Lenovo Group (OTCMKTS:LNVGY) and Corsair Gaming (NASDAQ:CRSR) Financial Comparison

Corsair Gaming (NASDAQ:CRSR) and Lenovo Group (OTCMKTS:LNVGY) are both technology companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations and risk.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Corsair Gaming and Lenovo Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corsair Gaming	1	3	4	1	2.56
Lenovo Group	0	2	0	0	2.00

Corsair Gaming presently has a consensus price target of $12.00, indicating a potential downside of 11.70%. Given Corsair Gaming’s stronger consensus rating and higher possible upside, analysts plainly believe Corsair Gaming is more favorable than Lenovo Group.

Volatility & Risk

Corsair Gaming has a beta of 1.86, suggesting that its stock price is 86% more volatile than the S&P 500. Comparatively, Lenovo Group has a beta of 1.27, suggesting that its stock price is 27% more volatile than the S&P 500.

Insider & Institutional Ownership

25.7% of Corsair Gaming shares are owned by institutional investors. Comparatively, 0.1% of Lenovo Group shares are owned by institutional investors. 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 stock will outperform the market over the long term.

Valuation & Earnings

This table compares Corsair Gaming and Lenovo Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corsair Gaming	$1.47 billion	1.00	-$12.47 million	$0.30	45.30
Lenovo Group	$83.08 billion	0.67	$1.91 billion	$1.03	87.37

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

Profitability

This table compares Corsair Gaming and Lenovo Group’s 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%
Lenovo Group	0.88%	34.24%	4.76%

Summary

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

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.

About Lenovo Group

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones. In addition, it provides laptops, monitors, accessories, smart home and collaboration solutions, augmented and virtual reality, commercial internet of things, and smart infrastructure data center solutions. Further, the company manufactures and distributes IT products, computers, computer hardware, and peripheral equipment; and offers IT, business planning, management, supply chain, finance, administration support, procurement agency, data management, intellectual property, and investment management services. Additionally, it is involved in the retail and service business for consumer electronic products and related digital services; development, ownership, licensing, and sale of communications hardware and software; and develops software and applications. Furthermore, the company distributes smartphone, tablet, server, and storage. It operates in China, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Lenovo Group Limited was founded in 1984 and is headquartered in Quarry Bay, Hong Kong.