Market Summary
USD497.97+21.36
Market Closed4.48%
MPWR Stock Price
MPWR RSI Chart
MPWR Valuation
MPWR Price/Sales (Trailing)
MPWR Profitability
MPWR Fundamentals
MPWR Revenue
MPWR Earnings
Price Action
52 Week Range
301.69541.39
(Low)(High)
Last 7 days
-5.6%
Last 30 days
-4.9%
Last 90 days
27.7%
Trailing 12 Months
13.4%
MPWR Financial Health
MPWR Investor Care
Peers (Alternatives to Monolithic Power Systems)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 629.8B | 27.0B | 11.20% | 5.54% | 144.19 | 23.35 | 0.22% | -55.21% |
AVGO | 265.4B | 34.4B | 4.15% | 7.21% | 23.09 | 7.71 | 20.74% | 70.65% |
TXN | 161.7B | 20.0B | -1.31% | 3.38% | 18.48 | 8.07 | 9.18% | 12.61% |
AMD | 155.7B | 23.6B | 7.88% | -17.97% | 117.97 | 6.6 | 43.61% | -58.25% |
INTC | 124.9B | 63.1B | -0.49% | -34.58% | 15.58 | 1.98 | -20.21% | -59.66% |
FSLR | 22.0B | 2.6B | 21.50% | 171.10% | -498.6 | 8.41 | -10.40% | -109.42% |
LSCC | 12.7B | 660.4M | 8.09% | 61.41% | 71.08 | 19.25 | 28.14% | 86.49% |
| MID-CAP | ||||||||
AMKR | 6.2B | 7.1B | -10.56% | 13.59% | 8.04 | 0.87 | 15.53% | 19.10% |
POWI | 4.8B | 651.1M | -1.79% | -5.91% | 28.27 | 7.42 | -7.41% | 3.92% |
| SMALL-CAP | ||||||||
ICHR | 874.5M | 1.3B | -18.13% | -13.35% | 12.01 | 0.68 | 16.70% | 2.69% |
SGH | 785.5M | 1.8B | -10.38% | -36.92% | 15.09 | 0.43 | 8.07% | 32.37% |
CEVA | 710.2M | 134.6M | -13.31% | -20.71% | -30.63 | 5.27 | 9.73% | -5954.29% |
AOSL | 709.2M | 794.4M | -14.88% | -47.69% | 8.96 | 0.89 | 9.29% | -82.10% |
MX | 398.4M | 337.7M | -11.62% | -43.15% | -49.57 | 1.18 | -28.80% | -114.17% |
Financials for Monolithic Power Systems
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 7.4% | 1,794 | 1,671 | 1,499 | 1,331 | 1,208 |
| Cost Of Revenue | 7.1% | 746 | 696 | 629 | 568 | 522 |
| Gross Profit | 7.6% | 1,049 | 975 | 870 | 763 | 685 |
| Operating Expenses | 3.1% | 522 | 506 | 476 | 451 | 423 |
| S&GA Expenses | 1.8% | 274 | 269 | 255 | 242 | 226 |
| EBITDA | 11.8% | 562 | 503 | 427 | 351 | - |
| EBITDA Margin | 4.1% | 0.31* | 0.30* | 0.28* | 0.26* | - |
| Earnings Before Taxes | 12.6% | 525 | 466 | 392 | 319 | 272 |
| EBT Margin | 4.9% | 0.29* | 0.28* | 0.26* | 0.24* | - |
| Net Income | 11.9% | 438 | 391 | 336 | 276 | 242 |
| Net Income Margin | 4.2% | 0.24* | 0.23* | 0.22* | 0.21* | - |
| Free Cahsflow | 18.1% | 188 | 159 | 284 | 248 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 6.6% | 2,059 | 1,931 | 1,786 | 1,714 | 1,586 |
| Current Assets | 6.6% | 1,411 | 1,323 | 1,332 | 1,247 | 1,125 |
| Cash Equivalents | -8.7% | 289 | 316 | 343 | 261 | 189 |
| Inventory | 12.5% | 447 | 397 | 360 | 311 | 259 |
| Net PPE | 4.1% | 357 | 343 | 357 | 369 | 363 |
| Goodwill | 0% | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Liabilities | -2.6% | 390 | 401 | 363 | 388 | 342 |
| Current Liabilities | -9.5% | 263 | 291 | 254 | 273 | 227 |
| Shareholder's Equity | 9.0% | 1,669 | 1,531 | 1,423 | 1,326 | 1,244 |
| Retained Earnings | 13.1% | 716 | 634 | 546 | 468 | 425 |
| Accumulated Depreciation | - | 172 | - | - | - | - |
| Shares Outstanding | 0.4% | 47.00 | 47.00 | 47.00 | 47.00 | 46.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 10.8% | 247 | 223 | 359 | 350 | 320 |
| Share Based Compensation | 2.6% | 161 | 157 | 145 | 135 | 123 |
| Cashflow From Investing | -501.7% | -12.51 | -2.08 | -120 | -207 | -378 |
| Cashflow From Financing | -7.2% | -128 | -120 | -112 | -103 | -90.21 |
| Dividend Payments | 6.0% | 138 | 130 | 122 | 115 | 109 |
Risks for MPWR
What is the probability of a big loss on MPWR?
86.9%
Probability that Monolithic Power Systems stock will be more than 20% underwater in next one year
23.5%
Probability that Monolithic Power Systems stock will be more than 30% underwater in next one year.
8.8%
Probability that Monolithic Power Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MPWR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Monolithic Power Systems was unfortunately bought at previous high price.
Drawdowns
Returns for MPWR
Cumulative Returns on MPWR
35.9%
10-Year Cumulative Returns
35.4%
7-Year Cumulative Returns
31.8%
5-Year Cumulative Returns
41.7%
3-Year Cumulative Returns
What are the long-term rolling returns for MPWR?
FIve years rolling returns for Monolithic Power Systems.
Annualized Returns
Which funds bought or sold MPWR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 5.88 | 1,405,470 | 47,768,500 | 0.05% |
2023-03-10 | BAILLIE GIFFORD & CO | unchanged | - | -137 | 20,863 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -5.95 | -43,000 | 463,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 13.31 | 10,815,000 | 104,485,000 | 0.15% |
2023-02-27 | Parallax Volatility Advisers, L.P. | sold off | -100 | -3,354,000 | - | -% |
2023-02-24 | NATIXIS | added | 75.43 | 972,955 | 2,370,960 | 0.01% |
2023-02-24 | SRS Capital Advisors, Inc. | reduced | -44.44 | -1,232 | 1,768 | -% |
2023-02-24 | National Pension Service | added | 10.11 | 1,630,870 | 26,507,700 | 0.05% |
2023-02-22 | CVA Family Office, LLC | added | 11.54 | 4,273 | 51,273 | 0.01% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -2.44 | -75,000 | 1,412,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Monolithic Power Systems News
Schedule 13G FIlings of Monolithic Power Systems
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 7.8% | 3,651,508 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 10.90% | 5,118,311 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 11.6% | 5,455,114 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 11.6% | 5,455,114 | SC 13G | |
| Jan 28, 2022 | blackrock inc. | 13.0% | 5,979,931 | SC 13G/A | |
| Mar 10, 2021 | vanguard group inc | 10.46% | 4,770,876 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.92% | 4,024,262 | SC 13G/A | |
| Jan 26, 2021 | blackrock inc. | 14.0% | 6,314,697 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 8.83% | 3,838,037 | SC 13G/A | |
| Feb 05, 2020 | franklin resources inc | 4.9% | 2,121,463 | SC 13G/A |
MPWR Fair Value
Monolithic Power Systems fair value in different scenarios
The table shows the Fair Value estimates for Monolithic Power Systems for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 231.63 -53.49% | 304.68 -38.82% | 503.17 1.04% | 928.33 86.42% | 1221.17 145.23% |
| Current Inflation | 211.62 -57.50% | 274.15 -44.95% | 442.90 -11.06% | 802.77 61.21% | 1048.15 110.48% |
| Very High Inflation | 187.03 -62.44% | 237.35 -52.34% | 372.03 -25.29% | 657.67 32.07% | 849.76 70.64% |
Historical Monolithic Power Systems Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Monolithic Power Systems
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Feb 24, 2023 | 10-K | Annual Report | |
| Feb 21, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | SC 13G | Major Ownership Report | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for MPWR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-16 | BLEGEN THEODORE | sold | -2,605,650 | 521 | -5,000 | cfo |
2023-02-15 | Sciammas Maurice | sold | -6,754,010 | 519 | -13,000 | sr. v.p.of sales and marketing |
2023-02-15 | Xiao Deming | sold | -793,410 | 530 | -1,497 | pres. of mps asia operations |
2023-02-13 | Tseng Saria | sold | -806,896 | 492 | -1,639 | vp & general counsel |
2023-02-13 | Hsing Michael | sold | -3,117,800 | 492 | -6,333 | ceo |
2023-02-13 | Sciammas Maurice | sold | -806,896 | 492 | -1,639 | sr. v.p.of sales and marketing |
2023-02-13 | BLEGEN THEODORE | sold | -675,942 | 492 | -1,373 | cfo |
2023-02-13 | Xiao Deming | sold | -806,896 | 492 | -1,639 | pres. of mps asia operations |
2023-02-09 | Xiao Deming | sold | -1,107,080 | 520 | -2,129 | pres. of mps asia operations |
2023-02-08 | Sciammas Maurice | sold | -3,200,800 | 462 | -6,922 | sr. v.p.of sales and marketing |
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. The company sells its products through third-party distributors and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.
MPWR Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenue | $ 1,794,148 | $ 1,207,798 | $ 844,452 |
| Cost of revenue | 745,596 | 522,339 | 378,498 |
| Gross profit | 1,048,552 | 685,459 | 465,954 |
| Operating expenses: | |||
| Research and development | 240,171 | 190,627 | 137,598 |
| Selling, general and administrative | 273,595 | 226,190 | 161,670 |
| Litigation expense, net | 8,001 | 6,225 | 7,804 |
| Total operating expenses | 521,767 | 423,042 | 307,072 |
| Operating income | 526,785 | 262,417 | 158,882 |
| Other income (expense), net | (1,848) | 9,802 | 10,460 |
| Income before income taxes | 524,937 | 272,219 | 169,342 |
| Income tax expense | 87,265 | 30,196 | 4,967 |
| Net income | $ 437,672 | $ 242,023 | $ 164,375 |
| Net income per share | |||
| Basic (in dollars per share) | $ 9.37 | $ 5.28 | $ 3.67 |
| Diluted (in dollars per share) | $ 9.05 | $ 5.05 | $ 3.50 |
| Weighted-average shares outstanding: | |||
| Basic (in shares) | 46,727 | 45,851 | 44,840 |
| Diluted (in shares) | 48,358 | 47,889 | 47,014 |
MPWR Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 288,607 | $ 189,265 |
| Short-term investments | 449,266 | 535,817 |
| Accounts receivable, net | 182,714 | 104,813 |
| Inventories | 447,290 | 259,417 |
| Other current assets | 42,742 | 35,540 |
| Total current assets | 1,410,619 | 1,124,852 |
| Property and equipment, net | 357,157 | 362,962 |
| Goodwill | 6,571 | 6,571 |
| Deferred tax assets, net | 35,252 | 21,917 |
| Other long-term assets | 249,286 | 69,523 |
| Total assets | 2,058,885 | 1,585,825 |
| Current liabilities: | ||
| Accounts payable | 61,461 | 83,027 |
| Accrued compensation and related benefits | 88,260 | 62,635 |
| Other accrued liabilities | 113,679 | 81,282 |
| Total current liabilities | 263,400 | 226,944 |
| Income tax liabilities | 53,509 | 47,669 |
| Other long-term liabilities | 73,374 | 67,227 |
| Total liabilities | 390,283 | 341,840 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 47,107 and 46,256, respectively | 975,276 | 803,226 |
| Retained earnings | 716,403 | 424,879 |
| Accumulated other comprehensive income (loss) | (23,077) | 15,880 |
| Total stockholders’ equity | 1,668,602 | 1,243,985 |
| Total liabilities and stockholders’ equity | $ 2,058,885 | $ 1,585,825 |