If you have been wondering whether Microchip Technology's stock price still offers value, it helps to start with what the recent returns are actually telling you before getting into any detailed models. The stock last closed at US$102.92, with returns of 10.8% over 7 days, 52.5% over 30 days, 58.3% year to date, 115.7% over 1 year, 51.6% over 3 years, and 60.7% over 5 years. Recent headlines have focused on Microchip Technology's role within the broader semiconductor sector and how investors...