Micron Technology Valuation
Is MU undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of MU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MU (CHF65.82) is trading below our estimate of fair value (CHF95.03)
Significantly Below Fair Value: MU is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MU?
Other financial metrics that can be useful for relative valuation.
What is MU's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | US$119.74b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 5.8x |
Enterprise Value/EBITDA | 20.8x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does MU's PS Ratio compare to its peers?
Company | Forward PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 1.8x | ||
AMS ams-OSRAM | 0.3x | 6.4% | CHF 1.1b |
UBXN u-blox Holding | 1.6x | 16.7% | CHF 584.9m |
INTC Intel | 1.7x | 4.9% | US$89.2b |
A000660 SK hynix | 3.4x | 25.9% | ₩133.4t |
MU Micron Technology | 5.6x | 25.9% | CHF 119.7b |
Price-To-Sales vs Peers: MU is expensive based on its Price-To-Sales Ratio (5.6x) compared to the peer average (1.7x).
Price to Earnings Ratio vs Industry
How does MU's PE Ratio compare vs other companies in the European Semiconductor Industry?
Price-To-Sales vs Industry: MU is expensive based on its Price-To-Sales Ratio (5.6x) compared to the European Semiconductor industry average (2.1x).
Price to Sales Ratio vs Fair Ratio
What is MU's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 5.6x |
Fair PS Ratio | 1.9x |
Price-To-Sales vs Fair Ratio: MU is expensive based on its Price-To-Sales Ratio (5.6x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | CHF 65.82 | CHF 138.79 +110.9% | 14.0% | CHF 195.02 | CHF 95.34 | n/a | 31 |
Aug ’25 | CHF 65.82 | CHF 145.19 +120.6% | 13.5% | CHF 201.19 | CHF 98.36 | n/a | 31 |
Jul ’25 | CHF 65.82 | CHF 141.92 +115.6% | 16.9% | CHF 202.12 | CHF 80.85 | n/a | 33 |
Jun ’25 | CHF 65.82 | CHF 120.99 +83.8% | 19.0% | CHF 203.00 | CHF 72.18 | n/a | 34 |
May ’25 | CHF 65.82 | CHF 115.68 +75.8% | 19.8% | CHF 203.68 | CHF 72.42 | n/a | 34 |
Apr ’25 | CHF 65.82 | CHF 114.79 +74.4% | 19.5% | CHF 203.52 | CHF 72.36 | n/a | 34 |
Mar ’25 | CHF 65.82 | CHF 85.35 +29.7% | 13.2% | CHF 123.80 | CHF 61.90 | n/a | 34 |
Feb ’25 | CHF 65.82 | CHF 83.59 +27.0% | 13.1% | CHF 121.64 | CHF 60.82 | n/a | 34 |
Jan ’25 | CHF 65.82 | CHF 79.18 +20.3% | 14.9% | CHF 119.48 | CHF 55.73 | n/a | 35 |
Dec ’24 | CHF 65.82 | CHF 72.27 +9.8% | 9.7% | CHF 87.56 | CHF 57.18 | n/a | 35 |
Nov ’24 | CHF 65.82 | CHF 72.14 +9.6% | 11.7% | CHF 90.47 | CHF 52.93 | n/a | 35 |
Oct ’24 | CHF 65.82 | CHF 72.90 +10.8% | 11.7% | CHF 91.52 | CHF 53.54 | n/a | 35 |
Sep ’24 | CHF 65.82 | CHF 67.07 +1.9% | 12.8% | CHF 87.32 | CHF 40.16 | n/a | 34 |
Aug ’24 | CHF 65.82 | CHF 65.75 -0.1% | 12.8% | CHF 85.87 | CHF 39.50 | CHF 65.82 | 34 |
Jul ’24 | CHF 65.82 | CHF 68.57 +4.2% | 13.1% | CHF 89.50 | CHF 41.17 | CHF 65.82 | 32 |
Jun ’24 | CHF 65.82 | CHF 64.20 -2.5% | 16.8% | CHF 90.50 | CHF 40.72 | CHF 65.82 | 31 |
May ’24 | CHF 65.82 | CHF 63.03 -4.2% | 16.7% | CHF 89.38 | CHF 40.22 | CHF 65.82 | 31 |
Apr ’24 | CHF 65.82 | CHF 62.78 -4.6% | 15.0% | CHF 91.89 | CHF 41.35 | CHF 65.82 | 34 |
Mar ’24 | CHF 65.82 | CHF 61.30 -6.9% | 15.9% | CHF 93.33 | CHF 42.00 | CHF 65.82 | 32 |
Feb ’24 | CHF 65.82 | CHF 59.27 -10.0% | 16.7% | CHF 91.55 | CHF 41.20 | CHF 65.82 | 32 |
Jan ’24 | CHF 65.82 | CHF 60.72 -7.8% | 17.2% | CHF 93.33 | CHF 42.00 | CHF 65.82 | 33 |
Dec ’23 | CHF 65.82 | CHF 64.29 -2.3% | 16.1% | CHF 95.40 | CHF 42.93 | CHF 65.82 | 34 |
Nov ’23 | CHF 65.82 | CHF 67.04 +1.9% | 16.8% | CHF 100.14 | CHF 45.06 | CHF 65.82 | 33 |
Oct ’23 | CHF 65.82 | CHF 66.20 +0.6% | 17.0% | CHF 98.67 | CHF 44.40 | CHF 65.82 | 32 |
Sep ’23 | CHF 65.82 | CHF 72.89 +10.7% | 18.3% | CHF 106.04 | CHF 43.38 | CHF 65.82 | 31 |
Aug ’23 | CHF 65.82 | CHF 77.43 +17.6% | 24.3% | CHF 158.74 | CHF 48.10 | CHF 65.82 | 31 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.