MICRON TECHNOLOGY INC (1MU.MI) Stock Fundamental Analysis
BIT:1MU - Euronext Milan - US5951121038 - Common Stock - Currency: EUR
1MU gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 55 industry peers in the Semiconductors & Semiconductor Equipment industry. The financial health of 1MU is average, but there are quite some concerns on its profitability. 1MU is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year 1MU was profitable.
In the past year 1MU had a positive cash flow from operations.
1MU had positive earnings in 4 of the past 5 years.
Each year in the past 5 years 1MU had a positive operating cash flow.
1.2 Ratios
1MU has a Return On Assets of 6.40%. This is comparable to the rest of the industry: 1MU outperforms 45.45% of its industry peers.
1MU has a Return On Equity of 9.61%. This is comparable to the rest of the industry: 1MU outperforms 45.45% of its industry peers.
1MU's Return On Invested Capital of 6.01% is in line compared to the rest of the industry. 1MU outperforms 41.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 9.61% | ||
| ROIC | 6.01% |
ROA(3y)1.72%
ROA(5y)4.02%
ROE(3y)1.97%
ROE(5y)5.23%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
1MU has a Profit Margin of 14.92%. This is comparable to the rest of the industry: 1MU outperforms 54.55% of its industry peers.
1MU's Profit Margin has declined in the last couple of years.
1MU has a Operating Margin (19.65%) which is in line with its industry peers.
In the last couple of years the Operating Margin of 1MU has declined.
1MU has a worse Gross Margin (34.73%) than 80.00% of its industry peers.
1MU's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.65% | ||
| PM (TTM) | 14.92% | ||
| GM | 34.73% |
OM growth 3Y-44.62%
OM growth 5Y-33.31%
PM growth 3Y-47.29%
PM growth 5Y-35.13%
GM growth 3Y-16.06%
GM growth 5Y-13.34%
2. Health
2.1 Basic Checks
1MU has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, 1MU has more shares outstanding
1MU has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1MU has an improved debt to assets ratio.
2.2 Solvency
1MU has an Altman-Z score of 5.08. This indicates that 1MU is financially healthy and has little risk of bankruptcy at the moment.
1MU has a Altman-Z score (5.08) which is comparable to the rest of the industry.
The Debt to FCF ratio of 1MU is 23.69, which is on the high side as it means it would take 1MU, 23.69 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 23.69, 1MU is doing worse than 70.91% of the companies in the same industry.
1MU has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
1MU has a Debt to Equity ratio (0.28) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 23.69 | ||
| Altman-Z | 5.08 |
ROIC/WACC0.62
WACC9.66%
2.3 Liquidity
1MU has a Current Ratio of 3.13. This indicates that 1MU is financially healthy and has no problem in meeting its short term obligations.
1MU's Current ratio of 3.13 is fine compared to the rest of the industry. 1MU outperforms 72.73% of its industry peers.
A Quick Ratio of 1.99 indicates that 1MU should not have too much problems paying its short term obligations.
1MU's Quick ratio of 1.99 is fine compared to the rest of the industry. 1MU outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.13 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
1MU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 269.97%, which is quite impressive.
1MU shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.38% yearly.
1MU shows a strong growth in Revenue. In the last year, the Revenue has grown by 71.05%.
Measured over the past years, 1MU shows a small growth in Revenue. The Revenue has been growing by 1.42% on average per year.
EPS 1Y (TTM)269.97%
EPS 3Y-40.6%
EPS 5Y-27.38%
EPS Q2Q%271.43%
Revenue 1Y (TTM)71.05%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%38.27%
3.2 Future
The Earnings Per Share is expected to grow by 54.12% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.70% on average over the next years. This is quite good.
EPS Next Y466.64%
EPS Next 2Y197.11%
EPS Next 3Y105.58%
EPS Next 5Y54.12%
Revenue Next Year41.4%
Revenue Next 2Y33.18%
Revenue Next 3Y22.13%
Revenue Next 5Y13.7%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.01, the valuation of 1MU can be described as rather expensive.
Based on the Price/Earnings ratio, 1MU is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
1MU is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.58 indicates a reasonable valuation of 1MU.
90.91% of the companies in the same industry are more expensive than 1MU, based on the Price/Forward Earnings ratio.
1MU is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.01 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1MU indicates a somewhat cheap valuation: 1MU is cheaper than 70.91% of the companies listed in the same industry.
70.91% of the companies in the same industry are cheaper than 1MU, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 218.7 | ||
| EV/EBITDA | 9.72 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as 1MU's earnings are expected to grow with 105.58% in the coming years.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y197.11%
EPS Next 3Y105.58%
5. Dividend
5.1 Amount
With a yearly dividend of 0.40%, 1MU is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.28, 1MU has a dividend in line with its industry peers.
With a Dividend Yield of 0.40, 1MU pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
5.2 History
The dividend of 1MU is nicely growing with an annual growth rate of 72.66%!
Dividend Growth(5Y)72.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1MU pays out 11.09% of its income as dividend. This is a sustainable payout ratio.
The dividend of 1MU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP11.09%
EPS Next 2Y197.11%
EPS Next 3Y105.58%
BIT:1MU (6/19/2025, 7:00:00 PM)
103.32
-2.42 (-2.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners83.21%
Inst Owner ChangeN/A
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap115.47B
Analysts82.08
Price Target107.99 (4.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
Yearly Dividend0.4
Dividend Growth(5Y)72.66%
DP11.09%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.35%
Min EPS beat(2)0.31%
Max EPS beat(2)6.39%
EPS beat(4)4
Avg EPS beat(4)6.43%
Min EPS beat(4)0.31%
Max EPS beat(4)18.38%
EPS beat(8)8
Avg EPS beat(8)40.07%
EPS beat(12)11
Avg EPS beat(12)15.17%
EPS beat(16)14
Avg EPS beat(16)12.13%
Revenue beat(2)0
Avg Revenue beat(2)-1.93%
Min Revenue beat(2)-2.93%
Max Revenue beat(2)-0.93%
Revenue beat(4)0
Avg Revenue beat(4)-1.55%
Min Revenue beat(4)-2.93%
Max Revenue beat(4)-0.86%
Revenue beat(8)1
Avg Revenue beat(8)-0.27%
Revenue beat(12)1
Avg Revenue beat(12)-1.26%
Revenue beat(16)2
Avg Revenue beat(16)-1.26%
PT rev (1m)-0.09%
PT rev (3m)-13.64%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)5.83%
EPS NY rev (1m)0%
EPS NY rev (3m)1.57%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)4.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.01 | ||
| Fwd PE | 10.58 | ||
| P/S | 4.23 | ||
| P/FCF | 218.7 | ||
| P/OCF | 10.14 | ||
| P/B | 2.73 | ||
| P/tB | 2.82 | ||
| EV/EBITDA | 9.72 |
EPS(TTM)4.49
EY4.35%
EPS(NY)9.77
Fwd EY9.45%
FCF(TTM)0.47
FCFY0.46%
OCF(TTM)10.19
OCFY9.86%
SpS24.42
BVpS37.91
TBVpS36.69
PEG (NY)0.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 9.61% | ||
| ROCE | 9.44% | ||
| ROIC | 6.01% | ||
| ROICexc | 6.88% | ||
| ROICexgc | 7.07% | ||
| OM | 19.65% | ||
| PM (TTM) | 14.92% | ||
| GM | 34.73% | ||
| FCFM | 1.93% |
ROA(3y)1.72%
ROA(5y)4.02%
ROE(3y)1.97%
ROE(5y)5.23%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-49.51%
ROICexcg growth 5Y-37.89%
ROICexc growth 3Y-49.41%
ROICexc growth 5Y-37.69%
OM growth 3Y-44.62%
OM growth 5Y-33.31%
PM growth 3Y-47.29%
PM growth 5Y-35.13%
GM growth 3Y-16.06%
GM growth 5Y-13.34%
F-Score7
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 23.69 | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 154.87% | ||
| Cap/Sales | 39.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.03% | ||
| Profit Quality | 12.97% | ||
| Current Ratio | 3.13 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 5.08 |
F-Score7
WACC9.66%
ROIC/WACC0.62
Cap/Depr(3y)125.44%
Cap/Depr(5y)136.66%
Cap/Sales(3y)40.67%
Cap/Sales(5y)39.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)269.97%
EPS 3Y-40.6%
EPS 5Y-27.38%
EPS Q2Q%271.43%
EPS Next Y466.64%
EPS Next 2Y197.11%
EPS Next 3Y105.58%
EPS Next 5Y54.12%
Revenue 1Y (TTM)71.05%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%38.27%
Revenue Next Year41.4%
Revenue Next 2Y33.18%
Revenue Next 3Y22.13%
Revenue Next 5Y13.7%
EBIT growth 1Y247.6%
EBIT growth 3Y-46.41%
EBIT growth 5Y-32.36%
EBIT Next Year932.39%
EBIT Next 3Y141.38%
EBIT Next 5Y73.34%
FCF growth 1Y131.17%
FCF growth 3Y-63.25%
FCF growth 5Y-48.71%
OCF growth 1Y46.87%
OCF growth 3Y-11.96%
OCF growth 5Y-8.4%