Micron TechnologyLIM:MU -7.55%68 EV-to-FCF is 48.11 as of Jun. 29, 2026, which is 239% above its 10-year median of 14.21. GuruFocus rates LIM:MU with a GF Score™ of 68/100 and a GF Value™ of $396.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 506 Semiconductors companies, Micron Technology ranks worse than 50.4% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Micron Technology's Enterprise Value is $1,259,200 Mil.
Micron Technology's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was $26,172 Mil. Therefore, Micron Technology's EV-to-FCF for today is 48.11.
The historical rank and industry rank for Micron Technology's EV-to-FCF or its related term are showing as below:
LIM:MU'
s EV-to-FCF Range Over the Past 10 Years
Min: -164.63 Med: 14.21 Max: 1121.53
Current: 48.11
During the past 13 years, the highest EV-to-FCF of Micron Technology was 1121.53. The lowest was -164.63. And the median was 14.21.
LIM:MU's EV-to-FCF is ranked worse than 50.4% of 506
companies
in the Semiconductors industry
Industry Median: 48
vs LIM:MU: 48.11
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Micron Technology's PE Ratio (TTM) for today is calculated as:
Micron Technology's share price for today is $1138.00.
Micron Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.170.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Micron Technology EV-to-FCF Related Terms
Micron Technology EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Micron Technology's EV-to-FCF 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.
For the Semiconductors subindustry, Micron Technology's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micron Technology's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Micron Technology's EV-to-FCF falls into.
Micron Technology's current Enterprise Value is $1,259,200 Mil.
Micron Technology's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $26,172 Mil.
* 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 (LIM:MU) has a EV-to-FCF of 48.11 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Micron Technology and its competitors. This is 239% above median its historical median of 14.21. According to the industry distribution chart, Micron Technology ranks #255 out of 506 companies in the Semiconductors industry, placing it in the top 50.4%.
Is Micron Technology's EV-to-FCF too high?
Micron Technology's current EV-to-FCF of 48.11 is 239% above median its 10-year median of 14.21. The Semiconductors industry median EV-to-FCF is 48.00. Micron Technology's value of 48.11 is 0.2% above this industry median. Based on the distribution chart, Micron Technology ranks #255 out of 506 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Micron Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's EV-to-FCF compare to AMD and AVGO?
According to the Semiconductors industry distribution chart, Micron Technology ranks #255 out of 506 companies for EV-to-FCF. This places Micron Technology in the lower half of its industry. The industry median EV-to-FCF is 48.00. Micron Technology's value of 48.11 is 0.2% above this benchmark. While the company's 10-year median is 14.21 vs. the industry median of 48.00, Micron Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 48.00, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current EV-to-FCF of 48.11 is 0.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Micron Technology and its competitors. For the Semiconductors industry, the median EV-to-FCF is 48.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current EV-to-FCF is 48.11, which is 239% above median its own 10-year median of 14.21. 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 (LIM:MU) is currently considered Significantly Overvalued. The stock's GF Value™ is $396.37, compared to a current price of $1,138.00 — trading 187.1% above its estimated fair value. The current EV-to-FCF is 48.11, which is 239% above median its 10-year median of 14.21 and 0.2% above the Semiconductors industry median of 48.00. Micron Technology's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Micron Technology (LIM:MU), the current EV-to-FCF is 48.11 as of Jun. 29, 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 (LIM:MU) Overvalued in 2026?
Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued.
The current stock price of $1,138.00 is trading 187.1% above its estimated GF Value™ of $396.37.
GuruFocus considers Micron Technology to be Significantly Overvalued.
Key valuation signals for LIM:MU:
EV-to-FCF: 48.11 (239% above median its 10-year median of 14.21)
GF Value™: $396.37 vs. price of $1,138.00 (187.1% above fair value)
Industry Position: 0.2% above the Semiconductors median (#255 of 506)
No single metric tells the full story. See the LIM:MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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