MICROCHIP TECHNOLOGY INC (MCHP)

Semiconductors & Related Devices

Latest Price

$71.58

TTM P/E

107.37

Normalized P/E

38.59

Div Yield

2.49%

Book Value

11.89

P/B Ratio

6.02

Valuation metrics

EPS: $0.22

Book value / share: $11.87

Formula: √(22.5 × EPS × BVPS)

Graham Number

$7.66

89% downside

Norm. op. income: $998M (median of 7yr)

Tax rate: 18%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$5.47

92% downside

Base FCF: $2.5B (median of recent 5yr)

Growth: 18%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$196.96

+175% upside

EPS: $0.22

Target P/E: 39×

Formula: EPS × P/E

P/E Fair Value

$8.58

88% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	63.59M	$5.80B	11.71%	+9.26M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	35.36M	$3.23B	6.51%	+237.7K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	33.08M	$3.02B	6.09%	+673.3K	2026-06-30
STATE STREET CORP	28.85M	$2.63B	5.31%	+821.1K	2026-06-30
Invesco Ltd.	25.33M	$2.31B	4.66%	+10.92M	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	15.54M	$1.41B	2.86%	+986.4K	2026-06-30
Boston Partners	14.52M	$1.32B	2.67%	-224.9K	2026-06-30
ALKEON CAPITAL MANAGEMENT LLC	12.10M	$1.10B	2.23%	+5.10M	2026-06-30
BANK OF AMERICA CORP /DE/	11.90M	$1.08B	2.19%	+493.4K	2026-06-30
Aristotle Capital Management, LLC	10.80M	$984.0M	1.99%	-841.8K	2026-06-30