MCHP vs ON: stock comparison and AI forecast
Microchip Technology Inc (MCHP) and On Semiconductor Corp (ON) compared on price performance, valuation, profitability and the daily AI forecast. · Alpha · vs market
Share
MCHP Microchip Technology Inc
- Price
- $76.11 -20.1% · 6M
- Market Cap
- $41.33B
- P/E Ratio
- 111.9x
- Size
- large-cap
- AI Forecast
ON On Semiconductor Corp
- Price
- $71.67 -28.9% · 6M
- Market Cap
- $27.90B
- P/E Ratio
- 45.1x
- Size
- large-cap
- AI Forecast
Which one does the AI model favor?
Intratio's model scores both stocks every trading day. Sign in to see their current direction; the exact ratings and forecasts come with a plan or a free follow slot.
Six-month price performance
Closing prices rebased to 100 at the start of the window.
Key facts
- MCHP is 1.5 times larger than ON by market capitalization ($41.33B against $27.90B).
- ON trades at 45.1 times trailing earnings, MCHP at 111.9 times.
- Over the last six months MCHP returned -20.1% and ON -28.9%.
- ON turns 10.2% of its revenue into net income, against 9.3% for MCHP.
- MCHP carries 1.23 times debt per unit of equity, against 0.87 times for ON.
- MCHP yields 2.38% in dividends; ON pays none.
- Both companies share the SEC industry classification Semiconductors & Related Devices.
Fundamentals side by side
Trailing twelve months.
Valuation & Market
| Metric | MCHP | ON |
|---|---|---|
| Market Cap | $41.33B | $27.90B |
| P/E Ratio | 111.93x | 45.08x |
| P/B Ratio | 6.41x | 3.87x |
| Dividend Yield | 2.38% | – |
| EPS | $0.68 | $1.59 |
| Book Value/Share | $11.88 | $18.54 |
| Revenue/Share | $9.43 | $15.92 |
| FCF/Share | $2.05 | $3.85 |
Profitability & Margins
| Metric | MCHP | ON |
|---|---|---|
| ROE | 7.4% | 8.7% |
| ROA | 3.3% | 4.7% |
| ROIC | 6.1% | 5.9% |
| Gross Margin | 60.2% | 37.7% |
| Operating Margin | 15.5% | 10.8% |
| Net Margin | 9.3% | 10.2% |
| EBT Margin | 11.3% | 11.6% |
| Tax Rate | 17.4% | 11.8% |
Financial Health
| Metric | MCHP | ON |
|---|---|---|
| Current Ratio | 1.92x | 3.46x |
| Quick Ratio | 1.11x | 2.49x |
| D/E Ratio | 1.23x | 0.87x |
| Financial Leverage | 2.23x | 1.87x |
| Interest Coverage | 1.0x | 13.9x |
| Working Capital | $1.19B | $5.18B |
Cash Flow
| Metric | MCHP | ON |
|---|---|---|
| Operating Cash Flow | $1.20B | $1.67B |
| Free Cash Flow | $1.11B | $1.50B |
| Capital Spending | -$87M | -$172M |
| OCF Growth YoY | 50.4% | -8.7% |
| FCF Growth YoY | 53.1% | 16.4% |
| FCF/Sales | 21.7% | 24.2% |
| CapEx/Sales | 1.7% | 2.8% |
Operational Efficiency
| Metric | MCHP | ON |
|---|---|---|
| Asset Turnover | 0.36x | 0.46x |
| Receivables Turnover | 5.3x | 6.9x |
| Inventory Turnover | 1.9x | 1.9x |
| Fixed Assets Turnover | 4.7x | 2.1x |
| Days Sales Outstanding | 69 days | 53 days |
| Days Inventory | 187 days | 194 days |
| Payables Period | 41 days | 47 days |
| Cash Conversion Cycle | 215 days | 199 days |
Income Statement
| Metric | MCHP | ON |
|---|---|---|
| Total Revenue | $5.12B | $6.20B |
| Operating Income | $795M | $670M |
| Net Income | $478M | $630M |
| R&D Expense | $1.14B | $561M |
| SG&A Expense | $699M | $920M |
| Cost of Goods Sold | $2.04B | $3.86B |
Dividend & Shareholder Information
| Metric | MCHP | ON |
|---|---|---|
| Dividends Per Share | $1.81 | – |
| Payout Ratio | 266.2% | – |
| Shares Outstanding | 543M | 389M |
| Net Income Growth | – | 35.3% |
| EPS Growth | – | 48.6% |
MCHP vs ON: stock comparison and AI forecast
Which is bigger, MCHP or ON?
MCHP is 1.5 times larger than ON by market capitalization ($41.33B against $27.90B).
Which is cheaper on earnings, MCHP or ON?
ON trades at 45.1 times trailing earnings, MCHP at 111.9 times.
Which stock performed better over the last six months, MCHP or ON?
Over the last six months MCHP returned -20.1% and ON -28.9%.
Which one does Intratio's AI model rank higher, MCHP or ON?
Intratio's model scores both stocks every trading day. Sign in to see their current direction; the exact ratings and forecasts come with a plan or a free follow slot.
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This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.