HD vs MU: Which Is the Better Buy?
Side-by-side comparison of The Home Depot, Inc. and Micron Technology, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-11.
The Home Depot, Inc. · Consumer Cyclical
$337.34
+12.1% upside to fair value
Med Conviction
Grade B
VS
Micron Technology, Inc. · Technology
$421.51
-20.2% upside to fair value
Low Conviction
Grade D
QuantHub Verdict
HD has more upside to fair value
(+12.1%).
MU trades at a lower forward P/E
(19.7x).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
HD |
MU |
| Current Price |
$337.34 |
$421.51 |
| Fair Value Estimate |
$378.00 |
$336.45 |
| Upside to Fair Value |
+12.1%
|
-20.2%
|
| Market Cap |
$336.0B |
$475.4B |
| Forward P/E |
23.0x
|
19.7x
|
| EV / EBITDA |
18.1x
|
12.8x
|
| Price / Sales |
2.3x
|
8.2x
|
| Price / FCF |
29.7x
|
21.6x
|
| Revenue Growth YoY |
+3.2%
|
+74.9%
|
| Gross Margin |
33.3%
|
58.4%
|
| Operating Margin |
12.7%
|
48.5%
|
| Return on Equity |
110.5%
|
40.8%
|
| Dividend Yield |
2.44% |
0% |
| FCF Yield |
3.37%
|
4.64%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Home Depot remains the world's largest home improvement retailer with 2,350+ stores, dominant 52% market share, and a rapidly growing Pro contractor segment bolstered by the SRS Distribution acquisition. The stock has declined 21% from its $427 high to $337, but now trades at 2.28x P/S, near the 5-year median of 2.31x, and 26.5x P/E which is above the 5-year median of 23.5x. EPS declined 4.6% in …
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 |
HD |
MU |
| Zone Low |
$285.00 |
$252.34 |
| Zone High |
$320.00 |
$285.98 |
| In Buy Zone? |
No
|
No
|