DB:E5N

Stock Analysis Report

Everspin Technologies

Executive Summary

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States, Japan, China, Germany, Singapore, and internationally.

Snowflake

Fundamentals

Imperfect balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has Everspin Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.3%

E5N

-2.4%

DE Semiconductor

1.4%

DE Market


1 Year Return

-20.3%

E5N

-0.8%

DE Semiconductor

3.8%

DE Market

Return vs Industry: E5N underperformed the German Semiconductor industry which returned -0.8% over the past year.

Return vs Market: E5N underperformed the German Market which returned 3.8% over the past year.


Shareholder returns

E5NIndustryMarket
7 Day-4.3%-2.4%1.4%
30 Day-17.8%-5.1%1.3%
90 Day-18.2%-1.0%3.1%
1 Year-20.3%-20.3%0.9%-0.8%7.0%3.8%
3 Year-18.9%-18.9%14.4%10.7%18.5%8.3%
5 Yearn/a98.9%88.8%42.2%22.9%

Price Volatility Vs. Market

How volatile is Everspin Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Everspin Technologies undervalued compared to its fair value and its price relative to the market?

5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate E5N's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate E5N's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: E5N is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: E5N is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate E5N's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: E5N is overvalued based on its PB Ratio (5x) compared to the DE Semiconductor industry average (2.3x).


Next Steps

Future Growth

How is Everspin Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

57.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: E5N is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: E5N is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: E5N is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: E5N's revenue (18.5% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: E5N's revenue (18.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if E5N's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Everspin Technologies performed over the past 5 years?

-4.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: E5N is unprofitable, and losses have increased over the past 5 years at a rate of -4.8% per year.

Accelerating Growth: Unable to compare E5N's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: E5N is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (20.6%).


Return on Equity

High ROE: E5N has a negative Return on Equity (-91.35%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: E5N is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: E5N is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Everspin Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: E5N's short term assets ($30.6M) exceeds its short term liabilities ($13.5M)

Long Term Liabilities: E5N's short term assets (30.6M) exceeds its long term liabilities (5.4M)


Debt to Equity History and Analysis

Debt Level: E5N's debt to equity ratio (51.6%) is considered high

Reducing Debt: Insufficient data to determine if E5N's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: E5N has a high level of physical assets or inventory.

Debt Coverage by Assets: E5N's debt is covered by short term assets (assets are 3.180060x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: E5N has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: E5N has less than a year of cash runway if free cash flow continues to reduce at historical rates of -0.3% each year


Next Steps

Dividend

What is Everspin Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate E5N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate E5N's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if E5N's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if E5N's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of E5N's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Everspin Technologies's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Kevin Conley (62yo)

2.1yrs

Tenure

US$1,190,426

Compensation

Mr. Kevin Conley has been the Chief Executive Officer and President of Everspin Technologies, Inc. since September 1, 2017. Mr. Conley served as Senior Vice President at SanDisk LLC from January 2011 to Ju ...


CEO Compensation Analysis

Compensation vs. Market: Kevin has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the German market.

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.0yrs

Average Tenure

61yo

Average Age

Experienced Management: E5N's management team is considered experienced (2 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

60yo

Average Age

Experienced Board: E5N's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$6,12228 Mar 19
Jeffrey Winzeler
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares819
Max PriceUS$7.47
SellUS$1,54728 Mar 19
Sanjeev Aggarwal
EntityIndividual
Role
Chief Technology Officer
Vice President of Technology R&D
Shares207
Max PriceUS$7.47
SellUS$78528 Mar 19
Angelo Ugge
EntityIndividual
Role
Co-Chief Operating Officer
Vice President of Business Development & Operations
Shares105
Max PriceUS$7.47
SellUS$1,42028 Mar 19
Thomas Andre
EntityIndividual
Shares190
Max PriceUS$7.47

Ownership Breakdown


Management Team

  • Angelo Ugge (72yo)

    Vice President of Business Development & Operations

    • Tenure: 4yrs
  • Terry Hulett (61yo)

    Vice President of Storage Solutions

    • Tenure: 6yrs
    • Compensation: US$282.21k
  • Jim Everett

    Vice President of Human Resources

    • Tenure: 1.6yrs
  • Norm Armour (61yo)

    Vice President of Operations

    • Tenure: 1.9yrs
  • Jeff Winzeler (59yo)

    CFO & Secretary

    • Tenure: 4.5yrs
    • Compensation: US$630.22k
  • Sanjeev Aggarwal (52yo)

    Vice President of Technology R&D

    • Tenure: 0yrs
  • Kevin Conley (62yo)

    CEO, President & Director

    • Tenure: 2.1yrs
    • Compensation: US$1.19m
  • Rizwan Ahmed

    Vice President of Marketing

    • Tenure: 0.8yrs
  • Troy Winslow (51yo)

    Vice President of Global Sales

    • Tenure: 0.6yrs

Board Members

  • Larry Finch (84yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$123.24k
  • Geoff Tate (65yo)

    Independent Director

    • Tenure: 10.2yrs
    • Compensation: US$123.24k
  • Geoff Ribar (60yo)

    Independent Director

    • Tenure: 0.8yrs
    • Compensation: US$115.92k
  • Mike Gustafson (52yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: US$123.24k
  • Steve Socolof (59yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$123.24k
  • Peter Hébert (41yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$123.24k
  • Ron Foster (68yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$138.24k
  • Darin Billerbeck (59yo)

    Independent Chairman

    • Tenure: 0.6yrs
    • Compensation: US$150.19k
  • Kevin Conley (62yo)

    CEO, President & Director

    • Tenure: 2.1yrs
    • Compensation: US$1.19m

Company Information

Everspin Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Everspin Technologies, Inc.
  • Ticker: E5N
  • Exchange: DB
  • Founded: 2008
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$93.304m
  • Listing Market Cap: US$83.759m
  • Shares outstanding: 17.15m
  • Website: https://www.everspin.com

Number of Employees


Location

  • Everspin Technologies, Inc.
  • 5670 West Chandler Boulevard
  • Suite 100
  • Chandler
  • Arizona
  • 85226
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRAMNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDOct 2016
E5NDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2016
0IJ3LSE (London Stock Exchange)YesCommon StockGBUSDOct 2016

Biography

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States, Japan, China, Germany, Singapore, and internationally. It offers  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 22:04
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.