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Microchip Technology Inc Stock Research

MCHP

76.72USD-1.06(-1.36%)Market Closed
Watchlist

Market Summary

USD76.72-1.06
Market Closed
-1.36%

MCHP Alerts

  • 1 major insider sales recently.

MCHP Stock Price

MCHP RSI Chart

MCHP Valuation

Market Cap

41.8B

Price/Earnings (Trailing)

17.42

Price/Sales (Trailing)

4.77

EV/EBITDA

10.65

Price/Free Cashflow

12.66

MCHP Price/Sales (Trailing)

MCHP Profitability

Operating Margin

67.52%

EBT Margin

34.48%

Return on Equity

34.35%

Return on Assets

13.67%

Free Cashflow Yield

7.9%

MCHP Fundamentals

MCHP Revenue

Revenue (TTM)

8.8B

Revenue Y/Y

16.55%

Revenue Q/Q

2.5%

MCHP Earnings

Earnings (TTM)

2.4B

Earnings Y/Y

31.39%

Earnings Q/Q

10.33%

Price Action

52 Week Range

54.5394.30
(Low)(High)

Last 7 days

-2.5%

Last 30 days

-4.7%

Last 90 days

-7.7%

Trailing 12 Months

17.9%

MCHP Financial Health

Current Ratio

0.98

MCHP Investor Care

Dividend Yield

1.79%

Dividend/Share (TTM)

1.37

Buy Backs (1Y)

1.71%

Diluted EPS (TTM)

4.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MCHP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-23
Bjornholt James Eric
sold
-185,803
78.63
-2,363
senior vp and cfo
2023-08-21
CHAPMAN MATTHEW W
acquired
221,269
80.52
2,748
-
2023-08-21
RANGO ROBERT A.
acquired
140,668
80.52
1,747
-
2023-08-21
MEYERCORD WADE F
acquired
221,269
80.52
2,748
-
2023-08-21
Rapp Karen Marie
acquired
221,269
80.52
2,748
-
2023-08-21
Johnson Esther
acquired
221,269
80.52
2,748
-
2023-08-21
Johnson Karlton D
acquired
221,269
80.52
2,748
-
2023-08-15
Bjornholt James Eric
sold (taxes)
-143,418
80.89
-1,773
senior vp and cfo
2023-08-15
SIMONCIC RICHARD J
sold (taxes)
-129,343
80.89
-1,599
exec vp, analog/intrfce bu
2023-08-15
SIMONCIC RICHARD J
acquired
304,955
80.89
3,770
exec vp, analog/intrfce bu

1–10 of 50

Which funds bought or sold MCHP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
2.58
3,144
35,567
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-0.25
11,331
181,028
0.05%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
reduced
-0.82
30,225
529,726
0.06%
2023-09-07
ST GERMAIN D J CO INC
new
-
18,814
18,814
-%
2023-09-05
Westshore Wealth, LLC
reduced
-3.71
5,976
207,132
0.11%
2023-09-01
Portside Wealth Group, LLC
new
-
229,175
229,175
0.04%
2023-08-30
Western Wealth Management, LLC
sold off
-100
-240,116
-
-%
2023-08-30
CHAPIN DAVIS, INC.
unchanged
-
17,569
270,920
0.13%
2023-08-25
STRATEGY ASSET MANAGERS LLC
reduced
-1.11
487,291
8,971,640
1.99%
2023-08-24
Alberta Investment Management Corp
added
28.84
629,866
2,297,090
0.02%

1–10 of 44

Latest Funds Activity

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

Schedule 13G FIlings of Microchip Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
dodge & cox
7.0%
18,281,484
SC 13G/A
Feb 11, 2021
janus henderson group plc
3.5%
9,019,043
SC 13G/A
Feb 10, 2021
vanguard group inc
11.41%
29,709,164
SC 13G/A

Recent SEC filings of Microchip Tech

View All Filings
Date Filed Form Type Document
Sep 15, 2023
8-K
Current Report
Sep 12, 2023
4
Insider Trading
Aug 31, 2023
8-K
Current Report
Aug 23, 2023
144
Notice of Insider Sale Intent
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading

MCHP Fair Value

Loading...

Peers (Alternatives to Microchip Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-10.07% 220.66%
101.17
31.96
9.90% 33.38%
343.0B
35.5B
-4.00% 72.51%
25.06
9.68
11.91% 53.33%
161.9B
21.9B
-7.28% 33.34%
-6.5K
7.4
1.39% -100.80%
147.2B
18.8B
-3.48% -1.61%
19.15
7.82
-3.94% -10.38%
145.1B
54.0B
4.68% 22.88%
-157.35
2.68
-26.36% -104.83%
18.1B
3.0B
-6.86% 26.95%
115.58
6.05
20.63% -17.29%
11.7B
722.9M
-7.22% 65.38%
56.93
16.13
23.44% 50.75%
MID-CAP
5.5B
6.9B
-12.42% 23.72%
9.5
0.8
6.33% -16.28%
4.5B
514.5M
-4.14% 15.96%
49.9
8.77
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-2.70% 33.62%
-44.3
0.67
-7.23% -137.93%
877.0M
1.1B
-12.41% 10.30%
38.86
0.82
-8.91% -64.16%
790.1M
691.3M
-8.49% -14.61%
63.9
1.14
-11.09% -97.27%
483.0M
122.0M
-0.73% -25.65%
-15.55
3.96
-9.27% -3581.39%
309.4M
250.2M
-8.00% -30.79%
-7.81
1.24
-43.50% -156.17%

Microchip Tech News

Capital.com
Semiconductor industry analysis: everything you need to know.
Capital.com,
2 years ago

Returns for MCHP

Cumulative Returns on MCHP

24.9%


10-Year Cumulative Returns

27.7%


7-Year Cumulative Returns

31.6%


5-Year Cumulative Returns

46.1%


3-Year Cumulative Returns

Risks for MCHP

What is the probability of a big loss on MCHP?

77.3%


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

46.9%


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.

Drawdowns

Financials for Microchip Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue3.9%8,7648,4398,0507,6397,2156,8216,4446,0385,6985,4385,2985,2335,2615,2745,2785,3655,4605,3505,0224,6424,221
Cost Of Revenue2.8%2,8172,7412,6512,5572,4632,3712,2882,1902,1102,0602,0322,0272,0362,0322,0292,1222,3552,4182,2962,0881,743
Gross Profit4.4%5,9465,6985,3995,0824,7524,4504,1563,8493,5883,3793,2663,2063,2253,2423,2493,2433,1052,9312,7262,5542,478
Operating Expenses1.8%2,6292,5822,5822,5612,5702,6002,5482,5102,4402,3812,4152,4692,5312,5952,4782,4082,3512,2172,0521,8291,631
  S&GA Expenses1.8%812798781756734719697674638610611627655677678682687683630564502
  R&D Expenses2.6%1,1481,1181,0791,0421,020989959923877836830837857878871871873826745659571
EBITDA-100.0%-4,1123,4733,1712,7282,8832,0941,6691,5161,8501,8121,8521,8651,8631,917------
EBITDA Margin-100.0%-0.49*0.43*0.42*0.38*0.42*0.32*0.28*0.27*0.34*0.34*0.35*0.35*0.35*0.36*------
Interest Expenses-1.5%201204214224235257277302330357394428464497518536545503417329240
Earnings Before Taxes6.9%3,1112,9102,5872,2661,8321,4831,148723547340241235199150256300207205242383609
EBT Margin-100.0%-0.34*0.32*0.30*0.25*0.22*0.18*0.12*0.10*0.06*0.05*0.04*0.04*0.03*0.05*------
Net Income7.1%2,3972,2382,0721,8441,5401,28696464747934933360864457164538437135632828.00121
Net Income Margin-100.0%-0.27*0.26*0.24*0.21*0.19*0.15*0.11*0.08*0.06*0.06*0.12*0.12*0.11*0.12*------
Free Cashflow-100.0%-3,1353,1712,7972,6482,4732,2331,9591,8751,8241,7901,6831,6121,4761,480------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.8%16,49516,37016,11616,14116,20816,20016,04716,21516,27816,47916,57616,77117,02817,42617,58917,85918,24618,35018,15618,66719,249
  Current Assets6.5%3,2703,0692,8342,6762,6432,4532,2012,1492,1572,1452,1532,1222,1352,2172,1042,1782,2792,2151,8782,1762,818
    Cash Equivalents15.9%271234289305377317314253278280371368378401397402434429432460635
  Inventory0.9%1,3361,3251,1651,0309128547687146846656666616576867097347337127038371,105
  Net PPE0.7%1,1861,1781,1141,0889959689309248928558278228448769109379639971,0401,0521,078
  Goodwill0.0%6,6756,6746,6746,6746,6746,6746,6746,6746,6716,6516,6716,6656,6656,6466,6656,6656,6646,6454,4834,4894,974
  Current Liabilities3.2%3,2203,1191,6112,5381,4851,3991,2191,1221,0892,4102,5221,9752,5861,6372,3372,4232,4512,3756442,0882,139
    LT Debt, Current0.0%1,3991,398-999-----1,3231,4939961,5966091,4011,3871,3741,361-1,3351,330
    LT Debt, Non Current-8.1%4,6325,0426,5896,3057,5647,6877,8698,2018,5277,5817,6488,1817,7308,8738,1808,4158,7118,94610,5429,55110,020
Shareholder's Equity4.9%6,8316,5146,3126,1035,9785,8955,8035,7035,5205,3375,2975,4445,5015,5865,6175,3615,2885,2885,1615,1705,124
  Retained Earnings7.9%6,2225,7645,3564,9564,5764,1753,8783,6543,5333,3943,3843,4443,4663,4323,4213,1973,1763,2113,1223,1603,149
  Additional Paid-In Capital-0.5%2,4002,4132,3802,3562,3932,5362,5012,4712,4302,4032,3852,4872,5422,6752,7392,7322,7032,6802,6572,6532,637
Accumulated Depreciation1.8%2,6992,6512,6072,5642,5032,4492,3802,3242,2892,2422,2112,1732,1322,0902,0702,0411,9931,9492,0031,9581,913
Shares Outstanding-0.2%544545548550554555555551548547527512991981957954951950947943941
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations4.2%3,7743,6213,6593,2353,0532,8432,5442,2012,0451,9171,8391,7251,6651,5441,5761,6621,7531,6751,6311,5141,377
  Share Based Compensation1.9%174170174180195210218219213198184176172170168165162166151135116
Cashflow From Investing2.2%-586-599-591-553-518-477-398-323-269-173-145-137-123-133-141-129-170-6,811-6,817-7,155-7,286
Cashflow From Financing-6.1%-3,293-3,104-3,092-2,629-2,435-2,327-2,203-1,992-1,876-1,864-1,719-1,621-1,597-1,438-1,469-1,589-1,7834,6644,9475,2755,772
  Buy Backs-5.8%891946932868621426166--------------

MCHP Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]  
Net sales$ 2,288.6$ 1,963.6
Cost of sales730.2653.7
Gross profit1,558.41,309.9
Research and development298.5269.0
Selling, general and administrative203.6188.9
Amortization of acquired intangible assets151.5167.6
Special charges (income) and other, net1.7(16.9)
Operating expenses655.3608.6
Operating income903.1701.3
Interest income1.50.1
Interest expense(47.2)(50.3)
Loss on settlement of debt(9.1)(6.2)
Other income, net0.01.7
Income before income taxes848.3646.6
Income tax provision (benefit)181.9139.4
Net income$ 666.4$ 507.2
Basic net income per common share (in dollars per share)$ 1.22$ 0.92
Diluted net income per common share (in dollars per share)1.210.90
Dividends declared per common share (in dollars per share)$ 0.3830$ 0.2760
Basic common shares outstanding (in shares)545.1553.8
Diluted common shares outstanding (in shares)551.4561.5

MCHP Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Mar. 31, 2023
ASSETS  
Cash and cash equivalents$ 271.2$ 234.0
Accounts receivable, net1,465.01,305.3
Inventories1,336.41,324.9
Other current assets197.0205.1
Total current assets3,269.63,069.3
Property, plant and equipment, net1,185.71,177.9
Goodwill6,675.46,673.6
Intangible assets, net3,252.83,369.0
Long-term deferred tax assets1,603.71,623.3
Other assets507.4457.2
Total assets16,494.616,370.3
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable281.3396.9
Accrued liabilities1,539.61,323.5
Current portion of long-term debt1,398.71,398.2
Total current liabilities3,219.63,118.6
Long-term debt4,632.25,041.7
Long-term income tax payable718.9705.7
Long-term deferred tax liability42.342.7
Other long-term liabilities1,050.3948.0
Stockholders' equity:  
Preferred stock, $0.001 par value; authorized 5,000,000 shares; no shares issued or outstanding0.00.0
Common stock, $0.001 par value; authorized 900,000,000 shares; 577,805,756 shares issued and 544,333,965 shares outstanding at June 30, 2023; 577,805,623 shares issued and 545,459,814 shares outstanding at March 31, 20230.50.5
Additional paid-in capital2,400.32,413.3
Common stock held in treasury: 33,471,791 shares at June 30, 2023; 32,345,809 shares at March 31, 2023(1,786.7)(1,660.2)
Accumulated other comprehensive loss(4.4)(4.1)
Retained earnings6,221.65,764.1
Total stockholders' equity6,831.36,513.6
Total liabilities and stockholders' equity$ 16,494.6$ 16,370.3
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.