MU
Micron Technology Inc
Price:  
95.77 
USD
Volume:  
20,717,744.00
United States | Semiconductors & Semiconductor Equipment
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

Micron Fair Value

-132.50 %
Upside

As of 2024-03-05, the Fair Value of Micron Technology Inc (MU) is -31.13 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 95.77 USD, the upside of Micron Technology Inc is -132.50%.

Note: valuation result may not be accurate due to the company's negative EPS.

95.77 USD
Stock Price
-31.13 USD
Fair Price
FAIR VALUE CALCULATION

Micron Fair Value

Peter Lynch's formula is:

Micron Fair Value
= Earnings Growth Rate x TTM EPS
Micron Fair Value
= 5.00 x -6.23
Micron Fair Value
= -31.13

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-08-29 2020-09-03 2021-09-02 2022-09-01 2023-08-31 5Y Avg
Net income 6,313.00 2,687.00 5,861.00 8,687.00 -5,833.00 3,543.00
YoY growth -55.34% -57.44% 118.12% 48.22% -167.15% -22.72%

Micron Fair Value - Key Data

Market Cap (mil) 105,721.46
P/E
Forward P/E
EPS -6.23
Avg earnings growth rate -22.72%
TTM earnings -6,872.00