Overview Dividends

(MRAM) Everspin Technologies - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US30041T1043

Magnetoresistive, Memory, Semiconductor, Chips, Discrete

MRAM EPS (Earnings per Share)

EPS Growth (3Y CAGR): -31.60%
EPS Trend (3Y Correlation): -48.4%

MRAM Revenue

Revenue Growth (3Y CAGR): -5.09%
Revenue Trend (3Y Correlation): -62.9%

Description: MRAM Everspin Technologies August 18, 2025

Everspin Technologies Inc (NASDAQ:MRAM) is a US-based semiconductor company. The stocks current price is $6.00, with a market capitalization of $134.36M USD, indicating a relatively small-cap company with a limited float.

Key performance indicators (KPIs) such as the forward Price-to-Earnings (P/E) ratio of 29.94 suggest that investors are pricing in future growth expectations. The Return on Equity (RoE) of 2.66% is relatively low, indicating that the company may not be generating sufficient profits from shareholder equity. To improve RoE, the company needs to either increase net income or reduce shareholder equity.

The semiconductor industry is highly competitive and subject to significant economic drivers, including global demand for electronics, technological advancements, and supply chain dynamics. Key economic drivers for MRAM include the growing demand for non-volatile memory solutions, particularly in the automotive, industrial, and IoT sectors.

To assess the companys potential, its essential to analyze its revenue growth, gross margin, and operating expenses. A high gross margin would indicate a competitive advantage, while a low operating expense ratio would suggest efficient cost management. Investors should also monitor the companys cash flow generation and capital allocation decisions to ensure they are creating value for shareholders.

MRAM Stock Overview

Market Cap in USD	240m
Sub-Industry	Semiconductors
IPO / Inception	2016-10-07

MRAM Stock Ratings

Growth Rating	43.1%
Fundamental	46.3%
Dividend Rating	-
Return 12m vs S&P 500	29.3%
Analyst Rating	4.50 of 5

MRAM Dividends

Currently no dividends paid

MRAM Growth Ratios

Growth Correlation 3m	85.2%
Growth Correlation 12m	49.8%
Growth Correlation 5y	10.1%
CAGR 5y	12.29%
CAGR/Max DD 3y (Calmar Ratio)	0.21
CAGR/Mean DD 3y (Pain Ratio)	0.48
Sharpe Ratio 12m	-0.08
Alpha	45.14
Beta	0.358
Volatility	69.58%
Current Volume	271k
Average Volume 20d	300.1k
Stop Loss	8.3 (-7.9%)
Signal	-0.52

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (1.66m TTM) > 0 and > 6% of Revenue (6% = 3.10m TTM)

FCFTA 0.11 (>2.0%) and ΔFCFTA 3.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 104.0% (prev 86.54%; Δ 17.43pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.17 (>3.0%) and CFO 13.1m > Net Income 1.66m (YES >=105%, WARN >=100%)

Net Debt (-41.0m) to EBITDA (1.26m) ratio: -32.56 <= 3.0 (WARN <= 3.5)

Current Ratio 5.87 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (22.5m) change vs 12m ago 4.35% (target <= -2.0% for YES)

Gross Margin 50.84% (prev 56.66%; Δ -5.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 72.03% (prev 90.20%; Δ -18.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -14.37 (EBITDA TTM 1.26m / Interest Expense TTM -100.0k) >= 6 (WARN >= 3)

Altman Z'' -10.94

(A) 0.68 = (Total Current Assets 64.8m - Total Current Liabilities 11.0m) / Total Assets 78.9m

(B) -1.76 = Retained Earnings (Balance) -138.7m / Total Assets 78.9m

warn (B) unusual magnitude: -1.76 — check mapping/units

(D) -9.34 = Book Value of Equity -138.7m / Total Liabilities 14.8m

Total Rating: -10.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 46.29

1. Piotroski 3.0pt = -2.0

2. FCF Yield 4.22% = 2.11

3. FCF Margin 16.26% = 4.07

4. Debt/Equity 0.06 = 2.50

5. Debt/Ebitda -32.56 = 2.50

6. ROIC - WACC (= -4.77)% = -5.97

7. RoE 2.66% = 0.22

8. Rev. Trend -62.89% = -4.72

9. EPS Trend -48.42% = -2.42

What is the price of MRAM shares?

As of November 09, 2025, the stock is trading at USD 9.01 with a total of 270,994 shares traded.
Over the past week, the price has changed by -15.05%, over one month by -18.43%, over three months by +49.34% and over the past year by +47.38%.

Is Everspin Technologies a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Everspin Technologies (NASDAQ:MRAM) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 46.29 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MRAM is around 8.65 USD . This means that MRAM is currently overvalued and has a potential downside of -4%.

Is MRAM a buy, sell or hold?

Everspin Technologies has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy MRAM.

Strong Buy: 1
Buy: 1
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the MRAM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	8.5	-5.7%
Analysts Target Price	8.5	-5.7%
ValueRay Target Price	9.5	5.7%

MRAM Fundamental Data Overview October 27, 2025

Market Cap USD = 240.3m (240.3m USD * 1.0 USD.USD)
P/E Trailing = 118.0
P/E Forward = 29.7619
P/S = 4.6498
P/B = 3.6758
P/EG = -0.6
Beta = 0.358
Revenue TTM = 51.7m USD
EBIT TTM = 1.44m USD
EBITDA TTM = 1.26m USD
Long Term Debt = 4.00m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.34m USD (from shortTermDebt, last quarter)
Debt = 4.00m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -41.0m USD (from netDebt column, last quarter)
Enterprise Value = 199.3m USD (240.3m + Debt 4.00m - CCE 45.0m)
Interest Coverage Ratio = -14.37 (Ebit TTM 1.44m / Interest Expense TTM -100.0k)
FCF Yield = 4.22% (FCF TTM 8.40m / Enterprise Value 199.3m)
FCF Margin = 16.26% (FCF TTM 8.40m / Revenue TTM 51.7m)
Net Margin = 3.21% (Net Income TTM 1.66m / Revenue TTM 51.7m)
Gross Margin = 50.84% ((Revenue TTM 51.7m - Cost of Revenue TTM 25.4m) / Revenue TTM)
Gross Margin QoQ = 51.27% (prev 51.40%)
Tobins Q-Ratio = 2.53 (Enterprise Value 199.3m / Total Assets 78.9m)
Interest Expense / Debt = -2.50% (Interest Expense -100.0k / Debt 4.00m)
Taxrate = -3.74% (negative due to tax credits) (26.0k / -696.0k)
NOPAT = 1.49m (EBIT 1.44m * (1 - -3.74%)) [negative tax rate / tax credits]
Current Ratio = 5.87 (Total Current Assets 64.8m / Total Current Liabilities 11.0m)
Debt / Equity = 0.06 (Debt 4.00m / totalStockholderEquity, last quarter 64.1m)
Debt / EBITDA = -32.56 (Net Debt -41.0m / EBITDA 1.26m)
Debt / FCF = -4.87 (Net Debt -41.0m / FCF TTM 8.40m)
Total Stockholder Equity = 62.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.10% (Net Income 1.66m / Total Assets 78.9m)
RoE = 2.66% (Net Income TTM 1.66m / Total Stockholder Equity 62.2m)
RoCE = 2.17% (EBIT 1.44m / Capital Employed (Equity 62.2m + L.T.Debt 4.00m))
RoIC = 2.39% (NOPAT 1.49m / Invested Capital 62.2m)
WACC = 7.17% (E(240.3m)/V(244.3m) * Re(7.33%) + D(4.00m)/V(244.3m) * Rd(-2.50%) * (1-Tc(-0.04)))
Discount Rate = 7.33% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 3.32%
[DCF Debug] Terminal Value 79.52% ; FCFE base≈6.82m ; Y1≈7.45m ; Y5≈9.43m
Fair Price DCF = 7.26 (DCF Value 164.2m / Shares Outstanding 22.6m; 5y FCF grow 10.50% → 3.0% )
EPS Correlation: -48.42 | EPS CAGR: -31.60% | SUE: 0.17 | # QB: 0
Revenue Correlation: -62.89 | Revenue CAGR: -5.09% | SUE: 0.56 | # QB: 0

Additional Sources for MRAM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle