StocksFundsScreenerSectorsWatchlists
MCHP

MCHP - Microchip Technology Inc Stock Price, Fair Value and News

82.10USD+0.42 (+0.51%)Delayed as of 22 Apr 2024, 10:50 am ET

Market Summary

MCHP
USD82.10+0.42
Delayedas of 22 Apr 2024, 10:50 am
0.51%

MCHP Stock Price

View Fullscreen

MCHP RSI Chart

MCHP Valuation

Market Cap

44.1B

Price/Earnings (Trailing)

18.73

Price/Sales (Trailing)

5.17

EV/EBITDA

12.25

Price/Free Cashflow

15.68

MCHP Price/Sales (Trailing)

MCHP Profitability

Operating Margin

67.03%

EBT Margin

34.75%

Return on Equity

33.28%

Return on Assets

14.6%

Free Cashflow Yield

6.38%

MCHP Fundamentals

MCHP Revenue

Revenue (TTM)

8.5B

Rev. Growth (Yr)

-18.6%

Rev. Growth (Qtr)

-21.67%

MCHP Earnings

Earnings (TTM)

2.4B

Earnings Growth (Yr)

-27.76%

Earnings Growth (Qtr)

-37.11%

Breaking Down MCHP Revenue

52 Week Range

70.3094.30
(Low)(High)

Last 7 days

-4.7%

Last 30 days

-7.6%

Last 90 days

-8.7%

Trailing 12 Months

5.4%

How does MCHP drawdown profile look like?

MCHP Financial Health

Current Ratio

0.98

Debt/Equity

0.57

Debt/Cashflow

0.79

MCHP Investor Care

Dividend Yield

1.95%

Dividend/Share (TTM)

1.59

Buy Backs (1Y)

1.35%

Diluted EPS (TTM)

4.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20238.4B8.8B8.9B8.5B
20226.8B7.2B7.6B8.1B
20215.4B5.7B6.0B6.4B
20205.3B5.3B5.2B5.3B
20195.3B5.5B5.4B5.3B
20184.0B4.2B4.6B5.0B
20173.4B3.6B3.7B3.9B
20162.2B2.4B2.8B3.1B
20152.1B2.2B2.1B2.2B
20141.9B2.0B2.1B2.1B
20131.6B1.7B1.8B1.9B
20121.4B1.4B1.4B1.5B
20111.5B1.5B1.5B1.4B
2010947.7M1.1B1.3B1.4B
2009903.3M828.1M785.0M843.0M
20081.0B1.0B969.5M936.4M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Microchip Technology Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 07, 2024
sanghi steve
sold
-3,392,790
93.0985
-36,443
executive chair
Mar 06, 2024
johnson karlton d
sold
-7,992
86.88
-92.00
-
Mar 01, 2024
drehobl stephen v
acquired
21,248
55.1905
385
senior vp, mcu8/mcu16 bu
Mar 01, 2024
simoncic richard j
acquired
21,248
55.1905
385
exec vp, analog/intrfce bu
Mar 01, 2024
bjornholt james eric
acquired
20,089
55.1905
364
senior vp and cfo
Mar 01, 2024
moorthy ganesh
acquired
21,248
55.1905
385
president & ceo
Feb 23, 2024
bjornholt james eric
sold
-165,283
83.9
-1,970
senior vp and cfo
Feb 15, 2024
sanghi steve
acquired
1,007,610
82.51
12,212
executive chair
Feb 15, 2024
drehobl stephen v
acquired
388,622
82.51
4,710
senior vp, mcu8/mcu16 bu
Feb 15, 2024
moorthy ganesh
sold (taxes)
-435,735
82.51
-5,281
president & ceo

1–10 of 50

Which funds bought or sold MCHP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
PLIMOTH TRUST CO LLC
reduced
-1.77
-26,637
1,142,460
0.30%
Apr 18, 2024
WOODMONT INVESTMENT COUNSEL LLC
unchanged
-
-4,225
806,493
0.07%
Apr 18, 2024
West Oak Capital, LLC
reduced
-39.68
-25,000
51,000
0.02%
Apr 18, 2024
Optas, LLC
reduced
-2.06
-6,746
255,316
0.07%
Apr 18, 2024
BKM Wealth Management, LLC
sold off
-100
-27,143
-
-%
Apr 18, 2024
FOSTER & MOTLEY INC
added
5.02
191,000
4,452,000
0.31%
Apr 18, 2024
Tributary Capital Management, LLC
reduced
-1.45
-12,215
610,207
0.05%
Apr 18, 2024
Piscataqua Savings Bank
reduced
-23.21
-165,857
536,729
0.47%
Apr 18, 2024
PayPay Securities Corp
reduced
-2.17
-185
4,037
0.20%
Apr 18, 2024
Compass Ion Advisors, LLC
reduced
-43.94
-925,588
1,166,770
0.17%

1–10 of 47

Are Funds Buying or Selling MCHP?

Are funds buying MCHP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MCHP
No. of Funds

Unveiling Microchip Technology Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.32%
66,660,817
SC 13G/A
Jan 25, 2024
blackrock inc.
8.4%
45,399,963
SC 13G/A
Feb 14, 2023
dodge & cox
4.2%
23,368,666
SC 13G/A
Feb 09, 2023
vanguard group inc
12.05%
66,300,914
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
43,244,463
SC 13G/A
Feb 14, 2022
dodge & cox
5.3%
29,539,169
SC 13G/A
Feb 10, 2022
vanguard group inc
11.49%
63,734,425
SC 13G/A
Feb 01, 2022
blackrock inc.
7.7%
42,993,442
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
4.9%
12,994,028
SC 13G/A
Feb 11, 2021
janus henderson group plc
3.5%
9,019,043
SC 13G/A

Recent SEC filings of Microchip Technology Inc

View All Filings
Date Filed Form Type Document
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 02, 2024
8-K
Current Report
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 07, 2024
144
Notice of Insider Sale Intent
Mar 07, 2024
8-K
Current Report

Peers (Alternatives to Microchip Technology Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.9T
60.9B
-15.67% 181.19%
64.03
31.28
125.85% 581.31%
236.8B
22.7B
-18.47% 62.61%
277.24
10.44
-3.90% -35.30%
157.7B
26.5B
-7.48% 65.85%
22.03
5.95
0.88% 10.98%
144.6B
54.2B
-18.98% 10.79%
85.59
2.67
-14.00% -78.92%
90.9B
11.6B
-5.65% -1.95%
32.29
7.86
-8.03% -17.90%
MID-CAP
7.0B
6.5B
-9.90% 20.42%
19.48
1.08
-8.30% -53.02%
4.4B
1.8B
-9.26% -7.45%
25.13
2.47
-11.16% -46.12%
3.1B
1.1B
-16.19% -24.40%
12.56
2.74
22.89% 34.51%
3.1B
1.7B
1.06% -20.52%
13.53
1.85
-16.94% -31.42%
1.7B
226.5M
-19.15% -39.10%
-9.91
7.41
-32.92% -159.10%
SMALL-CAP
1.5B
557.7M
-14.37% 129.75%
19.45
2.7
43.44% 97.00%
552.8M
640.0M
-8.48% -21.30%
-32.24
0.86
-19.44% -128.49%
299.6M
71.9M
-30.71% -61.91%
19.45
4.17
14.14% 8.17%
151.7M
550.0K
-8.64% 3.07%
-7.67
275.88
43.98% -13.47%
67.4M
116.7M
-4.04% -45.46%
-3.51
0.58
15.07% -240.88%

Microchip Technology Inc News

Latest updates
MarketBeat • 4 hours ago
MarketWatch • 19 Apr 2024 • 08:54 pm
Yahoo Finance • 13 Apr 2024 • 01:00 pm

Microchip Technology Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-21.7%1,7662,2542,2892,2332,1692,0731,9641,8441,7581,6501,5691,4671,3521,3101,3101,3261,2871,3381,3231,3301,375
Cost Of Revenue-11.2%646727730713698675654624604582562540506502511513502510507509595
Gross Profit-26.7%1,1201,5271,5581,5191,4711,3981,3101,2201,1531,0681,008927846808798814786828815821780
Operating Expenses-8.1%591642655671659643609671638652639619600582580653654644644536585
  S&GA Expenses-12.4%172197204204203202189187178180174165154145146166171172168167175
  R&D Expenses-9.1%266293299298282269269259245246238229210200198222217220219215218
EBITDA Margin-2.5%0.46*0.47*0.47*0.46*0.46*0.45*0.41*0.39*0.36*0.32*0.31*0.29*---------
Interest Expenses5.1%49.0047.0047.0048.0053.0053.0050.0058.0062.0065.0072.0078.0087.0093.0099.00115120130133136138
Income Taxes-61.0%65.0016718219818215313941.0089.0023.0044.0028.00-19.4015.00-34.10-54.10-300-55.40-10.20-23.506.00
Earnings Before Taxes-41.9%48483484880276269964747944226529714417.0089.0090.0046.0011.0054.0041.0015155.00
EBT Margin-4.2%0.35*0.36*0.36*0.34*0.32*0.30*0.25*0.22*0.18*0.12*0.10*0.06*---------
Net Income-37.1%41966766660458054650743835324225311636.0074.0012410031110951.0017549.00
Net Income Margin-2.0%0.28*0.28*0.27*0.27*0.26*0.24*0.21*0.19*0.15*0.11*0.08*0.06*---------
Free Cashflow46.5%7945428825971,137683719633763533544394---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-2.8%16,14316,60116,49516,37016,11616,14116,20816,20016,04716,21516,27816,47916,57616,77117,02817,42617,58917,85918,24618,35018,156
  Current Assets-8.7%3,2203,5263,2703,0692,8342,6762,6432,4532,2012,1492,1572,1452,1532,1222,1352,2172,1042,1782,2792,2151,878
    Cash Equivalents9.5%281257271234289305377317314253278280371368378401397402434429432
  Inventory-1.5%1,3111,3311,3361,3251,1651,030912854768714684665666661657686709734733712703
  Net PPE0.1%1,2081,2071,1861,1781,1141,0889959689309248928558278228448769109379639971,040
  Goodwill0%6,6756,6756,6756,6746,6746,6746,6746,6746,6746,6746,6716,6516,6716,6656,6656,6466,6656,6656,6646,6454,483
  Current Liabilities-3.5%3,2933,4133,2203,1191,6112,5381,4851,3991,2191,1221,0892,4102,5221,9752,5861,6372,3372,4232,4512,375644
  Long Term Debt-8.6%4,0334,4154,6325,0426,5896,3057,5647,6877,8698,2018,5277,5817,6488,1817,7308,8738,1808,4158,7118,94610,542
    LT Debt, Current0.1%1,6621,6611,3991,398-999-----1,3231,4939961,5966091,4011,3871,3741,361-
    LT Debt, Non Current-8.6%4,0334,4154,6325,0426,5896,3057,5647,6877,8698,2018,5277,5817,6488,1817,7308,8738,1808,4158,7118,94610,542
Shareholder's Equity1.6%7,0806,9696,8316,5146,3126,1035,9785,8955,8035,7035,5205,3375,2975,4445,5015,5865,6175,3615,2885,2885,161
  Retained Earnings2.7%6,8476,6666,2225,7645,3564,9564,5764,1753,8783,6543,5333,3943,3843,4443,4663,4323,4213,1973,1763,2113,122
  Additional Paid-In Capital1.3%2,4462,4152,4002,4132,3802,3562,3932,5362,5012,4712,4302,4032,3852,4872,5422,6752,7392,7322,7032,6802,657
Accumulated Depreciation1.2%2,7792,7462,6992,6512,6072,5642,5032,4492,3802,3242,2892,2422,2112,1732,1322,0902,0702,0411,9931,9492,003
Shares Outstanding-0.1%540541544545552553554555555549548519---------
Float------32,900---41,700---26,200---21,697---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations38.5%8536169937101,278793840748853612630449510456502372396396381403482
  Share Based Compensation-1.3%45.0045.0045.0044.0044.0041.0041.0047.0051.0056.0057.0055.0051.0050.0042.0041.0044.0045.0041.0039.0040.00
Cashflow From Investing8.1%-86.20-93.80-140-150-164-130-153-142-126-96.00-112-63.20-51.50-41.70-16.90-35.50-43.00-28.40-26.30-43.60-31.40
Cashflow From Financing-38.3%-742-537-815-613-1,129-734-626-601-666-540-519-476-455-424-507-332-357-399-348-363-477
  Buy Backs-66.3%115340140274230247195260166------------

MCHP Income Statement

2023-12-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Net sales$ 1,765.7$ 2,169.2$ 6,308.6$ 6,206.0
Cost of sales645.7698.42,102.82,027.4
Gross profit1,120.01,470.84,205.84,178.6
Research and development266.0282.4857.1820.0
Selling, general and administrative172.2202.9572.4594.2
Amortization of acquired intangible assets151.3167.4454.2502.5
Special charges (income) and other, net1.16.54.6(6.1)
Operating expenses590.6659.21,888.31,910.6
Operating income529.4811.62,317.52,268.0
Interest income2.00.85.11.1
Interest expense(49.2)(52.8)(143.2)(156.4)
Loss on settlement of debt0.00.0(12.2)(8.3)
Other income (loss), net2.12.6(1.0)3.5
Income before income taxes484.3762.22,166.22,107.9
Income tax provision65.1181.9414.0474.2
Net income$ 419.2$ 580.3$ 1,752.2$ 1,633.7
Basic net income per common share (in dollars per share)$ 0.78$ 1.06$ 3.23$ 2.96
Diluted net income per common share (in dollars per share)0.771.043.192.93
Dividends declared per common share (in dollars per share)$ 0.439$ 0.328$ 1.232$ 0.905
Basic common shares outstanding (in shares)540.8549.2543.0551.5
Diluted common shares outstanding (in shares)546.5555.4549.0558.4

MCHP Balance Sheet

2023-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Mar. 31, 2023
ASSETS  
Cash and cash equivalents$ 281.0$ 234.0
Accounts receivable, net1,398.11,305.3
Inventories1,311.11,324.9
Other current assets229.4205.1
Total current assets3,219.63,069.3
Property, plant and equipment, net1,208.31,177.9
Goodwill6,675.46,673.6
Intangible assets, net2,936.53,369.0
Long-term deferred tax assets1,538.21,623.3
Other assets565.0457.2
Total assets16,143.016,370.3
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable242.2396.9
Accrued liabilities1,388.91,323.5
Current portion of long-term debt1,662.11,398.2
Total current liabilities3,293.23,118.6
Long-term debt4,033.35,041.7
Long-term income tax payable635.1705.7
Long-term deferred tax liability33.042.7
Other long-term liabilities1,068.2948.0
Stockholders' equity:  
Preferred stock, $0.001 par value; authorized 5,000,000 shares; no shares issued or outstanding0.00.0
Common stock, $0.001 par value; authorized 900,000,000 shares; 577,806,659 shares issued and 540,387,949 shares outstanding at December 31, 2023; 577,805,623 shares issued and 545,459,814 shares outstanding at March 31, 20230.50.5
Additional paid-in capital2,445.82,413.3
Common stock held in treasury: 37,418,710 shares at December 31, 2023; 32,345,809 shares at March 31, 2023(2,208.6)(1,660.2)
Accumulated other comprehensive loss(4.8)(4.1)
Retained earnings6,847.35,764.1
Total stockholders' equity7,080.26,513.6
Total liabilities and stockholders' equity$ 16,143.0$ 16,370.3
MCHP
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
 CEO
 WEBSITEmicrochip.com
 INDUSTRYSemiconductors
 EMPLOYEES22600

Microchip Technology Inc Frequently Asked Questions


What is the ticker symbol for Microchip Technology Inc? What does MCHP stand for in stocks?

MCHP is the stock ticker symbol of Microchip Technology Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Microchip Technology Inc (MCHP)?

As of Fri Apr 19 2024, market cap of Microchip Technology Inc is 44.12 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MCHP stock?

You can check MCHP's fair value in chart for subscribers.

What is the fair value of MCHP stock?

You can check MCHP's fair value in chart for subscribers. The fair value of Microchip Technology Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Microchip Technology Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MCHP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Microchip Technology Inc a good stock to buy?

The fair value guage provides a quick view whether MCHP is over valued or under valued. Whether Microchip Technology Inc is cheap or expensive depends on the assumptions which impact Microchip Technology Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MCHP.

What is Microchip Technology Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, MCHP's PE ratio (Price to Earnings) is 18.73 and Price to Sales (PS) ratio is 5.17. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MCHP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Microchip Technology Inc's stock?

In the past 10 years, Microchip Technology Inc has provided 0.233 (multiply by 100 for percentage) rate of return.