GURUFOCUS.COM » STOCK LIST » Technology » Software » RingCentral Inc (NYSE:RNG) » Definitions » EV-to-EBIT

RingCentral (RingCentral) EV-to-EBIT

: -33.75 (As of Today)
View and export this data going back to 2013. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, RingCentral's Enterprise Value is $4,079 Mil. RingCentral's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-121 Mil. Therefore, RingCentral's EV-to-EBIT for today is -33.75.

The historical rank and industry rank for RingCentral's EV-to-EBIT or its related term are showing as below:

RNG' s EV-to-EBIT Range Over the Past 10 Years
Min: -1969.35   Med: -45.79   Max: 1513.55
Current: -33.75

During the past 13 years, the highest EV-to-EBIT of RingCentral was 1513.55. The lowest was -1969.35. And the median was -45.79.

RNG's EV-to-EBIT is ranked worse than
100% of 1654 companies
in the Software industry
Industry Median: 17.13 vs RNG: -33.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. RingCentral's Enterprise Value for the quarter that ended in Dec. 2023 was $4,541 Mil. RingCentral's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-121 Mil. RingCentral's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.66%.


RingCentral EV-to-EBIT Historical Data

The historical data trend for RingCentral's EV-to-EBIT 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -404.91 -1,070.49 -60.94 -5.50 -37.58

RingCentral Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only -5.50 -5.89 -7.54 -11.75 -37.58

Competitive Comparison

For the Software - Application subindustry, RingCentral's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Software industry and Technology sector, RingCentral's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where RingCentral's EV-to-EBIT falls into.



RingCentral EV-to-EBIT Calculation

RingCentral's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4078.616/-120.848
=-33.75

RingCentral's current Enterprise Value is $4,079 Mil.
RingCentral's EBIT 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 $-121 Mil.

* 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.


RingCentral  (NYSE:RNG) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

RingCentral's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-120.848/4541.40381
=-2.66 %

RingCentral's Enterprise Value for the quarter that ended in Dec. 2023 was $4,541 Mil.
RingCentral's EBIT 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 $-121 Mil.

* 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.


RingCentral EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of RingCentral's EV-to-EBIT 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