Gamestop (GME +1.82%) looks remarkably cheap by all traditional measures, the company trades for about five times cash flow, has no debt, and has a cash-rich balance sheet. However, this rock-bottom multiple comes with good cause. The ecosystem for this company continues to erode. As gaming at large moves away from retail middlemen like GameStop, and toward a direct download or streaming model, the company doesn't look positioned for a rebound anytime soon.
Is GameStop Too Cheap to Ignore?
By austin smith – Jan 17, 2013 at 4:00PM
NYSE: GME
GameStop
Market Cap
$10B
Today's Change
(1.82%) $0.41
Current Price
$23.23
Price as of December 3, 2025 at 2:02 PM ET
Our retail analyst discusses the company's prospects.
About the Author
A long-term investor looking to own the best businesses available.