Everspin Tech (MRAM) vs. Its Peers Critical Survey

Everspin Tech (NASDAQ:MRAM) is one of 221 public companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it compare to its rivals? We will compare Everspin Tech to related businesses based on the strength of its valuation, analyst recommendations, earnings, risk, profitability, institutional ownership and dividends.

Earnings and Valuation

This table compares Everspin Tech and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Everspin Tech	$55.20 million	-$590,000.00	-29.35
Everspin Tech Competitors	$9.77 billion	$2.53 billion	8.34

Everspin Tech’s rivals have higher revenue and earnings than Everspin Tech. Everspin Tech is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Everspin Tech has a beta of 2.04, suggesting that its share price is 104% more volatile than the S&P 500. Comparatively, Everspin Tech’s rivals have a beta of 2.80, suggesting that their average share price is 180% more volatile than the S&P 500.

Institutional & Insider Ownership

44.7% of Everspin Tech shares are held by institutional investors. Comparatively, 54.8% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by institutional investors. 6.3% of Everspin Tech shares are held by insiders. Comparatively, 11.5% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Everspin Tech and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Everspin Tech	1	0	2	0	2.33
Everspin Tech Competitors	3505	12358	25781	999	2.57

Everspin Tech currently has a consensus target price of $22.00, suggesting a potential upside of 87.39%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 54.25%. Given Everspin Tech’s higher possible upside, analysts clearly believe Everspin Tech is more favorable than its rivals.

Profitability

This table compares Everspin Tech and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Everspin Tech	-14.28%	9.67%	7.98%
Everspin Tech Competitors	-1,267.00%	-126.31%	-3.96%

Summary

Everspin Tech rivals beat Everspin Tech on 7 of the 13 factors compared.

About Everspin Tech

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, 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. 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.