Corsair Gaming Valuation

Is CRSR * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CRSR * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CRSR * (MX$141.11) is trading below our estimate of fair value (MX$509.84)

Significantly Below Fair Value: CRSR * is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRSR *?

Key metric: As CRSR * is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CRSR *. This is calculated by dividing CRSR *'s market cap by their current revenue.
What is CRSR *'s PS Ratio?
PS Ratio0.5x
SalesUS$1.32b
Market CapUS$721.39m

Price to Sales Ratio vs Peers

How does CRSR *'s PS Ratio compare to its peers?

The above table shows the PS ratio for CRSR * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.6x
5289 Innodisk
2.4x17.8%NT$20.6b
002912 Shenzhen Sinovatio Technology
7.9x23.9%CN¥4.7b
002376 Shandong New Beiyang Information Technology
1.8xn/aCN¥4.3b
002577 Shenzhen Rapoo Technology
10.3xn/aCN¥4.6b
CRSR * Corsair Gaming
0.5x10.2%Mex$721.4m

Price-To-Sales vs Peers: CRSR * is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (5.8x).


Price to Sales Ratio vs Industry

How does CRSR *'s PS Ratio compare vs other companies in the Global Tech Industry?

43 CompaniesPrice / SalesEstimated GrowthMarket Cap
No. of Companies50PS01.22.43.64.86+
43 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CRSR * is good value based on its Price-To-Sales Ratio (0.5x) compared to the Global Tech industry average (1.3x).


Price to Sales Ratio vs Fair Ratio

What is CRSR *'s PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRSR * PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CRSR *'s Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CRSR * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$141.11
Mex$175.59
+24.4%
11.2%Mex$198.24Mex$138.77n/a7
Nov ’25n/a
Mex$201.62
0%
16.9%Mex$270.67Mex$154.67n/a7
Oct ’25Mex$139.98
Mex$201.62
+44.0%
16.9%Mex$270.67Mex$154.67n/a7
Sep ’25Mex$140.00
Mex$205.23
+46.6%
13.9%Mex$268.16Mex$172.39n/a7
Aug ’25Mex$149.00
Mex$247.98
+66.4%
18.6%Mex$307.39Mex$180.82n/a7
Jul ’25Mex$195.00
Mex$265.54
+36.2%
10.6%Mex$304.16Mex$219.67n/a7
Jun ’25Mex$196.00
Mex$265.54
+35.5%
10.6%Mex$304.16Mex$219.67n/a7
May ’25n/a
Mex$271.05
0%
11.4%Mex$307.68Mex$222.22n/a7
Apr ’25Mex$199.00
Mex$271.05
+36.2%
11.4%Mex$307.68Mex$222.22n/a7
Mar ’25Mex$210.00
Mex$271.05
+29.1%
11.4%Mex$307.68Mex$222.22n/a7
Feb ’25Mex$226.00
Mex$308.34
+36.4%
14.5%Mex$368.51Mex$245.67n/a7
Jan ’25Mex$236.59
Mex$308.34
+30.3%
14.5%Mex$368.51Mex$245.67n/a7
Dec ’24Mex$215.00
Mex$308.34
+43.4%
14.5%Mex$368.51Mex$245.67n/a7
Nov ’24n/a
Mex$358.54
0%
8.5%Mex$381.92Mex$290.99n/a7
Oct ’24n/a
Mex$337.63
0%
8.5%Mex$359.65Mex$274.02Mex$139.987
Sep ’24Mex$247.00
Mex$328.03
+32.8%
10.3%Mex$357.85Mex$272.64Mex$140.008
Aug ’24Mex$300.00
Mex$313.96
+4.7%
10.9%Mex$351.63Mex$251.17Mex$149.008
Jul ’24Mex$300.00
Mex$322.06
+7.4%
10.3%Mex$369.32Mex$263.80Mex$195.008
Jun ’24Mex$339.07
Mex$322.06
-5.0%
10.3%Mex$369.32Mex$263.80Mex$196.008
May ’24n/a
Mex$318.94
0%
8.8%Mex$360.64Mex$270.48n/a8
Apr ’24Mex$320.00
Mex$323.84
+1.2%
8.0%Mex$354.49Mex$279.86Mex$199.007
Mar ’24n/a
Mex$323.84
0%
8.0%Mex$354.49Mex$279.86Mex$210.007
Feb ’24Mex$284.00
Mex$300.60
+5.8%
4.0%Mex$316.56Mex$279.32Mex$226.007
Jan ’24n/a
Mex$312.27
0%
3.1%Mex$331.79Mex$292.76Mex$236.598
Dec ’23Mex$320.00
Mex$312.27
-2.4%
3.1%Mex$331.79Mex$292.76Mex$215.008
Nov ’23Mex$260.00
Mex$352.65
+35.6%
7.8%Mex$397.35Mex$317.88n/a8

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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