MICRON TECHNOLOGY INC (1MU.MI) Stock Fundamental Analysis
BIT:1MU - Euronext Milan - US5951121038 - Common Stock - Currency: EUR
Taking everything into account, 1MU scores 5 out of 10 in our fundamental rating. 1MU was compared to 51 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.
Of the past 5 years 1MU 4 years were profitable.
In the past 5 years 1MU always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.40%, 1MU is in line with its industry, outperforming 47.06% of the companies in the same industry.
1MU's Return On Equity of 9.61% is in line compared to the rest of the industry. 1MU outperforms 43.14% of its industry peers.
1MU has a worse Return On Invested Capital (6.01%) than 60.78% 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
With a Profit Margin value of 14.92%, 1MU perfoms like the industry average, outperforming 50.98% of the companies in the same industry.
In the last couple of years the Profit Margin of 1MU has declined.
Looking at the Operating Margin, with a value of 19.65%, 1MU is in line with its industry, outperforming 56.86% of the companies in the same industry.
In the last couple of years the Operating Margin of 1MU has declined.
1MU has a worse Gross Margin (34.73%) than 76.47% of its industry peers.
In the last couple of years the Gross Margin of 1MU has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1MU is destroying value.
The number of shares outstanding for 1MU has been increased compared to 1 year ago.
The number of shares outstanding for 1MU has been increased compared to 5 years ago.
Compared to 1 year ago, 1MU has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.46 indicates that 1MU is not in any danger for bankruptcy at the moment.
The Altman-Z score of 1MU (4.46) is comparable to the rest of the industry.
1MU has a debt to FCF ratio of 23.69. This is a negative value and a sign of low solvency as 1MU would need 23.69 years to pay back of all of its debts.
The Debt to FCF ratio of 1MU (23.69) is worse than 64.71% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that 1MU is not too dependend on debt financing.
1MU has a Debt to Equity ratio of 0.28. This is comparable to the rest of the industry: 1MU outperforms 47.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 23.69 | ||
| Altman-Z | 4.46 |
ROIC/WACC0.56
WACC10.77%
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 70.59% 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 has a Quick ratio of 1.99. This is in the better half of the industry: 1MU outperforms 68.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.13 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 269.97% over the past year.
1MU shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.38% yearly.
The Revenue has grown by 71.05% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.42% on average over the past years.
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
Based on estimates for the next years, 1MU will show a very strong growth in Earnings Per Share. The EPS will grow by 54.12% on average per year.
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 2Y33.17%
Revenue Next 3Y22.11%
Revenue Next 5Y13.7%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
1MU is valuated rather expensively with a Price/Earnings ratio of 18.67.
Based on the Price/Earnings ratio, 1MU is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.20, 1MU is valued a bit cheaper.
The Price/Forward Earnings ratio is 8.58, which indicates a very decent valuation of 1MU.
Based on the Price/Forward Earnings ratio, 1MU is valued cheaper than 90.20% of the companies in the same industry.
1MU's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.67 | ||
| Fwd PE | 8.58 |
4.2 Price Multiples
74.51% of the companies in the same industry are more expensive than 1MU, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, 1MU is valued a bit more expensive than the industry average as 64.71% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 177.29 | ||
| EV/EBITDA | 7.95 |
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.
1MU's earnings are expected to grow with 105.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y197.11%
EPS Next 3Y105.58%
5. Dividend
5.1 Amount
With a yearly dividend of 0.48%, 1MU is not a good candidate for dividend investing.
1MU's Dividend Yield is comparable with the industry average which is at 1.40.
With a Dividend Yield of 0.48, 1MU pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
5.2 History
On average, the dividend of 1MU grows each year by 72.66%, which is quite nice.
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.
1MU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP11.09%
EPS Next 2Y197.11%
EPS Next 3Y105.58%
BIT:1MU (5/27/2025, 7:00:00 PM)
84.95
-1.9 (-2.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners83.05%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap94.94B
Analysts82.08
Price Target108.09 (27.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
Yearly Dividend0.41
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)-7.28%
PT rev (3m)-13.92%
EPS NQ rev (1m)0.53%
EPS NQ rev (3m)2.11%
EPS NY rev (1m)0.44%
EPS NY rev (3m)1.57%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)3.19%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.67 | ||
| Fwd PE | 8.58 | ||
| P/S | 3.43 | ||
| P/FCF | 177.29 | ||
| P/OCF | 8.22 | ||
| P/B | 2.21 | ||
| P/tB | 2.28 | ||
| EV/EBITDA | 7.95 |
EPS(TTM)4.55
EY5.36%
EPS(NY)9.91
Fwd EY11.66%
FCF(TTM)0.48
FCFY0.56%
OCF(TTM)10.34
OCFY12.17%
SpS24.77
BVpS38.45
TBVpS37.21
PEG (NY)0.04
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 | 4.46 |
F-Score7
WACC10.77%
ROIC/WACC0.56
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 2Y33.17%
Revenue Next 3Y22.11%
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%