Corsair Gaming Statistics
Total Valuation
Corsair Gaming has a market cap or net worth of $890.47 million. The enterprise value is $943.85 million.
| Market Cap | 890.47M |
| Enterprise Value | 943.85M |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, after market close.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Corsair Gaming has 103.91 million shares outstanding. The number of shares has increased by 1.85% in one year.
| Shares Outstanding | 103.91M |
| Shares Change (YoY) | +1.85% |
| Shares Change (QoQ) | -12.41% |
| Owned by Insiders (%) | 3.21% |
| Owned by Institutions (%) | 81.32% |
| Float | 44.25M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 11.84 |
| PS Ratio | 0.62 |
| Forward PS | 0.57 |
| PB Ratio | 1.34 |
| P/FCF Ratio | 85.57 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.73, with an EV/FCF ratio of 90.70.
| EV / Earnings | n/a |
| EV / Sales | 0.65 |
| EV / EBITDA | 17.73 |
| EV / EBIT | 368.69 |
| EV / FCF | 90.70 |
Financial Position
The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.28.
| Current Ratio | 1.82 |
| Quick Ratio | 0.98 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 3.44 |
| Debt / FCF | 17.62 |
| Interest Coverage | 0.14 |
Financial Efficiency
Return on equity (ROE) is -1.30% and return on invested capital (ROIC) is -0.19%.
| Return on Equity (ROE) | -1.30% |
| Return on Assets (ROA) | -0.60% |
| Return on Capital (ROIC) | -0.19% |
| Revenue Per Employee | $604,595 |
| Profits Per Employee | -$3,477 |
| Employee Count | 2,387 |
| Asset Turnover | 1.10 |
| Inventory Turnover | 4.91 |
Taxes
| Income Tax | -3.58M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -50.58% in the last 52 weeks. The beta is 1.59, so Corsair Gaming's price volatility has been higher than the market average.
| Beta (5Y) | 1.59 |
| 52-Week Price Change | -50.58% |
| 50-Day Moving Average | 10.92 |
| 200-Day Moving Average | 12.39 |
| Relative Strength Index (RSI) | 24.66 |
| Average Volume (20 Days) | 593,912 |
Short Selling Information
The latest short interest is 2.00 million, so 1.92% of the outstanding shares have been sold short.
| Short Interest | 2.00M |
| Short Previous Month | 1.71M |
| Short % of Shares Out | 1.92% |
| Short % of Float | 4.52% |
| Short Ratio (days to cover) | 4.62 |
Income Statement
In the last 12 months, Corsair Gaming had revenue of $1.44 billion and -$8.30 million in losses. Loss per share was -$0.08.
| Revenue | 1.44B |
| Gross Profit | 361.50M |
| Operating Income | -1.57M |
| Pretax Income | -15.72M |
| Net Income | -8.30M |
| EBITDA | 53.22M |
| EBIT | 2.56M |
| Loss Per Share | -$0.08 |
Balance Sheet
The company has $129.94 million in cash and $183.32 million in debt, giving a net cash position of -$53.38 million or -$0.51 per share.
| Cash & Cash Equivalents | 129.94M |
| Total Debt | 183.32M |
| Net Cash | -53.38M |
| Net Cash Per Share | -$0.51 |
| Equity (Book Value) | 663.54M |
| Book Value Per Share | 6.39 |
| Working Capital | 279.08M |
Cash Flow
In the last 12 months, operating cash flow was $21.01 million and capital expenditures -$10.60 million, giving a free cash flow of $10.41 million.
| Operating Cash Flow | 21.01M |
| Capital Expenditures | -10.60M |
| Free Cash Flow | 10.41M |
| FCF Per Share | $0.10 |
Margins
Gross margin is 25.05%, with operating and profit margins of -0.11% and -0.58%.
| Gross Margin | 25.05% |
| Operating Margin | -0.11% |
| Pretax Margin | -1.09% |
| Profit Margin | -0.58% |
| EBITDA Margin | 3.69% |
| EBIT Margin | 0.18% |
| FCF Margin | 0.72% |
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 | -1.85% |
| Shareholder Yield | -1.85% |
| Earnings Yield | -0.93% |
| FCF Yield | 1.17% |
Analyst Forecast
The average price target for Corsair Gaming is $15.17, which is 77.01% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.17 |
| Price Target Difference | 77.01% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 2.39 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.39 |
| Piotroski F-Score | 6 |