Microchip Technology Inc. (MCHP)

Index:

Nasdaq 100

$ 38.56
   
  • Change Today:
    $0.61
  • 52 Week High: $99.49
  • 52 Week Low: $37.58
  • Currency: US Dollars
  • Shares Issued: 536.66m
  • Volume: 7,777,927
  • Market Cap: $20,694m
  • RiskGrade: 208

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
Revenue 7,634.40 8,438.70 6,820.90 5,438.40 5,274.20
Operating Profit/(Loss) 2,571.00 3,116.00 1,849.60 998.10 647.10
Profit Before Tax 2,365.90 2,909.70 1,482.50 339.50 150.40
Profit After Tax 1,906.90 2,237.70 1,285.50 349.40 570.60
           
Earnings per Share - Basic 352.00¢ 407.00¢ 233.00¢ 16.75¢ 59.75¢
Earnings per Share - Adjusted 352.00¢ 407.00¢ 233.00¢ 16.75¢ 59.75¢
           
Dividend per Share 168.20¢ 126.30¢ 91.00¢ 37.35¢ 36.62¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 1,194.60 1,177.90 967.90 854.70 876.10
Intangible Assets 9,457.20 10,042.60 10,716.70 n/a 12,367.10
Other Non-Current Assets 2,208.40 2,080.50 2,062.30 13,470.10 1,965.70
  12,860.20 13,301.00 13,746.90 14,324.80 15,208.90
Current Assets          
Inventories 1,316.00 1,324.90 854.40 665.00 685.70
Cash at Bank & in Hand 319.70 234.00 317.40 280.00 401.00
Other Current Assets 1,377.30 1,510.40 1,280.80 1,209.00 1,130.50
  3,013.00 3,069.30 2,452.60 2,154.00 2,217.20
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 15,873.20 16,370.30 16,199.50 16,478.80 17,426.10
Current Liabilities          
Borrowings 999.40 1,398.20 n/a 1,322.90 608.80
Other Current Liabilities 1,520.00 1,720.40 1,399.00 1,086.70 1,028.60
           
Current Liabilities 2,519.40 3,118.60 1,399.00 2,409.60 1,637.40
           
Net Current Assets c493.60 c(49.30) c1,053.60 c(255.60) c579.80
           
Borrowings 5,000.40 5,041.70 7,687.40 7,581.20 8,873.40
Other Non-Current Liabilities 1,695.60 1,696.40 1,218.30 1,150.90 1,329.80
Non-Current Liabilities 6,696.00 6,738.10 8,905.70 8,732.10 10,203.20
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 9,215.40 9,856.70 10,304.70 11,141.70 11,840.60
           
Net Assets 6,657.80 6,513.60 5,894.80 5,337.10 5,585.50
           
Shareholders Funds 6,657.80 6,513.60 5,894.80 5,337.10 5,585.50
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 6,657.80 6,513.60 5,894.80 5,337.10 5,585.50
Cash Flow 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Net Cash Flow From Operating Activities 2,892.70 3,621.00 2,842.70 1,916.50 1,543.80
Net Cash Flow from Investing Activities (392.10) (599.50) (477.70) (173.30) (133.20)
Net Cash Flow from Financing Activities (2,414.90) (3,104.90) (2,327.60) (1,864.20) (1,438.20)
Net Increase/Decrease In Cash 85.70 (83.40) 37.40 (121.00) (27.60)
Ratios - based on IFRS 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
PE Ratio - Adjusted 25.5 20.6 32.2 231.7 28.4
PEG - Adjusted n/a 0.3 0.0 n/a 0.5
Earnings per Share Growth - Adjusted -14% 75% 1,291% -72% 58%
Dividend Cover 2.09 3.22 2.56 0.45 1.63
Revenue per Share 1,422.57¢ 1,572.44¢ 1,270.98¢ 10.23¢ 982.77¢
Pre-Tax Profit per Share 440.85¢ 542.18¢ 276.24¢ 0.64¢ 28.02¢
Operating Margin 33.68% 36.93% 27.12% 18.35% 12.27%
Return on Capital Employed 73.93% 99.96% 51.74% 0.02% 5.57%
           
Dividend Yield 1.9% 1.5% 1.2% 1.0% 2.2%
Dividend per Share Growth 33.17% 38.79% 143.64% 1.98% 0.55%
Operating Cash Flow per Share 539.01¢ 674.72¢ 529.70¢ 357.11¢ 287.67¢
Cash Incr/Decr per Share 15.97¢ (15.54¢) 6.97¢ (0.23¢) (5.14¢)
Net Asset Value per Share (exc. Intangibles) (521.63¢) (657.58¢) (898.50¢) 994.50¢ (1,263.66¢)
Net Gearing 85.31% 95.28% 125.03% 161.59% 162.59%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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