Micron Technology Inc
TSX:MU
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Micron Technology Inc
TSX:MU
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US |
Intrinsic Value
The intrinsic value of 
Micron Technology Inc (MU) under the Base Case is 20.99 CAD per share.
Compared with the current market price of 28.82 CAD, the stock appears
Overvalued by 27% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Micron Technology Does
Micron Technology makes memory chips and storage chips that go inside computers, servers, smartphones, cars, and many connected devices. Its main products are DRAM, which helps devices work faster while they are running, and NAND flash, which keeps data stored even when power is off. Micron sells these chips to original equipment makers, cloud and data center customers, and other electronics companies that need large, reliable supplies of memory.
- Headquarters
- United States of America US
- Employees
- 53 000
- IPO date
- Jun 1, 1984
Micron Technology has no economic moat
Memory buyers can choose among Micron and other suppliers such as Samsung and SK hynix, so Micron has no lasting barrier that prevents rivals from competing for sales. Its name does not by itself make customers pay more, and buyers can consider alternative memory products when they meet their needs.
Read the full moat analysis
Revenue & Expenses Breakdown
Micron Technology Inc
Earnings Waterfall
Micron Technology Inc
The intrinsic value for Micron Technology Inc (MU) under the Base Case is 20.99 CAD.
Compared with the current market price of 28.82 CAD, the stock appears Overvalued by 27% .
