Microchip Technology Inc. (MCHP)FY23 was brilliant but FY24 shows slight caution due to delayed backlog

Microchip Technology Inc. (MCHP) Q4FY23

Introduction

Microchip Technology Inc is a provider of smart, connected, and secure embedded control solutions. It is engaged in selling its semiconductor products to distributors and non-distributor customers (direct customers). It operates through two segments: semiconductor products and technology licensing. The semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. 

Highlights

Gartner ranked the company number 3 in calendar 2022, showing fast growing demand for their solutions. However, a potential risk for the microcontroller segment is its reliance on analog and mixed signal products with substantial content integrated on-chip.

Stock performance

In the past 3 years, Microchip Technology stock has given huge returns of more than 81.30%. The stock surged from ~$91 in FY20 to $52 in FY24. MCHP has a 50-day moving Avg. and 200-day moving Avg. of $84.33 and $77.47, respectively

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 40

To Download other equity/ stock reports CLICK HERE

Follow our LinkedIn page for more updates