MICRON TECHNOLOGY INC (1MU.MI) Stock Fundamental Analysis
BIT:1MU - Euronext Milan - US5951121038 - Common Stock - Currency: EUR
Taking everything into account, 1MU scores 5 out of 10 in our fundamental rating. 1MU was compared to 51 industry peers in the Semiconductors & Semiconductor Equipment industry. While 1MU seems to be doing ok healthwise, there are quite some concerns on its profitability. 1MU is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
1MU had positive earnings in the past year.
1MU had a positive operating cash flow in the past year.
1MU had positive earnings in 4 of the past 5 years.
1MU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.40%, 1MU is in line with its industry, outperforming 43.14% of the companies in the same industry.
With a Return On Equity value of 9.61%, 1MU perfoms like the industry average, outperforming 43.14% of the companies in the same industry.
With a Return On Invested Capital value of 6.01%, 1MU is not doing good in the industry: 60.78% of the companies in the same industry are doing better.
| 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.
1MU's Operating Margin of 19.65% is in line compared to the rest of the industry. 1MU outperforms 56.86% of its industry peers.
1MU's Operating Margin has declined in the last couple of years.
1MU has a worse Gross Margin (34.73%) than 78.43% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1MU 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
The debt/assets ratio for 1MU has been reduced compared to a year ago.
2.2 Solvency
1MU has an Altman-Z score of 5.14. This indicates that 1MU is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.14, 1MU is in line with its industry, outperforming 49.02% of the companies in the same industry.
1MU has a debt to FCF ratio of 23.69. This is a negative value and a sign of low solvency as 1MU would need 23.69 years to pay back of all of its debts.
With a Debt to FCF ratio value of 23.69, 1MU is not doing good in the industry: 68.63% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.28 indicates that 1MU is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.28, 1MU is in line with its industry, outperforming 41.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 23.69 | ||
| Altman-Z | 5.14 |
ROIC/WACC0.55
WACC10.88%
2.3 Liquidity
A Current Ratio of 3.13 indicates that 1MU has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.13, 1MU is doing good in the industry, outperforming 72.55% of the companies in the same industry.
A Quick Ratio of 1.99 indicates that 1MU should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.99, 1MU is doing good in the industry, outperforming 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.13 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
1MU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 757.14%, which is quite impressive.
1MU shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.38% yearly.
Looking at the last year, 1MU shows a very strong growth in Revenue. The Revenue has grown by 61.59%.
The Revenue has been growing slightly by 1.42% on average over the past years.
EPS 1Y (TTM)757.14%
EPS 3Y-40.6%
EPS 5Y-27.38%
EPS Q2Q%208.06%
Revenue 1Y (TTM)61.59%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%36.56%
3.2 Future
The Earnings Per Share is expected to grow by 54.12% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.70% on average over the next years. This is quite good.
EPS Next Y468.51%
EPS Next 2Y198.11%
EPS Next 3Y109.24%
EPS Next 5Y54.12%
Revenue Next Year41.78%
Revenue Next 2Y33.54%
Revenue Next 3Y22.43%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.90, 1MU is valued on the expensive side.
Based on the Price/Earnings ratio, 1MU is valued cheaper than 82.35% of the companies in the same industry.
1MU is valuated rather cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
1MU is valuated reasonably with a Price/Forward Earnings ratio of 10.79.
92.16% of the companies in the same industry are more expensive than 1MU, based on the Price/Forward Earnings ratio.
1MU's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 10.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1MU is valued a bit cheaper than the industry average as 76.47% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1MU indicates a slightly more expensive valuation: 1MU is more expensive than 68.63% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 224.67 | ||
| EV/EBITDA | 9.89 |
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's earnings are expected to grow with 109.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y198.11%
EPS Next 3Y109.24%
5. Dividend
5.1 Amount
With a yearly dividend of 0.38%, 1MU is not a good candidate for dividend investing.
1MU's Dividend Yield is comparable with the industry average which is at 1.12.
Compared to an average S&P500 Dividend Yield of 2.38, 1MU's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
5.2 History
The dividend of 1MU is nicely growing with an annual growth rate of 72.66%!
Dividend Growth(5Y)72.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
11.09% of the earnings are spent on dividend by 1MU. This is a low number and sustainable payout ratio.
The dividend of 1MU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP11.09%
EPS Next 2Y198.11%
EPS Next 3Y109.24%
BIT:1MU (7/4/2025, 7:00:00 PM)
103.4
+0.9 (+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 Cap115.56B
Analysts82.04
Price Target108.63 (5.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
Yearly Dividend0.4
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)0.5%
PT rev (3m)-7.54%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)0.65%
EPS NY rev (1m)0.33%
EPS NY rev (3m)0.63%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.41%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 10.79 | ||
| P/S | 4.35 | ||
| P/FCF | 224.67 | ||
| P/OCF | 10.41 | ||
| P/B | 2.8 | ||
| P/tB | 2.89 | ||
| EV/EBITDA | 9.89 |
EPS(TTM)5.47
EY5.29%
EPS(NY)9.58
Fwd EY9.26%
FCF(TTM)0.46
FCFY0.45%
OCF(TTM)9.93
OCFY9.6%
SpS23.79
BVpS36.93
TBVpS35.74
PEG (NY)0.04
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 | 5.14 |
F-Score7
WACC10.88%
ROIC/WACC0.55
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 Y468.51%
EPS Next 2Y198.11%
EPS Next 3Y109.24%
EPS Next 5Y54.12%
Revenue 1Y (TTM)61.59%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%36.56%
Revenue Next Year41.78%
Revenue Next 2Y33.54%
Revenue Next 3Y22.43%
Revenue Next 5Y13.7%
EBIT growth 1Y247.6%
EBIT growth 3Y-46.41%
EBIT growth 5Y-32.36%
EBIT Next Year932.39%
EBIT Next 3Y141.38%
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%