BELMONT CA 94002