Micron Technology (MEX:MU) Cyclically Adjusted FCF per Share: MXN68.43 (As of May. 2026)


MEX:MU Micron Technology Inc MEX:MU
71 GF Score
Price MXN17,900.00
GF Value MXN9,050.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Micron Technology Cyclically Adjusted FCF per Share?

Micron Technology MEX:MU +6.38% 71 Cyclically Adjusted FCF per Share is MXN68.43 as of May. 2026. GuruFocus rates MEX:MU with a GF Score™ of 71/100 and a GF Value™ of MXN9,050.18 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Micron Technology's adjusted free cash flow per share for the three months ended in May. 2026 was MXN266.111. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN68.43 for the trailing ten years ended in May. 2026.

During the past 12 months, Micron Technology's average Cyclically Adjusted FCF Growth Rate was 199.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Micron Technology was 84.60% per year. The lowest was -124.60% per year. And the median was 5.50% per year.

As of today (2026-07-05), Micron Technology's current stock price is MXN17900.00. Micron Technology's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was MXN68.43. Micron Technology's Cyclically Adjusted Price-to-FCF of today is 261.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Micron Technology was 431.56. The lowest was 18.05. And the median was 47.69.


Micron Technology  (MEX:MU) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Micron Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17900.00/68.43
=261.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Micron Technology was 431.56. The lowest was 18.05. And the median was 47.69.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Micron Technology Cyclically Adjusted FCF per Share Related Terms


Micron Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Micron Technology's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Micron Technology Cyclically Adjusted FCF per Share Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.79 42.83 27.79 27.05 26.76

Micron Technology Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.75 26.76 30.93 38.64 68.43

MEX:MU vs AMD, AVGO, INTC: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Micron Technology's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Micron Technology Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Micron Technology's Cyclically Adjusted Price-to-FCF falls into.


MEX:MU
71GF Score
Micron Technology Inc MEX:MU
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micron Technology Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Micron Technology's adjusted Free Cash Flow per Share data for the three months ended in May. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=266.111/335.1230*335.1230
=266.111

Current CPI (May. 2026) = 335.1230.

Micron Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 -18.631 240.849 -25.924
201611 -2.363 241.353 -3.281
201702 4.155 243.603 5.716
201705 21.651 244.733 29.648
201708 28.968 245.519 39.540
201711 25.555 246.669 34.719
201802 31.761 248.991 42.748
201805 29.960 251.588 39.908
201808 45.847 252.146 60.934
201811 36.480 252.038 48.506
201902 13.271 252.776 17.594
201905 5.361 256.092 7.015
201908 3.647 256.558 4.764
201911 1.177 257.208 1.534
202002 -0.958 258.678 -1.241
202005 1.551 256.394 2.027
202008 -0.174 259.918 -0.224
202011 -13.688 260.229 -17.627
202102 0.714 263.014 0.910
202105 22.645 269.195 28.191
202108 32.882 273.567 40.281
202111 12.777 277.948 15.405
202202 18.363 283.716 21.690
202205 22.120 292.296 25.361
202208 2.976 296.171 3.367
202211 -26.757 297.711 -30.119
202302 -31.309 300.840 -34.877
202305 -24.936 304.127 -27.477
202308 -18.668 307.026 -20.376
202311 -6.239 307.051 -6.809
202402 -2.527 310.326 -2.729
202405 5.993 314.069 6.395
202408 4.846 314.796 5.159
202411 0.690 315.493 0.733
202502 -2.065 319.082 -2.169
202505 28.860 321.465 30.086
202508 1.201 323.976 1.242
202511 48.650 324.122 50.301
202602 83.178 326.785 85.300
202605 266.111 335.123 266.111

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN68.43 mean?
Micron Technology (MEX:MU) has a Cyclically Adjusted FCF per Share of MXN68.43 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Micron Technology and its competitors.
Is Micron Technology's Cyclically Adjusted FCF per Share too high?
Micron Technology's current Cyclically Adjusted FCF per Share is MXN68.43. Overall, Micron Technology has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's Cyclically Adjusted FCF per Share compare to AMD and AVGO?
Micron Technology's Cyclically Adjusted FCF per Share of MXN68.43 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Micron Technology and its competitors. Micron Technology's current Cyclically Adjusted FCF per Share is MXN68.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MEX:MU) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN9,050.18, compared to a current price of MXN17,900.00 — trading 97.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN68.43. Micron Technology's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Micron Technology (MEX:MU), the current Cyclically Adjusted FCF per Share is MXN68.43 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Micron Technology (MEX:MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of MXN17,900.00 is trading 97.8% above its estimated GF Value™ of MXN9,050.18. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MEX:MU:

  • Cyclically Adjusted FCF per Share: MXN68.43
  • GF Value™: MXN9,050.18 vs. price of MXN17,900.00 (97.8% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the MEX:MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
71GF Score

Get the complete analysis for MEX:MU

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN17,900.00
Price
MXN9,050.18
GF Value