Monolithic Power Systems, Inc.

NasdaqGS:MPWR Stock Report

Market Cap: US$59.9b

Monolithic Power Systems Valuation

Is MPWR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of MPWR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: MPWR ($1206.18) is trading above our estimate of future cash flow value ($596.32)

Significantly Below Future Cash Flow Value: MPWR is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for MPWR?

Key metric: As MPWR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MPWR. This is calculated by dividing MPWR's market cap by their current earnings.
What is MPWR's PE Ratio?
PE Ratio95.4x
EarningsUS$615.93m
Market CapUS$59.90b

Price to Earnings Ratio vs Peers

How does MPWR's PE Ratio compare to its peers?

The above table shows the PE ratio for MPWR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.9x
MRVL Marvell Technology
29x10.80%US$70.0b
NXPI NXP Semiconductors
28.5x16.38%US$57.6b
ARM Arm Holdings
165.2x31.94%US$132.3b
FSLR First Solar
17x19.11%US$23.8b
MPWR Monolithic Power Systems
95.4x21.26%US$59.9b

Price-To-Earnings vs Peers: MPWR is expensive based on its Price-To-Earnings Ratio (95.4x) compared to the peer average (59.9x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does MPWR's PE Ratio compare vs other companies in the US Semiconductor Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CHJI China Changjiang Mining & New Energy Company
0.3xn/aUS$19.39k
No more companies available in this PE range
MPWR 95.4xIndustry Avg. 44.2xNo. of Companies6PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MPWR is expensive based on its Price-To-Earnings Ratio (95.4x) compared to the US Semiconductor industry average (44.2x).


Price to Earnings Ratio vs Fair Ratio

What is MPWR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MPWR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio95.4x
Fair PE Ratio42x

Price-To-Earnings vs Fair Ratio: MPWR is expensive based on its Price-To-Earnings Ratio (95.4x) compared to the estimated Fair Price-To-Earnings Ratio (42x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MPWR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1,206.18
US$1,328.29
+10.12%
8.00%US$1,500.00US$1,000.00n/a14
Feb ’27US$1,124.15
US$1,217.50
+8.30%
10.11%US$1,375.00US$920.00n/a14
Jan ’27US$906.36
US$1,196.07
+31.96%
10.15%US$1,375.00US$920.00n/a14
Dec ’26US$928.35
US$1,180.93
+27.21%
9.39%US$1,300.00US$920.00n/a14
Nov ’26US$1,005.00
US$1,180.93
+17.51%
9.39%US$1,300.00US$920.00n/a14
Oct ’26US$915.87
US$867.46
-5.29%
10.01%US$1,050.00US$750.00n/a13
Sep ’26US$835.76
US$843.23
+0.89%
6.56%US$940.00US$750.00n/a13
Aug ’26US$785.62
US$843.23
+7.33%
6.56%US$940.00US$750.00n/a13
Jul ’26US$746.97
US$763.02
+2.15%
9.25%US$899.00US$644.00n/a14
Jun ’26US$661.90
US$754.81
+14.04%
9.84%US$899.00US$644.00n/a14
May ’26US$601.63
US$759.81
+26.29%
13.30%US$925.00US$600.00n/a14
Apr ’26US$581.48
US$817.74
+40.63%
12.24%US$1,100.00US$665.00n/a14
Mar ’26US$611.01
US$835.09
+36.67%
11.53%US$1,100.00US$710.00n/a14
Feb ’26US$637.37
US$784.37
+23.06%
17.63%US$1,100.00US$600.00US$1,124.1514
Jan ’26US$591.70
US$809.73
+36.85%
18.20%US$1,100.00US$600.00US$906.3614
Dec ’25US$567.64
US$827.78
+45.83%
18.08%US$1,100.00US$600.00US$928.3513
Nov ’25US$759.37
US$929.70
+22.43%
10.83%US$1,100.00US$700.00US$1,005.0011
Oct ’25US$891.81
US$955.33
+7.12%
11.72%US$1,100.00US$700.00US$915.8711
Sep ’25US$934.68
US$939.33
+0.50%
10.94%US$1,100.00US$700.00US$835.7611
Aug ’25US$784.95
US$839.22
+6.91%
12.96%US$1,000.00US$600.00US$785.6211
Jul ’25US$819.40
US$788.03
-3.83%
8.90%US$900.00US$600.00US$746.9712
Jun ’25US$735.63
US$768.03
+4.40%
8.10%US$850.00US$600.00US$661.9012
May ’25US$652.59
US$756.18
+15.87%
10.10%US$850.00US$540.00US$601.6311
Apr ’25US$668.48
US$756.42
+13.15%
9.55%US$830.00US$540.00US$581.4812
Mar ’25US$743.75
US$737.08
-0.90%
12.07%US$830.00US$540.00US$611.0112
Feb ’25US$614.13
US$624.42
+1.67%
11.70%US$750.00US$500.00US$637.3712
US$1.33k
Fair Value
9.2% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/09 07:05
End of Day Share Price 2026/02/09 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Monolithic Power Systems, Inc. is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tristan GerraBaird
Brian PiccioniBMO Capital Markets Equity Research
Nicholas AberleBrean Capital (formerly Janney Montgomery)