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Emerson Radio A Value, But Limited Customer List A Risk

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Rupert Hargreaves
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Emerson Radio Corp (NYSEMKT:MSN) currently offers Benjamin Graham style net-nets value, a trait that is hard to find in today's somewhat overstretched market. Emerson recently reported fiscal Q1 2014 results that showed a year-on-year fall in revenue of 46%, however, revenue expanded 7.4% from the previous quarter. Gross income and gross margins fell by around 46% and 100 bps respectively YoY.

Emerson Radio A Value, But Limited Customer List A Risk

Still, Emerson Radio Corp (NYSEMKT:MSN) is on sale and currently, most of the company's assets can be brought for nothing.

Emerson Radio’s assests

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha