Motorsport Games Inc
NASDAQ:MSGM

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Motorsport Games Inc
NASDAQ:MSGM
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Price: 2.78 USD 13.01% Market Closed
Market Cap: 10.8m USD

Relative Value

MSGM doesn't have a meaningful market cap.

The Relative Value of one MSGM stock under the Base Case scenario is 9.23 USD. Compared to the current market price of 2.78 USD, Motorsport Games Inc is Undervalued by 70%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MSGM Relative Value
Base Case
9.23 USD
Undervaluation 70%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
48
vs Industry
72
Median 3Y
1
Median 5Y
1.1
Industry
1.4
Forward
0.7
vs History
vs Industry
47
Median 3Y
-0.6
Median 5Y
-0.7
Industry
17.9
Forward
-1.6
vs History
vs Industry
57
Median 3Y
-0.9
Median 5Y
-1
Industry
10.9
vs History
vs Industry
45
Median 3Y
-0.9
Median 5Y
-1.1
Industry
15.6
vs History
5
vs Industry
54
Median 3Y
2.9
Median 5Y
3.6
Industry
1.7
vs History
44
vs Industry
73
Median 3Y
0.9
Median 5Y
1
Industry
1.6
Forward
0.7
vs History
55
vs Industry
76
Median 3Y
1.6
Median 5Y
2
Industry
3.4
vs History
vs Industry
21
Median 3Y
-0.7
Median 5Y
-0.8
Industry
8.6
Forward
4.2
vs History
vs Industry
Median 3Y
-0.6
Median 5Y
-0.7
Industry
12.4
Forward
-2.1
vs History
vs Industry
54
Median 3Y
-0.8
Median 5Y
-0.9
Industry
10.4
vs History
vs Industry
46
Median 3Y
-0.7
Median 5Y
-0.9
Industry
12.9
vs History
22
vs Industry
49
Median 3Y
1
Median 5Y
1.2
Industry
1.4

Multiples Across Competitors

MSGM Competitors Multiples
Motorsport Games Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Motorsport Games Inc
NASDAQ:MSGM
10.8m USD 1.2 -3.9 -4.1 -2
SG
Sea Ltd
NYSE:SE
95.7B USD 5.3 109.8 64.9 89
JP
Nintendo Co Ltd
TSE:7974
13.5T JPY 11.6 48.5 38.5 40.6
CN
NetEase Inc
NASDAQ:NTES
76.3B USD 5.3 18.6 13.3 14.4
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
55B USD 14.3 -62.3 -67.5 -52.2
AU
Emerge Gaming Ltd
ASX:EM1
69.2B AUD 39 300.5 -24 174.5 -15 947.8 -15 947.8
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
41.1B USD 7.5 -11.3 120 -82.7
US
Electronic Arts Inc
NASDAQ:EA
37.9B USD 5.1 33.7 19.2 23.5
JP
Konami Holdings Corp
TSE:9766
2.6T JPY 6.3 33.8 17.5 22.2
JP
Nexon Co Ltd
TSE:3659
2.1T JPY 4.7 15.5 9.9 10.7
P/E Multiple
Earnings Growth PEG
US
Motorsport Games Inc
NASDAQ:MSGM
Average P/E: 42
Negative Multiple: -3.9
N/A N/A
SG
Sea Ltd
NYSE:SE
109.8
96%
1.1
JP
Nintendo Co Ltd
TSE:7974
48.5
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
18.6
13%
1.4
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -62.3 N/A N/A
AU
Emerge Gaming Ltd
ASX:EM1
Negative Multiple: -24 174.5 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -11.3 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
33.7
33%
1
JP
Konami Holdings Corp
TSE:9766
33.8
22%
1.5
JP
N
Nexon Co Ltd
TSE:3659
15.5
-4%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Motorsport Games Inc
NASDAQ:MSGM
Average EV/EBITDA: 38.5
Negative Multiple: -4.1
N/A N/A
SG
Sea Ltd
NYSE:SE
64.9
71%
0.9
JP
Nintendo Co Ltd
TSE:7974
38.5
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
13.3
12%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -67.5 N/A N/A
AU
Emerge Gaming Ltd
ASX:EM1
Negative Multiple: -15 947.8 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
120
49%
2.4
US
Electronic Arts Inc
NASDAQ:EA
19.2
19%
1
JP
Konami Holdings Corp
TSE:9766
17.5
15%
1.2
JP
N
Nexon Co Ltd
TSE:3659
9.9
0%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Motorsport Games Inc
NASDAQ:MSGM
Average EV/EBIT: 32.8
Negative Multiple: -2
N/A N/A
SG
Sea Ltd
NYSE:SE
89
78%
1.1
JP
Nintendo Co Ltd
TSE:7974
40.6
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
14.4
13%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -52.2 N/A N/A
AU
Emerge Gaming Ltd
ASX:EM1
Negative Multiple: -15 947.8 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -82.7 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
23.5
18%
1.3
JP
Konami Holdings Corp
TSE:9766
22.2
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
10.7
N/A N/A