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EVERSPIN TECHNOLOGIES INC. MRAM

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 2016-10-07 · LEI

EVERSPIN TECHNOLOGIES INC. statistics & valuation

Market cap$510.0M
P / S9.2×
P / B7.4×
P / FCF163.4×
Net margin-1.1%
Return on equity-0.9%
FCF margin5.7%
Net cash$44.4M
Enterprise value USD$465.5M
Earnings yield EBIT/EV-1.4%
Return on capital-9.1%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-61.70% -58.70% -35.90% -39.10% -20.30% 7.90% 10.20% 14.20% 1.50% -1.10% 2016201720182019202020212022202320242025
Gross margin (%)
54.30% 59.80% 51.30% 48.90% 43.00% 60.00% 56.60% 58.40% 51.80% 51.20% 2016201720182019202020212022202320242025
Operating margin (%)
-57.30% -56.20% -35.10% -38.40% -18.00% 9.10% 10.40% 9.20% -14.10% -11.80% 2016201720182019202020212022202320242025
Return on equity (%)
-62.20% -193.90% -71.20% -79.30% -48.90% 15.90% 15.90% 16.80% 1.20% -0.90% 2016201720182019202020212022202320242025
Shares outstanding
12.5M 12.8M 17.1M 18.1M 19.0M 20.0M 20.8M 21.4M 22.2M 23.0M 2016201720182019202020212022202320242025
Net debt ($)
-$25.5M -$4.8M -$16.9M -$7.3M -$10.9M -$19.9M -$40.3M -$44.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-40.30% -67.10% -39.40% -41.50% -26.20% 11.00% 11.10% 13.40% 1.00% -0.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-72.30% -61.10% -33.60% -23.90% -7.70% 15.10% 11.20% 18.40% 8.00% 5.70% 2016201720182019202020212022202320242025
Debt / equity (×)
0.16× 0.75× 0.26× 0.39× 0.22× 0.06× 0.03× 0.00× 2016201720182019202020212022202320242025
EPS ($)
-$0.45 $0.22 $0.29 $0.42 $0.04 -$0.03 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

EVERSPIN TECHNOLOGIES INC. trades at about 426.5× earnings — above its 10-year norm (10-year range 20.3×–153×, median 46.3×).

20.3× 426.5×

Shaded band = 10-year range (20.3×–153×); dot = today's 426.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin51.2%51.8%58.4%56.6%60.0%43.0%48.9%51.3%59.8%54.3%
Operating margin-11.8%-14.1%9.2%10.4%9.1%-18.0%-38.4%-35.1%-56.2%-57.3%
Net margin-1.1%1.5%14.2%10.2%7.9%-20.3%-39.1%-35.9%-58.7%-61.7%
FCF margin5.7%8.0%18.4%11.2%15.1%-7.7%-23.9%-33.6%-61.1%-72.3%
Return on assets-0.7%1.0%13.4%11.1%11.0%-26.2%-41.5%-39.4%-67.1%-40.3%
Return on equity-0.9%1.2%16.8%15.9%15.9%-48.9%-79.3%-71.2%-193.9%-62.2%
Debt / equity0.00×0.03×——0.06×0.22×0.39×0.26×0.75×0.16×
Current ratio4.846.486.594.113.562.753.632.992.223.80

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.