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.
  • 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.
  • Each year in the past 5 years CRSR had a positive operating cash flow.
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.
  • Looking at the Return On Equity, with a value of -1.97%, CRSR is in the better half of 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.
  • CRSR has a Gross Margin (28.92%) which is comparable to the rest of the 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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CRSR is destroying value.
  • 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.
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 1.90 indicates that CRSR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • CRSR has a Altman-Z score (1.90) which is comparable to the rest of the industry.
  • CRSR has a debt to FCF ratio of 3.49. This is a good value and a sign of high solvency as CRSR would need 3.49 years to pay back of all of its debts.
  • CRSR has a Debt to FCF ratio of 3.49. This is in the better half of the industry: CRSR outperforms 70.27% of its industry peers.
  • A Debt/Equity ratio of 0.18 indicates that CRSR is not too dependend on debt financing.
  • CRSR has a better Debt to Equity ratio (0.18) than 64.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 3.49
Altman-Z 1.9
ROIC/WACC0.03
WACC8.17%
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.
  • With a Current ratio value of 1.54, CRSR perfoms like the industry average, outperforming 51.35% of the companies in the same industry.
  • CRSR has a Quick Ratio of 1.54. This is a bad value and indicates that CRSR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CRSR has a Quick ratio (0.84) which is comparable to the rest of the 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.
  • The Revenue has grown by 11.86% in the past year. This is quite good.
  • The Revenue has been decreasing by -2.86% on average over the past years.
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

  • The Earnings Per Share is expected to grow by 10.91% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 3.66% on average over the next years.
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

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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

  • The Price/Earnings ratio is 8.72, which indicates a very decent valuation of CRSR.
  • 97.30% of the companies in the same industry are more expensive than CRSR, based on the Price/Earnings ratio.
  • CRSR is valuated cheaply when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 7.47 indicates a rather cheap valuation of CRSR.
  • CRSR's Price/Forward Earnings ratio is rather cheap when compared to the industry. CRSR is cheaper than 83.78% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of CRSR to the average of the S&P500 Index (22.19), we can say CRSR is valued rather cheaply.
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CRSR indicates a rather cheap valuation: CRSR is cheaper than 81.08% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, CRSR is valued a bit cheaper than the industry average as 67.57% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 16.33
EV/EBITDA 10.89
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

  • CRSR's 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, 6:44:25 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)40.11%
EPS NQ rev (3m)40.11%
EPS NY rev (1m)4.8%
EPS NY rev (3m)4.8%
Revenue NQ rev (1m)-9.64%
Revenue NQ rev (3m)-9.64%
Revenue NY rev (1m)-10.77%
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 10.89
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 1.9
F-Score6
WACC8.17%
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.