Projected Income Statement: Micron Technology, Inc.

Forecast Balance Sheet: Micron Technology, Inc.

Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -3,688 -4,149 3,736 5,291 4,270 -15,854 -57,962 -1,06,873
Change - -12.5% 190.05% 41.62% -19.3% -471.29% -265.6% -84.38%
Announcement Date 28/09/21 29/09/22 27/09/23 25/09/24 23/09/25 - - -
1USD in Million
Estimates

Cash Flow Forecast: Micron Technology, Inc.

Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 10,030 12,067 7,676 8,386 15,857 22,670 27,815 27,062
Change - 20.31% -36.39% 9.25% 89.09% 42.97% 22.7% -2.71%
Free Cash Flow (FCF) 1 2,438 3,114 -6,117 121 1,668 23,665 36,392 38,240
Change - 27.73% -296.44% 101.98% 1,278.51% 1,318.74% 53.78% 5.08%
Announcement Date 28/09/21 29/09/22 27/09/23 25/09/24 23/09/25 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Micron Technology, Inc.

Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 45.11% 54.68% 12.94% 36.18% 48.48% 68.27% 69.87% 66.59%
EBIT Margin (%) 27.67% 33.43% -31.01% 7.71% 29.02% 61.42% 63.19% 65.87%
EBT Margin (%) 22.44% 31.12% -36.41% 4.94% 25.83% 53.62% 55.01% 53.23%
Net margin (%) 21.16% 28.24% -37.54% 3.1% 22.84% 49.45% 53.19% 45.79%
FCF margin (%) 8.8% 10.12% -39.36% 0.48% 4.46% 29.72% 33.27% 35.97%
FCF / Net Income (%) 41.6% 35.85% 104.87% 15.55% 19.53% 60.1% 62.55% 78.56%

Profitability

        
ROA 12.4% 13.88% -7.45% 1.16% 11.22% 34.07% 29% 25.09%
ROE 16.82% 18.51% -10.34% 1.74% 17.2% 51.65% 46.79% 30.4%

Financial Health

        
Leverage (Debt/EBITDA) - - 1.86x 0.58x 0.24x - - -
Debt / Free cash flow - - -0.61x 43.73x 2.56x - - -

Capital Intensity

        
CAPEX / Current Assets (%) 36.2% 39.23% 49.4% 33.4% 42.42% 28.47% 25.43% 25.46%
CAPEX / EBITDA (%) 80.26% 71.75% 381.7% 92.32% 87.5% 41.7% 36.39% 38.23%
CAPEX / FCF (%) 411.4% 387.51% -125.49% 6,930.58% 950.66% 95.8% 76.43% 70.77%

Items per share

        
Cash flow per share 1 10.93 13.53 1.426 7.609 15.58 42.32 65.72 72.51
Change - 23.79% -89.46% 433.47% 104.73% 171.68% 55.3% 10.32%
Dividend per Share 1 0.1 0.43 0.46 0.46 0.46 0.464 0.4726 0.4967
Change - 330% 6.98% 0% 0% 0.87% 1.85% 5.09%
Book Value Per Share 1 38.5 44.48 40.37 40.7 47.89 84.93 138.5 186.3
Change - 15.53% -9.25% 0.82% 17.68% 77.34% 63.06% 34.54%
EPS 1 5.14 7.75 -5.34 0.7 7.59 34.24 51.47 47
Change - 50.78% -168.9% 113.11% 984.29% 351.06% 50.34% -8.69%
Nbr of stocks (in thousands) 11,25,754 11,03,145 10,95,302 11,08,841 11,19,125 11,25,509 11,25,509 11,25,509
Announcement Date 28/09/21 29/09/22 27/09/23 25/09/24 23/09/25 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 12.9x 8.58x
PBR 5.2x 3.19x
EV / Sales 6.05x 4.02x
Yield 0.11% 0.11%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
43
Last Close Price
441.80USD
Average target price
427.87USD
Spread / Average Target
-3.15%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. MU Stock
  4. Financials Micron Technology, Inc.
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