MUBULLISH

MU EV/EBITDA Analysis

15.2x

Higher than 37% of Technology sector peers

Updated 105h ago·SEC filings & market data

Key Takeaway

EV/EBITDA measures a company's total value (including debt) relative to its cash earnings before interest, taxes, depreciation, and amortization; at 15.3x, Micron trades at 15.3 times its annual EBITDA.

Sector Performance

37th percentile

15.2x

Sector Median

19.1x

Sector Avg

44.5x

Prior Period

15.3x(Aug 2026)

→ Stable

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Deep Analysis

This sits below the technology sector median of 18.9x and places the stock in the 40th percentile among sector peers, meaning it is cheaper than most comparable companies. The metric has been stable over the last 8 quarters, with a year-over-year increase of +5.4% and a quarter-over-quarter decline of -7.1%, showing short-term cooling after a longer upward drift. The combination of a below-median valuation with a stable trend suggests limited downside from multiple compression while leaving room for upside if earnings hold. This level and trend support the overall BULLISH verdict, as the valuation is not stretched relative to peers and the recent quarterly pullback offers a more attractive entry point.

Frequently Asked Questions

What does the EV/EBITDA tell investors about MU?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

How does MU's EV/EBITDA compare to its sector?

MU's EV/EBITDA of 15.2x compares to a Technology sector median of 19.1x, placing it in the 37th percentile.

Who are MU's closest peers by EV/EBITDA?

The closest Technology peers by EV/EBITDA include: AMAT (19.3x), MSFT (18.9x), CRM (18.5x), ADI (24.2x), APH (24.5x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.