Microchip Technology Statistics
Total Valuation
MCHP has a market cap or net worth of $29.81 billion. The enterprise value is $35.98 billion.
| Market Cap | 29.81B |
| Enterprise Value | 35.98B |
Important Dates
The next estimated earnings date is Thursday, January 30, 2025, after market close.
| Earnings Date | Jan 30, 2025 |
| Ex-Dividend Date | Nov 22, 2024 |
Share Statistics
MCHP has 537.01 million shares outstanding. The number of shares has decreased by -1.53% in one year.
| Current Share Class | 537.01M |
| Shares Outstanding | 537.01M |
| Shares Change (YoY) | -1.53% |
| Shares Change (QoQ) | -0.15% |
| Owned by Insiders (%) | 2.11% |
| Owned by Institutions (%) | 94.98% |
| Float | 525.17M |
Valuation Ratios
The trailing PE ratio is 38.65 and the forward PE ratio is 33.64. MCHP's PEG ratio is 1.41.
| PE Ratio | 38.65 |
| Forward PE | 33.64 |
| PS Ratio | 5.44 |
| Forward PS | 6.26 |
| PB Ratio | 4.75 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 19.73 |
| P/OCF Ratio | 17.49 |
| PEG Ratio | 1.41 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.44, with an EV/FCF ratio of 23.82.
| EV / Earnings | 46.03 |
| EV / Sales | 6.55 |
| EV / EBITDA | 18.44 |
| EV / EBIT | 31.65 |
| EV / FCF | 23.82 |
Financial Position
The company has a current ratio of 0.88, with a Debt / Equity ratio of 1.03.
| Current Ratio | 0.88 |
| Quick Ratio | 0.40 |
| Debt / Equity | 1.03 |
| Debt / EBITDA | 3.21 |
| Debt / FCF | 4.27 |
| Interest Coverage | 5.05 |
Financial Efficiency
Return on equity (ROE) is 11.80% and return on invested capital (ROIC) is 5.51%.
| Return on Equity (ROE) | 11.80% |
| Return on Assets (ROA) | 4.41% |
| Return on Capital (ROIC) | 5.51% |
| Revenue Per Employee | $246,484 |
| Profits Per Employee | $35,049 |
| Employee Count | 22,300 |
| Asset Turnover | 0.34 |
| Inventory Turnover | 1.63 |
Taxes
In the past 12 months, MCHP has paid $155.70 million in taxes.
| Income Tax | 155.70M |
| Effective Tax Rate | 16.61% |
Stock Price Statistics
The stock price has decreased by -39.26% in the last 52 weeks. The beta is 1.48, so MCHP's price volatility has been higher than the market average.
| Beta (5Y) | 1.48 |
| 52-Week Price Change | -39.26% |
| 50-Day Moving Average | 68.64 |
| 200-Day Moving Average | 82.17 |
| Relative Strength Index (RSI) | 28.11 |
| Average Volume (20 Days) | 9,675,548 |
Short Selling Information
The latest short interest is 30.09 million, so 5.60% of the outstanding shares have been sold short.
| Short Interest | 30.09M |
| Short Previous Month | 30.77M |
| Short % of Shares Out | 5.60% |
| Short % of Float | 5.73% |
| Short Ratio (days to cover) | 4.04 |
Income Statement
In the last 12 months, MCHP had revenue of $5.50 billion and earned $781.60 million in profits. Earnings per share was $1.44.
| Revenue | 5.50B |
| Gross Profit | 3.32B |
| Operating Income | 1.14B |
| Pretax Income | 1.68B |
| Net Income | 781.60M |
| EBITDA | 1.95B |
| EBIT | 1.14B |
| Earnings Per Share (EPS) | $1.44 |
Balance Sheet
The company has $286.10 million in cash and $6.46 billion in debt, giving a net cash position of -$6.17 billion or -$11.49 per share.
| Cash & Cash Equivalents | 286.10M |
| Total Debt | 6.46B |
| Net Cash | -6.17B |
| Net Cash Per Share | -$11.49 |
| Equity (Book Value) | 6.28B |
| Book Value Per Share | 11.69 |
| Working Capital | -380.20M |
Cash Flow
In the last 12 months, operating cash flow was $1.70 billion and capital expenditures -$193.30 million, giving a free cash flow of $1.51 billion.
| Operating Cash Flow | 1.70B |
| Capital Expenditures | -193.30M |
| Free Cash Flow | 1.51B |
| FCF Per Share | $2.81 |
Margins
Gross margin is 60.32%, with operating and profit margins of 20.68% and 14.22%.
| Gross Margin | 60.32% |
| Operating Margin | 20.68% |
| Pretax Margin | 17.05% |
| Profit Margin | 14.22% |
| EBITDA Margin | 35.49% |
| EBIT Margin | 20.68% |
| FCF Margin | 27.48% |
Dividends & Yields
This stock pays an annual dividend of $1.82, which amounts to a dividend yield of 3.28%.
| Dividend Per Share | $1.82 |
| Dividend Yield | 3.28% |
| Dividend Growth (YoY) | 13.90% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 126.71% |
| Buyback Yield | 1.53% |
| Shareholder Yield | 4.81% |
| Earnings Yield | 2.62% |
| FCF Yield | 5.07% |
Analyst Forecast
The average price target for MCHP is $90.90, which is 63.75% higher than the current price. The consensus rating is "Buy".
| Price Target | $90.90 |
| Price Target Difference | 63.75% |
| Analyst Consensus | Buy |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | 4.18% |
| EPS Growth Forecast (5Y) | 10.61% |
Stock Splits
The last stock split was on October 13, 2021. It was a forward split with a ratio of 2:1.
| Last Split Date | Oct 13, 2021 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
MCHP has an Altman Z-Score of 4.1 and a Piotroski F-Score of 4.
| Altman Z-Score | 4.1 |
| Piotroski F-Score | 4 |