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MCHP

75.14USD-1.44(-1.88%)Market Closed

Microchip Technology Inc

Market Summary

USD75.14-1.44Market Closed
-1.88%

MCHP Alerts

MCHP Stock Price

RSI Chart

Valuation

Market Cap

34.8B

Price/Earnings

22.6

Price/Sales

4.82

Price/Cashflow

11.4

MarketCap/EBT

19

Price/Sales

Profitability

Operating Margin

65.86%

EBT Margin

25.39%

Return on Equity

25.76%

Return on Assets

9.5%

Fundamentals

Revenue

Revenue (TTM)

7.2B

Revenue Y/Y

25.12%

Revenue Q/Q

6.47%

Earnings

Earnings (TTM)

1.5B

Earnings Y/Y

100.63%

Earnings Q/Q

15.83%

Price Action

52 Week Range

53.8688.54
(Low)(High)

Last 7 days

1.2%

Last 30 days

18.2%

Last 90 days

16.1%

Trailing 12 Months

-9.0%

Financial Health

Current Ratio

1.78

Debt/Equity

1.27

Debt/Cashflow

0.4

Investor Care

Dividend Yield

1.55%

Dividend/Share (TTM)

0.98

Buy Backs (1Y)

49.60%

Diluted EPS (TTM)

2.72

Peers (Alternatives to Microchip Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
344.5B
28.6B
12.93% -46.74%
44.5
11.58
17.68% -27.42%
191.5B
31.7B
13.01% -4.92%
21.45
6.05
19.50% 82.82%
147.4B
20.2B
7.19% -7.88%
16.52
7.3
14.79% 21.94%
120.0B
69.5B
1.42% -41.68%
9.02
1.73
-11.38% -36.97%
100.1B
22.8B
12.99% -49.47%
31.98
4.64
53.70% -42.73%
14.1B
2.5B
2.51% 58.88%
149.27
5.6
-3.85% -79.08%
MID-CAP
7.0B
626.2M
31.41% -8.28%
51.67
11.99
30.27% 86.50%
5.1B
6.5B
25.31% 14.98%
7.35
0.78
19.23% 49.17%
3.9B
699.0M
11.08% -18.29%
20.84
5.38
2.60% 25.00%
SMALL-CAP
918.1M
799.0M
-1.07% -32.50%
2.03
1.18
15.40% 533.32%
752.7M
1.3B
15.53% -34.09%
11.95
0.64
19.99% 7.15%
687.4M
1.8B
10.04% -44.92%
10.22
0.37
39.00% 721.30%
641.7M
135.3M
-5.23% -37.85%
719.35
4.77
15.85% -646.22%
449.5M
387.0M
-2.10% -46.93%
6.37
1.02
-23.64% -38.86%

Financials for Microchip Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue5.8%7,2156,8216,4446,0385,698
Cost Of Revenue3.9%2,4632,3712,2882,1902,110
Gross Profit6.8%4,7524,4504,1563,8493,588
Operating Expenses-1.2%2,5702,6002,5482,5102,440
  S&GA Expenses2.0%734719697674638
  R&D Expenses3.1%1,020989959923877
Earnings Before Taxes23.6%1,8321,4831,148723547
Net Income19.8%1,5401,286964647479
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.1%16,20816,20016,04716,21516,278
  Current Assets7.8%2,6432,4532,2012,1492,157
    Cash Equivalents18.8%377317314253278
  Inventory6.7%912854768714684
  Net PPE2.8%995968930924892
  Goodwill0%6,6746,6746,6746,6746,671
  Current Liabilities6.2%1,4851,3991,2191,1221,089
  Long Term Debt-1.6%7,5647,6877,8698,2018,527
    LT Debt, CurrentNaN%-----
    LT Debt, Non Current-1.6%7,5647,6877,8698,2018,527
Shareholder's Equity1.4%5,9785,8955,8035,7035,520
  Retained Earnings9.6%4,5764,1753,8783,6543,533
  Additional Paid-In Capital-5.6%2,3932,5362,5012,4712,430
Accumulated Depreciation2.2%2,5032,4492,3802,3242,289
Shares Outstanding-0.4%5525555565551,096
Float-41,700----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations7.4%3,0532,8432,5442,2012,045
  Share Based Compensation-7.3%195210218219213
Cashflow From Investing-8.6%-518.80-477.70-398.20-323.40-269.10
Cashflow From Financing-4.6%-2,435.00-2,327.60-2,203.20-1,992.10-1,876.00
  Buy Backs113.7%91042600
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on MCHP?

65.4%


Probability that Microchip Tech stock will be more than 20% underwater in next one year

46.1%


Probability that Microchip Tech stock will be more than 30% underwater in next one year.

18.5%


Probability that Microchip Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MCHP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Microchip Tech was unfortunately bought at previous high price.

Returns

Cumulative Returns on MCHP

28.3%


10-Year Cumulative Returns

32.9%


7-Year Cumulative Returns

30.0%


5-Year Cumulative Returns

46.9%


3-Year Cumulative Returns

What are the long-term rolling returns for MCHP?

FIve years rolling returns for Microchip Tech.

Which funds bought or sold MCHP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
50.93
464,000
1,256,000
0.05%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-24.2
-14,797
63,000
0.04%
2022-11-22
IHT Wealth Management, LLC
ADDED
59.1
164,000
407,000
0.03%
2022-11-22
CVA Family Office, LLC
ADDED
20.67
35,000
166,000
0.04%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
3,220,000
3,220,000
0.04%
2022-11-22
National Asset Management, Inc.
SOLD OFF
-100
-214,000
-
-%
2022-11-22
Seaport Global Advisors, LLC
ADDED
10.61
27,000
196,000
0.80%
2022-11-21
FourThought Financial, LLC
ADDED
1.06
3,000
58,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.26
2,001,000
55,340,000
0.09%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
375
7,000
9,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying MCHP calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MCHP

Microchip Tech News

MarketWatch

Microchip Technology Inc. stock falls Tuesday, underperforms market.11 hours ago

MCHP Fair Value

Microchip Tech fair value in different scenarios

The table shows the Fair Value estimates for Microchip Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

44.19

-41.19%

65.63

-12.66%

91.38

21.61%

118.01

57.05%

144.17

91.87%

Current Inflation

40.05

-46.70%

58.20

-22.54%

79.55

5.87%

102.09

35.87%

123.89

64.88%

Very High Inflation

34.99

-53.43%

49.39

-34.27%

65.82

-12.40%

83.73

11.43%

100.68

33.99%

Historical Microchip Tech Fair Value Estimates


Recent SEC filings of Microchip Tech

View All Filings
Date Filed Form Type Document
Nov 23, 2022
4
Insider Trading
Nov 23, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 03, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report

Latest Insider Trading transactions for MCHP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-22
CHAPMAN MATTHEW W
SOLD
-72,880
72.88
-1,000
-
2022-11-22
Bjornholt James Eric
SOLD
-191,674
72.88
-2,630
Senior VP and CFO
2022-11-16
SIMONCIC RICHARD J
GIFTED
-36,820
73.64
-500
Senior VP, Analog/Intrfce BU
2022-11-15
MOORTHY GANESH
ACQUIRED
1,590,040
76.94
20,666
President & CEO
2022-11-15
MOORTHY GANESH
SOLD FOR TAXES
-682,996
76.94
-8,877
President & CEO
2022-11-15
DREHOBL STEPHEN V
SOLD FOR TAXES
-324,148
76.94
-4,213
Senior VP, MCU8/MCU16 BU
2022-11-15
SIMONCIC RICHARD J
SOLD
-663,187
77.1507
-8,596
Senior VP, Analog/Intrfce BU
2022-11-15
SIMONCIC RICHARD J
SOLD FOR TAXES
-220,664
76.94
-2,868
Senior VP, Analog/Intrfce BU
2022-11-15
Bjornholt James Eric
ACQUIRED
498,417
76.94
6,478
Senior VP and CFO
2022-11-15
DREHOBL STEPHEN V
ACQUIRED
744,164
76.94
9,672
Senior VP, MCU8/MCU16 BU

1–10 of 50

Ganesh Moorthy
21000
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; 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 development tools that enable system designers to program microcontroller 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 memory products consisting of 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 Smartbits one time programmable NVM 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.

MCHP Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 2,073.2$ 1,649.8$ 4,036.8$ 3,219.2
Cost of sales675.3581.51,329.01,143.3
Gross profit1,397.91,068.32,707.82,075.9
Research and development268.6246.2537.6484.6
Selling, general and administrative202.4179.9391.3354.2
Amortization of acquired intangible assets167.5215.7335.1431.3
Special charges (income) and other, net4.310.2(12.6)20.7
Operating expenses642.8652.01,251.41,290.8
Operating income755.1416.31,456.4785.1
Other income (expense):    
Interest income0.20.10.30.4
Interest expense(53.3)(64.8)(103.6)(137.1)
Loss on settlement of debt(2.1)(85.2)(8.3)(85.5)
Other (loss) income, net(0.8)(1.6)0.9(1.1)
Income before income taxes699.1264.81,345.7561.8
Income tax provision152.922.8292.367.0
Net income$ 546.2$ 242.0$ 1,053.4$ 494.8
Basic net income per common share (in dollars per share)$ 0.99$ 0.44$ 1.91$ 0.90
Diluted net income per common share (in dollars per share)0.980.431.880.87
Dividends declared per common share (in dollars per share)$ 0.3010$ 0.2185$ 0.5770$ 0.4250
Basic common shares outstanding (in shares)551.5551.3552.7549.4
Diluted common shares outstanding (in shares)558.3565.9559.9565.5

MCHP Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Mar. 31, 2022
ASSETS  
Cash and cash equivalents$ 304.8$ 317.4
Short-term investments2.02.0
Accounts receivable, net1,133.21,072.6
Inventories1,030.3854.4
Other current assets205.7206.2
Total current assets2,676.02,452.6
Property, plant and equipment, net1,088.3967.9
Goodwill6,673.66,673.6
Intangible assets, net3,704.94,043.1
Long-term deferred tax assets1,692.31,797.1
Other assets306.0265.2
Total assets16,141.116,199.5
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable379.8344.7
Accrued liabilities1,160.01,054.3
Current portion of long-term debt998.60.0
Total current liabilities2,538.41,399.0
Long-term debt6,304.97,687.4
Long-term income tax payable666.8704.6
Long-term deferred tax liability41.539.8
Other long-term liabilities486.4473.9
Stockholders' equity:  
Preferred stock, $0.001 par value; authorized 5,000,000 shares; no shares issued or outstanding0.00.0
Common stock, $0.001 par value; authorized 900,000,000 shares; 577,805,396 shares issued and 550,008,686 shares outstanding at September 30, 2022; 577,805,396 shares issued and 554,500,524 shares outstanding at March 31, 20220.60.6
Additional paid-in capital2,355.52,535.9
Common stock held in treasury: 27,796,710 shares at September 30, 2022; 23,304,872 shares at March 31, 2022(1,197.4)(796.3)
Accumulated other comprehensive loss(11.6)(20.6)
Retained earnings4,956.04,175.2
Total stockholders' equity6,103.15,894.8
Total liabilities and stockholders' equity$ 16,141.1$ 16,199.5