Corsair Gaming, Inc. (CRSR)
Total Valuation
Corsair Gaming has a market cap or net worth of $1.25 billion. The enterprise value is $1.27 billion.
Market Cap | 1.25B |
Enterprise Value | 1.27B |
Important Dates
The next estimated earnings date is Wednesday, May 8, 2024, after market close.
Earnings Date | May 8, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Corsair Gaming has 103.31 million shares outstanding. The number of shares has increased by 10.38% in one year.
Shares Outstanding | 103.31M |
Shares Change (YoY) | +10.38% |
Shares Change (QoQ) | +14.95% |
Owned by Insiders (%) | 3.15% |
Owned by Institutions (%) | 80.79% |
Float | 43.72M |
Valuation Ratios
The trailing PE ratio is 409.67 and the forward PE ratio is 16.92.
PE Ratio | 409.67 |
Forward PE | 16.92 |
PS Ratio | 0.86 |
Forward PS | 0.80 |
PB Ratio | 1.88 |
P/FCF Ratio | 16.42 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.19, with an EV/FCF ratio of 16.68.
EV / Earnings | 399.75 |
EV / Sales | 0.87 |
EV / EBITDA | 20.19 |
EV / EBIT | 102.84 |
EV / FCF | 16.68 |
Financial Position
The company has a current ratio of 1.70, with a Debt / Equity ratio of 0.30.
Current Ratio | 1.70 |
Quick Ratio | 1.03 |
Debt / Equity | 0.30 |
Debt / EBITDA | 3.14 |
Debt / FCF | 2.59 |
Interest Coverage | 0.71 |
Financial Efficiency
Return on equity (ROE) is 0.50% and return on invested capital (ROIC) is 1.12%.
Return on Equity (ROE) | 0.50% |
Return on Assets (ROA) | 0.20% |
Return on Capital (ROIC) | 1.12% |
Revenue Per Employee | $611,594 |
Profits Per Employee | $1,335 |
Employee Count | 2,387 |
Asset Turnover | 1.10 |
Inventory Turnover | 5.08 |
Taxes
Income Tax | -2.44M |
Effective Tax Rate | -327.79% |
Stock Price Statistics
The stock price has decreased by -26.85% in the last 52 weeks. The beta is 1.62, so Corsair Gaming's price volatility has been higher than the market average.
Beta (1Y) | 1.62 |
52-Week Price Change | -26.85% |
50-Day Moving Average | 12.88 |
200-Day Moving Average | 14.44 |
Relative Strength Index (RSI) | 44.98 |
Average Volume (30 Days) | 374,170 |
Short Selling Information
The latest short interest is 1.62 million, so 1.57% of the outstanding shares have been sold short.
Short Interest | 1.62M |
Short Previous Month | 1.46M |
Short % of Shares Out | 1.57% |
Short % of Float | 3.71% |
Short Ratio (days to cover) | 3.44 |
Income Statement
In the last 12 months, Corsair Gaming had revenue of $1.46 billion and earned $3.19 million in profits. Earnings per share was $0.03.
Revenue | 1.46B |
Gross Profit | 360.26M |
Operating Income | 9.69M |
Pretax Income | -5.03M |
Net Income | 3.19M |
EBITDA | 63.09M |
EBIT | 12.39M |
Earnings Per Share (EPS) | $0.03 |
Balance Sheet
The company has $178.33 million in cash and $198.20 million in debt, giving a net cash position of -$19.87 million or -$0.19 per share.
Cash & Cash Equivalents | 178.33M |
Total Debt | 198.20M |
Net Cash | -19.87M |
Net Cash Per Share | -$0.19 |
Equity / Book Value | 667.58M |
Book Value Per Share | 6.46 |
Working Capital | 293.10M |
Cash Flow
In the last 12 months, operating cash flow was $89.15 million and capital expenditures -$12.76 million, giving a free cash flow of $76.39 million.
Operating Cash Flow | 89.15M |
Capital Expenditures | -12.76M |
Free Cash Flow | 76.39M |
FCF Per Share | $0.75 |
Margins
Gross margin is 24.68%, with operating and profit margins of 0.66% and 0.22%.
Gross Margin | 24.68% |
Operating Margin | 0.66% |
Pretax Margin | -0.34% |
Profit Margin | 0.22% |
EBITDA Margin | 4.32% |
EBIT Margin | 0.85% |
FCF Margin | 5.23% |
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 | -10.38% |
Shareholder Yield | -10.38% |
Earnings Yield | 0.25% |
FCF Yield | 6.09% |
Analyst Forecast
The average price target for Corsair Gaming is $16.33, which is 32.87% higher than the current price. The consensus rating is "Buy".
Price Target | $16.33 |
Price Target Difference | 32.87% |
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 2.54 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.54 |
Piotroski F-Score | 7 |