MCHP vs. SKHY: Microchip vs. SK hynix Stock Comparison
How do Microchip (MCHP) and SK hynix (SKHY) 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 SK hynix (SKHY) 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 been public since March 19, 1993, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.
Microchip (MCHP) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | MCHP | SKHY |
|---|---|---|
| Name | Microchip Technology Inc. | SK hynix Inc. |
| Country/Region | United States | South Korea |
| 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 | 897.97 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 19, 1993 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| Total Return (1Y) | 11.53% | -- |
| Total Return (3Y, Annualized) | -3.63% | -- |
| Total Return (5Y, Annualized) | -3.83% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 52.96% | 101.44% |
| Beta (5Y) | 1.91 | 5.36 |
| Max Drawdown (5Y) | -63.77% | -37.62% |
| Avg. Volume (3M) | 10.34M | 20.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both MCHP and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.14 | -- |
| Sortino Ratio (1Y) | 0.21 | -- |
Profitability
ROE (TTM)
SK hynix (SKHY) at 92.54% clears its industry range for ROE, a sharper capital-efficiency signal than Microchip (MCHP) at 12.57%, which is closer to a typical peer reading.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
92.54%
- SKHY
- 92.54%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
SK hynix (SKHY) at 70.27% converts revenue to bottom-line profit above its industry’s benchmark range, while Microchip (MCHP) at 14.96% keeps roughly the typical share for its industry.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
70.27%
- SKHY
- 70.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
SK hynix (SKHY) at 79.66% turns sales into operating profit above its industry’s benchmark range, while Microchip (MCHP) at 29.13% operates around its industry’s norm.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
79.66%
- SKHY
- 79.66%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| ROE (TTM) | 12.57% | 92.54% |
| ROA (TTM) | 5.19% | 46.43% |
| Net Margin (TTM) | 14.96% | 70.27% |
| Operating Margin (TTM) | 29.13% | 79.66% |
| Gross Margin (TTM) | 62.70% | 77.38% |
Growth
Revenue Growth
SK hynix (SKHY) at 46.76% sits in the top revenue growth quartile, while Microchip (MCHP) at 7.08% is closer to the peer norm — faster top-line expansion for SKHY.
EPS Growth
Only one side can be read here: SK hynix (SKHY) reports EPS growth of 112.46%, ranked against its industry; Microchip (MCHP) has no EPS growth figure this period.
Growth Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| Revenue Growth (YoY) | 7.08% | 46.76% |
| Revenue Growth (3Y CAGR) | -17.65% | 29.61% |
| EPS Growth (YoY) | -- | 112.46% |
| EPS Growth (3Y CAGR) | -62.03% | 165.07% |
Financial Strength
Current Ratio (MRQ)
SK hynix (SKHY) at 26.88 carries current ratio above its industry’s typical mid-range, while Microchip (MCHP) at 2.24 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
26.88
- SKHY
- 26.88
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
SK hynix (SKHY) at 0.05 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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.05
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- SKHY
- 0.05
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 2.24 | 26.88 |
| Debt / Equity (MRQ) | 0.84 | 0.05 |
| Net Debt / EBITDA | 2.73 | -0.46 |
Dividends
Dividend Yield (TTM)
Both Microchip (MCHP) at 2.81% and SK hynix (SKHY) at 2,118.64% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
2,118.64%
- SKHY
- 2,118.64%
- Max
- 1.37%
- Q3
- 0.65%
- 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; SK hynix (SKHY) 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SKHY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| Dividend Yield (TTM) | 2.81% | 2,118.64% |
| Dividend Payout Ratio (TTM) | 136.84% | 0.00% |
Valuation
P/E Ratio (TTM)
SK hynix (SKHY) at 8.12 sits in the cheaper P/E ratio quartile, while Microchip (MCHP) at 43.87 is closer to its industry’s usual earnings multiple — a discount for SKHY, though growth and earnings durability still matter.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
8.12
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- SKHY
- 8.12
- Min
- 8.12
P/S Ratio (TTM)
SK hynix (SKHY) at 0.00 sits in the cheaper P/S ratio quartile while Microchip (MCHP) at 5.67 prices around its industry’s middle — SKHY costs less per dollar of sales, though read it alongside growth and margins.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- SKHY
- 0.00
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Microchip (MCHP) at 4.78 and SK hynix (SKHY) at 3.95 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
SKHY
Semiconductors & Semiconductor Equipment industry group
3.95
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SKHY
- 3.95
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MCHP | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 43.87 | 8.12 |
| P/S Ratio (TTM) | 5.67 | 0.00 |
| P/B Ratio (MRQ) | 4.78 | 3.95 |
| Free Cash Flow Yield (TTM) | 4.85% | -- |