MONOLITHIC POWER SYSTEMS INC (MPWR) Fundamental Analysis & Valuation

NASDAQ:MPWR • US6098391054

1078.44 USD
-20.58 (-1.87%)
At close: Mar 5, 2026
1099.02 USD
+20.58 (+1.91%)
After Hours: 3/5/2026, 10:11:19 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MPWR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

7

MPWR gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 115 industry peers in the Semiconductors & Semiconductor Equipment industry. MPWR gets an excellent profitability rating and is at the same time showing great financial health properties. MPWR is valued quite expensively, but it does show have an excellent growth rating. With these ratings, MPWR could be worth investigating further for growth and quality investing!.


Dividend Valuation Growth Profitability Health

8

1. MPWR Profitability Analysis

1.1 Basic Checks

  • MPWR had positive earnings in the past year.
  • In the past year MPWR had a positive cash flow from operations.
  • Each year in the past 5 years MPWR has been profitable.
  • MPWR had a positive operating cash flow in 4 of the past 5 years.
MPWR Yearly Net Income VS EBIT VS OCF VS FCFMPWR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • MPWR's Return On Assets of 45.05% is amongst the best of the industry. MPWR outperforms 99.13% of its industry peers.
  • The Return On Equity of MPWR (53.12%) is better than 95.65% of its industry peers.
  • With an excellent Return On Invested Capital value of 14.78%, MPWR belongs to the best of the industry, outperforming 88.70% of the companies in the same industry.
Industry RankSector Rank
ROA 45.05%
ROE 53.12%
ROIC 14.78%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MPWR Yearly ROA, ROE, ROICMPWR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

1.3 Margins

  • MPWR has a better Profit Margin (71.22%) than 99.13% of its industry peers.
  • In the last couple of years the Profit Margin of MPWR has grown nicely.
  • MPWR has a better Operating Margin (26.01%) than 85.22% of its industry peers.
  • In the last couple of years the Operating Margin of MPWR has grown nicely.
  • MPWR has a Gross Margin of 55.24%. This is in the better half of the industry: MPWR outperforms 74.78% of its industry peers.
  • In the last couple of years the Gross Margin of MPWR has remained more or less at the same level.
Industry RankSector Rank
OM 26.01%
PM (TTM) 71.22%
GM 55.24%
OM growth 3Y-4.32%
OM growth 5Y5.75%
PM growth 3Y-3.28%
PM growth 5Y2.54%
GM growth 3Y-1.9%
GM growth 5Y0%
MPWR Yearly Profit, Operating, Gross MarginsMPWR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. MPWR Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MPWR is still creating some value.
  • There is no outstanding debt for MPWR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
MPWR Yearly Shares OutstandingMPWR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
MPWR Yearly Total Debt VS Total AssetsMPWR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • MPWR has an Altman-Z score of 52.86. This indicates that MPWR is financially healthy and has little risk of bankruptcy at the moment.
  • MPWR's Altman-Z score of 52.86 is amongst the best of the industry. MPWR outperforms 94.78% of its industry peers.
  • MPWR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 52.86
ROIC/WACC1.33
WACC11.13%
MPWR Yearly LT Debt VS Equity VS FCFMPWR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 4.77 indicates that MPWR has no problem at all paying its short term obligations.
  • The Current ratio of MPWR (4.77) is better than 71.30% of its industry peers.
  • MPWR has a Quick Ratio of 3.63. This indicates that MPWR is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Quick ratio value of 3.63, MPWR is doing good in the industry, outperforming 69.57% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.77
Quick Ratio 3.63
MPWR Yearly Current Assets VS Current LiabilitesMPWR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. MPWR Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 25.76% over the past year.
  • MPWR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.71% yearly.
  • The Revenue has grown by 26.43% in the past year. This is a very strong growth!
  • The Revenue has been growing by 27.00% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)25.76%
EPS 3Y12.74%
EPS 5Y28.71%
EPS Q2Q%17.11%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y15.86%
Revenue growth 5Y27%
Sales Q2Q%20.83%

3.2 Future

  • The Earnings Per Share is expected to grow by 21.55% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 19.00% on average over the next years. This is quite good.
EPS Next Y19.16%
EPS Next 2Y18.87%
EPS Next 3Y17.57%
EPS Next 5Y21.55%
Revenue Next Year21.35%
Revenue Next 2Y19.81%
Revenue Next 3Y18.43%
Revenue Next 5Y19%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
MPWR Yearly Revenue VS EstimatesMPWR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B
MPWR Yearly EPS VS EstimatesMPWR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20 40 60

More info and screens

Find the best growth stocksShow best growing peers

2

4. MPWR Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 60.69 indicates a quite expensive valuation of MPWR.
  • MPWR's Price/Earnings ratio is in line with the industry average.
  • MPWR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.74.
  • Based on the Price/Forward Earnings ratio of 50.93, the valuation of MPWR can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as MPWR.
  • MPWR is valuated expensively when we compare the Price/Forward Earnings ratio to 24.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 60.69
Fwd PE 50.93
MPWR Price Earnings VS Forward Price EarningsMPWR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as MPWR.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MPWR is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 74.76
EV/EBITDA 70.34
MPWR Per share dataMPWR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MPWR does not grow enough to justify the current Price/Earnings ratio.
  • MPWR has an outstanding profitability rating, which may justify a higher PE ratio.
  • MPWR's earnings are expected to grow with 17.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.17
PEG (5Y)2.11
EPS Next 2Y18.87%
EPS Next 3Y17.57%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. MPWR Dividend Analysis

5.1 Amount

  • MPWR has a yearly dividend return of 0.68%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.47, MPWR pays a better dividend. On top of this MPWR pays more dividend than 81.74% of the companies listed in the same industry.
  • With a Dividend Yield of 0.68, MPWR pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.68%

5.2 History

  • On average, the dividend of MPWR grows each year by 26.28%, which is quite nice.
  • MPWR has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MPWR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)26.28%
Div Incr Years7
Div Non Decr Years10
MPWR Yearly Dividends per shareMPWR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • MPWR pays out 14.34% of its income as dividend. This is a sustainable payout ratio.
  • MPWR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.34%
EPS Next 2Y18.87%
EPS Next 3Y17.57%
MPWR Yearly Income VS Free CF VS DividendMPWR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
MPWR Dividend Payout.MPWR Dividend Payout, showing the Payout Ratio.MPWR Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MPWR Fundamentals: All Metrics, Ratios and Statistics

MONOLITHIC POWER SYSTEMS INC

NASDAQ:MPWR (3/5/2026, 10:11:19 PM)

After market: 1099.02 +20.58 (+1.91%)

1078.44

-20.58 (-1.87%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners101.59%
Inst Owner Change3.39%
Ins Owners3.53%
Ins Owner Change17.97%
Market Cap52.53B
Revenue(TTM)2.79B
Net Income(TTM)1.90B
Analysts82.31
Price Target1339.62 (24.22%)
Short Float %4.51%
Short Ratio3.02
Dividend
Industry RankSector Rank
Dividend Yield 0.68%
Yearly Dividend5.02
Dividend Growth(5Y)26.28%
DP14.34%
Div Incr Years7
Div Non Decr Years10
Ex-Date03-31
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.15%
Min EPS beat(2)0%
Max EPS beat(2)0.31%
EPS beat(4)2
Avg EPS beat(4)-0.05%
Min EPS beat(4)-1.34%
Max EPS beat(4)0.84%
EPS beat(8)5
Avg EPS beat(8)0.53%
EPS beat(12)5
Avg EPS beat(12)-0.04%
EPS beat(16)8
Avg EPS beat(16)1.49%
Revenue beat(2)2
Avg Revenue beat(2)0.09%
Min Revenue beat(2)0.06%
Max Revenue beat(2)0.12%
Revenue beat(4)3
Avg Revenue beat(4)-0.26%
Min Revenue beat(4)-1.46%
Max Revenue beat(4)0.23%
Revenue beat(8)6
Avg Revenue beat(8)0.08%
Revenue beat(12)6
Avg Revenue beat(12)-0.55%
Revenue beat(16)9
Avg Revenue beat(16)0.16%
PT rev (1m)9.77%
PT rev (3m)11.18%
EPS NQ rev (1m)0.01%
EPS NQ rev (3m)-0.19%
EPS NY rev (1m)0%
EPS NY rev (3m)0.22%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)3.74%
Revenue NY rev (3m)3.96%
Valuation
Industry RankSector Rank
PE 60.69
Fwd PE 50.93
P/S 19.74
P/FCF 74.76
P/OCF 58.3
P/B 14.72
P/tB 14.87
EV/EBITDA 70.34
EPS(TTM)17.77
EY1.65%
EPS(NY)21.17
Fwd EY1.96%
FCF(TTM)14.43
FCFY1.34%
OCF(TTM)18.5
OCFY1.72%
SpS54.63
BVpS73.25
TBVpS72.53
PEG (NY)3.17
PEG (5Y)2.11
Graham Number171.13
Profitability
Industry RankSector Rank
ROA 45.05%
ROE 53.12%
ROCE 18.39%
ROIC 14.78%
ROICexc 22.3%
ROICexgc 22.62%
OM 26.01%
PM (TTM) 71.22%
GM 55.24%
FCFM 26.41%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-4.32%
OM growth 5Y5.75%
PM growth 3Y-3.28%
PM growth 5Y2.54%
GM growth 3Y-1.9%
GM growth 5Y0%
F-Score6
Asset Turnover0.63
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 410.51%
Cap/Sales 7.45%
Interest Coverage 250
Cash Conversion 121.7%
Profit Quality 37.08%
Current Ratio 4.77
Quick Ratio 3.63
Altman-Z 52.86
F-Score6
WACC11.13%
ROIC/WACC1.33
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.76%
EPS 3Y12.74%
EPS 5Y28.71%
EPS Q2Q%17.11%
EPS Next Y19.16%
EPS Next 2Y18.87%
EPS Next 3Y17.57%
EPS Next 5Y21.55%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y15.86%
Revenue growth 5Y27%
Sales Q2Q%20.83%
Revenue Next Year21.35%
Revenue Next 2Y19.81%
Revenue Next 3Y18.43%
Revenue Next 5Y19%
EBIT growth 1Y42.38%
EBIT growth 3Y10.86%
EBIT growth 5Y34.31%
EBIT Next Year32.22%
EBIT Next 3Y23.17%
EBIT Next 5Y22.36%
FCF growth 1Y11.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y16.4%
OCF growth 3YN/A
OCF growth 5YN/A

MONOLITHIC POWER SYSTEMS INC / MPWR FAQ

Can you provide the ChartMill fundamental rating for MONOLITHIC POWER SYSTEMS INC?

ChartMill assigns a fundamental rating of 7 / 10 to MPWR.


What is the valuation status for MPWR stock?

ChartMill assigns a valuation rating of 2 / 10 to MONOLITHIC POWER SYSTEMS INC (MPWR). This can be considered as Overvalued.


What is the profitability of MPWR stock?

MONOLITHIC POWER SYSTEMS INC (MPWR) has a profitability rating of 8 / 10.


What is the financial health of MONOLITHIC POWER SYSTEMS INC (MPWR) stock?

The financial health rating of MONOLITHIC POWER SYSTEMS INC (MPWR) is 8 / 10.


Can you provide the dividend sustainability for MPWR stock?

The dividend rating of MONOLITHIC POWER SYSTEMS INC (MPWR) is 6 / 10 and the dividend payout ratio is 14.34%.