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MPWR

Monolithic Power Systems NasdaqGS:MPWR Stock Report

Last Price

US$363.40

Market Cap

US$17.0b

7D

-2.1%

1Y

-24.8%

Updated

30 Sep, 2022

Data

Company Financials +
MPWR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends0/6

MPWR Stock Overview

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets.

Monolithic Power Systems Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Monolithic Power Systems
Historical stock prices
Current Share PriceUS$363.40
52 Week HighUS$580.00
52 Week LowUS$348.02
Beta1.11
1 Month Change-19.81%
3 Month Change-0.43%
1 Year Change-24.77%
3 Year Change137.63%
5 Year Change234.53%
Change since IPO3,593.09%

Recent News & Updates

Sep 29

Monolithic Power Systems Has To Rebound Or There Is More Trouble Ahead

Summary The stock is likely due for a bounce, having reached a level where it has been able to find support all year long. A possible bounce in combination with strong growth is likely to attract buyers, but some may decide to keep their distance from MPWR for several reasons. MPWR trades at higher multiples than its competitors, although an argument can be made that MPWR deserves to trade at a premium. If two sides make equally valid arguments, it may be better to avoid unnecessary risks by staying neutral and not taking any sides. Monolithic Power Systems or MPS (MPWR), a supplier of semiconductor-based power solutions, is not that bad off all things considered. While some of its peers in the semiconductor industry are facing weakening demand, MPWR is seeing none of it. MPWR continues to reach new heights in terms of the top and the bottom line. The stock has also outperformed, having fallen less than most semis. While there has been lots of volatility, the stock has spent most of 2022 moving within a range. However, the stock is once again near the lower end of this range, which means the stock is either due for a reversal or there is more trouble ahead. Why will be covered next. Why the stock has a decision to make MPWR has shown a lot of resilience in 2022. The stock is only down 24% for the year and it even managed to trade in positive territory for some time. In comparison, the iShares Semiconductor ETF (SOXX) has lost 39% YTD. The chart below shows how volatile the stock has been this year. The 52-week range is $361-576 or $348-580 if intraday highs and lows are included. Source: finviz.com Some may want to take advantage of the sideways action by buying whenever the stock reaches the bottom and selling whenever the stock approaches the top of the range. Note that the stock is currently at the lower end of this range. There have been numerous instances of the stock bouncing whenever it got to this point, suggesting the presence of solid support in or around the $350-375 region. The stock has lost about 30% of its value since early August, but the slide has paused in the last several days with the stock hovering just above $360, suggesting support is doing its work. If the current trend holds, the stock is likely due for a bounce in the near term with the stock around $367, especially with the stock oversold after the recent decline. On the other hand, it's worth mentioning that if support fails to hold, the stock could have a long way to go before it finds solid support again. The stock has appreciated by so much in the last few years that there is a lot of room before the bottom is truly in. Note that while the stock is off its highs, it has still gained about 150% since the lows in March 2020. In addition, what was solid support is likely to become solid resistance once the stock falls below it. In other words, if the stock falls much further and support is lost, it is unlikely to get back to where it is now at for some time. The bears would gain the upper hand. What could help the stock's chances of a bounce If the stock is to bounce at support like it has done all year, it will need buyers to step in. If buyers are to step in, they need to be convinced it makes sense to do so. Strong growth helps in this regard. It just so happens that MPWR is doing great when it comes to this. MPWR is currently breaking records left and right. MPWR did not make it easy by setting the bar high, but it still managed to sail past expectations for the top and the bottom line. Q2 revenue increased by 57% YoY to $461M, a record high. GAAP EPS increased by 104% YoY to $2.37 and non-GAAP EPS increased by 80% YoY to $3.25. The table below shows the numbers for Q2 FY2022. The main difference between the GAAP and non-GAAP numbers can be attributed to stock-based compensation expense. The latter excludes $42.9M of it, but the former does not. Note that EPS growth was less than that of net income due to share dilution. The non-GAAP weighted average of shares outstanding was 48.3M in Q2 FY2022, up from 47.8M in Q2 FY2021. Cash, cash equivalents and short-term investments totaled $814.1M, up from $775.9M in the preceding quarter. The balance sheet is in top shape. (GAAP) Q2 FY2022 Q1 FY2022 Q2 FY2021 QoQ YoY Revenue $461.004M $377.714M $293.317M 22.05% 57.17% Gross margin 58.8% 57.9% 56.0% 90bps 280bps Operating income $141.888M $96.134M $60.628M 47.59% 134.03% Net income $114.679M $79.566M $55.169M 44.13% 107.87% EPS $2.37 $1.65 $1.16 43.64% 104.31% (Non-GAAP) Revenue $461.004M $377.714M $293.317M 22.05% 57.17% Gross margin 59.0% 58.3% 56.3% 70bps 270bps Operating income $179.449M $133.613M $94.906M 34.31% 89.08% Net income $157.011M $118.275M $86.468M 32.75% 81.58% EPS $3.25 $2.45 $1.81 32.65% 79.56% Source: MPWR Guidance calls for Q3 FY2022 revenue of $480-500M, an increase of 51% YoY at the midpoint. Not only does this represent another all-time high, but it would also mark the 37th consecutive YoY increase in quarterly revenue. The last time revenue did not grow YoY was Q2 FY2013, nine years ago. In terms of track record, MPWR is top notch when it comes to consistent growth. Q3 FY2022 (guidance) Q3 FY2021 YoY (midpoint) Revenue $480-500M $323.5M 51.47% GAAP gross margin 58.4-59.0% 57.6% 110bps Non-GAAP gross margin 58.7-59.3% 57.8% 120bps What could hurt the stock's chances of a sustained bounce However, if there's one reason why people may refrain from getting in on MPWR, then it probably has to do with valuations. The table below compares the multiples for MPWR and some of the competitors mentioned in the most recent Form 10-K. MPWR competes in the crowded analog semiconductor market, but MPWR considers Analog Devices (ADI), Texas Instruments (TXN), NXP Semiconductors (NXPI) and ON Semiconductor (ON) to be among its primary competitors. MPWR ADI TXN NXPI ON Market cap $17.37B $73.00B $147.37B $40.16B $27.43B Enterprise value $16.56B $77.72B $146.23B $48.03B $29.12B Revenue ("ttm") $1,498.7M $11,105.8M $19,592.0M $12,348.0M $7,618.2M EBITDA $434.2M $5,415.5M $11,247.0M $4,552.0M $2,814.8M Trailing P/E 52.78 38.52 17.56 16.61 16.25 Forward P/E 39.52 27.16 16.99 14.67 13.50 P/S 11.35 6.49 7.56 3.26 3.56 P/B 12.08 1.98 10.42 5.73 5.04 EV/sales 11.05 7.00 7.46 3.89 3.82 Trailing EV/EBITDA 38.15 14.35 13.00 10.55 10.34 Forward EV/EBITDA 24.30 12.60 12.77 8.81 8.90 Source: SeekingAlpha In general, MPWR trades at much higher multiples. EBITDA margins are also less. However, it's worth mentioning that multiples have come down. For instance, PE ratios were in the triple digits when the stock peaked in late 2021 as mentioned in an earlier article. The stock's decline and continued growth have brought down multiples, although they may still be too high for some people when other stocks like ON are available at lower valuations with earnings growth that some may deem to be more impressive. However, an argument can be made that MPWR deserves higher multiples because of its consistent track record when it comes to growth as mentioned earlier. MPWR has managed to grow faster than the industry for years and FY2022 is no exception. For instance, consensus estimates expect FY2022 revenue of $1.79-1.85B, up from $1.2B in FY2021, which represents a YoY increase of 52% at the midpoint. FY2022 non-GAAP EPS is expected to increase by 70% YoY with consensus estimates at $12.49-12.82.

Sep 15

Monolithic Power declares $0.75 dividend

Monolithic Power (NASDAQ:MPWR) declares $0.75/share quarterly dividend, in line with previous. Forward yield 0.72% Payable Oct. 14; for shareholders of record Sept. 30; ex-div Sept. 29. See MPWR Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

MPWRUS SemiconductorUS Market
7D-2.1%-3.9%-2.5%
1Y-24.8%-28.9%-23.2%

Return vs Industry: MPWR exceeded the US Semiconductor industry which returned -27.7% over the past year.

Return vs Market: MPWR underperformed the US Market which returned -21.5% over the past year.

Price Volatility

Is MPWR's price volatile compared to industry and market?
MPWR volatility
MPWR Average Weekly Movement7.0%
Semiconductor Industry Average Movement7.8%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: MPWR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MPWR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,773Michael Hsinghttps://www.monolithicpower.com

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment. It also offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products.

Monolithic Power Systems Fundamentals Summary

How do Monolithic Power Systems's earnings and revenue compare to its market cap?
MPWR fundamental statistics
Market CapUS$17.00b
Earnings (TTM)US$335.69m
Revenue (TTM)US$1.50b

50.7x

P/E Ratio

11.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MPWR income statement (TTM)
RevenueUS$1.50b
Cost of RevenueUS$628.72m
Gross ProfitUS$870.03m
Other ExpensesUS$534.34m
EarningsUS$335.69m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)7.17
Gross Margin58.05%
Net Profit Margin22.40%
Debt/Equity Ratio0%

How did MPWR perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

37%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MPWR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue10.8x
Enterprise Value/EBITDA37.3x
PEG Ratio3x

Price to Earnings Ratio vs Peers

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

MPWR PE Ratio vs 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.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.7x
SWKS Skyworks Solutions
10.5x9.7%US$13.7b
ON ON Semiconductor
15.7x4.1%US$27.0b
FSLR First Solar
74.6x53.9%US$14.1b
QRVO Qorvo
10x21.6%US$8.2b
MPWR Monolithic Power Systems
50.7x17.2%US$17.0b

Price-To-Earnings vs Peers: MPWR is expensive based on its Price-To-Earnings Ratio (50.7x) compared to the peer average (27.7x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: MPWR is expensive based on its Price-To-Earnings Ratio (50.7x) compared to the US Semiconductor industry average (15.3x)


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 Ratio50.7x
Fair PE Ratio28.7x

Price-To-Earnings vs Fair Ratio: MPWR is expensive based on its Price-To-Earnings Ratio (50.7x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).


Share Price vs Fair 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.

Below Fair Value: MPWR ($363.4) is trading below our estimate of fair value ($503.46)

Significantly Below Fair Value: MPWR is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Monolithic Power Systems forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MPWR's forecast earnings growth (17.2% per year) is above the savings rate (1.9%).

Earnings vs Market: MPWR's earnings (17.2% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: MPWR's earnings are forecast to grow, but not significantly.

Revenue vs Market: MPWR's revenue (14.9% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: MPWR's revenue (14.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MPWR's Return on Equity is forecast to be high in 3 years time (28.9%)


Discover growth companies

Past Performance

How has Monolithic Power Systems performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MPWR has high quality earnings.

Growing Profit Margin: MPWR's current net profit margins (22.4%) are higher than last year (19.1%).


Past Earnings Growth Analysis

Earnings Trend: MPWR's earnings have grown significantly by 31.3% per year over the past 5 years.

Accelerating Growth: MPWR's earnings growth over the past year (68.7%) exceeds its 5-year average (31.3% per year).

Earnings vs Industry: MPWR earnings growth over the past year (68.7%) exceeded the Semiconductor industry 54.4%.


Return on Equity

High ROE: MPWR's Return on Equity (23.6%) is considered high.


Discover strong past performing companies

Financial Health

How is Monolithic Power Systems's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MPWR's short term assets ($1.3B) exceed its short term liabilities ($254.5M).

Long Term Liabilities: MPWR's short term assets ($1.3B) exceed its long term liabilities ($108.1M).


Debt to Equity History and Analysis

Debt Level: MPWR is debt free.

Reducing Debt: MPWR has not had any debt for past 5 years.

Debt Coverage: MPWR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MPWR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Monolithic Power Systems's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.83%

Current Dividend Yield

Dividend Yield vs Market

Monolithic Power Systems Dividend Yield vs Market
How does Monolithic Power Systems dividend yield compare to the market?
SegmentDividend Yield
Company (Monolithic Power Systems)0.8%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Semiconductor)2.1%
Analyst forecast in 3 Years (Monolithic Power Systems)1.0%

Notable Dividend: MPWR's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: MPWR's dividend (0.83%) is low compared to the top 25% of dividend payers in the US market (4.7%).


Stability and Growth of Payments

Stable Dividend: MPWR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: MPWR is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: MPWR is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: MPWR is not paying a notable dividend for the US market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

15.2yrs

Average management tenure


CEO

Michael Hsing (62 yo)

25.08yrs

Tenure

US$20,254,831

Compensation

Mr. Michael R. Hsing has been President, Chief Executive Officer and Director at Monolithic Power Systems, Inc since August 1997. He is Founder of Monolithic Power Systems, Inc. He held senior technical po...


CEO Compensation Analysis

Michael Hsing's Compensation vs Monolithic Power Systems Earnings
How has Michael Hsing's remuneration changed compared to Monolithic Power Systems's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$336m

Mar 31 2022n/an/a

US$276m

Dec 31 2021US$20mUS$712k

US$242m

Sep 30 2021n/an/a

US$212m

Jun 30 2021n/an/a

US$199m

Mar 31 2021n/an/a

US$174m

Dec 31 2020US$15mUS$650k

US$164m

Sep 30 2020n/an/a

US$154m

Jun 30 2020n/an/a

US$128m

Mar 31 2020n/an/a

US$118m

Dec 31 2019US$9mUS$650k

US$109m

Sep 30 2019n/an/a

US$104m

Jun 30 2019n/an/a

US$106m

Mar 31 2019n/an/a

US$110m

Dec 31 2018US$12mUS$644k

US$105m

Sep 30 2018n/an/a

US$90m

Jun 30 2018n/an/a

US$82m

Mar 31 2018n/an/a

US$73m

Dec 31 2017US$8mUS$600k

US$65m

Sep 30 2017n/an/a

US$70m

Jun 30 2017n/an/a

US$60m

Mar 31 2017n/an/a

US$57m

Dec 31 2016US$7mUS$600k

US$53m

Sep 30 2016n/an/a

US$46m

Jun 30 2016n/an/a

US$43m

Mar 31 2016n/an/a

US$40m

Dec 31 2015US$9mUS$600k

US$35m

Compensation vs Market: Michael's total compensation ($USD20.25M) is above average for companies of similar size in the US market ($USD13.04M).

Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: MPWR's management team is seasoned and experienced (15.2 years average tenure).


Board Members

Experienced Board: MPWR's board of directors are seasoned and experienced ( 16 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MPWR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NasdaqGS:MPWR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
22 Sep 22SellUS$811,151James MoyerIndividual2,065US$400.10
12 Aug 22SellUS$858,876Deming XiaoIndividual1,633US$525.95
12 Aug 22SellUS$858,876Saria TsengIndividual1,633US$525.95
12 Aug 22SellUS$858,876Maurice SciammasIndividual1,633US$525.95
12 Aug 22SellUS$3,316,641Michael HsingIndividual6,306US$525.95
12 Aug 22SellUS$720,026Theodore BlegenIndividual1,369US$525.95
04 Aug 22SellUS$2,745,490Maurice SciammasIndividual5,184US$532.06
04 Aug 22SellUS$514,032Saria TsengIndividual984US$522.39
04 Aug 22SellUS$1,984,037Michael HsingIndividual3,798US$522.39
04 Aug 22SellUS$442,978Theodore BlegenIndividual848US$522.38
04 Aug 22SellUS$514,032Deming XiaoIndividual984US$522.39
01 Jul 22SellUS$4,156,247Michael HsingIndividual11,495US$361.57
01 Jul 22SellUS$343,501Theodore BlegenIndividual950US$361.58
01 Jul 22SellUS$1,632,534Maurice SciammasIndividual4,515US$361.58
01 Jul 22SellUS$1,632,534Saria TsengIndividual4,515US$361.58
01 Jul 22SellUS$1,632,534Deming XiaoIndividual4,515US$361.58
27 May 22SellUS$683,215Deming XiaoIndividual1,495US$457.00
24 May 22SellUS$1,686,707Deming XiaoIndividual4,298US$392.44
12 May 22SellUS$651,620Maurice SciammasIndividual1,679US$388.10
12 May 22SellUS$651,620Saria TsengIndividual1,679US$388.10
12 May 22SellUS$651,620Deming XiaoIndividual1,679US$388.10
12 May 22SellUS$2,515,276Michael HsingIndividual6,481US$388.10
12 May 22SellUS$541,400Theodore BlegenIndividual1,395US$388.10
04 May 22SellUS$446,812Saria TsengIndividual986US$453.16
04 May 22SellUS$1,725,155Michael HsingIndividual3,807US$453.15
04 May 22SellUS$385,182Theodore BlegenIndividual850US$453.16
04 May 22SellUS$446,812Deming XiaoIndividual986US$453.16
04 May 22SellUS$446,812Maurice SciammasIndividual986US$453.16
01 Apr 22SellUS$434,515Theodore BlegenIndividual930US$467.22
01 Apr 22SellUS$5,256,338Michael HsingIndividual11,250US$467.23
01 Apr 22SellUS$2,065,157Deming XiaoIndividual4,420US$467.23
01 Apr 22SellUS$2,065,157Saria TsengIndividual4,420US$467.23
01 Apr 22SellUS$2,065,157Maurice SciammasIndividual4,420US$467.23
14 Feb 22SellUS$714,425Maurice SciammasIndividual1,663US$429.60
14 Feb 22SellUS$714,425Saria TsengIndividual1,663US$429.60
14 Feb 22SellUS$714,425Deming XiaoIndividual1,663US$429.60
14 Feb 22SellUS$2,758,462Michael HsingIndividual6,421US$429.60
14 Feb 22SellUS$595,855Theodore BlegenIndividual1,387US$429.60
08 Feb 22SellUS$2,977,889Theodore BlegenIndividual7,453US$401.12
08 Feb 22SellUS$14,907,643Michael HsingIndividual37,301US$401.12
08 Feb 22SellUS$3,933,640Maurice SciammasIndividual9,844US$401.12
08 Feb 22SellUS$3,633,781Deming XiaoIndividual9,093US$401.12
08 Feb 22SellUS$3,633,781Saria TsengIndividual9,093US$401.12
03 Jan 22SellUS$444,237Theodore BlegenIndividual905US$490.87
03 Jan 22SellUS$2,113,195Deming XiaoIndividual4,305US$490.87
03 Jan 22SellUS$2,113,195Maurice SciammasIndividual4,305US$490.87
03 Jan 22SellUS$2,113,195Saria TsengIndividual4,305US$490.87
03 Jan 22SellUS$5,379,935Michael HsingIndividual10,960US$490.87
30 Nov 21SellUS$2,444,960Deming XiaoIndividual4,366US$560.00
22 Nov 21SellUS$247,660Deming XiaoIndividual427US$580.00
12 Nov 21SellUS$899,304Deming XiaoIndividual1,625US$553.42
12 Nov 21SellUS$3,471,591Michael HsingIndividual6,273US$553.42
12 Nov 21SellUS$754,862Theodore BlegenIndividual1,364US$553.42
12 Nov 21SellUS$899,304Maurice SciammasIndividual1,625US$553.42
12 Nov 21SellUS$1,110,620James MoyerIndividual2,000US$555.31
12 Nov 21SellUS$899,304Saria TsengIndividual1,625US$553.42
08 Nov 21SellUS$1,108,602Deming XiaoIndividual2,022US$548.27
08 Nov 21SellUS$800,474Theodore BlegenIndividual1,460US$548.27
08 Nov 21SellUS$1,108,602Maurice SciammasIndividual2,022US$548.27
08 Nov 21SellUS$4,283,634Michael HsingIndividual7,813US$548.27

Ownership Breakdown

What is the ownership structure of MPWR?
Owner TypeNumber of SharesOwnership Percentage
State or Government19,1930.04%
General Public150,6020.3%
Individual Insiders2,350,8325.0%
Institutions44,268,37394.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 62.5% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.32%
BlackRock, Inc.
5,764,626$2.1b-7.76%0.05%
10.59%
The Vanguard Group, Inc.
4,953,493$1.8b1.65%0.04%
3.73%
State Street Global Advisors, Inc.
1,747,197$634.9m-3.81%0.04%
3.48%
Franklin Resources, Inc.
1,628,593$591.8m4.9%0.27%
3.13%
T. Rowe Price Group, Inc.
1,466,393$532.9m-2.57%0.07%
2.72%
Massachusetts Financial Services Company
1,273,178$462.7m12.68%0.13%
2.48%
Michael Hsing
1,162,689$422.5m-1.82%no data
2%
Brown Advisory Incorporated
936,341$340.3m-2.3%0.62%
1.91%
Geode Capital Management, LLC
892,814$324.4m0.96%0.04%
1.83%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
853,952$310.3m0.09%0.11%
1.74%
Invesco Ltd.
812,129$295.1m-7.98%0.1%
1.68%
Macquarie Investment Management Business Trust
785,000$285.3m-6.59%0.33%
1.65%
Artisan Partners Limited Partnership
772,908$280.9m-2.04%0.3%
1.59%
FMR LLC
743,853$270.3m132.89%0.03%
1.56%
Whale Rock Capital Management LLC
729,061$264.9m-4.01%8.51%
1.16%
Managed Account Advisors LLC
541,433$196.8m0.66%0.06%
1.13%
Invesco Capital Management LLC
528,678$192.1m-2.37%0.16%
1.1%
AllianceBernstein L.P.
515,768$187.4m-14.39%0.08%
1.1%
Neuberger Berman Investment Advisers LLC
514,455$187.0m-16.68%0.19%
1%
ClearBridge Investments, LLC
468,235$170.2m0.06%0.16%
1%
American Century Investment Management Inc
466,156$169.4m18.66%0.13%
0.97%
Northern Trust Global Investments
452,902$164.6m1.97%0.03%
0.9%
Impax Asset Management Group plc
421,909$153.3m-2.74%0.53%
0.9%
Allspring Global Investments, LLC
419,609$152.5m-25.7%0.24%
0.84%
EARNEST Partners, LLC
392,047$142.5m4.17%0.98%

Company Information

Monolithic Power Systems, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Monolithic Power Systems, Inc.
  • Ticker: MPWR
  • Exchange: NasdaqGS
  • Founded: 1997
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: US$17.003b
  • Shares outstanding: 46.79m
  • Website: https://www.monolithicpower.com

Number of Employees


Location

  • Monolithic Power Systems, Inc.
  • 5808 Lake Washington Boulevard NE
  • Kirkland
  • Washington
  • 98033
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MPWRNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 2004
NQGDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2004
MPWR *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNNov 2004
M2PR34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 60 REPR 1 COMBRBRLJan 2022

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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 here.