Micron Technology, Inc.

BASE:MUD Stock Report

Market Cap: US$109.1b

Micron Technology Valuation

Is MUD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MUD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MUD ($21.35) is trading below our estimate of fair value ($23.88)

Significantly Below Fair Value: MUD is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for MUD?

Key metric: As MUD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MUD. This is calculated by dividing MUD's market cap by their current earnings.
What is MUD's PE Ratio?
PE Ratio140.2x
EarningsUS$778.00m
Market CapUS$109.07b

Price to Earnings Ratio vs Peers

How does MUD's PE Ratio compare to its peers?

The above table shows the PE ratio for MUD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32x
A000660 SK hynix
11.1x35.3%₩116.2t
ADI Analog Devices
63.3x25.7%US$104.5b
TXN Texas Instruments
36.6x15.4%US$183.4b
QCOM QUALCOMM
17x7.3%US$183.0b
MUD Micron Technology
140.2x31.5%US$109.1b

Price-To-Earnings vs Peers: MUD is expensive based on its Price-To-Earnings Ratio (140.2x) compared to the peer average (32x).


Price to Earnings Ratio vs Industry

How does MUD's PE Ratio compare vs other companies in the Global Semiconductor Industry?

14 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MUD 140.2xIndustry Avg. 31.2xNo. of Companies89PE020406080100+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MUD is expensive based on its Price-To-Earnings Ratio (140.2x) compared to the Global Semiconductor industry average (31.2x).


Price to Earnings Ratio vs Fair Ratio

What is MUD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MUD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio140.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MUD's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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