MU

Micron Technology IncMIL Micron Stock Report

Last reporting period 29 Aug, 2024

Updated —

Last price

Market cap $B

104.23

Mega

Exchange

XMIL - Borsa Italiana S.P.A.

View Section: Eyestock Rating

Micron Fair Value

MU

The fair market value of MU.MI stock is 12.48 EUR. Relative to the market price of 0 EUR Micron is overvalued by 88.1%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Micron Valuation

The fair value level of 12.48 EUR can be considered as an effective entry point for long-term investors to start investing in MU.MI stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Min value

Max value

07.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

MU.MI stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Micron Technology Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

33.86

2

Median P/E over 5 years

19.16

3

Minimum P/E over 5 years

9.14

4

Earning per share (last 12 months)

0.7 USD

Maximum value

1

x

4

=

22.06 EUR

Fair value

2

x

4

=

12.48 EUR

Minimum value

3

x

4

=

5.95 EUR

Micron Technology Inc price metrics

15.02

Annual return (geometric mean)

46.22

Risk (standard deviation) of returns

β

1.19

Beta (volatility compared to market)

It means that MU.MI stock is more volatile than the broader market

Discover Undervalued Companies


View Section: Profitability