Corsair Gaming, Inc. (CRSR)
NASDAQ: CRSR · Real-Time Price · USD
6.75
+0.16 (2.43%)
At close: Nov 20, 2024, 4:00 PM
6.79
+0.04 (0.56%)
After-hours: Nov 20, 2024, 7:15 PM EST

Corsair Gaming Statistics

Total Valuation

Corsair Gaming has a market cap or net worth of $706.73 million. The enterprise value is $905.66 million.

Market Cap 706.73M
Enterprise Value 905.66M

Important Dates

The last earnings date was Wednesday, November 6, 2024, after market close.

Earnings Date Nov 6, 2024
Ex-Dividend Date n/a

Share Statistics

Corsair Gaming has 104.70 million shares outstanding. The number of shares has increased by 2.37% in one year.

Current Share Class 104.70M
Shares Outstanding 104.70M
Shares Change (YoY) +2.37%
Shares Change (QoQ) +0.42%
Owned by Insiders (%) 3.18%
Owned by Institutions (%) 32.36%
Float 45.06M

Valuation Ratios

PE Ratio n/a
Forward PE 16.67
PS Ratio 0.53
Forward PS 0.45
PB Ratio 1.18
P/TBV Ratio 10.78
P/FCF Ratio 26.09
P/OCF Ratio 18.89
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 129.38, with an EV/FCF ratio of 33.44.

EV / Earnings n/a
EV / Sales 0.69
EV / EBITDA 129.38
EV / EBIT n/a
EV / FCF 33.44

Financial Position

The company has a current ratio of 1.58, with a Debt / Equity ratio of 0.40.

Current Ratio 1.58
Quick Ratio 0.66
Debt / Equity 0.40
Debt / EBITDA 9.35
Debt / FCF 8.99
Interest Coverage -3.02

Financial Efficiency

Return on equity (ROE) is -12.20% and return on invested capital (ROIC) is -3.03%.

Return on Equity (ROE) -12.20%
Return on Assets (ROA) -2.15%
Return on Capital (ROIC) -3.03%
Revenue Per Employee $553,013
Profits Per Employee -$39,501
Employee Count 2,387
Asset Turnover 1.04
Inventory Turnover 3.78

Taxes

In the past 12 months, Corsair Gaming has paid $21.82 million in taxes.

Income Tax 21.82M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -48.36% in the last 52 weeks. The beta is 1.58, so Corsair Gaming's price volatility has been higher than the market average.

Beta (5Y) 1.58
52-Week Price Change -48.36%
50-Day Moving Average 6.70
200-Day Moving Average 9.51
Relative Strength Index (RSI) 50.27
Average Volume (20 Days) 530,318

Short Selling Information

The latest short interest is 3.26 million, so 3.11% of the outstanding shares have been sold short.

Short Interest 3.26M
Short Previous Month 3.49M
Short % of Shares Out 3.11%
Short % of Float 7.24%
Short Ratio (days to cover) 8.63

Income Statement

In the last 12 months, Corsair Gaming had revenue of $1.32 billion and -$94.29 million in losses. Loss per share was -$0.91.

Revenue 1.32B
Gross Profit 322.06M
Operating Income -43.75M
Pretax Income -37.15M
Net Income -94.29M
EBITDA 7.00M
EBIT -43.75M
Loss Per Share -$0.91
Full Income Statement

Balance Sheet

The company has $58.91 million in cash and $243.45 million in debt, giving a net cash position of -$184.54 million or -$1.76 per share.

Cash & Cash Equivalents 58.91M
Total Debt 243.45M
Net Cash -184.54M
Net Cash Per Share -$1.76
Equity (Book Value) 612.87M
Book Value Per Share 5.72
Working Capital 210.43M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $37.42 million and capital expenditures -$10.33 million, giving a free cash flow of $27.09 million.

Operating Cash Flow 37.42M
Capital Expenditures -10.33M
Free Cash Flow 27.09M
FCF Per Share $0.26
Full Cash Flow Statement

Margins

Gross margin is 24.40%, with operating and profit margins of -3.31% and -6.10%.

Gross Margin 24.40%
Operating Margin -3.31%
Pretax Margin -4.30%
Profit Margin -6.10%
EBITDA Margin 0.53%
EBIT Margin -3.31%
FCF Margin -0.73%

Dividends & Yields

Corsair Gaming does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.37%
Shareholder Yield -2.37%
Earnings Yield -13.34%
FCF Yield 3.83%
Dividend Details

Analyst Forecast

The average price target for Corsair Gaming is $9.20, which is 36.30% higher than the current price. The consensus rating is "Buy".

Price Target $9.20
Price Target Difference 36.30%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Corsair Gaming has an Altman Z-Score of 2.3 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.3
Piotroski F-Score 3