Overview Dividends

(CRSR) Corsair Gaming - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US22041X1028

Keyboards,Mice,Headsets,Memory,Power Supply

CRSR EPS (Earnings per Share)

EPS Growth (3Y CAGR): -35.46%
EPS Trend (3Y Correlation): -30.8%

CRSR Revenue

Revenue Growth (3Y CAGR): -5.05%
Revenue Trend (3Y Correlation): -19.9%

Risk via 10d forecast
Volatility	70.6%
Value at Risk 5%th	105%
Relative Tail Risk	-9.61%

Reward TTM
Sharpe Ratio	0.07
Alpha	-39.98

Character TTM
Hurst Exponent	0.527
Beta	2.196
Beta Downside	2.237

Drawdowns 3y
Max DD	71.36%
Mean DD	39.79%
Median DD	42.71%

Description: CRSR Corsair Gaming August 24, 2025

Corsair Gaming Inc (NASDAQ:CRSR) is a US-based technology hardware company specializing in storage and peripherals. The companys quarterly tax provision is a critical aspect of its financial reporting, influencing its overall profitability and cash flow.

To evaluate CRSRs stock performance, key metrics such as Market Capitalization ($897.07M USD) and Forward Price-to-Earnings ratio (20.45) are essential. The negative Return on Equity (-12.73%) indicates that the company has been generating losses, which may impact investor confidence.

From a trading perspective, CRSRs volatility is relatively high, with a Beta of 1.768, suggesting that the stocks price movements are closely tied to overall market fluctuations. The Average True Range (ATR) of 4.05% indicates moderate daily price swings, which may present opportunities for traders.

To drive growth, CRSR must focus on key economic drivers such as demand for gaming peripherals, competition in the technology hardware market, and overall PC sales trends. The companys ability to manage its tax provision effectively will be crucial in maintaining profitability. Key Performance Indicators (KPIs) to monitor include revenue growth, gross margin expansion, and operating expense management.

A thorough analysis of CRSRs financials and market trends is necessary to identify potential investment opportunities. By examining the companys quarterly tax provision, investors can gain insights into its financial health and make informed decisions.

CRSR Stock Overview

Market Cap in USD	698m
Sub-Industry	Technology Hardware, Storage & Peripherals
IPO / Inception	2020-09-23
Return 12m vs S&P 500	-23.1%
Analyst Rating	3.83 of 5

CRSR Dividends

Currently no dividends paid

CRSR Growth Ratios

CAGR 3y	-29.35%
CAGR/Max DD Calmar Ratio	-0.41
CAGR/Mean DD Pain Ratio	-0.74
Current Volume	802.9k
Average Volume	791k

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (-39.7m TTM) > 0 and > 6% of Revenue (6% = 87.0m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 2.42pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 13.64% (prev 15.94%; Δ -2.30pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 67.5m > Net Income -39.7m (YES >=105%, WARN >=100%)

Net Debt (120.4m) to EBITDA (30.7m) ratio: 3.93 <= 3.0 (WARN <= 3.5)

Current Ratio 1.48 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (106.3m) change vs 12m ago 1.81% (target <= -2.0% for YES)

Gross Margin 26.88% (prev 24.40%; Δ 2.48pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 120.7% (prev 109.8%; Δ 10.95pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -2.29 (EBITDA TTM 30.7m / Interest Expense TTM 10.1m) >= 6 (WARN >= 3)

Altman Z'' 0.52

(A) 0.16 = (Total Current Assets 607.7m - Total Current Liabilities 410.0m) / Total Assets 1.20b

(B) -0.08 = Retained Earnings (Balance) -95.4m / Total Assets 1.20b

(D) -0.16 = Book Value of Equity -95.7m / Total Liabilities 587.9m

Total Rating: 0.52 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 38.20

1. Piotroski 5.50pt = 0.50

2. FCF Yield 6.83% = 3.41

3. FCF Margin 3.86% = 0.96

4. Debt/Equity 0.31 = 2.45

5. Debt/Ebitda 3.93 = -2.50

6. ROIC - WACC (= -15.23)% = -12.50

7. RoE -6.56% = -1.09

8. Rev. Trend -19.94% = -1.50

9. EPS Trend -30.83% = -1.54

What is the price of CRSR shares?

As of November 17, 2025, the stock is trading at USD 6.07 with a total of 802,863 shares traded.
Over the past week, the price has changed by -7.33%, over one month by -24.12%, over three months by -31.64% and over the past year by -11.90%.

Is Corsair Gaming a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Corsair Gaming (NASDAQ:CRSR) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 38.20 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CRSR is around 4.15 USD . This means that CRSR is currently overvalued and has a potential downside of -31.63%.

Is CRSR a buy, sell or hold?

Corsair Gaming has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy CRSR.

Strong Buy: 2
Buy: 1
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CRSR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	9.8	61.6%
Analysts Target Price	9.8	61.6%
ValueRay Target Price	4.8	-21.7%

CRSR Fundamental Data Overview November 11, 2025

Market Cap USD = 698.1m (698.1m USD * 1.0 USD.USD)
P/E Forward = 20.4499
P/S = 0.4817
P/B = 1.3994
Beta = 1.49
Revenue TTM = 1.45b USD
EBIT TTM = -23.1m USD
EBITDA TTM = 30.7m USD
Long Term Debt = 161.3m USD (from longTermDebt, last fiscal year)
Short Term Debt = 20.4m USD (from shortTermDebt, last quarter)
Debt = 186.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 120.4m USD (from netDebt column, last quarter)
Enterprise Value = 818.5m USD (698.1m + Debt 186.2m - CCE 65.8m)
Interest Coverage Ratio = -2.29 (Ebit TTM -23.1m / Interest Expense TTM 10.1m)
FCF Yield = 6.83% (FCF TTM 55.9m / Enterprise Value 818.5m)
FCF Margin = 3.86% (FCF TTM 55.9m / Revenue TTM 1.45b)
Net Margin = -2.74% (Net Income TTM -39.7m / Revenue TTM 1.45b)
Gross Margin = 26.88% ((Revenue TTM 1.45b - Cost of Revenue TTM 1.06b) / Revenue TTM)
Gross Margin QoQ = 26.92% (prev 26.83%)
Tobins Q-Ratio = 0.68 (Enterprise Value 818.5m / Total Assets 1.20b)
Interest Expense / Debt = 1.00% (Interest Expense 1.86m / Debt 186.2m)
Taxrate = -25.02% (negative due to tax credits) (2.08m / -8.31m)
NOPAT = -28.9m (EBIT -23.1m * (1 - -25.02%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.48 (Total Current Assets 607.7m / Total Current Liabilities 410.0m)
Debt / Equity = 0.31 (Debt 186.2m / totalStockholderEquity, last quarter 600.2m)
Debt / EBITDA = 3.93 (Net Debt 120.4m / EBITDA 30.7m)
Debt / FCF = 2.16 (Net Debt 120.4m / FCF TTM 55.9m)
Total Stockholder Equity = 604.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.31% (Net Income -39.7m / Total Assets 1.20b)
RoE = -6.56% (Net Income TTM -39.7m / Total Stockholder Equity 604.3m)
RoCE = -3.02% (EBIT -23.1m / Capital Employed (Equity 604.3m + L.T.Debt 161.3m))
RoIC = -3.83% (negative operating profit) (NOPAT -28.9m / Invested Capital 754.5m)
WACC = 11.40% (E(698.1m)/V(884.3m) * Re(14.11%) + D(186.2m)/V(884.3m) * Rd(1.00%) * (1-Tc(-0.25)))
Discount Rate = 14.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.03%
[DCF Debug] Terminal Value 48.45% ; FCFE base≈44.3m ; Y1≈29.1m ; Y5≈13.3m
Fair Price DCF = 1.23 (DCF Value 131.6m / Shares Outstanding 106.6m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -30.83 | EPS CAGR: -35.46% | SUE: -0.23 | # QB: 0
Revenue Correlation: -19.94 | Revenue CAGR: -5.05% | SUE: -0.43 | # QB: 0

Additional Sources for CRSR Stock

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