Microchip Technology Inc. vs PPG Industries, Inc. — how do they compare? Microchip Technology Inc. trades at $83.25 (market cap $43.72B), while PPG Industries, Inc. trades at $115.63 (market cap $25.79B). The key difference: Microchip Technology Inc. is the larger of the two by market cap, and PPG Industries, Inc. pays the higher dividend (2.56%). Which is the better fit depends on your goals.
| MCHP | PPG | |
|---|---|---|
Market Cap | $43.72B | $25.79B |
Sector | Technology | Basic Materials |
52-Week High | $102.97 | $131.56 |
52-Week Low | $49.02 | $94.34 |
Enterprise Value | $49.01B | $31.90B |
Dividend Yield | 2.26% | 2.56% |
Trailing returns across standard periods
Latest headlines on both assets
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 →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →