Micron Enterprise Value vs Operating Margin Analysis

MU Stock  USD 116.33  5.44  4.47%   
Micron Technology financial indicator trend analysis is infinitely more than just investigating Micron Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Micron Technology is a good investment. Please check the relationship between Micron Technology Enterprise Value and its Operating Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Enterprise Value vs Operating Profit Margin

Enterprise Value vs Operating Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Micron Technology Enterprise Value account and Operating Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between Micron Technology's Enterprise Value and Operating Margin is 0.3. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Operating Margin in the same time period over historical financial statements of Micron Technology, assuming nothing else is changed. The correlation between historical values of Micron Technology's Enterprise Value and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Micron Technology are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Enterprise Value i.e., Micron Technology's Enterprise Value and Operating Margin go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as Micron Technology theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Micron Technology debt, but would also pocket its cash. Enterprise Value is more accurate representation of Micron Technology value than its market capitalization because it takes into account all of Micron Technology existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Operating Profit Margin

Most indicators from Micron Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.At this time, Micron Technology's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 37.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 620.4 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue16.9B17.0B19.5B20.5B
EBITDA16.9B2.7B3.1B3.5B

Micron Technology fundamental ratios Correlations

0.750.780.991.00.140.970.991.00.830.990.480.40.810.95-0.2-0.30.320.990.77-0.350.93-0.240.610.631.0
0.750.470.640.740.750.620.740.750.660.750.050.340.990.84-0.16-0.070.270.750.78-0.070.62-0.490.50.460.74
0.780.470.760.74-0.090.70.80.760.480.790.80.710.480.610.10.10.540.80.480.080.920.130.790.40.73
0.990.640.760.99-0.010.990.970.990.820.980.510.350.720.91-0.22-0.370.280.980.71-0.410.92-0.190.560.630.99
1.00.740.740.990.130.980.981.00.830.990.440.340.810.95-0.24-0.360.290.980.77-0.410.91-0.250.560.621.0
0.140.75-0.09-0.010.13-0.020.110.140.180.14-0.410.070.680.32-0.10.120.030.130.430.170.0-0.530.120.170.13
0.970.620.70.990.98-0.020.950.980.790.960.460.260.70.91-0.29-0.480.230.950.71-0.480.88-0.210.470.660.98
0.990.740.80.970.980.110.950.980.81.00.490.440.790.93-0.13-0.230.370.990.74-0.280.94-0.190.630.520.98
1.00.750.760.991.00.140.980.980.820.990.460.380.810.95-0.22-0.340.310.990.77-0.380.92-0.240.580.641.0
0.830.660.480.820.830.180.790.80.820.820.210.30.740.85-0.29-0.18-0.040.820.73-0.50.72-0.40.520.50.83
0.990.750.790.980.990.140.961.00.990.820.480.440.810.95-0.15-0.260.371.00.76-0.280.94-0.220.630.590.99
0.480.050.80.510.44-0.410.460.490.460.210.480.690.060.210.30.180.440.510.170.060.650.340.660.250.43
0.40.340.710.350.340.070.260.440.380.30.440.690.30.290.420.560.530.460.250.390.590.140.950.280.33
0.810.990.480.720.810.680.70.790.810.740.810.060.30.89-0.23-0.170.210.80.81-0.20.67-0.490.490.510.8
0.950.840.610.910.950.320.910.930.950.850.950.210.290.89-0.29-0.320.220.940.83-0.330.83-0.440.510.60.95
-0.2-0.160.1-0.22-0.24-0.1-0.29-0.13-0.22-0.29-0.150.30.42-0.23-0.290.570.74-0.16-0.080.54-0.070.080.23-0.28-0.24
-0.3-0.070.1-0.37-0.360.12-0.48-0.23-0.34-0.18-0.260.180.56-0.17-0.320.570.25-0.23-0.260.67-0.070.240.4-0.5-0.37
0.320.270.540.280.290.030.230.370.31-0.040.370.440.530.210.220.740.250.340.280.480.40.020.460.130.28
0.990.750.80.980.980.130.950.990.990.821.00.510.460.80.94-0.16-0.230.340.76-0.270.94-0.230.650.590.98
0.770.780.480.710.770.430.710.740.770.730.760.170.250.810.83-0.08-0.260.280.76-0.220.63-0.780.420.520.76
-0.35-0.070.08-0.41-0.410.17-0.48-0.28-0.38-0.5-0.280.060.39-0.2-0.330.540.670.48-0.27-0.22-0.190.130.18-0.26-0.41
0.930.620.920.920.910.00.880.940.920.720.940.650.590.670.83-0.07-0.070.40.940.63-0.19-0.040.740.480.91
-0.24-0.490.13-0.19-0.25-0.53-0.21-0.19-0.24-0.4-0.220.340.14-0.49-0.440.080.240.02-0.23-0.780.13-0.040.04-0.28-0.25
0.610.50.790.560.560.120.470.630.580.520.630.660.950.490.510.230.40.460.650.420.180.740.040.390.55
0.630.460.40.630.620.170.660.520.640.50.590.250.280.510.6-0.28-0.50.130.590.52-0.260.48-0.280.390.62
1.00.740.730.991.00.130.980.981.00.830.990.430.330.80.95-0.24-0.370.280.980.76-0.410.91-0.250.550.62
Click cells to compare fundamentals

Micron Technology Account Relationship Matchups

Micron Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.7B58.8B66.3B64.3B73.9B77.6B
Short Long Term Debt Total7.2B7.3B7.5B13.9B16.0B16.8B
Total Current Liabilities6.6B6.4B7.5B4.8B5.5B5.8B
Total Stockholder Equity39.0B43.9B49.9B44.1B50.7B53.3B
Property Plant And Equipment Net31.6B33.8B39.2B38.6B44.4B46.6B
Net Debt(448M)(483M)(746M)5.4B6.2B6.5B
Retained Earnings33.4B39.1B47.3B40.8B46.9B49.3B
Cash7.6B7.8B8.3B8.6B9.9B10.4B
Non Current Assets Total35.7B38.9B44.5B43.0B49.5B51.9B
Non Currrent Assets Other781M1.1B1.3B1.3B1.5B1.5B
Cash And Short Term Investments8.1B8.6B9.3B9.6B11.0B11.6B
Net Receivables3.9B5.3B5.1B2.4B2.8B1.6B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.3B783.8M
Liabilities And Stockholders Equity53.7B58.8B66.3B64.3B73.9B77.6B
Non Current Liabilities Total8.0B8.5B8.8B15.4B17.7B18.6B
Inventory5.6B4.5B6.7B8.4B9.6B10.1B
Other Current Assets304M502M644M820M943M859.6M
Other Stockholder Equity5.4B4.8B3.1B3.5B4.0B4.5B
Total Liab14.7B14.9B16.4B20.1B23.2B24.3B
Total Current Assets18.0B19.9B21.8B21.2B24.4B25.7B
Other Current Liab548M944M5.3B4.5B5.2B5.4B
Short Term Debt270M155M103M278M319.7M383.4M
Accounts Payable2.2B1.7B2.1B1.7B2.0B2.1B
Current Deferred Revenue1.6B3.6B3.6B(1.7B)(2.0B)(1.9B)
Common Stock Total Equity118M119M122M123M141.5M89.5M
Short Term Investments518M870M1.1B1.0B1.2B684.0M
Property Plant And Equipment Gross31.6B33.8B39.2B38.6B44.4B46.6B
Accumulated Other Comprehensive Income71M2M(560M)(312M)(358.8M)(340.9M)
Intangible Assets334M349M421M404M464.6M329.0M
Common Stock119M122M123M124M142.6M86.4M
Other Liab1.1B1.4B1.4B1.7B2.0B2.1B
Other Assets1.5B1.8B2.0B1.8B2.1B2.2B
Long Term Debt6.0B6.6B6.8B13.1B15.0B15.8B
Property Plant Equipment31.6B33.8B39.2B38.6B44.4B46.6B
Net Tangible Assets37.4B42.4B48.3B42.6B49.0B26.3B
Retained Earnings Total Equity24.4B30.8B39.1B47.3B54.4B57.1B

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.46
Earnings Share
(3.43)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.