Corsair Gaming Gross Profit vs. EBITDA
| 6C2 Stock | EUR 6.89 0.04 0.58% |
For Corsair Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Corsair Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Corsair Gaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Corsair Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Corsair Gaming over time as well as its relative position and ranking within its peers.
Corsair |
Corsair Gaming EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Corsair Gaming's current stock value. Our valuation model uses many indicators to compare Corsair Gaming value to that of its competitors to determine the firm's financial worth. Corsair Gaming is number one stock in gross profit category among its peers. It also is number one stock in ebitda category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Corsair Gaming's earnings, one of the primary drivers of an investment's value.Corsair EBITDA vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Corsair Gaming |
| = | 296.63 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Corsair Gaming |
| = | (1.06 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Corsair EBITDA Comparison
Corsair Gaming is currently under evaluation in ebitda category among its peers.
Corsair Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Corsair Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Corsair Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Corsair Gaming's change in net profit over the period of time. It can combine multiple indicators of Corsair Gaming, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. Corsair Gaming, Inc. operates as a subsidiary of Corsair Group , LP. CORSAIR GAMING operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2411 people.
Corsair Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Corsair Gaming. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Corsair Gaming position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Corsair Gaming's important profitability drivers and their relationship over time.
Use Corsair Gaming in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corsair Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corsair Gaming will appreciate offsetting losses from the drop in the long position's value.Corsair Gaming Pair Trading
Corsair Gaming Pair Trading Analysis
The ability to find closely correlated positions to Corsair Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corsair Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corsair Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corsair Gaming to buy it.
The correlation of Corsair Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corsair Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corsair Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corsair Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Corsair Gaming position
In addition to having Corsair Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Corsair Stock
When determining whether Corsair Gaming is a strong investment it is important to analyze Corsair Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corsair Gaming's future performance. For an informed investment choice regarding Corsair Stock, refer to the following important reports:Check out Trending Equities. For more detail on how to invest in Corsair Stock please use our How to Invest in Corsair Gaming guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Corsair Gaming's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Corsair Gaming at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Corsair Gaming's income statement, its balance sheet, and the statement of cash flows.