Ribbon Communications Inc.
$613.90M- Market cap
- $359.43M
- Debt
- +$350.88M
- Cash
- −$96.41M
Capital structure 51% equity / 49% debt · EV / Revenue 0.73x · EV / EBITDA 11.41x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: RBBN stock price at discount vs FCPT $2.01 current versus $5.03 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at FCPT's multiple
Implied fair value · at RBBN's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: RBBN FY 2025 (ended Dec 31, 2025) · FCPT FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 51% equity / 49% debt · EV / Revenue 0.73x · EV / EBITDA 11.41x
Capital structure 69% equity / 31% debt · EV / Revenue 13.36x · EV / EBITDA 17.41x
FCPT carries the larger enterprise value at $3.93B against $613.90M; RBBN trades on the lower EV / Revenue multiple (0.73x vs 13.36x); RBBN on the lower EV / EBITDA (11.41x vs 17.41x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
RIBBON COMMUNICATIONS INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Four Corners Property Trust, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.78x
0.74x
Net debt / EBITDA
Leverage against operating earnings
4.73x
5.28x
Cash and equivalents
Liquid reserves on the balance sheet
$96.41M
$12.14M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
CIENA CORP
RBBN vs CIEN
EXTREME NETWORKS INC
RBBN vs EXTR
F5, INC.
RBBN vs FFIV
Ubiquiti Inc.
RBBN vs UI
REALTY INCOME CORP
RBBN vs O
AGREE REALTY CORP
RBBN vs ADC
GETTY REALTY CORP /MD/
RBBN vs GTY
ESSENTIAL PROPERTIES REALTY TRUST, INC.
RBBN vs EPRT
STAG Industrial, Inc.
RBBN vs STAG
$350.88M
$1.20B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.