(MPWR) Monolithic Power Systems - Overview
Stock: DC-DC Converters, AC-DC Converters, LED Drivers, Power Management ICs
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.82% |
| Yield on Cost 5y | 1.76% |
| Yield CAGR 5y | 26.98% |
| Payout Consistency | 86.3% |
| Payout Ratio | 35.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 53.3% |
| Relative Tail Risk | -10.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.31 |
| Alpha | 60.29 |
| Character TTM | |
|---|---|
| Beta | 2.187 |
| Beta Downside | 2.040 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.65% |
| CAGR/Max DD | 0.72 |
Description: MPWR Monolithic Power Systems January 29, 2026
Monolithic Power Systems (MPWR) is a U.S.–based designer and supplier of DC-DC conversion and power-management integrated circuits used across a wide range of end-markets-including data-center servers, AI accelerators, automotive infotainment, consumer electronics, and industrial networking equipment. The firm distributes its products through a mix of third-party distributors, value-added resellers, OEMs and ODMs worldwide.
According to the company’s most recent earnings release (FY 2025, filed February 2025), MPWR generated $1.25 billion of revenue, up roughly 12 % year-over-year, with a gross margin of 55 % and operating cash flow of $210 million. Research and development expenses remained disciplined at about 12 % of revenue, supporting a pipeline of next-generation GaN-based converters. These figures are drawn from the company’s SEC filing; any restatement or accounting adjustment could materially affect the metrics.
Key macro-drivers for MPWR’s addressable market include the accelerating demand for energy-efficient power solutions in hyperscale data centers (the global power-management IC market is projected to grow at a 7 % CAGR through 2030) and the rapid electrification of vehicles, which is expanding the automotive power-electronics segment by an estimated 15 % annually. Supply-chain pressures in China and Taiwan continue to create pricing volatility for silicon wafers, a risk that could compress margins if not mitigated.
For a deeper quantitative dive, you might explore MPWR’s valuation metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 615.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA -3.73 > 1.0 |
| NWC/Revenue: 65.02% < 20% (prev 57.56%; Δ 7.46% < -1%) |
| CFO/TA 0.17 > 3% & CFO 733.3m > Net Income 615.9m |
| Net Debt (-1.10b) to EBITDA (791.0m): -1.39 < 3 |
| Current Ratio: 5.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.2m) vs 12m ago 1.36% < -2% |
| Gross Margin: 55.18% > 18% (prev 0.55%; Δ 5463 % > 0.5%) |
| Asset Turnover: 70.56% > 50% (prev 61.02%; Δ 9.54% > 0%) |
| Interest Coverage Ratio: -27.18 > 6 (EBITDA TTM 791.0m / Interest Expense TTM -27.2m) |
Altman Z'' 10.00
| A: 0.42 (Total Current Assets 2.18b - Total Current Liabilities 369.4m) / Total Assets 4.29b |
| B: 0.65 (Retained Earnings 2.80b / Total Assets 4.29b) |
| C: 0.19 (EBIT TTM 739.0m / Avg Total Assets 3.95b) |
| D: 6.50 (Book Value of Equity 3.72b / Total Liabilities 572.2m) |
| Altman-Z'' Score: 12.98 = AAA |
Beneish M -3.08
| DSRI: 0.87 (Receivables 255.6m/232.5m, Revenue 2.79b/2.21b) |
| GMI: 1.00 (GM 55.18% / 55.32%) |
| AQI: 0.82 (AQ_t 0.35 / AQ_t-1 0.42) |
| SGI: 1.26 (Revenue 2.79b / 2.21b) |
| TATA: -0.03 (NI 615.9m - CFO 733.3m) / TA 4.29b) |
| Beneish M-Score: -3.08 (Cap -4..+1) = AA |
What is the price of MPWR shares?
Over the past week, the price has changed by +9.40%, over one month by +22.32%, over three months by +28.58% and over the past year by +87.63%.
Is MPWR a buy, sell or hold?
- StrongBuy: 10
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MPWR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 1221.1 | -0.7% |
| Analysts Target Price | 1221.1 | -0.7% |
| ValueRay Target Price | 1747.2 | 42.1% |
MPWR Fundamental Data Overview February 07, 2026
P/E Forward = 52.356
P/S = 20.812
P/B = 15.2643
P/EG = 2.0761
Revenue TTM = 2.79b USD
EBIT TTM = 739.0m USD
EBITDA TTM = 791.0m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 15.1m USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -1.10b USD (from netDebt column, last quarter)
Enterprise Value = 54.14b USD (55.38b + Debt 15.1m - CCE 1.26b)
Interest Coverage Ratio = -27.18 (Ebit TTM 739.0m / Interest Expense TTM -27.2m)
EV/FCF = 89.89x (Enterprise Value 54.14b / FCF TTM 602.3m)
FCF Yield = 1.11% (FCF TTM 602.3m / Enterprise Value 54.14b)
FCF Margin = 21.58% (FCF TTM 602.3m / Revenue TTM 2.79b)
Net Margin = 22.07% (Net Income TTM 615.9m / Revenue TTM 2.79b)
Gross Margin = 55.18% ((Revenue TTM 2.79b - Cost of Revenue TTM 1.25b) / Revenue TTM)
Gross Margin QoQ = 55.15% (prev 55.11%)
Tobins Q-Ratio = 12.61 (Enterprise Value 54.14b / Total Assets 4.29b)
Interest Expense / Debt = 35.14% (Interest Expense 5.30m / Debt 15.1m)
Taxrate = 18.90% (39.6m / 209.8m)
NOPAT = 599.4m (EBIT 739.0m * (1 - 18.90%))
Current Ratio = 5.91 (Total Current Assets 2.18b / Total Current Liabilities 369.4m)
Debt / Equity = 0.00 (Debt 15.1m / totalStockholderEquity, last quarter 3.72b)
Debt / EBITDA = -1.39 (Net Debt -1.10b / EBITDA 791.0m)
Debt / FCF = -1.83 (Net Debt -1.10b / FCF TTM 602.3m)
Total Stockholder Equity = 3.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.57% (Net Income 615.9m / Total Assets 4.29b)
RoE = 17.65% (Net Income TTM 615.9m / Total Stockholder Equity 3.49b)
RoCE = 18.84% (EBIT 739.0m / Capital Employed (Total Assets 4.29b - Current Liab 369.4m))
RoIC = 17.57% (NOPAT 599.4m / Invested Capital 3.41b)
WACC = 13.98% (E(55.38b)/V(55.40b) * Re(13.98%) + D(15.1m)/V(55.40b) * Rd(35.14%) * (1-Tc(0.19)))
Discount Rate = 13.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.29%
[DCF Debug] Terminal Value 63.42% ; FCFF base≈618.3m ; Y1≈734.6m ; Y5≈1.15b
Fair Price DCF = 205.2 (EV 8.73b - Net Debt -1.10b = Equity 9.83b / Shares 47.9m; r=13.98% [WACC]; 5y FCF grow 20.07% → 2.90% )
EPS Correlation: 78.82 | EPS CAGR: 19.58% | SUE: 1.54 | # QB: 3
Revenue Correlation: 90.39 | Revenue CAGR: 20.12% | SUE: 1.50 | # QB: 3
EPS next Quarter (2026-03-31): EPS=4.60 | Chg30d=+0.013 | Revisions Net=+0 | Analysts=15
EPS current Year (2026-12-31): EPS=20.86 | Chg30d=+0.031 | Revisions Net=+2 | Growth EPS=+17.4% | Growth Revenue=+16.8%
EPS next Year (2027-12-31): EPS=24.63 | Chg30d=+0.045 | Revisions Net=+1 | Growth EPS=+18.1% | Growth Revenue=+16.0%