MICRON TECHNOLOGY INC (1MU.MI) Stock Fundamental Analysis
Europe - BIT:1MU - US5951121038 - Common Stock
162.36 EUR
+4.7 (+2.98%)
Overall 1MU gets a fundamental rating of 6 out of 10. We evaluated 1MU against 57 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of 1MU get a neutral evaluation. Nothing too spectacular is happening here. 1MU is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
1MU had positive earnings in the past year.
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's Return On Assets of 10.31% is in line compared to the rest of the industry. 1MU outperforms 59.65% of its industry peers.
The Return On Equity of 1MU (15.76%) is better than 63.16% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.51%, 1MU is in line with its industry, outperforming 57.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 15.76% | ||
| ROIC | 10.51% |
ROA(3y)0.79%
ROA(5y)5.08%
ROE(3y)1.42%
ROE(5y)7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of 1MU (22.84%) is better than 71.93% of its industry peers.
In the last couple of years the Profit Margin of 1MU has grown nicely.
1MU has a better Operating Margin (26.39%) than 66.67% of its industry peers.
1MU's Operating Margin has improved in the last couple of years.
1MU's Gross Margin of 39.79% is on the low side compared to the rest of the industry. 1MU is outperformed by 66.67% of its industry peers.
1MU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.39% | ||
| PM (TTM) | 22.84% | ||
| GM | 39.79% |
OM growth 3Y-5.97%
OM growth 5Y12.95%
PM growth 3Y-6.83%
PM growth 5Y12.75%
GM growth 3Y-4.15%
GM growth 5Y5.42%
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.
1MU has more shares outstanding than it did 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 6.39 indicates that 1MU is not in any danger for bankruptcy at the moment.
1MU has a Altman-Z score (6.39) which is in line with its industry peers.
The Debt to FCF ratio of 1MU is 8.74, which is on the high side as it means it would take 1MU, 8.74 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.74, 1MU is doing worse than 61.40% of the companies in the same industry.
1MU has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.26, 1MU perfoms like the industry average, outperforming 45.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 6.39 |
ROIC/WACC0.91
WACC11.5%
2.3 Liquidity
1MU has a Current Ratio of 2.52. This indicates that 1MU is financially healthy and has no problem in meeting its short term obligations.
1MU's Current ratio of 2.52 is fine compared to the rest of the industry. 1MU outperforms 66.67% of its industry peers.
A Quick Ratio of 1.79 indicates that 1MU should not have too much problems paying its short term obligations.
The Quick ratio of 1MU (1.79) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
1MU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 552.76%, which is quite impressive.
The Earnings Per Share has been growing by 23.98% on average over the past years. This is a very strong growth
The Revenue has grown by 48.85% in the past year. This is a very strong growth!
Measured over the past years, 1MU shows a quite strong growth in Revenue. The Revenue has been growing by 11.76% on average per year.
EPS 1Y (TTM)552.76%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%156.78%
Revenue 1Y (TTM)48.85%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%46%
3.2 Future
The Earnings Per Share is expected to grow by 10.58% on average over the next years. This is quite good.
The Revenue is expected to grow by 10.14% on average over the next years. This is quite good.
EPS Next Y63.43%
EPS Next 2Y33.29%
EPS Next 3Y26.51%
EPS Next 5Y10.58%
Revenue Next Year42.92%
Revenue Next 2Y25.2%
Revenue Next 3Y15.59%
Revenue Next 5Y10.14%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.00, which indicates a rather expensive current valuation of 1MU.
Based on the Price/Earnings ratio, 1MU is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
1MU's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.90.
With a Price/Forward Earnings ratio of 14.06, 1MU is valued correctly.
85.96% of the companies in the same industry are more expensive than 1MU, based on the Price/Forward Earnings ratio.
1MU is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.36, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23 | ||
| Fwd PE | 14.06 |
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 73.68% of the companies listed in the same industry.
1MU's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 1MU is more expensive than 64.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 127.82 | ||
| EV/EBITDA | 11.9 |
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 has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as 1MU's earnings are expected to grow with 26.51% in the coming years.
PEG (NY)0.36
PEG (5Y)0.96
EPS Next 2Y33.29%
EPS Next 3Y26.51%
5. Dividend
5.1 Amount
With a yearly dividend of 0.25%, 1MU is not a good candidate for dividend investing.
1MU's Dividend Yield is comparable with the industry average which is at 1.21.
With a Dividend Yield of 0.25, 1MU pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
On average, the dividend of 1MU grows each year by 44.07%, which is quite nice.
Dividend Growth(5Y)44.07%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1MU pays out 6.11% 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.
DP6.11%
EPS Next 2Y33.29%
EPS Next 3Y26.51%
BIT:1MU (10/3/2025, 7:00:00 PM)
162.36
+4.7 (+2.98%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners83.99%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap181.70B
Analysts81.51
Price Target151.88 (-6.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend0.4
Dividend Growth(5Y)44.07%
DP6.11%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.34%
Min EPS beat(2)2.85%
Max EPS beat(2)15.83%
EPS beat(4)4
Avg EPS beat(4)6.34%
Min EPS beat(4)0.31%
Max EPS beat(4)15.83%
EPS beat(8)8
Avg EPS beat(8)39.36%
EPS beat(12)11
Avg EPS beat(12)15.75%
EPS beat(16)14
Avg EPS beat(16)12.87%
Revenue beat(2)1
Avg Revenue beat(2)-0.17%
Min Revenue beat(2)-2.11%
Max Revenue beat(2)1.77%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-2.93%
Max Revenue beat(4)1.77%
Revenue beat(8)2
Avg Revenue beat(8)-0.24%
Revenue beat(12)2
Avg Revenue beat(12)-0.77%
Revenue beat(16)3
Avg Revenue beat(16)-1.11%
PT rev (1m)21.96%
PT rev (3m)39.81%
EPS NQ rev (1m)25.16%
EPS NQ rev (3m)33.27%
EPS NY rev (1m)2.45%
EPS NY rev (3m)20.04%
Revenue NQ rev (1m)6.22%
Revenue NQ rev (3m)8.21%
Revenue NY rev (1m)8.76%
Revenue NY rev (3m)18.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23 | ||
| Fwd PE | 14.06 | ||
| P/S | 5.7 | ||
| P/FCF | 127.82 | ||
| P/OCF | 12.17 | ||
| P/B | 3.94 | ||
| P/tB | 4.06 | ||
| EV/EBITDA | 11.9 |
EPS(TTM)7.06
EY4.35%
EPS(NY)11.55
Fwd EY7.11%
FCF(TTM)1.27
FCFY0.78%
OCF(TTM)13.35
OCFY8.22%
SpS28.46
BVpS41.25
TBVpS40.03
PEG (NY)0.36
PEG (5Y)0.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 15.76% | ||
| ROCE | 13.83% | ||
| ROIC | 10.51% | ||
| ROICexc | 12.28% | ||
| ROICexgc | 12.61% | ||
| OM | 26.39% | ||
| PM (TTM) | 22.84% | ||
| GM | 39.79% | ||
| FCFM | 4.46% |
ROA(3y)0.79%
ROA(5y)5.08%
ROE(3y)1.42%
ROE(5y)7%
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-6.71%
ROICexcg growth 5Y15.03%
ROICexc growth 3Y-6.48%
ROICexc growth 5Y15.36%
OM growth 3Y-5.97%
OM growth 5Y12.95%
PM growth 3Y-6.83%
PM growth 5Y12.75%
GM growth 3Y-4.15%
GM growth 5Y5.42%
F-Score7
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.74 | ||
| Debt/EBITDA | 0.77 | ||
| Cap/Depr | 189.86% | ||
| Cap/Sales | 42.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.2% | ||
| Profit Quality | 19.53% | ||
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 6.39 |
F-Score7
WACC11.5%
ROIC/WACC0.91
Cap/Depr(3y)132.21%
Cap/Depr(5y)145.52%
Cap/Sales(3y)41.74%
Cap/Sales(5y)40.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)552.76%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%156.78%
EPS Next Y63.43%
EPS Next 2Y33.29%
EPS Next 3Y26.51%
EPS Next 5Y10.58%
Revenue 1Y (TTM)48.85%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%46%
Revenue Next Year42.92%
Revenue Next 2Y25.2%
Revenue Next 3Y15.59%
Revenue Next 5Y10.14%
EBIT growth 1Y828.91%
EBIT growth 3Y0.34%
EBIT growth 5Y26.24%
EBIT Next Year157.12%
EBIT Next 3Y48.54%
EBIT Next 5Y27.78%
FCF growth 1Y1278.51%
FCF growth 3Y-18.79%
FCF growth 5Y82.23%
OCF growth 1Y106.01%
OCF growth 3Y4.9%
OCF growth 5Y16.11%