Everspin Technologies P/S 2024

Everspin Technologies P/S

2.32

Everspin Technologies Dividend yield

Ticker

MRAM

ISIN

US30041T1043

WKN

A2AS0X

As of Jun 4, 2024, Everspin Technologies's P/S ratio stood at 2.32, a -20.27% change from the 2.91 P/S ratio recorded in the previous year.

The Everspin Technologies P/S history

Everspin Technologies Aktienanalyse

What does Everspin Technologies do?

Everspin Technologies Inc was founded in 2008 and has since become a leading provider of MRAM (Magnetoresistive Random Access Memory) solutions. The company is headquartered in Chandler, Arizona, USA, and operates offices and production facilities in Asia and Europe. Everspin was founded by a team of experts in the field of non-volatile storage and has undergone successful development in recent years. The company specializes in the production of memory chips that offer higher storage and read speeds, as well as greater reliability compared to traditional storage technologies such as NAND flash or DRAM. This is a significant advantage for businesses, as it enables real-time data processing in the cloud and faster startup times for operating systems. Everspin Technologies is capable of producing chips with capacities of up to 1 megabit. The company currently offers four different product lines: the 1Mb ST-MRAM chip, which is available in various versions and features a high write endurance of up to 15 years. The "Spin Transfer Torque MRAM", developed in collaboration with IBM, is another product line offered by Everspin, providing high endurance, low latency, and high write speeds. With the "Gigabit-RAM," Everspin also offers a high-performance solution with a storage capacity of up to 1 gigabit. In addition, Everspin has also developed a series of sensors and actuators that integrate MRAM technology. These products are tailored to the needs of businesses using applications in the IoT sector and requiring a high level of reliability. Everspin Technologies not only specializes in hardware sales but also offers customized consulting services. The company works closely with businesses to provide individual solutions tailored to specific requirements. Additionally, Everspin supports the integration of MRAM into existing systems. Everspin Technologies' business model is based on companies being willing to pay higher prices for memory chips that offer an advantage over traditional storage technologies. Everspin's customer base consists of companies operating in the automotive, aerospace, business, and consumer electronics sectors. The company has established partnerships with leading companies in these industries, including Bosch, GlobalFoundries, and Toshiba. Everspin Technologies has experienced impressive growth in recent years. In 2020, the company achieved revenue of over $46 million from the sale of MRAM chips, representing a 27% increase compared to the previous year. Everspin continues to expand its presence in the global market and grow its customer base. Overall, Everspin Technologies has established itself as an innovative market leader in the field of MRAM technology through its focused specialization. The company offers a wide range of products and customized solutions that meet the needs of its customers in various industries. Everspin Technologies is well positioned to continue its success and remain a key player in the global storage technology market. Everspin Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Everspin Technologies's P/S Ratio

Everspin Technologies's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Everspin Technologies's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Everspin Technologies's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Everspin Technologies’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Everspin Technologies Stock

What is the price-to-earnings ratio of Everspin Technologies?

The price-earnings ratio of Everspin Technologies is currently 2.32.

How has the price-earnings ratio of Everspin Technologies changed compared to last year?

The price-to-earnings ratio of Everspin Technologies has increased by -20.27% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Everspin Technologies high compared to other companies?

Yes, the price-to-earnings ratio of Everspin Technologies is high compared to other companies.

How does an increase in the price-earnings ratio of Everspin Technologies affect the company?

An increase in the price-earnings ratio of Everspin Technologies would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Everspin Technologies affect the company?

A decrease in the price-earnings ratio of Everspin Technologies would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Everspin Technologies?

Some factors that influence the price-earnings ratio of Everspin Technologies are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Everspin Technologies pay?

Over the past 12 months, Everspin Technologies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Everspin Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of Everspin Technologies?

The current dividend yield of Everspin Technologies is .

When does Everspin Technologies pay dividends?

Everspin Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Everspin Technologies?

Everspin Technologies paid dividends every year for the past 0 years.

What is the dividend of Everspin Technologies?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Everspin Technologies located?

Everspin Technologies is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Everspin Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Everspin Technologies from 6/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.

When did Everspin Technologies pay the last dividend?

The last dividend was paid out on 6/4/2024.

What was the dividend of Everspin Technologies in the year 2023?

In the year 2023, Everspin Technologies distributed 0 USD as dividends.

In which currency does Everspin Technologies pay out the dividend?

The dividends of Everspin Technologies are distributed in USD.

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Andere Kennzahlen von Everspin Technologies

Our stock analysis for Everspin Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Everspin Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.