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MCHP vs ON: Microchip vs ON Semiconductor

Microchip (MCHP) and ON Semiconductor (ON) on Torvanta's measures: MCHP grades higher on 2 of the 4 factor families and ON on 1.

MCHPON
Value gradeD+C
Growth gradeBC
Profitability gradeD+D+
Momentum gradeCC-
Market value$44.2B$33.5B
P/E (trailing)119.8x55.4x
Forward P/E (Torvanta estimate)119.8x46.0x
Revenue, last 12 months$5.1B$6.2B
Revenue growth (y/y)+21%-3%
Operating margin15.5%10.8%
Return on invested capital5.7%6.5%
Free-cash-flow yield2.5%4.5%
Total return, 1 year+25.7%+74.4%
Total return, 3 years+13.6%-2.5%

Full MCHP analysis · Full ON analysis

Frequently asked questions

Which is better, MCHP or ON?

Microchip (MCHP) and ON Semiconductor (ON) on Torvanta's measures: MCHP grades higher on 2 of the 4 factor families and ON on 1. Which fits an investor depends on their goals; this is research, not a recommendation. Subscribers see where the model ranks each and its expected return.

Which is cheaper, MCHP or ON?

On trailing earnings MCHP trades at 119.8x and ON at 55.4x; their value grades are D+ and C against their sectors.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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