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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-07), Everspin Technologies's Beta is 0.6124.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductors subindustry, Everspin Technologies's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Everspin Technologies Beta vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Everspin Technologies's Beta distribution charts can be found below:
* The bar in red indicates where Everspin Technologies's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
Everspin Technologies (LTS:0IJ3) has a Beta of 0.6124 as of Aug. 07, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Everspin Technologies and its competitors.
Is Everspin Technologies' Beta too high?
Everspin Technologies' current Beta is 0.6124. Overall, Everspin Technologies has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Everspin Technologies' Beta compare to ALMU and QUIK?
Everspin Technologies' Beta of 0.6124 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Semiconductors company?
A good Beta depends on the Semiconductors industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Everspin Technologies and its competitors. Everspin Technologies's current Beta is 0.6124. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Everspin Technologies (LTS:0IJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.97, compared to a current price of $15.86 — trading 99% above its estimated fair value. The current Beta is 0.6124. Everspin Technologies' overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Everspin Technologies (LTS:0IJ3), the current Beta is 0.6124 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Everspin Technologies (LTS:0IJ3) Overvalued in 2026?
Based on GuruFocus' analysis, Everspin Technologies stock appears to be overvalued.
The current stock price of $15.86 is trading 99% above its estimated GF Value™ of $7.97.
GuruFocus considers Everspin Technologies to be Significantly Overvalued.
Key valuation signals for LTS:0IJ3:
Beta: 0.6124
GF Value™: $7.97 vs. price of $15.86 (99% above fair value)
No single metric tells the full story. See the LTS:0IJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everspin Technologies Inc is a manufacturer of Magnetoresistive Random Access Memory (MRAM) technology. The company manufactures MRAM products using both captive and third-party manufacturing capabilities. It purchases industry-standard complementary metal-oxide semiconductor (CMOS) wafers from semiconductor foundries and perform back end of line (BEOL) processing that includes magnetic-bit technology at leased 200mm fabrication facility in Chandler, Arizona. It also manufactures full-flow 300mm CMOS wafers with STT-MRAM magnetic-bit technology integrated in BEOL. The company's customers are in key markets, such as industrial, medical, automotive/transportation, aerospace, and data center.
55GF Score
Get the complete analysis for LTS:0IJ3
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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