Micron Technology EV/EBIT
What is the EV/EBIT of Micron Technology?
The EV/EBIT of Micron Technology Inc. is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Technology sector on NASDAQ compared to Micron Technology
What does Micron Technology do?
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand.
Companies with ev/ebit similar to Micron Technology
- POCL Enterprises has EV/EBIT of N/A
- Boingo Wireless Inc has EV/EBIT of N/A
- AmeraMex International has EV/EBIT of N/A
- EXFO Inc has EV/EBIT of N/A
- Ivanhoe Mines has EV/EBIT of N/A
- Leaf Ltd has EV/EBIT of N/A
- Micron Technology has EV/EBIT of N/A
- Malin plc has EV/EBIT of N/A
- Tucows has EV/EBIT of N/A
- Ravi Kumar Distilleries has EV/EBIT of N/A
- SITI Networks has EV/EBIT of N/A
- Nicco Parks & Resorts has EV/EBIT of N/A
- Colony Capital has EV/EBIT of N/A