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MU - Micron Technology, I...

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Micron Technology, Inc.

MU

NASDAQ

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

64.72 USD

-9.62 (-14.86%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

21.43B

27.7B

30.76B

15.54B

25.11B

28.4B

32.12B

36.32B

41.08B

46.46B

Revenue %

-

29.25

11.02

-49.48

61.59

13.1

13.1

13.1

13.1

Ebitda

8.83B

12.62B

16.88B

2.49B

9.58B

11.12B

12.57B

14.22B

16.08B

18.19B

Ebitda %

41.18

45.53

54.87

16

38.16

39.15

39.15

39.15

39.15

Ebit

3.18B

6.4B

9.76B

-5.27B

1.8B

2.44B

2.76B

3.12B

3.53B

3.99B

Ebit %

14.82

23.1

31.73

-33.91

7.18

8.58

8.58

8.58

8.58

Depreciation

5.65B

6.21B

7.12B

7.76B

7.78B

8.68B

9.82B

11.1B

12.56B

14.2B

Depreciation %

26.36

22.43

23.14

49.91

30.98

30.56

30.56

30.56

30.56

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

8.14B

8.63B

9.33B

9.59B

8.11B

10.99B

12.43B

14.06B

15.9B

17.98B

Total Cash %

37.98

31.16

30.34

61.74

32.28

38.7

38.7

38.7

38.7

Receivables

3.91B

5.31B

5.13B

2.44B

6.62B

5.46B

6.18B

6.99B

7.9B

8.94B

Receivables %

18.25

19.17

16.68

15.72

26.34

19.23

19.23

19.23

19.23

Inventories

5.61B

4.49B

6.66B

8.39B

8.88B

8.71B

9.85B

11.14B

12.6B

14.25B

Inventories %

26.16

16.2

21.66

53.97

35.34

30.67

30.67

30.67

30.67

Payable

2.19B

1.74B

2.14B

1.73B

2.73B

2.58B

2.92B

3.3B

3.73B

4.22B

Payable %

10.22

6.29

6.96

11.1

10.86

9.09

9.09

9.09

9.09

Cap Ex

-8.22B

-10.03B

-12.07B

-7.68B

-8.39B

-11.17B

-12.63B

-14.28B

-16.15B

-18.27B

Cap Ex %

-38.36

-36.2

-39.23

-49.4

-33.4

-39.32

-39.32

-39.32

-39.32

Weighted Average Cost Of Capital

Price

64.72

Beta

Diluted Shares Outstanding

1.12B

Costof Debt

4.01

Tax Rate

After Tax Cost Of Debt

2.52

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

14.01B

Total Equity

72.36B

Total Capital

86.36B

Debt Weighting

16.22

Equity Weighting

83.78

Wacc

8.36

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

21.43B

27.7B

30.76B

15.54B

25.11B

28.4B

32.12B

36.32B

41.08B

46.46B

Ebitda

8.83B

12.62B

16.88B

2.49B

9.58B

11.12B

12.57B

14.22B

16.08B

18.19B

Ebit

3.18B

6.4B

9.76B

-5.27B

1.8B

2.44B

2.76B

3.12B

3.53B

3.99B

Tax Rate

37.26

37.26

37.26

37.26

37.26

37.26

37.26

37.26

37.26

37.26

Ebiat

2.86B

6.03B

8.86B

-5.43B

1.13B

2.13B

2.41B

2.73B

3.09B

3.49B

Depreciation

5.65B

6.21B

7.12B

7.76B

7.78B

8.68B

9.82B

11.1B

12.56B

14.2B

Receivables

3.91B

5.31B

5.13B

2.44B

6.62B

5.46B

6.18B

6.99B

7.9B

8.94B

Inventories

5.61B

4.49B

6.66B

8.39B

8.88B

8.71B

9.85B

11.14B

12.6B

14.25B

Payable

2.19B

1.74B

2.14B

1.73B

2.73B

2.58B

2.92B

3.3B

3.73B

4.22B

Cap Ex

-8.22B

-10.03B

-12.07B

-7.68B

-8.39B

-11.17B

-12.63B

-14.28B

-16.15B

-18.27B

Ufcf

-7.04B

1.49B

2.31B

-4.81B

-3.13B

822.38M

-1.92B

-2.17B

-2.45B

-2.77B

Wacc

8.36

8.36

8.36

8.36

8.36

Pv Ufcf

758.93M

-1.63B

-1.7B

-1.78B

-1.85B

Sum Pv Ufcf

-6.21B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

8.36

Free Cash Flow T1

-2.83B

Terminal Value

-44.4B

Present Terminal Value

-29.71B

Intrinsic Value

Enterprise Value

-35.92B

Net Debt

6.97B

Equity Value

-42.89B

Diluted Shares Outstanding

1.12B

Equity Value Per Share

-38.36

Projected DCF

-38.36 2.687%

DCF Levered

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