Emerson Radio Corporation
Find Ratings ReportsEMERSON RADIO CORP's gross profit margin for the third quarter of its fiscal year 2023 has significantly decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. EMERSON RADIO CORP is extremely liquid. Currently, the Quick Ratio is 10.48 which clearly shows the ability to cover any short-term cash needs. MSN managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
During the same period, stockholders' equity ("net worth") has increased by 6.94% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 2.62 | 1.93 |
EBITDA ($mil) | -0.72 | -0.48 |
EBIT ($mil) | -0.72 | -0.48 |
Net Income ($mil) | -0.42 | -0.24 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 22.14 | 27.29 |
Total Assets ($mil) | 30.22 | 31.99 |
Total Debt ($mil) | 0.34 | 0.25 |
Equity ($mil) | 27.11 | 25.35 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 18.5 | 29.55 |
EBITDA Margin | -27.34 | -24.84 |
Operating Margin | -27.61 | -24.84 |
Sales Turnover | 0.29 | 0.22 |
Return on Assets | 5.82 | -7.45 |
Return on Equity | 6.49 | -9.41 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 13.28 | 5.92 |
Debt/Capital | 0.01 | 0.01 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 21.04 | 21.04 |
Div / share | 0.0 | 0.0 |
EPS | -0.02 | -0.01 |
Book value / share | 1.29 | 1.2 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 9127.0 | 6083.0 |
SELL. EMERSON RADIO CORP's P/E ratio indicates a significant discount compared to an average of 53.34 for the Computer and Electronic Product Manufacturing subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 0.40 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 23.59. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, EMERSON RADIO CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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MSN 5.78 | Peers 53.34 | MSN NM | Peers 44.47 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. MSN is trading at a significant discount to its peers. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. MSN's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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MSN NA | Peers 26.06 | MSN NA | Peers 1.95 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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MSN 0.40 | Peers 23.59 | MSN 181.81 | Peers 123.02 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. MSN is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. MSN is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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MSN 1.25 | Peers 14.13 | MSN 24.37 | Peers 27.20 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. MSN is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. MSN trails its peers on the basis of sales growth. |
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