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Microchip Technology Inc

Technology US MCHP

56.655USD
0.52(0.92%)

Last update at 2024-12-19T18:54:00Z

Day Range

56.2657.71
LowHigh

52 Week Range

67.71100.56
LowHigh

Fundamentals

  • Previous Close 56.14
  • Market Cap52738.31M
  • Volume3323432
  • P/E Ratio28.23
  • Dividend Yield1.84%
  • EBITDA3438.20M
  • Revenue TTM7634.40M
  • Revenue Per Share TTM14.09
  • Gross Profit TTM 4449.60M
  • Diluted EPS TTM3.48

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Income before tax 2909.70M 1482.50M 339.50M 150.40M 204.50M
Minority interest - - - - -
Net income 2237.70M 1285.50M 349.40M 570.60M 355.90M
Selling general administrative 797.70M 718.90M 610.30M 676.60M 682.90M
Selling and marketing expenses - - - - -
Gross profit 5697.90M 4449.60M 3378.80M 3242.10M 2931.30M
Reconciled depreciation 669.90M 862.50M 932.30M 1215.60M 876.40M
Ebit 3116.00M 1849.60M 998.10M 647.10M 781.70M
Ebitda 3777.90M 2771.10M 1933.80M 1734.40M 1455.80M
Depreciation and amortization 661.90M 921.50M 935.70M 1087.30M 674.10M
Non operating income net other -2.40000M -110.10000M -301.70000M 0.60M -6.90000M
Operating income 3116.00M 1849.60M 998.10M 647.10M 714.30M
Other operating expenses 5326.70M 4941.80M 4438.60M 4580.40M 4601.50M
Interest expense 198.30M 245.50M 339.80M 497.30M 502.90M
Tax provision 672.00M 197.00M -9.90000M -420.20000M -151.40000M
Interest income 2.10M 0.50M 1.70M 2.80M 8.10M
Net interest income -201.80000M -256.50000M -355.20000M -494.50000M -494.80000M
Extraordinary items - - - - -13.10000M
Non recurring -4.00000M 29.50M 1.70M 46.70M 33.70M
Other items - - - - -
Income tax expense 672.00M 197.00M -9.90000M -420.20000M -151.40000M
Total revenue 8438.70M 6820.90M 5438.40M 5274.20M 5349.50M
Total operating expenses 2585.90M 2570.50M 2379.00M 2548.30M 2183.30M
Cost of revenue 2740.80M 2371.30M 2059.60M 2032.10M 2418.20M
Total other income expense net -206.30000M -367.10000M -658.60000M -496.70000M -543.50000M
Discontinued operations - - - - -
Net income from continuing ops 2237.70M 1285.50M 349.40M 570.60M 355.90M
Net income applicable to common shares 2237.70M 1285.50M 349.40M 570.60M 355.90M
Preferred stock and other adjustments - - - - -
Breakdown 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Type yearly yearly yearly yearly yearly
Date 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Total assets 15873.20M 16370.30M 16199.50M 16478.80M 17426.10M
Intangible assets 2781.80M 3369.00M 4043.10M 4794.80M 5702.30M
Earning assets - - - - -
Other current assets 233.60M 205.10M 206.20M 200.50M 194.50M
Total liab 9215.40M 9856.70M 10304.70M 11141.70M 11840.60M
Total stockholder equity 6657.80M 6513.60M 5894.80M 5337.10M 5585.50M
Deferred long term liab - 42.70M 39.80M 43.90M 318.50M
Other current liab 1012.60M 1202.10M 1020.50M 794.30M 781.80M
Common stock 0.50M 0.50M 0.60M 0.30M 0.20M
Capital stock 0.50M 0.50M 0.60M 0.30M 0.20M
Retained earnings 6759.50M 5764.10M 4175.20M 3393.50M 3432.40M
Other liab - 1567.80M 1218.30M 1150.90M 1235.10M
Good will 6675.40M 6673.60M 6673.60M 6670.60M 6664.80M
Other assets - 1926.50M 12779.00M 13478.90M 1846.20M
Cash 319.70M 234.00M 317.40M 280.00M 401.00M
Cash and equivalents - - - - -
Total current liabilities 2519.40M 3118.60M 1399.00M 2409.60M 1637.40M
Current deferred revenue 261.80M 121.40M - - -
Net debt 5841.40M 6205.90M 7370.00M 8624.10M 9081.20M
Short term debt 1032.00M 1398.20M 33.80M 1322.90M 608.80M
Short long term debt 999.40M 1398.20M - 1322.90M 608.80M
Short long term debt total 6161.10M 6439.90M 7687.40M 8904.10M 9482.20M
Other stockholder equity -98.70000M 753.10M 1739.60M 1969.50M 2174.50M
Property plant equipment - 1177.90M 967.90M 854.70M 876.10M
Total current assets 3013.00M 3069.30M 2452.60M 2145.20M 2217.20M
Long term investments - - - - -
Net tangible assets - -160.00000M 5894.80M -6128.30000M -6781.60000M
Short term investments 639.40M 0.00000M 2.00M 2.00M 2.00M
Net receivables 1143.70M 1305.30M 1072.60M 997.70M 934.00M
Long term debt 5000.40M 5041.70M 7687.40M 7581.20M 8873.40M
Inventory 1316.00M 1324.90M 854.40M 665.00M 685.70M
Accounts payable 213.00M 396.90M 344.70M 292.40M 246.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -3.50000M -4.10000M -20.60000M -26.20000M -21.60000M
Additional paid in capital - - - - -
Common stock total equity - 0.50M 0.60M 0.30M 0.20M
Preferred stock total equity - - - - -
Retained earnings total equity - 5764.10M 4175.20M 3393.50M 3432.40M
Treasury stock - -1660.20000M -796.30000M -433.80000M -500.60000M
Accumulated amortization - - - - -
Non currrent assets other 11509.30M 457.20M 265.20M 13478.90M 14332.80M
Deferred long term asset charges - - - - -
Non current assets total 12860.20M 13301.00M 13746.90M 14333.60M 15208.90M
Capital lease obligations 32.60M 160.10M 162.70M 165.20M 139.20M
Long term debt total - 5041.70M 7687.40M 7581.20M 8873.40M
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Investments -599.50000M -477.70000M -173.30000M 2.70M 1286.90M
Change to liabilities 295.40M 207.50M 35.00M -29.10000M -371.50000M
Total cashflows from investing activities -599.50000M -477.70000M -173.30000M -133.20000M -6811.00000M
Net borrowings -1469.50000M -1383.70000M -1435.20000M -1078.00000M 5037.10M
Total cash from financing activities -3104.90000M -2327.60000M -1864.20000M -1438.20000M 4663.50M
Change to operating activities 404.50M 79.40M -16.70000M -13.10000M -24.20000M
Net income 2237.70M 1285.50M 349.40M 570.60M 355.90M
Change in cash -83.40000M 37.40M -121.00000M -27.60000M -472.70000M
Begin period cash flow 317.40M 280.00M 401.00M 428.60M 901.30M
End period cash flow 234.00M 317.40M 280.00M 401.00M 428.60M
Total cash from operating activities 3621.00M 2842.70M 1916.50M 1543.80M 1674.80M
Issuance of capital stock 82.30M 70.50M 60.30M 58.80M 42.60M
Depreciation 998.40M 1143.50M 1153.30M 1215.60M 876.40M
Other cashflows from investing activities -113.30000M -107.60000M -80.70000M -68.30000M -7850.40000M
Dividends paid -695.30000M -503.80000M -388.30000M -350.10000M 344.40M
Change to inventory -483.20000M -177.80000M 18.40M 28.80M 341.60M
Change to account receivables -232.70000M -74.90000M -63.70000M -53.30000M 238.80M
Sale purchase of stock -945.80000M -425.60000M 7508.00M 1637.90M 9406.00M
Other cashflows from financing activities 5859.20M 5080.30M -85.80000M -77.00000M -144.50000M
Change to netincome 384.20M 323.10M 352.80M -312.00000M 126.90M
Capital expenditures 486.20M 370.10M 92.60M 67.60M 228.90M
Change receivables -232.70000M -74.90000M -63.70000M -53.30000M 238.80M
Cash flows other operating 404.50M 79.40M -16.90000M -15.60000M -24.20000M
Exchange rate changes - - - - -
Cash and cash equivalents changes -83.40000M 37.40M -121.00000M -27.60000M -472.70000M
Change in working capital -16.00000M 34.20M -27.00000M -66.70000M 184.70M
Stock based compensation 170.40M 210.20M 198.30M 170.20M 166.40M
Other non cash items 25.00M 161.40M 381.40M 144.40M 153.60M
Free cash flow 3134.80M 2472.60M 1823.90M 1476.20M 1445.90M

Peer Comparison

Sector: Technology Industry: Semiconductors

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MCHP
Microchip Technology Inc
0.52 0.92% 56.66 28.23 27.03 5.42 6.54 6.06 12.75
NVDA
NVIDIA Corporation
3.35 2.60% 132.26 62.11 36.76 36.43 51.65 36.19 61.96
AVGO
Broadcom Inc
-2.05 0.92% 221.57 139.68 28.99 17.14 12.73 19.13 40.92
TSM
Taiwan Semiconductor Manufacturing
-0.26 0.13% 195.30 19.45 15.92 0.24 4.85 0.22 0.30
AMD
Advanced Micro Devices Inc
-1.64 1.35% 119.77 244.65 48.78 11.64 4.72 11.51 62.93

Reports Covered

Stock Research & News

Profile

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.

Microchip Technology Inc

2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199

Key Executives

Name Title Year Born
Mr. Stephen Sanghi Exec. Chair 1956
Mr. Ganesh Moorthy CEO, Pres & Director 1960
Mr. James Eric Bjornholt Sr. VP & CFO 1971
Mr. Richard J. Simoncic Sr. VP of Analog Power & Interface Bus. Units 1964
Mr. Stephen V. Drehobl Sr. VP of MCU8 & MCU16 Bus. Units 1961
Sajid Daudi Head of Investor Relations NA
Mari Valenzuela Gen. Counsel NA
Ms. Lauren A. Carr Sr. VP of Global HR NA
Mr. Michael A. Finley Sr. VP of Fab Operations NA
Mr. Mitchel Obolsky Sr. VP of Networking and Data Center Bus. Units NA

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