Emerson Radio Corp. (MSN) Stock

Emerson Radio Corp. (MSN) is a Consumer Discretionary stock trading at $0.38 (as of 2026-08-20), with a market capitalization of $8.06M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Emerson Radio Corp., through its subsidiaries, designs, sources, imports, markets, and sells houseware and consumer electronic products under the Emerson brand in the United States and internationally. Its offerings include appliances such as microwaves and refrigerators, audio products like clock radios and wireless charging devices, and other items such as massagers, toothbrushes, and security products, and it also licenses its trademarks for use on various products.

Understand Emerson Radio Corp.: how it makes money

Emerson Radio Corp. designs, sources, imports, markets, and sells Emerson-branded houseware and consumer electronics products (including microwave ovens, compact refrigerators, wine products, toaster ovens, clock radios, Bluetooth speakers, wireless charging, and items like massagers and toothbrushes). It also makes money by licensing its trademarks to other parties worldwide for various products.

Emerson earns revenue through two branded channels, direct product sales across houseware and audio and related consumer categories, plus worldwide trademark licensing, so overall profitability depends on how product sales and licensing contributions perform versus operating costs.

Business quality (Weak): The business description is specific about what the company sells and that it also licenses its trademarks, but the provided dataset does not include reportable segments or operational KPIs to link performance to drivers beyond consolidated margins.

Bull case

Two monetization paths tied to the Emerson brand: The company sells Emerson-branded houseware and consumer electronic products and also licenses its trademarks to others worldwide, which can diversify how the brand generates revenue.
Product breadth across houseware and audio categories: Its catalog spans multiple categories such as microwave ovens and compact refrigerators, plus audio items like clock radios and Bluetooth speakers, which can support flexibility in what it offers customers.

Bear case

Operating losses: The latest provided operating margin is negative (-43.7%), indicating operating expenses exceed gross profit in the reported period.
Low gross margin in the reported period: The latest provided gross margin is 10.9%, which leaves limited room to cover operating costs if revenues or costs shift unfavorably.

Valuation — source: SEC EDGAR (first-party)
Price	$0.38
Market Cap	$8.06M
Price / Book	0.48
Price / Sales	1.38
FCF Yield	-72.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$6.31M
Net Margin	-68.1%
Revenue Growth (YoY)	-41.5%
EPS Growth (YoY)	-9.1%
FCF Growth (YoY)	-3.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.42 (distress)

Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Recreation)	23.7

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	RENAISSANCE TECHNOLOGIES LLC ($243066.00)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Recreation
CEO	Wing-On
Employees	25
Country	US
IPO Date	1994-09-01

Related Companies (Business model: Consumer Hardware (incl. ecosystem services); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.