What’s is the intrinsic value of MU based on latest earnings

The intrinsic value of Micron Technology (MU) based on the latest earnings can be estimated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or comparable company valuations. Here, we will present several approaches to determine the intrinsic value:

1. **Discounted Cash Flow (DCF) Analysis**: DCF analysis involves projecting future cash flows and discounting them back to their present value using an appropriate discount rate. Micron Technology's projected free cash flow (FCF) and book value can be used to calculate its intrinsic value. As of June 27, 2024, Micron Technology's Intrinsic Value: Projected FCF is $44.10, with a stock price of $139.029. Therefore, the Price-to-Intrinsic-Value-Projected-FCF is 3.0.
2. **Comparable Company Valuations**: Comparing Micron Technology's financial ratios and valuation multiples to its peers can provide insights into its intrinsic value. For instance, Micron Technology's market capitalization is $157.645 billion, with a price-to-sales (P/S) ratio of 7.27, a price-to-book (P/B) ratio of 3.06, and a price-to-earnings (P/E) ratio of 17.06. Comparable companies in the semiconductor industry may have different valuation metrics, which can be used as a reference to estimate Micron Technology's intrinsic value.
3. **Analyst Price Targets**: Analysts' price targets can provide a market-driven estimate of a company's intrinsic value. The average price target for Micron Technology is $155.72, which represents an increase of 18.39% from the current price. This average target suggests that analysts believe the stock has potential to rise above its current price, which could be seen as an indication of intrinsic value.
4. **Fundamental Analysis**: Fundamental analysis involves assessing a company's financial health, profitability, and growth prospects to determine its intrinsic value. Micron Technology's net income growth rate is 117.51%, with a revenue growth rate of 81.53%, indicating strong growth. However, the company has a negative operating income and a positive net debt, which may affect its intrinsic value calculation.

In conclusion, while there are several methods to determine intrinsic value, it is important to consider multiple factors and use a range of approaches to get a more accurate estimate. The intrinsic value of Micron Technology based on the latest earnings may be influenced by the company's financial performance, market conditions, and industry trends.