Loading institutional data...
Loading institutional data...
Institutional ownership roughly stable: +0.36% change quarter-over-quarter.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $14.81 today, the market must believe free cash flow compounds 19.4%/yr for a decade (off $6M normalized FCF).
The market's 19.4% is more optimistic than its 4-yr track record.
2-stage DCF · 0.02B shares · net debt -$43M
mean -8.3% · volatility σ 59% · implied rate exceeded in 1/4 yrs
Central path = implied 19.4%/yr growth; shaded band = ±1σ (59%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $3M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: -1%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Interest last disclosed in FY2023 (no longer broken out).
Cash of $44M fully covers short-term debt of $2M.
Mostly short-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
No standout strengths flagged.
Where each multiple sits in its own 10-yr range · 80th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 10-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 48.7 | 51.1 | 57.0 | 40.0 | 43.4 | 41.6 | 48.2 | 48.8 |
| Gross Profit | 51.3 | 48.9 | 43.0 | 60.0 | 56.6 | 58.4 | 51.8 | 51.2 |
| R&D | 47.8 | 37.8 | 25.9 | 22.9 | 18.5 | 18.5 | 27.2 | 25.5 |
| SG&A | 25.4 | 33.1 | 25.6 | 19.9 | 19.6 | 22.4 | 28.1 | 26.4 |
| Operating Income | -35.1 | -38.4 | -18.0 | 9.1 | 10.4 | 9.2 | -14.1 | -11.8 |
| Income Tax | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 | -0.0 | -0.1 | 0.2 |
| Net Income | -35.9 | -39.1 | -20.3 | 7.9 | 10.2 | 14.2 | 1.5 | -1.1 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on MRAM: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.2M 100.0% | $50.4M 100.0% | $63.8M 100.0% | $60.0M 100.0% | $55.1M 100.0% | $42.0M 100.0% | $37.5M 100.0% | $49.4M 100.0% | $35.9M 100.0% | $27.1M 100.0% |
| Cost of Revenue | $27.0M 48.8% | $24.3M 48.2% | $26.5M 41.6% | $26.0M 43.4% | $22.1M 40.0% | $23.9M 57.0% | $19.2M 51.1% | $24.1M 48.7% | $14.5M 40.2% | $12.4M 45.7% |
| Cost of Products | — | — | — | — | — | — | — | — | $14.5M 40.2% | $12.4M 45.7% |
| Gross Profit | $28.2M 51.2% | $26.1M 51.8% | $37.2M 58.4% | $33.9M 56.6% | $33.1M 60.0% | $18.1M 43.0% | $18.3M 48.9% | $25.3M 51.3% | $21.5M 59.8% | $14.7M 54.3% |
| Research & Development | $14.1M 25.5% | $13.7M 27.2% | $11.8M 18.5% | $11.1M 18.5% | $12.6M 22.9% | $10.9M 25.9% | $14.2M 37.8% | $23.6M 47.8% | $25.4M 70.8% | $19.2M 71.0% |
| Selling, General & Admin | $14.6M 26.4% | $14.1M 28.1% | $14.3M 22.4% | $11.7M 19.6% | $10.9M 19.9% | $10.8M 25.6% | $12.4M 33.1% | $12.6M 25.4% | $11.5M 32.0% | $7.3M 26.9% |
| Total Operating Expenses | $34.8M 63.0% | $33.2M 65.9% | $31.4M 49.2% | $27.7M 46.2% | $28.0M 50.8% | $25.7M 61.0% | $32.7M 87.3% | $42.7M 86.3% | $41.7M 116.0% | $30.2M 111.5% |
| Operating Income | -$6.5M -11.8% | -$7.1M -14.1% | $5.9M 9.2% | $6.2M 10.4% | $5.0M 9.1% | -$7.6M -18.0% | -$14.4M -38.4% | -$17.3M -35.1% | -$20.2M -56.2% | -$15.5M -57.3% |
| Interest Expense | — | — | $63K 0.1% | $274K 0.5% | $547K 1.0% | $665K 1.6% | $747K 2.0% | $890K 1.8% | $764K 2.1% | $2.3M 8.7% |
| Interest & Investment Income | $1.6M 3.0% | $1.8M 3.5% | — | — | — | — | — | — | — | — |
| Other Income (Expense), net | $4.4M 8.0% | $6.1M 12.0% | $3.2M 5.0% | $190K 0.3% | -$141K -0.3% | -$24K -0.1% | $490K 1.3% | $457K 0.9% | $118K 0.3% | $1.2M 4.3% |
| Pretax Income | -$457K -0.8% | $741K 1.5% | $9.0M 14.2% | $6.1M 10.2% | $4.3M 7.9% | -$8.3M -19.6% | -$14.7M -39.1% | — | — | — |
| Income Tax Expense | $129K 0.2% | -$40K -0.1% | -$16K -0.0% | $14K 0.0% | $4K 0.0% | $260K 0.6% | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% |
| Net Income | -$586K -1.1% | $781K 1.5% | $9.1M 14.2% | $6.1M 10.2% | $4.3M 7.9% | -$8.5M -20.3% | -$14.7M -39.1% | -$17.8M -35.9% | -$21.1M -58.7% | -$16.7M -61.7% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.03 | $0.04 | $0.44 | $0.30 | $0.22 | $-0.45 | — | — | — | — |
| EPS (Diluted) | $-0.03 | $0.04 | $0.42 | $0.29 | $0.22 | $-0.45 | — | — | — | — |
| Weighted Avg Shares (Basic) | 22.6M | 21.6M | 20.7M | 20.1M | 19.4M | 18.8M | 17.3M | 16.4M | 12.6M | 5.1M |
| Weighted Avg Shares (Diluted) | 22.6M | 22.2M | 21.4M | 20.8M | 20.0M | 18.8M | — | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Ranked against 743 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | $11.16T | — | — | — | — | — | — | — | — | — | 3,121 |
| NVDA | $5.33T | 44.8× | 40.0× | 24.7× | 65.5% | 71.1% | 55.6% | 76.3% | 72.4% | 0.1× | 5,582 |
| AAPL | $4.98T | 45.2× | 34.8× | 12.0× | 6.4% | 46.9% | 26.9% | 152% | 68.1% | 0.6× | 5,858 |
| MSFT | $3.70T | 27.7× | 19.6× | 11.1× | 17.8% | 67.9% | 40.3% | 30.2% | 27.7% | 0.2× | 5,944 |
| AVGO | $1.65T | 72.8× | 65.1× | 25.8× | 23.9% | 67.8% | 36.2% | 28.4% | 15.8% | 2.5× | 4,442 |
| MU | $1.10T | 128.8× | 60.7× | 29.3× | 48.9% | 39.8% | 22.8% | 15.8% | 12.9% | 0.7× | 2,894 |
| AMD | $888.5B | 205.7× | 210.2× | 25.6× | 34.3% | 49.5% | 12.5% | 6.9% | 6.5% | 0.8× | 3,059 |
| INTC | $543.3B | — | 67.4× | 10.3× | -0.5% | 34.8% | -0.5% | -0.2% | -0.2% | 5.5× | 2,495 |
| CSCO | $436.6B | 43.2× | 36.6× | 7.7× | 5.3% | 64.9% | 18.0% | 21.7% | 13.6% | 2.3× | 3,560 |
| PLTR | $421.4B | 279.8× | 291.6× | 94.2× | 56.2% | 82.4% | 36.3% | 22.0% | 22.0% | — | 2,883 |
| DELL | $383.6B | 67.8× | 36.1× | 3.4× | 18.8% | 20.0% | 5.2% | -240% | 20.4% | 2.8× | 1,564 |
| LRCX | $341.7B | 64.9× | 54.5× | 18.5× | 23.7% | 48.7% | 29.1% | 54.3% | 37.4% | 0.7× | 2,500 |
| RPAY | $338.0B | — | — | 1092.8× | -1.2% | 75.0% | -83.0% | -53.0% | -28.2% | -1.7× | 142 |
| AMAT | $331.0B | 48.2× | 38.1× | 11.7× | 4.4% | 48.7% | 24.7% | 34.3% | 25.9% | 0.8× | 2,826 |
| UMC | $307.4B | — | — | — | — | — | — | — | — | — | 302 |
| ARM | $281.9B | 311.6× | 242.9× | 57.3× | 22.8% | 97.5% | 18.4% | 10.9% | 10.9% | — | 730 |
| SAP | $262.5B | — | — | — | — | — | — | — | — | — | 794 |
| ANET | $250.7B | 72.6× | 63.3× | 27.8× | 28.6% | 64.1% | 39.0% | 28.4% | 28.4% | — | 1,930 |
| PANW | $250.5B | 234.4× | 156.5× | 27.2× | 14.9% | 73.4% | 12.3% | 14.5% | 14.5% | — | 2,374 |
| SNDK | $235.7B | — | — | 32.0× | 10.4% | 30.1% | -22.3% | -17.8% | -14.8% | -1.5× | 1,127 |
| TXN | $234.6B | 47.4× | 30.9× | 13.3× | 13.0% | 57.0% | 28.3% | 30.7% | 16.5% | 1.8× | 2,345 |
| CRM | $225.6B | 31.1× | 24.4× | 5.4× | 9.6% | 77.7% | 18.0% | 12.6% | 10.1% | 1.5× | 2,547 |
| IBM | $222.8B | 21.3× | — | 3.3× | 7.6% | 58.2% | 15.7% | 32.4% | 11.3% | — | 3,351 |
| MRVL | $204.0B | 78.4× | 133.3× | 24.9× | 42.1% | 51.0% | 32.6% | 18.7% | 14.2% | 2.9× | 1,477 |
| QCOM | $202.7B | 37.7× | 15.2× | 4.6× | 13.7% | 55.4% | 12.5% | 26.1% | 15.4% | 1.1× | 2,611 |
| MRAM | $340M | — | — | 6.2× | 9.5% | 51.2% | -1.1% | -0.9% | -0.8% | — | 95 |
Peers = companies sharing MRAM's sector (Technology) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.