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 52 industry peers in the Semiconductors & Semiconductor Equipment industry. 1MU scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 1MU is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year 1MU was profitable.
1MU had a positive operating cash flow in the past year.
Of the past 5 years 1MU 4 years were profitable.
1MU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1MU has a Return On Assets of 6.40%. This is comparable to the rest of the industry: 1MU outperforms 44.23% of its industry peers.
1MU has a Return On Equity of 9.61%. This is in the lower half of the industry: 1MU underperforms 61.54% of its industry peers.
The Return On Invested Capital of 1MU (6.01%) is worse than 61.54% 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 (14.92%) which is in line with its industry peers.
1MU's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 19.65%, 1MU perfoms like the industry average, outperforming 55.77% of the companies in the same industry.
In the last couple of years the Operating Margin of 1MU has declined.
1MU has a Gross Margin of 34.73%. This is in the lower half of the industry: 1MU underperforms 78.85% 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.
The number of shares outstanding for 1MU has been increased compared to 1 year ago.
Compared to 5 years ago, 1MU has more shares outstanding
1MU has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.02 indicates that 1MU is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.02, 1MU is in line with its industry, outperforming 48.08% of the companies in the same 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 65.38% 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.
The Debt to Equity ratio of 1MU (0.28) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 23.69 | ||
| Altman-Z | 4.02 |
ROIC/WACC0.66
WACC9.04%
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 has a Current ratio of 3.13. This is in the better half of the industry: 1MU outperforms 69.23% of its industry peers.
1MU has a Quick Ratio of 1.99. This is a normal value and indicates that 1MU is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.99, 1MU is in the better half of the industry, outperforming 71.15% of the companies in the same industry.
| 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.
1MU shows a strong growth in Revenue. In the last year, the Revenue has grown by 71.05%.
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
1MU is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 54.12% yearly.
Based on estimates for the next years, 1MU will show a quite strong growth in Revenue. The Revenue will grow by 13.70% on average per year.
EPS Next Y464.18%
EPS Next 2Y198.8%
EPS Next 3Y108.71%
EPS Next 5Y54.12%
Revenue Next Year41.23%
Revenue Next 2Y33.41%
Revenue Next 3Y22.37%
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.
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
With a Price/Earnings ratio of 15.46, 1MU is valued correctly.
73.08% of the companies in the same industry are more expensive than 1MU, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 24.29, 1MU is valued a bit cheaper.
The Price/Forward Earnings ratio is 7.02, which indicates a rather cheap valuation of 1MU.
Based on the Price/Forward Earnings ratio, 1MU is valued cheaper than 92.31% 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 20.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 7.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1MU is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
65.38% 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 | 146.81 | ||
| EV/EBITDA | 6.68 |
4.3 Compensation for Growth
1MU's 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 108.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y198.8%
EPS Next 3Y108.71%
5. Dividend
5.1 Amount
1MU has a yearly dividend return of 0.59%, which is pretty low.
The stock price of 1MU dropped by -22.02% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.48, 1MU has a dividend in line with its industry peers.
With a Dividend Yield of 0.59, 1MU pays less dividend than the S&P500 average, which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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 2Y198.8%
EPS Next 3Y108.71%
BIT:1MU (5/6/2025, 7:00:00 PM)
70.18
-0.36 (-0.51%)
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 Cap78.43B
Analysts82.08
Price Target107.75 (53.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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)-8.3%
PT rev (3m)-14.19%
EPS NQ rev (1m)0.51%
EPS NQ rev (3m)1.46%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)0.73%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)2.91%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 7.02 | ||
| P/S | 2.84 | ||
| P/FCF | 146.81 | ||
| P/OCF | 6.81 | ||
| P/B | 1.83 | ||
| P/tB | 1.89 | ||
| EV/EBITDA | 6.68 |
EPS(TTM)4.54
EY6.47%
EPS(NY)10
Fwd EY14.24%
FCF(TTM)0.48
FCFY0.68%
OCF(TTM)10.31
OCFY14.69%
SpS24.71
BVpS38.36
TBVpS37.12
PEG (NY)0.03
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 | 4.02 |
F-Score7
WACC9.04%
ROIC/WACC0.66
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 Y464.18%
EPS Next 2Y198.8%
EPS Next 3Y108.71%
EPS Next 5Y54.12%
Revenue 1Y (TTM)71.05%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%38.27%
Revenue Next Year41.23%
Revenue Next 2Y33.41%
Revenue Next 3Y22.37%
Revenue Next 5Y13.7%
EBIT growth 1Y247.6%
EBIT growth 3Y-46.41%
EBIT growth 5Y-32.36%
EBIT Next Year930.09%
EBIT Next 3Y144.24%
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%