Corsair Gaming Statistics
Total Valuation
Corsair Gaming has a market cap or net worth of $656.47 million. The enterprise value is $841.01 million.
Important Dates
The next estimated earnings date is Tuesday, February 11, 2025, after market close.
| Earnings Date | Feb 11, 2025 |
| 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 (%) | 32.21% |
| Float | 45.06M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 15.89 |
| PS Ratio | 0.49 |
| Forward PS | 0.45 |
| PB Ratio | 1.10 |
| P/TBV Ratio | 10.01 |
| P/FCF Ratio | 24.24 |
| P/OCF Ratio | 17.55 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 120.14, with an EV/FCF ratio of 31.05.
| EV / Earnings | n/a |
| EV / Sales | 0.64 |
| EV / EBITDA | 120.14 |
| EV / EBIT | n/a |
| EV / FCF | 31.05 |
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 -57.61% in the last 52 weeks. The beta is 1.62, so Corsair Gaming's price volatility has been higher than the market average.
| Beta (5Y) | 1.62 |
| 52-Week Price Change | -57.61% |
| 50-Day Moving Average | 6.99 |
| 200-Day Moving Average | 8.91 |
| Relative Strength Index (RSI) | 34.07 |
| Average Volume (20 Days) | 538,275 |
Short Selling Information
The latest short interest is 3.26 million, so 3.12% of the outstanding shares have been sold short.
| Short Interest | 3.26M |
| Short Previous Month | 3.44M |
| Short % of Shares Out | 3.12% |
| Short % of Float | 7.24% |
| Short Ratio (days to cover) | 6.10 |
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 StatementBalance 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 SheetCash 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 StatementMargins
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 | 2.05% |
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 | -14.36% |
| FCF Yield | 4.13% |
Dividend DetailsAnalyst Forecast
The average price target for Corsair Gaming is $9.17, which is 46.25% higher than the current price. The consensus rating is "Buy".
| Price Target | $9.17 |
| Price Target Difference | 46.25% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 |