Discounted Cash Flow
Micron Technology Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $12.4b | $-276.0m | $-2.6b | -2.2% | $-0.27 |
| 2017 | $20.3b (63.9%) | $5.1b (1943.8%) | $3.4b (229.1%) | 25.0% (1225.0%) | $4.67 (1829.6%) |
| 2018 | $30.4b (49.5%) | $14.1b (177.8%) | $8.5b (149.2%) | 46.5% (85.7%) | $12.27 (162.7%) |
| 2019 | $23.4b (-23.0%) | $6.3b (-55.3%) | $3.4b (-60.0%) | 27.0% (-42.0%) | $5.67 (-53.8%) |
| 2020 | $21.4b (-8.4%) | $2.7b (-57.4%) | $83.0m (-97.6%) | 12.5% (-53.5%) | $2.42 (-57.3%) |
| 2021 | $27.7b (29.3%) | $5.9b (118.1%) | $2.4b (2837.3%) | 21.2% (68.8%) | $5.23 (116.1%) |
| 2022 | $30.8b (11.0%) | $8.7b (48.2%) | $3.1b (27.7%) | 28.2% (33.5%) | $7.81 (49.3%) |
| 2023 | $15.5b (-49.5%) | $-5.8b (-167.1%) | $-6.1b (-296.4%) | -37.5% (-232.9%) | $-5.34 (-168.4%) |
| 2024 | $25.1b (61.6%) | $778.0m (113.3%) | $121.0m (102.0%) | 3.1% (108.3%) | $0.70 (113.1%) |
| 2025 | $37.4b (48.9%) | $8.5b (997.6%) | $1.7b (1278.5%) | 22.8% (637.4%) | $7.65 (992.9%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.