GameStop Corp Stock Research

Market Summary

USD24.57+1.32

Market Closed

5.68%

GME Stock Price

GME RSI Chart

GME Valuation

Market Cap

7.5B

Price/Earnings (Trailing)

-23.9

Price/Sales (Trailing)

1.26

EV/EBITDA

-21.68

Price/Free Cashflow

143.1

GME Price/Sales (Trailing)

GME Profitability

Operating Margin

21.00%

EBT Margin

-8.77%

Return on Equity

-40.87%

Return on Assets

-15.31%

Free Cashflow Yield

0.7%

GME Fundamentals

GME Revenue

Revenue (TTM)

5.9B

Revenue Y/Y

-1.22%

Revenue Q/Q

87.66%

GME Earnings

Earnings (TTM)

-313.1M

Earnings Y/Y

132.68%

Earnings Q/Q

150.9%

Price Action

52 Week Range

15.4147.99

(Low)(High)

Last 7 days

6.1%

Last 30 days

27.4%

Last 90 days

35.4%

Trailing 12 Months

-28.4%

GME Financial Health

Current Ratio

1.63

Debt/Equity

0.03

Debt/Cashflow

-18.19

GME Investor Care

Shares Dilution (1Y)

0.33%

Diluted EPS (TTM)

-1.03

Peers (Alternatives to GameStop)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TJX	88.7B	49.9B	-2.61%	19.90%	25.35	1.78	2.85%	6.55%
BBY	16.0B	46.3B	-1.50%	-8.39%	11.28	0.35	-10.55%	-42.18%
MID-CAP
PAG	10.0B	28.2B	4.81%	25.76%	7.65	0.36	5.32%	-4.57%
GME	7.5B	5.9B	27.37%	-28.37%	-23.9	1.26	-1.39%	17.89%
LAD	6.8B	28.5B	11.35%	-19.36%	5.95	0.24	12.95%	-8.74%
AN	6.4B	26.6B	6.76%	15.12%	4.92	0.24	-0.23%	-12.82%
RH	5.5B	3.6B	-1.36%	-13.52%	10.5	1.55	-4.48%	-23.22%
FL	3.9B	8.8B	-38.01%	-17.91%	11.34	0.44	-2.22%	-61.70%
GPS	3.1B	15.6B	-12.40%	-24.89%	-15.25	0.2	-6.32%	-178.91%
SIG	2.9B	7.8B	-11.27%	8.68%	7.78	0.37	0.21%	-51.07%
SMALL-CAP
BKE	1.6B	1.3B	-5.58%	-2.52%	6.23	1.18	3.91%	-0.08%
CWH	903.1M	6.8B	22.87%	2.73%	6.59	0.13	-3.23%	-54.58%
DBI	515.2M	3.3B	-20.39%	-58.69%	3.17	0.16	3.72%	5.30%
CONN	107.1M	1.3B	-5.65%	-66.67%	-1.81	0.08	-15.57%	-154.80%

Financials for GameStop

Income Statement (Last 12 Months)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-0.5%	5,927,200,000	5,954,700,000	6,064,900,000	6,112,300,000	6,010,700,000
Gross Profit	9.7%	1,372,100,000	1,250,500,000	1,277,500,000	1,316,200,000	1,347,800,000
S&GA Expenses	-4.8%	1,681,000,000	1,766,500,000	1,800,100,000	1,791,500,000	1,709,600,000
EBITDA	3.2%	-464,600,000	-480,200,000	-481,500,000	-	-
EBITDA Margin	1.5%	-0.08	-0.08	-0.08	-	-
Earnings Before Taxes	42.1%	-302,100,000	-522,200,000	-533,300,000	-484,300,000	-395,400,000
EBT Margin	0.3%	-0.09	-0.09	-0.08	-	-
Interest Expenses	150.0%	9,500,000	3,800,000	-700,000	-1,500,000	-26,900,000
Net Income	38.5%	-313,100,000	-508,800,000	-519,500,000	-472,400,000	-381,300,000
Net Income Margin	0.2%	-0.09	-0.09	-0.08	-	-
Free Cahsflow	53.7%	-405,900,000	-876,400,000	-777,500,000	-	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-6.3%	3,113	3,323	2,800	3,126	3,499
Current Assets	-10.0%	2,324	2,582	2,019	2,330	2,599
Cash Equivalents	41.7%	1,139	804	909	1,035	1,271
Inventory	-39.6%	683	1,131	735	918	915
Net PPE	-1.4%	137	139	147	157	164
Liabilities	-13.8%	1,791	2,078	1,456	1,675	1,897
Current Liabilities	-15.7%	1,339	1,589	932	1,127	1,355
Long Term Debt	-	45.00	-	-	-	-
LT Debt, Current	9.1%	11.00	10.00	9.00	7.00	4.00
Shareholder's Equity	6.2%	1,322	1,245	1,344	1,451	1,603
Retained Earnings	18.0%	-219	-267	-173	-64.30	94.00
Additional Paid-In Capital	0.4%	1,614	1,606	1,593	1,588	1,578
Accumulated Depreciation	2.6%	1,007	981	990	994	1,030
Shares Outstanding	0.1%	305	304	304	304	304

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	131.8%	108	-340	-811	-719	-434
Share Based Compensation	-4.5%	40.00	42.00	35.00	36.00	31.00
Cashflow From Investing	2.0%	-222	-227	10.00	16.00	-64.80
Cashflow From Financing	-23.4%	-7.90	-6.40	-6.10	1,030	1,201
Dividend Payments	NaN%	0.00	0.00	-	-	-
Buy Backs	-	0.00	-	-	-	-

Risks for GME

What is the probability of a big loss on GME?

100%

Probability that GameStop stock will be more than 20% underwater in next one year

98.1%

Probability that GameStop stock will be more than 30% underwater in next one year.

82.7%

Probability that GameStop stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GME drawdown profile look like?

Y-axis is the maximum loss one would have experienced if GameStop was unfortunately bought at previous high price.

Drawdowns

Returns for GME

Cumulative Returns on GME

15.3%

10-Year Cumulative Returns

23.3%

7-Year Cumulative Returns

52.8%

5-Year Cumulative Returns

189.3%

3-Year Cumulative Returns

What are the long-term rolling returns for GME?

FIve years rolling returns for GameStop.

Annualized Returns

Which funds bought or sold GME recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ProShare Advisors LLC	added	2.92	84,053	380,613	-%
2023-05-23	Toroso Investments, LLC	added	80.66	424,000	762,000	0.01%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-2.43	1,276,080	7,162,080	-%
2023-05-22	CTC LLC	new	-	1,175,870	1,175,870	-%
2023-05-19	Coppell Advisory Solutions LLC	sold off	-100	-295	-	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-3.38	1,064,000	6,259,000	0.01%
2023-05-18	JPMORGAN CHASE & CO	added	21.22	4,173,090	12,330,100	-%
2023-05-17	Thrivent Financial for Lutherans	reduced	-0.9	295,000	1,547,000	-%
2023-05-17	Sunbelt Securities, Inc.	new	-	900	900	-%
2023-05-17	Advisory Services Network, LLC	added	363	108,320	131,007	-%

Latest Funds Activity

Are funds buying GME calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GME

No. of Funds

GameStop News

Schedule 13G FIlings of GameStop

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	8.10%	24,664,433	SC 13G/A
Feb 03, 2023	blackrock inc.	7.2%	21,977,404	SC 13G/A
Feb 14, 2022	susquehanna securities, llc	4.0%	3,056,239	SC 13G/A
Feb 14, 2022	maverick capital ltd	0%	0	SC 13G/A
Feb 09, 2022	senvest management, llc	0%	0	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	0.0%	8,107	SC 13G/A
Feb 01, 2022	blackrock inc.	6.8%	5,194,518	SC 13G/A
Sep 09, 2021	blackrock inc.	6.6%	4,720,618	SC 13G/A
Feb 16, 2021	maverick capital ltd	6.7%	4,658,607	SC 13G
Feb 16, 2021	susquehanna securities, llc	6.3%	4,409,467	SC 13G

GME Fair Value

Show Fair-Value

Recent SEC filings of GameStop

View All Filings

Date Filed	Form Type	Document
May 30, 2023	SD	SD
May 02, 2023	DEFA14A	DEFA14A
May 02, 2023	DEF 14A	DEF 14A
May 02, 2023	ARS	ARS
Mar 31, 2023	4	Insider Trading
Mar 28, 2023	10-K	Annual Report
Mar 21, 2023	8-K	Current Report
Mar 03, 2023	4	Insider Trading

Latest Insider Trading transactions for GME

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-29	Cheng Lawrence	bought	113,990	22.7979	5,000	-
2023-03-01	Saadeh-Jajeh Diana	sold (taxes)	-17,333	18.15	-955	chief financial officer
2022-10-03	Saadeh-Jajeh Diana	sold (taxes)	-33,472	24.85	-1,347	chief financial officer
2022-07-11	Saadeh-Jajeh Diana	acquired	-	-	7,731	chief financial officer
2022-07-01	Furlong Matthew	sold (taxes)	-195,497	123	-1,584	chief executive officer
2022-07-01	Patel Nir Vinay	acquired	-	-	281,692	chief operating officer
2022-06-15	Xu Yang	acquired	200,060	114	1,750	-
2022-06-15	Attal Alain	acquired	200,060	114	1,750	-
2022-06-15	Cheng Lawrence	acquired	200,060	114	1,750	-
2022-06-15	Grube James	acquired	200,060	114	1,750	-

About GameStop

Matthew Furlong

www.gamestop.com

12000

GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising licensed merchandise primarily related to the gaming, television, and movie industries, as well as pop culture themes. As of January 29, 2022, the company operated 4,573 stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and 50 pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new releases, previews of the big titles on the horizon, and coverage of the latest developments in the gaming industry. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

GME Income Statement

2023-01-28

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Statement [Abstract]
Net sales	$ 5,927.2	$ 6,010.7	$ 5,089.8
Cost of sales	4,555.1	4,662.9	3,830.3
Gross profit	1,372.1	1,347.8	1,259.5
Selling, general, and administrative expenses	1,681.0	1,709.6	1,514.2
Asset impairments	2.7	6.7	15.5
Gain on sale of assets	0.0	0.0	(32.4)
Operating loss	(311.6)	(368.5)	(237.8)
Interest (income) expense and other, net	(9.5)	26.9	32.1
Loss from continuing operations before income taxes	(302.1)	(395.4)	(269.9)
Income tax expense (benefit)	11.0	(14.1)	(55.3)
Net loss from continuing operations	(313.1)	(381.3)	(214.6)
Loss from discontinued operations, net of tax	0.0	0.0	(0.7)
Net loss	$ (313.1)	$ (381.3)	$ (215.3)
Net loss per share:
Basic loss per share (in dollars per share)	$ (1.03)	$ (1.31)	$ (0.83)
Diluted loss per share (in dollars per share)	$ (1.03)	$ (1.31)	$ (0.83)
Weighted-average shares outstanding:
Basic (in shares)	304.2	290.4	260.0
Diluted (in shares)	304.2	290.4	260.0

GME Balance Sheet

2023-01-28

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Current assets:
Cash and cash equivalents	$ 1,139.0	$ 1,271.4
Marketable securities	251.6	0.0
Receivables, net of allowance of $2.2 and $3.3, respectively	153.9	141.1
Merchandise inventories	682.9	915.0
Prepaid expenses and other current assets	96.3	271.3
Total current assets	2,323.7	2,598.8
Property and equipment, net	136.5	163.6
Operating lease right-of-use assets	560.8	586.6
Deferred income taxes	18.3	16.3
Other noncurrent assets	74.1	134.0
Total assets	3,113.4	3,499.3
Current liabilities:
Accounts payable	531.3	471.0
Accrued liabilities and other current liabilities	602.3	668.9
Current portion of operating lease liabilities	194.7	210.7
Current portion of long-term debt	10.8	4.1
Total current liabilities	1,339.1	1,354.7
Long-term debt	28.7	40.5
Operating lease liabilities	382.4	393.7
Other long-term liabilities	40.9	107.9
Total liabilities	1,791.1	1,896.8
Stockholders’ equity:
Class A common stock — $.001 par value; authorized 1,000 shares; 304.6 and 303.6 shares issued and outstanding, respectively	0.1	0.1
Additional paid-in capital	1,613.6	1,577.5
Accumulated other comprehensive loss	(71.9)	(68.7)
Retained (loss) earnings	(219.5)	93.6
Total stockholders' equity	1,322.3	1,602.5
Total liabilities and stockholders’ equity	$ 3,113.4	$ 3,499.3