CAT vs MU: Which Is the Better Buy?
Side-by-side comparison of Caterpillar Inc. and Micron Technology, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-10.
Caterpillar Inc. · Industrials
$792.65
-8.8% upside to fair value
Grade D
VS
Micron Technology, Inc. · Technology
$421.51
-20.2% upside to fair value
Low Conviction
Grade D
QuantHub Verdict
CAT has more upside to fair value
(-8.8%).
MU trades at a lower forward P/E
(19.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CAT |
MU |
| Current Price |
$792.65 |
$421.51 |
| Fair Value Estimate |
$723.13 |
$336.45 |
| Upside to Fair Value |
-8.8%
|
-20.2%
|
| Market Cap |
$370.9B |
$475.4B |
| Forward P/E |
41.7x
|
19.7x
|
| EV / EBITDA |
27.2x
|
12.8x
|
| Price / Sales |
5.5x
|
8.2x
|
| Price / FCF |
36.1x
|
21.6x
|
| Revenue Growth YoY |
+8.5%
|
+74.9%
|
| Gross Margin |
32.3%
|
58.4%
|
| Operating Margin |
16.6%
|
48.5%
|
| Return on Equity |
45.1%
|
40.8%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.77%
|
4.64%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, engines, and industrial machinery, with a strong global footprint and a record $67.6 billion in revenues for 2025. The company benefits from a durable competitive position supported by a broad product portfolio and a large installed base, but faces margin pressure from tariffs and cost inflation. Despite so…
Micron Technology, Inc. is a leading semiconductor company specializing in memory and storage solutions, including DRAM and NAND products, which are critical for AI, data centers, mobile, and embedded applications. The company benefits from strong revenue growth of 74.9% year-over-year and exceptional profitability with a net margin of 41.5% and return on equity of 40.8%. Despite these strengths …
Accumulation Zones
| Metric |
CAT |
MU |
| Zone Low |
$542.35 |
$252.34 |
| Zone High |
$614.66 |
$285.98 |
| In Buy Zone? |
No
|
No
|