MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
FRA:MTE - US5951121038 - Common Stock
108.84 EUR
+6 (+5.83%)
We assign a fundamental rating of 5 out of 10 to MTE. MTE was compared to 60 industry peers in the Semiconductors & Semiconductor Equipment industry. MTE has an average financial health and profitability rating. MTE is not overvalued while it is showing excellent growth. This is an interesting 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.
In the past 5 years MTE always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 7.94%, MTE perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
MTE has a Return On Equity of 12.27%. This is comparable to the rest of the industry: MTE outperforms 53.33% of its industry peers.
With a Return On Invested Capital value of 7.18%, MTE perfoms like the industry average, outperforming 50.00% of the companies in the same 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
MTE's Profit Margin of 18.41% is fine compared to the rest of the industry. MTE outperforms 70.00% of its industry peers.
In the last couple of years the Profit Margin of MTE has declined.
With a decent Operating Margin value of 22.77%, MTE is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of MTE has declined.
The Gross Margin of MTE (37.13%) is worse than 73.33% of its industry peers.
In the last couple of years the Gross Margin of MTE has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTE is destroying value.
Compared to 1 year ago, MTE has more shares outstanding
MTE has more shares outstanding than it did 5 years ago.
MTE has a better debt/assets ratio than last year.
2.2 Solvency
MTE has an Altman-Z score of 4.75. This indicates that MTE is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MTE (4.75) is comparable to the rest of the industry.
MTE has a debt to FCF ratio of 8.26. This is a slightly negative value and a sign of low solvency as MTE would need 8.26 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.26, MTE is doing worse than 63.33% of the companies in the same industry.
A Debt/Equity ratio of 0.30 indicates that MTE is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.30, MTE perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 4.75 |
ROIC/WACC0.66
WACC10.82%
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.
MTE's Current ratio of 2.75 is fine compared to the rest of the industry. MTE outperforms 68.33% of its industry peers.
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.
Looking at the Quick ratio, with a value of 1.89, MTE is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
| 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.
The earnings per share for MTE have been decreasing by -27.38% on average. This is quite bad
Looking at the last year, MTE shows a very strong growth in Revenue. The Revenue has grown by 58.22%.
MTE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.42% yearly.
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
MTE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 54.74% yearly.
Based on estimates for the next years, MTE will show a quite strong growth in Revenue. The Revenue will grow by 15.00% on average per year.
EPS Next Y550.56%
EPS Next 2Y222.69%
EPS Next 3Y122.67%
EPS Next 5Y54.74%
Revenue Next Year48%
Revenue Next 2Y39.52%
Revenue Next 3Y27.54%
Revenue Next 5Y15%
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
Based on the Price/Earnings ratio of 19.68, the valuation of MTE can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of MTE indicates a somewhat cheap valuation: MTE is cheaper than 75.00% of the companies listed in the same industry.
MTE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.06.
The Price/Forward Earnings ratio is 9.59, which indicates a very decent valuation of MTE.
Based on the Price/Forward Earnings ratio, MTE is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MTE to the average of the S&P500 Index (22.69), we can say MTE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.68 | ||
| Fwd PE | 9.59 |
4.2 Price Multiples
MTE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MTE is cheaper than 75.00% of the companies in the same industry.
MTE's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MTE is more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 75.42 | ||
| EV/EBITDA | 8.69 |
4.3 Compensation for Growth
MTE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MTE's earnings are expected to grow with 122.67% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y222.69%
EPS Next 3Y122.67%
5. Dividend
5.1 Amount
MTE has a yearly dividend return of 0.37%, which is pretty low.
Compared to an average industry Dividend Yield of 1.29, MTE has a dividend in line with its industry peers.
With a Dividend Yield of 0.37, MTE pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
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.
The dividend of MTE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP8.37%
EPS Next 2Y222.69%
EPS Next 3Y122.67%
FRA:MTE (9/5/2025, 7:00:00 PM)
108.84
+6 (+5.83%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners83.01%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap121.81B
Analysts80.77
Price Target125.2 (15.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
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)-0.73%
PT rev (3m)15.9%
EPS NQ rev (1m)13.58%
EPS NQ rev (3m)47.83%
EPS NY rev (1m)3.43%
EPS NY rev (3m)14.81%
Revenue NQ rev (1m)4.36%
Revenue NQ rev (3m)14.93%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)4.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.68 | ||
| Fwd PE | 9.59 | ||
| P/S | 4.2 | ||
| P/FCF | 75.42 | ||
| P/OCF | 9.33 | ||
| P/B | 2.8 | ||
| P/tB | 2.89 | ||
| EV/EBITDA | 8.69 |
EPS(TTM)5.53
EY5.08%
EPS(NY)11.35
Fwd EY10.43%
FCF(TTM)1.44
FCFY1.33%
OCF(TTM)11.66
OCFY10.71%
SpS25.94
BVpS38.93
TBVpS37.72
PEG (NY)0.04
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 | 4.75 |
F-Score7
WACC10.82%
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)757.14%
EPS 3Y-40.6%
EPS 5Y-27.38%
EPS Q2Q%208.06%
EPS Next Y550.56%
EPS Next 2Y222.69%
EPS Next 3Y122.67%
EPS Next 5Y54.74%
Revenue 1Y (TTM)58.22%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%36.56%
Revenue Next Year48%
Revenue Next 2Y39.52%
Revenue Next 3Y27.54%
Revenue Next 5Y15%
EBIT growth 1Y518.48%
EBIT growth 3Y-46.41%
EBIT growth 5Y-32.36%
EBIT Next Year973.3%
EBIT Next 3Y153.51%
EBIT Next 5Y75.7%
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%