GME
GameStop Corp.
GME's fundamentals are strong: its operating margin rose 11 points to 14% and it turned 19% of its revenue into free cash flow, though revenue fell 7.7%. At 17x earnings, it's trading less than half its usual 44x. Analysts expect earnings to fall sharply.
MSC
Studio City International Holdings Limited
MSC lost money over the past year, so it has no meaningful PE right now.
GME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Unavailable |
GME's profitability and cash flow are currently strong, and its revenue is stable. There isn't enough data to rate its balance sheet.
MSC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
MSC's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
GME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $25.62 | — |
| Cheap | 18x | $27.96 | +9.1% |
| Forward | 38x | $25.62 | — |
| Fair | 43x | $66.84 | +161% |
| Expensive | 252x | $388 | +1414% |
Historical ranges are pointers, not guarantees.
GME's PE is in its cheap range at 17x. Analysts expect earnings to fall, which would put today's price at 38x next year's earnings, in its fair range.
MSC PE Valuation
MSC has no meaningful PE right now: it lost money over the past year.
GME Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GME's earnings and revenue to decline, with profitability weakening.
MSC Forward outlook
There aren't enough analyst estimates for MSC to show an outlook.
GME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | -56% |
| Q3 2026 | $1.54 | +93% |
| Q2 2026 | $1.34 | +153% |
| Q1 2026 | $0.77 | +133% |
| Q4 2025 | $0.89 | +394% |
| Q3 2025 | $0.80 | +515% |
| Q2 2025 | $0.53 | +563% |
| Q1 2025 | $0.33 | +1550% |
| Q4 2024 | $0.18 | +$0.21 |
GME has the edge over MSC on earnings quality, reporting a profit while its opponent remains loss making.
MSC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.09 | +$0.32 |
| Q1 2026 | -$0.85 | +$1.16 |
| Q4 2025 | -$1.24 | +$0.74 |
| Q3 2025 | -$1.36 | +$0.16 |
| Q2 2025 | -$1.41 | +$0.27 |
| Q1 2025 | -$2.01 | -$0.01 |
| Q4 2024 | -$1.98 | -$0.06 |
| Q3 2024 | -$1.52 | +$2.06 |
MSC is still losing money, but far less than before: $1.09 per share over the past year, against $12.48 at its worst in late 2021.
GME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $790.2M | -19% |
| Q2 2026 | $835.3M | +14% |
| Q1 2026 | $1.1B | -14% |
| Q4 2025 | $821M | -4.6% |
| Q3 2025 | $972.2M | +22% |
| Q2 2025 | $732.4M | -17% |
| Q1 2025 | $1.3B | -28% |
| Q4 2024 | $860.3M | -20% |
GME's revenue has slid since its 2022 peak: $790M last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +13 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 5% | +8.9 points |
| Q3 2025 | 6.8% | +9.6 points |
| Q2 2025 | -1.5% | +4.3 points |
| Q1 2025 | 6.2% | +3.1 points |
| Q4 2024 | -3.9% | -2.5 points |
GME has the edge over MSC on profitability, with a higher operating margin.
MSC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $164.6M | -13% |
| Q1 2026 | $176.7M | +9.3% |
| Q4 2025 | $160.3M | +4.9% |
| Q3 2025 | $182.5M | +4.5% |
| Q2 2025 | $190.1M | +18% |
| Q1 2025 | $161.7M | +7.7% |
| Q4 2024 | $152.9M | +8.2% |
| Q3 2024 | $174.6M | +27% |
MSC has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 9.1% | -3 points |
| Q1 2026 | 16% | +6.4 points |
| Q4 2025 | 4.5% | +2.5 points |
| Q3 2025 | 13% | +4 points |
| Q2 2025 | 12% | +10 points |
| Q1 2025 | 9.4% | -1.3 points |
| Q4 2024 | 2% | -7.4 points |
| Q3 2024 | 9.2% | +6.8 points |
MSC's operating margin was 9.1% last quarter, down 3 points from the same quarter a year ago.
GME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | -46% |
| Q2 2026 | $332.9M | +76% |
| Q1 2026 | $187.4M | +18% |
| Q4 2025 | $107M | +435% |
| Q3 2025 | $113.3M | +73% |
| Q2 2025 | $189.6M | +$304.3M |
| Q1 2025 | $158.8M | +$177.5M |
| Q4 2024 | $20M | +80% |
GME has the edge over MSC on cash flow, with more consistent year-over-year improvement.
MSC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | -100% |
| Q3 2024 | $0 | $0 |
MSC's free cash flow was $0 over the past year, against $0 the year before.
GME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +300K shares |
| 1 year | +8.4% | +46.1M shares |
| 3 years | +94% | +288M shares |
| 5 years | +104% | +302M shares |
| Available history | +80% | +264M shares |
GME has 593M diluted shares, up 8.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2021 | — |
| Q4 2020 | — |
| Q1 2020 | $21.8M |
| Q4 2019 | $114M |
MSC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | +43 shares |
| 3 years | 0% | -- |
| 5 years | +108% | +25M shares |
| Available history | -20% | -12.3M shares |
MSC has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
MSC hasn't bought back shares in the past year.
GME Net Leverage
MSC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 6.6x | High |
| Q1 2026 | 6.5x | High |
| Q4 2025 | 6.9x | High |
| Q3 2025 | 7.1x | High |
| Q2 2025 | 7.3x | High |
| Q1 2025 | 8.6x | High |
| Q4 2024 | 8.5x | High |
| Q3 2024 | 8.3x | High |
MSC's net debt is about 6.6 years of its operating earnings (EBITDA), down from 7.3 years a year ago.
GME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 68.5 | Neutral |
GME's weekly RSI is 60 (neutral) and its Stochastic is 69 (neutral).
MSC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.9 | Neutral |
| Stochastic | 11.0 | Oversold |
MSC's weekly RSI is 34 (neutral) and its Stochastic is 11 (oversold).
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME is trading at 17x earnings, in line with the Consumer Cyclical sector's median of 18x.
MSC PE vs Consumer Cyclical Sector
MSC has no meaningful PE right now: it lost money over the past year.
GME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 1.8% above |
| 20 week MA | $22.4 | 15% above |
| 50 week MA | $22.6 | 13% above |
| 100 week MA | $24.0 | 7% above |
| 200 week MA | $21.8 | 17% above |
GME has the edge over MSC on trend strength, trading above more of its moving averages.
MSC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.93 | 7.5% above |
| 20 week MA | $1.41 | 29% below |
| 50 week MA | $2.24 | 55% below |
| 100 week MA | $3.12 | 68% below |
| 200 week MA | $4.89 | 80% below |
MSC has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 80% below its 200-week average.
GME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.48 | $5.04 | +241% |
| 2021 | $5.04 | $38.0 | +655% |
| 2022 | $38.0 | $20.1 | -47% |
| 2023 | $20.1 | $17.5 | -13% |
| 2024 | $17.5 | $32.2 | +84% |
| 2025 | $32.2 | $21.1 | -35% |
| 2026 YTD | $21.1 | $25.6 | +21% |
GME has the edge over MSC on returns for 2026, with the stronger performance.
MSC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.5 | $13.9 | -32% |
| 2021 | $13.9 | $5.58 | -60% |
| 2022 | $5.58 | $5.30 | -5% |
| 2023 | $5.30 | $6.48 | +22% |
| 2024 | $6.48 | $6.48 | 0% |
| 2025 | $6.48 | $2.94 | -55% |
| 2026 YTD | $2.94 | $1.00 | -66% |
MSC has finished lower in five of the last six years. It's down 66% so far in 2026.