Micron Technology Inc. (MU): Price and Financial Metrics

MU POWR Grades

• Value is the dimension where MU ranks best; there it ranks ahead of 80.15% of US stocks.
• MU's strongest trending metric is Growth; it's been moving down over the last 177 days.
• MU ranks lowest in Growth; there it ranks in the 0th percentile.

MU Stock Summary

• MICRON TECHNOLOGY INC's market capitalization of $68,929,622,790 is ahead of 96.88% of US-listed equities.
• MICRON TECHNOLOGY INC's stock had its IPO on May 16, 1989, making it an older stock than 89.84% of US equities in our set.
• Of note is the ratio of MICRON TECHNOLOGY INC's sales and general administrative expense to its total operating expenses; just 10.45% of US stocks have a lower such ratio.
• Stocks with similar financial metrics, market capitalization, and price volatility to MICRON TECHNOLOGY INC are VRTX, LRCX, REGN, MRNA, and AMAT.
• To check out MICRON TECHNOLOGY INC's SEC filings, go to the company's page on browse-edgar?action=getcompany&CIK=0000723125.

MU Valuation Summary

• MU's EV/EBIT ratio is 9.5; this is 52.26% lower than that of the median Technology stock.
• Over the past 243 months, MU's price/earnings ratio has gone up 15.4.

Below are key valuation metrics over time for MU.

MU Growth Metrics

Its year over year net income to common stockholders growth rate is now at 182.26%.
• Its 3 year net cashflow from operations growth rate is now at -15.01%.
• Its 3 year cash and equivalents growth rate is now at 43.49%.

MU's revenue has moved up $7,557,000,000 over the prior 34 months.

The table below shows MU's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	27,156	12,186	6,186
2022-09-30	30,758	15,181	8,687
2022-06-30	32,389	15,288	9,915
2022-03-31	31,169	15,010	9,024
2021-12-31	29,619	14,439	7,364
2021-09-30	27,705	12,468	5,861

MU's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MU has a Quality Grade of B, ranking ahead of 82.98% of graded US stocks.
• MU's asset turnover comes in at 0.498 -- ranking 144th of 208 Electronic Equipment stocks.
• SGH, AXTI, and NVDA are the stocks whose asset turnover ratios are most correlated with MU.

The table below shows MU's key quality metrics over time.