(MPWR) Monolithic Power Systems - NASDAQ
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 81.177m USD | Total Return: 127.3% in 12m
Avg Turnover: 1.24B
EPS Trend: 93.2%
Qual. Beats: 4
Rev. Trend: 96.5%
Qual. Beats: 4
Warnings
P/E ratio 117.7
Below Avwap Earnings
Tailwinds
Confidence
Monolithic Power Systems (MPWR) specializes in semiconductor-based power electronics, primarily focusing on high-performance DC-to-DC and AC-to-DC power management solutions. Its integrated circuits are critical components in managing voltage conversion and power distribution for complex electronic systems, including AI hardware, cloud-based servers, and automotive infotainment.
The company operates within the analog semiconductor sector, a market characterized by long product lifecycles and high barriers to entry due to the specialized engineering required for power efficiency. MPWR utilizes a fabless business model, outsourcing the physical fabrication of its silicon wafers to third-party foundries while retaining control over proprietary process technologies and design.
The firm serves diverse end markets such as enterprise data centers, telecommunications infrastructure, and industrial automation through a global distribution network. You can further evaluate the companys valuation metrics and competitive positioning on ValueRay. Founded in 1997, the company has expanded its geographical footprint across Asia, Europe, and North America to support international supply chains.
- High-performance AI server demand accelerates data center power management revenue
- Automotive electrification drives increased semiconductor content per vehicle across global markets
- Proprietary BCD process technology maintains competitive cost structure and manufacturing margins
- Geopolitical trade tensions impact semiconductor supply chains and Asian market distribution
- Enterprise cloud infrastructure spending cycles dictate core computing segment revenue growth
| Net Income: 675.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA -2.35 > 1.0 |
| NWC/Revenue: 62.36% < 20% (prev 59.70%; Δ 2.66% < -1%) |
| CFO/TA 0.19 > 3% & CFO 832.1m > Net Income 675.4m |
| Net Debt (-1.32b) to EBITDA (857.2m): -1.54 < 3 |
| Current Ratio: 4.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.2m) vs 12m ago 2.57% < -2% |
| Gross Margin: 55.18% > 18% (prev 55.37%; Δ -0.20% > 0.5%) |
| Asset Turnover: 71.65% > 50% (prev 62.71%; Δ 8.93% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.41 (Total Current Assets 2.33b - Total Current Liabilities 487.0m) / Total Assets 4.45b |
| B: 0.61 (Retained Earnings 2.70b / Total Assets 4.45b) |
| C: 0.19 (EBIT TTM 801.0m / Avg Total Assets 4.13b) |
| D: 4.77 (Book Value of Equity 3.68b / Total Liabilities 771.5m) |
| Altman-Z'' = 11.01 = AAA |
| DSRI: 1.13 (Receivables 302.1m/214.9m, Revenue 2.96b/2.39b) |
| GMI: 1.00 (GM 55.37% / 55.18%) |
| AQI: 0.84 (AQ_t 0.32 / AQ_t-1 0.38) |
| SGI: 1.24 (Revenue 2.96b / 2.39b) |
| TATA: -0.04 (NI 675.4m - CFO 832.1m) / TA 4.45b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of June 19, 2026, the stock is trading at USD 1563.70 with a total of 1,934,610 shares traded.
Over the past week, the price has changed by -1.63%,
over one month by +5.21%,
over three months by +45.71% and
over the past year by +127.28%.
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 | 1797.1 | 14.9% |
P/E Trailing = 117.6845
P/E Forward = 68.4932
P/S = 27.4517
P/B = 22.0745
P/EG = 2.1705
Revenue TTM = 2.96b USD
EBIT TTM = 801.0m USD
EBITDA TTM = 857.2m USD
Long Term Debt = unknown (none)
Short Term Debt = 4.13m USD (from shortTermDebt, last fiscal year)
Debt = 44.1m USD (from shortLongTermDebtTotal, last fiscal year) + Leases 20.0m
Net Debt = -1.32b USD (calculated: Debt 44.1m - CCE 1.37b)
Enterprise Value = 79.9b USD (81.2b + Debt 44.1m - CCE 1.37b)
Interest Coverage Ratio = unknown (Ebit TTM 801.0m / Interest Expense TTM 0.0)
EV/FCF = 127.2x (Enterprise Value 79.9b / FCF TTM 627.5m)
FCF Yield = 0.79% (FCF TTM 627.5m / Enterprise Value 79.9b)
FCF Margin = 21.22% (FCF TTM 627.5m / Revenue TTM 2.96b)
Net Margin = 22.84% (Net Income TTM 675.4m / Revenue TTM 2.96b)
Gross Margin = 55.18% ((Revenue TTM 2.96b - Cost of Revenue TTM 1.33b) / Revenue TTM)
Gross Margin QoQ = 55.34% (prev 55.15%)
Tobins Q-Ratio = 17.95 (Enterprise Value 79.9b / Total Assets 4.45b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 44.1m)
Taxrate = 19.55% (164.1m / 839.5m)
NOPAT = 644.4m (EBIT 801.0m * (1 - 19.55%))
Current Ratio = 4.79 (Total Current Assets 2.33b / Total Current Liabilities 487.0m)
Debt / Equity = 0.01 (Debt 44.1m / totalStockholderEquity, last quarter 3.68b)
Debt / EBITDA = -1.54 (Net Debt -1.32b / EBITDA 857.2m)
Debt / FCF = -2.11 (Net Debt -1.32b / FCF TTM 627.5m)
Total Stockholder Equity = 3.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.36% (Net Income 675.4m / Total Assets 4.45b)
RoE = 19.05% (Net Income TTM 675.4m / Total Stockholder Equity 3.54b)
RoCE = 20.22% (EBIT 801.0m / Capital Employed (Total Assets 4.45b - Current Liab 487.0m))
RoIC = 16.88% (NOPAT 644.4m / Invested Capital 3.82b)
WACC = 13.94% (E(81.2b)/V(81.2b) * Re(13.95%) + D(44.1m)/V(81.2b) * Rd(0.0%) * (1-Tc(0.20)))
Discount Rate = 13.95% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 15.56 | Cagr: 0.33%
[DCF] Terminal Value 58.49% ; FCFF base≈627.0m ; Y1≈630.7m ; Y5≈670.4m
[DCF] Fair Price = 135.7 (EV 5.35b - Net Debt -1.32b = Equity 6.67b / Shares 49.1m; r=13.94% [WACC]; 5y FCF grow 0.20% → 2.50% )
EPS Correlation: 93.18 | EPS CAGR: 20.19% | SUE: 4.0 | # QB: 4
Revenue Correlation: 96.54 | Revenue CAGR: 21.74% | SUE: 4.0 | # QB: 4
EPS current Quarter (2026-06-30): EPS=5.86 | Chg30d=+13.67% | Revisions=+76% | Analysts=15
EPS next Quarter (2026-09-30): EPS=6.41 | Chg30d=+13.88% | Revisions=+79% | Analysts=15
EPS current Year (2026-12-31): EPS=24.02 | Chg30d=+11.64% | Revisions=+79% | GrowthEPS=+35.2% | GrowthRev=+32.6%
EPS next Year (2027-12-31): EPS=30.16 | Chg30d=+16.69% | Revisions=+79% | GrowthEPS=+25.6% | GrowthRev=+22.1%
[Analyst] Revisions Ratio: +79%