MRAM - Everspin Technologies Inc Stock Price, Fair Value and News

6.17USD-0.04 (-0.64%)Market Closed

Market Summary

USD6.17-0.04

Market Closed

-0.64%

MRAM Stock Price

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MRAM RSI Chart

MRAM Valuation

Market Cap

132.8M

Price/Earnings (Trailing)

16.42

Price/Sales (Trailing)

2.1

EV/EBITDA

9.57

Price/Free Cashflow

14.7

MRAM Price/Sales (Trailing)

MRAM Profitability

EBT Margin

14.06%

Return on Equity

14.5%

Return on Assets

12.23%

Free Cashflow Yield

6.8%

MRAM Fundamentals

MRAM Revenue

Revenue (TTM)

63.3M

Rev. Growth (Yr)

-2.8%

Rev. Growth (Qtr)

-13.62%

MRAM Earnings

Earnings (TTM)

8.1M

Earnings Growth (Yr)

-126.54%

Earnings Growth (Qtr)

-110.26%

Breaking Down MRAM Revenue

Last 7 days

2.3%

Last 30 days

-17.2%

Last 90 days

-29.4%

Trailing 12 Months

-21.1%

How does MRAM drawdown profile look like?

MRAM Financial Health

Current Ratio

9.56

Debt/Equity

0.02

Debt/Cashflow

11.14

MRAM Investor Care

Shares Dilution (1Y)

4.39%

Diluted EPS (TTM)

0.37

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	63.3M	0	0	0
2023	60.5M	61.5M	62.7M	63.8M
2022	59.2M	62.1M	62.5M	60.0M
2021	42.2M	42.2M	46.9M	55.1M
2020	37.6M	40.8M	41.7M	42.0M
2019	44.6M	42.5M	40.1M	37.5M
2018	42.9M	44.7M	47.3M	49.4M
2017	28.8M	31.0M	32.9M	35.9M
2016	26.4M	26.8M	26.8M	27.1M
2015	25.3M	25.7M	26.1M	26.5M
2014	0	0	0	24.9M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Everspin Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	finch lawrence g	acquired	-	-	2,221	-
Apr 02, 2024	aggarwal anuj	sold	-100,760	7.84	-12,852	chief financial officer
Apr 02, 2024	aggarwal sanjeev	sold	-136,824	7.84	-17,452	president and ceo
Mar 26, 2024	schrenk david	sold	-1,780	8.02	-222	vp sales & bus. development
Mar 26, 2024	aggarwal sanjeev	sold	-4,162	8.02	-519	president and ceo
Mar 20, 2024	schrenk david	sold	-12,292	7.88	-1,560	vp sales & bus. development
Mar 15, 2024	schrenk david	sold	-9,623	7.98	-1,206	vp sales & bus. development
Mar 13, 2024	ribar geoffrey g	sold	-66,776	8.5	-7,856	-
Mar 13, 2024	schrenk david	sold	-2,064	8.16	-253	vp sales & bus. development
Mar 13, 2024	mitchell douglas m	acquired	-	-	28,248	-

Which funds bought or sold MRAM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-6.13	-220,361	1,020,400	-%
May 16, 2024	AWM Investment Company, Inc.	unchanged	-	-2,246,990	15,889,400	2.08%
May 15, 2024	Schonfeld Strategic Advisors LLC	added	108	79,821	176,575	-%
May 15, 2024	OCCUDO QUANTITATIVE STRATEGIES LP	sold off	-100	-141,964	-	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	added	4,741	165,863	169,868	0.04%
May 15, 2024	Caption Management, LLC	new	-	74,836	74,836	-%
May 15, 2024	Walleye Capital LLC	sold off	-100	-188,855	-	-%
May 15, 2024	PRELUDE CAPITAL MANAGEMENT, LLC	added	12.89	-3,522	318,962	0.02%
May 15, 2024	Laurion Capital Management LP	unchanged	-	-100,559	711,097	0.01%
May 15, 2024	683 Capital Management, LLC	sold off	-100	-226,280	-	-%

Are Funds Buying or Selling MRAM?

Are funds buying MRAM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MRAM

No. of Funds

Unveiling Everspin Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	awm investment company, inc.	9.9%	2,006,241	SC 13G/A
Aug 18, 2022	hirschman orin	4.0%	854,430	SC 13G/A
Feb 14, 2022	nv partners iv l p	6.7%	1,319,619	SC 13G/A
Feb 11, 2022	awm investment company, inc.	9.7%	1,908,735	SC 13G/A
Feb 11, 2022	hirschman orin	7.4%	1,453,976	SC 13G/A
Nov 16, 2021	hirschman orin	8.2%	1,605,026	SC 13G
Feb 12, 2021	awm investment company, inc.	9.9%	1,878,597	SC 13G/A
Feb 01, 2021	lux ventures ii, l.p.	0.0%	0	SC 13D/A
Nov 19, 2020	hirschman orin	1.9%	354,897	SC 13G/A
May 22, 2020	hirschman orin	5.1%	950,000	SC 13G

Recent SEC filings of Everspin Technologies Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading

Peers (Alternatives to Everspin Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

Everspin Technologies Inc News

Latest updates

Everspin Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-13.6%	14,430	16,706	16,466	15,747	14,846	15,690	15,241	14,707	14,347	18,223	14,795	11,848	10,280	9,977	10,120	11,826	10,108	9,653	9,178	8,646	10,026
Gross Profit	-15.9%	8,160	9,703	9,919	9,193	8,430	8,067	8,964	8,591	8,323	11,443	8,448	7,196	5,985	5,218	2,329	5,191	5,351	5,173	4,354	4,019	4,785
Operating Expenses	7.9%	8,760	8,116	7,940	7,570	7,734	7,515	7,053	6,851	6,299	7,655	7,373	6,740	6,269	6,401	6,040	6,278	6,933	8,236	7,936	7,614	8,957
S&GA Expenses	2.8%	1,306	1,270	1,348	1,355	1,315	1,240	1,203	1,292	1,134	1,156	1,272	1,045	987	912	912	1,056	1,103	1,270	1,491	1,239	1,364
R&D Expenses	6.5%	3,418	3,210	2,659	2,708	3,199	3,094	2,879	2,699	2,436	3,727	3,105	3,357	2,439	2,513	2,579	2,774	3,030	3,271	3,395	3,519	3,998
EBITDA Margin	1.3%	0.16*	0.16*	0.16*	0.15*	0.12*	0.12*	0.17*	0.16*	0.14*	0.12*	0.03*	-0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	63.00	56.00	73.00	70.00	75.00	86.00	165	144	152	164	157	172	172	180	170	186	211
Income Taxes	-	-	-	-	-	-	-	-	-	-	-71.00	22.00	44.00	9.00	160	24.00	50.00	26.00	-	-	-	-
Earnings Before Taxes	-100.0%	-	1,952	2,438	3,885	-	630	1,907	1,671	1,935	3,596	902	300	-451	-1,431	-3,871	-1,244	-1,706	-	-	-	-
EBT Margin	0.7%	0.14*	0.14*	0.14*	0.13*	0.10*	0.10*	0.15*	0.13*	0.11*	0.08*	-0.01*	-0.13*	-	-	-	-	-	-	-	-	-
Net Income	-110.3%	-202	1,968	2,438	3,885	761	616	1,907	1,671	1,935	3,667	880	256	-460	-1,591	-3,895	-1,294	-1,732	-3,080	-3,663	-3,670	-4,256
Net Income Margin	-10.1%	0.13*	0.14*	0.12*	0.12*	0.08*	0.10*	0.15*	0.13*	0.11*	0.08*	-0.02*	-0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-245.4%	-2,498	1,718	3,538	6,275	193	3,767	584	3,347	-993	5,969	1,833	-815	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.7%	66.00	67.00	63.00	57.00	52.00	55.00	54.00	46.00	43.00	39.00	35.00	35.00	35.00	33.00	33.00	35.00	35.00	35.00	35.00	37.00	42.00
Current Assets	-2.6%	56.00	58.00	54.00	48.00	42.00	45.00	44.00	40.00	37.00	37.00	32.00	31.00	31.00	28.00	28.00	29.00	29.00	29.00	29.00	31.00	35.00
Cash Equivalents	-5.8%	35.00	37.00	35.00	31.00	24.00	27.00	23.00	23.00	20.00	21.00	15.00	14.00	15.00	15.00	14.00	13.00	14.00	14.00	15.00	15.00	19.00
Inventory	-4.0%	8.00	8.00	9.00	7.00	6.00	7.00	8.00	6.00	6.00	6.00	7.00	7.00	5.00	6.00	6.00	8.00	8.00	8.00	8.00	9.00	10.00
Net PPE	9.7%	4.00	4.00	3.00	4.00	4.00	4.00	3.00	3.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	3.00	3.00	3.00	4.00	4.00	4.00
Liabilities	-22.4%	10.00	13.00	13.00	11.00	12.00	17.00	17.00	13.00	13.00	12.00	14.00	15.00	17.00	15.00	15.00	15.00	15.00	17.00	17.00	19.00	21.00
Current Liabilities	-32.8%	6.00	9.00	8.00	6.00	6.00	11.00	11.00	10.00	9.00	10.00	11.00	12.00	13.00	10.00	10.00	6.00	7.00	8.00	8.00	13.00	14.00
Long Term Debt	-	-	-	-	-	-	-	-	-	1.00	2.00	2.00	3.00	3.00	4.00	4.00	7.00	7.00	7.00	8.00	4.00	5.00
LT Debt, Current	-	-	-	-	-	-	3.00	3.00	4.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00	1.00	1.00	1.00	0.00	6.00	6.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	1.00	2.00	2.00	3.00	3.00	4.00	4.00	7.00	7.00	7.00	8.00	4.00	5.00
Shareholder's Equity	3.5%	56.00	54.00	50.00	46.00	41.00	39.00	37.00	33.00	30.00	27.00	21.00	19.00	18.00	17.00	18.00	20.00	20.00	18.00	18.00	19.00	21.00
Retained Earnings	-0.1%	-137	-137	-139	-142	-145	-146	-147	-149	-150	-152	-156	-157	-157	-157	-155	-151	-150	-148	-145	-141	-138
Additional Paid-In Capital	1.1%	194	192	190	188	187	185	184	182	181	180	178	177	176	175	174	172	170	167	164	161	160
Shares Outstanding	1.5%	21.00	21.00	21.00	21.00	21.00	20.00	20.00	20.00	20.00	20.00	20.00	19.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	191	-	-	-	118	-	-	-	118	-	-	-	105	-	-	-	87.00	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-163.3%	-1,293	2,042	3,555	6,327	1,204	5,235	908	4,321	-971	6,421	1,857	-570	1,651	614	663	-1,645	-2,555	-2,661	-665	-1,641	-3,149
Share Based Compensation	31.3%	1,714	1,305	1,280	1,260	1,160	1,121	1,152	1,311	824	753	1,027	704	743	1,335	910	918	805	1,157	895	798	704
Cashflow From Investing	-276.6%	-1,205	-320	-17.00	-37.00	-1,011	-1,468	-324	-772	-22.00	-452	-24.00	-245	-309	-13.00	-30.00	-213	-64.00	-295	-105	-236	-225
Cashflow From Financing	21.7%	353	290	566	329	-2,777	-414	-193	-383	-531	882	-1,494	-451	-456	71.00	378	824	2,082	2,663	277	-1,365	-1,490

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MRAM Income Statement

2024-03-31

Condensed Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total revenue	$ 14,430	$ 14,846
Total cost of sales	6,270	6,416
Gross profit	8,160	8,430
Operating expenses:
Research and development	3,418	3,199
General and administrative	4,036	3,220
Sales and marketing	1,306	1,315
Total operating expenses	8,760	7,734
(Loss) income from operations	(600)	696
Interest expense		(63)
Other income, net	398	128
Net (loss) income and comprehensive income	$ (202)	$ 761
Net (loss) income per common share, Basic	$ (0.01)	$ 0.04
Net (loss) income per common share, Diluted	$ (0.01)	$ 0.04
Weighted-average shares of common stock outstanding, basic	21,252,359	20,450,994
Weighted average shares of common stock outstanding, Diluted	21,252,359	20,832,074
Product sales
Total revenue	$ 10,860	$ 13,777
Total cost of sales	6,002	6,123
Licensing, royalty, patent, and other revenue
Total revenue	3,570	1,069
Total cost of sales	$ 268	$ 293

MRAM Balance Sheet

2024-03-31

Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 34,801	$ 36,946
Accounts receivable, net	13,078	11,554
Inventory	8,053	8,391
Prepaid expenses and other current assets	450	988
Total current assets	56,382	57,879
Property and equipment, net	4,078	3,717
Right-of-use assets	5,494	5,495
Other assets	212	212
Total assets	66,166	67,303
Current liabilities:
Accounts payable	2,434	2,916
Accrued liabilities	2,122	4,336
Deferred revenue	81	336
Lease liabilities, current portion	1,259	1,190
Total current liabilities	5,896	8,778
Lease liabilities, net of current portion	4,322	4,390
Long-term income tax liability	162	214
Total liabilities	10,380	13,382
Commitments and contingencies (Note 5)
Stockholders' equity:
Preferred stock, $0.0001 par value per share; 5,000,000 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively
Common stock, $0.0001 par value per share; 100,000,000 shares authorized; 21,406,511 and 21,080,472 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	2	2
Additional paid-in capital	193,636	191,569
Accumulated deficit	(137,852)	(137,650)
Total stockholders' equity	55,786	53,921
Total liabilities and stockholders' equity	$ 66,166	$ 67,303

About Everspin Technologies Inc

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, Germany, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

CEO	Dr. Sanjeev Aggarwal Ph.D.
WEBSITE	everspin.com
INDUSTRY	Semiconductors
EMPLOYEES	74

Everspin Technologies Inc Frequently Asked Questions

What is the ticker symbol for Everspin Technologies Inc? What does MRAM stand for in stocks?

MRAM is the stock ticker symbol of Everspin Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Everspin Technologies Inc (MRAM)?

As of Fri May 17 2024, market cap of Everspin Technologies Inc is 132.79 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MRAM stock?

You can check MRAM's fair value in chart for subscribers.

What is the fair value of MRAM stock?

You can check MRAM's fair value in chart for subscribers. The fair value of Everspin Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Everspin Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MRAM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Everspin Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether MRAM is over valued or under valued. Whether Everspin Technologies Inc is cheap or expensive depends on the assumptions which impact Everspin Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MRAM.

What is Everspin Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MRAM's PE ratio (Price to Earnings) is 16.42 and Price to Sales (PS) ratio is 2.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MRAM PE ratio will change depending on the future growth rate expectations of investors.