Corsair Gaming (NASDAQ:CRSR) vs. Canaan (NASDAQ:CAN) Head to Head Survey

Canaan (NASDAQ:CAN) and Corsair Gaming (NASDAQ:CRSR) are both small-cap technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, dividends, analyst recommendations, risk, profitability and institutional ownership.

Profitability

This table compares Canaan and Corsair Gaming’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canaan	-41.71%	-55.84%	-35.47%
Corsair Gaming	2.36%	13.10%	6.88%

Analyst Recommendations

This is a breakdown of current ratings and target prices for Canaan and Corsair Gaming, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canaan	1	0	6	0	2.71
Corsair Gaming	1	3	4	1	2.56

Canaan presently has a consensus price target of $2.01, suggesting a potential upside of 446.78%. Corsair Gaming has a consensus price target of $12.00, suggesting a potential downside of 1.07%. Given Canaan’s stronger consensus rating and higher possible upside, analysts plainly believe Canaan is more favorable than Corsair Gaming.

Earnings and Valuation

This table compares Canaan and Corsair Gaming”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canaan	$529.73 million	0.50	-$210.27 million	($0.34)	-1.08
Corsair Gaming	$1.47 billion	0.89	-$12.47 million	$0.30	40.43

Corsair Gaming has higher revenue and earnings than Canaan. Canaan is trading at a lower price-to-earnings ratio than Corsair Gaming, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Canaan has a beta of 2.63, indicating that its share price is 163% more volatile than the S&P 500. Comparatively, Corsair Gaming has a beta of 1.85, indicating that its share price is 85% more volatile than the S&P 500.

Insider & Institutional Ownership

70.1% of Canaan shares are owned by institutional investors. Comparatively, 25.7% of Corsair Gaming shares are owned by institutional investors. 0.3% of Canaan shares are owned by company insiders. Comparatively, 54.5% of Corsair Gaming shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Corsair Gaming beats Canaan on 10 of the 15 factors compared between the two stocks.

About Canaan

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally. Canaan Inc. was founded in 2013 and is based in Singapore.

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.