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. More Details
Proven track record with reasonable growth potential.
Share Price & News
How has Corsair Gaming's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRSR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CRSR's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how CRSR performed against the US Tech industry.
Return vs Market: Insufficient data to determine how CRSR performed against the US Market.
Long-Term Price Volatility Vs. Market
How volatile is Corsair Gaming's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWill Weakness in Corsair Gaming, Inc.'s (NASDAQ:CRSR) Stock Prove Temporary Given Strong Fundamentals?
1 month ago | Simply Wall StBullish: Analysts Just Made A Meaningful Upgrade To Their Corsair Gaming, Inc. (NASDAQ:CRSR) Forecasts
2 months ago | Simply Wall StEarnings Update: Here's Why Analysts Just Lifted Their Corsair Gaming, Inc. (NASDAQ:CRSR) Price Target To US$48.33
Is Corsair Gaming undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CRSR ($33.67) is trading below our estimate of fair value ($66.78)
Significantly Below Fair Value: CRSR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CRSR's PE Ratio (28.1x) is in line with the US Tech industry average.
PE vs Market: CRSR is poor value based on its PE Ratio (28.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: CRSR is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: CRSR is overvalued based on its PB Ratio (7.1x) compared to the US Tech industry average (3.3x).
How is Corsair Gaming forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRSR's forecast earnings growth (20.8% per year) is above the savings rate (2%).
Earnings vs Market: CRSR's earnings (20.8% per year) are forecast to grow faster than the US market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CRSR's revenue (9.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: CRSR's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRSR's Return on Equity is forecast to be high in 3 years time (29.8%)
How has Corsair Gaming performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRSR has high quality earnings.
Growing Profit Margin: CRSR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CRSR's earnings have grown significantly by 32.5% per year over the past 5 years.
Accelerating Growth: CRSR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CRSR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (-26.4%).
Return on Equity
High ROE: CRSR's Return on Equity (23.6%) is considered high.
How is Corsair Gaming's financial position?
Financial Position Analysis
Short Term Liabilities: CRSR's short term assets ($691.0M) exceed its short term liabilities ($505.4M).
Long Term Liabilities: CRSR's short term assets ($691.0M) exceed its long term liabilities ($371.3M).
Debt to Equity History and Analysis
Debt Level: CRSR's debt to equity ratio (73.5%) is considered high.
Reducing Debt: Insufficient data to determine if CRSR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CRSR's debt is well covered by operating cash flow (52.6%).
Interest Coverage: CRSR's interest payments on its debt are well covered by EBIT (4.6x coverage).
What is Corsair Gaming current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRSR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRSR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CRSR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRSR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CRSR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Paul (63 yo)
Mr. Andrew J. Paul, also known as Andy, has been the Chief Executive Officer at Corsair Components, Inc. since 1994 and serves as its Director since September 2018 and served as its President since 1994 un...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD713.51K) is below average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Experienced Management: CRSR's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: CRSR's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CRSR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: CRSR only recently listed within the past 12 months.
Corsair Gaming, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Corsair Gaming, Inc.
- Ticker: CRSR
- Exchange: NasdaqGS
- Founded: 1994
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$3.103b
- Shares outstanding: 92.05m
- Website: https://www.corsair.com
Number of Employees
- Corsair Gaming, Inc.
- 47100 Bayside Parkway
- United States
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 Pacif...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 23:33|
|End of Day Share Price||2021/04/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.