MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to MTE. MTE was compared to 51 industry peers in the Semiconductors & Semiconductor Equipment industry. MTE has an average financial health and profitability rating. MTE is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
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.
Of the past 5 years MTE 4 years were profitable.
MTE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MTE (7.94%) is comparable to the rest of the industry.
MTE has a Return On Equity of 12.27%. This is comparable to the rest of the industry: MTE outperforms 50.00% of its industry peers.
The Return On Invested Capital of MTE (7.18%) is comparable to the rest of the 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
The Profit Margin of MTE (18.41%) is better than 61.54% of its industry peers.
In the last couple of years the Profit Margin of MTE has declined.
MTE has a Operating Margin of 22.77%. This is in the better half of the industry: MTE outperforms 61.54% 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: 78.85% 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.
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
MTE has an Altman-Z score of 4.88. This indicates that MTE is financially healthy and has little risk of bankruptcy at the moment.
MTE has a Altman-Z score (4.88) which is in line with 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.
MTE has a worse Debt to FCF ratio (8.26) than 67.31% 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.
Looking at the Debt to Equity ratio, with a value of 0.30, MTE is doing worse than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 4.88 |
ROIC/WACC0.66
WACC10.89%
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.
The Current ratio of MTE (2.75) is better than 67.31% 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 line with its industry, outperforming 59.62% of the companies in the same industry.
| 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.
MTE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.38% yearly.
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
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
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
A Price/Earnings ratio of 19.47 indicates a rather expensive valuation of MTE.
Compared to the rest of the industry, the Price/Earnings ratio of MTE indicates a somewhat cheap valuation: MTE is cheaper than 73.08% 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 27.45.
Based on the Price/Forward Earnings ratio of 11.10, the valuation of MTE can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTE indicates a rather cheap valuation: MTE is cheaper than 90.38% of the companies listed in the same industry.
MTE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 11.1 |
4.2 Price Multiples
MTE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MTE is cheaper than 73.08% of the companies in the same industry.
MTE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 74.46 | ||
| EV/EBITDA | 9.07 |
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 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%, MTE is not a good candidate for dividend investing.
MTE's Dividend Yield is comparable with the industry average which is at 1.12.
With a Dividend Yield of 0.38, MTE pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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 2Y198.11%
EPS Next 3Y109.24%
FRA:MTE (7/4/2025, 7:00:00 PM)
106.5
+1.74 (+1.66%)
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 Cap119.02B
Analysts82.04
Price Target108.57 (1.94%)
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 | 19.47 | ||
| Fwd PE | 11.1 | ||
| P/S | 4.14 | ||
| P/FCF | 74.46 | ||
| P/OCF | 9.21 | ||
| P/B | 2.76 | ||
| P/tB | 2.85 | ||
| EV/EBITDA | 9.07 |
EPS(TTM)5.47
EY5.14%
EPS(NY)9.59
Fwd EY9.01%
FCF(TTM)1.43
FCFY1.34%
OCF(TTM)11.56
OCFY10.85%
SpS25.71
BVpS38.59
TBVpS37.39
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 | 4.88 |
F-Score7
WACC10.89%
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 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%