Financial Contrast: Corsair Gaming (CRSR) versus Its Rivals

Corsair Gaming (NASDAQ:CRSR) is one of 82 public companies in the “Technology Hardware, Storage & Peripherals” industry, but how does it weigh in compared to its competitors? We will compare Corsair Gaming to similar businesses based on the strength of its dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.

Analyst Recommendations

This is a summary of current ratings for Corsair Gaming and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corsair Gaming	1	4	3	0	2.25
Corsair Gaming Competitors	1118	4398	7813	380	2.54

Corsair Gaming currently has a consensus target price of $12.14, indicating a potential upside of 2.64%. As a group, “Technology Hardware, Storage & Peripherals” companies have a potential upside of 74.46%. Given Corsair Gaming’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Corsair Gaming has less favorable growth aspects than its competitors.

Profitability

This table compares Corsair Gaming and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corsair Gaming	2.36%	13.10%	6.88%
Corsair Gaming Competitors	-113.06%	-31.03%	7.34%

Insider and Institutional Ownership

25.7% of Corsair Gaming shares are owned by institutional investors. Comparatively, 51.6% of shares of all “Technology Hardware, Storage & Peripherals” companies are owned by institutional investors. 54.5% of Corsair Gaming shares are owned by insiders. Comparatively, 11.0% of shares of all “Technology Hardware, Storage & Peripherals” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Risk and Volatility

Corsair Gaming has a beta of 1.95, indicating that its stock price is 95% more volatile than the S&P 500. Comparatively, Corsair Gaming’s competitors have a beta of 1.75, indicating that their average stock price is 75% more volatile than the S&P 500.

Earnings & Valuation

This table compares Corsair Gaming and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Corsair Gaming	$1.47 billion	-$12.47 million	31.97
Corsair Gaming Competitors	$24.67 billion	$3.64 billion	1.31

Corsair Gaming’s competitors have higher revenue and earnings than Corsair Gaming. Corsair Gaming is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Corsair Gaming competitors beat Corsair Gaming on 8 of the 13 factors compared.

About Corsair Gaming

Corsair Gaming, Inc. develops and sells products for gamers, PC builders and content creators. Founded in 1994, the company has grown from a maker of computer memory into a provider of gaming equipment and PC components. Its products include keyboards, mice, headsets and other gaming peripherals, as well as computer memory, cases, power supplies and cooling systems. Through brands such as Elgato and SCUF, Corsair also offers streaming and content-creation equipment, custom controllers and related products.