Corsair Gaming (FRA:6C2) Debt-to-EBITDA : 1.68 (As of Mar. 2026) — 55% Below Median

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FRA:6C2 Corsair Gaming Inc FRA:6C2
70 GF Score
Price €9.24
GF Value €8.06
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Corsair Gaming Debt-to-EBITDA?

Corsair Gaming FRA:6C2 -0.22% 70 Debt-to-EBITDA is 1.68 as of Mar. 2026, which is 55% below its 10-year median of 3.76. GuruFocus rates FRA:6C2 with a GF Score™ of 70/100 and a GF Value™ of €8.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,792 Hardware companies, Corsair Gaming ranks worse than 60.71% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Corsair Gaming's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €20 Mil. Corsair Gaming's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €142 Mil. Corsair Gaming's annualized EBITDA for the quarter that ended in Mar. 2026 was €97 Mil. Corsair Gaming's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.68.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Corsair Gaming's Debt-to-EBITDA or its related term are showing as below:

FRA:6C2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -432.17   Med: 3.76   Max: 68.79
Current: 2.62

During the past 8 years, the highest Debt-to-EBITDA Ratio of Corsair Gaming was 68.79. The lowest was -432.17. And the median was 3.76.

FRA:6C2's Debt-to-EBITDA is ranked worse than
60.71% of 1792 companies
in the Hardware industry
Industry Median: 1.71 vs FRA:6C2: 2.62

Corsair Gaming  (FRA:6C2) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Corsair Gaming Debt-to-EBITDA Related Terms


Corsair Gaming Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Corsair Gaming's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Corsair Gaming Debt-to-EBITDA Chart

Corsair Gaming Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 1.79 -432.01 3.81 68.79 3.71

Corsair Gaming Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.13 -9.55 6.35 1.15 1.68

FRA:6C2 vs CRCT, UMAC, BRAI: Debt-to-EBITDA Comparison

For the Computer Hardware subindustry, Corsair Gaming's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corsair Gaming Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Corsair Gaming's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Corsair Gaming's Debt-to-EBITDA falls into.


FRA:6C2
70GF Score
Corsair Gaming Inc FRA:6C2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corsair Gaming Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Corsair Gaming's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.232 + 143.478) / 43.888
=3.71

Corsair Gaming's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.285 + 142.209) / 96.7
=1.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.68 mean?
Corsair Gaming (FRA:6C2) has a Debt-to-EBITDA of 1.68 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Corsair Gaming. This is 55% below median its historical median of 3.76. According to the industry distribution chart, Corsair Gaming ranks #1088 out of 1792 companies in the Hardware industry, placing it in the top 60.7%.
Is Corsair Gaming's Debt-to-EBITDA too high?
Corsair Gaming's current Debt-to-EBITDA of 1.68 is 55% below median its 10-year median of 3.76. The Hardware industry median Debt-to-EBITDA is 1.71. Corsair Gaming's value of 1.68 is 1.8% below this industry median. Based on the distribution chart, Corsair Gaming ranks #1088 out of 1792 companies in the Hardware industry, which is below the industry midpoint. Overall, Corsair Gaming has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corsair Gaming's Debt-to-EBITDA compare to CRCT and UMAC?
According to the Hardware industry distribution chart, Corsair Gaming ranks #1088 out of 1792 companies for Debt-to-EBITDA. This places Corsair Gaming in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Corsair Gaming's value of 1.68 is 1.8% below this benchmark. While the company's 10-year median is 3.76 vs. the industry median of 1.71, Corsair Gaming has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,792 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corsair Gaming's current Debt-to-EBITDA of 1.68 is 1.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Corsair Gaming. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corsair Gaming's current Debt-to-EBITDA is 1.68, which is 55% below median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corsair Gaming stock overvalued right now?
Based on GuruFocus' analysis, Corsair Gaming (FRA:6C2) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.06, compared to a current price of €9.24 — trading 14.6% above its estimated fair value. The current Debt-to-EBITDA is 1.68, which is 55% below median its 10-year median of 3.76 and 1.8% below the Hardware industry median of 1.71. Corsair Gaming's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Corsair Gaming (FRA:6C2), the current Debt-to-EBITDA is 1.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Corsair Gaming (FRA:6C2) Overvalued in 2026?

Based on GuruFocus' analysis, Corsair Gaming stock appears to be overvalued. The current stock price of €9.24 is trading 14.6% above its estimated GF Value™ of €8.06. GuruFocus considers Corsair Gaming to be Modestly Overvalued.

Key valuation signals for FRA:6C2:

  • Debt-to-EBITDA: 1.68 (55% below median its 10-year median of 3.76)
  • GF Value™: €8.06 vs. price of €9.24 (14.6% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 1.8% below the Hardware median (#1088 of 1792)

No single metric tells the full story. See the FRA:6C2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corsair Gaming Business Description

Address 115 N. McCarthy Boulevard, Milpitas, CA, USA, 95035
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and Systems. Geographically, the group derives revenue from the United States (U.S.), Americas (excluding U.S.) , Europe and the Middle East, and the Asia Pacific, of which maximum revenue is generated from United States (U.S.).
70GF Score

Get the complete analysis for FRA:6C2

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.24
Price
€8.06
GF Value