Everspin Technologies, Inc. (MRAM) Financial Ratios
12 years of historical data (2014–2025) · Technology · Semiconductors
EV/EBITDA
↓
N/A
—
5yr avg: 22.92
30Y Low13.6·High32.4
P/FCF
↑
190.71
↑+486% vs avg
5yr avg: 32.57
30Y Low16.5·High67.1
P/B Ratio
↓
8.36
↑+107% vs avg
5yr avg: 4.03
30Y Low2.3·High8.6
ROE
↓
-0.9%
↑-108% vs avg
5yr avg: 11.6%
30Y Low-156%·High20%
Debt/EBITDA
↓
N/A
—
5yr avg: 0.98
30Y Low0.8·High1.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MRAM Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Everspin Technologies, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 190.7x P/FCF, 486% above the 5-year average of 32.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $595M | $209M | $142M | $193M | $116M | $226M | $86M | $91M | $92M | $94M | $102M |
| Enterprise Value | $554M | $168M | $104M | $162M | $98M | $210M | $82M | $88M | $81M | $93M | $80M |
| P/E Ratio → | -981.92 | — | 181.53 | 21.52 | 19.17 | 51.36 | — | — | — | — | — |
| P/S Ratio | 10.79 | 3.79 | 2.81 | 3.03 | 1.93 | 4.09 | 2.06 | 2.43 | 1.86 | 2.61 | 3.76 |
| P/B Ratio | 8.36 | 3.04 | 2.26 | 3.58 | 2.99 | 8.29 | 4.96 | 4.93 | 3.69 | 8.60 | 3.75 |
| P/FCF | 190.71 | 67.08 | 34.96 | 16.48 | 17.23 | 27.10 | — | — | — | — | — |
| P/OCF | 59.78 | 21.03 | 19.94 | 14.71 | 12.17 | 24.11 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
MRAM EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.05 | 2.07 | 2.54 | 1.63 | 3.81 | 1.96 | 2.34 | 1.64 | 2.58 | 2.97 |
| EV / EBITDA | — | — | — | 22.82 | 13.60 | 32.35 | — | — | — | — | — |
| EV / EBIT | — | — | 140.52 | 17.78 | 15.27 | 42.90 | — | — | — | — | — |
| EV / FCF | — | 53.91 | 25.71 | 13.80 | 14.62 | 25.21 | — | — | — | — | — |
MRAM Profitability
Margins and return-on-capital ratios measuring operating efficiency
Everspin Technologies, Inc. earns an operating margin of -11.8%. Operating margins have compressed from 9.2% to -11.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -0.9% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.2% | 51.2% | 51.8% | 58.4% | 56.6% | 60.0% | 43.0% | 48.9% | 51.3% | 59.8% | 55.5% |
| Operating Margin | -11.8% | -11.8% | -14.1% | 9.2% | 10.4% | 9.1% | -18.0% | -38.4% | -35.1% | -56.2% | -56.0% |
| Net Profit Margin | -1.1% | -1.1% | 1.5% | 14.2% | 10.2% | 7.9% | -20.3% | -39.1% | -35.9% | -58.7% | -61.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.9% | -0.9% | 1.3% | 19.6% | 18.6% | 19.5% | -47.4% | -67.6% | -99.2% | -110.8% | -155.9% |
| ROA | -0.7% | -0.7% | 1.1% | 14.8% | 12.9% | 12.1% | -25.1% | -36.5% | -46.4% | -57.6% | -63.3% |
| ROIC | -18.4% | -18.4% | -22.3% | 20.2% | 28.6% | 30.5% | -39.9% | -73.9% | -107.7% | -193.2% | -420.6% |
| ROCE | -9.4% | -9.4% | -11.2% | 11.4% | 16.9% | 19.6% | -30.4% | -48.9% | -68.6% | -80.0% | -91.8% |
MRAM Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $44M exceeds total debt of $3M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | 0.07 | 0.10 | 0.24 | 0.21 | 0.60 | 0.61 | 0.50 | 1.12 | 0.30 |
| Debt / EBITDA | — | — | — | 0.79 | 1.29 | 0.88 | — | — | — | — | — |
| Net Debt / Equity | — | -0.60 | -0.60 | -0.58 | -0.45 | -0.58 | -0.24 | -0.18 | -0.44 | -0.07 | -0.79 |
| Net Debt / EBITDA | — | — | — | -4.42 | -2.43 | -2.42 | — | — | — | — | — |
| Debt / FCF | — | -13.17 | -9.25 | -2.68 | -2.61 | -1.89 | — | — | — | — | — |
| Interest Coverage | — | — | — | 144.43 | 23.42 | 8.95 | -11.41 | -18.64 | -18.95 | -26.62 | -6.12 |
Net cash position: cash ($44M) exceeds total debt ($3M)
MRAM Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Everspin Technologies, Inc.'s current ratio of 4.84x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 4.05x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 6.59x to 4.84x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.84 | 4.84 | 6.48 | 6.59 | 4.11 | 3.56 | 2.75 | 3.63 | 2.99 | 2.22 | 3.84 |
| Quick Ratio | 4.05 | 4.05 | 5.56 | 5.64 | 3.50 | 2.94 | 2.20 | 2.64 | 2.32 | 1.42 | 3.32 |
| Cash Ratio | 3.30 | 3.30 | 4.25 | 4.21 | 2.46 | 2.07 | 1.43 | 1.84 | 1.72 | 1.05 | 2.86 |
| Asset Turnover | — | 0.65 | 0.65 | 0.95 | 1.08 | 1.40 | 1.29 | 1.06 | 1.10 | 1.14 | 0.65 |
| Inventory Turnover | 2.51 | 2.51 | 2.66 | 3.16 | 3.90 | 3.45 | 4.18 | 2.44 | 2.65 | 1.47 | 2.22 |
| Days Sales Outstanding | — | 53.56 | 84.89 | 66.14 | 64.89 | 54.23 | 66.06 | 56.44 | 55.56 | 41.04 | 49.25 |
MRAM Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Everspin Technologies, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 0.6% | 4.6% | 5.2% | 1.9% | — | — | — | — | — |
| FCF Yield | 0.5% | 1.5% | 2.9% | 6.1% | 5.8% | 3.7% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $23M | $22M | $21M | $21M | $20M | $19M | $17M | $16M | $12M | $12M |
Peer Comparison
Compare MRAM with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MRAMYou | $595M | -981.9 | — | 190.7 | 51.2% | -11.8% | -0.9% | -18.4% | — |
 LYTS | $811M | 33.0 | 18.1 | 23.4 | 24.7% | 6.2% | 11.2% | 9.5% | 1.4 |
 SIMO | $3B | 23.1 | 21.3 | 450.7 | 48.3% | 10.5% | 15.3% | 12.4% | — |
 IMOS | $2B | 158.9 | 13.2 | 597.6 | 10.8% | 3.8% | 2.0% | 2.7% | 2.7 |
 MU | $1.4T | 159.6 | 75.3 | 819.2 | 39.8% | 26.4% | 17.2% | 13.2% | 0.8 |
 WDC | $249B | 143.2 | 90.3 | 193.6 | 38.8% | 24.5% | 23.1% | 13.8% | 1.8 |
 STX | $239B | 161.6 | 113.5 | 291.7 | 35.2% | 20.8% | — | 41.4% | 2.5 |
 RMBS | $15B | 66.5 | 51.7 | 45.6 | 76.0% | 36.8% | 18.5% | 17.1% | 0.1 |
 NVDA | $5.1T | 42.6 | 37.9 | 52.3 | 71.1% | 60.4% | 101.5% | 81.8% | 0.1 |
 TXN | $303B | 61.0 | 39.2 | 116.2 | 57.0% | 34.1% | 30.1% | 15.8% | 1.9 |
 AMAT | $508B | 73.9 | 60.5 | 89.2 | 48.7% | 29.2% | 35.5% | 32.9% | 0.8 |
| Technology Median | — | 28.3 | 16.6 | 18.8 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 12 years · Updated daily
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MRAM — Frequently Asked Questions
Quick answers to the most common questions about buying MRAM stock.
What is Everspin Technologies, Inc.'s P/E ratio?
Everspin Technologies, Inc.'s current P/E ratio is -981.9x. The historical average is 68.4x.
What is Everspin Technologies, Inc.'s ROE?
Everspin Technologies, Inc.'s return on equity (ROE) is -0.9%. The historical average is -47.5%.
Is MRAM stock overvalued?
Based on historical data, Everspin Technologies, Inc. is trading at a P/E of -981.9x. Compare with industry peers and growth rates for a complete picture.
What are Everspin Technologies, Inc.'s profit margins?
Everspin Technologies, Inc. has 51.2% gross margin and -11.8% operating margin.