Micron Technology, Inc.

LSE:0R2T Stock Report

Market Cap: US$113.8b

Micron Technology Valuation

Is 0R2T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 0R2T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0R2T ($102.93) is trading below our estimate of fair value ($153.38)

Significantly Below Fair Value: 0R2T is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R2T?

Key metric: As 0R2T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0R2T. This is calculated by dividing 0R2T's market cap by their current earnings.
What is 0R2T's PE Ratio?
PE Ratio146.3x
EarningsUS$778.00m
Market CapUS$113.80b

Price to Earnings Ratio vs Peers

How does 0R2T's PE Ratio compare to its peers?

The above table shows the PE ratio for 0R2T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.5x
A000660 SK hynix
11.7x35.3%₩121.6t
TXN Texas Instruments
36.6x15.3%US$180.6b
ADI Analog Devices
64.4x25.7%US$106.5b
QCOM QUALCOMM
17.2x7.1%US$174.2b
0R2T Micron Technology
146.3x31.5%US$113.8b

Price-To-Earnings vs Peers: 0R2T is expensive based on its Price-To-Earnings Ratio (146.3x) compared to the peer average (32.5x).

Price to Earnings Ratio vs Industry

How does 0R2T's PE Ratio compare vs other companies in the European Semiconductor Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0R2T 146.3xIndustry Avg. 14.8xNo. of Companies7PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0R2T is expensive based on its Price-To-Earnings Ratio (146.3x) compared to the European Semiconductor industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is 0R2T'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.

0R2T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio146.3x
Fair PE Ratio47.7x

Price-To-Earnings vs Fair Ratio: 0R2T is expensive based on its Price-To-Earnings Ratio (146.3x) compared to the estimated Fair Price-To-Earnings Ratio (47.7x).

Analyst Price Targets

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

The above table shows the analyst 0R2T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$102.93
US$145.92
+41.8%
20.1%US$250.00US$70.00n/a33
Nov ’25US$100.01
US$146.07
+46.1%
20.1%US$250.00US$70.00n/a33
Oct ’25US$100.82
US$146.10
+44.9%
20.3%US$250.00US$70.00n/a32
Sep ’25US$95.29
US$160.26
+68.2%
13.6%US$225.00US$110.00n/a31
Aug ’25US$101.22
US$163.33
+61.4%
13.0%US$225.00US$110.00n/a31
Jul ’25US$131.74
US$157.98
+19.9%
16.9%US$225.00US$90.00n/a33
Jun ’25US$121.94
US$134.10
+10.0%
19.0%US$225.00US$80.00n/a34
May ’25US$110.44
US$127.79
+15.7%
19.8%US$225.00US$80.00n/a34
Apr ’25US$117.96
US$126.91
+7.6%
19.5%US$225.00US$80.00n/a34
Mar ’25US$95.81
US$96.53
+0.7%
13.2%US$140.00US$70.00n/a34
Feb ’25US$85.69
US$96.20
+12.3%
13.1%US$140.00US$70.00n/a34
Jan ’25US$85.59
US$92.78
+8.4%
14.9%US$140.00US$65.30n/a35
Dec ’24US$75.91
US$82.54
+8.7%
9.7%US$100.00US$65.30n/a35
Nov ’24US$69.24
US$79.73
+15.2%
11.7%US$100.00US$58.50US$100.0135
Oct ’24US$67.79
US$79.66
+17.5%
11.7%US$100.00US$58.50US$100.8235
Sep ’24US$70.40
US$76.81
+9.1%
12.8%US$100.00US$46.00US$95.2934
Aug ’24US$70.67
US$76.57
+8.4%
12.8%US$100.00US$46.00US$101.2234
Jul ’24US$63.50
US$76.61
+20.6%
13.1%US$100.00US$46.00US$131.7432
Jun ’24US$69.28
US$70.94
+2.4%
16.8%US$100.00US$45.00US$121.9431
May ’24US$63.75
US$70.52
+10.6%
16.7%US$100.00US$45.00US$110.4431
Apr ’24US$60.91
US$68.32
+12.2%
15.0%US$100.00US$45.00US$117.9634
Mar ’24US$57.67
US$65.68
+13.9%
15.9%US$100.00US$45.00US$95.8132
Feb ’24US$61.27
US$64.74
+5.7%
16.7%US$100.00US$45.00US$85.6932
Jan ’24US$49.52
US$65.05
+31.4%
17.2%US$100.00US$45.00US$85.5933
Dec ’23US$55.23
US$67.39
+22.0%
16.1%US$100.00US$45.00US$75.9134
Nov ’23US$55.22
US$66.95
+21.3%
16.8%US$100.00US$45.00US$69.2433

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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