Friday 6 November 2026
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Emerson Radio Corporation
MSN Technology Consumer Electronics
Emerson Radio Corporation’s revenue for fiscal 2026 (year ended March 2026) was $6.3 million, down 41.5% from fiscal 2025.
- Revenue
- −37.1%
- EPS
- +40.0%
- Free cash flow
- −66.2%
- Total debt
- −40.0%
Quarter to June 2026, against a year earlier
0.28
0.01
−3.45%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Jun ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 21 | 15 | 9 | 6 | 7 | 8 | 7 | 9 | 11 | 6 | 6 | (12.6%) | — | — | — | — | |
| Gross margin, % | 23.41 | 7.33 | 2.17 | 18.26 | 22.78 | 23.99 | 29.27 | 17.24 | 8.35 | 1.49 | 10.60 | (21.9) pt | ||||||
| EBT | 0 | (3) | (3) | (4) | (4) | (4) | (1) | 1 | (5) | (4) | (4) | +59.3% | ||||||
| EBT margin, % | (0.31) | (22.57) | (31.05) | (61.18) | (53.40) | (44.19) | (18.95) | 9.44 | (43.84) | (68.15) | (65.49) | (67.8) pt | ||||||
| Net income | 0 | (7) | (2) | (4) | (4) | (4) | (1) | 1 | (5) | (4) | (4) | +38.0% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.78 | 0.59 | 0.41 | 0.30 | 0.35 | 0.39 | 0.34 | 0.43 | 0.51 | 0.30 | 0.27 | (10.1%) | |||||
| Earnings | (0.01) | (0.27) | (0.11) | (0.20) | (0.19) | (0.17) | (0.06) | 0.04 | (0.22) | (0.20) | (0.17) | +39.5% | ||||||
| Cash flow | 0.07 | (0.20) | (0.10) | (0.09) | (0.20) | (0.22) | (0.01) | (0.25) | (0.17) | (0.18) | (0.19) | n/m | ||||||
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | (1.19) | 0.00 | 0.00 | (0.88) | (0.01) | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | 0.07 | (0.20) | (0.10) | (0.09) | (1.39) | (0.22) | (0.01) | (1.13) | (0.18) | (0.18) | (0.19) | n/m | ||||||
| Book value | 2.10 | 1.73 | 1.77 | 1.64 | 1.45 | 1.27 | 1.21 | 1.25 | 1.02 | 0.82 | 0.79 | (10.0%) | ||||||
| Shares, m | 27 | 25 | 22 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | (2.8%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.00 | 0.00 | 0.00 | 0.00 | 1.4 | |||||
| P/S | 1.74 | 2.37 | 3.25 | 2.34 | 3.62 | 1.97 | 1.58 | 1.30 | 0.88 | 1.27 | 1.07 | 2.0 | ||||||
| P/B | 0.69 | 0.88 | 0.82 | 0.47 | 0.99 | 0.69 | 0.51 | 0.51 | 0.52 | 0.58 | 0.46 | 0.7 | ||||||
| EV/Sales | (0.71) | (0.33) | (0.74) | (3.08) | (0.40) | (1.27) | (1.91) | (0.86) | (0.60) | (0.67) | (0.92) | (1.1) | ||||||
| EV/FCF | (8.14) | 0.96 | 3.03 | 10.17 | 0.70 | 2.22 | 45.08 | 1.44 | 1.68 | 1.07 | 1.23 | 5.8 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 2 | (5) | (2) | (2) | (4) | (5) | 0 | (5) | (4) | (4) | (4) | n/m | |||||
| Capex | 0 | 0 | 0 | — | (25) | 0 | — | (19) | 0 | — | 0 | +58.1% | ||||||
| Free cash flow | 2 | (5) | (2) | (2) | (29) | (5) | 0 | (24) | (4) | (4) | (4) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 56 | 46 | 40 | 36 | 32 | 28 | 26 | 27 | 21 | 17 | 16 | (12.5%) | |||||
| Net debt | (53) | (41) | (36) | (34) | (30) | (27) | (25) | (20) | (16) | (12) | (11) | (14.9%) | ||||||
| Shareholders’ equity | 57 | 44 | 39 | 34 | 30 | 27 | 25 | 26 | 21 | 17 | 17 | (12.5%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (0.40) | (12.97) | (5.44) | (10.80) | (11.07) | (11.35) | (4.43) | 2.53 | (17.99) | (20.40) | (17.95) | (20.0) pt | |||||
| ROIC | (4.65) | (90.30) | (93.44) | (6,023.44) | (1,665.35) | 0.00 | (517.79) | (33.53) | (64.45) | (62.55) | (51.51) | (57.9) pt | ||||||
| ROE | (0.44) | (14.56) | (6.42) | (12.95) | (13.65) | (14.32) | (5.96) | 3.40 | (23.02) | (26.82) | (24.54) | (26.4) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 32 | 27 | 23 | 22 | 24 | 22 | 22 | 25 | 23 | 21 | — | (4.6%) | |||||
| Revenue/emp, $m | 0.66 | 0.56 | 0.39 | 0.29 | 0.31 | 0.37 | 0.33 | 0.36 | 0.47 | 0.30 | — | (8.4%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Mar 2026 · latest quarter Jun 2026
Emerson Radio Corporation vs peers in Consumer Electronics (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AXIL AXIL Brands, Inc. | $35.4M | 13.3× | — | −11.17% (below 0%: shrinking) | +20.00% (above 0%: growing) | +531.52% (above 0%: growing) | 82.62% | 7.18% | Compare |
| KOSS Koss Corporation | $28.7M | — (loss-making) | 53.5× | −23.99% (below 0%: shrinking) | n/m | −227.85% (below 0%: shrinking) | 39.49% | (12.95%) | Compare |
| ZEPP Zepp Health Corporation Sponsored ADR | $18.8M | — (loss-making) | — (loss-making) | +6.93% (above 0%: growing) | n/m | −103.70% (below 0%: shrinking) | 37.35% | (19.37%) | Compare |
| FOXX Foxx Development Holdings Inc. | $13.0M | — (loss-making) | — | −49.92% (below 0%: shrinking) | n/m | +11.09% (above 0%: growing) | (26.08%) | (97.68%) | Compare |
| FEBO Fenbo Holdings Limited | $7.1M | — | — | — | — | −82.70% (below 0%: shrinking) | — | — | Compare |
| MSN Emerson Radio Corporation | $6.2M | — (loss-making) | 21.5× | −37.07% (below 0%: shrinking) | n/m | −66.15% (below 0%: shrinking) | 49.34% | (65.09%) | |
| WLDS Wearable Devices Ltd. | $3.2M | — (loss-making) | — | −88.79% (below 0%: shrinking) | n/m | −9.83% (below 0%: shrinking) | (116.67%) | 0.00% | Compare |
| RIME Algorhythm Holdings, Inc. | $1.7M | — (loss-making) | — (loss-making) | +160.85% (above 0%: growing) | n/m | −261.98% (below 0%: shrinking) | (19.73%) | (89.88%) | Compare |
| BOXL Boxlight Corporation | $1.7M | — (loss-making) | — (loss-making) | −15.99% (below 0%: shrinking) | n/m | −104.84% (below 0%: shrinking) | 49.83% | 4.00% | Compare |
| Median of peers | $10.0M | — | — | −15.99% | — | −93.20% | 37.35% | (12.95%) |
Pay and ownership Proxy statement filed 20 February 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 452.95k | 452.95k | 80.36 |
| 2024 | 304.00k | 304.00k | 98.15 |
| 2023 | 253.58k | 253.58k | 72.97 |
Ownership
Directors and executive officers, together
0.00%
S&T International Distribution Ltd.
72.40%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement