Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, automotive, industrial, communications, and consumer applications markets. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Monolithic Power Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MPWR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MPWR exceeded the US Semiconductor industry which returned 48% over the past year.
Return vs Market: MPWR exceeded the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Monolithic Power Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWill the Promising Trends At Monolithic Power Systems (NASDAQ:MPWR) Continue?
2 weeks ago | Simply Wall StShould You Rely On Monolithic Power Systems's (NASDAQ:MPWR) Earnings Growth?
Is Monolithic Power Systems undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MPWR ($312.41) is trading above our estimate of fair value ($144.08)
Significantly Below Fair Value: MPWR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MPWR is poor value based on its PE Ratio (107.5x) compared to the US Semiconductor industry average (39.9x).
PE vs Market: MPWR is poor value based on its PE Ratio (107.5x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: MPWR is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: MPWR is overvalued based on its PB Ratio (16.5x) compared to the US Semiconductor industry average (3.4x).
How is Monolithic Power Systems forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPWR's forecast earnings growth (20.6% per year) is above the savings rate (2.2%).
Earnings vs Market: MPWR's earnings (20.6% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MPWR's revenue (13.7% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: MPWR's revenue (13.7% 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 (26.3%)
How has Monolithic Power Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPWR has high quality earnings.
Growing Profit Margin: MPWR's current net profit margins (18.6%) are higher than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: MPWR's earnings have grown significantly by 26.5% per year over the past 5 years.
Accelerating Growth: MPWR's earnings growth over the past year (20.6%) is below its 5-year average (26.5% per year).
Earnings vs Industry: MPWR earnings growth over the past year (20.6%) exceeded the Semiconductor industry 7.5%.
Return on Equity
High ROE: MPWR's Return on Equity (15.1%) is considered low.
How is Monolithic Power Systems's financial position?
Financial Position Analysis
Short Term Liabilities: MPWR's short term assets ($748.9M) exceed its short term liabilities ($136.8M).
Long Term Liabilities: MPWR's short term assets ($748.9M) exceed its long term liabilities ($85.4M).
Debt to Equity History and Analysis
Debt Level: MPWR is debt free.
Reducing Debt: MPWR has not had any debt for past 5 years.
Debt Coverage: MPWR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MPWR has no debt, therefore coverage of interest payments is not a concern.
What is Monolithic Power Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MPWR's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: MPWR's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: MPWR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MPWR is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MPWR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MPWR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Hsing (60 yo)
Mr. Michael R. Hsing founded Monolithic Power Systems (MPS) Inc. and has been its President and Chief Executive Officer since August 1997. Mr. Hsing held senior technical positions at companies such as Sup ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD9.36M) is about average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|VP & CFO||4.25yrs||US$2.03m||0.071% |
|VP of Strategic Corporate Development||16.75yrs||US$2.72m||0.57% |
|Senior Vice President of Worldwide Sales & Marketing||13.75yrs||US$2.72m||0.81% |
|President of Asia Operations||12.75yrs||US$2.72m||0.62% |
|Supervisor of Marketing Communications||no data||no data||no data|
Experienced Management: MPWR's management team is seasoned and experienced (13.3 years average tenure).
|Lead Independent Director||no data||US$267.50k||0.0067% |
|Independent Director||14.08yrs||US$250.00k||0.061% |
|Independent Director||22yrs||US$225.00k||0.78% |
|Independent Director||10.67yrs||US$253.50k||0.023% |
|Independent Director||8yrs||US$246.50k||0.040% |
Experienced Board: MPWR's board of directors are seasoned and experienced ( 10.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Monolithic Power Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Monolithic Power Systems, Inc.
- Ticker: MPWR
- Exchange: NasdaqGS
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$14.031b
- Shares outstanding: 44.91m
- Website: https://www.monolithicpower.com
Number of Employees
- Monolithic Power Systems, Inc.
- 5808 Lake Washington Boulevard NE
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MPWR||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 2004|
|NQG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 2004|
|MPWR *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Nov 2004|
Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, automotive, industrial, communic ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:31|
|End of Day Share Price||2020/10/19 00:00|
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.