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MPWR

Monolithic Power Systems, Inc.
$1,283.32
+2.77% Oct 21 close
Information TechnologyS&P 500 Compare
-17%+3%+24%+44%+64%Oct 2025Oct 2026Apr 2026
MPWRSPY
1W
+3.2%
1M
+0.6%
3M
-8.1%
6M
-15.4%
YTD
+42.3%
1Y
+25.6%

Live chart

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What they do

Monolithic Power Systems, Inc. provides semiconductor-based power electronics solutions in China, Taiwan, South Korea, Southeast Asia, Europe, the United States, Japan, and internationally. The company offers direct current (DC) to DC solutions to convert and control voltages within a range of electronic systems. It also provides alternating current (AC) to DC; driver metal-oxide-semiconductor field-effect transistors.

Technology · Semiconductors

For information only · Important disclosures

Grades vs sector

Momentum
54th percentile in sector
C+
12-1 return: +35.0%
Percentile within its GICS sector across the S&P 1500.
Growth
89th percentile in sector
A
Revenue growth (YoY): +47.6%
Percentile within its GICS sector across the S&P 1500.
Value
10th percentile in sector
D-
Forward E/P: 2.9% · EBITDA/EV: 1.7%
Percentile within its GICS sector across the S&P 1500.
Profitability
76th percentile in sector
B+
Profit margin: +24.5% · Return on equity: +22.0%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
ranked 26 of 360 · Composite (0-1) 0.8
Momentum Top 15
ranked 103 of 499 · 12-month momentum 38.4%
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Western Digital, Nova, Amtech, Monolithic Power Systems, and Texas Instruments shares skyrocket, what you need to know
StockStory · 12h ago
3 AI Infrastructure Stocks Retail Investors Are Watching In US Tech
Simply Wall St. · Oct 18

Key stats

Market value$63.1B
P/E (last 12 months)78.1
P/E (next 12 months, estimated)36.4
52-week range$833.18 – $1,714.09
Revenue growth (latest quarter vs a year ago)+47.6%
Dividend yield0.64%
Analyst consensusStrong Buy (15)
Average analyst price target$1,813.13 (+41%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans expensive
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
▼DCF (base case)below the price by 53%
▼Forward P/E vs sector36.4x vs median 16.9x
▲Piotroski F-score7/9
▲Altman Z50.6 (safe)
▲Net debt / EBITDA-1.4x
▲Analyst target+41% (15 analysts)

Discounted cash flow

CyclicalValued on average-cycle margins
Bear
$303
-76%
growth 18% · disc. 13.7% · term. 2.0%
Base
$599
-53%
growth 30% · disc. 12.7% · term. 2.5%
Bull
$1,005
-22%
growth 38% · disc. 11.7% · term. 3.0%

Starting cash flow is mid-cycle: 21.1% average margin × current revenue = 0.7B (last 12 months: 0.6B at a 18% margin). On trailing cash flow the base case would be $511.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 34% a year for 10 years.
Implied
+34%/yr
FCF, last 3 yrs
+53%/yr
FCF, last 5 yrs
+26%/yr
Revenue, last 3 yrs
+16%/yr
Revenue, last 5 yrs
+27%/yr
Same inputs as the DCF above: mid-cycle free cash flow 0.7B, 12.7% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.68 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)
sector median 35.9× · 84th pct
78.1×
pricier
Forward P/E
sector median 16.9× · 93rd pct
36.4×
pricier
EV / EBITDA
sector median 20.8× · 89th pct
61.6×
pricier
Price / sales
sector median 4.6× · 92nd pct
19.3×
pricier
Price / book
sector median 5.1× · 87th pct
16.2×
pricier
FCF yield
sector median 3.5% · 17th pct
0.9%
pricier

Forward EPS $35.27 vs trailing $16.44 (+115% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
55.2%
Operating margin
28.7%
FCF margin
17.9%
Net margin
24.5%
Return on equity
20.6%
Return on invested capital
30.9%
Net debt / EBITDA
-1.4×
Current ratio
5.0×
Interest cover
–
Cash conversion (OCF/NI)
1.0×
Piotroski F-score 7/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Altman Z-score 50.6 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$1,813
+41%
Analysts
15
Strong Buy
Range
$1,550–$2,100
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$2.8B$621.5M$666.2M
2024$2.2B$1.6B$642.3M
2023$1.8B$427.4M$580.6M
2022$1.8B$437.7M$187.8M
2021$1.2B$242.0M$225.6M
2020$844.5M$164.4M$212.2M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +15.9%.

Earnings

Next report: 2026-10-29 · after close · EPS est 7.75
24-1025-0225-0525-0725-1026-0226-0426-070.006.50
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-07-305.886.50+10.5%
2026-04-304.905.10+4.0%
2026-02-054.744.79+1.1%
2025-10-304.644.73+2.0%
2025-07-314.124.21+2.2%
2025-05-014.004.04+0.9%
2025-02-063.984.09+2.9%
2024-10-303.974.06+2.3%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$980.6M+47.6%
2026-03-31$804.2M–
2025-12-31$751.2M–
2025-09-30$737.2M–
2025-06-30$664.6M–
Analyst actions
Wells Fargo
2026-10-20 · main
Overweight → Overweight
PT $1,550
TD Cowen
2026-10-19 · main
Buy → Buy
PT $1,700
StoneX
2026-09-03 · init
→ Buy
PT $1,800
Wells Fargo
2026-07-31 · main
Overweight → Overweight
PT $1,800
Truist Securities
2026-07-31 · main
Buy → Buy
PT $1,889
Keybanc
2026-07-31 · main
Overweight → Overweight
PT $2,100

Recent dividends

2026-09-30: $2.000 · 2026-06-30: $2.000 · 2026-03-31: $2.000 · 2025-12-31: $1.560 · 2025-09-30: $1.560 · 2025-06-30: $1.560 · 2025-03-31: $1.560 · 2024-12-31: $1.250
Insider trades
Hsing Michael
Director, CEO · 2026-09-28
Sell
$176.4K
Hsing Michael
Director, CEO · 2026-09-28
Sell
$14.8M
Hsing Michael
Director, CEO · 2026-09-28
Sell
$8.5M
Hsing Michael
Director, CEO · 2026-09-28
Sell
$7.8M
Hsing Michael
Director, CEO · 2026-09-28
Sell
$3.9M
Hsing Michael
Director, CEO · 2026-09-28
Sell
$1.5M
Hsing Michael
Director, CEO · 2026-09-28
Sell
$2.8M
Hsing Michael
Director, CEO · 2026-09-28
Sell
$788.7K
Chang Kuo Wei Herbert
Director · 2026-08-24
Sell
$64.1K
Dean Robert W Ii
Interim CFO · 2026-08-24
Sell
$41.5K
Dean Robert W Ii
Interim CFO · 2026-08-17
Sell
$8.5K
Chang Kuo Wei Herbert
Director · 2026-08-11
Sell
$71.0K

Stats refreshed 2026-10-21 18:02:02 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026