Everspin Technologies (MRAM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Everspin Technologies

NasdaqGM•Technology•Semiconductors

$16.37+0.52(0.03%)Market closed

Market Cap

$353.70M

P/S

5.7x

P/B

4.8x

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products and magnetic tunnel junction (MTJ)-based sensors. 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.

How this company scores

AverageMetricSide Score: 53/100

Strongest: Balance Sheet & Red Flags (21/25); weakest: Profitability (8/25).

Profitability8/25

Growth13/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality11/25

Strengths

Growing revenueLong cash runwayLow leverageImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 664.8x5y range 12.6x – 664.8x

Currently above its 15-quarter median.

P/S · 5.7x5y range 1.7x – 5.7x

Currently above its 20-quarter median.

P/B · 4.8x5y range 1.8x – 8.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $353.70M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $62.47M
Q. Revenue: $18.74M
TTM EBITDA: $-6.79M
TTM Op. Income: $-9.71M
Q. Op. Income: $-4.38M
TTM Net Income: $-2.63M
Q. Net Income: $-3.59M
EPS: $-0.15
Shares Out.: $23.88M

$62.47M in TTM revenue grew 20.9% YoY, reaching $18.74M last quarter. TTM EBITDA of $-6.79M and TTM operating income of $-9.71M show growth is flowing through to the bottom line. However, net income is negative at $2.63M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 53.9%
EBITDA Margin: -19.6%
Op. Margin: -23.4%
Net Margin: -19.2%

Op. margin of -23.4% is down 8.5% YoY — costs are rising relative to revenue. Net margin at -19.2% and gross margin of 53.9% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 5.7x
P/B Ratio: 4.8x

P/S of 5.7x and P/B of 4.8x. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $89.39M
Cash: $43.90M
Long-Term Debt: $16,000
Book Value: $73.11M
D/E Ratio: 0.0
Debt/EBITDA: N/A

With $89.39M in assets and $16,000 in long-term debt, D/E is 0.0and book value is $73.11M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 98% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $159,000
TTM Free Cash Flow: $-5.38M
FCF Margin: -8.6%
FCF / Net Income: 2.0

TTM FCF of $-5.38M on $159,000 in operating cash flow. The FCF / Net Income ratio of 2.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.