MICRON TECHNOLOGY INC (MU)
Semiconductors & Related Devices
Latest Price
$823.03
TTM P/E
18.63
Normalized P/E
75.62
Div Yield
0.06%
Book Value
89.45
P/B Ratio
9.20
Valuation metrics
adjust assumptions →EPS: $7.59
Book value / share: $48.28
Formula: √(22.5 × EPS × BVPS)
Graham Number
$90.80
89% downside
Norm. op. income: $6.3B (median of 7yr)
Tax rate: 10%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$48.43
94% downside
Base FCF: $2.1B (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$133.99
84% downside
EPS: $7.59
Target P/E: 76×
Formula: EPS × P/E
P/E Fair Value
$576.84
30% downside
Institutional Ownership
81.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 103.35M | $34.92B | 9.15% | +2.65M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 73.14M | $24.71B | 6.48% | -- | 2026-03-31 |
| STATE STREET CORP | 52.24M | $17.66B | 4.63% | -510.3K | 2026-03-31 |
| JANE STREET GROUP, LLC | 44.69M | $15.10B | 3.96% | +19.35M | 2026-03-31 |
| Capital World Investors | 42.05M | $14.21B | 3.72% | -16.19M | 2026-03-31 |
| FMR LLC | 32.05M | $10.83B | 2.84% | -7.54M | 2026-03-31 |
| CITADEL ADVISORS LLC | 31.63M | $10.69B | 2.80% | +8.25M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 27.43M | $9.24B | 2.43% | +1.43M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 23.02M | $7.78B | 2.04% | -- | 2026-03-31 |
| PRIMECAP MANAGEMENT CO/CA/ | 21.87M | $7.39B | 1.94% | -2.92M | 2026-03-31 |