Corsair Gaming, Inc.

  • Market Cap: Small Cap
  • Industry: Software Products
  • ISIN: US22041X1028
USD
6.70
0.24 (3.72%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Comparison
Company
Score
Quality
Valuation
Financial
Technical
Cellebrite DI Ltd.
SolarWinds Corp.
Clear Secure, Inc.
Zeta Global Holdings Corp.
Agilysys, Inc.
Clearwater Analytics Holdings, Inc.
Corsair Gaming, Inc.
Sapiens International Corp. NV
Alkami Technology, Inc.
Donnelley Financial Solutions, Inc.
NextGen Healthcare, Inc.
Why is Corsair Gaming, Inc. ?
1
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
2
Company has a low Debt to Equity ratio (avg) at times
3
Poor long term growth as Operating profit has grown by an annual rate -184.94% of over the last 5 years
4
The company has declared positive results in Mar'2025 after 4 consecutive negative quarters
  • OPERATING CASH FLOW(Y) Highest at USD 129.6 MM
  • RAW MATERIAL COST(Y) Fallen by -11.62% (YoY)
  • DEBTORS TURNOVER RATIO(HY) Highest at 7.65 times
5
Risky - Negative Operating Profits
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of -19.45%, its profits have fallen by -1435.1%
6
High Institutional Holdings at 39.28%
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
  • Their stake has increased by 1.7% over the previous quarter.
stock-recommendationReal-Time Research Report
Verdict Report
How much should you hold?
  1. Overall Portfolio exposure to Corsair Gaming, Inc. should be less than 10%
  2. 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, Low Return

Absolute
Risk Adjusted
Volatility
Corsair Gaming, Inc.
-14.54%
-0.67
66.85%
S&P 500
13.22%
0.61
20.17%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
1.61%
EBIT Growth (5y)
-184.94%
EBIT to Interest (avg)
1.23
Debt to EBITDA (avg)
7.47
Net Debt to Equity (avg)
0.10
Sales to Capital Employed (avg)
1.67
Tax Ratio
44.78%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
39.28%
ROCE (avg)
8.14%
ROE (avg)
8.08%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.60
EV to EBIT
-24.62
EV to EBITDA
98.92
EV to Capital Employed
1.54
EV to Sales
0.77
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.26%
ROE (Latest)
-15.38%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Bearish
Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

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

10What is working for the Company
OPERATING CASH FLOW(Y)

Highest at USD 129.6 MM

RAW MATERIAL COST(Y)

Fallen by -11.62% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 7.65 times

NET PROFIT(Q)

At USD -14 MM has Grown at 41.07%

-2What is not working for the Company
INVENTORY TURNOVER RATIO(HY)

Lowest at 3.71 times

PRE-TAX PROFIT(Q)

At USD -17.68 MM has Fallen at -26.95%

Here's what is working for Corsair Gaming, Inc.
Operating Cash Flow
Highest at USD 129.6 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Profit
At USD -14 MM has Grown at 41.07%
over average net sales of the previous four periods of USD -23.76 MM
MOJO Watch
Near term Net Profit trend is positive

Net Profit (USD MM)

Debtors Turnover Ratio
Highest at 7.65 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 -11.62% (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.
Pre-Tax Profit
At USD -17.68 MM has Fallen at -26.95%
over average net sales of the previous four periods of USD -13.92 MM
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (USD MM)

Inventory Turnover Ratio
Lowest at 3.71 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio