Microchip Technology Statistics
Total Valuation
MCHP has a market cap or net worth of $52.20 billion. The enterprise value is $57.88 billion.
| Market Cap | 52.20B |
| Enterprise Value | 57.88B |
Important Dates
The last earnings date was Monday, May 6, 2024, after market close.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | May 21, 2024 |
Share Statistics
MCHP has 536.89 million shares outstanding. The number of shares has decreased by -1.67% in one year.
| Shares Outstanding | 536.89M |
| Shares Change (YoY) | -1.67% |
| Shares Change (QoQ) | -0.27% |
| Owned by Insiders (%) | 2.09% |
| Owned by Institutions (%) | 96.86% |
| Float | 525.11M |
Valuation Ratios
The trailing PE ratio is 27.94 and the forward PE ratio is 33.92. MCHP's PEG ratio is 8.47.
| PE Ratio | 27.94 |
| Forward PE | 33.92 |
| PS Ratio | 6.84 |
| Forward PS | 8.93 |
| PB Ratio | 7.84 |
| P/FCF Ratio | 20.02 |
| PEG Ratio | 8.47 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.81, with an EV/FCF ratio of 22.19.
| EV / Earnings | 30.35 |
| EV / Sales | 7.58 |
| EV / EBITDA | 16.81 |
| EV / EBIT | 22.57 |
| EV / FCF | 22.19 |
Financial Position
The company has a current ratio of 1.20, with a Debt / Equity ratio of 0.90.
| Current Ratio | 1.20 |
| Quick Ratio | 0.58 |
| Debt / Equity | 0.90 |
| Debt / EBITDA | 1.74 |
| Debt / FCF | 2.30 |
| Interest Coverage | 12.93 |
Financial Efficiency
Return on equity (ROE) is 27.70% and return on invested capital (ROIC) is 16.37%.
| Return on Equity (ROE) | 27.70% |
| Return on Assets (ROA) | 11.70% |
| Return on Capital (ROIC) | 16.37% |
| Revenue Per Employee | $337,805 |
| Profits Per Employee | $84,376 |
| Employee Count | 22,600 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 2.00 |
Taxes
In the past 12 months, MCHP has paid $459.00 million in taxes.
| Income Tax | 459.00M |
| Effective Tax Rate | 19.40% |
Stock Price Statistics
The stock price has increased by +29.19% in the last 52 weeks. The beta is 1.60, so MCHP's price volatility has been higher than the market average.
| Beta (1Y) | 1.60 |
| 52-Week Price Change | +29.19% |
| 50-Day Moving Average | 90.88 |
| 200-Day Moving Average | 84.67 |
| Relative Strength Index (RSI) | 58.80 |
| Average Volume (30 Days) | 5,460,680 |
Short Selling Information
The latest short interest is 23.76 million, so 4.43% of the outstanding shares have been sold short.
| Short Interest | 23.76M |
| Short Previous Month | 28.51M |
| Short % of Shares Out | 4.43% |
| Short % of Float | 4.53% |
| Short Ratio (days to cover) | 4.41 |
Income Statement
In the last 12 months, MCHP had revenue of $7.63 billion and earned $1.91 billion in profits. Earnings per share was $3.48.
| Revenue | 7.63B |
| Gross Profit | 5.00B |
| Operating Income | 2.57B |
| Pretax Income | 2.37B |
| Net Income | 1.91B |
| EBITDA | 3.44B |
| EBIT | 2.56B |
| Earnings Per Share (EPS) | $3.48 |
Balance Sheet
The company has $319.70 million in cash and $6.00 billion in debt, giving a net cash position of -$5.68 billion or -$10.58 per share.
| Cash & Cash Equivalents | 319.70M |
| Total Debt | 6.00B |
| Net Cash | -5.68B |
| Net Cash Per Share | -$10.58 |
| Equity / Book Value | 6.66B |
| Book Value Per Share | 12.40 |
| Working Capital | 493.60M |
Cash Flow
In the last 12 months, operating cash flow was $2.89 billion and capital expenditures -$284.70 million, giving a free cash flow of $2.61 billion.
| Operating Cash Flow | 2.89B |
| Capital Expenditures | -284.70M |
| Free Cash Flow | 2.61B |
| FCF Per Share | $4.81 |
Margins
Gross margin is 65.44%, with operating and profit margins of 33.68% and 24.98%.
| Gross Margin | 65.44% |
| Operating Margin | 33.68% |
| Pretax Margin | 30.99% |
| Profit Margin | 24.98% |
| EBITDA Margin | 45.11% |
| EBIT Margin | 33.59% |
| FCF Margin | 34.16% |
Dividends & Yields
This stock pays an annual dividend of $1.81, which amounts to a dividend yield of 1.86%.
| Dividend Per Share | $1.81 |
| Dividend Yield | 1.86% |
| Dividend Growth (YoY) | 27.81% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 51.95% |
| Buyback Yield | 1.67% |
| Shareholder Yield | 3.53% |
| Earnings Yield | 3.65% |
| FCF Yield | 5.00% |
Analyst Forecast
The average price target for MCHP is $100.21, which is 3.07% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $100.21 |
| Price Target Difference | 3.07% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 19 |
| Revenue Growth Forecast (5Y) | 5.97% |
| EPS Growth Forecast (5Y) | 19.85% |
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 5.05 and a Piotroski F-Score of 7.
| Altman Z-Score | 5.05 |
| Piotroski F-Score | 7 |