Loading...

Everspin Technologies

Nasdaq:MRAM
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MRAM
Nasdaq
$112M
Market Cap
  1. Home
  2. US
  3. Semiconductors
Company description

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States, Japan, China, Germany, Singapore, and internationally. The last earnings update was 69 days ago. More info.


Add to Portfolio Compare Print
  • Everspin Technologies has significant price volatility in the past 3 months.
MRAM Share Price and Events
7 Day Returns
12.5%
NasdaqGM:MRAM
4.3%
US Semiconductor
1.1%
US Market
1 Year Returns
-30.8%
NasdaqGM:MRAM
4.1%
US Semiconductor
4.7%
US Market
MRAM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Everspin Technologies (MRAM) 12.5% -11.5% -29.1% -30.8% - -
US Semiconductor 4.3% 11.2% -3.2% 4.1% 77.7% 91.6%
US Market 1.1% 4.3% 2.9% 4.7% 37.7% 43.6%
1 Year Return vs Industry and Market
  • MRAM underperformed the Semiconductor industry which returned 4.1% over the past year.
  • MRAM underperformed the Market in United States of America which returned 4.7% over the past year.
Price Volatility
MRAM
Industry
5yr Volatility vs Market

MRAM Value

 Is Everspin Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Everspin Technologies. This is due to cash flow or dividend data being unavailable. The share price is $6.55.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Everspin Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Everspin Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:MRAM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-1.22
NasdaqGM:MRAM Share Price ** NasdaqGM (2019-07-16) in USD $6.55
United States of America Semiconductor Industry PE Ratio Median Figure of 68 Publicly-Listed Semiconductor Companies 22.84x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Everspin Technologies.

NasdaqGM:MRAM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:MRAM Share Price ÷ EPS (both in USD)

= 6.55 ÷ -1.22

-5.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Everspin Technologies is loss making, we can't compare its value to the US Semiconductor industry average.
  • Everspin Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Everspin Technologies's expected growth come at a high price?
Raw Data
NasdaqGM:MRAM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
43.7%per year
United States of America Semiconductor Industry PEG Ratio Median Figure of 63 Publicly-Listed Semiconductor Companies 1.07x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Everspin Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Everspin Technologies's assets?
Raw Data
NasdaqGM:MRAM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1.25
NasdaqGM:MRAM Share Price * NasdaqGM (2019-07-16) in USD $6.55
United States of America Semiconductor Industry PB Ratio Median Figure of 107 Publicly-Listed Semiconductor Companies 2.66x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
NasdaqGM:MRAM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:MRAM Share Price ÷ Book Value per Share (both in USD)

= 6.55 ÷ 1.25

5.24x

* Primary Listing of Everspin Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Everspin Technologies is overvalued based on assets compared to the US Semiconductor industry average.
X
Value checks
We assess Everspin Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Semiconductor industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Semiconductor industry average (and greater than 0)? (1 check)
  5. Everspin Technologies has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MRAM Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Everspin Technologies expected to grow at an attractive rate?
  • Unable to compare Everspin Technologies's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Everspin Technologies's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Everspin Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:MRAM Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:MRAM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 43.7%
NasdaqGM:MRAM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 25.6%
United States of America Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
United States of America Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:MRAM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:MRAM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 59 -9 3
2019-12-31 39 -18 3
NasdaqGM:MRAM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 45 -14 -21
2018-12-31 49 -15 -18
2018-09-30 47 -11 -19
2018-06-30 45 -12 -18
2018-03-31 43 -19 -16
2017-12-31 36 -19 -21
2017-09-30 33 -26 -22
2017-06-30 31 -25 -18
2017-03-31 29 -20 -18
2016-12-31 27 -19 -17
2016-09-30 27 -9 -18
2016-06-30 27 -9 -21

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Everspin Technologies is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Everspin Technologies's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:MRAM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Everspin Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:MRAM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.49 -0.40 -0.66 3.00
2019-12-31 -1.01 -0.97 -1.06 3.00
NasdaqGM:MRAM Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -1.22
2018-12-31 -1.08
2018-09-30 -1.22
2018-06-30 -1.30
2018-03-31 -1.24
2017-12-31 -1.69
2017-09-30 -1.82
2017-06-30 -1.87
2017-03-31 -2.54
2016-12-31 -3.53
2016-09-30 -6.84
2016-06-30 -8.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Everspin Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Everspin Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Everspin Technologies has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MRAM Past Performance

  How has Everspin Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Everspin Technologies's growth in the last year to its industry (Semiconductor).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Everspin Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Everspin Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Everspin Technologies's 1-year growth to the US Semiconductor industry average as it is not currently profitable.
Earnings and Revenue History
Everspin Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Everspin Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:MRAM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 44.59 -20.73 19.39 20.16
2018-12-31 49.42 -17.75 19.02 22.64
2018-09-30 47.26 -18.66 18.38 25.41
2018-06-30 44.75 -18.47 18.03 25.87
2018-03-31 42.91 -16.29 17.14 25.53
2017-12-31 35.94 -21.10 16.26 25.44
2017-09-30 32.88 -22.03 15.63 24.13
2017-06-30 31.03 -18.03 13.86 20.82
2017-03-31 28.77 -18.25 12.15 20.49
2016-12-31 27.09 -16.71 10.99 19.23
2016-09-30 26.83 -17.65 9.89 20.75
2016-06-30 26.76 -20.72 10.34 22.72
2016-03-31 26.45 -18.57 10.67 20.62
2015-12-31 26.55 -18.18 10.39 21.13
2014-12-31 24.90 -10.18 10.34 12.66

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Everspin Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Everspin Technologies has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Everspin Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Everspin Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Semiconductor industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Everspin Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MRAM Health

 How is Everspin Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Everspin Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Everspin Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Everspin Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Everspin Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Everspin Technologies Company Filings, last reported 3 months ago.

NasdaqGM:MRAM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 21.38 11.05 18.52
2018-12-31 24.92 12.47 23.38
2018-09-30 27.61 12.38 31.44
2018-06-30 30.98 11.33 32.73
2018-03-31 36.69 12.26 33.88
2017-12-31 10.88 12.13 12.95
2017-09-30 14.11 12.06 17.84
2017-06-30 18.01 11.99 21.18
2017-03-31 21.48 7.43 24.49
2016-12-31 26.87 8.10 29.73
2016-09-30 -15.46 17.22 2.00
2016-06-30 -13.65 13.80 2.64
2016-03-31 -9.21 13.79 6.04
2015-12-31 -5.35 7.71 2.31
2014-12-31 10.36 2.87 9.62
  • Everspin Technologies's level of debt (51.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Everspin Technologies's debt level has increased without past 5-year debt data.
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.

  • Everspin Technologies has sufficient cash runway for 1.2 years based on current free cash flow.
  • Everspin Technologies has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 6.4% each year.
X
Financial health checks
We assess Everspin Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Everspin Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MRAM Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Everspin Technologies dividends.
If you bought $2,000 of Everspin Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Everspin Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Everspin Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:MRAM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:MRAM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Everspin Technologies has not reported any payouts.
  • Unable to verify if Everspin Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Everspin Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Everspin Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Everspin Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Everspin Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Everspin Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MRAM Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kevin Conley
COMPENSATION $1,190,426
AGE 62
TENURE AS CEO 1.8 years
CEO Bio

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 June 2016 and as its Chief Technology Officer until June 2016. Mr. Conley served as General Manager of Client Storage Solutions at SanDisk LLC since January 2011. He served as Senior Vice President of Solid State Drives since January 2011. He served as Vice President of Engineering at Corsair from 2009 to 2010. Mr. Conley worked for SanDisk from 1993 to 2009, holding positions as Vice President of Research and Development for Audio/Video Products, Senior Director of Product System Engineering and Director of System Engineering and Product Development. Prior to joining SanDisk, he worked as an Engineer and Engineering Manager in the hard disk drive industry. Mr. Conley is listed as the Inventor or Co-Inventor on 50 patents in the area of non-volatile memory architecture and management. He has been a Director of Everspin Technologies, Inc. since March 24, 2017. Mr. Conley currently serves as an advisor and consultant with Seven Rocks LLC, which he founded as a partner in June 2016. Mr. Conley earned his Bachelor’s of science degree in electrical engineering and masters of science degree in computer engineering from Santa Clara University.

CEO Compensation
  • Kevin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kevin's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Everspin Technologies management team in years:

1.8
Average Tenure
61
Average Age
  • The average tenure for the Everspin Technologies management team is less than 2 years, this suggests a new team.
Management Team

Kevin Conley

TITLE
CEO, President & Director
COMPENSATION
$1M
AGE
62
TENURE
1.8 yrs

Jeff Winzeler

TITLE
CFO & Secretary
COMPENSATION
$630K
AGE
59
TENURE
4.3 yrs

Angelo Ugge

TITLE
Vice President of Business Development & Operations
AGE
72
TENURE
3.8 yrs

Norm Armour

TITLE
Vice President of Operations
AGE
61
TENURE
1.7 yrs

Sanjeev Aggarwal

TITLE
Vice President of Technology R&D
AGE
52

Rizwan Ahmed

TITLE
Vice President of Marketing
TENURE
0.5 yrs

Troy Winslow

TITLE
Vice President of Global Sales
AGE
51
TENURE
0.3 yrs

Jim Everett

TITLE
Vice President of Human Resources
TENURE
1.3 yrs

Terry Hulett

TITLE
Vice President of Storage Solutions
COMPENSATION
$282K
AGE
61
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the Everspin Technologies board of directors in years:

3.2
Average Tenure
60
Average Age
  • The tenure for the Everspin Technologies board of directors is about average.
Board of Directors

Darin Billerbeck

TITLE
Chairman
COMPENSATION
$150K
AGE
59
TENURE
0.3 yrs

Kevin Conley

TITLE
CEO, President & Director
COMPENSATION
$1M
AGE
62
TENURE
2.3 yrs

Ron Foster

TITLE
Director
COMPENSATION
$138K
AGE
68
TENURE
3.2 yrs

Mike Gustafson

TITLE
Director
COMPENSATION
$123K
AGE
52
TENURE
2.3 yrs

Geoff Tate

TITLE
Independent Director
COMPENSATION
$123K
AGE
65
TENURE
9.9 yrs

Larry Finch

TITLE
Director
COMPENSATION
$123K
AGE
84
TENURE
11.1 yrs

Peter Hébert

TITLE
Director
COMPENSATION
$123K
AGE
41
TENURE
11.1 yrs

Steve Socolof

TITLE
Director
COMPENSATION
$123K
AGE
59
TENURE
11.1 yrs

Geoff Ribar

TITLE
Director
COMPENSATION
$116K
AGE
60
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
28. Mar 19 Sell Jeffrey Winzeler Individual 13. Mar 19 13. Mar 19 -819 $8.45 $-6,921
28. Mar 19 Sell Sanjeev Aggarwal Individual 13. Mar 19 13. Mar 19 -207 $8.45 $-1,749
28. Mar 19 Sell Thomas Andre Individual 13. Mar 19 13. Mar 19 -190 $8.45 $-1,606
28. Mar 19 Sell Angelo Ugge Individual 13. Mar 19 13. Mar 19 -105 $8.45 $-887
13. Feb 19 Sell Sanjeev Aggarwal Individual 01. Oct 18 01. Oct 18 -269 $7.58 $-2,039
13. Feb 19 Sell Thomas Andre Individual 01. Oct 18 01. Oct 18 -182 $7.58 $-1,380
X
Management checks
We assess Everspin Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Everspin Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MRAM News

Simply Wall St News

Here's Why Everspin Technologies (NASDAQ:MRAM) Might Be Better Off Without Debt

NasdaqGM:MRAM Historical Debt, July 11th 2019 How Healthy Is Everspin Technologies's Balance Sheet? … Zooming in on the latest balance sheet data, we can see that Everspin Technologies had liabilities of US$13.6m due within 12 months and liabilities of US$7.19m due beyond that. … This surplus suggests that Everspin Technologies has a conservative balance sheet, and could probably eliminate its debt without much difficulty.

Simply Wall St -

Do Insiders Own Lots Of Shares In Everspin Technologies, Inc. (NASDAQ:MRAM)?

Check out our latest analysis for Everspin Technologies NasdaqGM:MRAM Ownership Summary, May 28th 2019 What Does The Institutional Ownership Tell Us About Everspin Technologies? … Insider Ownership Of Everspin Technologies While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. … Private Company Ownership It seems that Private Companies own 3.8%, of the MRAM stock.

Simply Wall St -

Introducing Everspin Technologies (NASDAQ:MRAM), A Stock That Climbed 21% In The Last Year

Given that Everspin Technologies didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Everspin Technologies grew its revenue by 38% last year. … If the company can maintain the revenue growth, the share price could go higher still.

Simply Wall St -

How Financially Strong Is Everspin Technologies, Inc. (NASDAQ:MRAM)?

(NASDAQ:MRAM) is a small-cap stock with a market capitalization of US$113m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Semiconductor companies,

Simply Wall St -

October Insights Into Tech Stocks: Everspin Technologies Inc (NASDAQ:MRAM)

In the past decade, the mega-tech companies, such as Amazon and Microsoft, have built highly successful and ubiquitous platforms and ecosystem in which smaller companies gravitate towards … Other hardware and software tech service firms, including many that dominated before 2000, are struggling to compete, and are going through significant restructuring in order to move away from their legacy systems … Tech analysts are forecasting for the entire hardware tech industry,

Simply Wall St -

Is Everspin Technologies Inc (NASDAQ:MRAM) A Financially Sound Company?

Everspin Technologies Inc (NASDAQ:MRAM) is a small-cap stock with a market capitalization of US$150.56m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Did Everspin Technologies Inc's (NASDAQ:MRAM) Recent Earnings Growth Beat The Trend?

Examining Everspin Technologies Inc's (NASDAQ:MRAM) past track record of performance is an insightful exercise for investors. … Today I will assess MRAM's latest performance announced on 31 March 2018 and compare these figures to its longer term trend and industry movements. … MRAM is loss-making, with the most recent trailing twelve-month earnings of -US$16.29m (from 31 March 2018), which compared to last year has become.

Simply Wall St -

Is Everspin Technologies Inc (NASDAQ:MRAM) A Financially Sound Company?

How does MRAM’s operating cash flow stack up against its debt? … At this current level of debt, MRAM's cash and short-term investments stands at US$29.73M for investing into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, MRAM has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

Interested In Everspin Technologies Inc (NASDAQ:MRAM)? Here's How It Performed Recently

When Everspin Technologies Inc (NASDAQ:MRAM) released its most recent earnings update (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … NasdaqGM:MRAM Income Statement Mar 13th 18 We can further analyze Everspin Technologies's loss by looking at what the industry has been experiencing over the past few years. … This suggests that any uplift the industry is benefiting from, Everspin Technologies has not been able to leverage it as much as its industry peers.What does this mean?

Simply Wall St -

What does Everspin Technologies Inc's (MRAM) Balance Sheet Tell Us Abouts Its Future?

NasdaqGM:MRAM Historical Debt Dec 1st 17 Is MRAM’s level of debt at an acceptable level? … At its current level of cash flow coverage, MRAM has room for improvement to better cushion for events which may require debt repayment. … MRAM’s high debt levels is not met with high cash flow coverage.

Simply Wall St -

MRAM Company Info

Description

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 Toggle MRAM, spin-transfer torque MRAM, and embedded MRAM products, as well as magnetic sensors and aerospace and satellite electronic systems. The company provides its products for applications, including data center, industrial, automotive, transportation, and enterprise storage markets. It serves customers 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.

Details
Name: Everspin Technologies, Inc.
MRAM
Exchange: NasdaqGM
Founded: 2008
$112,213,159
17,131,780
Website: http://www.everspin.com
Address: Everspin Technologies, Inc.
5670 West Chandler Boulevard,
Suite 100,
Chandler,
Arizona, 85226,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM MRAM Common Stock Nasdaq Global Market US USD 07. Oct 2016
DB E5N Common Stock Deutsche Boerse AG DE EUR 07. Oct 2016
LSE 0IJ3 Common Stock London Stock Exchange GB USD 07. Oct 2016
Number of employees
Current staff
Staff numbers
95
Everspin Technologies employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 00:55
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/01
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.