EVERSPIN TECHNOLOGIES INC (MRAM) Stock Fundamental Analysis
NASDAQ:MRAM • US30041T1043
10.99 USD
-0.08 (-0.72%)
At close: Feb 20, 2026
10.75 USD
-0.24 (-2.18%)
After Hours: 2/20/2026, 8:00:01 PM
We assign a fundamental rating of 4 out of 10 to MRAM. MRAM was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While MRAM has a great health rating, there are worries on its profitability. MRAM has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year MRAM was profitable.
- MRAM had a positive operating cash flow in the past year.
- Of the past 5 years MRAM 4 years were profitable.
- Of the past 5 years MRAM 4 years had a positive operating cash flow.
1.2 Ratios
- MRAM has a Return On Assets (-0.71%) which is comparable to the rest of the industry.
- The Return On Equity of MRAM (-0.86%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.71% | ||
| ROE | -0.86% | ||
| ROIC | N/A |
ROA(3y)8.51%
ROA(5y)2.08%
ROE(3y)11.3%
ROE(5y)0.19%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- In the last couple of years the Profit Margin of MRAM has declined.
- MRAM has a better Gross Margin (51.31%) than 65.49% of its industry peers.
- MRAM's Gross Margin has been stable in the last couple of years.
- The Profit Margin and Operating Margin are not available for MRAM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 51.31% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-41.82%
PM growth 5YN/A
GM growth 3Y-4.74%
GM growth 5Y1.18%
2. Health
2.1 Basic Checks
- MRAM does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, MRAM has more shares outstanding
- MRAM has more shares outstanding than it did 5 years ago.
- There is no outstanding debt for MRAM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 9.30 indicates that MRAM is not in any danger for bankruptcy at the moment.
- MRAM has a Altman-Z score of 9.30. This is in the better half of the industry: MRAM outperforms 69.91% of its industry peers.
- MRAM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.3 |
ROIC/WACCN/A
WACC10.79%
2.3 Liquidity
- MRAM has a Current Ratio of 5.84. This indicates that MRAM is financially healthy and has no problem in meeting its short term obligations.
- MRAM has a Current ratio of 5.84. This is in the better half of the industry: MRAM outperforms 79.65% of its industry peers.
- MRAM has a Quick Ratio of 4.81. This indicates that MRAM is financially healthy and has no problem in meeting its short term obligations.
- MRAM has a better Quick ratio (4.81) than 76.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.84 | ||
| Quick Ratio | 4.81 |
3. Growth
3.1 Past
- MRAM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.14%.
- MRAM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.88% yearly.
- Looking at the last year, MRAM shows a decrease in Revenue. The Revenue has decreased by -0.41% in the last year.
- Measured over the past years, MRAM shows a small growth in Revenue. The Revenue has been growing by 6.09% on average per year.
EPS 1Y (TTM)-35.14%
EPS 3Y-4.88%
EPS 5YN/A
EPS Q2Q%-64.71%
Revenue 1Y (TTM)-0.41%
Revenue growth 3Y-2.96%
Revenue growth 5Y6.09%
Sales Q2Q%16.27%
3.2 Future
- MRAM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.57% yearly.
- The Revenue is expected to grow by 9.40% on average over the next years. This is quite good.
EPS Next Y-29.82%
EPS Next 2Y-2.78%
EPS Next 3Y-8.57%
EPS Next 5YN/A
Revenue Next Year10.47%
Revenue Next 2Y9.93%
Revenue Next 3Y9.4%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 47.78 indicates a quite expensive valuation of MRAM.
- Compared to the rest of the industry, the Price/Earnings ratio of MRAM indicates a somewhat cheap valuation: MRAM is cheaper than 66.37% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.99, MRAM is valued quite expensively.
- The Price/Forward Earnings ratio is 35.56, which means the current valuation is very expensive for MRAM.
- The rest of the industry has a similar Price/Forward Earnings ratio as MRAM.
- When comparing the Price/Forward Earnings ratio of MRAM to the average of the S&P500 Index (28.06), we can say MRAM is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.78 | ||
| Fwd PE | 35.56 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, MRAM is valued a bit cheaper than the industry average as 68.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.7 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- MRAM's earnings are expected to decrease with -8.57% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.78%
EPS Next 3Y-8.57%
5. Dividend
5.1 Amount
- No dividends for MRAM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
10.99
-0.08 (-0.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)03-04 2026-03-04/amc
Inst Owners59.74%
Inst Owner Change9.68%
Ins Owners5.05%
Ins Owner Change-2.02%
Market Cap251.23M
Revenue(TTM)53.64M
Net Income(TTM)-568.00K
Analysts82.5
Price Target13.01 (18.38%)
Short Float %2.97%
Short Ratio0.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.18%
Min EPS beat(2)17.65%
Max EPS beat(2)30.72%
EPS beat(4)4
Avg EPS beat(4)336.68%
Min EPS beat(4)17.65%
Max EPS beat(4)1207.19%
EPS beat(8)8
Avg EPS beat(8)401.03%
EPS beat(12)12
Avg EPS beat(12)293.44%
EPS beat(16)16
Avg EPS beat(16)625.95%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.54%
Max Revenue beat(2)-0.44%
Revenue beat(4)2
Avg Revenue beat(4)1.23%
Min Revenue beat(4)-1.54%
Max Revenue beat(4)3.87%
Revenue beat(8)4
Avg Revenue beat(8)0.67%
Revenue beat(12)8
Avg Revenue beat(12)1.3%
Revenue beat(16)12
Avg Revenue beat(16)1.75%
PT rev (1m)21.43%
PT rev (3m)50%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.55%
EPS NY rev (1m)0%
EPS NY rev (3m)7.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.78 | ||
| Fwd PE | 35.56 | ||
| P/S | 4.68 | ||
| P/FCF | 53.7 | ||
| P/OCF | 22.49 | ||
| P/B | 3.82 | ||
| P/tB | 3.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.23
EY2.09%
EPS(NY)0.31
Fwd EY2.81%
FCF(TTM)0.2
FCFY1.86%
OCF(TTM)0.49
OCFY4.45%
SpS2.35
BVpS2.88
TBVpS2.79
PEG (NY)N/A
PEG (5Y)N/A
Graham Number3.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.71% | ||
| ROE | -0.86% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 51.31% | ||
| FCFM | 8.72% |
ROA(3y)8.51%
ROA(5y)2.08%
ROE(3y)11.3%
ROE(5y)0.19%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-41.82%
PM growth 5YN/A
GM growth 3Y-4.74%
GM growth 5Y1.18%
F-Score3
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 209.73% | ||
| Cap/Sales | 12.1% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.84 | ||
| Quick Ratio | 4.81 | ||
| Altman-Z | 9.3 |
F-Score3
WACC10.79%
ROIC/WACCN/A
Cap/Depr(3y)192.66%
Cap/Depr(5y)132.94%
Cap/Sales(3y)4.31%
Cap/Sales(5y)3.11%
Profit Quality(3y)251.99%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.14%
EPS 3Y-4.88%
EPS 5YN/A
EPS Q2Q%-64.71%
EPS Next Y-29.82%
EPS Next 2Y-2.78%
EPS Next 3Y-8.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.41%
Revenue growth 3Y-2.96%
Revenue growth 5Y6.09%
Sales Q2Q%16.27%
Revenue Next Year10.47%
Revenue Next 2Y9.93%
Revenue Next 3Y9.4%
Revenue Next 5YN/A
EBIT growth 1Y-77.22%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1162.5%
EBIT Next 3Y181.26%
EBIT Next 5YN/A
FCF growth 1Y-66.03%
FCF growth 3Y-21.44%
FCF growth 5YN/A
OCF growth 1Y-31.56%
OCF growth 3Y-8.8%
OCF growth 5YN/A
EVERSPIN TECHNOLOGIES INC / MRAM FAQ
Can you provide the ChartMill fundamental rating for EVERSPIN TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 4 / 10 to MRAM.
What is the valuation status for MRAM stock?
ChartMill assigns a valuation rating of 2 / 10 to EVERSPIN TECHNOLOGIES INC (MRAM). This can be considered as Overvalued.
Can you provide the profitability details for EVERSPIN TECHNOLOGIES INC?
EVERSPIN TECHNOLOGIES INC (MRAM) has a profitability rating of 3 / 10.
Can you provide the financial health for MRAM stock?
The financial health rating of EVERSPIN TECHNOLOGIES INC (MRAM) is 8 / 10.