336.63 USD
+3.28 (+0.98%)
351.7 USD
+15.07 (+4.48%)
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 evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, MU could be worth investigating further for value and 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.
- MU had positive earnings in 4 of the past 5 years.
- 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 has a better Return On Equity (20.25%) than 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
- The Profit Margin of MU (28.15%) is better than 85.84% of its industry peers.
- In the last couple of years the Profit Margin of MU has grown nicely.
- 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.
- With a Gross Margin value of 45.31%, MU perfoms like the industry average, 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.
- Compared to 1 year ago, MU has more shares outstanding
- MU has more shares outstanding than it did 5 years ago.
- MU has a better debt/assets ratio than last year.
2.2 Solvency
- MU has an Altman-Z score of 10.50. This indicates that MU is financially healthy and has little risk of bankruptcy at the moment.
- MU has a better Altman-Z score (10.50) than 70.80% of its industry peers.
- 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.
- 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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.53 | ||
| Altman-Z | 10.5 |
ROIC/WACC1.34
WACC10.63%
2.3 Liquidity
- A Current Ratio of 2.46 indicates that MU has no problem at all paying its short term obligations.
- MU has a Current ratio (2.46) which is in line with 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
- The Earnings Per Share has grown by an impressive 181.30% over the past year.
- Measured over the past years, MU shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.98% on average per year.
- MU shows a strong growth in Revenue. In the last year, the Revenue has grown by 45.43%.
- MU shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.76% yearly.
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
- Based on estimates for the next years, MU will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.31% on average per year.
- MU is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.11% yearly.
EPS Next Y257.63%
EPS Next 2Y109.16%
EPS Next 3Y67.67%
EPS Next 5Y19.31%
Revenue Next Year85.19%
Revenue Next 2Y50.74%
Revenue Next 3Y32.3%
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 29.84.
- Based on the Price/Earnings ratio, MU is valued cheaper than 81.42% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.54. MU is around the same levels.
- A Price/Forward Earnings ratio of 9.28 indicates a reasonable valuation of MU.
- Based on the Price/Forward Earnings ratio, MU is valued cheaply inside the industry as 99.11% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of MU to the average of the S&P500 Index (24.31), we can say MU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.84 | ||
| Fwd PE | 9.28 |
4.2 Price Multiples
- MU's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MU is cheaper than 79.65% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MU is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 81.43 | ||
| EV/EBITDA | 16.98 |
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.
- A more expensive valuation may be justified as MU's earnings are expected to grow with 67.67% in the coming years.
PEG (NY)0.12
PEG (5Y)1.24
EPS Next 2Y109.16%
EPS Next 3Y67.67%
5. Dividend
5.1 Amount
- MU has a yearly dividend return of 0.14%, which is pretty low.
- MU's Dividend Yield is a higher than the industry average which is at 0.53.
- Compared to an average S&P500 Dividend Yield of 1.92, MU's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
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
- 4.41% of the earnings are spent on dividend by MU. This is a low number and sustainable payout ratio.
- MU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP4.41%
EPS Next 2Y109.16%
EPS Next 3Y67.67%
336.63
+3.28 (+0.98%)
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 Change0.5%
Ins Owners0.22%
Ins Owner Change1.87%
Market Cap378.83B
Revenue(TTM)42.31B
Net Income(TTM)11.91B
Analysts83.46
Price Target294.82 (-12.42%)
Short Float %2.24%
Short Ratio0.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
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)32.59%
PT rev (3m)66.35%
EPS NQ rev (1m)104.8%
EPS NQ rev (3m)113.11%
EPS NY rev (1m)68.71%
EPS NY rev (3m)118.83%
Revenue NQ rev (1m)42.5%
Revenue NQ rev (3m)45.08%
Revenue NY rev (1m)25.65%
Revenue NY rev (3m)29.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.84 | ||
| Fwd PE | 9.28 | ||
| P/S | 8.95 | ||
| P/FCF | 81.43 | ||
| P/OCF | 16.69 | ||
| P/B | 6.44 | ||
| P/tB | 6.62 | ||
| EV/EBITDA | 16.98 |
EPS(TTM)11.28
EY3.35%
EPS(NY)36.27
Fwd EY10.77%
FCF(TTM)4.13
FCFY1.23%
OCF(TTM)20.16
OCFY5.99%
SpS37.6
BVpS52.26
TBVpS50.82
PEG (NY)0.12
PEG (5Y)1.24
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 | 10.5 |
F-Score7
WACC10.63%
ROIC/WACC1.34
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 Y257.63%
EPS Next 2Y109.16%
EPS Next 3Y67.67%
EPS Next 5Y19.31%
Revenue 1Y (TTM)45.43%
Revenue growth 3Y6.71%
Revenue growth 5Y11.76%
Sales Q2Q%56.65%
Revenue Next Year85.19%
Revenue Next 2Y50.74%
Revenue Next 3Y32.3%
Revenue Next 5Y15.11%
EBIT growth 1Y216.87%
EBIT growth 3Y0.54%
EBIT growth 5Y26.38%
EBIT Next Year430.9%
EBIT Next 3Y88.13%
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 7 / 10 to MICRON TECHNOLOGY INC (MU). This can be considered as Undervalued.
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 257.63% 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%.