MCHP vs. SITM: Microchip vs. SiTime Stock Comparison
How do Microchip (MCHP) and SiTime (SITM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Microchip (MCHP) and SiTime (SITM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Microchip (MCHP) has more than two decades of public-market history since March 19, 1993, whereas SiTime (SITM) listed on November 20, 2019 and has a much shorter record to draw on.
| Profile Item | MCHP | SITM |
|---|---|---|
| Name | Microchip Technology Inc. | SiTime Corporation |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 31.76 billion USD | 12.59 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 19, 1993 | November 20, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MCHP | SITM |
|---|---|---|
| Total Return (1Y) | 11.53% | 40.83% |
| Total Return (3Y, Annualized) | -3.63% | 62.79% |
| Total Return (5Y, Annualized) | -3.83% | 13.55% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Microchip (MCHP) is heavily traded at around 10.34M shares per day, whereas SiTime (SITM) sees a more moderate 535.52K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | MCHP | SITM |
|---|---|---|
| Volatility (1Y, Annualized) | 52.96% | 88.57% |
| Beta (5Y) | 1.91 | 2.87 |
| Max Drawdown (5Y) | -63.77% | -78.12% |
| Avg. Volume (3M) | 10.34M | 535.52K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MCHP | SITM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.14 | 0.41 |
| Sortino Ratio (1Y) | 0.21 | 0.66 |
Profitability
ROE (TTM)
Microchip (MCHP) at 12.57% is around its peer norm for ROE, while SiTime (SITM) at 1.15% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
MCHP
Semiconductors & Semiconductor Equipment industry group
12.57%
- Max
- 52.82%
- Q3
- 22.26%
- MCHP
- 12.57%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
SITM
Semiconductors & Semiconductor Equipment industry group
1.15%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- SITM
- 1.15%
- Min
- -16.89%
Net Margin (TTM)
Both Microchip (MCHP) at 14.96% and SiTime (SITM) at 3.87% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
MCHP
Semiconductors & Semiconductor Equipment industry group
14.96%
- Max
- 63.80%
- Q3
- 28.36%
- MCHP
- 14.96%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
SITM
Semiconductors & Semiconductor Equipment industry group
3.87%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- SITM
- 3.87%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both Microchip (MCHP) at 29.13% and SiTime (SITM) at 9.92% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
MCHP
Semiconductors & Semiconductor Equipment industry group
29.13%
- Max
- 58.66%
- Q3
- 30.23%
- MCHP
- 29.13%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
SITM
Semiconductors & Semiconductor Equipment industry group
9.92%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- SITM
- 9.92%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | MCHP | SITM |
|---|---|---|
| ROE (TTM) | 12.57% | 1.15% |
| ROA (TTM) | 5.19% | 0.89% |
| Net Margin (TTM) | 14.96% | 3.87% |
| Operating Margin (TTM) | 29.13% | 9.92% |
| Gross Margin (TTM) | 62.70% | 56.24% |
Growth
Revenue Growth
SiTime (SITM) at 61.16% sits in the top revenue growth quartile, while Microchip (MCHP) at 7.08% is closer to the peer norm — faster top-line expansion for SITM.
EPS Growth
Neither Microchip (MCHP) nor SiTime (SITM) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | MCHP | SITM |
|---|---|---|
| Revenue Growth (YoY) | 7.08% | 61.16% |
| Revenue Growth (3Y CAGR) | -17.65% | 4.82% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -62.03% | -- |
Financial Strength
Current Ratio (MRQ)
SiTime (SITM) at 5.56 keeps current ratio within its industry’s typical mid-range, while Microchip (MCHP) at 2.24 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MCHP.
MCHP
Semiconductors & Semiconductor Equipment industry group
2.24
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- MCHP
- 2.24
- Min
- 1.03
SITM
Semiconductors & Semiconductor Equipment industry group
5.56
- Max
- 10.33
- Q3
- 5.62
- SITM
- 5.56
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
SiTime (SITM) at 0.38 carries an industry-typical debt-to-equity mix, while Microchip (MCHP) at 0.84 uses more debt funding than most peers.
MCHP
Semiconductors & Semiconductor Equipment industry group
0.84
- Max
- 1.46
- MCHP
- 0.84
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
SITM
Semiconductors & Semiconductor Equipment industry group
0.38
- Max
- 1.46
- Q3
- 0.65
- SITM
- 0.38
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | MCHP | SITM |
|---|---|---|
| Current Ratio (MRQ) | 2.24 | 5.56 |
| Debt / Equity (MRQ) | 0.84 | 0.38 |
| Net Debt / EBITDA | 2.73 | 6.66 |
Dividends
Dividend Yield (TTM)
SiTime (SITM) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Microchip (MCHP) reports a yield of 2.81%, ranking against industry peers normally.
MCHP
Semiconductors & Semiconductor Equipment industry group
2.81%
- MCHP
- 2.81%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SITM
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- SITM
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Microchip (MCHP) reports payout ratio above 100% at 136.84%, meaning dividends exceeded current-period earnings; SiTime (SITM) pays no dividend (payout 0.00%).
MCHP
Semiconductors & Semiconductor Equipment industry group
136.84%
- MCHP
- 136.84%
- Max
- 49.64%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SITM
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SITM
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MCHP | SITM |
|---|---|---|
| Dividend Yield (TTM) | 2.81% | 0.00% |
| Dividend Payout Ratio (TTM) | 136.84% | 0.00% |
Valuation
P/E Ratio (TTM)
Microchip (MCHP) at 43.87 is near its industry’s usual P/E ratio, while SiTime (SITM) at 416.92 sits above its peer range — an unusually expensive price for SITM’s trailing earnings.
MCHP
Semiconductors & Semiconductor Equipment industry group
43.87
- Max
- 110.34
- Q3
- 66.81
- MCHP
- 43.87
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
SITM
Semiconductors & Semiconductor Equipment industry group
416.92
- SITM
- 416.92
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Microchip (MCHP) at 5.67 is priced about in line with its industry on P/S ratio, while SiTime (SITM) at 18.44 sits in the pricier quartile — SITM costs more per dollar of sales.
MCHP
Semiconductors & Semiconductor Equipment industry group
5.67
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- MCHP
- 5.67
- Q1
- 2.73
- Min
- 0.00
SITM
Semiconductors & Semiconductor Equipment industry group
18.44
- Max
- 21.42
- SITM
- 18.44
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Microchip (MCHP) at 4.78 and SiTime (SITM) at 3.61 are valued close to their industries’ norm against book — neither stands out from peers.
MCHP
Semiconductors & Semiconductor Equipment industry group
4.78
- Max
- 14.06
- Q3
- 7.44
- MCHP
- 4.78
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
SITM
Semiconductors & Semiconductor Equipment industry group
3.61
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SITM
- 3.61
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MCHP | SITM |
|---|---|---|
| P/E Ratio (TTM) | 43.87 | 416.92 |
| P/S Ratio (TTM) | 5.67 | 18.44 |
| P/B Ratio (MRQ) | 4.78 | 3.61 |
| Free Cash Flow Yield (TTM) | 4.85% | -0.05% |