Microchip Technology Stock Five Year Return
| MCHP Stock | USD 67.87 0.54 0.79% |
Microchip Technology fundamentals help investors to digest information that contributes to Microchip Technology's financial success or failures. It also enables traders to predict the movement of Microchip Stock. The fundamental analysis module provides a way to measure Microchip Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Microchip Technology stock.
Microchip | Five Year Return |
Microchip Technology Company Five Year Return Analysis
Microchip Technology's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Microchip Technology Five Year Return | 1.46 % |
Most of Microchip Technology's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Microchip Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Microchip Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Microchip Technology is extremely important. It helps to project a fair market value of Microchip Stock properly, considering its historical fundamentals such as Five Year Return. Since Microchip Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Microchip Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Microchip Technology's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Microchip Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Microchip Technology has a Five Year Return of 1.46%. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The five year return for all United States stocks is notably lower than that of the firm.
Microchip Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Microchip Technology's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Microchip Technology could also be used in its relative valuation, which is a method of valuing Microchip Technology by comparing valuation metrics of similar companies.Microchip Technology is currently under evaluation in five year return category among its peers.
Microchip Technology ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Microchip Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Microchip Technology's managers, analysts, and investors.Environmental | Governance | Social |
Microchip Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0441 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 42.62 B | ||||
| Shares Outstanding | 537.01 M | ||||
| Shares Owned By Insiders | 2.10 % | ||||
| Shares Owned By Institutions | 97.73 % | ||||
| Number Of Shares Shorted | 30.77 M | ||||
| Price To Earning | 59.00 X | ||||
| Price To Book | 5.85 X | ||||
| Price To Sales | 6.63 X | ||||
| Revenue | 7.63 B | ||||
| Gross Profit | 4.45 B | ||||
| EBITDA | 3.44 B | ||||
| Net Income | 1.91 B | ||||
| Cash And Equivalents | 379.1 M | ||||
| Cash Per Share | 0.69 X | ||||
| Total Debt | 6.03 B | ||||
| Debt To Equity | 1.27 % | ||||
| Current Ratio | 1.78 X | ||||
| Book Value Per Share | 11.69 X | ||||
| Cash Flow From Operations | 2.89 B | ||||
| Short Ratio | 5.01 X | ||||
| Earnings Per Share | 1.43 X | ||||
| Price To Earnings To Growth | 6.33 X | ||||
| Target Price | 85.35 | ||||
| Number Of Employees | 22.3 K | ||||
| Beta | 1.53 | ||||
| Market Capitalization | 36.45 B | ||||
| Total Asset | 15.87 B | ||||
| Retained Earnings | 6.76 B | ||||
| Working Capital | 493.6 M | ||||
| Current Asset | 3.1 B | ||||
| Current Liabilities | 382.01 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.46 % | ||||
| Net Asset | 15.87 B | ||||
| Last Dividend Paid | 1.8 |
About Microchip Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Microchip Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Microchip Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Microchip Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Microchip Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Microchip Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Microchip Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Microchip Stock
Moving against Microchip Stock
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| 0.66 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.63 | KSCP | Knightscope | PairCorr |
The ability to find closely correlated positions to Microchip Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microchip Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microchip Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microchip Technology to buy it.
The correlation of Microchip Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microchip Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microchip Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microchip Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Microchip Stock Analysis
When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.