MRAM (Everspin Technologies) Earnings Yield (Joel Greenblatt) %: -1.78% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MRAM Everspin Technologies Inc MRAM
58 GF Score
Price $16.41
GF Value $7.88
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Everspin Technologies Earnings Yield (Joel Greenblatt) %?

Everspin Technologies MRAM +4.60% 58 Earnings Yield (Joel Greenblatt) % is -1.78% as of Jun. 2026. GuruFocus rates MRAM with a GF Score™ of 58/100 and a GF Value™ of $7.88 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,024 Semiconductors companies, Everspin Technologies ranks worse than 79.39% on this metric.

Everspin Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was $545.81 Mil. Everspin Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-9.71 Mil. Everspin Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -1.78%.

The historical rank and industry rank for Everspin Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MRAM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -35.77   Med: -6.69   Max: 10.41
Current: -2.71

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Everspin Technologies was 10.41%. The lowest was -35.77%. And the median was -6.69%.

MRAM's Earnings Yield (Joel Greenblatt) % is ranked worse than
79.39% of 1024 companies
in the Semiconductors industry
Industry Median: 1.34 vs MRAM: -2.71

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Everspin Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Everspin Technologies  (NAS:MRAM) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Everspin Technologies Earnings Yield (Joel Greenblatt) % Related Terms


Everspin Technologies Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Everspin Technologies's Earnings Yield (Joel Greenblatt) % can be seen below:

* 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.

Everspin Technologies Earnings Yield (Joel Greenblatt) % Chart

Everspin Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 6.70 5.71 -6.85 -3.78

Everspin Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.49 -4.11 -3.78 -4.35 -1.78

MRAM vs ALMU, QUIK, GSIT: Earnings Yield (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Everspin Technologies's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Everspin Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Everspin Technologies's Earnings Yield (Joel Greenblatt) % falls into.


MRAM
58GF Score
Everspin Technologies Inc MRAM
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everspin Technologies Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Everspin Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-6.508/172.12284
=-3.78 %

Everspin Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.71 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -1.78% mean?
Everspin Technologies (MRAM) has a Earnings Yield (Joel Greenblatt) % of -1.78% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Everspin Technologies and its competitors. According to the industry distribution chart, Everspin Technologies ranks #813 out of 1024 companies in the Semiconductors industry, placing it in the top 79.4%.
Is Everspin Technologies' Earnings Yield (Joel Greenblatt) % too high?
Everspin Technologies' current Earnings Yield (Joel Greenblatt) % is -1.78%. Based on the distribution chart, Everspin Technologies ranks #813 out of 1024 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Everspin Technologies has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Everspin Technologies' Earnings Yield (Joel Greenblatt) % compare to ALMU and QUIK?
According to the Semiconductors industry distribution chart, Everspin Technologies ranks #813 out of 1024 companies for Earnings Yield (Joel Greenblatt) %. This places Everspin Technologies in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.34, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Everspin Technologies and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspin Technologies's current Earnings Yield (Joel Greenblatt) % is -1.78%. 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 (MRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.88, compared to a current price of $16.41 — trading 108.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -1.78%. Everspin Technologies' overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Everspin Technologies (MRAM), the current Earnings Yield (Joel Greenblatt) % is -1.78% as of Jun. 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 (MRAM) Overvalued in 2026?

Based on GuruFocus' analysis, Everspin Technologies stock appears to be overvalued. The current stock price of $16.41 is trading 108.3% above its estimated GF Value™ of $7.88. GuruFocus considers Everspin Technologies to be Significantly Overvalued.

Key valuation signals for MRAM:

  • Earnings Yield (Joel Greenblatt) %: -1.78%
  • GF Value™: $7.88 vs. price of $16.41 (108.3% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the MRAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everspin Technologies Business Description

Other Exchanges 0IJ3:UKE5N:Germany
Address 5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
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.
58GF Score

Get the complete analysis for MRAM

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.41
Price
$7.88
GF Value