(MPWR) Monolithic Power Systems - Ratings and Ratios
DC-DC Converters, AC-DC Controllers, Power Management, LED Drivers
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.64% |
| Yield on Cost 5y | 1.92% |
| Yield CAGR 5y | 25.74% |
| Payout Consistency | 85.4% |
| Payout Ratio | 34.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 51.1% |
| Value at Risk 5%th | 75.0% |
| Relative Tail Risk | -10.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.97 |
| Alpha | 31.13 |
| CAGR/Max DD | 0.69 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.353 |
| Beta | 2.235 |
| Beta Downside | 2.079 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.65% |
| Mean DD | 14.04% |
| Median DD | 10.20% |
Description: MPWR Monolithic Power Systems September 29, 2025
Monolithic Power Systems (MPWR) designs and markets DC-to-DC and AC-to-DC power-management ICs that enable voltage conversion and control across a broad set of end-markets-including data-center servers, AI accelerators, storage, notebooks, automotive infotainment, industrial equipment, and communications infrastructure. The firm distributes its products through a mix of third-party distributors, value-added resellers, OEMs, and ODMs, serving customers in North America, Europe, and key Asian manufacturing hubs such as China, Taiwan, South Korea, and Japan. Founded in 1997 and headquartered in Kirkland, Washington, MPWR operates as a pure-play semiconductor company within the GICS “Semiconductors” sub-industry.
Recent performance metrics show MPWR generated approximately $720 million in revenue for Q3 2024, representing a 12% year-over-year increase and a gross margin near 55%, reflecting strong pricing power in high-efficiency power-management solutions. The primary growth catalyst is the accelerating demand for energy-efficient power delivery in AI-focused data-center servers, where power-density constraints drive adoption of MPWR’s integrated solutions. A secondary macro driver is the ongoing shift toward electrified automotive platforms, which is expanding the addressable market for MPWR’s driver MOSFET and lighting-control products, though exposure to China-related supply-chain risks remains a material uncertainty.
If you want a data-driven, granular valuation framework to test these assumptions, you may find ValueRay’s cash-flow model a useful next step.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (1.90b TTM) > 0 and > 6% of Revenue (6% = 159.7m TTM) |
| FCFTA 0.17 (>2.0%) and ΔFCFTA -7.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 62.76% (prev 89.43%; Δ -26.67pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.21 (>3.0%) and CFO 901.0m <= Net Income 1.90b (YES >=105%, WARN >=100%) |
| Net Debt (-1.08b) to EBITDA (750.7m) ratio: -1.44 <= 3.0 (WARN <= 3.5) |
| Current Ratio 4.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (48.0m) change vs 12m ago -1.88% (target <= -2.0% for YES) |
| Gross Margin 55.24% (prev 55.29%; Δ -0.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 75.37% (prev 71.44%; Δ 3.93pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -29.79 (EBITDA TTM 750.7m / Interest Expense TTM -23.6m) >= 6 (WARN >= 3) |
Altman Z'' 11.91
| (A) 0.40 = (Total Current Assets 2.11b - Total Current Liabilities 442.8m) / Total Assets 4.21b |
| (B) 0.64 = Retained Earnings (Balance) 2.71b / Total Assets 4.21b |
| (C) 0.20 = EBIT TTM 702.4m / Avg Total Assets 3.53b |
| (D) 5.59 = Book Value of Equity 3.57b / Total Liabilities 638.4m |
| Total Rating: 11.91 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 79.74
| 1. Piotroski 4.0pt |
| 2. FCF Yield 1.74% |
| 3. FCF Margin 26.50% |
| 4. Debt/Equity 0.00 |
| 5. Debt/Ebitda -1.44 |
| 6. ROIC - WACC (= 3.95)% |
| 7. RoE 56.64% |
| 8. Rev. Trend 90.33% |
| 9. EPS Trend 80.55% |
What is the price of MPWR shares?
Over the past week, the price has changed by +7.90%, over one month by -16.30%, over three months by +6.96% and over the past year by +66.53%.
Is MPWR a buy, sell or hold?
- Strong Buy: 10
- Buy: 2
- Hold: 5
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MPWR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 1180.9 | 27.7% |
| Analysts Target Price | 1180.9 | 27.7% |
| ValueRay Target Price | 1261.9 | 36.4% |
MPWR Fundamental Data Overview November 25, 2025
P/E Trailing = 22.3737
P/E Forward = 40.1606
P/S = 15.7054
P/B = 11.7131
P/EG = 2.0761
Beta = 1.464
Revenue TTM = 2.66b USD
EBIT TTM = 702.4m USD
EBITDA TTM = 750.7m USD
Long Term Debt = 15.1m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.82m USD (from shortTermDebt, last fiscal year)
Debt = 15.8m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.08b USD (from netDebt column, last quarter)
Enterprise Value = 40.54b USD (41.79b + Debt 15.8m - CCE 1.27b)
Interest Coverage Ratio = -29.79 (Ebit TTM 702.4m / Interest Expense TTM -23.6m)
FCF Yield = 1.74% (FCF TTM 705.2m / Enterprise Value 40.54b)
FCF Margin = 26.50% (FCF TTM 705.2m / Revenue TTM 2.66b)
Net Margin = 71.22% (Net Income TTM 1.90b / Revenue TTM 2.66b)
Gross Margin = 55.24% ((Revenue TTM 2.66b - Cost of Revenue TTM 1.19b) / Revenue TTM)
Gross Margin QoQ = 55.11% (prev 55.08%)
Tobins Q-Ratio = 9.64 (Enterprise Value 40.54b / Total Assets 4.21b)
Interest Expense / Debt = 33.54% (Interest Expense 5.30m / Debt 15.8m)
Taxrate = 13.28% (27.3m / 205.6m)
NOPAT = 609.1m (EBIT 702.4m * (1 - 13.28%))
Current Ratio = 4.77 (Total Current Assets 2.11b / Total Current Liabilities 442.8m)
Debt / Equity = 0.00 (Debt 15.8m / totalStockholderEquity, last quarter 3.57b)
Debt / EBITDA = -1.44 (Net Debt -1.08b / EBITDA 750.7m)
Debt / FCF = -1.53 (Net Debt -1.08b / FCF TTM 705.2m)
Total Stockholder Equity = 3.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 45.05% (Net Income 1.90b / Total Assets 4.21b)
RoE = 56.64% (Net Income TTM 1.90b / Total Stockholder Equity 3.35b)
RoCE = 20.90% (EBIT 702.4m / Capital Employed (Equity 3.35b + L.T.Debt 15.1m))
RoIC = 18.21% (NOPAT 609.1m / Invested Capital 3.35b)
WACC = 14.26% (E(41.79b)/V(41.81b) * Re(14.25%) + D(15.8m)/V(41.81b) * Rd(33.54%) * (1-Tc(0.13)))
Discount Rate = 14.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.86%
[DCF Debug] Terminal Value 63.01% ; FCFE base≈694.7m ; Y1≈825.4m ; Y5≈1.29b
Fair Price DCF = 201.3 (DCF Value 9.64b / Shares Outstanding 47.9m; 5y FCF grow 20.07% → 3.0% )
EPS Correlation: 80.55 | EPS CAGR: 23.86% | SUE: 2.35 | # QB: 2
Revenue Correlation: 90.33 | Revenue CAGR: 23.26% | SUE: 2.24 | # QB: 2
Additional Sources for MPWR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle