ETN vs MU: Which Is the Better Buy?

Side-by-side comparison of Eaton Corporation plc and Micron Technology, Inc. โ€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-25.
Eaton Corporation plc ยท Industrials
$438.76
+32.2% upside to fair value
Med Conviction Grade B High Quality
VS
Micron Technology, Inc. ยท Technology
$1,080.53
+4.1% upside to fair value
Med Conviction Grade C High Quality
QuantHub Verdict
ETN has more upside to fair value (+32.2%). These are model outputs โ€” not personalized investment advice. See all research โ†’
Valuation & Fundamentals
Metric ETN MU
Current Price $438.76 $1,080.53
Fair Value Estimate $579.99 $1,124.98
Upside to Fair Value +32.2% +4.1%
Market Cap $170.4B $1,220.3B
Forward P/E โ€” โ€”
EV / EBITDA 29.6x 17.6x
Price / Sales 5.7x 13.5x
Price / FCF 37.9x 46.6x
Revenue Growth YoY +21.4% +345.7%
Gross Margin 35.9% 72.6%
Operating Margin 17.7% 65.7%
Return on Equity 19.6% 70.5%
Dividend Yield 0.99% 0.05%
FCF Yield 2.64% 2.15%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
ETN โ€” Eaton Corporation plc
Eaton Corporation plc is a Dublin-headquartered power management company with roughly 97,303 employees, operating electrical, aerospace, vehicle and eMobility segments that supply power distribution, circuit protection, power quality and reliability equipment and services. The business quality is high: TTM gross margin of 35.9%, TTM operating margin of 17.7%, TTM net margin of 12.8% and ROE of 19โ€ฆ
MU โ€” Micron Technology, Inc.
Micron Technology is a global leader in advanced semiconductor memory and storage, operating across Compute and Networking, Mobile, Storage, and Embedded segments with DRAM, NAND, and NOR products sold under the Micron and Crucial brands to cloud, data center, mobile, automotive, and consumer markets. The business quality is high on current fundamentals: TTM gross margin is 72.6%, TTM operating mโ€ฆ
Accumulation Zones
Metric ETN MU
Zone Low $434.99 $843.74
Zone High $492.99 $956.23
In Buy Zone? Yes No
โ† ETN Research    MU Research โ†’    All Research