Microchip Technology (MCHP)
Microchip Technology Statistics
Share Statistics
Microchip Technology has 537.82M shares outstanding. The number of shares has increased by 0.17% in one year.
| Shares Outstanding | 537.82M |
| Shares Change (YoY) | 0.17% |
| Shares Change (QoQ) | 0.15% |
| Owned by Institutions (%) | 95.09% |
| Shares Floating | 526.38M |
| Failed to Deliver (FTD) Shares | 119 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 31.24M, so 5.82% of the outstanding shares have been sold short.
| Short Interest | 31.24M |
| Short % of Shares Out | 5.82% |
| Short % of Float | 6.8% |
| Short Ratio (days to cover) | 2.92 |
Valuation Ratios
The PE ratio is 25.51 and the forward PE ratio is 30.82. Microchip Technology's PEG ratio is -1.89.
| PE Ratio | 25.51 |
| Forward PE | 30.82 |
| PS Ratio | 6.37 |
| Forward PS | 3.7 |
| PB Ratio | 7.31 |
| P/FCF Ratio | 18.65 |
| PEG Ratio | -1.89 |
Enterprise Valuation
Microchip Technology has an Enterprise Value (EV) of 54.35B.
| EV / Sales | 7.12 |
| EV / EBITDA | 15.82 |
| EV / EBIT | 18.79 |
| EV / FCF | 20.84 |
Financial Position
The company has a current ratio of 1.2, with a Debt / Equity ratio of 0.91.
| Current Ratio | 1.2 |
| Quick Ratio | 0.67 |
| Debt / Equity | 0.91 |
| Debt / EBITDA | 1.76 |
| Debt / FCF | 2.31 |
| Interest Coverage | 12.97 |
Financial Efficiency
Return on Equity is 28.64% and Return on Invested Capital is 14.4%.
| Return on Equity | 28.64% |
| Return on Assets | 12.01% |
| Return on Invested Capital | 14.4% |
| Revenue Per Employee | $342.35K |
| Profits Per Employee | $85.51K |
| Employee Count | 22,300 |
| Asset Turnover | 0.48 |
| Inventory Turnover | 2.01 |
Taxes
| Income Tax | 459M |
| Effective Tax Rate | 19.4% |
Stock Price Statistics
The stock price has increased by -54.25% in the last 52 weeks. The beta is 1.5, so Microchip Technology's price volatility has been higher than the market average.
| Beta | 1.5 |
| 52-Week Price Change | -54.25% |
| 50-Day Moving Average | 51.42 |
| 200-Day Moving Average | 67.29 |
| Relative Strength Index (RSI) | 37.62 |
| Average Volume (20 Days) | 12.18M |
Income Statement
In the last 12 months, Microchip Technology had revenue of 7.63B and earned 1.91B in profits. Earnings per share was 3.52.
| Revenue | 7.63B |
| Gross Profit | 5B |
| Operating Income | 2.57B |
| Net Income | 1.91B |
| EBITDA | 3.44B |
| EBIT | 2.56B |
| Earnings Per Share (EPS) | 3.52 |
Balance Sheet
The company has 319.7M in cash and 6.03B in debt, giving a net cash position of -5.71B.
| Cash & Cash Equivalents | 319.7M |
| Total Debt | 6.03B |
| Net Cash | -5.71B |
| Retained Earnings | 6.76B |
| Total Assets | 15.63B |
| Working Capital | 1.67B |
Cash Flow
In the last 12 months, operating cash flow was 2.89B and capital expenditures -285.1M, giving a free cash flow of 2.61B.
| Operating Cash Flow | 2.89B |
| Capital Expenditures | -285.1M |
| 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 | 45.01% |
| EBIT Margin | 33.68% |
| FCF Margin | 34.16% |
Dividends & Yields
MCHP pays an annual dividend of $1.82, which amounts to a dividend yield of 2.99%.
| Dividend Per Share | $1.82 |
| Dividend Yield | 2.99% |
| Dividend Growth (YoY) | 1.11% |
| Payout Ratio | 318.6% |
| Earnings Yield | 3.92% |
| FCF Yield | 5.36% |
Analyst Forecast
The average price target for MCHP is $67, which is 73.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $67 |
| Price Target Difference | 73.9% |
| Analyst Consensus | Buy |
| Analyst Count | 19 |
Stock Splits
The last stock split was on Oct 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
| Altman Z-Score | 2.43 |
| Piotroski F-Score | 6 |