11 years of historical data (2014–2024) · Technology · Semiconductors
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Everspin Technologies, Inc. trades at 306.8x earnings, 349% above its 5-year average of 68.4x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a premium of 1116%. On a free-cash-flow basis, the stock trades at 58.8x P/FCF, 146% above the 5-year average of 23.9x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $238M | $142M | $193M | $116M | $226M | $86M | $91M | $92M | $94M | $102M | — |
| Enterprise Value | $201M | $104M | $162M | $98M | $210M | $82M | $88M | $81M | $93M | $80M | — |
| P/E Ratio → | 306.82 | 181.53 | 21.52 | 19.17 | 51.36 | — | — | — | — | — | — |
| P/S Ratio | 4.73 | 2.81 | 3.03 | 1.93 | 4.09 | 2.06 | 2.43 | 1.86 | 2.61 | 3.76 | — |
| P/B Ratio | 3.82 | 2.26 | 3.58 | 2.99 | 8.29 | 4.96 | 4.93 | 3.69 | 8.60 | 3.75 | — |
| P/FCF | 58.83 | 34.96 | 16.48 | 17.23 | 27.10 | — | — | — | — | — | — |
| P/OCF | 33.56 | 19.94 | 14.71 | 12.17 | 24.11 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 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 | 27.49 | 15.27 | 42.90 | — | — | — | — | — | — |
| EV / FCF | — | 25.71 | 13.80 | 14.62 | 25.21 | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Everspin Technologies, Inc. earns an operating margin of -14.1%. Operating margins have compressed from 10.4% to -14.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 1.3% is modest.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.8% | 51.8% | 58.4% | 56.6% | 60.0% | 43.0% | 48.9% | 51.3% | 59.8% | 55.5% | 52.7% |
| Operating Margin | -14.1% | -14.1% | 9.2% | 10.4% | 9.1% | -18.0% | -38.4% | -35.1% | -56.2% | -56.0% | -66.1% |
| Net Profit Margin | 1.5% | 1.5% | 14.2% | 10.2% | 7.9% | -20.3% | -39.1% | -35.9% | -58.7% | -61.6% | -68.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.3% | 1.3% | 19.6% | 18.6% | 19.5% | -47.4% | -67.6% | -99.2% | -110.8% | -155.9% | -821.6% |
| ROA | 1.1% | 1.1% | 14.8% | 12.9% | 12.1% | -25.1% | -36.5% | -46.4% | -57.6% | -63.3% | -126.6% |
| ROIC | -22.3% | -22.3% | 20.2% | 28.6% | 30.5% | -39.9% | -73.9% | -107.7% | -193.2% | -420.6% | -801.2% |
| ROCE | -11.2% | -11.2% | 11.4% | 16.9% | 19.6% | -30.4% | -48.9% | -68.6% | -80.0% | -91.8% | -292.9% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $42M exceeds total debt of $5M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.07 | 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 | -0.58 | -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 | — | -9.25 | -2.68 | -2.61 | -1.89 | — | — | — | — | — | — |
| Interest Coverage | — | — | 93.41 | 22.73 | 9.20 | -11.37 | -19.29 | -19.46 | -26.45 | -6.47 | -26.85 |
Net cash position: cash ($42M) exceeds total debt ($5M)
Short-term solvency ratios and asset-utilisation metrics
Everspin Technologies, Inc.'s current ratio of 6.48x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 5.56x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 4.11x to 6.48x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.48 | 6.48 | 6.59 | 4.11 | 3.56 | 2.75 | 3.63 | 2.99 | 2.22 | 3.84 | 0.98 |
| Quick Ratio | 5.56 | 5.56 | 5.64 | 3.50 | 2.94 | 2.20 | 2.64 | 2.32 | 1.42 | 3.32 | 0.53 |
| Cash Ratio | 4.25 | 4.25 | 4.21 | 2.46 | 2.07 | 1.43 | 1.84 | 1.72 | 1.05 | 2.86 | 0.25 |
| Asset Turnover | — | 0.65 | 0.95 | 1.08 | 1.40 | 1.29 | 1.06 | 1.10 | 1.14 | 0.65 | 2.42 |
| Inventory Turnover | 2.66 | 2.66 | 3.16 | 3.90 | 3.45 | 4.18 | 2.44 | 2.65 | 1.47 | 2.22 | 3.01 |
| Days Sales Outstanding | — | 84.89 | 66.14 | 64.89 | 54.23 | 66.06 | 56.44 | 55.56 | 41.04 | 49.25 | 34.00 |
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. The earnings yield of 0.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.3% | 0.6% | 4.6% | 5.2% | 1.9% | — | — | — | — | — | — |
| FCF Yield | 1.7% | 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% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $22M | $21M | $21M | $20M | $19M | $17M | $16M | $12M | $12M | $5M |
Compare MRAM with 3 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| MRAMYou | $238M | 306.8 | — | 58.8 | 51.8% | -14.1% | 1.3% | -22.3% | — |
| MU | $463B | 54.3 | 25.7 | 277.4 | 39.8% | 26.4% | 17.2% | 13.2% | 0.8 |
| SIMO | $4B | 8.9 | 34.0 | 699.5 | 48.3% | 10.5% | 15.3% | 12.4% | — |
| GSIT | $247M | -19.4 | — | — | 49.4% | -52.8% | -33.1% | -34.2% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 11 years · Updated daily
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Start ComparisonEverspin Technologies, Inc.'s current P/E ratio is 306.8x. The historical average is 68.4x. This places it at the 100th percentile of its historical range.
Everspin Technologies, Inc.'s return on equity (ROE) is 1.3%. The historical average is -52.2%.
Based on historical data, Everspin Technologies, Inc. is trading at a P/E of 306.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Everspin Technologies, Inc. has 51.8% gross margin and -14.1% operating margin.