(MPWR) Monolithic Power Systems - Ratings and Ratios
DC-DC Converters, AC-DC Controllers, Power Management, LED Drivers
MPWR EPS (Earnings per Share)
MPWR Revenue
Description: MPWR Monolithic Power Systems
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.
MPWR Stock Overview
| Market Cap in USD | 43,315m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 2004-11-19 |
MPWR Stock Ratings
| Growth Rating | 79.2% |
| Fundamental | 76.2% |
| Dividend Rating | 63.7% |
| Return 12m vs S&P 500 | 0.91% |
| Analyst Rating | 4.29 of 5 |
MPWR Dividends
| Dividend Yield 12m | 0.58% |
| Yield on Cost 5y | 1.91% |
| Annual Growth 5y | 25.74% |
| Payout Consistency | 85.4% |
| Payout Ratio | 36.2% |
MPWR Growth Ratios
| Growth Correlation 3m | 93.3% |
| Growth Correlation 12m | 59.8% |
| Growth Correlation 5y | 84.5% |
| CAGR 5y | 45.97% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.89 |
| CAGR/Mean DD 3y (Pain Ratio) | 3.32 |
| Sharpe Ratio 12m | -0.05 |
| Alpha | -7.09 |
| Beta | 1.275 |
| Volatility | 54.27% |
| Current Volume | 255.1k |
| Average Volume 20d | 442.6k |
| Stop Loss | 984.8 (-4.3%) |
| Signal | 0.72 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (1.86b TTM) > 0 and > 6% of Revenue (6% = 152.6m TTM) |
| FCFTA 0.18 (>2.0%) and ΔFCFTA -6.05pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 60.35% (prev 89.87%; Δ -29.52pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.22 (>3.0%) and CFO 893.4m <= Net Income 1.86b (YES >=105%, WARN >=100%) |
| Net Debt (-771.4m) to EBITDA (704.9m) ratio: -1.09 <= 3.0 (WARN <= 3.5) |
| Current Ratio 5.00 (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 -1.91% (target <= -2.0% for YES) |
| Gross Margin 55.31% (prev 55.31%; Δ 0.00pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 76.85% (prev 71.53%; Δ 5.32pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -19.52 (EBITDA TTM 704.9m / Interest Expense TTM -33.9m) >= 6 (WARN >= 3) |
Altman Z'' 12.28
| (A) 0.39 = (Total Current Assets 1.92b - Total Current Liabilities 383.5m) / Total Assets 3.97b |
| (B) 0.66 = Retained Earnings (Balance) 2.60b / Total Assets 3.97b |
| (C) 0.20 = EBIT TTM 660.9m / Avg Total Assets 3.31b |
| (D) 5.97 = Book Value of Equity 3.40b / Total Liabilities 570.1m |
| Total Rating: 12.28 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 76.19
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield 1.67% = 0.83 |
| 3. FCF Margin 27.69% = 6.92 |
| 4. Debt/Equity 0.00 = 2.50 |
| 5. Debt/Ebitda -1.09 = 2.50 |
| 6. ROIC - WACC (= 5.70)% = 7.13 |
| 7. RoE 61.19% = 2.50 |
| 8. Rev. Trend 82.70% = 6.20 |
| 9. EPS Trend -27.95% = -1.40 |
What is the price of MPWR shares?
Over the past week, the price has changed by +6.24%, over one month by +11.67%, over three months by +42.18% and over the past year by +17.47%.
Is Monolithic Power Systems a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MPWR is around 1209.78 USD . This means that MPWR is currently undervalued and has a potential upside of +17.61% (Margin of Safety).
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 | 908.6 | -11.7% |
| Analysts Target Price | 908.6 | -11.7% |
| ValueRay Target Price | 1375.8 | 33.7% |
Last update: 2025-10-13 02:02
MPWR Fundamental Data Overview
P/E Trailing = 23.6393
P/E Forward = 42.5532
P/S = 17.0271
P/B = 13.0991
P/EG = 2.0761
Beta = 1.275
Revenue TTM = 2.54b USD
EBIT TTM = 660.9m USD
EBITDA TTM = 704.9m USD
Long Term Debt = 15.9m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.82m USD (from shortTermDebt, last fiscal year)
Debt = 15.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -771.4m USD (from netDebt column, last quarter)
Enterprise Value = 42.19b USD (43.32b + Debt 15.9m - CCE 1.15b)
Interest Coverage Ratio = -19.52 (Ebit TTM 660.9m / Interest Expense TTM -33.9m)
FCF Yield = 1.67% (FCF TTM 704.3m / Enterprise Value 42.19b)
FCF Margin = 27.69% (FCF TTM 704.3m / Revenue TTM 2.54b)
Net Margin = 73.17% (Net Income TTM 1.86b / Revenue TTM 2.54b)
Gross Margin = 55.31% ((Revenue TTM 2.54b - Cost of Revenue TTM 1.14b) / Revenue TTM)
Gross Margin QoQ = 55.08% (prev 55.40%)
Tobins Q-Ratio = 10.62 (Enterprise Value 42.19b / Total Assets 3.97b)
Interest Expense / Debt = 33.24% (Interest Expense 5.30m / Debt 15.9m)
Taxrate = 24.44% (43.3m / 177.0m)
NOPAT = 499.3m (EBIT 660.9m * (1 - 24.44%))
Current Ratio = 5.00 (Total Current Assets 1.92b / Total Current Liabilities 383.5m)
Debt / Equity = 0.00 (Debt 15.9m / totalStockholderEquity, last quarter 3.40b)
Debt / EBITDA = -1.09 (Net Debt -771.4m / EBITDA 704.9m)
Debt / FCF = -1.10 (Net Debt -771.4m / FCF TTM 704.3m)
Total Stockholder Equity = 3.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 46.86% (Net Income 1.86b / Total Assets 3.97b)
RoE = 61.19% (Net Income TTM 1.86b / Total Stockholder Equity 3.04b)
RoCE = 21.61% (EBIT 660.9m / Capital Employed (Equity 3.04b + L.T.Debt 15.9m))
RoIC = 16.42% (NOPAT 499.3m / Invested Capital 3.04b)
WACC = 10.72% (E(43.32b)/V(43.33b) * Re(10.71%) + D(15.9m)/V(43.33b) * Rd(33.24%) * (1-Tc(0.24)))
Discount Rate = 10.71% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.89%
[DCF Debug] Terminal Value 72.59% ; FCFE base≈674.5m ; Y1≈801.5m ; Y5≈1.25b
Fair Price DCF = 289.8 (DCF Value 13.88b / Shares Outstanding 47.9m; 5y FCF grow 20.07% → 3.0% )
EPS Correlation: -27.95 | EPS CAGR: -58.38% | SUE: -4.0 | # QB: 0
Revenue Correlation: 82.70 | Revenue CAGR: 11.27% | SUE: 2.01 | # QB: 1
Additional Sources for MPWR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle