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How to buy Microchip Technology (MCHP) shares in Australia

Learn how to easily invest in Microchip Technology shares.

Microchip Technology Inc (MCHP) is a leading semiconductors business with stocks listed in the US. It opened the day at US$82.32 after a previous close of US$81.68. During the day the price has varied from a low of USD81.68 to a high of USD84.4. The latest price was USD83.53 (25 minute delay). Microchip Technology is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Microchip Technology

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Microchip Technology. Find the share by name or ticker symbol: MCHP. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Microchip Technology reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$81.68, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Microchip Technology, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Microchip Technology. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

Microchip Technology stock price (NASDAQ:MCHP)

Use our graph to track the performance of MCHP stocks over time.

Have Microchip Technology's shares ever split?

Microchip Technology's shares were split on a 2:1 basis on 12 October 2021. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Microchip Technology shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Microchip Technology shares which in turn could have impacted Microchip Technology's share price.

Microchip Technology shares at a glance

Information last updated 2024-04-22.
OpenUS$82.32
HighUS$84.4
LowUS$81.68
CloseUS$83.53
Previous closeUS$81.68
Change US$1.85
Change % 2.2649%
Volume 4,273,425
Information last updated 2024-04-17.
52-week rangeUS$68.025 - US$94.19
50-day moving average US$86.4942
200-day moving average US$84.0318
Target priceUS$93.12
PE ratio 20.0771
Dividend yield US$1.59 (1.96%)
Earnings per share (TTM) US$4.28

Microchip Technology share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Microchip Technology price performance over time

Historical closes compared with the last close of $83.53

1 week (2024-04-15) -2.53%
1 month (2024-03-22) -5.12%
3 months (2024-01-22) -7.95%
6 months (2023-10-20) 10.84%
1 year (2023-04-21) 8.76%
2 years (2022-04-22) 26.43%
3 years (2021-04-22) 10.37%
5 years (2019-04-22) 71.17%

Compare trading platforms to buy Microchip Technology shares

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Microchip Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Microchip Technology under- or over-valued?

Valuing Microchip Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Microchip Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Microchip Technology's P/E ratio

Microchip Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Microchip Technology shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Microchip Technology's PEG ratio

Microchip Technology's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 8.4652. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Microchip Technology's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Microchip Technology's EBITDA

Microchip Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$4.1 billion (£3.3 billion).

The EBITDA is a measure of a Microchip Technology's overall financial performance and is widely used to measure stock profitability.

Microchip Technology share price volatility

Over the last 12 months, Microchip Technology's shares have ranged in value from as little as US$68.025 up to US$94.19. A popular way to gauge a stock's volatility is its "beta".

MCHP.US volatility(beta: 1.63)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Microchip Technology's is 1.625. This would suggest that Microchip Technology's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Microchip Technology financials

Revenue TTM US$8.5 billion
Operating margin TTM 30.05%
Gross profit TTM US$4.4 billion
Return on assets TTM 12.29%
Return on equity TTM 35.19%
Profit margin 27.59%
Book value 13.102
Market capitalisation US$46.4 billion

TTM: trailing 12 months

Microchip Technology share dividends

28%

Dividend payout ratio: 28.13% of net profits

Recently Microchip Technology has paid out, on average, around 28.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.96% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Microchip Technology shareholders could enjoy a 1.96% return on their shares, in the form of dividend payments. In Microchip Technology's case, that would currently equate to about $1.59 per share.

While Microchip Technology's payout ratio might seem fairly standard, it's worth remembering that Microchip Technology may be investing much of the rest of its net profits in future growth.

Microchip Technology's most recent dividend payout was on 7 March 2024. The latest dividend was paid out to all shareholders who bought their shares by 21 February 2024 (the "ex-dividend date").

Microchip Technology's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Microchip Technology.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Microchip Technology's total ESG risk score

Total ESG risk: 36.55

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Microchip Technology's overall score of 36.55 (as at 12/31/2018) is pretty weak – landing it in it in the 73rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Microchip Technology is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Microchip Technology's environmental score

Environmental score: 18.35/100

Microchip Technology's environmental score of 18.35 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Microchip Technology is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Microchip Technology's social score

Social score: 12.44/100

Microchip Technology's social score of 12.44 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Microchip Technology is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Microchip Technology's governance score

Governance score: 10.76/100

Microchip Technology's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Microchip Technology is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Microchip Technology's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Microchip Technology scored a 1 out of 5 for controversy – the highest score possible, reflecting that Microchip Technology has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Microchip Technology Inc was last rated for ESG on: 2019-01-01.

Total ESG score 36.55
Total ESG percentile 73.42
Environmental score 18.35
Environmental score percentile 5
Social score 12.44
Social score percentile 5
Governance score 10.76
Governance score percentile 5
Level of controversy 1

Microchip Technology overview

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 mixed-signal microprocessors; 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 application development tools that enable system designers to program microcontroller, FPGA, 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 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 non-volatile memory 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.

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