Conagra Brands Inc vs Microchip Technology Inc. — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while Microchip Technology Inc. trades at $82.15 (market cap $43.99B). The key difference: Microchip Technology Inc. is far larger — about 6.2× Conagra Brands Inc's market cap, and Conagra Brands Inc pays the higher dividend (8.2%). Which is the better fit depends on your goals.
| CAG | MCHP | |
|---|---|---|
Market Cap | $7.14B | $43.99B |
Sector | Consumer Staples | Technology |
52-Week High | $20.02 | $102.97 |
52-Week Low | $12.58 | $49.02 |
Enterprise Value | $14.20B | $49.12B |
Dividend Yield | 8.2% | 2.25% |
Trailing returns across standard periods
Latest headlines on both assets
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →