Motorsport Games Inc (MSGM) Key Metrics
MSGM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $25.8M
- Enterprise value
- $17.4M
- P/E (TTM)
- 14.8
- Forward P/E
- 4.0
- PEG ratio
- 0.16
- Price / sales
- 1.8 10-yr median 1.2
- Price / book
- 5.1 10-yr median 3.2
- EV / EBITDA
- 4.9
- Dividend yield
- —
- Beta
- 1.89
MSGM key metrics, 2018–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMSGM valuation Price multiples at each fiscal year-end price.
MSGM returns How much profit the business earns on the capital it uses.
MSGM per-share figures Results divided by the shares outstanding at year-end.
MSGM financial health Debt, liquidity and how easily interest is covered.
MSGM efficiency & capital use Working capital cycle and where the cash goes.
MSGM valuation history
MSGM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MSGM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MSGM cash returned to shareholders
MSGM price vs earnings per share
MSGM key metrics
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $15.3M | $3.9M | $8.0M | $4.9M | $39.6M | — | — | — |
| Enterprise value | $10.4M | $3.1M | $6.5M | $4.9M | $21.9M | — | — | — |
| P/E ratio | 2.2 | — | — | — | — | — | — | — |
| Price / sales | 1.4 | 0.5 | 1.2 | 0.5 | 2.6 | — | — | — |
| Price / book | 2.3 | 7.9 | 7.7 | 3.2 | 1.1 | — | — | — |
| Price / free cash flow | 3.8 | — | — | — | — | — | — | — |
| Price / operating cash flow | 3.8 | — | — | — | — | — | — | — |
| EV / sales | 0.9 | 0.4 | 0.9 | 0.5 | 1.5 | — | — | — |
| EV / EBITDA | 1.3 | — | — | — | — | — | — | — |
| EV / free cash flow | 2.6 | — | — | — | — | — | — | — |
| Earnings yield | 45.1% | −70.3% | −179.8% | −740.4% | −83.7% | — | — | — |
| Free cash flow yield | 26.5% | −73.1% | −172.1% | −407.6% | −54.8% | — | — | — |
| Shareholder yield (dividends + buybacks) | — | — | 0.0% | — | — | — | — | — |
| Share price at fiscal year-end | $3.17 | $1.34 | $3.09 | $4.15 | $34.00 | — | — | — |
| Per share | ||||||||
| Revenue per share | $2.33 | $2.97 | $2.68 | $8.81 | $12.94 | $18.46 | $6.79 | $8.46 |
| Earnings per share | $1.43 | −$0.94 | −$5.56 | −$30.73 | −$28.46 | −$1.70 | −$2.04 | −$1.15 |
| Operating cash flow per share | $0.84 | −$0.97 | −$5.01 | −$16.67 | −$17.97 | $3.93 | −$2.54 | −$0.52 |
| Free cash flow per share | $0.84 | −$0.98 | −$5.32 | −$16.91 | −$18.62 | $3.80 | −$2.60 | −$0.53 |
| Cash per share | $1.03 | $0.29 | $0.65 | $0.84 | $15.29 | $3.87 | $1.12 | $1.96 |
| Book value per share | $1.40 | $0.17 | $0.40 | $1.31 | $31.51 | −$1.00 | −$1.76 | $0.29 |
| Tangible book value per share | $0.62 | −$0.98 | −$1.85 | −$10.10 | $9.75 | −$6.53 | −$4.89 | −$3.64 |
| Capex per share | $0.00 | $0.01 | $0.31 | $0.25 | $0.65 | $0.13 | $0.06 | $0.01 |
| Debt per share | $0.00 | $0.02 | $0.08 | $0.85 | $0.10 | $10.52 | $4.61 | $2.57 |
| Shares outstanding | 4.8M | 2.9M | 2.6M | 1.2M | 1.2M | 1.0M | 1.7M | 1.7M |
| Change in shares outstanding | +65.7% | +13.4% | +120.0% | +0.5% | +12.9% | −40.9% | 0.0% | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | 190.5% | −359.2% | — | −188.2% | −185.8% | — | — | −402.3% |
| Return on invested capital (ROIC) | 221.0% | — | — | −269.0% | −219.5% | 0.0% | −178.2% | −34.7% |
| Return on assets (ROA) | 76.0% | −34.4% | −100.0% | −103.4% | −97.4% | −11.6% | −25.1% | −12.8% |
| Return on tangible assets | 84.5% | −94.8% | −361.4% | −649.9% | −130.8% | −15.0% | −48.7% | −22.8% |
| Free cash flow margin | 35.9% | −33.0% | −198.3% | −191.9% | −143.9% | 20.6% | −38.3% | −6.3% |
| Income quality (OCF / net income) | 0.59 | — | — | — | — | — | — | — |
| Financial health | ||||||||
| Total debt | $17,575 | $47,408 | $198,674 | $997,826 | $119,015 | $10.9M | $8.0M | $4.5M |
| Cash & short-term investments | $5.0M | $859,271 | $1.7M | $979,306 | $17.8M | $4.0M | $2.0M | $3.4M |
| Net debt | −$5.0M | −$811,863 | −$1.5M | $18,520 | −$17.7M | $6.9M | $6.1M | $1.1M |
| Debt / equity | 0.00 | 0.10 | 0.19 | 0.65 | 0.00 | — | — | 8.97 |
| Debt / assets | 0.00 | 0.01 | 0.02 | 0.05 | 0.00 | 0.62 | 0.63 | 0.29 |
| Net debt / EBITDA | −0.64 | — | — | — | — | 9.06 | — | — |
| Current ratio | 2.25 | 0.56 | 0.46 | 0.30 | 2.70 | 0.70 | 0.78 | 1.38 |
| Quick ratio | 2.25 | 0.56 | 0.46 | 0.30 | 2.70 | 0.70 | 0.78 | 1.38 |
| Interest coverage | 87.3 | -14.5 | -21.2 | -30.5 | -68.5 | 0.0 | — | — |
| Working capital | $4.2M | −$2.2M | −$4.1M | −$9.3M | $15.5M | −$4.4M | −$2.0M | $2.4M |
| Invested capital | $1.8M | −$315,605 | −$440,114 | $1.6M | $19.0M | $5.8M | $3.0M | $1.6M |
| Tangible asset value | $3.8M | −$2.1M | −$3.7M | −$11.5M | $12.6M | −$4.1M | −$1.9M | $2.5M |
| Net current asset value | $3.2M | −$2.2M | −$4.2M | −$13.0M | $11.9M | −$5.3M | −$2.0M | $2.4M |
| Graham number | $6.71 | — | — | — | — | — | — | — |
| Graham net-net per share | $0.47 | −$1.06 | −$2.11 | −$12.38 | $8.00 | −$7.07 | −$1.94 | $0.58 |
| Capital allocation | ||||||||
| Share buybacks (net) | — | — | $0 | — | — | $1.9M | — | — |
| Dividends + buybacks / free cash flow | — | — | — | — | — | 48.6% | — | — |
| Capex / revenue | 0.1% | 0.3% | 11.4% | 2.8% | 5.0% | 0.7% | 0.9% | 0.2% |
| Capex / operating cash flow | 0.3% | — | — | — | — | 3.4% | — | — |
| Capex / depreciation | 0.01 | 0.01 | 0.37 | 0.14 | 0.42 | 0.19 | 0.13 | 0.05 |
| Stock-based compensation / revenue | 7.0% | 1.8% | 13.9% | 6.9% | 64.5% | 0.0% | 0.0% | 3.7% |
| R&D / revenue | 15.6% | 38.9% | 104.7% | 100.9% | 63.8% | 24.4% | 40.4% | 25.7% |
| SG&A / revenue | 51.0% | 79.2% | 160.0% | 193.1% | 211.3% | 40.6% | 53.8% | 18.6% |
| Efficiency | ||||||||
| Days sales outstanding | 59.6 | 45.9 | 72.7 | 135.1 | 140.5 | 106.1 | 158.6 | 128.7 |
| Days of inventory on hand | — | — | 0.0 | — | — | 0.0 | — | — |
| Days payables outstanding | 332.1 | 214.4 | 160.6 | 152.9 | 60.4 | 26.9 | 41.0 | 54.2 |
| Cash conversion cycle (days) | -272.5 | -168.6 | -87.9 | -17.8 | 80.1 | 79.1 | 117.5 | 74.5 |
| Receivables turnover | 6.12 | 7.96 | 5.02 | 2.70 | 2.60 | 3.44 | 2.30 | 2.84 |
| Payables turnover | 1.10 | 1.70 | 2.27 | 2.39 | 6.05 | 13.56 | 8.90 | 6.73 |
| Inventory turnover | — | — | 3,620,495.00 | — | — | 6,595,872.00 | — | — |
| Asset turnover | 1.24 | 1.08 | 0.48 | 0.30 | 0.44 | 1.26 | 0.83 | 0.94 |
| Average receivables | $1.8M | $1.1M | $1.4M | $3.8M | $5.8M | $5.5M | $5.1M | $5.2M |
| Average payables | $1.9M | $1.9M | $1.6M | $2.1M | $1.2M | $486,402 | $549,498 | $832,141 |
| Average inventory | — | — | $1 | — | — | $1 | — | — |
| Intangibles / total assets | 31.5% | 53.7% | 59.4% | 70.7% | 50.0% | 32.8% | 42.8% | 43.7% |
Computed from MSGM's annual financial statements (latest annual report filed March 10, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MSGM valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Motorsport Games traded at 2.2 times earnings. Based on the latest twelve months, the trailing P/E is 14.8 and the forward P/E is 4.0. Motorsport Games earned a return on equity of 190.5% and a return on invested capital of 221.0% in fiscal 2025. It ended the year with $0.0 million of debt and $5.0 million in cash and short-term investments, a net cash position of $5.0 million. The share count rose 177.4% from 1.7M to 4.8M over 7 years.
See the MSGM income statement, the MSGM chart for price history, or the MSGM stock overview for the latest quote and news.
MSGM key metrics FAQ
What is Motorsport Games's P/E ratio?
Motorsport Games's trailing P/E ratio is 14.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 4.0. At the end of fiscal 2025 it was 2.2.
What is Motorsport Games's EV/EBITDA?
Motorsport Games's enterprise value was 1.3 times EBITDA at the end of fiscal 2025 (enterprise value $10.4 million, EBITDA $7.7 million); the current EV/EBITDA is 4.9.
What is Motorsport Games's return on equity?
Motorsport Games's return on equity (ROE) was 190.5% in fiscal 2025: net income of $6.9 million on average shareholders' equity of $3.6 million.
What is Motorsport Games's ROIC?
Motorsport Games's return on invested capital was 221.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Motorsport Games have?
Motorsport Games had total debt of $0.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Motorsport Games's free cash flow yield?
Motorsport Games generated $4.1 million of free cash flow in fiscal 2025, a free cash flow yield of 26.5% on its market value at year-end ($15.3 million).
What is Motorsport Games's current ratio?
Motorsport Games's current ratio was 2.25 at the end of fiscal 2025: current assets were 2.25 times current liabilities.