As of 2024-07-27, the Fair Value of Micron Technology Inc (MU) is -6.94 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 109.41 USD, the upside of Micron Technology Inc is -106.34%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
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% |
| Market Cap (mil) | 121,318.19 |
| P/E | |
| Forward P/E |
| EPS | -1.39 |
| Avg earnings growth rate | -22.72% |
| TTM earnings | -1,539.00 |