MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MTE - US5951121038 - Common Stock
290.3 EUR
-0.6 (-0.21%)
Taking everything into account, MTE scores 7 out of 10 in our fundamental rating. MTE was compared to 71 industry peers in the Semiconductors & Semiconductor Equipment industry. MTE has an excellent profitability rating, but there are some minor concerns on its financial health. MTE is not overvalued while it is showing excellent growth. This is an interesting combination. This makes MTE very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year MTE was profitable.
MTE had a positive operating cash flow in the past year.
Of the past 5 years MTE 4 years were profitable.
MTE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MTE (13.85%) is better than 77.46% of its industry peers.
MTE has a better Return On Equity (20.25%) than 70.42% of its industry peers.
With a decent Return On Invested Capital value of 14.22%, MTE is doing good in the industry, outperforming 73.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.85% | ||
| ROE | 20.25% | ||
| ROIC | 14.22% |
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
Looking at the Profit Margin, with a value of 28.15%, MTE belongs to the top of the industry, outperforming 83.10% of the companies in the same industry.
In the last couple of years the Profit Margin of MTE has grown nicely.
With an excellent Operating Margin value of 32.68%, MTE belongs to the best of the industry, outperforming 83.10% of the companies in the same industry.
In the last couple of years the Operating Margin of MTE has grown nicely.
MTE has a Gross Margin (45.31%) which is in line with its industry peers.
In the last couple of years the Gross Margin of MTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.68% | ||
| PM (TTM) | 28.15% | ||
| GM | 45.31% |
OM growth 3Y-5.79%
OM growth 5Y13.08%
PM growth 3Y-6.83%
PM growth 5Y12.75%
GM growth 3Y-4.15%
GM growth 5Y5.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MTE is still creating some value.
MTE has more shares outstanding than it did 1 year ago.
MTE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MTE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 10.56 indicates that MTE is not in any danger for bankruptcy at the moment.
The Altman-Z score of MTE (10.56) is better than 69.01% of its industry peers.
The Debt to FCF ratio of MTE is 2.53, which is a good value as it means it would take MTE, 2.53 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.53, MTE is in line with its industry, outperforming 47.89% of the companies in the same industry.
A Debt/Equity ratio of 0.19 indicates that MTE is not too dependend on debt financing.
MTE has a Debt to Equity ratio (0.19) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.53 | ||
| Altman-Z | 10.56 |
ROIC/WACC1.34
WACC10.62%
2.3 Liquidity
MTE has a Current Ratio of 2.46. This indicates that MTE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MTE (2.46) is better than 63.38% of its industry peers.
MTE has a Quick Ratio of 1.78. This is a normal value and indicates that MTE is financially healthy and should not expect problems in meeting its short term obligations.
MTE has a Quick ratio of 1.78. This is comparable to the rest of the industry: MTE outperforms 59.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
MTE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 181.30%, 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
MTE shows a strong growth in Revenue. In the last year, the Revenue has grown by 45.43%.
MTE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.76% yearly.
EPS 1Y (TTM)181.3%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%167.04%
Revenue 1Y (TTM)45.43%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%56.65%
3.2 Future
The Earnings Per Share is expected to grow by 19.31% on average over the next years. This is quite good.
MTE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.11% yearly.
EPS Next Y257.63%
EPS Next 2Y109.16%
EPS Next 3Y67.67%
EPS Next 5Y19.31%
Revenue Next Year85.19%
Revenue Next 2Y50.74%
Revenue Next 3Y32.3%
Revenue Next 5Y15.11%
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 stable.
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 29.96, which means the current valuation is very expensive for MTE.
Compared to the rest of the industry, the Price/Earnings ratio of MTE indicates a somewhat cheap valuation: MTE is cheaper than 66.20% of the companies listed in the same industry.
MTE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.19.
A Price/Forward Earnings ratio of 9.32 indicates a reasonable valuation of MTE.
MTE's Price/Forward Earnings ratio is rather cheap when compared to the industry. MTE is cheaper than 98.59% of the companies in the same industry.
MTE is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.96 | ||
| Fwd PE | 9.32 |
4.2 Price Multiples
MTE's Enterprise Value to EBITDA ratio is in line with the industry average.
MTE's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MTE is more expensive than 64.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 81.76 | ||
| EV/EBITDA | 17.08 |
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.
The decent profitability rating of MTE may justify a higher PE ratio.
A more expensive valuation may be justified as MTE's earnings are expected to grow with 67.67% in the coming years.
PEG (NY)0.12
PEG (5Y)1.25
EPS Next 2Y109.16%
EPS Next 3Y67.67%
5. Dividend
5.1 Amount
MTE has a yearly dividend return of 0.14%, which is pretty low.
Compared to an average industry Dividend Yield of 0.79, MTE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, MTE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
5.2 History
The dividend of MTE is nicely growing with an annual growth rate of 44.19%!
Dividend Growth(5Y)44.19%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
4.41% of the earnings are spent on dividend by MTE. This is a low number and sustainable payout ratio.
MTE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP4.41%
EPS Next 2Y109.16%
EPS Next 3Y67.67%
FRA:MTE (1/12/2026, 11:56:07 AM)
290.3
-0.6 (-0.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners82.91%
Inst Owner ChangeN/A
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap326.69B
Revenue(TTM)42.31B
Net Income(TTM)11.91B
Analysts83.46
Price Target248.95 (-14.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
Yearly Dividend0.4
Dividend Growth(5Y)44.19%
DP4.41%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.12%
Min EPS beat(2)2.85%
Max EPS beat(2)17.39%
EPS beat(4)4
Avg EPS beat(4)10.61%
Min EPS beat(4)2.85%
Max EPS beat(4)17.39%
EPS beat(8)8
Avg EPS beat(8)40.89%
EPS beat(12)12
Avg EPS beat(12)32.69%
EPS beat(16)15
Avg EPS beat(16)13.99%
Revenue beat(2)1
Avg Revenue beat(2)0.51%
Min Revenue beat(2)-2.11%
Max Revenue beat(2)3.12%
Revenue beat(4)2
Avg Revenue beat(4)0.46%
Min Revenue beat(4)-2.11%
Max Revenue beat(4)3.12%
Revenue beat(8)3
Avg Revenue beat(8)0.28%
Revenue beat(12)3
Avg Revenue beat(12)-0.22%
Revenue beat(16)4
Avg Revenue beat(16)-0.74%
PT rev (1m)29.97%
PT rev (3m)63.82%
EPS NQ rev (1m)104.8%
EPS NQ rev (3m)113.11%
EPS NY rev (1m)68.71%
EPS NY rev (3m)118.83%
Revenue NQ rev (1m)42.5%
Revenue NQ rev (3m)45.08%
Revenue NY rev (1m)25.65%
Revenue NY rev (3m)29.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.96 | ||
| Fwd PE | 9.32 | ||
| P/S | 8.99 | ||
| P/FCF | 81.76 | ||
| P/OCF | 16.76 | ||
| P/B | 6.47 | ||
| P/tB | 6.65 | ||
| EV/EBITDA | 17.08 |
EPS(TTM)9.69
EY3.34%
EPS(NY)31.15
Fwd EY10.73%
FCF(TTM)3.55
FCFY1.22%
OCF(TTM)17.32
OCFY5.97%
SpS32.3
BVpS44.89
TBVpS43.65
PEG (NY)0.12
PEG (5Y)1.25
Graham Number98.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.85% | ||
| ROE | 20.25% | ||
| ROCE | 18.71% | ||
| ROIC | 14.22% | ||
| ROICexc | 16.52% | ||
| ROICexgc | 16.95% | ||
| OM | 32.68% | ||
| PM (TTM) | 28.15% | ||
| GM | 45.31% | ||
| FCFM | 10.99% |
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
ROICexgc growth 3Y-6.53%
ROICexgc growth 5Y15.16%
ROICexc growth 3Y-6.3%
ROICexc growth 5Y15.49%
OM growth 3Y-5.79%
OM growth 5Y13.08%
PM growth 3Y-6.83%
PM growth 5Y12.75%
GM growth 3Y-4.15%
GM growth 5Y5.42%
F-Score7
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.53 | ||
| Debt/EBITDA | 0.5 | ||
| Cap/Depr | 211.39% | ||
| Cap/Sales | 42.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.48% | ||
| Profit Quality | 39.06% | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 10.56 |
F-Score7
WACC10.62%
ROIC/WACC1.34
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)181.3%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%167.04%
EPS Next Y257.63%
EPS Next 2Y109.16%
EPS Next 3Y67.67%
EPS Next 5Y19.31%
Revenue 1Y (TTM)45.43%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%56.65%
Revenue Next Year85.19%
Revenue Next 2Y50.74%
Revenue Next 3Y32.3%
Revenue Next 5Y15.11%
EBIT growth 1Y216.87%
EBIT growth 3Y0.54%
EBIT growth 5Y26.38%
EBIT Next Year430.9%
EBIT Next 3Y88.13%
EBIT Next 5Y34.79%
FCF growth 1Y192.93%
FCF growth 3Y-18.79%
FCF growth 5Y82.23%
OCF growth 1Y1025.04%
OCF growth 3Y4.9%
OCF growth 5Y16.11%
MICRON TECHNOLOGY INC / MTE.DE FAQ
What is the ChartMill fundamental rating of MICRON TECHNOLOGY INC (MTE.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MTE.DE.
What is the valuation status for MTE stock?
ChartMill assigns a valuation rating of 6 / 10 to MICRON TECHNOLOGY INC (MTE.DE). This can be considered as Fairly Valued.
What is the profitability of MTE stock?
MICRON TECHNOLOGY INC (MTE.DE) has a profitability rating of 6 / 10.
What is the valuation of MICRON TECHNOLOGY INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MICRON TECHNOLOGY INC (MTE.DE) is 29.96 and the Price/Book (PB) ratio is 6.47.
How sustainable is the dividend of MICRON TECHNOLOGY INC (MTE.DE) stock?
The dividend rating of MICRON TECHNOLOGY INC (MTE.DE) is 3 / 10 and the dividend payout ratio is 4.41%.