Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Micron Technology's operating assets for the quarter that ended in Feb. 2026 was CHF67,180 Mil. Micron Technology's operating liabilities for the quarter that ended in Feb. 2026 was CHF14,107 Mil. Micron Technology's Total Assets for the quarter that ended in Nov. 2025 was CHF69,095 Mil. Therefore, Micron Technology's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.77.
Micron Technology Scaled Net Operating Assets Related Terms
Micron Technology Scaled Net Operating Assets Historical Data
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The historical data trend for Micron Technology's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart
XSWX:MU vs AMD, INTC, TXN: Scaled Net Operating Assets Comparison
For the Semiconductors subindustry, Micron Technology's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micron Technology's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Micron Technology's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.77 mean?
Micron Technology (XSWX:MU) has a Scaled Net Operating Assets of 0.77 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Micron Technology and its competitors.
Is Micron Technology's Scaled Net Operating Assets too high?
Micron Technology's current Scaled Net Operating Assets is 0.77. Overall, Micron Technology has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's Scaled Net Operating Assets compare to AMD and INTC?
Micron Technology's Scaled Net Operating Assets of 0.77 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Micron Technology and its competitors. Micron Technology's current Scaled Net Operating Assets is 0.77. 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 (XSWX:MU) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF320.31, compared to a current price of CHF851.53 — trading 165.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. Micron Technology's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Micron Technology (XSWX:MU), the current Scaled Net Operating Assets is 0.77 as of Feb. 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 (XSWX:MU) Overvalued in 2026?
Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued.
The current stock price of CHF851.53 is trading 165.8% above its estimated GF Value™ of CHF320.31.
GuruFocus considers Micron Technology to be Significantly Overvalued.
Key valuation signals for XSWX:MU:
Scaled Net Operating Assets: 0.77
GF Value™: CHF320.31 vs. price of CHF851.53 (165.8% above fair value)
No single metric tells the full story. See the XSWX:MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
78GF Score
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