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11.59 (1y: +89%)
Market Cap 11.73 B P/E(ttm)
Enterprise Value 13.16 B P/B 1.54
MU- NAS (USA)
Micron Technology, Inc.
  • Currently 2/5
Business Predictability Rank: 2-Star (On Watch)
Back Testing Results:
Average gain of all 2-Star stocks: 6% per year.
% of Stocks that are in still loss if held for 10yrs: 16%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$11.59
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.784
MU's Cash to Debt is ranked lower than
76% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 7.13 vs. MU: 0.784 )
MU' s 10-Year Cash to Debt Range
Min: 0.48   Max: 5.39
Current: 0.78
0.48
5.39
Equity to Asset 0.512
MU's Equity to Asset is ranked lower than
63% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.59 vs. MU: 0.512 )
MU' s 10-Year Equity to Asset Range
Min: 0.38   Max: 0.83
Current: 0.51
0.38
0.83
F-Score: 2
Z-Score: 1.45
M-Score: -3.1
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) -7.50
MU's Operating margin (%) is ranked lower than
73% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 2.50 vs. MU: -7.50 )
MU' s 10-Year Operating margin (%) Range
Min: -39.6   Max: 31.3
Current: -7.5
-39.6
31.3
Net-margin (%) -12.5
MU's Net-margin (%) is ranked lower than
75% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.50 vs. MU: -12.5 )
MU' s 10-Year Net-margin (%) Range
Min: -41.2   Max: 21.8
Current: -12.5
-41.2
21.8
ROE (%) -13.4
MU's ROE (%) is ranked lower than
76% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 2.00 vs. MU: -13.4 )
MU' s 10-Year ROE (%) Range
Min: -39.4   Max: 23.4
Current: -13.4
-39.4
23.4
ROA (%) -7.2
MU's ROA (%) is ranked lower than
74% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.20 vs. MU: -7.2 )
MU' s 10-Year ROA (%) Range
Min: -17.8   Max: 15.6
Current: -7.2
-17.8
15.6
ROC (Joel Greenblatt) (%) -7.50
MU's ROC (Joel Greenblatt) (%) is ranked lower than
72% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 5.30 vs. MU: -7.50 )
MU' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -25.1   Max: 45
Current: -7.5
-25.1
45
Revenue Growth (%) 8.5
MU's Revenue Growth (%) is ranked higher than
79% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 8.5 )
MU' s 10-Year Revenue Growth (%) Range
Min: -19.5   Max: 12.8
Current: 8.5
-19.5
12.8
EBITDA Growth (%) 27.7
MU's EBITDA Growth (%) is ranked higher than
94% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 27.7 )
MU' s 10-Year EBITDA Growth (%) Range
Min: -70.7   Max: 173.9
Current: 27.7
-70.7
173.9
ยป MU's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

MU Guru Trades in Q2 2012

Jim Simons 186,600 sh (New)
Bruce Kovner 41,589 sh (New)
Steven Cohen 32,502,525 sh (+268.43%)
Paul Tudor Jones 200,000 sh (+151.89%)
Donald Smith 23,157,000 sh (+5%)
Louis Moore Bacon Sold Out
PRIMECAP Management 31,875,627 sh (-1.78%)
George Soros 200,000 sh (-71.43%)
» More
Q3 2012

MU Guru Trades in Q3 2012

Jim Simons 1,177,436 sh (+530.99%)
George Soros 366,666 sh (+83.33%)
Donald Smith 23,169,508 sh (+0.05%)
Paul Tudor Jones Sold Out
Bruce Kovner Sold Out
PRIMECAP Management 31,734,027 sh (-0.44%)
Steven Cohen 6,076,162 sh (-81.31%)
» More
Q4 2012

MU Guru Trades in Q4 2012

Arnold Schneider 500,000 sh (New)
Jim Simons 8,349,036 sh (+609.09%)
George Soros 1,366,666 sh (+272.73%)
Donald Smith 24,163,605 sh (+4.29%)
George Soros 1,355,000 sh (unchged)
PRIMECAP Management 31,718,427 sh (-0.05%)
Steven Cohen 4,721,531 sh (-22.29%)
» More
Q1 2013

MU Guru Trades in Q1 2013

Bruce Kovner 800,000 sh (New)
Robert Karr 8,536,697 sh (New)
Steven Cohen 18,881,594 sh (+299.9%)
Donald Smith 26,228,840 sh (+8.55%)
PRIMECAP Management 33,028,281 sh (+4.13%)
Paul Singer 100,000 sh (unchged)
Jim Simons Sold Out
Arnold Schneider Sold Out
George Soros 500,000 sh (-63.41%)
» More
» Details

Insider Trades

Latest Guru Trades with MU

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Donald Smith 2013-03-31 Add 8.55%0.45%$6.34 - $10.04 $ 11.5941%26228840
George Soros 2013-03-31 Reduce -63.41%0.06%$6.34 - $10.04 $ 11.5941%500000
Donald Smith 2012-12-31 Add 4.29%0.18%$5.17 - $6.85 $ 11.5995%24163605
George Soros 2012-12-31 Add 272.73%0.07%$5.17 - $6.85 $ 11.5995%1366666
George Soros 2012-09-30 Add 83.33%0.02%$5.62 - $6.9 $ 11.5983%366666
Donald Smith 2012-06-30 Add 5%0.21%$5.46 - $8.12 $ 11.5982%23157000
George Soros 2012-06-30 Reduce -71.43%0.06%$5.46 - $8.12 $ 11.5982%200000
George Soros 2012-03-31 New Buy0.08%$6.99 - $8.88 $ 11.5954%700000
George Soros 2011-12-31 Sold Out 0.08%$4.33 - $6.74 $ 11.59105%0
Ray Dalio 2011-12-31 Sold Out 0.0036%$4.33 - $6.74 $ 11.59105%0
Donald Smith 2011-09-30 Add 42.25%1.23%$5.25 - $8.09 $ 11.5973%22463503
George Soros 2011-09-30 Add 10107.9%0.08%$5.25 - $8.09 $ 11.5973%908500
Joel Greenblatt 2011-09-30 Sold Out 0.0239%$5.25 - $8.09 $ 11.5973%0
Ray Dalio 2011-09-30 New Buy$5.25 - $8.09 $ 11.5974%47802
George Soros 2011-06-30 Reduce -98.59%0.11%$7.21 - $11.795 $ 11.5918%8900
John Keeley 2011-06-30 Sold Out 0.03%$7.21 - $11.795 $ 11.5918%0
Joel Greenblatt 2011-06-30 New Buy0.02%$7.21 - $11.795 $ 11.5918%22893
George Soros 2011-03-31 Add 177.16%0.06%$8.02 - $11.8 $ 11.5911%629700
John Keeley 2011-03-31 New Buy0.03%$8.02 - $11.8 $ 11.5911%180000
Joel Greenblatt 2011-03-31 Sold Out $8.02 - $11.8 $ 11.5911%0
Joel Greenblatt 2010-12-31 New Buy0.15%$6.93 - $8.655 $ 11.5949%58312
George Soros 2010-12-31 Add 427.15%0.02%$6.93 - $8.655 $ 11.5949%227200
David Dreman 2010-12-31 Sold Out $6.93 - $8.655 $ 11.5949%0
Donald Smith 2010-09-30 Add 53.08%1.44%$6.4585 - $8.89 $ 11.5954%15821616
George Soros 2010-09-30 Reduce -52.32%$6.4585 - $8.89 $ 11.5954%43100
George Soros 2010-06-30 Add 721.82%0.02%$8.38 - $11.18 $ 11.5920%90400
Charles Brandes 2010-03-31 Sold Out 0.83%$8.44 - $11.22 $ 11.5919%0
David Dreman 2010-03-31 New Buy0.01%$8.44 - $11.22 $ 11.5919%25360
George Soros 2010-03-31 New Buy$8.44 - $11.22 $ 11.5919%11000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 1.54
MU's P/B is ranked higher than
50% of the 707 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.40 vs. MU: 1.54 )
MU' s 10-Year P/B Range
Min: 0.26   Max: 10.29
Current: 1.54
0.26
10.29
P/S 1.45
MU's P/S is ranked lower than
53% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.30 vs. MU: 1.45 )
MU' s 10-Year P/S Range
Min: 0.25   Max: 9.64
Current: 1.45
0.25
9.64
PFCF 48.29
MU's PFCF is ranked lower than
82% of the 409 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 17.13 vs. MU: 48.29 )
MU' s 10-Year PFCF Range
Min: 2.77   Max: 541.5
Current: 48.29
2.77
541.5
EV-to-EBIT -25.75
MU's EV-to-EBIT is ranked higher than
50% of the 492 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 16.53 vs. MU: -25.75 )
MU' s 10-Year EV-to-EBIT Range
Min: 4   Max: 565.7
Current: -25.75
4
565.7

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 6.3
MU's Price/Net Current Asset Value is ranked higher than
69% of the 656 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 11.30 vs. MU: 6.3 )
MU' s 10-Year Price/Net Current Asset Value Range
Min: 2.3   Max: 32.3
Current: 6.3
2.3
32.3
Price/Tangible Book 1.5
MU's Price/Tangible Book is ranked lower than
52% of the 699 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.50 vs. MU: 1.5 )
MU' s 10-Year Price/Tangible Book Range
Min: 0.6   Max: 7.9
Current: 1.5
0.6
7.9
Price/DCF (Projected) 2.3
MU's Price/DCF (Projected) is ranked lower than
62% of the 143 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.30 vs. MU: 2.3 )
MU' s 10-Year Price/DCF (Projected) Range
Min: 1   Max: 12.7
Current: 2.3
1
12.7
Price/Median PS Value 1
MU's Price/Median PS Value is ranked higher than
68% of the 658 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.10 vs. MU: 1 )
MU' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 4
Current: 1
0.3
4
Earnings Yield (Greenblatt) 4.20
MU's Earnings Yield (Greenblatt) is ranked higher than
55% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 3.60 vs. MU: 4.20 )
MU' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 25.3
Current: 4.2
0.2
25.3
Forward Rate of Return (Yacktman) 46.09
MU's Forward Rate of Return (Yacktman) is ranked higher than
99% of the 719 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 46.09 )
MU' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -37.9   Max: 24.3
Current: 46.09
-37.9
24.3

Business Description

Micron Technology, Inc. is a Delaware Corporation which was incorporated in 1978. The Company is global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, automotive, industrial, embedded and mobile products. In addition, it manufactures semiconductor components for CMOS image sensors and other semiconductor products. The Company markets its products through its internal sales force, independent sales representatives and distributors primarily to original equipment manufacturers ("OEMs") and retailers located around the world. The Company obtains products from three primary sources: (1) production from its wholly-owned manufacturing facilities, (2) production from its joint venture manufacturing facilities, and (3) to a lesser degree, from third party manufacturers. The Company has four reportable segments: NAND Solutions Group, DRAM Solutions Group, Wireless Solutions Group, and Embedded Solutions Group. NAND Solutions Group includes high-volume NAND Flash products sold into data storage, personal music players and the high-density computing market, as well as NAND Flash products sold to Intel Corporation ("Intel") through IM Flash. DRAM Solutions Group includes DRAM products sold to the PC, consumer electronics, networking and server markets. Wireless Solutions Group includes DRAM, NAND Flash and NOR Flash products, including multi-chip packages, sold to the mobile device market. Embedded Solutions Group includes DRAM, NAND Flash and NOR Flash products sold into automotive and industrial applications, as well as NOR and NAND Flash sold to consumer electronics, networking, PC and server markets. The Company's manufacturing facilities are located in the United States, China, Israel, Italy, Malaysia, Puerto Rico and Singapore. Its semiconductor memory products are offered under the Micron, Lexar, Crucial, SpecTek and Numonyx brand names and private labels. The Company faces intense competition in the semiconductor memory market from a number of companies, including Elpida Memory, Inc.; Samsung Electronics Co., Ltd.; SanDisk Corporation; SK Hynix Inc.; Spansion Inc. and Toshiba Corporation.
Company Website
SEC Reports
Industry: Semiconductor Memory
Compare:CODE, RMBS, RMTR, LEDS, NLST
Traded in other countries:MTE.Germany
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