MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
Europe - FRA:MTE - US5951121038 - Common Stock
133.46 EUR
-0.44 (-0.33%)
MTE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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
MTE had positive earnings in the past year.
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's Return On Assets of 7.94% is in line compared to the rest of the industry. MTE outperforms 53.57% of its industry peers.
With a Return On Equity value of 12.27%, MTE perfoms like the industry average, outperforming 51.79% of the companies in the same industry.
MTE has a Return On Invested Capital (7.18%) which is in line with its industry peers.
| 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 has a Profit Margin of 18.41%. This is in the better half of the industry: MTE outperforms 67.86% of its industry peers.
MTE's Profit Margin has declined in the last couple of years.
MTE has a Operating Margin of 22.77%. This is in the better half of the industry: MTE outperforms 64.29% of its industry peers.
In the last couple of years the Operating Margin of MTE has declined.
With a Gross Margin value of 37.13%, MTE is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
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
MTE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MTE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MTE has more shares outstanding
Compared to 1 year ago, MTE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.67 indicates that MTE is not in any danger for bankruptcy at the moment.
MTE has a Altman-Z score (5.67) which is comparable to the rest of the 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.
The Debt to FCF ratio of MTE (8.26) is worse than 60.71% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that MTE is not too dependend on debt financing.
MTE has a worse Debt to Equity ratio (0.30) than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 5.67 |
ROIC/WACC0.65
WACC10.99%
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.
With a decent Current ratio value of 2.75, MTE is doing good in the industry, outperforming 69.64% of the companies in the same industry.
A Quick Ratio of 1.89 indicates that MTE should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.89, MTE is doing good in the industry, outperforming 71.43% 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.
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.
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
Based on estimates for the next years, MTE will show a very strong growth in Earnings Per Share. The EPS will grow by 54.74% on average per year.
MTE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.00% yearly.
EPS Next Y550.56%
EPS Next 2Y222.69%
EPS Next 3Y122.67%
EPS Next 5Y54.74%
Revenue Next Year48.07%
Revenue Next 2Y39.98%
Revenue Next 3Y27.76%
Revenue Next 5Y15%
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
The Price/Earnings ratio is 24.40, which indicates a rather expensive current valuation of MTE.
Based on the Price/Earnings ratio, MTE is valued a bit cheaper than the industry average as 67.86% of the companies are valued more expensively.
MTE is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.87, the valuation of MTE can be described as very reasonable.
MTE's Price/Forward Earnings ratio is rather cheap when compared to the industry. MTE is cheaper than 89.29% of the companies in the same industry.
MTE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 11.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MTE indicates a somewhat cheap valuation: MTE is cheaper than 73.21% of the companies listed in the same industry.
60.71% of the companies in the same industry are cheaper than MTE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 93.43 | ||
| EV/EBITDA | 11.35 |
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.
MTE's earnings are expected to grow with 122.67% in the coming years. This may justify a more expensive valuation.
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 0.31%, which is pretty low.
MTE's Dividend Yield is comparable with the industry average which is at 1.29.
Compared to an average S&P500 Dividend Yield of 2.38, MTE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
5.2 History
On average, the dividend of MTE grows each year by 72.66%, which is quite nice.
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 (9/16/2025, 7:00:00 PM)
133.46
-0.44 (-0.33%)
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 Cap149.36B
Analysts80.77
Price Target131.92 (-1.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
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)4.07%
PT rev (3m)22.04%
EPS NQ rev (1m)3.99%
EPS NQ rev (3m)44.97%
EPS NY rev (1m)3.43%
EPS NY rev (3m)14.81%
Revenue NQ rev (1m)1.52%
Revenue NQ rev (3m)14.29%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 11.87 | ||
| P/S | 5.2 | ||
| P/FCF | 93.43 | ||
| P/OCF | 11.56 | ||
| P/B | 3.46 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 11.35 |
EPS(TTM)5.47
EY4.1%
EPS(NY)11.24
Fwd EY8.42%
FCF(TTM)1.43
FCFY1.07%
OCF(TTM)11.54
OCFY8.65%
SpS25.68
BVpS38.54
TBVpS37.34
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 | 5.67 |
F-Score7
WACC10.99%
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 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 Year48.07%
Revenue Next 2Y39.98%
Revenue Next 3Y27.76%
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%