Micron Technology, Inc.

WSE:MCRN Stock Report

Market Cap: zł5.1t

Micron Technology Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: MCRN (PLN4043.5) is trading above our estimate of future cash flow value (PLN888.24)

Significantly Below Future Cash Flow Value: MCRN is trading above our estimate of future cash flow value.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MCRN. This is calculated by dividing MCRN's market cap by their current earnings.
What is MCRN's PE Ratio?
PE Ratio56.7x
EarningsUS$24.11b
Market CapUS$1.37t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MCRN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average72.9x
A000660 SK hynix
24x41.54%₩2067.5t
AVGO Broadcom
61.7x33.37%US$1.9t
2330 Taiwan Semiconductor Manufacturing
34x22.60%NT$65.1t
AMD Advanced Micro Devices
171.9x35.04%US$899.5b
MCRN Micron Technology
56.7x33.68%zł1.4t

Price-To-Earnings vs Peers: MCRN is good value based on its Price-To-Earnings Ratio (56.7x) compared to the peer average (76x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
MCRN 56.7xIndustry Avg. 63.6xNo. of Companies4PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MCRN is good value based on its Price-To-Earnings Ratio (56.7x) compared to the European Semiconductor industry average (63.6x).


Price to Earnings Ratio vs Fair Ratio

What is MCRN'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.

MCRN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MCRN'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?

The above table shows the analyst MCRN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł4,043.50
zł3,844.55
-4.92%
43.55%zł6,577.20zł935.84n/a39
Jun ’27zł3,755.00
zł2,644.84
-29.56%
51.00%zł6,373.33zł906.83n/a40
May ’27zł1,844.80
zł1,997.19
+8.26%
25.83%zł3,622.00zł901.88n/a42
Apr ’27zł1,290.00
zł1,944.06
+50.70%
21.31%zł2,774.72zł921.21n/a40
Mar ’27n/a
zł1,392.99
0%
22.59%zł1,873.44zł702.09n/a40
Feb ’27n/a
zł1,297.59
0%
24.69%zł1,776.45zł380.16n/a41
Jan ’27n/a
zł1,081.00
0%
22.69%zł1,793.65zł383.84n/a38
Dec ’26n/a
zł810.49
0%
21.91%zł1,242.39zł393.30n/a36
Nov ’26n/a
zł750.20
0%
18.03%zł999.60zł388.93n/a36
Oct ’26n/a
zł678.04
0%
16.72%zł916.28zł366.51n/a35
Sep ’26n/a
zł547.75
0%
14.98%zł727.56zł345.59n/a35
Aug ’26n/a
zł537.57
0%
15.64%zł723.72zł343.77n/a34
Jul ’26n/a
zł534.51
0%
18.29%zł724.62zł217.39n/a33
Jun ’26n/a
zł458.40
0%
19.50%zł640.79zł223.53zł3,755.0033
May ’26n/a
zł467.74
0%
19.04%zł650.01zł226.75zł1,844.8033
Apr ’26n/a
zł499.80
0%
17.70%zł774.44zł290.42zł1,290.0034
Mar ’26n/a
zł515.24
0%
22.54%zł990.05zł277.21n/a33
Feb ’26n/a
zł526.36
0%
22.46%zł1,009.55zł282.67n/a33
Jan ’26n/a
zł539.69
0%
22.24%zł1,024.15zł286.76n/a33
Dec ’25n/a
zł599.12
0%
20.15%zł1,026.48zł287.41n/a33
Nov ’25n/a
zł588.29
0%
20.15%zł1,006.88zł281.93n/a33
Oct ’25n/a
zł562.30
0%
20.28%zł962.18zł269.41n/a32
Sep ’25n/a
zł613.58
0%
13.63%zł861.44zł421.15n/a31
Aug ’25n/a
zł647.92
0%
13.00%zł892.58zł436.37n/a31
Jul ’25n/a
zł635.90
0%
16.92%zł905.65zł362.26n/a33
Jun ’25n/a
zł528.31
0%
19.01%zł886.41zł315.17n/a34
zł3.41k
Fair Value
18.4% overvalued intrinsic discount
39
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 23:10
End of Day Share Price 2026/06/23 00:00
Earnings2026/02/26
Annual Earnings2025/08/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Micron Technology, Inc. is covered by 71 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Warren LauAletheia Analyst Network Limited
Brett SimpsonArete Research Services LLP
James FontanelliArete Research Services LLP