MPWR Stock Analysis: Monolithic Power Systems | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 68.899m USD | 12M Return: 67.7% | US6098391054 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.07B
EPS Trend: 97.4%
Qual. Beats: 5
Rev. Trend: 98.5%
Qual. Beats: 5
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Monolithic Power Systems, Inc. (MPWR) is a U.S.-based semiconductor company that designs and supplies power electronics solutions for a broad range of end markets, including storage and computing, enterprise data, automotive, communications, consumer, and industrial applications. Founded in 1997 and headquartered in West Palm Beach, Florida, the company sells its products globally, with a notable presence across China, Taiwan, South Korea, Southeast Asia, Europe, Japan, and the United States, reaching customers primarily through third-party distributors and value-added resellers.
The companys product portfolio centers on power management technologies, including DC-to-DC and AC-to-DC converters, MOSFET drivers, power management integrated circuits (ICs), and current limit switches and lighting control products. These components are used in applications such as cloud-based and on-premises CPU servers, AI systems, memory and storage, notebooks, infotainment, home appliances, network infrastructure, and satellite communications. As a fabless analog semiconductor specialist, MPWR focuses on chip design and relies on third-party foundries for wafer fabrication, a widely adopted operating model in the analog and power semiconductor segment that helps limit capital expenditure while supporting scalable, high-margin product development.
- AI server demand drives DC-DC power IC revenue growth
- Automotive electrification expands power management IC market share
- China revenue concentration exposes MPWR to geopolitical tariff risk
| Net Income: 798.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA -5.24 > 1.0 |
| NWC/Revenue: 60.48% < 20% (prev 60.35%; Δ 0.13% < -1%) |
| CFO/TA 0.18 > 3% & CFO 822.3m > Net Income 798.9m |
| Net Debt (-1.37b) to EBITDA (1.01b): -1.35 < 3 |
| Current Ratio: 4.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.3m) vs 12m ago 2.58% < -2% |
| Gross Margin: 55.20% > 18% (prev 55.31%; Δ -0.12% > 0.5%) |
| Asset Turnover: 75.61% > 50% (prev 64.04%; Δ 11.56% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.42 (Total Current Assets 2.48b - Total Current Liabilities 497.9m) / Total Assets 4.69b |
| B: 0.61 (Retained Earnings 2.86b / Total Assets 4.69b) |
| C: 0.23 (EBIT TTM 984.3m / Avg Total Assets 4.33b) |
| D: 4.93 (Book Value of Equity 3.90b / Total Liabilities 790.8m) |
| Altman-Z'' = 11.46 = AAA |
| DSRI: 1.37 (Receivables 343.6m/194.8m, Revenue 3.27b/2.54b) |
| GMI: 1.00 (GM 55.31% / 55.20%) |
| AQI: 0.84 (AQ_t 0.31 / AQ_t-1 0.37) |
| SGI: 1.29 (Revenue 3.27b / 2.54b) |
| TATA: -0.00 (NI 798.9m - CFO 822.3m) / TA 4.69b) |
| Beneish M = -2.61 (Cap -4..+1) = A |
As of August 18, 2026, the stock is trading at USD 1415.99 with a total of 446,504 shares traded. Over the past week, the price has changed by +2.53%, over one month by +7.93%, over three months by -4.59% and over the past year by +67.69%.
Current recommended Stop Loss: 1185.30 (which is 16.3% or 2.8 ATR below the current price).
Monolithic Power Systems has received a consensus analysts rating of 4.29. Therefore, it is recommended to buy MPWR.
- StrongBuy: 10
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1829.5 | 29.2% |
P/E Trailing = 85.4884
P/E Forward = 52.6316
P/S = 21.0497
P/B = 17.6872
P/EG = 1.4045
Revenue TTM = 3.27b USD
EBIT TTM = 984.3m USD
EBITDA TTM = 1.01b USD
Long Term Debt = unknown (none)
Short Term Debt = 4.13m USD (from shortTermDebt, last fiscal year)
Debt = 43.0m USD (from shortLongTermDebtTotal, last fiscal year) + Leases 18.9m
Net Debt = -1.37b USD (calculated: Debt 43.0m - CCE 1.41b)
Enterprise Value = 67.5b USD (68.9b + Debt 43.0m - CCE 1.41b)
Interest Coverage Ratio = unknown (Ebit TTM 984.3m / Interest Expense TTM 0.0)
EV/FCF = 115.3x (Enterprise Value 67.5b / FCF TTM 585.5m)
FCF Yield = 0.87% (FCF TTM 585.5m / Enterprise Value 67.5b)
FCF Margin = 17.89% (FCF TTM 585.5m / Revenue TTM 3.27b)
Net Margin = 24.41% (Net Income TTM 798.9m / Revenue TTM 3.27b)
Gross Margin = 55.20% ((Revenue TTM 3.27b - Cost of Revenue TTM 1.47b) / Revenue TTM)
Gross Margin QoQ = 55.18% (prev 55.34%)
Tobins Q-Ratio = 14.41 (Enterprise Value 67.5b / Total Assets 4.69b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 43.0m)
Taxrate = 18.83% (185.3m / 984.3m)
NOPAT = 798.9m (EBIT 984.3m * (1 - 18.83%))
Current Ratio = 4.98 (Total Current Assets 2.48b / Total Current Liabilities 497.9m)
Debt / Equity = 0.01 (Debt 43.0m / totalStockholderEquity, last quarter 3.90b)
Debt / EBITDA = -1.35 (Net Debt -1.37b / EBITDA 1.01b)
Debt / FCF = -2.34 (Net Debt -1.37b / FCF TTM 585.5m)
Total Stockholder Equity = 3.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.45% (Net Income 798.9m / Total Assets 4.69b)
RoE = 21.78% (Net Income TTM 798.9m / Total Stockholder Equity 3.67b)
RoCE = 23.50% (EBIT 984.3m / Capital Employed (Total Assets 4.69b - Current Liab 497.9m))
RoIC = 19.83% (NOPAT 798.9m / Invested Capital 4.03b)
WACC = 13.42% (E(68.9b)/V(68.9b) * Re(13.43%) + D(43.0m)/V(68.9b) * Rd(0.0%) * (1-Tc(0.19)))
Discount Rate = 13.43% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 16.34 | Cagr: 0.29%
[DCF] Terminal Value 56.70% ; FCFF base≈633.0m ; Y1≈555.1m ; Y5≈448.5m
[DCF] Fair Price = 108.4 (EV 3.96b - Net Debt -1.37b = Equity 5.33b / Shares 49.1m; r=13.42% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 97.43 | EPS CAGR: 23.98% | SUE: 4.0 | # QB: 5
Revenue Correlation: 98.48 | Revenue CAGR: 25.39% | SUE: 4.0 | # QB: 5
EPS current Quarter (2026-09-30): EPS=7.70 | Chg30d=+20.04% | Revisions=+80% | Analysts=13
EPS current Year (2026-12-31): EPS=27.39 | Chg30d=+13.94% | Revisions=+80% | GrowthEPS=+54.1% | GrowthRev=+47.5%
EPS next Year (2027-12-31): EPS=34.80 | Chg30d=+14.71% | Revisions=+67% | GrowthEPS=+27.0% | GrowthRev=+25.8%
[Analyst] Revisions Ratio: +87% (up=35, down=1)