MPWR Stock Analysis: Monolithic Power Systems | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 66.637m USD | 12M Return: 55.8% | US6098391054 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 845M
EPS Trend: 97.4%
Qual. Beats: 5
Rev. Trend: 98.5%
Qual. Beats: 5
Warnings
Tailwinds
Seasonality 11.7 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 (NASDAQ: MPWR) is a U.S.-based semiconductor company founded in 1997 and headquartered in West Palm Beach, Florida. It designs and sells power electronics solutions-primarily DC-to-DC converters-used to regulate voltage across a broad range of electronic systems, from servers and AI hardware to consumer devices, vehicles, and industrial equipment. Its products also include AC-to-DC converters, power management ICs, and lighting control components, sold through third-party distributors and value-added resellers across storage and computing, enterprise data, automotive, communications, consumer, and industrial end markets.
As a fabless semiconductor firm, MPWR outsources manufacturing and focuses on design and development-a common model in the chip industry that preserves capital but ties the company to foundry capacity. Its heavy exposure to cloud and AI infrastructure ties demand closely to data-center buildouts, while diversification into automotive and industrial provides some offset against cyclicality in consumer electronics.
- AI server demand accelerates DC-DC power solution revenue growth
- Automotive electrification drives power management IC market share gains
- China revenue concentration exposes stock to trade and tariff risks
| 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 October 05, 2026, the stock is trading at USD 1439.73 with a total of 690,356 shares traded. Over the past week, the price has changed by +5.44%, over one month by +18.25%, over three months by +11.93% and over the past year by +55.76%.
Current recommended Stop Loss: 1373.50 (which is 4.6% or 1.3 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 | 1839.8 | 27.8% |
P/E Trailing = 82.6319
P/E Forward = 38.7597
P/S = 20.3588
P/B = 17.4173
P/EG = 1.0364
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 = 65.3b USD (66.6b + Debt 43.0m - CCE 1.41b)
Interest Coverage Ratio = unknown (Ebit TTM 984.3m / Interest Expense TTM 0.0)
EV/FCF = 111.5x (Enterprise Value 65.3b / FCF TTM 585.5m)
FCF Yield = 0.90% (FCF TTM 585.5m / Enterprise Value 65.3b)
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 = 13.93 (Enterprise Value 65.3b / 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 = 13.74% (E(66.6b)/V(66.7b) * Re(13.75%) + D(43.0m)/V(66.7b) * Rd(0.0%) * (1-Tc(0.19)))
Discount Rate = 13.75% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 16.34 | Cagr: 0.29%
[DCF] Terminal Value 55.82% ; FCFF base≈633.0m ; Y1≈555.1m ; Y5≈448.5m
[DCF] Fair Price = 106.2 (EV 3.85b - Net Debt -1.37b = Equity 5.22b / Shares 49.1m; r=13.74% [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=-0.02% | Revisions=+80% | Analysts=14
EPS current Year (2026-12-31): EPS=27.43 | Chg30d=+0.16% | Revisions=+80% | GrowthEPS=+54.4% | GrowthRev=+47.8%
EPS next Year (2027-12-31): EPS=34.87 | Chg30d=+0.22% | Revisions=+67% | GrowthEPS=+27.1% | GrowthRev=+28.1%
[Analyst] Revisions Ratio: +87% (up=35, down=1)