Micron Technology, Inc. (MU) Valuation — DCF, Graham & Comparables

Micron Technology, Inc. (MU) — Price $934.27 (closing price, October 29, 2026) — Technology — Semiconductors — NASDAQ

Latest reported results:

Valuation dashboard for Micron Technology, Inc. (MU) with P/E 12.59, P/B 7.63, EV/EBITDA 9.41 and dividend yield 0.06%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies.

Analysis Summary

Micron Technology, Inc. reported revenue of $133.19B in the most recent fiscal year, growing at a 5-year CAGR of 36.9%. Net income reached $84.97B, with a 70.7% 5-year CAGR.

Trailing-twelve-month margins: gross margin 80.7%, operating margin 74.6%, net margin 63.8%.

At $934.27 (closing price, October 29, 2026), MU trades at a P/E of 12.59 and an ROE of 91.77%. Market capitalisation stands at $1.1T, placing it among large-cap names.

Balance sheet quality for MU: current ratio of 3.3. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio12.59
Price / Book7.63
EV / EBITDA9.41
Dividend Yield0.06%

Valuation Models

DCF Fair Value$1,323.58
vs Current Price+41.7%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
MUMicron Technology, Inc.$1.1T12.597.6391.8%
SNDKSandisk Corporation$192.2B10.5910.71134.3%
WDCWestern Digital Corporation$148.0B14.9915.52113.8%
STXSeagate Technology Holdings plc$159.3B50.3946.09245.1%
SKHYSK hynix Inc.$1.2T7.204.48100.2%

Price

Price$934.27 (closing price, October 29, 2026)
Market Cap$1.1T
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity91.77%
Return on Invested Capital50.11%
Return on Assets43.38%
Gross Margin80.72%
Operating Margin74.59%
Net Margin63.80%

Related companies: SNDK · WDC · STX · SKHY

Explore sector: Technology · Semiconductors

More sections of MU: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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