CORSAIR GAMING INC (CRSR) Stock Fundamental Analysis
NASDAQ:CRSR - US22041X1028 - Common Stock
8.87 USD
+0.11 (+1.26%)
Taking everything into account, CRSR scores 4 out of 10 in our fundamental rating. CRSR was compared to 33 industry peers in the Technology Hardware, Storage & Peripherals industry. The financial health of CRSR is average, but there are quite some concerns on its profitability. CRSR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CRSR had positive earnings in the past year.
CRSR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CRSR reported negative net income in multiple years.
CRSR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -6.88%, CRSR is in line with its industry, outperforming 54.55% of the companies in the same industry.
CRSR has a Return On Equity of -13.93%. This is in the better half of the industry: CRSR outperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.88% | ||
| ROE | -13.93% | ||
| ROIC | N/A |
ROA(3y)-4.16%
ROA(5y)0.58%
ROE(3y)-8.57%
ROE(5y)3.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of CRSR (26.01%) is comparable to the rest of the industry.
CRSR's Gross Margin has improved in the last couple of years.
CRSR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 26.01% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.67%
GM growth 5Y4.01%
2. Health
2.1 Basic Checks
CRSR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CRSR has more shares outstanding
Compared to 5 years ago, CRSR has more shares outstanding
CRSR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.05 indicates that CRSR is not a great score, but indicates only limited risk for bankruptcy at the moment.
CRSR's Altman-Z score of 2.05 is in line compared to the rest of the industry. CRSR outperforms 51.52% of its industry peers.
CRSR has a debt to FCF ratio of 1.05. This is a very positive value and a sign of high solvency as it would only need 1.05 years to pay back of all of its debts.
The Debt to FCF ratio of CRSR (1.05) is better than 87.88% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that CRSR is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.20, CRSR is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.05 | ||
| Altman-Z | 2.05 |
ROIC/WACCN/A
WACC8.17%
2.3 Liquidity
CRSR has a Current Ratio of 1.45. This is a normal value and indicates that CRSR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CRSR (1.45) is comparable to the rest of the industry.
A Quick Ratio of 0.75 indicates that CRSR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.75, CRSR is doing worse than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for CRSR have decreased strongly by -83.78% in the last year.
Looking at the last year, CRSR shows a small growth in Revenue. The Revenue has grown by 2.08% in the last year.
Measured over the past years, CRSR shows a small growth in Revenue. The Revenue has been growing by 3.71% on average per year.
EPS 1Y (TTM)-83.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%114.29%
Revenue 1Y (TTM)2.08%
Revenue growth 3Y-11.58%
Revenue growth 5Y3.71%
Sales Q2Q%22.51%
3.2 Future
Based on estimates for the next years, CRSR will show a very strong growth in Earnings Per Share. The EPS will grow by 192.43% on average per year.
The Revenue is expected to grow by 11.73% on average over the next years. This is quite good.
EPS Next Y1406.03%
EPS Next 2Y348.72%
EPS Next 3Y192.43%
EPS Next 5YN/A
Revenue Next Year16.93%
Revenue Next 2Y13.61%
Revenue Next 3Y11.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 147.83 indicates a quite expensive valuation of CRSR.
The rest of the industry has a similar Price/Earnings ratio as CRSR.
CRSR is valuated expensively when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
CRSR is valuated correctly with a Price/Forward Earnings ratio of 12.23.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRSR indicates a somewhat cheap valuation: CRSR is cheaper than 75.76% of the companies listed in the same industry.
CRSR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.54.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 147.83 | ||
| Fwd PE | 12.23 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CRSR.
Based on the Price/Free Cash Flow ratio, CRSR is valued cheaply inside the industry as 87.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.9 | ||
| EV/EBITDA | 50.05 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CRSR's earnings are expected to grow with 192.43% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y348.72%
EPS Next 3Y192.43%
5. Dividend
5.1 Amount
No dividends for CRSR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:CRSR (9/11/2025, 10:42:03 AM)
8.87
+0.11 (+1.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners37.01%
Inst Owner Change-0.08%
Ins Owners0.65%
Ins Owner Change-0.02%
Market Cap940.57M
Analysts78.33
Price Target11.39 (28.41%)
Short Float %4.48%
Short Ratio3.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-37.77%
Min EPS beat(2)-63.69%
Max EPS beat(2)-11.84%
EPS beat(4)1
Avg EPS beat(4)-154.18%
Min EPS beat(4)-578.4%
Max EPS beat(4)37.22%
EPS beat(8)1
Avg EPS beat(8)-114.48%
EPS beat(12)5
Avg EPS beat(12)-50.04%
EPS beat(16)6
Avg EPS beat(16)-274.04%
Revenue beat(2)1
Avg Revenue beat(2)-0.07%
Min Revenue beat(2)-1.01%
Max Revenue beat(2)0.88%
Revenue beat(4)2
Avg Revenue beat(4)0.75%
Min Revenue beat(4)-1.39%
Max Revenue beat(4)4.54%
Revenue beat(8)3
Avg Revenue beat(8)-2.46%
Revenue beat(12)5
Avg Revenue beat(12)-1.36%
Revenue beat(16)6
Avg Revenue beat(16)-2.44%
PT rev (1m)4.69%
PT rev (3m)-6.94%
EPS NQ rev (1m)11.93%
EPS NQ rev (3m)9.24%
EPS NY rev (1m)3.16%
EPS NY rev (3m)3.16%
Revenue NQ rev (1m)-0.41%
Revenue NQ rev (3m)-0.88%
Revenue NY rev (1m)1.58%
Revenue NY rev (3m)2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 147.83 | ||
| Fwd PE | 12.23 | ||
| P/S | 0.67 | ||
| P/FCF | 7.9 | ||
| P/OCF | 7.26 | ||
| P/B | 1.56 | ||
| P/tB | 9.61 | ||
| EV/EBITDA | 50.05 |
EPS(TTM)0.06
EY0.68%
EPS(NY)0.73
Fwd EY8.18%
FCF(TTM)1.12
FCFY12.65%
OCF(TTM)1.22
OCFY13.78%
SpS13.28
BVpS5.69
TBVpS0.92
PEG (NY)0.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.88% | ||
| ROE | -13.93% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 26.01% | ||
| FCFM | 8.45% |
ROA(3y)-4.16%
ROA(5y)0.58%
ROE(3y)-8.57%
ROE(5y)3.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.67%
GM growth 5Y4.01%
F-Score5
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.05 | ||
| Debt/EBITDA | 6.24 | ||
| Cap/Depr | 19.99% | ||
| Cap/Sales | 0.75% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 683.79% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 2.05 |
F-Score5
WACC8.17%
ROIC/WACCN/A
Cap/Depr(3y)31.17%
Cap/Depr(5y)27.74%
Cap/Sales(3y)1.18%
Cap/Sales(5y)0.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-83.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%114.29%
EPS Next Y1406.03%
EPS Next 2Y348.72%
EPS Next 3Y192.43%
EPS Next 5YN/A
Revenue 1Y (TTM)2.08%
Revenue growth 3Y-11.58%
Revenue growth 5Y3.71%
Sales Q2Q%22.51%
Revenue Next Year16.93%
Revenue Next 2Y13.61%
Revenue Next 3Y11.73%
Revenue Next 5YN/A
EBIT growth 1Y-44.47%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year143.86%
EBIT Next 3Y59.8%
EBIT Next 5YN/A
FCF growth 1Y51.78%
FCF growth 3Y41.25%
FCF growth 5Y-1.6%
OCF growth 1Y29.21%
OCF growth 3Y21.1%
OCF growth 5Y-0.67%