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Microchip Technology Inc (MCHP) Files 10-K for the Fiscal Year Ended on March 31, 2019

- By insider

Microchip Technology Inc (MCHP) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Microchip Technology Inc develops, manufactures and sells semiconductor products used for a range of embedded control applications. It also provides license Flash-IP solutions. Microchip Technology Inc has a market cap of $19.28 billion; its shares were traded at around $81.34 with a P/E ratio of 57.28 and P/S ratio of 4.05. The dividend yield of Microchip Technology Inc stocks is 1.80%. Microchip Technology Inc had annual average EBITDA growth of 8.60% over the past ten years. GuruFocus rated Microchip Technology Inc the business predictability rank of 4-star.


For the last quarter Microchip Technology Inc reported a revenue of $1.3 billion, compared with the revenue of $1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.3 billion, an increase of 34.4% from last year. For the last five years Microchip Technology Inc had an average revenue growth rate of 23.5% a year.

The reported diluted earnings per share was $1.42 for the year, an increase of 37.9% from previous year. Over the last five years Microchip Technology Inc had an average EPS decline of 9.3% a year. The Microchip Technology Inc had a decent operating margin of 13.98%, compared with the operating margin of 23.96% a year before. The 10-year historical median operating margin of Microchip Technology Inc is 23.94%. The profitability rank of the company is 8 (out of 10).

At the current stock price of $81.34, Microchip Technology Inc is traded at 18.4% discount to its historical median P/S valuation band of $99.70. The P/S ratio of the stock is 4.05, while the historical median P/S ratio is 4.96. The intrinsic value of the stock is $15.20 a share, according to GuruFocus DCF Calculator. The stock lost 13.88% during the past 12 months.

CFO Recent Trades:

  • Senior VP and CFO James Eric Bjornholt sold 2,188 shares of MCHP stock on 05/22/2019 at the average price of $80.99. The price of the stock has increased by 0.43% since.

Directors and Officers Recent Trades:

  • Senior VP, Analog/Intrfce BU Richard J Simoncic sold 3,900 shares of MCHP stock on 05/22/2019 at the average price of $80.99. The price of the stock has increased by 0.43% since.
  • Senior VP, WW Client Engagemnt Mitchell R Little sold 3,831 shares of MCHP stock on 05/22/2019 at the average price of $80.99. The price of the stock has increased by 0.43% since.
  • Senior VP, MCU8/MCU16 BU Stephen V Drehobl sold 4,629 shares of MCHP stock on 05/22/2019 at the average price of $80.99. The price of the stock has increased by 0.43% since.

For the complete 20-year historical financial data of MCHP, click here.

This article first appeared on GuruFocus.