MICRON TECHNOLOGY INC (MTE.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MTE - US5951121038 - Common Stock
193.82 EUR
+19.28 (+11.05%)
Overall MTE gets a fundamental rating of 6 out of 10. We evaluated MTE against 60 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make MTE a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year MTE was profitable.
MTE had a positive operating cash flow in the past year.
MTE had positive earnings in 4 of the past 5 years.
MTE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MTE (10.31%) is better than 63.33% of its industry peers.
MTE's Return On Equity of 15.76% is fine compared to the rest of the industry. MTE outperforms 65.00% of its industry peers.
MTE has a Return On Invested Capital of 10.51%. This is comparable to the rest of the industry: MTE outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 15.76% | ||
| ROIC | 10.51% |
ROA(3y)0.79%
ROA(5y)5.08%
ROE(3y)1.42%
ROE(5y)7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MTE's Profit Margin of 22.84% is fine compared to the rest of the industry. MTE outperforms 73.33% of its industry peers.
MTE's Profit Margin has improved in the last couple of years.
MTE has a better Operating Margin (26.40%) than 65.00% of its industry peers.
In the last couple of years the Operating Margin of MTE has grown nicely.
MTE's Gross Margin of 39.79% is on the low side compared to the rest of the industry. MTE is outperformed by 60.00% of its industry peers.
In the last couple of years the Gross Margin of MTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.4% | ||
| PM (TTM) | 22.84% | ||
| GM | 39.79% |
OM growth 3Y-5.79%
OM growth 5Y13.08%
PM growth 3Y-6.83%
PM growth 5Y12.75%
GM growth 3Y-4.15%
GM growth 5Y5.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MTE is still creating some value.
The number of shares outstanding for MTE has been increased compared to 1 year ago.
The number of shares outstanding for MTE has been increased compared to 5 years ago.
MTE has a better debt/assets ratio than last year.
2.2 Solvency
MTE has an Altman-Z score of 6.65. This indicates that MTE is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.65, MTE is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
MTE has a debt to FCF ratio of 8.74. This is a slightly negative value and a sign of low solvency as MTE would need 8.74 years to pay back of all of its debts.
MTE has a Debt to FCF ratio of 8.74. This is in the lower half of the industry: MTE underperforms 61.67% of its industry peers.
MTE has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
MTE's Debt to Equity ratio of 0.26 is in line compared to the rest of the industry. MTE outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 6.65 |
ROIC/WACC1.01
WACC10.45%
2.3 Liquidity
MTE has a Current Ratio of 2.52. This indicates that MTE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.52, MTE is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
A Quick Ratio of 1.79 indicates that MTE should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.79, MTE is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
MTE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 552.76%, which is quite impressive.
The Earnings Per Share has been growing by 23.98% on average over the past years. This is a very strong growth
The Revenue has grown by 48.85% in the past year. This is a very strong growth!
MTE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.76% yearly.
EPS 1Y (TTM)552.76%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%156.78%
Revenue 1Y (TTM)48.85%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%46%
3.2 Future
Based on estimates for the next years, MTE will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.58% on average per year.
The Revenue is expected to grow by 10.14% on average over the next years. This is quite good.
EPS Next Y106.24%
EPS Next 2Y51.88%
EPS Next 3Y31.52%
EPS Next 5Y10.58%
Revenue Next Year45.72%
Revenue Next 2Y28.29%
Revenue Next 3Y19.02%
Revenue Next 5Y10.14%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 26.92, which means the current valuation is very expensive for MTE.
Compared to the rest of the industry, the Price/Earnings ratio of MTE indicates a somewhat cheap valuation: MTE is cheaper than 71.67% of the companies listed in the same industry.
MTE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.65.
Based on the Price/Forward Earnings ratio of 13.06, the valuation of MTE can be described as correct.
91.67% of the companies in the same industry are more expensive than MTE, based on the Price/Forward Earnings ratio.
MTE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.92 | ||
| Fwd PE | 13.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTE is valued a bit cheaper than 65.00% of the companies in the same industry.
MTE's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MTE is more expensive than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 150.26 | ||
| EV/EBITDA | 12.59 |
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 has a very decent profitability rating, which may justify a higher PE ratio.
MTE's earnings are expected to grow with 31.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)1.12
EPS Next 2Y51.88%
EPS Next 3Y31.52%
5. Dividend
5.1 Amount
MTE has a yearly dividend return of 0.20%, which is pretty low.
Compared to an average industry Dividend Yield of 1.14, MTE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, MTE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
5.2 History
On average, the dividend of MTE grows each year by 44.03%, which is quite nice.
Dividend Growth(5Y)44.03%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
6.11% 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.
DP6.11%
EPS Next 2Y51.88%
EPS Next 3Y31.52%
FRA:MTE (11/24/2025, 7:00:00 PM)
193.82
+19.28 (+11.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners83.99%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap217.56B
Revenue(TTM)37.38B
Net Income(TTM)8.54B
Analysts82.96
Price Target187.17 (-3.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
Yearly Dividend0.41
Dividend Growth(5Y)44.03%
DP6.11%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.34%
Min EPS beat(2)2.85%
Max EPS beat(2)15.83%
EPS beat(4)4
Avg EPS beat(4)6.34%
Min EPS beat(4)0.31%
Max EPS beat(4)15.83%
EPS beat(8)8
Avg EPS beat(8)39.36%
EPS beat(12)11
Avg EPS beat(12)15.75%
EPS beat(16)14
Avg EPS beat(16)12.87%
Revenue beat(2)1
Avg Revenue beat(2)-0.17%
Min Revenue beat(2)-2.11%
Max Revenue beat(2)1.77%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-2.93%
Max Revenue beat(4)1.77%
Revenue beat(8)2
Avg Revenue beat(8)-0.24%
Revenue beat(12)2
Avg Revenue beat(12)-0.77%
Revenue beat(16)3
Avg Revenue beat(16)-1.11%
PT rev (1m)23.16%
PT rev (3m)49.49%
EPS NQ rev (1m)0.8%
EPS NQ rev (3m)26.76%
EPS NY rev (1m)0.19%
EPS NY rev (3m)29.29%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)6.75%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)10.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.92 | ||
| Fwd PE | 13.06 | ||
| P/S | 6.71 | ||
| P/FCF | 150.26 | ||
| P/OCF | 14.3 | ||
| P/B | 4.63 | ||
| P/tB | 4.77 | ||
| EV/EBITDA | 12.59 |
EPS(TTM)7.2
EY3.71%
EPS(NY)14.84
Fwd EY7.66%
FCF(TTM)1.29
FCFY0.67%
OCF(TTM)13.55
OCFY6.99%
SpS28.91
BVpS41.89
TBVpS40.65
PEG (NY)0.25
PEG (5Y)1.12
Graham Number82.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 15.76% | ||
| ROCE | 13.83% | ||
| ROIC | 10.51% | ||
| ROICexc | 12.28% | ||
| ROICexgc | 12.61% | ||
| OM | 26.4% | ||
| PM (TTM) | 22.84% | ||
| GM | 39.79% | ||
| FCFM | 4.46% |
ROA(3y)0.79%
ROA(5y)5.08%
ROE(3y)1.42%
ROE(5y)7%
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
ROICexgc growth 3Y-6.53%
ROICexgc growth 5Y15.16%
ROICexc growth 3Y-6.3%
ROICexc growth 5Y15.49%
OM growth 3Y-5.79%
OM growth 5Y13.08%
PM growth 3Y-6.83%
PM growth 5Y12.75%
GM growth 3Y-4.15%
GM growth 5Y5.42%
F-Score7
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.74 | ||
| Debt/EBITDA | 0.77 | ||
| Cap/Depr | 189.86% | ||
| Cap/Sales | 42.42% | ||
| Interest Coverage | 23.6 | ||
| Cash Conversion | 96.2% | ||
| Profit Quality | 19.53% | ||
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 6.65 |
F-Score7
WACC10.45%
ROIC/WACC1.01
Cap/Depr(3y)132.21%
Cap/Depr(5y)145.52%
Cap/Sales(3y)41.74%
Cap/Sales(5y)40.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)552.76%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%156.78%
EPS Next Y106.24%
EPS Next 2Y51.88%
EPS Next 3Y31.52%
EPS Next 5Y10.58%
Revenue 1Y (TTM)48.85%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%46%
Revenue Next Year45.72%
Revenue Next 2Y28.29%
Revenue Next 3Y19.02%
Revenue Next 5Y10.14%
EBIT growth 1Y829%
EBIT growth 3Y0.54%
EBIT growth 5Y26.38%
EBIT Next Year157.12%
EBIT Next 3Y54.67%
EBIT Next 5Y27.78%
FCF growth 1Y1278.51%
FCF growth 3Y-18.79%
FCF growth 5Y82.23%
OCF growth 1Y106.01%
OCF growth 3Y4.9%
OCF growth 5Y16.11%
MICRON TECHNOLOGY INC / MTE.DE FAQ
What is the ChartMill fundamental rating of MICRON TECHNOLOGY INC (MTE.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MTE.DE.
Can you provide the valuation status for MICRON TECHNOLOGY INC?
ChartMill assigns a valuation rating of 6 / 10 to MICRON TECHNOLOGY INC (MTE.DE). This can be considered as Fairly Valued.
What is the profitability of MTE stock?
MICRON TECHNOLOGY INC (MTE.DE) has a profitability rating of 6 / 10.
Can you provide the financial health for MTE stock?
The financial health rating of MICRON TECHNOLOGY INC (MTE.DE) is 5 / 10.
What is the earnings growth outlook for MICRON TECHNOLOGY INC?
The Earnings per Share (EPS) of MICRON TECHNOLOGY INC (MTE.DE) is expected to grow by 106.24% in the next year.