Corsair Gaming, Inc. (CRSR) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Agilysys, Inc.

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Zeta Global Holdings Corp.

Donnelley Financial Solutions, Inc.

Corsair Gaming, Inc.

Clearwater Analytics Holdings, Inc.

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Alkami Technology, Inc.

Cellebrite DI Ltd.

NextGen Healthcare, Inc.

Why is Corsair Gaming, Inc. ?

Poor Management Efficiency with a low ROE of 8.08%

The company has been able to generate a Return on Equity (avg) of 8.08% signifying low profitability per unit of shareholders funds

The company is Net-Debt Free

Poor long term growth as Operating profit has grown by an annual rate -58.15% of over the last 5 years

The company has declared positive results for the last 5 consecutive quarters

PRE-TAX PROFIT(Q) At USD 9.02 MM has Grown at 208.16%
ROCE(HY) Highest at 5.25%
NET PROFIT(Q) At USD 6.73 MM has Grown at 121.21%

With ROE of -1.05%, it has a attractive valuation with a 0.90 Price to Book Value

The stock is trading at a premium compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 53.97%, its profits have risen by 93.2%

High Institutional Holdings at 51.87%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Their stake has increased by 8.16% over the previous quarter.

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Corsair Gaming, Inc. should be less than 10%
Overall Portfolio exposure to Software Products should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Corsair Gaming, Inc. for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Corsair Gaming, Inc.

53.97%

0.22

91.89%

S&P 500

15.36%

1.17

13.09%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-2.86%

EBIT Growth (5y)

-58.15%

EBIT to Interest (avg)

1.23

Debt to EBITDA (avg)

7.47

Net Debt to Equity (avg)

0.10

Sales to Capital Employed (avg)

1.75

Tax Ratio

44.78%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

43.71%

ROCE (avg)

8.14%

ROE (avg)

8.08%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.90

EV to EBIT

292.20

EV to EBITDA

10.78

EV to Capital Employed

0.90

EV to Sales

0.41

PEG Ratio

Dividend Yield

ROCE (Latest)

0.31%

ROE (Latest)

-1.05%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

20What is working for the Company

PRE-TAX PROFIT(Q)

At USD 9.02 MM has Grown at 208.16%

ROCE(HY)

Highest at 5.25%

NET PROFIT(Q)

At USD 6.73 MM has Grown at 121.21%

RAW MATERIAL COST(Y)

Fallen by -24.58% (YoY

DEBT-EQUITY RATIO (HY)

Lowest at -1.31 %

DEBTORS TURNOVER RATIO(HY)

Highest at 8.56 times

-4What is not working for the Company

INVENTORY TURNOVER RATIO(HY)

Lowest at 3.55 times

NET SALES(Q)

Lowest at USD 314.33 MM

Here's what is working for Corsair Gaming, Inc.

Pre-Tax Profit

At USD 9.02 MM has Grown at 208.16%

over average net sales of the previous four periods of USD 2.93 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (USD MM)

Net Profit

At USD 6.73 MM has Grown at 121.21%

over average net sales of the previous four periods of USD 3.04 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (USD MM)

Debt-Equity Ratio

Lowest at -1.31 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Debtors Turnover Ratio

Highest at 8.56 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -24.58% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Corsair Gaming, Inc.

Net Sales

At USD 314.33 MM has Fallen at -13.72%

over average net sales of the previous four periods of USD 364.31 MM

MOJO Watch

Near term sales trend is very negative

Net Sales (USD MM)

Net Sales

Lowest at USD 314.33 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (USD MM)

Inventory Turnover Ratio

Lowest at 3.55 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio