Microchip Technology Inc. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 13.03
Dividend & YieldN/A£ (N/A)
Beta 1.56
Market capitalization 143.63M
Operating cash flow 3.05B
ESG Scores 30.9

Company description

Microchip Technology Incorporated develops, manufactures, and sells 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 microcontrollers; 32-bit embedded microprocessors markets; 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 development tools that enable system designers to program microcontroller and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and 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. In addition, the company offers memory products consisting of 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 NVM 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. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.

Sector: - Industry:

Financial Ratios
Quick Ratio0.61
Working Capital-1.32
Return On Equity0.07
Debt To Equity1.42
Fixed Asset Ratio0.34
Fixed Interest Cover2.8

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -180.7M 11.4M 17.6M 192.7M
Total Cashflows From Investing Activities -6.81B -133.2M -173.3M -477.7M
Net Borrowings 5.11B -1.07B -1.41B -1.38B
Total Cash From Financing Activities 4.66B -1.44B -1.86B -2.33B
Change To Operating Activities -24.2M -13.1M -16.7M 79.4M
Issuance Of Stock 42.6M 58.8M 60.3M 70.5M
Net Income 355.9M 570.6M 349.4M 1.29B
Change In Cash -472.7M -27.6M -121M 37.4M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.67B 1.54B 1.92B 2.84B
Depreciation 876.4M 1.22B 1.15B 1.14B
Change To Account Receivables 238.8M -53.3M -63.7M -74.9M
Other Cashflows From Financing Activities -72.7M -8.9M -57M -8.5M
Change To Netincome 126.7M -314.5M 352.6M 323.1M
Capital Expenditures -228.9M -67.6M -92.6M -370.1M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 826.3M 877.8M 836.4M 989.1M
Income Before Tax 204.5M 150.4M 339.5M 1.48B
Net Income 355.9M 570.6M 349.4M 1.29B
Selling General Administrative 682.9M 676.6M 610.3M 718.9M
Gross Profit 2.93B 3.24B 3.38B 4.45B
Ebit 748M 693.8M 999.8M 1.88B
Operating Income 748M 693.8M 999.8M 1.88B
Interest Expense -502.9M -497.3M -356.9M -257M
Income Tax Expense -151.4M -420.2M -9.9M 197M
Total Revenue 5.35B 5.27B 5.44B 6.82B
Cost Of Revenue 2.42B 2.03B 2.06B 2.37B
Total Other Income ExpenseNet -543.5M -543.4M -660.3M -396.6M
Net Income From Continuing Ops 355.9M 570.6M 349.4M 1.29B
Net Income Applicable To Common Shares 355.9M 570.6M 349.4M 1.29B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 13.06B 11.84B 11.14B 10.3B
Total Stockholder Equity 5.29B 5.59B 5.34B 5.89B
Other Current Liabilities 46.9M 38M 43.4M 121.5M
Total Assets 18.35B 17.43B 16.48B 16.2B
Common Stock 200k 200k 500k 600k
Other Current Assets 191.6M 194.5M 200.5M 206.2M
Retained Earnings 3.21B 3.43B 3.39B 4.18B
Treasury Stock -602.9M -522.2M -460M -816.9M
Cash 428.6M 401M 280M 317.4M
Total Current Liabilities 2.37B 1.64B 2.41B 1.4B
Other Stockholder Equity -20.7M -21.6M -26.2M -20.6M
Property, Plant, and Equipment 996.7M 995.6M 1.01B 1.12B
Total Current Assets 2.21B 2.22B 2.15B 2.45B
Net Tangible Assets -8.06B -6.78B -6.13B -4.82B
Net Receivables 880.6M 934M 997.7M 1.07B
Accounts Payable 226.4M 246.8M 292.4M 344.7M


Insider Transactions

Here are the insider transactions of stock shares related to Microchip Technology Inc.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
LITTLE MITCHELL RSale at price 65.96 per share.D2022-09-02Officer6.94k
CHAPMAN MATTHEW WSale at price 68.21 per share.D2022-08-23Director1k
BJORNHOLT JAMES ERICSale at price 68.21 per share.I2022-08-23Chief Financial Officer2.38k
CHAPMAN MATTHEW WConversion of Exercise of derivative security at price 68.09 per share.D2022-08-22Director2.3k
MEYERCORD WADE FConversion of Exercise of derivative security at price 68.09 per share.I2022-08-22Director2.3k
JOHNSON ESTHER LConversion of Exercise of derivative security at price 68.09 per share.D2022-08-22Director2.3k
RAPP KAREN MARIEConversion of Exercise of derivative security at price 68.09 per share.D2022-08-22Director2.3k
JOHNSON KARLTON DConversion of Exercise of derivative security at price 68.09 per share.D2022-08-22Director2.3k
SANGHI STEVEConversion of Exercise of derivative security at price 74.28 per share.I2022-08-15Officer and Director39.41k
BJORNHOLT JAMES ERICConversion of Exercise of derivative security at price 74.28 per share.I2022-08-15Chief Financial Officer6.03k
SIMONCIC RICHARD JConversion of Exercise of derivative security at price 74.28 per share.I2022-08-15Officer6.1k
MOORTHY GANESHConversion of Exercise of derivative security at price 74.28 per share.I2022-08-15Chief Executive Officer19.28k
DREHOBL STEPHEN VConversion of Exercise of derivative security at price 74.28 per share.D2022-08-15Officer8.88k
MOORTHY GANESHPurchase at price 56.60 - 57.70 per share.I2022-06-17Chief Executive Officer8k
SANGHI STEVEConversion of Exercise of derivative security at price 71.16 per share.I2022-06-01Officer and Director2.74k
LITTLE MITCHELL RConversion of Exercise of derivative security at price 71.16 per share.D2022-06-01Officer262
BJORNHOLT JAMES ERICConversion of Exercise of derivative security at price 71.16 per share.I2022-06-01Chief Financial Officer180
SIMONCIC RICHARD JConversion of Exercise of derivative security at price 71.16 per share.I2022-06-01Officer196
MOORTHY GANESHConversion of Exercise of derivative security at price 71.16 per share.I2022-06-01Chief Executive Officer650
DREHOBL STEPHEN VConversion of Exercise of derivative security at price 71.16 per share.D2022-06-01Officer240
MEYERCORD WADE FStock Gift at price 72.65 per share.I2022-05-31Director4.2k
CHAPMAN MATTHEW WSale at price 66.66 per share.D2022-05-23Director1k
LITTLE MITCHELL RSale at price 66.66 per share.D2022-05-23Officer3.67k
BJORNHOLT JAMES ERICSale at price 66.66 per share.I2022-05-23Chief Financial Officer2.33k
LITTLE MITCHELL RSale at price 66.29 per share.D2022-05-19Officer1.97k
SANGHI STEVEConversion of Exercise of derivative security at price 65.93 per share.I2022-05-13Officer and Director38.77k
LITTLE MITCHELL RConversion of Exercise of derivative security at price 65.93 per share.D2022-05-13Officer7.35k
BJORNHOLT JAMES ERICConversion of Exercise of derivative security at price 65.93 per share.I2022-05-13Chief Financial Officer5.94k
SIMONCIC RICHARD JConversion of Exercise of derivative security at price 65.93 per share.I2022-05-13Officer6.16k
MOORTHY GANESHConversion of Exercise of derivative security at price 65.93 per share.I2022-05-13Chief Executive Officer18.59k
DREHOBL STEPHEN VConversion of Exercise of derivative security at price 65.93 per share.D2022-05-13Officer8.73k
JOHNSON KARLTON DSale at price 67.35 per share.D2022-05-13Director594
SANGHI STEVEStock Award(Grant) at price 67.90 per share.I2022-03-01Officer and Director526
LITTLE MITCHELL RStock Award(Grant) at price 67.90 per share.D2022-03-01Officer175
BJORNHOLT JAMES ERICStock Award(Grant) at price 67.90 per share.I2022-03-01Chief Financial Officer526
SIMONCIC RICHARD JStock Award(Grant) at price 67.90 per share.I2022-03-01Officer526
MOORTHY GANESHStock Award(Grant) at price 67.90 per share.I2022-03-01Chief Executive Officer526
DREHOBL STEPHEN VStock Award(Grant) at price 67.90 per share.D2022-03-01Officer526
CHAPMAN MATTHEW WSale at price 70.93 per share.D2022-02-22Director1k
LITTLE MITCHELL RSale at price 70.93 per share.D2022-02-22Officer3.61k
BJORNHOLT JAMES ERICSale at price 70.93 per share.I2022-02-22Chief Financial Officer1.89k
SANGHI STEVEConversion of Exercise of derivative security at price 74.98 per share.I2022-02-15Officer and Director40.85k
LITTLE MITCHELL RConversion of Exercise of derivative security at price 74.98 per share.D2022-02-15Officer7.36k
BJORNHOLT JAMES ERICConversion of Exercise of derivative security at price 74.98 per share.I2022-02-15Chief Financial Officer5.44k
SIMONCIC RICHARD JConversion of Exercise of derivative security at price 74.98 per share.I2022-02-15Officer6.13k
MOORTHY GANESHConversion of Exercise of derivative security at price 74.98 per share.I2022-02-15Chief Executive Officer18.45k
DREHOBL STEPHEN VConversion of Exercise of derivative security at price 74.98 per share.D2022-02-15Officer8.48k
SANGHI STEVESale at price 84.47 per share.I2021-12-22Officer and Director45.34k
SANGHI STEVESale at price 87.14 per share.I2021-12-16Officer and Director41.51k
MEYERCORD WADE FStock Gift at price 87.13 per share.I2021-12-10Director1.35k
SANGHI STEVESale at price 86.71 per share.I2021-12-09Officer and Director45.13k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Microchip Technology Inc.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Microchip Technology Inc.

Here is the result of two systematic investment strategies applied to Microchip Technology Inc.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Microchip Technology Inc.

The following chart shows the equity curve of the two systematic investment strategies applied to Microchip Technology Inc.:

Microchip Technology Inc. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Microchip Technology Inc.

This is the result of two momentum investment strategies applied to Microchip Technology Inc.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Microchip Technology Inc.

The following chart shows all the entries opened by the momentum investment system on Microchip Technology Inc.:

Microchip Technology Inc. momentum entries
  • The first momentum investment strategy would give 13.82% of return on Microchip Technology Inc.. That represents 30.8£ of latent gain with 222.75£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Microchip Technology Inc.. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

13.82 %

Latent gain

30.8 £

Invested capital

222.75 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Microchip Technology Inc.

The following chart shows the equity curve of the two momentum strategies applied to Microchip Technology Inc.:

Microchip Technology Inc. momentum equity

Note: the dividends potentially given by Microchip Technology Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Microchip Technology Inc.

The following chart shows the employed capital evolution of the two momentum strategies on Microchip Technology Inc. since the beginning:

Microchip Technology Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Microchip Technology Inc.

Buy the dip entry openings on Microchip Technology Inc.

Microchip Technology Inc.

The performance achieved by the robo-advisor on Microchip Technology Inc. is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Microchip Technology Inc. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Microchip Technology Inc., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Microchip Technology Inc.

The following chart shows the result of the investment strategy applied to Microchip Technology Inc.:

Microchip Technology Inc.

Note: the dividends potentially given by Microchip Technology Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Microchip Technology Inc.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Microchip Technology Inc.:

Microchip Technology Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Microchip Technology Inc.

In this section, I will compare the three previous investment strategies applied to Microchip Technology Inc..

Equity curve comparison on Microchip Technology Inc.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Microchip Technology Inc. investment strategy comparison

Employed capital comparison on Microchip Technology Inc.

Microchip Technology Inc. investment comparison

Performance comparison on Microchip Technology Inc.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 13.82% 30.8£ 222.75£ 345.5%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Microchip Technology Inc.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Microchip Technology Inc. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Microchip Technology Inc. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Microchip Technology Inc.
Country United States
City Chandler
Address 2355 West Chandler Boulevard
Phone 480 792 7200
Website www.microchip.com
FullTime employees 21000
Industry
Sector
Exchange XLON
Ticker 0K19.XLON
Market www.londonstockexchange.com

Microchip Technology Inc. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 14.8
Peer Environment Performance 7.7518518518519
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 8.8
Peer Social Performance 5.9374074074074
Social Percentile unknown
Highest Controversy 1
Peer Highest Controversy Performance 1.1428571428571
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Governance Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 7.3
Peer Governance Performance 6.3066666666667
Governance Percentile unknown

ESG at glance
Total ESG Scores: 30.9
Environment Score: 14.8
Social Score: 8.8
Governance Score: 7.3

ESG Performance: OUT_PERF

Peer Group: Semiconductors

Peer Esg Score Performance: 20.402857142857

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 66