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Monolithic Power Systems Inc Stock Research

MPWR

497.97USD+21.36(+4.48%)Market Closed

Market Summary

USD497.97+21.36
Market Closed
4.48%

MPWR Alerts

MPWR Stock Price

MPWR RSI Chart

MPWR Valuation

Market Cap

23.5B

Price/Earnings (Trailing)

53.6

Price/Sales (Trailing)

13.07

EV/EBITDA

41.22

Price/Free Cashflow

124.89

MPWR Price/Sales (Trailing)

MPWR Profitability

Operating Margin

58.44%

EBT Margin

29.26%

Return on Equity

26.23%

Return on Assets

21.26%

Free Cashflow Yield

0.8%

MPWR Fundamentals

MPWR Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

36.7%

Revenue Q/Q

-7.15%

MPWR Earnings

Earnings (TTM)

437.7M

Earnings Y/Y

63.88%

Earnings Q/Q

-4.22%

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

Current Ratio

5.36

MPWR Investor Care

Dividend Yield

0.6%

Dividend/Share (TTM)

3

Shares Dilution (1Y)

1.84%

Diluted EPS (TTM)

9.05

Peers (Alternatives to Monolithic Power Systems)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
629.8B
27.0B
11.20% 5.54%
144.19
23.35
0.22% -55.21%
265.4B
34.4B
4.15% 7.21%
23.09
7.71
20.74% 70.65%
161.7B
20.0B
-1.31% 3.38%
18.48
8.07
9.18% 12.61%
155.7B
23.6B
7.88% -17.97%
117.97
6.6
43.61% -58.25%
124.9B
63.1B
-0.49% -34.58%
15.58
1.98
-20.21% -59.66%
22.0B
2.6B
21.50% 171.10%
-498.6
8.41
-10.40% -109.42%
12.7B
660.4M
8.09% 61.41%
71.08
19.25
28.14% 86.49%
MID-CAP
6.2B
7.1B
-10.56% 13.59%
8.04
0.87
15.53% 19.10%
4.8B
651.1M
-1.79% -5.91%
28.27
7.42
-7.41% 3.92%
SMALL-CAP
874.5M
1.3B
-18.13% -13.35%
12.01
0.68
16.70% 2.69%
785.5M
1.8B
-10.38% -36.92%
15.09
0.43
8.07% 32.37%
710.2M
134.6M
-13.31% -20.71%
-30.63
5.27
9.73% -5954.29%
709.2M
794.4M
-14.88% -47.69%
8.96
0.89
9.29% -82.10%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue7.4%1,7941,6711,4991,3311,208
Cost Of Revenue7.1%746696629568522
Gross Profit7.6%1,049975870763685
Operating Expenses3.1%522506476451423
  S&GA Expenses1.8%274269255242226
EBITDA11.8%562503427351-
EBITDA Margin4.1%0.31*0.30*0.28*0.26*-
Earnings Before Taxes12.6%525466392319272
EBT Margin4.9%0.29*0.28*0.26*0.24*-
Net Income11.9%438391336276242
Net Income Margin4.2%0.24*0.23*0.22*0.21*-
Free Cahsflow18.1%188159284248-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets6.6%2,0591,9311,7861,7141,586
  Current Assets6.6%1,4111,3231,3321,2471,125
    Cash Equivalents-8.7%289316343261189
  Inventory12.5%447397360311259
  Net PPE4.1%357343357369363
  Goodwill0%7.007.007.007.007.00
Liabilities-2.6%390401363388342
  Current Liabilities-9.5%263291254273227
Shareholder's Equity9.0%1,6691,5311,4231,3261,244
  Retained Earnings13.1%716634546468425
Accumulated Depreciation-172----
Shares Outstanding0.4%47.0047.0047.0047.0046.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations10.8%247223359350320
  Share Based Compensation2.6%161157145135123
Cashflow From Investing-501.7%-12.51-2.08-120-207-378
Cashflow From Financing-7.2%-128-120-112-103-90.21
  Dividend Payments6.0%138130122115109

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 ascendingFund NameType% 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%

1–10 of 47

Latest Funds Activity

Are funds buying MPWR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MPWR
No. of Funds

Monolithic Power Systems News

Investor's Business Daily

Futures Rise After Credit Suisse Deal; 7 Stocks Near Buy Points.

Investor's Business Daily,
4 hours ago

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Investor's Business Daily

Schedule 13G FIlings of Monolithic Power Systems

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Michael R. Hsing
2770
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

2022-12-31
Consolidated 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 revenue745,596522,339378,498
Gross profit1,048,552685,459465,954
Operating expenses:   
Research and development240,171190,627137,598
Selling, general and administrative273,595226,190161,670
Litigation expense, net8,0016,2257,804
Total operating expenses521,767423,042307,072
Operating income526,785262,417158,882
Other income (expense), net(1,848)9,80210,460
Income before income taxes524,937272,219169,342
Income tax expense87,26530,1964,967
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)46,72745,85144,840
Diluted (in shares)48,35847,88947,014

MPWR Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 288,607$ 189,265
Short-term investments449,266535,817
Accounts receivable, net182,714104,813
Inventories447,290259,417
Other current assets42,74235,540
Total current assets1,410,6191,124,852
Property and equipment, net357,157362,962
Goodwill6,5716,571
Deferred tax assets, net35,25221,917
Other long-term assets249,28669,523
Total assets2,058,8851,585,825
Current liabilities:  
Accounts payable61,46183,027
Accrued compensation and related benefits88,26062,635
Other accrued liabilities113,67981,282
Total current liabilities263,400226,944
Income tax liabilities53,50947,669
Other long-term liabilities73,37467,227
Total liabilities390,283341,840
Commitments and contingencies
Stockholders’ equity:  
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 47,107 and 46,256, respectively975,276803,226
Retained earnings716,403424,879
Accumulated other comprehensive income (loss)(23,077)15,880
Total stockholders’ equity1,668,6021,243,985
Total liabilities and stockholders’ equity$ 2,058,885$ 1,585,825