414.88 USD
-20.91 (-4.8%)
At close: Jan 30, 2026
422.15 USD
+7.27 (+1.75%)
After Hours: 1/30/2026, 8:07:39 PM
Taking everything into account, MU scores 7 out of 10 in our fundamental rating. MU was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While MU has a great profitability rating, there are some minor concerns on its financial health. MU is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, MU could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
- MU had positive earnings in the past year.
- In the past year MU had a positive cash flow from operations.
- Of the past 5 years MU 4 years were profitable.
- In the past 5 years MU always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of MU (13.85%) is better than 86.73% of its industry peers.
- MU's Return On Equity of 20.25% is amongst the best of the industry. MU outperforms 85.84% of its industry peers.
- MU has a Return On Invested Capital of 14.22%. This is amongst the best in the industry. MU outperforms 87.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.85% | ||
| ROE | 20.25% | ||
| ROIC | 14.22% |
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
- The Profit Margin of MU (28.15%) is better than 86.73% of its industry peers.
- MU's Profit Margin has improved in the last couple of years.
- The Operating Margin of MU (32.68%) is better than 91.15% of its industry peers.
- MU's Operating Margin has improved in the last couple of years.
- MU has a Gross Margin (45.31%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of MU has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.68% | ||
| PM (TTM) | 28.15% | ||
| GM | 45.31% |
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
- MU has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, MU has more shares outstanding
- The number of shares outstanding for MU has been increased compared to 5 years ago.
- The debt/assets ratio for MU has been reduced compared to a year ago.
2.2 Solvency
- MU has an Altman-Z score of 12.97. This indicates that MU is financially healthy and has little risk of bankruptcy at the moment.
- MU has a better Altman-Z score (12.97) than 76.11% of its industry peers.
- The Debt to FCF ratio of MU is 2.53, which is a good value as it means it would take MU, 2.53 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.53, MU is in the better half of the industry, outperforming 65.49% of the companies in the same industry.
- A Debt/Equity ratio of 0.19 indicates that MU is not too dependend on debt financing.
- MU has a Debt to Equity ratio (0.19) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.53 | ||
| Altman-Z | 12.97 |
ROIC/WACC1.31
WACC10.85%
2.3 Liquidity
- MU has a Current Ratio of 2.46. This indicates that MU is financially healthy and has no problem in meeting its short term obligations.
- MU's Current ratio of 2.46 is in line compared to the rest of the industry. MU outperforms 41.59% of its industry peers.
- MU has a Quick Ratio of 1.78. This is a normal value and indicates that MU is financially healthy and should not expect problems in meeting its short term obligations.
- MU's Quick ratio of 1.78 is on the low side compared to the rest of the industry. MU is outperformed by 61.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
- MU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 181.30%, 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
- MU shows a strong growth in Revenue. In the last year, the Revenue has grown by 45.43%.
- Measured over the past years, MU shows a quite strong growth in Revenue. The Revenue has been growing by 11.76% on average per year.
EPS 1Y (TTM)181.3%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%167.04%
Revenue 1Y (TTM)45.43%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%56.65%
3.2 Future
- MU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.31% yearly.
- Based on estimates for the next years, MU will show a quite strong growth in Revenue. The Revenue will grow by 15.11% on average per year.
EPS Next Y313.37%
EPS Next 2Y133.56%
EPS Next 3Y71.64%
EPS Next 5Y19.31%
Revenue Next Year103.71%
Revenue Next 2Y60.77%
Revenue Next 3Y38.81%
Revenue Next 5Y15.11%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- 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 36.78, MU can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, MU is valued a bit cheaper than the industry average as 76.11% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, MU is valued a bit more expensive.
- Based on the Price/Forward Earnings ratio of 9.17, the valuation of MU can be described as reasonable.
- MU's Price/Forward Earnings ratio is rather cheap when compared to the industry. MU is cheaper than 99.11% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, MU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.78 | ||
| Fwd PE | 9.17 |
4.2 Price Multiples
- 74.34% of the companies in the same industry are more expensive than MU, based on the Enterprise Value to EBITDA ratio.
- MU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 100.36 | ||
| EV/EBITDA | 21.97 |
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.
- MU has an outstanding profitability rating, which may justify a higher PE ratio.
- MU's earnings are expected to grow with 71.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)1.53
EPS Next 2Y133.56%
EPS Next 3Y71.64%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.12%, MU is not a good candidate for dividend investing.
- MU's Dividend Yield is a higher than the industry average which is at 0.49.
- Compared to an average S&P500 Dividend Yield of 1.82, MU's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
5.2 History
- On average, the dividend of MU grows each year by 44.19%, which is quite nice.
- MU has been paying a dividend for at least 10 years, so it has a reliable track record.
- MU has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)44.19%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 4.41% of the earnings are spent on dividend by MU. This is a low number and sustainable payout ratio.
- The dividend of MU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP4.41%
EPS Next 2Y133.56%
EPS Next 3Y71.64%
MICRON TECHNOLOGY INC / MU FAQ
What is the ChartMill fundamental rating of MICRON TECHNOLOGY INC (MU) stock?
ChartMill assigns a fundamental rating of 7 / 10 to MU.
Can you provide the valuation status for MICRON TECHNOLOGY INC?
ChartMill assigns a valuation rating of 6 / 10 to MICRON TECHNOLOGY INC (MU). This can be considered as Fairly Valued.
Can you provide the profitability details for MICRON TECHNOLOGY INC?
MICRON TECHNOLOGY INC (MU) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for MU stock?
The Earnings per Share (EPS) of MICRON TECHNOLOGY INC (MU) is expected to grow by 313.37% in the next year.
Can you provide the dividend sustainability for MU stock?
The dividend rating of MICRON TECHNOLOGY INC (MU) is 5 / 10 and the dividend payout ratio is 4.41%.