Microchip Technology (MCHP)
Microchip Technology Statistics
Share Statistics
Microchip Technology has 537.82M shares outstanding. The number of shares has increased by -0.63% in one year.
| Shares Outstanding | 537.82M |
| Shares Change (YoY) | -0.63% |
| Shares Change (QoQ) | 0.09% |
| Owned by Institutions (%) | 95.12% |
| Shares Floating | 526.33M |
| Failed to Deliver (FTD) Shares | 31 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 29.22M, so 5.44% of the outstanding shares have been sold short.
| Short Interest | 29.22M |
| Short % of Shares Out | 5.44% |
| Short % of Float | 5.56% |
| Short Ratio (days to cover) | 3.39 |
Valuation Ratios
The PE ratio is 25.51 and the forward PE ratio is 24.31. Microchip Technology's PEG ratio is -1.89.
| PE Ratio | 25.51 |
| Forward PE | 24.31 |
| PS Ratio | 6.37 |
| Forward PS | 5.1 |
| PB Ratio | 7.31 |
| P/FCF Ratio | 18.65 |
| PEG Ratio | -1.89 |
Enterprise Valuation
Microchip Technology has an Enterprise Value (EV) of 52.32B.
| EV / Earnings | 27.44 |
| EV / Sales | 6.85 |
| EV / EBITDA | 15.22 |
| EV / EBIT | 20.35 |
| EV / FCF | 20.06 |
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 |
| Total Debt / Capitalization | 47.54 |
| Cash Flow / Debt | 0.48 |
| Interest Coverage | 12.97 |
Financial Efficiency
Return on equity (ROE) is 0.29% and return on capital (ROIC) is 16.33%.
| Return on Equity (ROE) | 0.29% |
| Return on Assets (ROA) | 0.12% |
| Return on Capital (ROIC) | 16.33% |
| Revenue Per Employee | $342,349.78 |
| Profits Per Employee | $85,511.21 |
| Employee Count | 22,300 |
| Asset Turnover | 0.48 |
| Inventory Turnover | 2.01 |
Taxes
| Income Tax | 459M |
| Effective Tax Rate | 0.19 |
Stock Price Statistics
The stock price has increased by -40.99% in the last 52 weeks. The beta is 1.52, so Microchip Technology's price volatility has been higher than the market average.
| Beta | 1.52 |
| 52-Week Price Change | -40.99% |
| 50-Day Moving Average | 56.75 |
| 200-Day Moving Average | 73.41 |
| Relative Strength Index (RSI) | 37.27 |
| Average Volume (20 Days) | 11.83M |
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 | 2.57B |
| 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 | 45.04% |
| 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 | 6.59% |
| FCF Yield | 9.07% |
Analyst Forecast
The average price target for MCHP is $70, which is 31% higher than the current price. The consensus rating is "Buy".
| Price Target | $70 |
| Price Target Difference | 31% |
| 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 | 2.86 |
| Piotroski F-Score | 6 |