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
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 has a great profitability rating, 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! These ratings could make MU a good candidate 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.
- 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.
- MU has a Return On Equity of 20.25%. This is amongst the best in the industry. MU outperforms 85.84% of its industry peers.
- MU's Return On Invested Capital of 14.22% is amongst the best of 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
- MU has a better Profit Margin (28.15%) than 86.73% of its industry peers.
- In the last couple of years the Profit Margin of MU has grown nicely.
- 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.
- 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
- 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
- MU has a better debt/assets ratio than last year.
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.
- With a decent Altman-Z score value of 12.97, MU is doing good in the industry, outperforming 76.11% 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.
- With a decent Debt to FCF ratio value of 2.53, MU is doing good in 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 comparable to the rest of the industry.
| 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.
- 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.
- Looking at the Quick ratio, with a value of 1.78, MU is doing worse than 61.95% of the companies in the same industry.
| 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.
- MU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.98% yearly.
- The Revenue has grown by 45.43% in the past year. This is a very strong growth!
- 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
- The Earnings Per Share is expected to grow by 19.31% on average over the next years. This is quite good.
- The Revenue is expected to grow by 15.11% on average over the next years. This is quite good.
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.
- MU's Price/Earnings ratio is a bit cheaper when compared to the industry. MU is cheaper than 76.11% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, MU is valued a bit more expensive.
- With a Price/Forward Earnings ratio of 9.17, the valuation of MU can be described as very reasonable.
- 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's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.78 | ||
| Fwd PE | 9.17 |
4.2 Price Multiples
- MU's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MU is cheaper than 74.34% of the companies in the same industry.
- 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
- MU's 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)1.53
EPS Next 2Y133.56%
EPS Next 3Y71.64%
5. Dividend
5.1 Amount
- MU has a yearly dividend return of 0.12%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.49, MU pays a bit more dividend than its industry peers.
- 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
- The dividend of MU is nicely growing with an annual growth rate of 44.19%!
- 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.
- MU's earnings are growing slower than its dividend. 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%.