Switch to:
Micron Technology Inc (NAS:MU)
EV/EBIT
6.13 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Micron Technology Inc's enterprise value is $21,811 Mil. Micron Technology Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $3,557 Mil. Therefore, Micron Technology Inc's EV/EBIT ratio for today is 6.13.

MU' s 10-Year EV/EBIT Range
Min: -186.5   Max: 108
Current: 6.16

-186.5
108

During the past 13 years, the highest EV/EBIT Ratio of Micron Technology Inc was 108.00. The lowest was -186.50. And the median was 8.60.

MU's EV/EBITis ranked higher than
83% of the 561 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 12.47 vs. MU: 6.16 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Micron Technology Inc's enterprise value for the quarter that ended in May. 2015 was $33,795 Mil. Micron Technology Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $3,557 Mil. Micron Technology Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 was 10.53%.


Definition

Micron Technology Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=21811.406/3557
=6.13

Micron Technology Inc's current Enterprise Value is $21,811 Mil.
Micron Technology Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was 1033 (Aug. 2014 ) + 1043 (Nov. 2014 ) + 857 (Feb. 2015 ) + 624 (May. 2015 ) = $3,557 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Micron Technology Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2015 )=EBIT (TTM)/Enterprise Value (Q: May. 2015 )
=3557/33795.4122
=10.53 %

Micron Technology Inc's Enterprise Value for the quarter that ended in May. 2015 was $33,795 Mil.
Micron Technology Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was 1033 (Aug. 2014 ) + 1043 (Nov. 2014 ) + 857 (Feb. 2015 ) + 624 (May. 2015 ) = $3,557 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Micron Technology Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
ev2ebit 0.000.000.000.000.000.000.000.000.000.00

Micron Technology Inc Quarterly Data

Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15
ev2ebit -16.24-37.5511.8611.749.328.6312.2711.219.619.50
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK