437.8 USD
+22.92 (+5.52%)
At close: Feb 2, 2026
440.53 USD
+2.73 (+0.62%)
Pre-Market: 2/3/2026, 6:07:42 AM
We assign a fundamental rating of 7 out of 10 to MU. MU was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While MU belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MU is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes MU very considerable 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.
- MU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of MU (13.85%) is better than 86.73% of its industry peers.
- With an excellent Return On Equity value of 20.25%, MU belongs to the best of the industry, outperforming 85.84% of the companies in the same industry.
- MU has a better Return On Invested Capital (14.22%) than 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
- MU has a better Profit Margin (28.15%) than 86.73% of its industry peers.
- MU's Profit Margin has improved in the last couple of years.
- MU has a better Operating Margin (32.68%) than 91.15% of its industry peers.
- In the last couple of years the Operating Margin of MU has grown nicely.
- Looking at the Gross Margin, with a value of 45.31%, MU is in line with its industry, outperforming 53.10% of the companies in the same 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.
- MU has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for MU has been increased compared to 5 years ago.
- MU has a better debt/assets ratio than last year.
2.2 Solvency
- MU has an Altman-Z score of 13.02. This indicates that MU is financially healthy and has little risk of bankruptcy at the moment.
- MU has a Altman-Z score of 13.02. This is in the better half of the industry: MU outperforms 77.88% 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.
- The Debt to FCF ratio of MU (2.53) is better than 64.60% of its industry peers.
- MU has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.19, MU perfoms like the industry average, outperforming 47.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.53 | ||
| Altman-Z | 13.02 |
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.
- With a Current ratio value of 2.46, MU perfoms like the industry average, outperforming 41.59% of the companies in the same industry.
- 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.
- The Quick ratio of MU (1.78) is worse than 61.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 181.30% over the past year.
- MU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.98% yearly.
- Looking at the last year, MU shows a very strong growth in Revenue. 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.
- 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
- MU is valuated quite expensively with a Price/Earnings ratio of 38.81.
- Based on the Price/Earnings ratio, MU is valued a bit cheaper than 75.22% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.41. MU is valued slightly more expensive when compared to this.
- With a Price/Forward Earnings ratio of 9.68, the valuation of MU can be described as very reasonable.
- 99.11% of the companies in the same industry are more expensive than MU, based on the Price/Forward Earnings ratio.
- MU is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.81 | ||
| Fwd PE | 9.68 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MU is valued a bit cheaper than 73.45% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as MU.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 105.91 | ||
| EV/EBITDA | 22.07 |
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.
- The excellent profitability rating of MU may justify a higher PE ratio.
- A more expensive valuation may be justified as MU's earnings are expected to grow with 71.64% in the coming years.
PEG (NY)0.12
PEG (5Y)1.62
EPS Next 2Y133.56%
EPS Next 3Y71.64%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.11%, MU is not a good candidate for dividend investing.
- MU's Dividend Yield is a higher than the industry average which is at 0.50.
- Compared to an average S&P500 Dividend Yield of 1.83, MU's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.11% |
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
- MU pays out 4.41% of its income as dividend. This is a 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%
437.8
+22.92 (+5.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)12-17 2025-12-17/amc
Earnings (Next)03-18 2026-03-18/amc
Inst Owners82.91%
Inst Owner Change-1.77%
Ins Owners0.22%
Ins Owner Change2.35%
Market Cap492.68B
Revenue(TTM)42.31B
Net Income(TTM)11.91B
Analysts83.46
Price Target319.81 (-26.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.11% |
Yearly Dividend0.47
Dividend Growth(5Y)44.19%
DP4.41%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.12%
Min EPS beat(2)2.85%
Max EPS beat(2)17.39%
EPS beat(4)4
Avg EPS beat(4)10.61%
Min EPS beat(4)2.85%
Max EPS beat(4)17.39%
EPS beat(8)8
Avg EPS beat(8)40.89%
EPS beat(12)12
Avg EPS beat(12)32.69%
EPS beat(16)15
Avg EPS beat(16)13.99%
Revenue beat(2)1
Avg Revenue beat(2)0.51%
Min Revenue beat(2)-2.11%
Max Revenue beat(2)3.12%
Revenue beat(4)2
Avg Revenue beat(4)0.46%
Min Revenue beat(4)-2.11%
Max Revenue beat(4)3.12%
Revenue beat(8)3
Avg Revenue beat(8)0.28%
Revenue beat(12)3
Avg Revenue beat(12)-0.22%
Revenue beat(16)4
Avg Revenue beat(16)-0.74%
PT rev (1m)8.48%
PT rev (3m)80.46%
EPS NQ rev (1m)0.45%
EPS NQ rev (3m)112.33%
EPS NY rev (1m)15.58%
EPS NY rev (3m)100.8%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)44.47%
Revenue NY rev (1m)10%
Revenue NY rev (3m)40.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.81 | ||
| Fwd PE | 9.68 | ||
| P/S | 11.64 | ||
| P/FCF | 105.91 | ||
| P/OCF | 21.71 | ||
| P/B | 8.38 | ||
| P/tB | 8.61 | ||
| EV/EBITDA | 22.07 |
EPS(TTM)11.28
EY2.58%
EPS(NY)45.22
Fwd EY10.33%
FCF(TTM)4.13
FCFY0.94%
OCF(TTM)20.16
OCFY4.61%
SpS37.6
BVpS52.26
TBVpS50.82
PEG (NY)0.12
PEG (5Y)1.62
Graham Number115.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.85% | ||
| ROE | 20.25% | ||
| ROCE | 18.71% | ||
| ROIC | 14.22% | ||
| ROICexc | 16.52% | ||
| ROICexgc | 16.95% | ||
| OM | 32.68% | ||
| PM (TTM) | 28.15% | ||
| GM | 45.31% | ||
| FCFM | 10.99% |
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 Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.53 | ||
| Debt/EBITDA | 0.5 | ||
| Cap/Depr | 211.39% | ||
| Cap/Sales | 42.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.48% | ||
| Profit Quality | 39.06% | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 13.02 |
F-Score7
WACC10.85%
ROIC/WACC1.31
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)181.3%
EPS 3Y-0.2%
EPS 5Y23.98%
EPS Q2Q%167.04%
EPS Next Y313.37%
EPS Next 2Y133.56%
EPS Next 3Y71.64%
EPS Next 5Y19.31%
Revenue 1Y (TTM)45.43%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%56.65%
Revenue Next Year103.71%
Revenue Next 2Y60.77%
Revenue Next 3Y38.81%
Revenue Next 5Y15.11%
EBIT growth 1Y216.87%
EBIT growth 3Y0.54%
EBIT growth 5Y26.38%
EBIT Next Year439.62%
EBIT Next 3Y89.48%
EBIT Next 5Y34.79%
FCF growth 1Y192.93%
FCF growth 3Y-18.79%
FCF growth 5Y82.23%
OCF growth 1Y1025.04%
OCF growth 3Y4.9%
OCF growth 5Y16.11%
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%.