MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
Overall MTE gets a fundamental rating of 5 out of 10. We evaluated MTE against 54 industry peers in the Semiconductors & Semiconductor Equipment industry. While MTE seems to be doing ok healthwise, there are quite some concerns on its profitability. An interesting combination arises when we look at growth and value: MTE is growing strongly while it also seems undervalued.
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.
Of the past 5 years MTE 4 years were profitable.
In the past 5 years MTE always reported a positive cash flow from operatings.
1.2 Ratios
MTE's Return On Assets of 7.94% is in line compared to the rest of the industry. MTE outperforms 50.00% of its industry peers.
MTE has a Return On Equity (12.27%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 7.18%, MTE is in line with its industry, outperforming 42.59% 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 has a Profit Margin (18.41%) which is comparable to the rest of the industry.
MTE's Profit Margin has declined in the last couple of years.
MTE has a Operating Margin (22.77%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MTE has declined.
The Gross Margin of MTE (37.13%) is worse than 79.63% 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.
The number of shares outstanding for MTE has been increased compared to 1 year ago.
Compared to 5 years ago, MTE has more shares outstanding
The debt/assets ratio for MTE has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.59 indicates that MTE is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.59, MTE is in line with its industry, outperforming 44.44% of the companies in the same 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.
The Debt to FCF ratio of MTE (8.26) is worse than 62.96% of its industry peers.
MTE has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
MTE has a Debt to Equity ratio of 0.30. This is comparable to the rest of the industry: MTE outperforms 46.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 4.59 |
ROIC/WACC0.64
WACC11.13%
2.3 Liquidity
A Current Ratio of 2.75 indicates that MTE has no problem at all paying its short term obligations.
MTE's Current ratio of 2.75 is fine compared to the rest of the industry. MTE outperforms 70.37% of its industry peers.
A Quick Ratio of 1.89 indicates that MTE should not have too much problems paying its short term obligations.
MTE has a better Quick ratio (1.89) than 64.81% of its industry peers.
| 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.
MTE shows a strong growth in Revenue. In the last year, the Revenue has grown by 58.22%.
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)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 54.12% on average per year.
The Revenue is expected to grow by 13.70% on average over the next years. This is quite good.
EPS Next Y528.98%
EPS Next 2Y214.82%
EPS Next 3Y119.92%
EPS Next 5Y54.12%
Revenue Next Year46.66%
Revenue Next 2Y38.5%
Revenue Next 3Y26.91%
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.
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
With a Price/Earnings ratio of 17.61, MTE is valued on the expensive side.
Based on the Price/Earnings ratio, MTE is valued cheaply inside the industry as 81.48% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.50, MTE is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 9.01, the valuation of MTE can be described as reasonable.
Based on the Price/Forward Earnings ratio, MTE is valued cheaply inside the industry as 92.59% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 36.44. MTE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.61 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
83.33% of the companies in the same industry are more expensive than MTE, based on the Enterprise Value to EBITDA ratio.
MTE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.45 | ||
| EV/EBITDA | 8.22 |
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.
MTE's earnings are expected to grow with 119.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y214.82%
EPS Next 3Y119.92%
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 1.19, 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 2.35.
| 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
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 2Y214.82%
EPS Next 3Y119.92%
FRA:MTE (7/18/2025, 5:24:55 PM)
97.91
+0.25 (+0.26%)
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 Cap109.57B
Analysts82.04
Price Target108.57 (10.89%)
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)0.44%
PT rev (3m)-7.12%
EPS NQ rev (1m)27.55%
EPS NQ rev (3m)30.16%
EPS NY rev (1m)11%
EPS NY rev (3m)11.34%
Revenue NQ rev (1m)9.49%
Revenue NQ rev (3m)10.13%
Revenue NY rev (1m)3.72%
Revenue NY rev (3m)3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.61 | ||
| Fwd PE | 9.01 | ||
| P/S | 3.75 | ||
| P/FCF | 67.45 | ||
| P/OCF | 8.35 | ||
| P/B | 2.5 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 8.22 |
EPS(TTM)5.56
EY5.68%
EPS(NY)10.87
Fwd EY11.1%
FCF(TTM)1.45
FCFY1.48%
OCF(TTM)11.73
OCFY11.98%
SpS26.09
BVpS39.16
TBVpS37.95
PEG (NY)0.03
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 | 4.59 |
F-Score7
WACC11.13%
ROIC/WACC0.64
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 Y528.98%
EPS Next 2Y214.82%
EPS Next 3Y119.92%
EPS Next 5Y54.12%
Revenue 1Y (TTM)58.22%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.42%
Sales Q2Q%36.56%
Revenue Next Year46.66%
Revenue Next 2Y38.5%
Revenue Next 3Y26.91%
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%