Microchip Technology Incorporated (MCHP) Stock

About Microchip Technology Incorporated

Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.

Microchip Technology Incorporated is led by CEO Stephen Sanghi, employs 22,300 people, headquartered in Chandler, US, publicly traded since 1993.

Microchip Technology Incorporated (MCHP) stock trades at $77.90 with a market capitalization of $42.30B. The stock is valued at a price-to-earnings (P/E) ratio of 318.67, price-to-book of 7.13, price-to-sales of 9.73. Over the past 52 weeks the stock has ranged between $48.52 and $105.91, and currently trades 26.4% below its 52-week high. It pays a dividend yielding 2.15%.

On profitability, Microchip Technology Incorporated generates a return on equity (ROE) of 3.05%, return on capital employed of 3.70%, an operating margin of 10.52%, a net profit margin of 4.29%.

In its most recent fiscal year, Microchip Technology Incorporated reported annual revenue of $4.7B, net profit of $202.0M, revenue has compounded at -2.8% a year over the last five years, profit at -10.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.86, a current ratio of 2.09, total assets of $15.4B, $772.0M in cash and equivalents.

MCHP has an average daily trading volume of 11,865,125 shares, a beta of 1.73 (more volatile than the overall market).

Official website: www.microchip.com