GameSquare Holdings, Inc. (GAME) vs Motorsport Games Inc. (MSGM)

GameSquare Holdings, Inc. and Motorsport Games Inc. are both Electronic Gaming & Multimedia companies. GameSquare Holdings, Inc. is the larger, with a market value of $40.9M against $19.2M — 2.1× the size. GameSquare Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Motorsport Games Inc. trades at 10.0×. GameSquare Holdings, Inc. grew revenue faster over the last twelve months: 769.8% against 78.7%. Motorsport Games Inc. has the higher net margin (16.2% vs −96.1%) and the higher return on invested capital (76.8% vs −113.5%). Across the 18 metrics below, Motorsport Games Inc. leads on 12 and GameSquare Holdings, Inc. on 6.

Valuation

Metric GAME MSGM Electronic Gaming & Multimedia median
P/E n/m 9.95 7.09
P/S 0.59 1.40 1.09
P/B 3.73 3.89 1.02
Price to free cash flow n/m 4.09 6.55
EV/EBITDA n/m 4.27 3.29
EV/Sales 0.71 1.21 0.84
Earnings yield (159.49%) 10.05% (3.08%)
Free cash flow yield (52.03%) 24.45% 0.00%

Profitability

Metric GAME MSGM Electronic Gaming & Multimedia median
Gross margin 45.72% 83.92% 70.26%
Operating margin (15.69%) 21.14% (8.19%)
Net margin (96.06%) 16.16% (9.89%)
Free cash flow margin (30.59%) 42.67% 0.00%
Return on equity (2,776.34%) 43.39% 0.00%
Return on assets (117.08%) 24.09% (1.43%)
Return on invested capital (113.49%) 76.80% 0.00%

Growth

Metric GAME MSGM Electronic Gaming & Multimedia median
Revenue growth (TTM) 769.83% 78.65% 13.58%
EPS growth (last fiscal year) 65.14% 252.13% —
Revenue growth, 5-year CAGR 6.18% (9.92%) (2.72%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GAME MSGM Electronic Gaming & Multimedia median
Debt to equity 0.00 0.23 0.00
Current ratio 0.90 1.85 1.61
Net debt to EBITDA 0.57 (1.14) 0.07

Dividend

Metric GAME MSGM Electronic Gaming & Multimedia median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric GAME MSGM Electronic Gaming & Multimedia median
Market cap 40.89m 19.23m 53.60m

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