Everspin Return On Equity from 2010 to 2024

MRAM Stock  USD 6.10  0.01  0.16%   
Everspin Technologies Return On Equity yearly trend continues to be very stable with very little volatility. Return On Equity is likely to grow to 0.18 this year. Return On Equity is a measure of the profitability of Everspin Technologies in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.16787522
Current Value
0.18
Quarterly Volatility
1.14440627
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Everspin Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Everspin Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 59.9 K or Selling General Administrative of 11.6 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0 or PTB Ratio of 2.8. Everspin financial statements analysis is a perfect complement when working with Everspin Technologies Valuation or Volatility modules.
  
Check out the analysis of Everspin Technologies Correlation against competitors.
To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.

Latest Everspin Technologies' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Everspin Technologies over the last few years. Return on Equity is the amount of Everspin Technologies net income returned as a percentage of Everspin Technologies equity. Return on equity measures Everspin Technologies profitability by revealing how much profit Everspin Technologies generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Everspin Technologies' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Everspin Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.02810 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Everspin Return On Equity Regression Statistics

Arithmetic Mean(0.39)
Geometric Mean0.62
Coefficient Of Variation(296.41)
Mean Deviation0.77
Median(0.71)
Standard Deviation1.14
Sample Variance1.31
Range5.0801
R-Value0.27
Mean Square Error1.31
R-Squared0.07
Significance0.34
Slope0.07
Total Sum of Squares18.34

Everspin Return On Equity History

2024 0.18
2023 0.17
2021 0.16
2020 -0.49
2019 -0.86
2018 -0.71
2017 -1.94

About Everspin Technologies Financial Statements

Everspin Technologies investors utilize fundamental indicators, such as Return On Equity, to predict how Everspin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.17  0.18 

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When determining whether Everspin Technologies is a strong investment it is important to analyze Everspin Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Everspin Technologies' future performance. For an informed investment choice regarding Everspin Stock, refer to the following important reports:
Check out the analysis of Everspin Technologies Correlation against competitors.
To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Everspin Technologies. If investors know Everspin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Everspin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
0.07
Revenue Per Share
2.516
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.04)
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.