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Microchip Technology NasdaqGS:MCHP Stock Report

Last Price

US$55.51

Market Cap

US$29.8b

7D

-7.4%

1Y

-38.5%

Updated

22 Dec, 2024

Data

Company Financials +

Microchip Technology Incorporated

NasdaqGS:MCHP Stock Report

Market Cap: US$29.8b

MCHP Stock Overview

Engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. More details

MCHP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends4/6

My Notes

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Community Narratives

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Microchip Technology Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Microchip Technology
Historical stock prices
Current Share PriceUS$55.51
52 Week HighUS$100.57
52 Week LowUS$55.27
Beta1.48
1 Month Change-16.76%
3 Month Change-27.97%
1 Year Change-38.45%
3 Year Change-36.14%
5 Year Change5.25%
Change since IPO16,902.89%

Recent News & Updates

Is Microchip Technology (NASDAQ:MCHP) Using Too Much Debt?

Dec 20
Is Microchip Technology (NASDAQ:MCHP) Using Too Much Debt?

Recent updates

Is Microchip Technology (NASDAQ:MCHP) Using Too Much Debt?

Dec 20
Is Microchip Technology (NASDAQ:MCHP) Using Too Much Debt?

Microchip Technology (NASDAQ:MCHP) Will Pay A Larger Dividend Than Last Year At $0.455

Nov 09
Microchip Technology (NASDAQ:MCHP) Will Pay A Larger Dividend Than Last Year At $0.455

When Should You Buy Microchip Technology Incorporated (NASDAQ:MCHP)?

Oct 28
When Should You Buy Microchip Technology Incorporated (NASDAQ:MCHP)?

Momentum Is Gone From Microchip Technology

Oct 22

Microchip Technology (NASDAQ:MCHP) Might Have The Makings Of A Multi-Bagger

Oct 01
Microchip Technology (NASDAQ:MCHP) Might Have The Makings Of A Multi-Bagger

Microchip Technology (NASDAQ:MCHP) Seems To Use Debt Quite Sensibly

Sep 04
Microchip Technology (NASDAQ:MCHP) Seems To Use Debt Quite Sensibly

Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.454

Aug 20
Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.454

Downgrade: Here's How Analysts See Microchip Technology Incorporated (NASDAQ:MCHP) Performing In The Near Term

Aug 08
Downgrade: Here's How Analysts See Microchip Technology Incorporated (NASDAQ:MCHP) Performing In The Near Term

Microchip: Cyclical Recovery Got Delayed, But I Still Think It's Near

Aug 06

Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.454

Aug 06
Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.454

Is It Too Late To Consider Buying Microchip Technology Incorporated (NASDAQ:MCHP)?

Jul 28
Is It Too Late To Consider Buying Microchip Technology Incorporated (NASDAQ:MCHP)?

There's Reason For Concern Over Microchip Technology Incorporated's (NASDAQ:MCHP) Price

Jul 15
There's Reason For Concern Over Microchip Technology Incorporated's (NASDAQ:MCHP) Price

We Think Microchip Technology (NASDAQ:MCHP) Can Stay On Top Of Its Debt

Jun 04
We Think Microchip Technology (NASDAQ:MCHP) Can Stay On Top Of Its Debt

Microchip Technology: A Bottom Is Near

May 29

Microchip Technology Incorporated (NASDAQ:MCHP) Just Reported And Analysts Have Been Cutting Their Estimates

May 08
Microchip Technology Incorporated (NASDAQ:MCHP) Just Reported And Analysts Have Been Cutting Their Estimates

Microchip Technology (NASDAQ:MCHP) Could Become A Multi-Bagger

Apr 28
Microchip Technology (NASDAQ:MCHP) Could Become A Multi-Bagger

Here's Why We Think Microchip Technology (NASDAQ:MCHP) Might Deserve Your Attention Today

Apr 16
Here's Why We Think Microchip Technology (NASDAQ:MCHP) Might Deserve Your Attention Today

A Look At The Intrinsic Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

Apr 04
A Look At The Intrinsic Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

Some Confidence Is Lacking In Microchip Technology Incorporated's (NASDAQ:MCHP) P/E

Mar 23
Some Confidence Is Lacking In Microchip Technology Incorporated's (NASDAQ:MCHP) P/E

Microchip: Bullish Stock Price On Analog Market Recovery

Mar 16

Should You Think About Buying Microchip Technology Incorporated (NASDAQ:MCHP) Now?

Feb 29
Should You Think About Buying Microchip Technology Incorporated (NASDAQ:MCHP) Now?

Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.45

Feb 15
Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.45

Microchip Technology: Revenue Continues To Decline As Inventory Destocking Persists

Feb 12

Analysts Just Shaved Their Microchip Technology Incorporated (NASDAQ:MCHP) Forecasts Dramatically

Feb 06
Analysts Just Shaved Their Microchip Technology Incorporated (NASDAQ:MCHP) Forecasts Dramatically

Microchip: Still Digesting An Inventory Build Up

Feb 06

Is Microchip Technology (NASDAQ:MCHP) A Risky Investment?

Jan 29
Is Microchip Technology (NASDAQ:MCHP) A Risky Investment?

Why The 26% Return On Capital At Microchip Technology (NASDAQ:MCHP) Should Have Your Attention

Jan 15
Why The 26% Return On Capital At Microchip Technology (NASDAQ:MCHP) Should Have Your Attention

Shareholder Returns

MCHPUS SemiconductorUS Market
7D-7.4%-1.7%-2.4%
1Y-38.5%71.1%23.4%

Return vs Industry: MCHP underperformed the US Semiconductor industry which returned 71.1% over the past year.

Return vs Market: MCHP underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is MCHP's price volatile compared to industry and market?
MCHP volatility
MCHP Average Weekly Movement5.6%
Semiconductor Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: MCHP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MCHP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198922,300Steve Sanghiwww.microchip.com

Microchip Technology Incorporated engages in the development, manufacture, and sale of 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 mixed-signal 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 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; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications.

Microchip Technology Incorporated Fundamentals Summary

How do Microchip Technology's earnings and revenue compare to its market cap?
MCHP fundamental statistics
Market capUS$29.81b
Earnings (TTM)US$781.60m
Revenue (TTM)US$5.50b

38.1x

P/E Ratio

5.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCHP income statement (TTM)
RevenueUS$5.50b
Cost of RevenueUS$2.18b
Gross ProfitUS$3.32b
Other ExpensesUS$2.53b
EarningsUS$781.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.46
Gross Margin60.32%
Net Profit Margin14.22%
Debt/Equity Ratio102.3%

How did MCHP perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

124%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Microchip Technology Incorporated is covered by 56 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ishan MajumdarBaptista Research
Timothy LukeBarclays