Microchip Technology Future Growth
Future criteria checks 2/6
Microchip Technology is forecast to grow earnings and revenue by 5.7% and 2.7% per annum respectively. EPS is expected to grow by 6.2% per annum. Return on equity is forecast to be 49% in 3 years.
Key information
5.7%
Earnings growth rate
6.2%
EPS growth rate
| Semiconductor earnings growth | 24.2% |
| Revenue growth rate | 2.7% |
| Future return on equity | 49.0% |
| Analyst coverage | Good |
| Last updated | 07 May 2024 |
Recent future growth updates
Recent updates
Microchip Technology Incorporated (NASDAQ:MCHP) Just Reported And Analysts Have Been Cutting Their Estimates
May 08
Microchip Technology (NASDAQ:MCHP) Could Become A Multi-Bagger
Apr 28Here's Why We Think Microchip Technology (NASDAQ:MCHP) Might Deserve Your Attention Today
Apr 16A Look At The Intrinsic Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Apr 04Some Confidence Is Lacking In Microchip Technology Incorporated's (NASDAQ:MCHP) P/E
Mar 23Microchip: Bullish Stock Price On Analog Market Recovery
Mar 16Should You Think About Buying Microchip Technology Incorporated (NASDAQ:MCHP) Now?
Feb 29Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.45
Feb 15Microchip Technology: Revenue Continues To Decline As Inventory Destocking Persists
Feb 12Analysts Just Shaved Their Microchip Technology Incorporated (NASDAQ:MCHP) Forecasts Dramatically
Feb 06Microchip: Still Digesting An Inventory Build Up
Feb 06Is Microchip Technology (NASDAQ:MCHP) A Risky Investment?
Jan 29Why The 26% Return On Capital At Microchip Technology (NASDAQ:MCHP) Should Have Your Attention
Jan 15A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Dec 17Is Now The Time To Put Microchip Technology (NASDAQ:MCHP) On Your Watchlist?
Dec 04Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.439
Nov 20Why Microchip Technology Incorporated (NASDAQ:MCHP) Could Be Worth Watching
Nov 19Microchip Technology (NASDAQ:MCHP) Is Paying Out A Larger Dividend Than Last Year
Nov 06Does Microchip Technology (NASDAQ:MCHP) Have A Healthy Balance Sheet?
Oct 29A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Sep 16If EPS Growth Is Important To You, Microchip Technology (NASDAQ:MCHP) Presents An Opportunity
Sep 01Microchip Technology (NASDAQ:MCHP) Will Pay A Larger Dividend Than Last Year At $0.41
Aug 17At US$83.46, Is It Time To Put Microchip Technology Incorporated (NASDAQ:MCHP) On Your Watch List?
Aug 07Microchip Technology (NASDAQ:MCHP) Has A Rock Solid Balance Sheet
Jul 24Calculating The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Jun 11Microchip Technology (NASDAQ:MCHP) Is Investing Its Capital With Increasing Efficiency
May 28Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.383
May 12Is Microchip Technology Incorporated (NASDAQ:MCHP) Potentially Undervalued?
May 08Microchip Technology (NASDAQ:MCHP) Seems To Use Debt Rather Sparingly
Apr 24Does Microchip Technology (NASDAQ:MCHP) Deserve A Spot On Your Watchlist?
Apr 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 7,915 | 1,964 | 2,423 | N/A | 9 |
| 3/31/2026 | 6,913 | 1,546 | 2,109 | N/A | 23 |
| 3/31/2025 | 5,494 | 730 | 1,885 | N/A | 22 |
| 3/31/2024 | 7,634 | 1,907 | N/A | N/A | N/A |
| 12/31/2023 | 8,541 | 2,356 | 2,815 | 3,172 | N/A |
| 9/30/2023 | 8,945 | 2,517 | 3,157 | 3,597 | N/A |
| 6/30/2023 | 8,764 | 2,397 | 3,298 | 3,774 | N/A |
| 3/31/2023 | 8,439 | 2,238 | 3,135 | 3,621 | N/A |
| 12/31/2022 | 8,050 | 2,072 | 3,171 | 3,659 | N/A |
| 9/30/2022 | 7,639 | 1,844 | 2,797 | 3,235 | N/A |
| 6/30/2022 | 7,215 | 1,540 | 2,648 | 3,053 | N/A |
| 3/31/2022 | 6,821 | 1,286 | 2,473 | 2,843 | N/A |
| 12/31/2021 | 6,444 | 964 | 2,233 | 2,544 | N/A |
| 9/30/2021 | 6,038 | 647 | 1,959 | 2,201 | N/A |
| 6/30/2021 | 5,698 | 479 | 1,875 | 2,045 | N/A |
| 3/31/2021 | 5,438 | 349 | 1,824 | 1,917 | N/A |
| 12/31/2020 | 5,298 | 333 | 1,790 | 1,839 | N/A |
| 9/30/2020 | 5,233 | 608 | 1,683 | 1,725 | N/A |
| 6/30/2020 | 5,261 | 644 | 1,612 | 1,665 | N/A |
| 3/31/2020 | 5,274 | 571 | 1,476 | 1,544 | N/A |
| 12/31/2019 | 5,278 | 645 | 1,480 | 1,576 | N/A |
| 9/30/2019 | 5,365 | 384 | 1,552 | 1,662 | N/A |
| 6/30/2019 | 5,460 | 371 | 1,590 | 1,753 | N/A |
| 3/31/2019 | 5,350 | 356 | 1,446 | 1,675 | N/A |
| 12/31/2018 | 5,022 | 328 | 1,384 | 1,631 | N/A |
| 9/30/2018 | 4,641 | 28 | 1,228 | 1,514 | N/A |
| 6/30/2018 | 4,221 | 121 | 1,103 | 1,377 | N/A |
| 3/31/2018 | 3,981 | 255 | 1,213 | 1,420 | N/A |
| 12/31/2017 | 3,881 | 246 | N/A | 1,383 | N/A |
| 9/30/2017 | 3,721 | 604 | N/A | 1,309 | N/A |
| 6/30/2017 | 3,580 | 450 | N/A | 1,181 | N/A |
| 3/31/2017 | 3,408 | 171 | N/A | 1,060 | N/A |
| 12/31/2016 | 3,063 | 101 | N/A | 939 | N/A |
| 9/30/2016 | 2,769 | 55 | N/A | 859 | N/A |
| 6/30/2016 | 2,439 | 84 | N/A | 787 | N/A |
| 3/31/2016 | 2,173 | 324 | N/A | 744 | N/A |
| 12/31/2015 | 2,159 | 356 | N/A | 720 | N/A |
| 9/30/2015 | 2,147 | 381 | N/A | 695 | N/A |
| 6/30/2015 | 2,152 | 410 | N/A | 737 | N/A |
| 3/31/2015 | 2,147 | 369 | N/A | 721 | N/A |
| 12/31/2014 | 2,097 | 381 | N/A | 746 | N/A |
| 9/30/2014 | 2,051 | 400 | N/A | 709 | N/A |
| 6/30/2014 | 1,997 | 407 | N/A | 675 | N/A |
| 3/31/2014 | 1,931 | 395 | N/A | 677 | N/A |
| 12/31/2013 | 1,868 | 343 | N/A | 601 | N/A |
| 9/30/2013 | 1,802 | 248 | N/A | 592 | N/A |
| 6/30/2013 | 1,692 | 127 | N/A | 498 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCHP's forecast earnings growth (5.7% per year) is above the savings rate (2.4%).
Earnings vs Market: MCHP's earnings (5.7% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: MCHP's earnings are forecast to grow, but not significantly.
Revenue vs Market: MCHP's revenue (2.7% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: MCHP's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCHP's Return on Equity is forecast to be very high in 3 years time (49%).