MCHP vs RGTI vs UMC Stock Comparison

Microchip Technology, Rigetti Computing and United Microelectronics Prices as of Oct 29, 2026 Peers: Industry group
MCHP Microchip Technology Inc
$81.12 +3.0% 1M +29.7% 1Y
Market cap
$43.17B
P/E
117.6x
Revenue (TTM)
$5.12B
Div. yield
0.02%
Semiconductor Manufacturing Technology
2 wins
UMC United Microelectronics Corp
$18.04 -27.0% 1M +144.1% 1Y
Market cap
$41.14B
P/E
15.6x
Revenue (TTM)
$14.11B
Div. yield
–
Semiconductor Manufacturing Technology
9 wins

Head to Head

11 decided of 12

United Microelectronics leads on 9 of the 12 questions below (United Microelectronics 9, Microchip Technology 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMCHPRGTIUMCLeader
Larger companyMarket capitalisation $43.17B $3.81B $41.14B MCHP
Cheaper on earningsLower P/E, profitable companies only 117.6x -16.0x 15.6x UMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.3x — 16.4x UMC
Faster revenue growthRevenue growth, trailing twelve months +20.9% +68.5% +87.7% UMC
More profitableNet margin, trailing twelve months 7.2% -1,787.4% 18.7% UMC
Better return on capitalReturn on invested capital 5.5% — 11.6% UMC
Less leveragedLower net debt / EBITDA 3.4x — -1.0x UMC
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +29.7% -69.4% +144.1% UMC
Better 5-year returnAnnualised price return, 5 years +1.8%/yr +2.8%/yr +11.9%/yr UMC
Less volatileAnnualised volatility, 1 year 49.4% 93.6% 64.6% MCHP
Higher overall scoreMean of the five percentile scores vs peers 40/100 32/100 80/100 UMC

Percentile Scorecard

MCHPRGTIUMC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMCHPRGTIUMC
Valuation 52 #46 of 94 14 #107 of 124 95 #6 of 94
Growth 42 #54 of 92 20 #91 of 113 78 #21 of 92
Profitability 58 #38 of 88 9 #99 of 109 72 #25 of 88
Financial Health 5 #91 of 96 89 #15 of 127 67 #32 of 96
Shareholder Returns 45 #40 of 72 27 #46 of 63 89 #9 of 72
Overall 40 32 80
  • MCHP ranked among 103 companies in Semiconductors
  • RGTI ranked among 137 companies in Infrastructure Software
  • UMC ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMCHPRGTIUMCSPY
1 month +3.0%-23.4%-27.0% +0.7%
3 months +8.1%-18.8%-4.9% +3.7%
6 months -12.7%-30.9%+38.1% +7.1%
Year to date +27.3%-45.6%+129.5% +12.8%
1 year +29.7%-69.4%+144.1% +11.9%
3 years +14.8%+1,016.7%+155.2% +85.2%
3 years, per year +4.7%+123.6%+36.7% +22.8%
5 years +9.5%+14.6%+75.7% +67.6%
5 years, per year +1.8%+2.8%+11.9% +10.9%
10 years +169.1%—+864.7% +262.0%
10 years, per year +10.4%—+25.4% +13.7%

Risk

MeasureMCHPRGTIUMCSPY
Volatility, 1Y 49.4%93.6%64.6% 12.7%
Downside volatility, 1Y 44.1%89.6%56.9% 12.6%
Beta vs S&P 500, 1Y 2.163.901.80 1.00
Return / volatility, 1Y 0.60-0.742.23 0.94
Max drawdown, 5Y -64.5%-96.9%-57.3% -25.4%
From 52-week high -21.2%-72.8%-35.6% -1.2%
52-week high $102.92$44.27$28.01 $779.14
52-week low $49.02$11.44$7.02 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMCHPRGTIUMC
P/E now vs peer median 119.8xmedian 46.4x -16.8xmedian 39.0x 16.7xmedian 46.4x
P/S now vs peer median 8.6xmedian 7.8x 301.4xmedian 4.6x 3.2xmedian 7.8x
EV/EBITDA now vs peer median 32.8xmedian 27.5x -41.6xmedian 32.7x 11.1xmedian 27.5x
P/FCF now vs peer median 44.7xmedian 40.1x -45.9xmedian 27.4x 20.7xmedian 40.1x
P/B now vs peer median 6.8xmedian 4.7x 7.5xmedian 3.2x 3.1xmedian 4.7x
PEG now vs peer median -2.58median 2.10 4.26median 1.23 2.62median 2.10

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMCHPRGTIUMC
Revenue $5.12B $13.35M $14.11B
Gross profit $3.08B $4.62M $2.67B
Operating income $794.80M -$97.16M $1.81B
Net income $478.40M -$238.67M $2.64B
Free cash flow $985.70M -$87.58M $2.19B
R&D $1.14B $73.05M $595.72M
EPS (diluted) $0.67 $-0.72 $1.07
Cash & equivalents $272.30M $27.76M $4.48B
Total debt $5.36B – $781.92M
Shares (diluted) 550.50M 333.22M 2.47B
Enterprise value $42.17B $2.11B $25.51B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMCHPRGTIUMC
P/E 119.8x -16.8x 16.7x
P/FCF 44.7x -45.9x 20.7x
P/Operating cash flow 36.8x -66.3x 12.1x
P/S 8.6x 301.4x 3.2x
P/B 6.8x 7.5x 3.1x
P/Tangible book 9.9x 7.5x 3.1x
EV/EBITDA 32.8x -41.6x 11.1x
EV/EBIT 61.8x -37.4x 23.1x
EV/Revenue 9.6x 271.9x 3.0x
EV/FCF 49.9x -41.5x 19.0x
EV/Operating cash flow 41.0x -59.8x 11.1x
PEG (3Y EPS CAGR) -2.58 4.26 2.62

Growth

14 metrics
MetricMCHPRGTIUMC
Revenue growth (1Y) 20.9% 68.5% 87.7%
Revenue CAGR (3Y) -16.4% -2.5% 22.9%
Gross profit growth (1Y) 33.6% 43.8% 22.7%
Gross profit CAGR (3Y) -19.7% -26.6% -2.4%
Operating income growth (1Y) 627.2% -25.6% 29.9%
Operating income CAGR (3Y) -37.9% -0.3% -6.7%
Net income growth (1Y) 422.4% -44.8% 97.8%
Net income CAGR (3Y) -41.6% -42.8% 5.5%
EPS growth (1Y) 301.6% -29.6% 97.8%
EPS CAGR (3Y) -46.5% -4.0% 6.4%
Operating cash flow growth (1Y) 50.4% -12.9% 19.0%
Operating cash flow CAGR (3Y) -31.8% 0.3% 5.1%
Free cash flow growth (1Y) 67.1% -33.6% 410.9%
Free cash flow CAGR (3Y) -32.4% -3.5% 11.3%

Profitability

14 metrics
MetricMCHPRGTIUMC
Gross margin 60.2% 34.6% 18.9%
EBITDA margin 29.3% -653.3% 26.7%
Operating margin 15.5% -727.6% 12.8%
Pretax margin 11.3% -1,787% 30.5%
Net margin 7.2% -1,787% 18.7%
FCF margin 19.2% -655.9% 15.5%
Operating cash flow margin 23.4% -454.7% 26.7%
Return on equity 7.4% -42.6% 18.4%
Return on assets 3.3% -36.7% 12.5%
Return on invested capital 5.5% – 11.6%
Return on capital employed 6.1% -17.8% 9.6%
Asset turnover 0.4x 0.0x 0.7x
Cash conversion (OCF / net income) 2.5x 0.3x 1.4x
Stock comp / revenue 5.4% 170.7% 0.1%

Financial Health

11 metrics
MetricMCHPRGTIUMC
Debt / assets 37.2% – 3.7%
Debt / equity 0.8x – 0.1x
Net debt / EBITDA 3.4x – -1.0x
Debt / FCF 5.4x – 0.4x
Liabilities / assets 55.2% 17.1% 30.3%
Equity / assets 44.8% 82.9% 69.7%
Interest coverage 3.7x – 33.0x
Current ratio 1.9x 3.9x 3.3x
Quick ratio 1.0x 3.8x 2.6x
Cash ratio 0.2x 3.7x 2.0x
Altman Z-score 4.43 20.18 –

Shareholder Returns

7 metrics
MetricMCHPRGTIUMC
Dividend yield 2.3% – 2.2%
Net buyback yield -0.1% -1.3% 0.7%
Shareholder yield 2.1% -1.3% 2.9%
Payout ratio (earnings) 206.0% – –
Payout ratio (FCF) 100.0% – –
Dividend growth (1Y) 0.7% – –
Dividend CAGR (3Y) 9.5% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMCHPRGTIUMC
Forward P/E 21.3xFY2026 – 16.4xFY2026
EPS, next fiscal year $3.80FY2026 $-0.20FY2026 $1.10FY2026
EPS growth, next FY +131.7%FY2026 – +107.5%FY2026
EPS growth, the year after +23.9% – -2.7%
Revenue, next fiscal year $6.62BFY2026 $22.61MFY2026 $8.52BFY2026
Revenue growth, next FY +40.6%FY2026 +218.9%FY2026 +12.1%FY2026
Revenue growth, the year after +20.4% +115.1% +24.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMCHPRGTIUMC
Held by institutions 100.0% 52.1% 7.1%
Institutions holding 1,285 476 363
Change in shares held, QoQ +7.0% +0.0% +3.2%
Institutions buying 681 307 220
Institutions selling 433 87 110
Buyers to sellers 1.57 3.53 2.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MCHPRGTIUMC
MCHP 1.00 0.38 0.39
RGTI 0.38 1.00 0.31
UMC 0.39 0.31 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, MCHP, RGTI and UMC?

Microchip Technology (MCHP) is the largest by market capitalisation: Microchip Technology (MCHP) $43.17B, Rigetti Computing (RGTI) $3.81B, United Microelectronics (UMC) $41.14B.

Which stock is cheaper, MCHP, RGTI and UMC?

United Microelectronics (UMC) trades on the lowest price-to-earnings ratio (Microchip Technology (MCHP) 117.6x, Rigetti Computing (RGTI) -16.0x, United Microelectronics (UMC) 15.6x). On next year's consensus earnings, United Microelectronics (UMC) is cheapest (Microchip Technology (MCHP) 21.3x, United Microelectronics (UMC) 16.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

United Microelectronics (UMC) grew revenue fastest over the trailing twelve months: Microchip Technology (MCHP) +20.9%, Rigetti Computing (RGTI) +68.5%, United Microelectronics (UMC) +87.7%.

Which company is more profitable?

United Microelectronics (UMC) has the highest net margin (Microchip Technology (MCHP) 7.2%, Rigetti Computing (RGTI) -1,787.4%, United Microelectronics (UMC) 18.7%). On return on invested capital, United Microelectronics (UMC) leads (Microchip Technology (MCHP) 5.5%, United Microelectronics (UMC) 11.6%).

Which stock has performed better?

Over the past year United Microelectronics (UMC) returned the most: Microchip Technology (MCHP) +29.7%, Rigetti Computing (RGTI) -69.4%, United Microelectronics (UMC) +144.1%. Over five years, United Microelectronics (UMC) compounded fastest (Microchip Technology (MCHP) +1.8%/yr, Rigetti Computing (RGTI) +2.8%/yr, United Microelectronics (UMC) +11.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Microchip Technology (MCHP) 0.02%, Rigetti Computing (RGTI) 0.00%, United Microelectronics (UMC) 0.00%. Rigetti Computing (RGTI) and United Microelectronics (UMC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Microchip Technology (MCHP) has been the steadiest (Microchip Technology (MCHP) 49.4%, Rigetti Computing (RGTI) 93.6%, United Microelectronics (UMC) 64.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MCHP, RGTI and UMC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, United Microelectronics (UMC) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.