Corsair Gaming, Inc. Logo

Corsair Gaming, Inc.

CRSR

(1.0)
Stock Price

6,27 USD

-5.37% ROA

-13.5% ROE

-19.26x PER

Market Cap.

737.353.680,00 USD

30.45% DER

0% Yield

-6.58% NPM

Corsair Gaming, Inc. Stock Analysis

Corsair Gaming, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Corsair Gaming, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (43%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (2.06x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

3 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (10.612) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

4 ROE

The stock's ROE indicates a negative return (-0.89%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-0.69%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Corsair Gaming, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Corsair Gaming, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Corsair Gaming, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Corsair Gaming, Inc. Revenue
Year Revenue Growth
2015 511.340.000
2016 595.118.000 14.08%
2017 855.549.000 30.44%
2018 937.553.000 8.75%
2019 1.097.174.000 14.55%
2020 1.702.367.000 35.55%
2021 1.904.060.000 10.59%
2022 1.375.098.000 -38.47%
2023 1.452.772.000 5.35%
2023 1.459.875.000 0.49%
2024 1.045.200.000 -39.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Corsair Gaming, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2015 12.170.000
2016 14.997.000 18.85%
2017 21.154.000 29.11%
2018 31.990.000 33.87%
2019 37.547.000 14.8%
2020 50.064.000 25%
2021 60.288.000 16.96%
2022 66.493.000 9.33%
2023 64.444.000 -3.18%
2023 57.111.000 -12.84%
2024 69.644.000 18%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Corsair Gaming, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2015 15.420.000
2016 19.014.000 18.9%
2017 46.280.000 58.92%
2018 138.915.000 66.68%
2019 151.733.000 8.45%
2020 237.904.000 36.22%
2021 295.872.000 19.59%
2022 267.632.000 -10.55%
2023 0 0%
2023 239.617.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Corsair Gaming, Inc. EBITDA
Year EBITDA Growth
2015 30.929.000
2016 43.806.000 29.4%
2017 62.731.000 30.17%
2018 58.536.000 -7.17%
2019 59.656.000 1.88%
2020 200.413.000 70.23%
2021 177.327.000 -13.02%
2022 -1.057.000 16876.44%
2023 48.544.000 102.18%
2023 60.387.000 19.61%
2024 -48.480.000 224.56%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Corsair Gaming, Inc. Gross Profit
Year Gross Profit Growth
2015 109.646.000
2016 134.985.000 18.77%
2017 184.326.000 26.77%
2018 192.695.000 4.34%
2019 224.287.000 14.09%
2020 465.429.000 51.81%
2021 513.854.000 9.42%
2022 296.632.000 -73.23%
2023 357.412.000 17.01%
2023 327.617.000 -9.09%
2024 252.340.000 -29.83%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Corsair Gaming, Inc. Net Profit
Year Net Profit Growth
2015 17.700.000
2016 29.092.000 39.16%
2017 11.734.000 -147.93%
2018 -13.720.000 185.52%
2019 -8.394.000 -63.45%
2020 103.217.000 108.13%
2021 100.960.000 -2.24%
2022 -53.946.000 287.15%
2023 -12.316.000 -338.02%
2023 3.187.000 486.44%
2024 -118.316.000 102.69%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Corsair Gaming, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2015 0
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 100%
2021 1 0%
2022 -1 0%
2023 0 0%
2023 0 0%
2024 -1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Corsair Gaming, Inc. Free Cashflow
Year Free Cashflow Growth
2015 19.473.000
2016 25.902.000 24.82%
2017 -9.618.000 369.31%
2018 -7.923.000 -21.39%
2019 28.080.000 128.22%
2020 159.964.000 82.45%
2021 9.218.000 -1635.34%
2022 40.074.000 77%
2023 76.392.000 47.54%
2023 -15.239.000 601.29%
2024 -21.071.000 27.68%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Corsair Gaming, Inc. Operating Cashflow
Year Operating Cashflow Growth
2015 22.266.000
2016 29.885.000 25.49%
2017 -2.982.000 1102.18%
2018 422.000 806.64%
2019 37.103.000 98.86%
2020 168.953.000 78.04%
2021 20.192.000 -736.73%
2022 66.389.000 69.59%
2023 89.153.000 25.53%
2023 -11.912.000 848.43%
2024 -18.462.000 35.48%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Corsair Gaming, Inc. Capital Expenditure
Year Capital Expenditure Growth
2015 2.793.000
2016 3.983.000 29.88%
2017 6.636.000 39.98%
2018 8.345.000 20.48%
2019 9.023.000 7.51%
2020 8.989.000 -0.38%
2021 10.974.000 18.09%
2022 26.315.000 58.3%
2023 12.761.000 -106.21%
2023 3.327.000 -283.56%
2024 2.609.000 -27.52%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Corsair Gaming, Inc. Equity
Year Equity Growth
2016 32.400.000
2017 250.895.000 87.09%
2018 162.702.000 -54.21%
2019 216.775.000 24.94%
2020 437.390.000 50.44%
2021 568.180.000 23.02%
2022 655.434.000 13.31%
2023 674.675.000 2.85%
2023 693.980.000 2.78%
2024 674.429.000 -2.9%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Corsair Gaming, Inc. Assets
Year Assets Growth
2016 238.220.000
2017 730.764.000 67.4%
2018 810.993.000 9.89%
2019 1.059.718.000 23.47%
2020 1.314.115.000 19.36%
2021 1.337.396.000 1.74%
2022 1.297.245.000 -3.1%
2023 1.338.149.000 3.06%
2023 1.357.463.000 1.42%
2024 1.234.241.000 -9.98%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Corsair Gaming, Inc. Liabilities
Year Liabilities Growth
2016 205.820.000
2017 479.869.000 57.11%
2018 648.291.000 25.98%
2019 842.943.000 23.09%
2020 876.725.000 3.85%
2021 769.216.000 -13.98%
2022 641.811.000 -19.85%
2023 663.474.000 3.27%
2023 663.483.000 0%
2024 559.812.000 -18.52%

Corsair Gaming, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
13.27
Net Income per Share
-0.37
Price to Earning Ratio
-19.26x
Price To Sales Ratio
0.53x
POCF Ratio
1830.87
PFCF Ratio
-73.51
Price to Book Ratio
1.15
EV to Sales
0.65
EV Over EBITDA
32.79
EV to Operating CashFlow
2218.67
EV to FreeCashFlow
-88.91
Earnings Yield
-0.05
FreeCashFlow Yield
-0.01
Market Cap
0,74 Bil.
Enterprise Value
0,89 Bil.
Graham Number
7.15
Graham NetNet
-1.84

Income Statement Metrics

Net Income per Share
-0.37
Income Quality
-0.01
ROE
-0.06
Return On Assets
-0.07
Return On Capital Employed
-0.05
Net Income per EBT
1.53
EBT Per Ebit
1.3
Ebit per Revenue
-0.03
Effective Tax Rate
-0.38

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.24
Operating Profit Margin
-0.03
Pretax Profit Margin
-0.04
Net Profit Margin
-0.07

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
-0.08
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
-0.1
Capex to Operating CashFlow
25.95
Capex to Revenue
0.01
Capex to Depreciation
0.21
Return on Invested Capital
-0.02
Return on Tangible Assets
-0.05
Days Sales Outstanding
49.91
Days Payables Outstanding
58.98
Days of Inventory on Hand
93.44
Receivables Turnover
7.31
Payables Turnover
6.19
Inventory Turnover
3.91
Capex per Share
0.1

Balance Sheet

Cash per Share
0,91
Book Value per Share
6,49
Tangible Book Value per Share
1.46
Shareholders Equity per Share
6.18
Interest Debt per Share
2.02
Debt to Equity
0.3
Debt to Assets
0.16
Net Debt to EBITDA
5.68
Current Ratio
1.8
Tangible Asset Value
0,15 Bil.
Net Current Asset Value
0,02 Bil.
Invested Capital
868283000
Working Capital
0,26 Bil.
Intangibles to Total Assets
0.42
Average Receivables
0,20 Bil.
Average Payables
0,18 Bil.
Average Inventory
258641999.5
Debt to Market Cap
0.27

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Corsair Gaming, Inc. Dividends
Year Dividends Growth

Corsair Gaming, Inc. Profile

About Corsair Gaming, Inc.

Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software. It also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs, and others; and PC gaming software comprising iCUE for gamers and Elgato's streaming suite for streamers and content creators. In addition, the company offers coaching and training, and other services. It sells its products through a network of distributors and retailers, including online retailers, as well as directly to consumers through its website. The company was incorporated in 1994 and is headquartered in Fremont, California. Corsair Gaming, Inc. is a subsidiary of Corsair Group (Cayman), LP.

CEO
Mr. Andrew J. Paul
Employee
2.387
Address
47100 Bayside Parkway
Fremont, 94538

Corsair Gaming, Inc. Executives & BODs

Corsair Gaming, Inc. Executives & BODs
# Name Age
1 Ms. Carina M. Tan J.D.
Vice President & General Counsel
70
2 Mr. Bertrand Chevalier
Executive Vice President of Gaming Products
70
3 Julian Fest
Senior Vice President of Streaming Products
70
4 Mr. Michael Buchanan
Senior Vice President of Worldwide Sales
70
5 Ms. Thi L. La
President, Chief Operating Officer & Director
70
6 Mr. Ronald Van Veen
Vice President of Finance & Investor Relations
70
7 Mr. Peter E. Hilliard
Chief Human Resources Officer
70
8 Mr. Matthew Hsu
Senior Vice President of System Products
70
9 Mr. Andrew J. Paul
Co-Founder, Chief Executive Officer & Director
70
10 Mr. Michael G. Potter
Chief Financial Officer & Principal Accounting Officer
70

Corsair Gaming, Inc. Competitors

Tattooed Chef, Inc. Logo
Tattooed Chef, Inc.

TTCF

(1.5)
Skillz Inc. Logo
Skillz Inc.

SKLZ

(1.0)
fuboTV Inc. Logo
fuboTV Inc.

FUBO

(0.5)
ContextLogic Inc. Logo
ContextLogic Inc.

WISH

(1.0)