419.44 USD
-18.36 (-4.19%)
At close: Feb 3, 2026
413.6 USD
-5.84 (-1.39%)
After Hours: 2/3/2026, 8:00:02 PM
Overall MU gets a fundamental rating of 7 out of 10. We evaluated MU against 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 not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make MU a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
- In the past year MU was profitable.
- In the past year MU had a positive cash flow from operations.
- MU had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years MU had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 13.85%, MU belongs to the best of the industry, outperforming 86.73% of the companies in the same industry.
- The Return On Equity of MU (20.25%) is better than 85.84% of its industry peers.
- 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's Profit Margin of 28.15% is amongst the best of the industry. MU outperforms 86.73% of its industry peers.
- In the last couple of years the Profit Margin of MU has grown nicely.
- With an excellent Operating Margin value of 32.68%, MU belongs to the best of the industry, outperforming 91.15% of the companies in the same industry.
- MU's Operating Margin has improved in the last couple of years.
- The Gross Margin of MU (45.31%) is comparable to the rest of the industry.
- MU's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MU is still creating some value.
- Compared to 1 year ago, MU has more shares outstanding
- Compared to 5 years ago, MU has more shares outstanding
- Compared to 1 year ago, MU has an improved debt to assets ratio.
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.
- With a decent Altman-Z score value of 13.02, MU is doing good in the industry, outperforming 77.88% of the companies in the same industry.
- MU has a debt to FCF ratio of 2.53. This is a good value and a sign of high solvency as MU would need 2.53 years to pay back of all of its debts.
- The Debt to FCF ratio of MU (2.53) is better than 64.60% of its industry peers.
- A Debt/Equity ratio of 0.19 indicates that MU is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.19, MU is in line with its industry, 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
WACC10.89%
2.3 Liquidity
- A Current Ratio of 2.46 indicates that MU has no problem at all paying 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.
- A Quick Ratio of 1.78 indicates that MU should not have too much problems paying its short term obligations.
- MU has a worse Quick ratio (1.78) than 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
- Looking at the last year, MU shows a very strong growth in Revenue. The Revenue has grown by 45.43%.
- The Revenue has been growing by 11.76% on average over the past years. This is quite good.
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 37.18, MU can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, MU is valued a bit cheaper than 75.22% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.18, MU is valued a bit more expensive.
- The Price/Forward Earnings ratio is 9.28, which indicates a very decent valuation of MU.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MU indicates a rather cheap valuation: MU is cheaper than 99.11% of the companies listed in the same industry.
- MU is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.18 | ||
| Fwd PE | 9.28 |
4.2 Price Multiples
- 73.45% 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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 101.47 | ||
| EV/EBITDA | 22.07 |
4.3 Compensation for Growth
- MU's 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)1.55
EPS Next 2Y133.56%
EPS Next 3Y71.64%
5. Dividend
5.1 Amount
- MU has a yearly dividend return of 0.11%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.50, MU pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.11, MU pays less dividend than the S&P500 average, which is at 1.83.
| 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 paid a dividend for at least 10 years, which is 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%
419.44
-18.36 (-4.19%)
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 Cap472.02B
Revenue(TTM)42.31B
Net Income(TTM)11.91B
Analysts83.46
Price Target319.81 (-23.75%)
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 | 37.18 | ||
| Fwd PE | 9.28 | ||
| P/S | 11.16 | ||
| P/FCF | 101.47 | ||
| P/OCF | 20.8 | ||
| P/B | 8.03 | ||
| P/tB | 8.25 | ||
| EV/EBITDA | 22.07 |
EPS(TTM)11.28
EY2.69%
EPS(NY)45.22
Fwd EY10.78%
FCF(TTM)4.13
FCFY0.99%
OCF(TTM)20.16
OCFY4.81%
SpS37.6
BVpS52.26
TBVpS50.82
PEG (NY)0.12
PEG (5Y)1.55
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
WACC10.89%
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%.