Agora (API) Capex-to-Operating-Cash-Flow: 1.65 (As of Mar. 2026) — 47% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

API Agora Inc API
62 GF Score
Price $3.87
GF Value $3.77
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Agora Capex-to-Operating-Cash-Flow?

Agora API -1.16% 62 Capex-to-Operating-Cash-Flow is 1.65 as of Mar. 2026, which is 47% below its 10-year median of 3.09. GuruFocus rates API with a GF Score™ of 62/100 and a GF Value™ of $3.77 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,470 Software companies, Agora ranks worse than 91.09% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Agora's Capital Expenditure for the three months ended in Mar. 2026 was $-9.41 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2026 was $5.69 Mil.

Hence, Agora's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2026 was 1.65.


Agora  (NAS:API) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Agora Capex-to-Operating-Cash-Flow Related Terms


Agora Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Agora's Capex-to-Operating-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.

Agora Capex-to-Operating-Cash-Flow Chart

Agora Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1.17

Agora Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Capex-to-Operating-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 0.62 0.00 17.38 0.49 1.65

API vs DUOT, GLOO, CURR: Capex-to-Operating-Cash-Flow Comparison

For the Software - Application subindustry, Agora's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-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.


Agora Capex-to-Operating-Cash-Flow vs Software Industry

For the Software industry and Technology sector, Agora's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Agora's Capex-to-Operating-Cash-Flow falls into.


API
62GF Score
Agora Inc API
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agora Capex-to-Operating-Cash-Flow Calculation

Agora's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-31.914) / 27.233
=1.17

Agora's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-9.413) / 5.692
=1.65

* 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.

What does a Capex-to-Operating-Cash-Flow of 1.65 mean?
Agora (API) has a Capex-to-Operating-Cash-Flow of 1.65 as of Mar. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Agora and its competitors. This is 47% below median its historical median of 3.09. Over the past decade, Agora's Capex-to-Operating-Cash-Flow has ranged from 1.17 to 6.80. According to the industry distribution chart, Agora ranks #1339 out of 1470 companies in the Software industry, placing it in the top 91.1%.
Is Agora's Capex-to-Operating-Cash-Flow too high?
Agora's current Capex-to-Operating-Cash-Flow of 1.65 is 47% below median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 6.80. The Software industry median Capex-to-Operating-Cash-Flow is 0.25. Agora's value of 1.65 is 560% above this industry median. Based on the distribution chart, Agora ranks #1339 out of 1470 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Agora has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agora's Capex-to-Operating-Cash-Flow compare to DUOT and GLOO?
According to the Software industry distribution chart, Agora ranks #1339 out of 1470 companies for Capex-to-Operating-Cash-Flow. This places Agora in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.25. Agora's value of 1.65 is 560% above this benchmark. Historically, Agora's own Capex-to-Operating-Cash-Flow has ranged from 1.17 to 6.80 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 0.25, Agora has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a Software company?
The median Capex-to-Operating-Cash-Flow among Software companies is 0.25, based on 1,470 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agora's current Capex-to-Operating-Cash-Flow of 1.65 is 560% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Agora and its competitors. For the Software industry, the median Capex-to-Operating-Cash-Flow is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agora's current Capex-to-Operating-Cash-Flow is 1.65, which is 47% below median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agora stock overvalued right now?
Based on GuruFocus' analysis, Agora (API) is currently considered Fairly Valued. The stock's GF Value™ is $3.77, compared to a current price of $3.87 — trading 2.7% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 1.65, which is 47% below median its 10-year median of 3.09 and 560% above the Software industry median of 0.25. Agora's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Agora (API), the current Capex-to-Operating-Cash-Flow is 1.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Agora (API) Overvalued in 2026?

Based on GuruFocus' analysis, Agora stock appears to be overvalued. The current stock price of $3.87 is trading 2.7% above its estimated GF Value™ of $3.77. GuruFocus considers Agora to be Fairly Valued.

Key valuation signals for API:

  • Capex-to-Operating-Cash-Flow: 1.65 (47% below median its 10-year median of 3.09)
  • GF Value™: $3.77 vs. price of $3.87 (2.7% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 560% above the Software median (#1339 of 1470)

No single metric tells the full story. See the API stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agora Business Description

Other Exchanges APIN:Mexico9AG1:Germany
Address 2804 Mission College Boulevard, Santa Clara, CA, USA, 95054
Agora Inc provides real-time communication solutions. The company offers real-time video calling, voice calling, live audio and video streaming, recording, and real-time messaging. It serves the gaming, retail, and education industries. The company operates in the People's Republic of China and the United States of America and the majority of its revenue is derived from the People's Republic of China.
62GF Score

Get the complete analysis for API

Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.87
Price
$3.77
GF Value