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Microchip Technology NasdaqGS:MCHP Stock Report

Last Price

US$77.28

Market Cap

US$38.6b

7D

-8.4%

1Y

-7.2%

Updated

08 Aug, 2024

Data

Company Financials +

Microchip Technology Incorporated

NasdaqGS:MCHP Stock Report

Market Cap: US$38.6b

MCHP Stock Overview

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

MCHP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends5/6

Community Narratives

Narratives bring a range of perspectives from our community.

US$95.1

FV  

24.3% undervalued intrinsic discount

4.66%

Revenue growth p.a.

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3 days agoauthor updated this narrative

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$77.28
52 Week HighUS$100.57
52 Week LowUS$68.75
Beta1.54
11 Month Change-16.31%
3 Month Change-15.54%
1 Year Change-7.24%
33 Year Change2.26%
5 Year Change77.98%
Change since IPO23,571.10%

Recent News & Updates

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

Recent updates

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

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)

Shareholder Returns

MCHPUS SemiconductorUS Market
7D-8.4%-12.8%-5.7%
1Y-7.2%55.5%14.1%

Return vs Industry: MCHP underperformed the US Semiconductor industry which returned 55.5% over the past year.

Return vs Market: MCHP underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is MCHP's price volatile compared to industry and market?
MCHP volatility
MCHP Average Weekly Movement5.7%
Semiconductor Industry Average Movement8.0%
Market Average Movement6.2%
10% most volatile stocks in US Market14.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: MCHP's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
198922,300Ganesh Moorthywww.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$38.63b
Earnings (TTM)US$1.37b
Revenue (TTM)US$6.59b

30.3x

P/E Ratio

6.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCHP income statement (TTM)
RevenueUS$6.59b
Cost of RevenueUS$2.41b
Gross ProfitUS$4.17b
Other ExpensesUS$2.80b
EarningsUS$1.37b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.55
Gross Margin63.37%
Net Profit Margin20.80%
Debt/Equity Ratio96.3%

How did MCHP perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

69%

Payout Ratio

Does MCHP pay a reliable dividends?

See MCHP dividend history and benchmarks
When do you need to buy MCHP by to receive an upcoming dividend?
Microchip Technology dividend dates
Ex Dividend DateAug 22 2024
Dividend Pay DateSep 05 2024
Days until Ex dividend13 days
Days until Dividend pay date27 days

Does MCHP pay a reliable dividends?

See MCHP dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.