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 51 industry peers in the Semiconductors & Semiconductor Equipment industry. MTE has only an average score on both its financial health and profitability. 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
With a Return On Assets value of 7.94%, MTE perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.27%, MTE is in line with its industry, outperforming 50.98% of the companies in the same industry.
With a Return On Invested Capital value of 7.18%, MTE perfoms like the industry average, outperforming 43.14% 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 62.75% of its industry peers.
MTE's Profit Margin has declined in the last couple of years.
MTE has a better Operating Margin (22.77%) than 62.75% of its industry peers.
In the last couple of years the Operating Margin of MTE has declined.
The Gross Margin of MTE (37.13%) is worse than 78.43% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTE is destroying value.
The number of shares outstanding for MTE has been increased compared to 1 year ago.
MTE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MTE has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.74 indicates that MTE is not in any danger for bankruptcy at the moment.
MTE has a Altman-Z score of 4.74. This is comparable to the rest of the industry: MTE outperforms 47.06% of its industry peers.
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.
With a Debt to FCF ratio value of 8.26, MTE is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.30 indicates that MTE is not too dependend on debt financing.
MTE has a Debt to Equity ratio (0.30) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 4.74 |
ROIC/WACC0.65
WACC11.03%
2.3 Liquidity
A Current Ratio of 2.75 indicates that MTE has no problem at all paying its short term obligations.
MTE has a better Current ratio (2.75) than 70.59% 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.
MTE has a better Quick ratio (1.89) than 62.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
MTE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 757.14%, which is quite impressive.
Measured over the past years, MTE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -27.38% on average per year.
MTE shows a strong growth in Revenue. In the last year, the Revenue has grown by 58.22%.
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
The Earnings Per Share is expected to grow by 54.12% on average over the next years. This is a very strong growth
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 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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
MTE is valuated rather expensively with a Price/Earnings ratio of 18.81.
MTE's Price/Earnings ratio is a bit cheaper when compared to the industry. MTE is cheaper than 72.55% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.29, MTE is valued a bit cheaper.
The Price/Forward Earnings ratio is 10.73, which indicates a very decent valuation of MTE.
MTE's Price/Forward Earnings ratio is rather cheap when compared to the industry. MTE is cheaper than 90.20% of the companies in the same industry.
MTE is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.81 | ||
| Fwd PE | 10.73 |
4.2 Price Multiples
MTE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MTE is cheaper than 76.47% of the companies in the same industry.
MTE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.94 | ||
| EV/EBITDA | 8.66 |
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.
A more expensive valuation may be justified as MTE's earnings are expected to grow with 109.24% in the coming years.
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%, MTE is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.12, MTE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, MTE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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
8.37% of the earnings are spent on dividend by MTE. This is a low number and 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 2Y198.11%
EPS Next 3Y109.24%
FRA:MTE (7/8/2025, 10:28:49 AM)
103.24
+1.38 (+1.35%)
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 Cap115.38B
Analysts82.04
Price Target108.57 (5.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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)0.5%
PT rev (3m)-7.12%
EPS NQ rev (1m)29.95%
EPS NQ rev (3m)27.35%
EPS NY rev (1m)0.33%
EPS NY rev (3m)0.63%
Revenue NQ rev (1m)10.08%
Revenue NQ rev (3m)9.59%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.81 | ||
| Fwd PE | 10.73 | ||
| P/S | 4 | ||
| P/FCF | 71.94 | ||
| P/OCF | 8.9 | ||
| P/B | 2.67 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 8.66 |
EPS(TTM)5.49
EY5.32%
EPS(NY)9.62
Fwd EY9.32%
FCF(TTM)1.44
FCFY1.39%
OCF(TTM)11.6
OCFY11.23%
SpS25.8
BVpS38.72
TBVpS37.52
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 | 4.74 |
F-Score7
WACC11.03%
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 Y468.51%
EPS Next 2Y198.11%
EPS Next 3Y109.24%
EPS Next 5Y54.12%
Revenue 1Y (TTM)58.22%
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 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%