Microchip Technology Statistics
Total Valuation
MCHP has a market cap or net worth of $49.83 billion. The enterprise value is $55.24 billion.
| Market Cap | 49.83B |
| Enterprise Value | 55.24B |
Important Dates
The next confirmed earnings date is Monday, May 6, 2024, after market close.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | Feb 22, 2024 |
Share Statistics
MCHP has 540.39 million shares outstanding. The number of shares has decreased by -1.60% in one year.
| Shares Outstanding | 540.39M |
| Shares Change (YoY) | -1.60% |
| Shares Change (QoQ) | -0.49% |
| Owned by Insiders (%) | 2.08% |
| Owned by Institutions (%) | 95.53% |
| Float | 528.58M |
Valuation Ratios
The trailing PE ratio is 21.54 and the forward PE ratio is 34.07. MCHP's PEG ratio is 8.47.
| PE Ratio | 21.54 |
| Forward PE | 34.07 |
| PS Ratio | 5.83 |
| Forward PS | 8.64 |
| PB Ratio | 7.04 |
| P/FCF Ratio | 17.70 |
| PEG Ratio | 8.47 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.60, with an EV/FCF ratio of 19.62.
| EV / Earnings | 23.45 |
| EV / Sales | 6.47 |
| EV / EBITDA | 13.60 |
| EV / EBIT | 17.49 |
| EV / FCF | 19.62 |
Financial Position
The company has a current ratio of 0.98, with a Debt / Equity ratio of 0.80.
| Current Ratio | 0.98 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.80 |
| Debt / EBITDA | 1.40 |
| Debt / FCF | 2.02 |
| Interest Coverage | 16.56 |
Financial Efficiency
Return on equity (ROE) is 34.40% and return on invested capital (ROIC) is 19.67%.
| Return on Equity (ROE) | 34.40% |
| Return on Assets (ROA) | 14.40% |
| Return on Capital (ROIC) | 19.67% |
| Revenue Per Employee | $377,934 |
| Profits Per Employee | $104,257 |
| Employee Count | 22,600 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 2.27 |
Taxes
In the past 12 months, MCHP has paid $611.80 million in taxes.
| Income Tax | 611.80M |
| Effective Tax Rate | 20.61% |
Stock Price Statistics
The stock price has increased by +23.99% in the last 52 weeks. The beta is 1.63, so MCHP's price volatility has been higher than the market average.
| Beta (1Y) | 1.63 |
| 52-Week Price Change | +23.99% |
| 50-Day Moving Average | 86.84 |
| 200-Day Moving Average | 83.95 |
| Relative Strength Index (RSI) | 60.89 |
| Average Volume (30 Days) | 5,559,014 |
Short Selling Information
The latest short interest is 24.68 million, so 4.57% of the outstanding shares have been sold short.
| Short Interest | 24.68M |
| Short Previous Month | 26.09M |
| Short % of Shares Out | 4.57% |
| Short % of Float | 4.67% |
| Short Ratio (days to cover) | 5.14 |
Income Statement
In the last 12 months, MCHP had revenue of $8.54 billion and earned $2.36 billion in profits. Earnings per share was $4.28.
| Revenue | 8.54B |
| Gross Profit | 5.73B |
| Operating Income | 3.17B |
| Pretax Income | 2.97B |
| Net Income | 2.36B |
| EBITDA | 4.06B |
| EBIT | 3.16B |
| Earnings Per Share (EPS) | $4.28 |
Balance Sheet
The company has $281.00 million in cash and $5.70 billion in debt, giving a net cash position of -$5.41 billion or -$10.02 per share.
| Cash & Cash Equivalents | 281.00M |
| Total Debt | 5.70B |
| Net Cash | -5.41B |
| Net Cash Per Share | -$10.02 |
| Equity / Book Value | 7.08B |
| Book Value Per Share | 13.10 |
| Working Capital | -73.60M |
Cash Flow
In the last 12 months, operating cash flow was $3.17 billion and capital expenditures -$356.80 million, giving a free cash flow of $2.82 billion.
| Operating Cash Flow | 3.17B |
| Capital Expenditures | -356.80M |
| Free Cash Flow | 2.82B |
| FCF Per Share | $5.21 |
Margins
Gross margin is 67.03%, with operating and profit margins of 37.06% and 27.59%.
| Gross Margin | 67.03% |
| Operating Margin | 37.06% |
| Pretax Margin | 34.75% |
| Profit Margin | 27.59% |
| EBITDA Margin | 47.57% |
| EBIT Margin | 36.98% |
| FCF Margin | 32.96% |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 1.95%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 1.95% |
| Dividend Growth (YoY) | 33.17% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 42.06% |
| Buyback Yield | 1.60% |
| Shareholder Yield | 3.55% |
| Earnings Yield | 4.73% |
| FCF Yield | 5.65% |
Analyst Forecast
The average price target for MCHP is $92.81, which is 0.65% higher than the current price. The consensus rating is "Buy".
| Price Target | $92.81 |
| Price Target Difference | 0.65% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 3.36% |
| EPS Growth Forecast (5Y) | 12.24% |
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 5.06 and a Piotroski F-Score of 7.
| Altman Z-Score | 5.06 |
| Piotroski F-Score | 7 |