CORSAIR GAMING INC (CRSR) Fundamental Analysis & Valuation

NASDAQ:CRSRUS22041X1028

Current stock price

5.32 USD
-0.21 (-3.8%)
At close:
5.3109 USD
-0.01 (-0.17%)
After Hours:

This CRSR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. CRSR Profitability Analysis

1.1 Basic Checks

  • CRSR had positive earnings in the past year.
  • In the past year CRSR had a positive cash flow from operations.
  • In multiple years CRSR reported negative net income over the last 5 years.
  • In the past 5 years CRSR always reported a positive cash flow from operatings.
CRSR Yearly Net Income VS EBIT VS OCF VS FCFCRSR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M 150M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -0.99%, CRSR is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
  • With a decent Return On Equity value of -1.97%, CRSR is doing good in the industry, outperforming 67.57% of the companies in the same industry.
  • CRSR has a Return On Invested Capital (0.21%) which is in line with its industry peers.
Industry RankSector Rank
ROA -0.99%
ROE -1.97%
ROIC 0.21%
ROA(3y)-2.93%
ROA(5y)-1.19%
ROE(3y)-5.97%
ROE(5y)-1.98%
ROIC(3y)N/A
ROIC(5y)N/A
CRSR Yearly ROA, ROE, ROICCRSR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • CRSR has a Operating Margin (0.15%) which is in line with its industry peers.
  • CRSR's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 28.92%, CRSR perfoms like the industry average, outperforming 51.35% of the companies in the same industry.
  • CRSR's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 0.15%
PM (TTM) N/A
GM 28.92%
OM growth 3YN/A
OM growth 5Y-56.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.27%
GM growth 5Y1.13%
CRSR Yearly Profit, Operating, Gross MarginsCRSR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

4

2. CRSR Health Analysis

2.1 Basic Checks

  • CRSR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • CRSR has more shares outstanding than it did 1 year ago.
  • CRSR has more shares outstanding than it did 5 years ago.
  • CRSR has a better debt/assets ratio than last year.
CRSR Yearly Shares OutstandingCRSR Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
CRSR Yearly Total Debt VS Total AssetsCRSR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • An Altman-Z score of 1.87 indicates that CRSR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.87, CRSR is in line with its industry, outperforming 51.35% of the companies in the same industry.
  • The Debt to FCF ratio of CRSR is 3.49, which is a good value as it means it would take CRSR, 3.49 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 3.49, CRSR is doing good in the industry, outperforming 70.27% of the companies in the same industry.
  • A Debt/Equity ratio of 0.18 indicates that CRSR is not too dependend on debt financing.
  • CRSR's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. CRSR outperforms 64.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 3.49
Altman-Z 1.87
ROIC/WACC0.03
WACC8.18%
CRSR Yearly LT Debt VS Equity VS FCFCRSR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 1.54 indicates that CRSR should not have too much problems paying its short term obligations.
  • CRSR has a Current ratio (1.54) which is in line with its industry peers.
  • A Quick Ratio of 0.84 indicates that CRSR may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.84, CRSR is in line with its industry, outperforming 43.24% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.54
Quick Ratio 0.84
CRSR Yearly Current Assets VS Current LiabilitesCRSR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

5

3. CRSR Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 1625.00% over the past year.
  • CRSR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 53.09% yearly.
  • Looking at the last year, CRSR shows a quite strong growth in Revenue. The Revenue has grown by 11.86% in the last year.
  • Measured over the past years, CRSR shows a decrease in Revenue. The Revenue has been decreasing by -2.86% on average per year.
EPS 1Y (TTM)1625%
EPS 3Y53.09%
EPS 5YN/A
EPS Q2Q%86.96%
Revenue 1Y (TTM)11.86%
Revenue growth 3Y2.31%
Revenue growth 5Y-2.86%
Sales Q2Q%5.63%

3.2 Future

  • CRSR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.91% yearly.
  • Based on estimates for the next years, CRSR will show a small growth in Revenue. The Revenue will grow by 3.66% on average per year.
EPS Next Y16.82%
EPS Next 2Y12.54%
EPS Next 3Y10.91%
EPS Next 5YN/A
Revenue Next Year-2.42%
Revenue Next 2Y2.13%
Revenue Next 3Y3.66%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • 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.
CRSR Yearly Revenue VS EstimatesCRSR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
CRSR Yearly EPS VS EstimatesCRSR Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 1

8

4. CRSR Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 8.72, the valuation of CRSR can be described as reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of CRSR indicates a rather cheap valuation: CRSR is cheaper than 97.30% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 24.89, CRSR is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 7.47, the valuation of CRSR can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, CRSR is valued cheaper than 83.78% of the companies in the same industry.
  • CRSR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
Industry RankSector Rank
PE 8.72
Fwd PE 7.47
CRSR Price Earnings VS Forward Price EarningsCRSR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20

4.2 Price Multiples

  • 81.08% of the companies in the same industry are more expensive than CRSR, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, CRSR is valued a bit cheaper than 67.57% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.33
EV/EBITDA 10.5
CRSR Per share dataCRSR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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.
PEG (NY)0.52
PEG (5Y)N/A
EPS Next 2Y12.54%
EPS Next 3Y10.91%

0

5. CRSR Dividend Analysis

5.1 Amount

  • CRSR does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

CRSR Fundamentals: All Metrics, Ratios and Statistics

CORSAIR GAMING INC

NASDAQ:CRSR (3/27/2026, 8:09:37 PM)

After market: 5.3109 -0.01 (-0.17%)

5.32

-0.21 (-3.8%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)02-12
Earnings (Next)05-04
Inst Owners35.39%
Inst Owner Change-2.31%
Ins Owners0.74%
Ins Owner Change0.58%
Market Cap567.43M
Revenue(TTM)1.47B
Net Income(TTM)-12.46M
Analysts77.14
Price Target8.16 (53.38%)
Short Float %22.53%
Short Ratio4.16
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)1
Avg EPS beat(2)11.94%
Min EPS beat(2)-30.9%
Max EPS beat(2)54.77%
EPS beat(4)1
Avg EPS beat(4)-12.92%
Min EPS beat(4)-63.69%
Max EPS beat(4)54.77%
EPS beat(8)2
Avg EPS beat(8)-109.31%
EPS beat(12)4
Avg EPS beat(12)-73.17%
EPS beat(16)6
Avg EPS beat(16)-273.01%
Revenue beat(2)1
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-4.26%
Max Revenue beat(2)1.5%
Revenue beat(4)2
Avg Revenue beat(4)-0.72%
Min Revenue beat(4)-4.26%
Max Revenue beat(4)1.5%
Revenue beat(8)3
Avg Revenue beat(8)-2.55%
Revenue beat(12)4
Avg Revenue beat(12)-2.01%
Revenue beat(16)6
Avg Revenue beat(16)-2.55%
PT rev (1m)-8.57%
PT rev (3m)-11.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)40.11%
EPS NY rev (1m)4.8%
EPS NY rev (3m)4.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.64%
Revenue NY rev (1m)-2.03%
Revenue NY rev (3m)-10.77%
Valuation
Industry RankSector Rank
PE 8.72
Fwd PE 7.47
P/S 0.39
P/FCF 16.33
P/OCF 11.32
P/B 0.9
P/tB 3.77
EV/EBITDA 10.5
EPS(TTM)0.61
EY11.47%
EPS(NY)0.71
Fwd EY13.39%
FCF(TTM)0.33
FCFY6.12%
OCF(TTM)0.47
OCFY8.83%
SpS13.81
BVpS5.94
TBVpS1.41
PEG (NY)0.52
PEG (5Y)N/A
Graham Number9.03
Profitability
Industry RankSector Rank
ROA -0.99%
ROE -1.97%
ROCE 0.26%
ROIC 0.21%
ROICexc 0.24%
ROICexgc 0.71%
OM 0.15%
PM (TTM) N/A
GM 28.92%
FCFM 2.36%
ROA(3y)-2.93%
ROA(5y)-1.19%
ROE(3y)-5.97%
ROE(5y)-1.98%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y-64.03%
ROICexc growth 3YN/A
ROICexc growth 5Y-58.19%
OM growth 3YN/A
OM growth 5Y-56.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.27%
GM growth 5Y1.13%
F-Score6
Asset Turnover1.17
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 3.49
Debt/EBITDA 2.04
Cap/Depr 28.37%
Cap/Sales 1.04%
Interest Coverage 0.25
Cash Conversion 88.92%
Profit Quality N/A
Current Ratio 1.54
Quick Ratio 0.84
Altman-Z 1.87
F-Score6
WACC8.18%
ROIC/WACC0.03
Cap/Depr(3y)24.24%
Cap/Depr(5y)29.25%
Cap/Sales(3y)0.89%
Cap/Sales(5y)1.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1625%
EPS 3Y53.09%
EPS 5YN/A
EPS Q2Q%86.96%
EPS Next Y16.82%
EPS Next 2Y12.54%
EPS Next 3Y10.91%
EPS Next 5YN/A
Revenue 1Y (TTM)11.86%
Revenue growth 3Y2.31%
Revenue growth 5Y-2.86%
Sales Q2Q%5.63%
Revenue Next Year-2.42%
Revenue Next 2Y2.13%
Revenue Next 3Y3.66%
Revenue Next 5YN/A
EBIT growth 1Y104.36%
EBIT growth 3YN/A
EBIT growth 5Y-57.63%
EBIT Next Year38.51%
EBIT Next 3Y15.53%
EBIT Next 5YN/A
FCF growth 1Y34.01%
FCF growth 3Y-4.66%
FCF growth 5Y-26.32%
OCF growth 1Y39.7%
OCF growth 3Y-8.95%
OCF growth 5Y-21.58%

CORSAIR GAMING INC / CRSR Fundamental Analysis FAQ

What is the ChartMill fundamental rating of CORSAIR GAMING INC (CRSR) stock?

ChartMill assigns a fundamental rating of 5 / 10 to CRSR.


What is the valuation status of CORSAIR GAMING INC (CRSR) stock?

ChartMill assigns a valuation rating of 8 / 10 to CORSAIR GAMING INC (CRSR). This can be considered as Undervalued.


Can you provide the profitability details for CORSAIR GAMING INC?

CORSAIR GAMING INC (CRSR) has a profitability rating of 4 / 10.


What are the PE and PB ratios of CORSAIR GAMING INC (CRSR) stock?

The Price/Earnings (PE) ratio for CORSAIR GAMING INC (CRSR) is 8.72 and the Price/Book (PB) ratio is 0.9.


What is the expected EPS growth for CORSAIR GAMING INC (CRSR) stock?

The Earnings per Share (EPS) of CORSAIR GAMING INC (CRSR) is expected to grow by 16.82% in the next year.