Everspin Technologies (NASDAQ:MRAM) vs. Nordic Semiconductor ASA (OTCMKTS:NDCVF) Critical Analysis

Everspin Technologies (NASDAQ:MRAM) and Nordic Semiconductor ASA (OTCMKTS:NDCVF) are both business services companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, risk, dividends, valuation and profitability.

Valuation and Earnings

This table compares Everspin Technologies and Nordic Semiconductor ASA’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Everspin Technologies	$63.76 million	2.64	$9.05 million	$0.42	18.86
Nordic Semiconductor ASA	N/A	N/A	N/A	$0.09	82.98

Everspin Technologies has higher revenue and earnings than Nordic Semiconductor ASA. Everspin Technologies is trading at a lower price-to-earnings ratio than Nordic Semiconductor ASA, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent ratings and target prices for Everspin Technologies and Nordic Semiconductor ASA, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Everspin Technologies	0	0	1	0	3.00
Nordic Semiconductor ASA	2	2	2	0	2.00

Everspin Technologies presently has a consensus price target of $12.00, indicating a potential upside of 51.52%. Given Everspin Technologies’ stronger consensus rating and higher probable upside, analysts clearly believe Everspin Technologies is more favorable than Nordic Semiconductor ASA.

Institutional & Insider Ownership

44.7% of Everspin Technologies shares are owned by institutional investors. Comparatively, 23.9% of Nordic Semiconductor ASA shares are owned by institutional investors. 5.0% of Everspin Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Everspin Technologies and Nordic Semiconductor ASA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Everspin Technologies	14.20%	18.96%	15.09%
Nordic Semiconductor ASA	N/A	N/A	N/A

Summary

Everspin Technologies beats Nordic Semiconductor ASA on 9 of the 11 factors compared between the two stocks.

About Everspin Technologies

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.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia/Pacific. The company offers bluetooth and multiprotocol Systems-on-Chip (SoCs) that provides short-range connectivity; and Systems-in-Package (SiPs), which offers connectivity on long-range LTE-M and NB-IoT cellular networks. It also provides nRF9160 SiP low power cellular IoT device, nRF Cloud solution, nRF Connect software development kit, and third-party cellular modules; DECT NR+, a non-cellular radio standard; nRF7002 Wi-Fi companion ICs; and nRF52840 and nRF5340 multiprotocol SoCs. In addition, the company offers Bluetooth mesh; Bluetooth direction finding solution; Bluetooth Low Energy SoCs; Bluetooth LE audio products; Matter, a Connected Home over IP solution; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; pre-certified development modules and modems; and range extenders. Further, it provides built-in power management on SoCs and dedicated power management ICs comprising nPM1100 PMIC, nPM1300 PMIC, nPM6001 PMIC, nPM1100 EK, and Power Profiler Kit II; Device-to-nRF Cloud and Cloud-to-nRF Cloud solutions; and application specific integrated circuits and related consulting services. The company's products are used in various applications, such as automotive, beacon, computer peripherals, connected health, connected home, education, industrial automation, LED lighting, logistics and transport, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, and wearables. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.