Microsemi Corp.

Microsemi Corp.

MSCC
Microsemi Corp.US flagNASDAQ
68.74
USD
- -
- -
2005 Y
2006 Y
2007 Y
2008 Y
2009 Y
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
TTM
Revenue per Share
4.83
5.38
5.97
6.65
5.71
6.41
9.96
11.8
10.9
12.25
13.22
15.47
15.77
16.31
Basic EPS, GAAP
0.47
0.52
0.13
0.64
-0.34
0.73
0.65
-0.35
0.49
0.25
0.9
-0.3
1.53
1.51
Free Cash Flow per Basic Share
0.55
0.53
0.05
0.86
1.19
1.13
1.35
1.42
1.43
1.8
2.39
2.11
3.66
3.5
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.48
1.87
1.89
2.45
2.05
2.75
3.31
2.91
3.29
3.42
4.27
3.49
4.79
5.26
Tangible Book Value per Share
4
5.17
4.55
5.47
5.02
4.99
1.41
-3.06
-0.82
-1.31
-3.08
-15.74
-10.93
-9.91
Basic Weighted Avg Shares
62
69
74
77
79
81
84
86
90
93
94
107
115
116
Sales/Revenue/Turnover
297
370
442
514
453
518
836
1,012
976
1,138
1,246
1,655
1,812
1,894
Operating Margin (%)
15.1
20.39
9.77
13
2.36
11.19
9.22
7.34
10.18
6.56
11.46
8.81
16.29
14.89
Depreciation Expense
12
17
27
29
33
20
62
105
85
93
96
161
192
206
Net Income, GAAP
29
36
10
50
-27
59
54
-30
44
23
85
-33
176
176
Effective Tax Rate (%)
31.8
43.01
61.24
25.3
- -
- -
- -
- -
22.1
3.35
12.69
- -
- -
55.91
Profit Margin (%)
9.82
9.63
2.22
9.66
-5.92
11.39
6.51
-2.93
4.48
2.03
6.79
-1.97
9.73
9.28
Working Capital
180
294
268
351
354
353
424
403
489
457
535
415
348
478
LT Debt
- -
3
3
- -
34
35
357
776
676
698
954
2,138
1,736
1,800
Total Equity
255
453
569
673
676
766
891
927
1,032
1,116
1,207
1,729
1,994
2,086
Return on Invested Capital (%)
13.9
12.1
3.26
8.01
- -
- -
- -
- -
4.54
4.12
6.29
- -
- -
- -
Return on Capital (%)
37.85
31.82
7.13
29.82
- -
- -
- -
- -
6.97
2.33
7.04
- -
- -
7.09
Return on Common Equity (%)
38.2
32.39
7.31
30.17
-15.22
30.64
21.78
-11.26
16.07
7.55
23.5
-8.41
38.18
33.66

Capital Structure

FRC

in mil. unless spec.
Sep'17
Dec'18
Mar'18
ST Debt
61
71
81
LT Borrowings
1,736
1,839
1,800
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
116
118
118
Market Capitalization
5,907
5,964
7,517

Working Capital

FRC

in mil. unless spec.
Sep'17
Dec'18
Mar'18
Total Current Assets
727
789
853
Cash, Cash Equivalents & STI
145
167
223
Accounts Receivable, Net
268
276
292
Inventories
239
271
266
Total Current Liabilities
379
334
375
Payables & Accruals
318
263
294
ST Debt
61
71
81
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.85%
17.24%
15.35%
Free Cash Flow
185.34%
31.29%
86.01%
Net Income, GAAP
-103.81%
-161.48%
-640.8%
Sales/Revenue/Turnover
16.6%
12.96%
9.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
329
444
431
450
1,655
2017
436
443
458
475
1,812
2018
469
492
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
0.25
-1.93
1.03
0.44
-0.3
2017
0.17
0.36
0.12
0.88
1.53
2018
0.41
0.1
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
- -
- -
- -
- -
- -
2017
- -
- -
- -
- -
- -
2018
- -
- -
- -
- -
- -

Company Description

APIChat
Sector
Technology
Industry
Semiconductors
Address
IPO Date
Mar 27, 1981
Business
Microsemi Corporation (Nasdaq: MSCC), a provider of semiconductor and system solutions for aerospace and defense, communications, data center, and industrial markets, was acquired by Microchip Technology Incorporated in May 2018 and operates as a subsidiary, with Microchip continuing to offer Microsemi's product portfolio. The company designs, manufactures, and markets high-performance, radiation-hardened analog mixed-signal integrated circuits; field programmable gate arrays (FPGAs) and system-on-chip (SoC) solutions including flash-based FPGAs from 5K to 150KLUTs, space-grade FPGAs, and PolarFire mid-range FPGAs; power management products such as switching and linear voltage regulators, electronic fuses, and space-grade power supplies; timing and synchronization devices including atomic clocks, time servers, precision time protocol grandmasters, and frequency synthesizers; voice processing devices and SLICs; RF solutions comprising transceivers, MMICs, PIN diodes, and gallium nitride transistors; discrete components and power discretes like SiC diodes, MOSFETs, IGBTs, BJTs, diodes, and JFETs; Ethernet solutions and Power-over-Ethernet (PoE) ICs, midspans, injectors, and switches; storage solutions including RAID controllers, SAS/SATA host adapters, NVMe controllers, PCIe switches, and expanders; optical networking products such as OTN processors and line drivers; security technologies and scalable anti-tamper products; as well as custom design capabilities and services. Founded in 1959 and formerly headquartered in Aliso Viejo, California, Microsemi conducted operations across North America, Europe, Asia including China, Malaysia, Philippines, and India, and other regions, serving customers in automotive, medical, enterprise storage, hyperscale data centers, radar, missile, satellite, and implantable medical device applications. Microsemi's most significant recent development remains its $10.15 billion acquisition by Microchip Technology in May 2018, which expanded Microchip's presence in aerospace, defense, communications, and data center markets, added complementary analog mixed-signal products, and is projected to yield $300 million in annual synergies; post-acquisition, Microchip has integrated Microsemi's offerings, relocated facilities such as a new office in Bengaluru, India in 2025, and advanced related technologies like Switchtec PCIe switches, RISC-V processors, and atomic clock expansions amid ongoing inventory optimization and market recovery efforts.