Head to Head Review: Corsair Gaming (CRSR) vs. Its Competitors

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Corsair Gaming	2.80%	13.91%	7.42%
Corsair Gaming Competitors	-92.29%	-31.01%	7.88%

Volatility and Risk

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 rivals 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 rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Corsair Gaming	$1.47 billion	-$12.47 million	39.47
Corsair Gaming Competitors	$25.41 billion	$3.72 billion	3.92

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

Analyst Ratings

This is a summary of current ratings and price targets for Corsair Gaming and its rivals, as reported 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	1115	4396	7811	380	2.54

Corsair Gaming currently has a consensus price target of $12.14, suggesting a potential upside of 2.56%. As a group, “Technology Hardware, Storage & Peripherals” companies have a potential upside of 78.55%. Given Corsair Gaming’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Corsair Gaming has less favorable growth aspects than its rivals.

Institutional and Insider 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

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

About Corsair Gaming

Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. Corsair Gaming, Inc. was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc in August 2017. The company was incorporated in 1994 and is headquartered in Milpitas, California.