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Microchip Technology NasdaqGS:MCHP Stock Report

Last Price

US$82.84

Market Cap

US$44.8b

7D

1.5%

1Y

4.0%

Updated

24 Feb, 2024

Data

Company Financials +

Microchip Technology Incorporated

NasdaqGS:MCHP Stock Report

Market Cap: US$44.8b

MCHP Stock Overview

Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

MCHP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends5/6

Microchip Technology Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Microchip Technology
Historical stock prices
Current Share PriceUS$82.84
52 Week HighUS$94.30
52 Week LowUS$68.75
Beta1.67
1 Month Change-7.60%
3 Month Change-0.50%
1 Year Change3.97%
3 Year Change8.55%
5 Year Change86.91%
Change since IPO25,274.15%

Recent News & Updates

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

Recent updates

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

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

Dec 17
A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

Is Now The Time To Put Microchip Technology (NASDAQ:MCHP) On Your Watchlist?

Dec 04
Is Now The Time To Put Microchip Technology (NASDAQ:MCHP) On Your Watchlist?

Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.439

Nov 20
Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.439

Why Microchip Technology Incorporated (NASDAQ:MCHP) Could Be Worth Watching

Nov 19
Why Microchip Technology Incorporated (NASDAQ:MCHP) Could Be Worth Watching

Microchip Technology (NASDAQ:MCHP) Is Paying Out A Larger Dividend Than Last Year

Nov 06
Microchip Technology (NASDAQ:MCHP) Is Paying Out A Larger Dividend Than Last Year

Does Microchip Technology (NASDAQ:MCHP) Have A Healthy Balance Sheet?

Oct 29
Does Microchip Technology (NASDAQ:MCHP) Have A Healthy Balance Sheet?

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

Sep 16
A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

If EPS Growth Is Important To You, Microchip Technology (NASDAQ:MCHP) Presents An Opportunity

Sep 01
If EPS Growth Is Important To You, Microchip Technology (NASDAQ:MCHP) Presents An Opportunity

Microchip Technology (NASDAQ:MCHP) Will Pay A Larger Dividend Than Last Year At $0.41

Aug 17
Microchip Technology (NASDAQ:MCHP) Will Pay A Larger Dividend Than Last Year At $0.41

At US$83.46, Is It Time To Put Microchip Technology Incorporated (NASDAQ:MCHP) On Your Watch List?

Aug 07
At US$83.46, Is It Time To Put Microchip Technology Incorporated (NASDAQ:MCHP) On Your Watch List?

Microchip Technology (NASDAQ:MCHP) Has A Rock Solid Balance Sheet

Jul 24
Microchip Technology (NASDAQ:MCHP) Has A Rock Solid Balance Sheet

Calculating The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

Jun 11
Calculating The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

Microchip Technology (NASDAQ:MCHP) Is Investing Its Capital With Increasing Efficiency

May 28
Microchip Technology (NASDAQ:MCHP) Is Investing Its Capital With Increasing Efficiency

Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.383

May 12
Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.383

Is Microchip Technology Incorporated (NASDAQ:MCHP) Potentially Undervalued?

May 08
Is Microchip Technology Incorporated (NASDAQ:MCHP) Potentially Undervalued?

Microchip Technology (NASDAQ:MCHP) Seems To Use Debt Rather Sparingly

Apr 24
Microchip Technology (NASDAQ:MCHP) Seems To Use Debt Rather Sparingly

Does Microchip Technology (NASDAQ:MCHP) Deserve A Spot On Your Watchlist?

Apr 09
Does Microchip Technology (NASDAQ:MCHP) Deserve A Spot On Your Watchlist?

Should You Investigate Microchip Technology Incorporated (NASDAQ:MCHP) At US$85.34?

Feb 06
Should You Investigate Microchip Technology Incorporated (NASDAQ:MCHP) At US$85.34?

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

Jan 24
A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)

Microchip Technology (NASDAQ:MCHP) Could Easily Take On More Debt

Jan 09
Microchip Technology (NASDAQ:MCHP) Could Easily Take On More Debt

Should You Be Adding Microchip Technology (NASDAQ:MCHP) To Your Watchlist Today?

Dec 26
Should You Be Adding Microchip Technology (NASDAQ:MCHP) To Your Watchlist Today?

Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.328

Nov 07
Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.328

At US$63.00, Is It Time To Put Microchip Technology Incorporated (NASDAQ:MCHP) On Your Watch List?

Oct 30
At US$63.00, Is It Time To Put Microchip Technology Incorporated (NASDAQ:MCHP) On Your Watch List?

Is There An Opportunity With Microchip Technology Incorporated's (NASDAQ:MCHP) 39% Undervaluation?

Oct 17
Is There An Opportunity With Microchip Technology Incorporated's (NASDAQ:MCHP) 39% Undervaluation?

Microchip Technology (NASDAQ:MCHP) Has A Pretty Healthy Balance Sheet

Oct 03
Microchip Technology (NASDAQ:MCHP) Has A Pretty Healthy Balance Sheet

Shareholder Returns

MCHPUS SemiconductorUS Market
7D1.5%4.3%1.3%
1Y4.0%98.8%25.6%

Return vs Industry: MCHP underperformed the US Semiconductor industry which returned 98.8% over the past year.

Return vs Market: MCHP underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is MCHP's price volatile compared to industry and market?
MCHP volatility
MCHP Average Weekly Movement3.9%
Semiconductor Industry Average Movement6.3%
Market Average Movement6.1%
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.

Volatility Over Time: MCHP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198922,600Ganesh Moorthyhttps://www.microchip.com

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.

Microchip Technology Incorporated Fundamentals Summary

How do Microchip Technology's earnings and revenue compare to its market cap?
MCHP fundamental statistics
Market capUS$44.77b
Earnings (TTM)US$2.36b
Revenue (TTM)US$8.54b

19.0x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCHP income statement (TTM)
RevenueUS$8.54b
Cost of RevenueUS$2.82b
Gross ProfitUS$5.73b
Other ExpensesUS$3.37b
EarningsUS$2.36b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.36
Gross Margin67.03%
Net Profit Margin27.59%
Debt/Equity Ratio80.4%

How did MCHP perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

37%

Payout Ratio
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