MU (Micron Technology) EV-to-EBITDA: 13.75 (As of Jul. 18, 2026) — 100% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MU Micron Technology Inc MU
80 GF Score
Price $848.95
GF Value $516.47
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Micron Technology EV-to-EBITDA?

Micron Technology MU -0.50% 80 EV-to-EBITDA is 13.75 as of Jul. 18, 2026, which is 100% above its 10-year median of 6.89. GuruFocus rates MU with a GF Score™ of 80/100 and a GF Value™ of $516.47 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 748 Semiconductors companies, Micron Technology ranks better than 70.99% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Micron Technology's enterprise value is $939,152 Mil. Micron Technology's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $68,305 Mil. Therefore, Micron Technology's EV-to-EBITDA for today is 13.75.

The historical rank and industry rank for Micron Technology's EV-to-EBITDA or its related term are showing as below:

MU' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.71   Med: 6.89   Max: 69.36
Current: 13.75

During the past 13 years, the highest EV-to-EBITDA of Micron Technology was 69.36. The lowest was 1.71. And the median was 6.89.

MU's EV-to-EBITDA is ranked better than
70.99% of 748 companies
in the Semiconductors industry
Industry Median: 26.69 vs MU: 13.75

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-18), Micron Technology's stock price is $848.95. Micron Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $44.170. Therefore, Micron Technology's PE Ratio (TTM) for today is 19.22.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Micron Technology  (NAS:MU) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Micron Technology's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=848.95/44.170
=19.22

Micron Technology's share price for today is $848.95.
Micron Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.170.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Micron Technology EV-to-EBITDA Related Terms


Micron Technology EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Micron Technology's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Micron Technology EV-to-EBITDA Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.43 3.56 32.64 11.75 7.49

Micron Technology Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.85 7.49 11.91 12.45 15.77

MU vs AMD, AVGO, INTC: EV-to-EBITDA Comparison

For the Semiconductors subindustry, Micron Technology's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Micron Technology EV-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Micron Technology's EV-to-EBITDA falls into.


MU
80GF Score
Micron Technology Inc MU
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micron Technology EV-to-EBITDA Calculation

Micron Technology's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=939152.316/68305
=13.75

Micron Technology's current Enterprise Value is $939,152 Mil.
Micron Technology's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $68,305 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 13.75 mean?
Micron Technology (MU) has a EV-to-EBITDA of 13.75 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Micron Technology. This is 100% above median its historical median of 6.89. Over the past decade, Micron Technology's EV-to-EBITDA has ranged from 1.71 to 69.36. According to the industry distribution chart, Micron Technology ranks #217 out of 748 companies in the Semiconductors industry, placing it in the top 29%.
Is Micron Technology's EV-to-EBITDA too high?
Micron Technology's current EV-to-EBITDA of 13.75 is 100% above median its 10-year median of 6.89. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 69.36. The Semiconductors industry median EV-to-EBITDA is 26.69. Micron Technology's value of 13.75 is 48.5% below this industry median. Based on the distribution chart, Micron Technology ranks #217 out of 748 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micron Technology has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's EV-to-EBITDA compare to AMD and AVGO?
According to the Semiconductors industry distribution chart, Micron Technology ranks #217 out of 748 companies for EV-to-EBITDA. This puts Micron Technology in the upper half of its industry. The industry median EV-to-EBITDA is 26.69. Micron Technology's value of 13.75 is 48.5% below this benchmark. Historically, Micron Technology's own EV-to-EBITDA has ranged from 1.71 to 69.36 over the past decade. While the company's 10-year median is 6.89 vs. the industry median of 26.69, Micron Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 26.69, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current EV-to-EBITDA of 13.75 is 48.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Micron Technology. For the Semiconductors industry, the median EV-to-EBITDA is 26.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current EV-to-EBITDA is 13.75, which is 100% above median its own 10-year median of 6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MU) is currently considered Significantly Overvalued. The stock's GF Value™ is $516.47, compared to a current price of $848.95 — trading 64.4% above its estimated fair value. The current EV-to-EBITDA is 13.75, which is 100% above median its 10-year median of 6.89 and 48.5% below the Semiconductors industry median of 26.69. Micron Technology's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Micron Technology (MU), the current EV-to-EBITDA is 13.75 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Micron Technology (MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of $848.95 is trading 64.4% above its estimated GF Value™ of $516.47. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MU:

  • EV-to-EBITDA: 13.75 (100% above median its 10-year median of 6.89)
  • GF Value™: $516.47 vs. price of $848.95 (64.4% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 48.5% below the Semiconductors median (#217 of 748)

No single metric tells the full story. See the MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
80GF Score

Get the complete analysis for MU

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$848.95
Price
$516.47
GF Value