MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
Taking everything into account, MTE scores 5 out of 10 in our fundamental rating. MTE was compared to 56 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of MTE get a neutral evaluation. Nothing too spectacular is happening here. MTE is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year MTE was profitable.
In the past year MTE had a positive cash flow from operations.
MTE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years MTE had a positive operating cash flow.
1.2 Ratios
MTE has a Return On Assets of 7.94%. This is comparable to the rest of the industry: MTE outperforms 53.57% of its industry peers.
The Return On Equity of MTE (12.27%) is comparable to the rest of the industry.
MTE has a Return On Invested Capital (7.18%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.94% | ||
| ROE | 12.27% | ||
| ROIC | 7.18% |
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
The Profit Margin of MTE (18.41%) is better than 62.50% of its industry peers.
MTE's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 22.77%, MTE is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
MTE's Operating Margin has declined in the last couple of years.
MTE's Gross Margin of 37.13% is on the low side compared to the rest of the industry. MTE is outperformed by 80.36% of its industry peers.
MTE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.77% | ||
| PM (TTM) | 18.41% | ||
| GM | 37.13% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTE is destroying value.
MTE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MTE has been increased compared to 5 years ago.
The debt/assets ratio for MTE has been reduced compared to a year ago.
2.2 Solvency
MTE has an Altman-Z score of 4.61. This indicates that MTE is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 4.61, MTE perfoms like the industry average, outperforming 51.79% of the companies in the same industry.
The Debt to FCF ratio of MTE is 8.26, which is on the high side as it means it would take MTE, 8.26 years of fcf income to pay off all of its debts.
MTE has a worse Debt to FCF ratio (8.26) than 66.07% of its industry peers.
MTE has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
MTE's Debt to Equity ratio of 0.30 is in line compared to the rest of the industry. MTE outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 4.61 |
ROIC/WACC0.65
WACC11.12%
2.3 Liquidity
MTE has a Current Ratio of 2.75. This indicates that MTE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.75, MTE is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
MTE has a Quick Ratio of 1.89. This is a normal value and indicates that MTE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of MTE (1.89) is better than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 757.14% over the past year.
MTE 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 58.22% in the past year. This is a very strong growth!
Measured over the past years, MTE shows a small growth in Revenue. The Revenue has been growing by 1.42% on average per year.
EPS 1Y (TTM)757.14%
EPS 3Y-40.6%
EPS 5Y-27.38%
EPS Q2Q%208.06%
Revenue 1Y (TTM)58.22%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%36.56%
3.2 Future
Based on estimates for the next years, MTE will show a very strong growth in Earnings Per Share. The EPS will grow by 54.12% on average per year.
Based on estimates for the next years, MTE will show a quite strong growth in Revenue. The Revenue will grow by 13.70% on average per year.
EPS Next Y528.98%
EPS Next 2Y214.82%
EPS Next 3Y119.92%
EPS Next 5Y54.12%
Revenue Next Year46.66%
Revenue Next 2Y38.5%
Revenue Next 3Y26.91%
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
The Price/Earnings ratio is 17.85, which indicates a rather expensive current valuation of MTE.
MTE's Price/Earnings ratio is a bit cheaper when compared to the industry. MTE is cheaper than 76.79% of the companies in the same industry.
MTE is valuated rather cheaply when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
MTE is valuated reasonably with a Price/Forward Earnings ratio of 9.14.
Based on the Price/Forward Earnings ratio, MTE is valued cheaper than 91.07% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.44. MTE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.85 | ||
| Fwd PE | 9.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTE is valued cheaper than 80.36% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as MTE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.41 | ||
| EV/EBITDA | 8.29 |
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.
MTE's earnings are expected to grow with 119.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y214.82%
EPS Next 3Y119.92%
5. Dividend
5.1 Amount
With a yearly dividend of 0.41%, MTE is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.16, MTE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, MTE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
5.2 History
The dividend of MTE is nicely growing with an annual growth rate of 72.66%!
Dividend Growth(5Y)72.66%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
MTE pays out 8.37% of its income as dividend. This is a sustainable payout ratio.
MTE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP8.37%
EPS Next 2Y214.82%
EPS Next 3Y119.92%
FRA:MTE (7/21/2025, 5:29:31 PM)
98.7
+0.86 (+0.88%)
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 Cap110.46B
Analysts82.04
Price Target126.12 (27.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
Yearly Dividend0.4
Dividend Growth(5Y)72.66%
DP8.37%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.11%
Min EPS beat(2)6.39%
Max EPS beat(2)15.83%
EPS beat(4)4
Avg EPS beat(4)5.8%
Min EPS beat(4)0.31%
Max EPS beat(4)15.83%
EPS beat(8)8
Avg EPS beat(8)40.5%
EPS beat(12)11
Avg EPS beat(12)16.21%
EPS beat(16)14
Avg EPS beat(16)12.73%
Revenue beat(2)1
Avg Revenue beat(2)0.42%
Min Revenue beat(2)-0.93%
Max Revenue beat(2)1.77%
Revenue beat(4)1
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-2.93%
Max Revenue beat(4)1.77%
Revenue beat(8)2
Avg Revenue beat(8)-0.03%
Revenue beat(12)2
Avg Revenue beat(12)-0.88%
Revenue beat(16)3
Avg Revenue beat(16)-1.12%
PT rev (1m)16.68%
PT rev (3m)7.89%
EPS NQ rev (1m)27.55%
EPS NQ rev (3m)30.16%
EPS NY rev (1m)10.64%
EPS NY rev (3m)11.49%
Revenue NQ rev (1m)9.49%
Revenue NQ rev (3m)10.13%
Revenue NY rev (1m)3.44%
Revenue NY rev (3m)3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.85 | ||
| Fwd PE | 9.14 | ||
| P/S | 3.81 | ||
| P/FCF | 68.41 | ||
| P/OCF | 8.47 | ||
| P/B | 2.54 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 8.29 |
EPS(TTM)5.53
EY5.6%
EPS(NY)10.8
Fwd EY10.95%
FCF(TTM)1.44
FCFY1.46%
OCF(TTM)11.66
OCFY11.81%
SpS25.93
BVpS38.92
TBVpS37.71
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.94% | ||
| ROE | 12.27% | ||
| ROCE | 11.28% | ||
| ROIC | 7.18% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 8.77% | ||
| OM | 22.77% | ||
| PM (TTM) | 18.41% | ||
| GM | 37.13% | ||
| FCFM | 5.56% |
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 | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Debt/EBITDA | 0.94 | ||
| Cap/Depr | 162.65% | ||
| Cap/Sales | 39.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.66% | ||
| Profit Quality | 30.22% | ||
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.89 | ||
| Altman-Z | 4.61 |
F-Score7
WACC11.12%
ROIC/WACC0.65
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)757.14%
EPS 3Y-40.6%
EPS 5Y-27.38%
EPS Q2Q%208.06%
EPS Next Y528.98%
EPS Next 2Y214.82%
EPS Next 3Y119.92%
EPS Next 5Y54.12%
Revenue 1Y (TTM)58.22%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%36.56%
Revenue Next Year46.66%
Revenue Next 2Y38.5%
Revenue Next 3Y26.91%
Revenue Next 5Y13.7%
EBIT growth 1Y518.48%
EBIT growth 3Y-46.41%
EBIT growth 5Y-32.36%
EBIT Next Year932.39%
EBIT Next 3Y141.38%
EBIT Next 5Y73.34%
FCF growth 1Y139.68%
FCF growth 3Y-63.25%
FCF growth 5Y-48.71%
OCF growth 1Y198.8%
OCF growth 3Y-11.96%
OCF growth 5Y-8.4%