Emerson Radio
Market Cap
US$18.3m
Last Updated
2020/02/16 23:34 UTC
Data Sources
Company Financials
Executive Summary
Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally.
Risk Analysis
Earnings have declined by -51.76% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Emerson Radio's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.3%
MSN
1.7%
US Consumer Durables
1.5%
US Market
1 Year Return
-36.1%
MSN
35.4%
US Consumer Durables
20.1%
US Market
Return vs Industry: MSN underperformed the US Consumer Durables industry which returned 35.4% over the past year.
Return vs Market: MSN underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| MSN | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | 1.7% | 1.5% |
| 30 Day | 1.0% | 4.4% | 1.4% |
| 90 Day | 12.3% | 8.2% | 8.7% |
| 1 Year | -36.1%-36.1% | 37.3%35.4% | 22.7%20.1% |
| 3 Year | -25.1%-25.1% | 37.4%31.2% | 50.1%40.5% |
| 5 Year | -35.1%-35.1% | 40.0%30.7% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Emerson Radio's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should You Worry About Emerson Radio Corp.'s (NYSEMKT:MSN) CEO Pay Cheque?1 month ago | Simply Wall St
We're Hopeful That Emerson Radio (NYSEMKT:MSN) Will Use Its Cash Wisely2 months ago | Simply Wall St
Introducing Emerson Radio (NYSEMKT:MSN), The Stock That Dropped 41% In The Last YearValuation
Is Emerson Radio undervalued compared to its fair value and its price relative to the market?
0.56x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MSN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MSN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MSN is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.
PE vs Market: MSN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MSN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MSN is good value based on its PB Ratio (0.6x) compared to the US Consumer Durables industry average (1.5x).
Next Steps
Future Growth
How is Emerson Radio forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.9%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Emerson Radio has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Emerson Radio's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Emerson Radio competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Emerson Radio performed over the past 5 years?
-51.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSN is currently unprofitable.
Growing Profit Margin: MSN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MSN is unprofitable, and losses have increased over the past 5 years at a rate of -51.8% per year.
Accelerating Growth: Unable to compare MSN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MSN is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (9.1%).
Return on Equity
High ROE: MSN has a negative Return on Equity (-9.24%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Emerson Radio's financial position?
Financial Position Analysis
Short Term Liabilities: MSN's short term assets ($38.4M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: MSN's short term assets ($38.4M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: MSN is debt free.
Reducing Debt: MSN has not had any debt for past 5 years.
Balance Sheet
Inventory Level: MSN has a low level of unsold assets or inventory.
Debt Coverage by Assets: MSN's debt is covered by short term assets (assets are 3.4602056657012E+17x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MSN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MSN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -8.6% each year
Next Steps
Dividend
What is Emerson Radio's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MSN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MSN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MSN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MSN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MSN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.3yrs
Average management tenure
CEO
Duncan Hon (58yo)
8.5yrs
Tenure
US$545,000
Compensation
Mr. Tak Kwong Hon, also known as Duncan, has been the Chief Executive Officer and President of Emerson Radio Corp. since August 31, 2011. Mr. Hon served as Deputy Chief Executive Officer of Emerson Radio CÂ ...
CEO Compensation Analysis
Compensation vs Market: Duncan's total compensation ($USD545.00K) is about average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Duncan's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.5yrs | US$545.00k | no data | |
| CFO, Executive VP | 3.7yrs | US$153.12k | no data | |
| Senior VP of Operations & Treasurer | 17.6yrs | no data | no data | |
| Chief Financial Officer of Asian Operations | 14yrs | no data | no data |
11.3yrs
Average Tenure
Experienced Management: MSN's management team is seasoned and experienced (11.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.5yrs | US$545.00k | no data | |
| CFO, Executive VP | 3.7yrs | US$153.12k | no data | |
| Independent Non-Executive Director | 3.7yrs | US$110.00k | no data | |
| Chairman | 3.7yrs | US$70.00k | no data | |
| Non-Executive Director | 12.2yrs | US$65.00k | no data |
3.7yrs
Average Tenure
60yo
Average Age
Experienced Board: MSN's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Emerson Radio Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Emerson Radio Corp.
- Ticker: MSN
- Exchange: AMEX
- Founded: 1948
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: US$18.286m
- Shares outstanding: 21.04m
- Website: https://www.emersonradio.com
Number of Employees
Location
- Emerson Radio Corp.
- 35 Waterview Boulevard
- Suite 140
- Parsippany
- New Jersey
- 7054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MSN | AMEX (NYSE MKT LLC) | Yes | Common Shares | US | USD | Sep 1994 |
Biography
Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It provides houseware products, such as microwave ovens, compact refrigerators, wine products, and toaster ovens; audio products, including clock radios, Bluetooth speakers, and wireless charging; and other products comprising massagers, toothbrushes, and security products. The company also licenses its trademarks to others on a worldwide basis for various products. Emerson Radio Corp. markets its products primarily through mass merchandisers and online marketplaces. The company was founded in 1948 and is headquartered in Parsippany, New Jersey.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 23:34 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.