GME
GameStop Corp.
GME offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
TRS
TriMas Corporation
TRS has the edge over GME overall, supported by stronger valuation and stronger modeled upside.
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.
TRS Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Healthy | |
| Under pressure | |
| Strong |
TRS's profitability and balance sheet are currently healthy, but its revenue and cash flow are under pressure.
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.
TRS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.6x | $37.62 | — |
| Cheap | 12x | $286 | +661% |
| Forward | 19x | $37.62 | — |
| Fair | 21x | $504 | +1238% |
| Expensive | 33x | $795 | +2012% |
Historical ranges are pointers, not guarantees.
TRS has the edge over GME in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
TRS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
TRS has the edge over GME on the outlook, with more favorable earnings and revenue expectations.
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 TRS on earnings, with more consistent year-over-year improvement.
TRS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.03 | -92% |
| Q2 2026 | $24.03 | +2541% |
| Q1 2026 | $24.07 | +3026% |
| Q4 2025 | $2.97 | +403% |
| Q3 2025 | $1.08 | +69% |
| Q2 2025 | $0.91 | -7.1% |
| Q1 2025 | $0.77 | -21% |
| Q4 2024 | $0.59 | -39% |
| Q3 2024 | $0.64 | -48% |
TRS earned $24.03 per share over the past year, more than ten times what it earned the year before.
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 TRS on profitability, with a higher operating margin.
TRS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $174.6M | -36% |
| Q1 2026 | $168.3M | -30% |
| Q4 2025 | $155.5M | -32% |
| Q3 2025 | $269.3M | +17% |
| Q2 2025 | $274.8M | +14% |
| Q1 2025 | $241.7M | +6.4% |
| Q4 2024 | $228.1M | +8.8% |
| Q3 2024 | $229.4M | -2.5% |
TRS has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.2% | -3.6 points |
| Q1 2026 | 4.1% | -4.9 points |
| Q4 2025 | -16% | -19 points |
| Q3 2025 | 6.2% | +2.6 points |
| Q2 2025 | 9.9% | +2.4 points |
| Q1 2025 | 9% | +3.5 points |
| Q4 2024 | 3.8% | -1.8 points |
| Q3 2024 | 3.6% | -6.5 points |
TRS's operating margin was 6.2% last quarter, down 3.6 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 TRS on cash generation, producing positive trailing cash flow while its opponent burns cash.
TRS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$45M | -440% |
| Q1 2026 | -$24.6M | -$20.9M |
| Q4 2025 | $36.8M | +204% |
| Q3 2025 | $22.8M | +125% |
| Q2 2025 | $13.2M | +76% |
| Q1 2025 | -$3.8M | +$13.2M |
| Q4 2024 | $12.1M | +6.7% |
| Q3 2024 | $10.2M | -52% |
TRS's free cash flow has turned negative after years in the green: −$10M over the past year.
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 |
TRS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.2% | -1.2M shares |
| 1 year | -12% | -4.7M shares |
| 3 years | -13% | -5.4M shares |
| 5 years | -16% | -7.1M shares |
| Available history | -20% | -9.2M shares |
TRS has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $18.9M |
| Q1 2026 | $54.5M |
| Q4 2025 | $101.1M |
| Q3 2025 | — |
| Q2 2025 | $1.8M |
| Q1 2025 | $460,000 |
| Q4 2024 | — |
| Q3 2024 | $2.4M |
TRS spent $175M buying back its own shares over the past year, more than ten times what it spent the year before.
GME Net Leverage
TRS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -14.4x | Net Cash |
| Q1 2026 | -11.5x | Net Cash |
| Q4 2025 | 4.5x | High |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 3.0x | Elevated |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | 3.4x | Elevated |
| Q3 2024 | 3.6x | Elevated |
TRS has more cash than debt.
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).
TRS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 27.0 | Neutral |
TRS's weekly RSI is 45 (neutral) and its Stochastic is 27 (neutral).
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.
TRS PE vs Consumer Cyclical Sector
| Metric | TRS | Sector median | Relative |
|---|---|---|---|
| PE | 1.6x | 18x | 91% below |
| PE % | 0 | 47 | 47 pts below |
TRS has the edge over GME on valuation relative to its sector.
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 TRS on trend strength, trading above more of its moving averages.
TRS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $38.6 | 2.6% below |
| 20 week MA | $39.4 | 4.4% below |
| 50 week MA | $38.2 | 1.5% below |
| 100 week MA | $33.6 | 12% above |
| 200 week MA | $29.9 | 26% above |
TRS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 26% above 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 TRS on returns for 2026, with the stronger performance.
TRS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.2 | $32.0 | +2.6% |
| 2021 | $32.0 | $34.8 | +8.5% |
| 2022 | $34.8 | $27.8 | -20% |
| 2023 | $27.8 | $25.3 | -8.7% |
| 2024 | $25.3 | $24.6 | -3% |
| 2025 | $24.6 | $36.1 | +47% |
| 2026 YTD | $36.1 | $37.6 | +4.1% |
TRS has finished lower in three of the last six years. It's up 4.1% so far in 2026.