MICRON TECHNOLOGY INC (MU)
Semiconductors & Related Devices
Latest Price
$1027.77
TTM P/E
23.27
Normalized P/E
93.81
Div Yield
0.05%
Book Value
89.45
P/B Ratio
11.49
Valuation metrics
adjust assumptions →EPS: $7.59
Book value / share: $48.28
Formula: √(22.5 × EPS × BVPS)
Graham Number
$90.80
91% 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
95% 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
87% downside
EPS: $7.59
Target P/E: 94×
Formula: EPS × P/E
P/E Fair Value
$713.46
31% downside
Institutional Ownership
93.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 104.87M | $121.04B | 9.29% | +1.51M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 73.66M | $85.02B | 6.52% | +522.3K | 2026-06-30 |
| JANE STREET GROUP, LLC | 53.50M | $61.76B | 4.74% | +8.81M | 2026-06-30 |
| STATE STREET CORP | 50.08M | $57.80B | 4.44% | -2.16M | 2026-06-30 |
| Invesco Ltd. | 36.32M | $41.92B | 3.22% | +24.25M | 2026-06-30 |
| Andar Capital Management HK Ltd | 34.28M | $29.0M | 3.04% | +34.28M | 2026-06-30 |
| CITADEL ADVISORS LLC | 34.03M | $39.28B | 3.01% | +2.40M | 2026-06-30 |
| GOLDMAN SACHS GROUP INC | 29.79M | $34.38B | 2.64% | +13.12M | 2026-06-30 |
| Capital World Investors | 29.47M | $34.02B | 2.61% | -12.58M | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 27.71M | $31.88B | 2.45% | +273.0K | 2026-06-30 |