Corsair Gaming, Inc. (CRSR)
NASDAQ: CRSR · Real-Time Price · USD
6.81
-0.13 (-1.87%)
At close: Oct 14, 2024, 4:00 PM
6.78
-0.03 (-0.44%)
After-hours: Oct 14, 2024, 4:17 PM EDT

Corsair Gaming Statistics

Total Valuation

Corsair Gaming has a market cap or net worth of $709.24 million. The enterprise value is $911.19 million.

Market Cap 709.24M
Enterprise Value 911.19M

Important Dates

The next estimated earnings date is Tuesday, November 5, 2024, after market close.

Earnings Date Nov 5, 2024
Ex-Dividend Date n/a

Share Statistics

Corsair Gaming has 104.15 million shares outstanding. The number of shares has increased by 1.66% in one year.

Shares Outstanding 104.15M
Shares Change (YoY) +1.66%
Shares Change (QoQ) +0.38%
Owned by Insiders (%) 3.20%
Owned by Institutions (%) 29.48%
Float 44.50M

Valuation Ratios

PE Ratio n/a
Forward PE 14.56
PS Ratio 0.52
Forward PS 0.47
PB Ratio 1.12
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.66
EV / EBITDA 33.88
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.80, with a Debt / Equity ratio of 0.37.

Current Ratio 1.80
Quick Ratio 0.83
Debt / Equity 0.37
Debt / EBITDA 5.36
Debt / FCF n/a
Interest Coverage -1.50

Financial Efficiency

Return on equity (ROE) is -4.43% and return on invested capital (ROIC) is -1.57%.

Return on Equity (ROE) -4.43%
Return on Assets (ROA) -1.15%
Return on Capital (ROIC) -1.57%
Revenue Per Employee $577,728
Profits Per Employee -$16,328
Employee Count 2,387
Asset Turnover 1.08
Inventory Turnover 4.34

Taxes

Income Tax -5.29M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -49.67% 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 -49.67%
50-Day Moving Average 6.54
200-Day Moving Average 10.42
Relative Strength Index (RSI) 50.40
Average Volume (20 Days) 465,816

Short Selling Information

The latest short interest is 3.35 million, so 3.22% of the outstanding shares have been sold short.

Short Interest 3.35M
Short Previous Month 3.30M
Short % of Shares Out 3.22%
Short % of Float 7.54%
Short Ratio (days to cover) 6.55

Income Statement

In the last 12 months, Corsair Gaming had revenue of $1.38 billion and -$38.98 million in losses. Loss per share was -$0.38.

Revenue 1.38B
Gross Profit 341.75M
Operating Income -23.57M
Pretax Income -37.15M
Net Income -38.98M
EBITDA 26.90M
EBIT -23.57M
Loss Per Share -$0.38
Full Income Statement

Balance Sheet

The company has $92.18 million in cash and $248.90 million in debt, giving a net cash position of -$156.72 million or -$1.50 per share.

Cash & Cash Equivalents 92.18M
Total Debt 248.90M
Net Cash -156.72M
Net Cash Per Share -$1.50
Equity (Book Value) 674.43M
Book Value Per Share 6.18
Working Capital 256.89M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $402,000 and capital expenditures -$10.33 million, giving a free cash flow of -$9.93 million.

Operating Cash Flow 402,000
Capital Expenditures -10.33M
Free Cash Flow -9.93M
FCF Per Share -$0.10
Full Cash Flow Statement

Margins

Gross margin is 24.78%, with operating and profit margins of -1.71% and -2.31%.

Gross Margin 24.78%
Operating Margin -1.71%
Pretax Margin -2.55%
Profit Margin -2.31%
EBITDA Margin 1.95%
EBIT Margin -1.71%
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 -1.66%
Shareholder Yield -1.66%
Earnings Yield -5.39%
FCF Yield -1.37%
Dividend Details

Analyst Forecast

The average price target for Corsair Gaming is $10.60, which is 55.65% higher than the current price. The consensus rating is "Buy".

Price Target $10.60
Price Target Difference 55.65%
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 2.79 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.79
Piotroski F-Score 4